Posts by Revan
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Is this fxzapper or xbars?
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DoubleTrap thanks for the info. Can you unlock your trading history on your chart so I can see your trades?. Do you think this EA will work just as well on FxOpen?
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Why dont you upgrade to v1.06. Are there any noticeable differences?
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yup, same here
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I am having the same problem...it is something to do with their servers.
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My experience is that in general investors dont know whats good and whats not[twist]
I just tell people to look at the monthly ROI, what happens in the interim is not important as far as im concerned
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2% drawdown is something I never even consider as risky
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The issue of pip movement is not simple and depends on how you calculate it. However, my settings are low risk. I have blown plenty of demo accounts while producing this system (5 years in the making). However, I have never blown a live one, including all my manual trading - touch wood[smiley]
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Yes this is a micro account, it was originally set up with around $700. Yes it would be nice if fxbook could fix this issue somehow. I just set this account up as a demonstration of martingale systems.
Unfortunately most martingales do blow accounts because people have no idea of correct Money Management. It really does not take long to produce an excel spreadsheet and work out your risk. Currently I am covered for around a 300 pip movement with no retracement. The market normally moves 200 pips per day.
Selling the system would be kind of pointless as it is not completely automated and inv......
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There is always risk in forex no matter what your method your employing. If you are concerned about your funds then forex is not for you - put it in a bank and get 1%.
If you have the relevant experience, understand statistics and mathematics then the martingale hedge system is one of the most powerful trading strategies. But as an earlier poster mentioned it is not for beginners.
I feel in forex there are too many 'armchair traders'. Actions speak louder than words.
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