SharePosts by bluemele
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I moved this over last week to produce 2 X 50.00 baskets for about 20 currencies.
This means, when it hits 50.00 it blows up. The last 2 weeks were quite volitile and I decided that I will also end my 100.00 basket test for now on a smaller account.
So, for now, I will continue testing this until it reaches -200.00 total (1800.00) equity and see what happens. For this to work, we need a ranging period! :) haha...
I will probably end this at some point and just convert my main account to a 50.00 basket account if it is profitable and increase the lot amounts. So, really instead of a 50.......
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[quote]Patience posted:
[quote]ranesh posted: Just a quick question - would you prefer to invest with someone who produces HUGE returns (with a very real risk of busting the account down the line) like in this case or would you prefer to invest with a Money Manager who consistently produces realistic returns on investment (5-10% avg/month) that is easy to sustain in the long term ?
[/quote]
Please direct me to someone who can consistently produce realistic returns of 5-10% a month over the long term. I'd really like to meet them.
[/quote]
How long would you say is 'long term'?
I th......
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That is what I thought from the FF posts, but just checking. Looking good my friend! :)
I am up 9.3% on the account from this week. It was a tough week though. Made a few mistakes, but recovered from all but 1.
gil
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How about an Ante up fee....
Everyone who wants to join the contest chips in 50.00....
50% to winner, 35% to 2nd place, 20% to 3rd and 5% to myfxbook.com for handling it...
Get committments first to show the interest level and projected prize, then set a minimum from fallout and then you don't need a sponsor.
I realize in the world of 'no risk, I will trade only your account, your money or demo only please..' that this may not work...
I would be up for the fun. :) Beats buying an EA that doesn't work or only works with current market conditions from some fuzzy haired programmer who thin......
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Hi, are you subscribed to their service?
Curious what you think...
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Luiboy,
Nice to see your stats...
LITEFOREX is a Nano broker right, so you original deposit is actually $4K +- right?
I always have a hard time telling as some brokers mess it up on reporting.
Gil
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Cool, sounds exciting! :)
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I was reading the forum a bit on the micro grid and I did do a quick live test using Micro-Grid settings. Actually about -250.00 that I have lost in the last 1.5 weeks started as micro grid settings, but I changed them half-way through as I was getting killed.
I haven't thought about the 10 different variations with low and high volatility... Interesting concept.
I am amazed at how much this market is continuing to move. FX always amazes me.. :)
Tell me how it goes! I am loving my 10.00 basket thus far and the 5.00 has some interesting prospects as well.
If you look at my 10.00 basket......
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My 100.00 baskets I am shutting down... I have about 5 currencies that are all about to hit. I will close them all as promised at 100.00, or I may just move cash over and close them out.
I think doing them off the 1M doesn't work as well when market runs hard, but better when ranging of course...
Gil
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Manual.
I switched this account over to baskets of 50.00, so it hit quite a few.
however, it is back on track now to make pips... :)
Testing live 50.00 baskets.
I probably picked the worst time to test this as I didn't get but a day or so to actually make some pips before the market ran very hard. However, when it starts ranging again, this should be ++ in pips.
If I have the stomach to wait that long. In about 5 months running Blessings, this is the 2nd worst I have seen my DD... not worried... I am experimenting here on this account now.
Gil
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