SharePosts by kotik
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Update:
The big loss (in pips) on Nov 2nd was due to me closing out some of my short positions in EURGBP. The remaining EURGBP trades have now been fully hedged and locked in a £420 loss which I will unwind gradually over the next 2 months.
Trading EURGBP has been a big mistake which I hope not to repeat!
In addition AUDNZD has been trending upwards following the AUD rate rises so I added another £2000 to the account to increase my safety margin.
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Hi David,
I would reccommend you try http://forum.forex-assistant.com/
Bob on the forum is the joint-creator of Robominer / GT Shadow and is very helpful in answering your questions.
Certainly you dont need both Robo and GTS because by default they trade in exactly the same way, the only difference being that GTS is fully customisable allowing you to adapt and create your own strategies as your knowledge of grid trading grows. However, the downside is its increadibly complicated to set up with dozens of different parameters to configure.
Robominer is much simpler and idiot -proof......
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Hi,
Its basicly a manual grid-system trading the upper ranges of AUDNZD using Sell Limit orders every 50 pips. I also scalp manualy on this account and some Megadroid trades.
I started out in January with $6000 and traded till I had just over $7200 then withdrew the original $6000 capital. The remaining $1200 has now grown to $3750 of pure profit. <img src='http://static.myfxbook.com/images/smiley-cool.png' alt='<img src='http://static.myfxbook.com/images/smiley-cool.png' alt='[cool]'/>'/>
My main account is listed here as "GT S Plus MD (ADT)" which has more de......
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Just some background to this account:
Started Dec 2008 trading FAPT, made good gains for the first month before the losses started in Jan and Feb 2009 (this is the first part of the graph).
I then started grid-trading in March 2009 but with FAPT on low risk with manual intervention. This was gradually phased out when Megadroid was released in April.
I now trade grid systems using GT Shadow on AUDNZD, EURCHF and EURGBP with Megadroid ADT as a backup system.
It seems to work quite well and I intend to go forward on this basis.
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