SharePosts by robotchallenge
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How many positions can be open at one time? What is the maximum loss in % with your current settings? How is a loss managed, by percentage or hidden stop loss? Thanks.
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Nice results so far, too bad you use a demo.
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He switched to Forex Hacked. Hope it doesn't hack up the account.
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I think these guys have disappeared with our money. They don't answer emails and they have taken down the myfxbook.com linked account. There is still a FPA but it stopped working after the last big DD.
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Birt would you kindly share the average spread and the commission you pay per round turn full lot on your chosen broker? Perhaps just a tiny bit better conditions would allow this thing to work profitably. Thanks.
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Custom analysis here on myfxbook.com shows something like 28% DD for gbpusd vs only 9% for eurusd so the above suggestion seems beneficial.
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I am sure you always get the comments after a loss but here is another anyways. Good performance overall and I see some people would like to remove the gbpusd pair but consider another alternative. Why not just make them gbpusd trades ½ of eurusd size? This would allow the risk level on the account to stay the same with overall DD being reduced. In fact, users could then bump up risk and achieve the same level of DD that they currently have but with an improved performance. Thanks.
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I have looked at my own accounts and any other accounts I can access and eurgbp is the one pair that is profitable on all of the accounts. Perhaps others can confirm the same conclusion. I have been running it a at 10% risk for a while now and it always recovers quickly, so far anyways. I have left the stop loss alone.
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One other account I watch is six months old and down 20% and this in now fully three months old and approaching 40% losses. It is starting to look like wishful thinking more and more. I believe that the only pair that survives is eurgpb and I still run that one.
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After this past week MDP working anywhere is open to debate. Jon is getting better rebates and deals by attracting new accounts and so if MDP stop working then so be it, it is the trade off I guess. If he kept it all secret then he would have put up with higher commissions or no rebates and how would that benefit any of us? I suspect that those complaining are here to get the better deal anyways otherwise why bother reading any of this. Keep up the good job Jon.
Best regards, BNB.
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