SharePosts by sebring001
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I pray this was demo
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This teaches the value of testing a system and as the results shows, this EA couldn't holdup. Some idiots would have put real money into this, impressed by the early success, and would have lost their shirt.
The problem with this EA is that it ran out of margin. At 50:1 in the US, it's just not feasible. However in other locations where u can get 200:1 to 500:1 this probably would have worked out. This EA opens a position every hours based on the strength of the currency. An issue is that it opens every single hour, even during light trading hours - eating away at your margin. I do firmly b......
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Invest Company with existing Investors looking for Traders (Partners) In Experienced Traders Feb 18 2011 at 14:49
[quote]HellboyFX posted:
Hi
If you like small and steady please go and check out portfolio solid fx and growth fx
We are a small firm out of Switzerland running these - AUM currently around $7mil
Lowest deposit taken $250k
Regards
[/quote]
Apparently Jacques didn't read TheCyclist's note?
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I don't take secondary trades because primary is just safer. They are your "A" trades while secondary trades are "B" trades and may add to your risk. Due to the recovery process being martingale(limited) I limit my pairs to just 3. Image if you traded 14 pairs and half went to L2 and one-third went to L3 and THEN you took secondary trades? You will quickly margin yourself.
So I use higher lotsize but since I only trade primary trades and use 3 currency I can EASILY know how much I might lose and my maximun drawdown. This is the way I define my risk and it is the ONLY thi......
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Nice going. Can you provide info as to whose program this is? Url?
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Invest Company with existing Investors looking for Traders (Partners) In Experienced Traders Feb 17 2011 at 22:05
[quote]fxrobotsystems posted:
Hello Mark,
I am a self-employed entrepreneur and an experienced Forex Trader who seeks investment from interested Investors, as well as the opportunity to work with a Company like yours.
I personally developed my MT4-based automated Forex trading systems.
My reward requirement is 20% (maximum) of realized profits.
I shall appreciate the opportunity of working with your Company.
Thank you for your kind attention.
[/quote]
Seriously? You have balance of 117k but equity of 40k? ARE U SERIOUS???
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Thanks Pietpatat. Please know that this is The Old Beast on default settings using the original 3 default pairs. The only I changed were the lot sizes and I only take primary trades(I used to take secondary). Lot sizes were .09 but I realizde I wasnt making good use of margin(only trading 3 pairs). I have increased them to .15 today.
Some people had this blow up on them but normally they are doing one or more of the following: trading too many pairs; using large lotsizes relative to account size; trading with insufficient account sizes; being plain old greedy.
This things works fine as ......
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Looks like you're quite fine as-is. It aint broke, dont't fix it.
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Definitely doubling on loses. It is working for now but a bit too risky for me.
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I dumped FAPT in the first 30 days and used Megadroid exclusively from April 09 till Aug 09. I now use Megadroid ADT and a couple others. Account grew 92% from April to Sept. However it only shows 27% becuse stupid IBFX does this annoying balance foward thing that skews everything.
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