SharePosts by tneedham
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Is this the same settings that crashed in less than a week the last time Ultra was published here?
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How does this have lower drawdown and higher monthy ROI than Power L/S? I thought LV was supposed to be a risky setting?
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2 accounts crashed one twice but restarted with proceeds from profitbackforex.com lowered risk factor to .5 and everything has been running fine ever since even with one of them at half the recommended lot size and the other one at only 10%. It doesn't matter how much you make if you can't keep it.
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[quote]LorenzoFrench posted:
you use a risk factor of 5 ?[/quote]
I doubt any account less than a million would last more than a week at risk 5.
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Big jump in the drawdown.. I hope that has a corresponding huge jump in profit..
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Stat's look very impressive. It looks like they could farily safely do 50 times more.. Notice they are making pips as well as Dollars.
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[quote]NairSys posted:
[quote]tneedham posted:
[quote]jpm_research posted:
DD - 71% !!![/quote]
That was when it had a VERY low balance.. I don't think you'll see anything near that high again. Unless the world economy collapeses. They've increased the tolerance for long trends but not eliminated the risk of a really long one. But they do say a worst case scenario is losing up to 15% of your balance and given a ROI of 1000's of % per month I think I can handle a occasisional 15% loss. I just hope that they can maintain at least most of the ROI as the account grows. It looks they are sayi......
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[quote]jpm_research posted:
DD - 71% !!![/quote]
That was when it had a VERY low balance.. I don't think you'll see anything near that high again. Unless the world economy collapeses. They've increased the tolerance for long trends but not eliminated the risk of a really long one. But they do say a worst case scenario is losing up to 15% of your balance and given a ROI of 1000's of % per month I think I can handle a occasisional 15% loss. I just hope that they can maintain at least most of the ROI as the account grows. It looks they are saying to expect the same returns till it gets past $120......
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Yes it's a Cents account. They only offer 1000:1 leverage to accounts less than $1000.00. He started out with $20.00 to demonstrate the low drawdown of the account and it makes the ROI look much more impressive to start out with then it tends to trickle down as the account grows unless he's changed the money management..
[quote]gordongeiko posted:
Robert, reiterating a question already asked : is your ultra account a cent account (starting balance of $20 then instead of $2000)? Important to know this, thanks[/quote]
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Breaking your accounts into smaller accounts increases your profits AND risk. Larger accounts have a lower ROI but have less drawdown. The only way to increase profits and lower risk at the same time is to trade with the market and I don't know of any EA that does that. I can't for the life of me figure out why all these brilliant minds can't see that.
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