SharePosts by willgart
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a PAMM account don't copy trades. you invest in a shared account managed by somebody else. but you keep the control of your shared part. So the capital is shared with multiple investors.
you cant have access to the trades, only the manager (the trader) can manage them. you can see the trades later, but not in any MT4 terminal.
you just wait for the profits... if any... :)
so the commission is taken by the system when the manager ask for this or when you ask to withdraw some money from the account.
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[quote]yazdhin posted:
G'day.
I would like to learn more on your trading system and strategy.
Thanks[/quote]
strategy is simple, this EA trades when there is spikes on EURUSD and try to get the pullback generated during this type of big moves.
here we talk about M1 big moves, which occurs mainly during news. so the EA didn't trading so much and only for few seconds.
and required a very good broker.
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very good results!!!
great trades and high avg wins compared to loss. I like this.
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http://www.mt4i.com/users/forex-benz-full
big profits... but everything lost.
at least no margin call suffered. the way this EA works, its harder to get a margin call I think. but big losses for sure.
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[quote]forexbenz posted:
This is not a martingale. Lot size is incremental as oppose to double in martingale and also there is stop loss, each pair the stop loss level vary.
E.g. EURUSD 30pips, hard stop loss and it change as well, in case of sharp movement in opposite direction, trades get close at stop loss to protect from large losses and stop level vary for pair to pair.
Also there are lot of others variables to protect, you need to see how old account is running and it is already running over 6 months now.
Yes, sure you can watch and see how it performs, thanks for watching.
Forex Be......
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so how did you call an EA which increment the lot size and opens a lot of trades when the trend was missed?
when the number of pips is negative and the $ is positive... (your other accounts, not this particular one)
its a martingale!
its not a scalper, not a trend follower
180pips is not a tight stoploss.
but the config appear to be interesting for a martingale.
we have to wait to see how many month the account can survive.
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well... finally I stop using it 3 MC in a row, no time to withdraw any profit between each one.
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[quote]jonnyrich007 posted:
This is rather a pointless thing to track. Why would you want to track all existing brokers? [/quote]
To be able to compare good and bad brokers.
when you scalp you need a fast broker and a low spread.
a slow execution can results in catastrophic results.
you'll suffer requotes, closing a trade is a big problem, even moving the SL/TP is slow. and with an EA which can execute a lot of trades, this become just unmanageable.
I saw execution time of 10 seconds... imagine when the EA open 6 trades on different currencies and try to move the SL of over trades... ......
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I found strange trades in USDCAD, the time / price didnt match some of the market. there is some winning trades for about 9.4pips in less then 1 minute.
but the price took 1hour to do the 9pip move...
and apparently the real accounts published on myfxbook didnt match any of the demo results...
from 20K$ to 60K$ in 2 days... based on the signal provider...
http://www.mt4i.com/users/gaaam-manual
while the real accounts are able to get only 5%....
and what is strange the signal account on myxfbook was not updated for the last week...
well... not sure what we have to understand here :)
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[quote]wychim posted:
Dear Sir,
Please have a look at their website, they blow the third PAMM account again. A lot of people trust ENVY and lost huge money.
A lot of free EAs are better than ENVY. don't waste your money to buy this risky junk. [/quote]
which ones???
all the time I can read this sentence, but which EA???
except KangarooEA, I don't know which one are good.
so tell us which one...
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