Posts by willgart
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their account reached the -60% DD (exposure info)... the plan ? well... simple... there is a protective SL :) or we can ask the central banks to reverse the trend...
[quote]husar2003 posted: i closed manually with 200$ loss. This is less than profit yesterday (other EAs) and less than i earned with sphantom. I will reinstall the Customer Version with SL and choose smaller Lot size.[/quote] I think its a bad idea, first because its too early to diagnose the result and second because you will not recover your losses... imagine if you lower the risk of an EA because of 1 loss (which is part of the game) you will never recover and make it profitable. in fact I'll raise the risk after a drop when I know that the EA is very stable to recover quickly (for sure ......
well... I think we are in a big trend, for sure be prepared for a loss :) we'll see in 3/4h... maybe the mid day reversal will occur...
I think we cant do something on our side. the problem is certainly on the sPhantom network side. I don't know where their servers are located, but they certainly don't have the control on a lot of things. like firewalls, internet connection etc... they certainly uses VPS like we are using. wait and see if they'll post some comment on this issue as everybody was impacted except their own account.
I think we suffered a latency in the signal itself. we have receive the close signal command from the sPhantom server too late. like if the web site used for the connection between our VPS and their VPS was suddenly bad or unresponsive for few seconds.
[quote]ProActiveT posted: [quote]Don_P posted: Hi Guys, I bought this EA a few weeks ago and I have an issue with risk percentage change(lots). I can't change it as everytime I do that and press OK, when I open that settings window again it remains the same. Contacted both sphantom services and IBFX, none of them could help. Maybe somebody have any ideas? Thanks [/quote] Hi Don. I had the same problem but even if the window was always going back to the original value, the risk percent was actually changed for real. Try to save with the value you want and do not reopen the window and check y......
[quote]ForeignDevise posted: Dont break whats not broken ... Sooo, a system with a rr of 1:25, only about 125 trades so far and a sl which blows your acc if you have the same settings as the vendor is good? Even worse you'll never see the sl getting hit because the sl is set at 140%+ drawdown! You may also notice that they blew up acc's in the past and then just stopped any service - came back with a new name and slightly modified system. Yeah im fine with that, as long as it makes money :P[/quote] again... any proof? what was these EAs/signal names? please share detailed and valid information......
[quote] Help a dumb new guy... how does one "turn off the automation"?[/quote] well... stop the EA... but you will increase the risk!!! last week sphantom close the trades in break even, which was a good decision, if you stop the EA you will not receive these safe close signals... and you can be in big trouble!!!
I agree don't break whats not broken :)
here too, exactly 10pips. which mean that the trade was closed by its local TP and not from the sPhantom close signal. does this mean that the EA on the sPhantom side close the trade later??? or we have been lucky and our trades were in better position than the sPhantom signal one.
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