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Do you think you can turn $200 into $400 in six weeks?

CrazyTrader (CrazyTrader)
Jul 21 2014 at 23:18
1718 posts
In memory of the fx noob MK:

0,0 Pip Drawdown has been achieved yesterday:



Attachments:


CodeMonkey (CodeMonkey)
Jul 23 2014 at 01:25
182 posts
It would probably be at this point when Amber_Kiwa would say that your 'pip drawdown' is too low. 😁

Viva La Puerto Rico!
CodeMonkey (CodeMonkey)
Jul 23 2014 at 01:30
182 posts
However on another subject...

I transferred my account from a variable spread to an ECN lower spread account today.
The variable spread account had a much higher spread than the ECN account I now have.

https://www.myfxbook.com/members/CodeMonkey/codemonkey-ecn/979915

I haven't traded on it yet, but I thought I might post up the link in case anyone is interested in it.

It's a new week. :)

Viva La Puerto Rico!
CrazyTrader (CrazyTrader)
Jul 23 2014 at 01:47
1718 posts
Lol,

I see you were also fighting on broker's review with MK:
https://www.myfxbook.com/reviews/brokers/traders-way/196412,1#?pt=2&p=3&o=196412

Will you use your scalping EA on that broker?

1 guy said that pending orders may get large slippage...

CodeMonkey (CodeMonkey)
Jul 23 2014 at 01:54
182 posts
CrazyTrader posted:
I see you were also fighting on broker's review with MK: .......


Yes he stalked me over to the brokers review and started being his typical amber_kiwa self.

Yes I will be running my scalper in conservative mode for a few weeks until it gets optimized and trained for the conditions of the new account. Overall it's a pretty good bot. I'm pretty happy with it.


Viva La Puerto Rico!
CodeMonkey (CodeMonkey)
Jul 23 2014 at 02:00
182 posts
I checked the post you were referring to:

CopperCM posted:
The pricing as been great and the features of cTrader but I have had two different issues with being grossly miss-priced and filled. The first was 18 pips on a slow moving pair which they fixed and the second was being filled 38 pips and 75 pips away from the price my US broker had at the same time. .....................


I've heard from other people regarding that as well.
cTrader is different platform that what I currently run.
And I've read some additional posts on other forums where people were having similar problems.

It uses different servers from MT4.

Viva La Puerto Rico!
CrazyTrader (CrazyTrader)
Jul 23 2014 at 02:02
1718 posts
CodeMonkey posted:
 Overall it's a pretty good bot. I'm pretty happy with it.



Tell us more about your strategy... what is SL & TP used when you open trades?
Do you use trailing as soon as your order is positive.

CodeMonkey (CodeMonkey)
Jul 23 2014 at 02:11
182 posts
The current scalper bot works in general as follows:
Higher time frame determines the trend.
Lower time frame determines the trigger of when to enter.
If there is a minimum movement on the m1 candle, it enters in that direction.
Once it has moved 1 pip past break even, it trails it by a dynamic pip value based upon the volatility of the pair and market at the moment.

Viva La Puerto Rico!
ahuruglica (ahuruglica)
Jul 23 2014 at 09:21
852 posts
To be fair, I kind of miss MK.

TheFX4You
Jul 23 2014 at 19:22
92 posts
Do you think you can turn $200 into $400 in six weeks?.

Yes it's possible and even faster...

By EA or manual trading, however it's not a recommended way for trading...

We have had clients who started with just $100 and now they have a few thousands...

Stable 20% per month without manual intervention...
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