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1.1 Profit Empire Robot (Real) (By Michigander )

The user has deleted this system.

1.1 Profit Empire Robot (Real) Discussion

ricki72
Apr 12 2014 at 14:29
238 posts
Hello,
how can it be that you have 98,9% DD?
We all have around 25%?
Did you make higher risk?

The differenece between who your are and who you would like to be be is what you do
KOMAN
Apr 12 2014 at 20:06
34 posts
That I number you have put in the Level of risk of the EA: 1, - 0,6 or 0,3.
 It is possible that this value does not work in the robot.

yongp (yongp)
Apr 13 2014 at 19:30
11 posts
@ricki72

I think because Michigander use a 1:888 leverage broker,so he make higher risk.Check the trade history can see the lot's size,it's bigger than ours.

Michigander (Michigander)
Apr 13 2014 at 19:49
321 posts
yongp posted:
@ricki72

I think because Michigander use a 1:888 leverage broker,so he make higher risk.Check the trade history can see the lot's size,it's bigger than ours.


I analyzed the historical, but live trades of PE as well as the intra trade draw down of each trade to determine an appropriate stop loss for Empire trades. I have a real problem with the 250 pip stop losses that these vendors uses. I've been burnt too many times with these wide stop losses that will never get hit...until they do. I was basing my lot sizes based on Empires statement that they were currently taking a maximum of 6 trades in a basket. Now we have an 8 trade, and it could go to 10 trades if this doesn't turn around. With this many trades, my risk is too high. I can see I need to plan for a 10 trade basket and that is going to cut my lot sizes way back.

I did not haave a 98% drawdown. Myfxbook is really unstable when reporting drawdown. I used this account for a different system and blew out that account some time ago. Even though you pin a custom start date, the drawdown continually resets itself. I logged in and it was 98%. I unpinned and repinned, and it was 32%. I unpinned and repinned and now its its 28%. Maybe if I keep unpinning and repinning, I can get it down to zero.

War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
yongp (yongp)
Apr 16 2014 at 10:16
11 posts
Hi @Michigander

You clear your P.E.R account?

yongp (yongp)
Apr 16 2014 at 10:16
11 posts
sorry, I mean clean.

Michigander (Michigander)
Apr 16 2014 at 11:48
321 posts
No I didn't. I don't know if this file is corrupt on myfxbook or what. I can no longer pin the date for the range that I've been trading PER. I've opened a ticket to try and get it resolved.

This is what its supposed to look like.

Attachments:


War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
Michigander (Michigander)
Apr 16 2014 at 21:37
321 posts
If I dont hear from them by tomorrow, I think I'm going to delete and re-establish the account.

War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
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