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5143925 EU AU GU Lot 01 Low (By FXunnyMoney )

Gain : +238.14%
Drawdown 58.13%
Pips: 26188.5
Trades 9461
Won:
Lost:
Type: Demo
Leverage: 1:500
Trading: Unknown

5143925 EU AU GU Lot 01 Low Discussion

FXunnyMoney
Dec 15 2020 at 21:31
8 posts
Decent monthly gain for risk; will monitor for ongoing progress
Fabiandelph842
Dec 23 2020 at 06:02
24 posts
Trading on a demo account is not at all similar to live trading. It’s better to start small when you go live so that you get to know the difference.
winklebew
Jan 15 2021 at 04:12
17 posts
That’s good. Hope it turns out better on the live account. There will surely be some difference on a demo and live. Good luck.
forex_trader_[2074131]
Jan 18 2021 at 19:50
10 posts
monitor for ongoing progress
FXunnyMoney
Jan 21 2021 at 01:26
8 posts
I do have a live account; however, on that I am only trading EURUSD
dennisstanley
Feb 05 2021 at 04:02
18 posts
Wow! That’s a good system even though I somehow feel the risk is high on this one.
FXunnyMoney
Feb 06 2021 at 01:33
8 posts
I think its high risk too. but thats why I'm only running it on demo. on live account i'm only running 1 chart which is EURUSD. With this I wanted to see how the performance of the EA does on different pairs. also this is completely untouched meaning its running all on its own without being stopped , or any user intervention. When i use it on my live account; I let the EA run all the time but also watch over large price swings and market moves; and if needed close out some trades, change settings, so yeah, wouldn't run the live account completely unattended
FXunnyMoney
Feb 06 2021 at 01:36
8 posts
winklebew posted:
That’s good. Hope it turns out better on the live account. There will surely be some difference on a demo and live. Good luck.

definitely. the main thing I've noticed with coinexx demo accounts is that they don't have the same swap fees for the pairs. So that alone can make a difference on profit between demo and live. besides that it has been pretty consistent in terms of price action
blixtpiece
Mar 06 2021 at 04:13
45 posts
Good demo. Do you mind telling me how much you risk per trade mostly?
riaparrish
Mar 12 2021 at 09:27
13 posts
I didn’t really like demos so much but this one looks profitable. Good work here.
FXunnyMoney
Mar 12 2021 at 15:12
8 posts
blixtpiece posted:
Good demo. Do you mind telling me how much you risk per trade mostly?

at the heart of the code it is a cost averaging EA; however, once it gets into a large number of positions it starts to close off old positions at a loss. So it limits your maximum draw down in that sense.
FXunnyMoney
Mar 12 2021 at 15:14
8 posts
riaparrish posted:
I didn’t really like demos so much but this one looks profitable. Good work here.

thanks. am always looking for ways to make it better. nothing is perfect in forex.
FXunnyMoney
Mar 17 2021 at 22:16
8 posts
Also please check out this other demo system which uses EU and AU pairs only (excluded GU).
https://www.myfxbook.com/members/FXunnyMoney/5136213-eu-au-med-01/7412640

The GU pairs is more volatile and averages almost 30% pips per day... which can be great but also introduces more risk.
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