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Alpari UK Classic (By baraban)

Gain : +108.9%
Drawdown 78.93%
Pips: 275.0
Trades 3778
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

Alpari UK Classic Discussion

Damon (Damon)
Apr 04 2011 at 21:28
129 posts
Hi Baraban,

What I meant was a PAMM managed account, you know you can attach an EA to your MT4 with a PAMM account and everyone else's account follows right? You only need to have one instance of MT4 running to manage thousands of accounts. Also your fee comes right off the top of each trade, the brokerage itself deals with distribution. Also, everyone gets filled at the same price, because it is traded as a lumped aggregate.

Is 2 pips on the Euro and 3 pips on the other majors too big a spread for your trading style?

1 pip pip banked is worth more than the rest out in the market.
baraban
Apr 09 2011 at 10:41
23 posts
Thats the main problem, that NOT everyone gets filled at the same price. I'm scalping in low liquidity market, with target 4-5 pips. The requests are sent simultaneously, but some of them get requote/slippage on opening and/or closing. Thats why I manage directly each account on separate terminal. But i'm looking for software that will solve this problem, and will meet my needs, as i get more clients.
At the moment I can say that strategy works well on TadawulFX (Standard) account spreads, and Alpari UK (Classic). Its not about spreads, but price feed are making sense too. As for example one of my client has FXSalt account, spreads are low (ECN with commision), but EA doesnt trade a lot. So we can say that its broker dependent. It could sound crazy for those who trade with with more than 30pips TP targets, but its a reality for scalpers. Once i've tested on MBCFX DEMO and it was very good results, but this broker isnt seems reliable to me.

Don't risk more then 2% with one trade!
tapachula (tapachula)
Apr 16 2011 at 17:59
193 posts
Nice results, But how many accounts you will be able to manage that way, maybe your performance fall as accounts increase.

I will watching ur performance....

good work


Yeah i know my grammar sucks, I speak spanish. Sorry if something doesnt make sense ;)
baraban
Apr 16 2011 at 18:11
23 posts
I dont see any reason why performance should fall, as accounts increase. How it will affect my strategy? i think, that there are practicly no limits...

Don't risk more then 2% with one trade!
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