Channel Trader PRO (by channeltraderpro)
Gain: | +2137.11% |
Drawdown: | 33.68% |
Pips: | 2948.2 |
Trades: | 589 |
Won: |
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Lost: |
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Type: | Real |
Leverage: | 1:100 |
Trading: | Automated |
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Channel Trader PRO Discussion
DD too high, I closed AUDUSD with -$2,500.
Two large positions, both go to the same direction, looking not good.
Too risky to hold them.
Tried to reach Doug, but no response.
Two large positions, both go to the same direction, looking not good.
Too risky to hold them.
Tried to reach Doug, but no response.
What do you want from Doug? Everything as planned.
-2500usd, wow. You probably use lotsize like 3 lots or so.
-2500usd, wow. You probably use lotsize like 3 lots or so.
The positive trend up on both pairs is amazing and probably unforseen. A trend change is now a potential which will hopefully save these trades.
I have to be optimistic as with the brilliant run on the last set of trades I changes my lot size to high risk and am now at risk of burning my acc. I never seem to learn....
Doug must have reason for the sell trade and hopefully the AUD weakness will kick in soon.
This is still the best system of many that I have tried.
I have to be optimistic as with the brilliant run on the last set of trades I changes my lot size to high risk and am now at risk of burning my acc. I never seem to learn....
Doug must have reason for the sell trade and hopefully the AUD weakness will kick in soon.
This is still the best system of many that I have tried.
Worried as well. Still had my positions opening. Fingers crossing very hard for a reversal...
vortextraderpro
Member Since Feb 03, 2015
84 posts
Sep 09 2015 at 17:50
I respond to emails as soon as I can. You must be patient.
In terms of this looks like we are at top of channel and it has strong resistance.
In terms of this looks like we are at top of channel and it has strong resistance.
I think both trades are going to Bearish and now going down. Hopefully, tomorrow we will see the downtrend obviously. Believe in this EA!
Is it just me? I just got a very large trade on EURCHF, 30lots, without stop loss. Anyone faced the same thing?
Panicking right now... 😕
Panicking right now... 😕
I'm learning how to trade and I have been taught to aim for initially 1:1 as target 1 and then 2:1 risk reward as target 2. Now the EA does not come anywhere near this, SL 200pips with an average win of 11.5 pips and maximum win of just 52 pips.If I have a sL of 200, my risk, I expect to get at least 200 pips in reward So, please can it be confirmed that there could be many trades between 0 to -200 pips drawdown with the ultimate hope of winning just 11.5 pips on average on each trade?
This looks a very emotionally stressful way to have trades open, but are you all OK with this?
I'm new to my fxbook and not sure if I can find out how many trades I must allow to have open to ensure I hit the published profits. I would not risk more than 1% of my account for any one trade.
This looks a very emotionally stressful way to have trades open, but are you all OK with this?
I'm new to my fxbook and not sure if I can find out how many trades I must allow to have open to ensure I hit the published profits. I would not risk more than 1% of my account for any one trade.