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Forex Hacked-Alpari UK (By Rick Smereka )

The user has deleted this system.

Forex Hacked-Alpari UK Discussion

Rick Smereka (rsmereka)
Aug 26 2011 at 23:14
51 posts
John,

You are very welcome.

Rick

juanmi
Aug 29 2011 at 12:43
4 posts
Rick, strategy of 0.02 lots is high risk.

Rick Smereka (rsmereka)
Aug 29 2011 at 22:05
51 posts
Forex Hacked period is high risk. I am using 0.01 lot per 5K. I started at 5K with 0.01 lot. At 10K, I moved to 0.02 lot.

Rick

Hubertus88
Oct 30 2011 at 13:59
24 posts
in which timeframe do u use this robot?

Gordon Gekko: Lunch is for wimps.
HedgeEdge
Oct 30 2011 at 14:10
51 posts
Has anyone a significant BT where the bot doesn't blow the account? I've lost more money with marty than with anything else, next would ge grid systems.

Rick Smereka (rsmereka)
Oct 31 2011 at 13:53
51 posts

   Hubertus88 posted:
   in which timeframe do u use this robot?

Forex Hacked runs on the H1 chart.

Rick

Ahmad Rafizi (rafizi)
Nov 15 2011 at 05:04
19 posts
Looking good Rick, if only Alpari actually offers a live account like their demo specs we'd all be raking it heheheheh.

acsinc
Nov 16 2011 at 22:03
20 posts
Hey Rick,

So for the last couple of months, I've been using recommended settings by FH developer: Pipstart: 31, TP 45, Booster 1.68, Max Sell/Buy 9. I've been trading only G/U. This last 2 days of decline (Nov.14-16) have taken me in on all 9 buy trades. Last night, I deposited more funds into my acct (Pepperstone Razor 400:1) as I knew the $3k I had in there would not be enough to handle another 100 pip drawdown. Sure enough it's dropped more today and had I not added another $2k, I would have lost. Now, I sit with 9 buy trades and a huge DD. I can only hope for a nice retrace back up to get me out. Otherwise, I will need to add more funds or take a hedged position.

The point I make is for those who read this, $3k is not enough for trading FH. I got lucky starting with $2k and made it to $3k. But now here I sit with a huge DD and my TP is about 150 pips away. For G/U, it's not a prob for it to move that much, but, market sentiment sure is bearish.

The other point I want to make is I see the settings you're using: Pipstart 21, TP 35, Booster 1.7, Max 9
I see your demo accts have survived this fall with G/U these past 2 days. With a 35 TP as opposed to a 45 TP, it looks like the retraces are easier to get. I think I will make the change as well once I finagle my way out of this situation I'm in now.

I will also make the change to FXPrimus to get 500:1 leverage and go through Cashback Forex to sign up to get the commission rebates.

Kind Regards.... Ryan

Hubertus88
Nov 16 2011 at 22:32
24 posts
to Ryan aka. acsinc: Maybe you have overtraded your account. With 0.01 lot i barely can imagine that you have to reach MC with 9 trades when you got 3k on ur acc. anyway CashBackForex is available 2 Pepperstone too...

Gordon Gekko: Lunch is for wimps.
acsinc
Nov 16 2011 at 23:17
20 posts
Hi Hubertus88... No overtrading here. Using .01 lot only. No other trades using up margin. Just FH only. I do have 400:1 instead of 500:1, so that does make some difference, but I can assure that $3k is not enough unless trading on micro acct.

I do get rebates thru Cashback with Pepperstone. That's why Plimus is next in line for me to use b/c of the rebates and they offer 500:1

Regards
Ryan

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