Forex Heist EA (By Forex Heist EA )
Gain : | +328.49% |
Drawdown | 47.03% |
Pips: | 1593.4 |
Trades | 99 |
Won: |
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Lost: |
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Type: | Real |
Leverage: | 1:400 |
Trading: | Automated |
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marco_mmbiz
Member Since Jul 20, 2019
372 posts
Jun 30 2020 at 11:37
dalutzi posted:
I'm not after you. But it's the truth. We just tell people the truth. There is no Risk or Money Management when Drawdown is so high. It's so easy in trading that the market turns against you. And with your default settings, 50% would be lost. You call this Money Management? Wow. I call it gambling. It's just gambling. A good trader never risks more than 3-5% per Trade. Because the market does what the market does. If the market goes against you, you will only loose 3-5%. With your EA it will be 50% or even more. Because we don't see any StopLoss, we have to trust you. But you don't answer questions
What do people expect here? It's a 51$ account. It's very hard to achieve a risk lower than 10% with such a small account, because there are no lot-sizes below 0.01lot available (usually a trader trades with 0.01lot/trade for every 1k$ of your account). So, you'll always get a higher DD at the very beginning of your trading. If you start with 51.000$ instead, and still using 0.01lot, you'd never have a DD of 47%.
Most of the systems here on Myfxbook who have a very low DD started with huge amounts of money, not with 51$ or 100$. Just saying. 😉
patience is the key
I wrote about my own account with 1000 € live and 3000 € Demo. DD always the same because LOT Sizes are bigger. But just try it for yourself and you will see. DD has nothing to do with account size, it depends on the LOT Sizes and they increase with bigger account.
marco_mmbiz posted:dalutzi posted:
I'm not after you. But it's the truth. We just tell people the truth. There is no Risk or Money Management when Drawdown is so high. It's so easy in trading that the market turns against you. And with your default settings, 50% would be lost. You call this Money Management? Wow. I call it gambling. It's just gambling. A good trader never risks more than 3-5% per Trade. Because the market does what the market does. If the market goes against you, you will only loose 3-5%. With your EA it will be 50% or even more. Because we don't see any StopLoss, we have to trust you. But you don't answer questions
What do people expect here? It's a 51$ account. It's very hard to achieve a risk lower than 10% with such a small account, because there are no lot-sizes below 0.01lot available (usually a trader trades with 0.01lot/trade for every 1k$ of your account). So, you'll always get a higher DD at the very beginning of your trading. If you start with 51.000$ instead, and still using 0.01lot, you'd never have a DD of 47%.
Most of the systems here on Myfxbook who have a very low DD started with huge amounts of money, not with 51$ or 100$. Just saying. 😉
Maximal Drawdown in FPA it was never accurate.
https://www.forexpeacearmy.com/forex-reviews/17637/forexheistea-trading-robots
marco_mmbiz
Member Since Jul 20, 2019
372 posts
Jun 30 2020 at 14:22
dalutzi posted:
I wrote about my own account with 1000 € live and 3000 € Demo. DD always the same because LOT Sizes are bigger. But just try it for yourself and you will see. DD has nothing to do with account size, it depends on the LOT Sizes and they increase with bigger account.
That's what I said... for a 1k account I'd just use 0.01lot if the max. account leverage is at 1:500. Just saying. If the EA is using higher lot-sizes I guess the original creator used a bigger account, or something is wrong with the programming. The original author should leave a comment about this here (and on FPA aswell).
patience is the key
Forex Heist EA
(fxheistea)
Member Since May 30, 2020
13 posts
Jun 30 2020 at 14:39
marco_mmbiz posted:dalutzi posted:
I wrote about my own account with 1000 € live and 3000 € Demo. DD always the same because LOT Sizes are bigger. But just try it for yourself and you will see. DD has nothing to do with account size, it depends on the LOT Sizes and they increase with bigger account.
That's what I said... for a 1k account I'd just use 0.01lot if the max. account leverage is at 1:500. Just saying. If the EA is using higher lot-sizes I guess the original creator used a bigger account, or something is wrong with the programming. The original author should leave a comment about this here (and on FPA aswell).
There is nothing wrong in Programming, in fact the EA has a built in Lot sizing and Risk management system. We always send a user manual and a guide as to how user can control Lot size, Max DD, and the number of Max Positions.
Most of the traders like to get the same % of profit in Master account. It is certainly achievable but it involves risk of DrawDown.
If you only cut the lot size to half in your account then you will get the DD of only 23% which is not too high.
Please always and always make sure that you read the user manual and set the Lot size wisely, don't take extra risk.
and if some one claims that they blew their account because master account has 47% DD then it is only possible if they set the lot size too high.
"Earn Money Like Never Before"
forexheistea posted:Afron posted:Zhuravkov posted:
a year will last, then you might think, but in the meantime, just luck.
Yes, it's a just luck when I see a small account with a grid strategy without SL.
05.15.2020 16:30 05.18.2020 12:16 EURUSD Sell 0.01 0.00000 0.00000 1.08401 1.08007 39.4 3.94
05.15.2020 15:50 05.18.2020 12:16 EURUSD Sell 0.01 0.00000 0.00000 1.08251 1.08010 24.1 2.41
05.15.2020 12:00 05.18.2020 12:16 EURUSD Sell 0.01 0.00000 0.00000 1.08105 1.08010 9.5 0.95
05.15.2020 08:00 05.18.2020 12:16 EURUSD Sell 0.01 0.00000 0.00000 1.08044 1.08011 3.3 0.33
05.15.2020 04:15 05.18.2020 12:15 EURUSD Sell 0.01 0.00000 0.00000 1.08037 1.08011 2.6 0.26
05.15.2020 00:30 05.18.2020 12:15 EURUSD Sell 0.01 0.00000 0.00000 1.08027 1.08011 1.6 0.16
05.14.2020 23:30 05.18.2020 12:15 EURUSD Sell 0.01 0.00000 0.00000 1.07984 1.08011 -2.7 -0.27
05.14.2020 17:00 05.18.2020 12:15 EURUSD Sell 0.01 0.00000 0.00000 1.07897 1.08011 -11.4 -1.14
05.14.2020 16:00 05.18.2020 12:15 EURUSD Sell 0.01 0.00000 0.00000 1.07882 1.08011 -12.9 -1.29
It calls Position building to harvest maximum profit out of small amount of Pips.
As we mentioned on our website, EA uses Hidden SL & TP to avoid any SL hunting of our customers, so please rest assured that their is always a SL behind every trade.
I suggest you try our EA and see it your self.
Even you could make some good Money.
I understand your feelings, once I was like you and when ever I saw an EA i always believed that it is going to blow. and back at that time i used to do only Manual Trading, and now when I know how to code EAs, I can see the power of automation.
I am not selling some thing which people can take and then it's theirs either it works or not.
I am selling a service that means i only get paid if the service is good. I believe in my EA because this strategy works best in real life as well.
if you want you can sign up for our service and see yourself if it really work or not.
I wish you well.
Forex Heist EA
None very Low DD and Hidden SL does not exist. Many have been deceived by such statements.
Forex Heist EA
(fxheistea)
Member Since May 30, 2020
13 posts
Jul 01 2020 at 11:54
"Earn Money Like Never Before"
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