Drawdown is very low if you look at howmany pips in total are in negative. Also EuroStar was not gone because of the strategy, but by a mistake from my side which has been solved already by hiring staff to double my settings in case I forgot something again.
EuroStar would have recovered normally at Oct 6 2014 22:00 and closed in profit.
Regarding GoldStar, nothing to worry, so please leave your fear with yourself, thank you.
RedRhino posted: how many positions are opened during the Grid and what is the Stopout % of the basket when you are wrong with the direction?
Please PM me if you don't want to make it public.
Sorry, I hardly check here.
During the grid 1 up to 15 trades max.
If things go south, it will open a second grid at different position which will be order number 16 to max 30, for a total of 30 orders. If things still are going south, I will deal with it myself manually by countertrading, on multiple short trades to eventually go for minor loss or breakeven, and if possible for a small profit ofcourse.
There is no stopout, as the lotsizes are waaaaaay too small to get into dangerous markets. As shown you can see there is a max of 25% drawdown caused by VPS downtime, so I'm positive it's not needed, nor for myself or my clients.
from 2 Oct 2014, one pip [email protected] 1 lot. before that, one pip=$10 @1 lot. I think it is something wrong here. I attached one example from your trading record, the correct profit should be $42.7 rather than $4.27 for 432.0 pips @0.01 lot size.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.