Instaforex Discussion

Hi,

Nice looking system. Just wondering what the FMT scalper is?

Forex Morning Trade i think ? non ?

You use the set find on https://www.jtatoday.info/forum/ or make custom setting ?

Hi,

Thanks. Yes, it's Forex Morning Trade. After a rocky start I changed the parameters a bit and haven't lost a trade since (famous last words...).

@lowyoda you mean the sets for Blessing? Yes, they are all on the J Talon forum. It's mix of aggressive and 'conservative' settings.

b.

what setting are you using?

You can find all the settings on the J Talon forum. The only changes I made was adjust PortionPC.

b.

what was the PortionPC Change you made?

I've just set PortionPC on each pair to 10%

your lot size 0.01 but your profit/loss is not 0,10 cent. ıt is 0,01 cent. it seems nano account but lot size shows micro account. can you please explain this

Well, it's an Instaforex Insta.Standard account but since my deposit was less than 1000 USD I'm trading with their 'Mini Forex' rules:

https://instaforex.com/account_types.php

<quote>
Insta.Standard Trading Accounts

These types of accounts are relevant for standard trading terms on Forex market, and work without a fee. Once the trader accesses all trading tools, he pays a fixed spread, when settling each deal.

Insta.Standard accounts work for all types of traders and allows a deal to be settled with a classical spread and no fee. The main advantage of this type of account is its universality, as at any time a trader can change the trading leverage and work with any deposit rate convenient for him. The capabilities of the account allow trading with Micro Forex (minimum deposit 1-10 USD), Mini Forex (minimum deposit 100 USD), and Standard Forex (minimum deposit 1000 USD).
</quote>

is it possible try it with demo account

I have no idea about that. Perhaps you can contact support and ask for a demo account with the same conditions...

What's happen on your account ????

why do you get so much drawdown ?

Well, I screwed up...

Around mid December FMT started making bad trades. That's when the first losses came. I stopped trading FMT for a while.
I didn't trade Blessing during the holidays and there were a few open baskets I left running until they closed. Two of those I closed manually for a small loss.
Then I increased lot size in Blessing and had 3 consecutive EP hits. Ouch... That's when I withdrew about half my money.
This last drop was me being just plain stupid taking enormous risk testing Forex Growth Bot.

Anyway, I realize now that I had a very lucky run with Blessing and that I was relying too much on the profits made by FMT.
I need to rethink my strategy for Blessing. I need a much larger account to run Blessing safely with my set files. I'm also wondering about using microgrid set files on a small account. I might test that next.

Good luck with your account.

b.

if you use forexhacked , you need deposit more than 1000
Be careful.