Freaking magicians man this EA is amazing! EA really knows it will go down. I was so depressed it keeps going up. It went down in just this ECOFIN meeting event and it made a good sell while it was going down! HANDS DOWN TO THIS EA!
wingy posted: sPhantom. Because your system requires manual intervention for trade direction based on Economic factors. I find it hard to understand how you did a back test for 2012?
Please clarify how you arrived at the backtest results?
There are some economic calendar news which make us avoid trading. We have did the same for the back test but of course because of human intervention the back test can't be the exact result of the EA so I recommend to study our live results instead.
Adrian: You can still reduce your risk setting or close the trade by hands. You would still have impressive return with half the risk master account is running.
I'm not associated with sP but I've been running it for a few weeks and it's amazing for now. I do however use my own money management EA on the same account. For sP I'm not changing trade size but I do have a few safety features overlooking trading.
@mrkmrk , can you share with us the risk you are using ? I am using 30 like the master account here in myfx and my account leverage is 1:500. do u think this is safe enough ? or should I reduce the risk to 20 or 10 ?
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.