I noticed that 3 trades still opened since Jan and all went beyond 400 pips negative, how do you define a good risk? 😇 If there is enuf balance anybody can buy an EA that performs average and hold till it turns. In this case master acct is 100k and open trade is total of 2.25. If this is a trade copy service a subscribe will be locked into subscription in order not to lose $$$ by killing trades and trying to stay afloat despite being low dd to master acct. DD=3032pips assume lowest lot size of 0.01 for 11 opened positions thats abt $300 dd. The margin used would be abt $200-250 (for 1lot)*11 *0.01==>$22-$25 based on leverage of 500
Assume its a 1k acct, mt4 should report, eg Balance=1k, equity=$700, margin used=$22, margin level=3181.81%. It wont encounter margin call or stop out. But I am sure confused how its a trading system/strategy that kept trades opened since Jan (and its now May 2016) defined as low risks? Base on margin level its low risk, base on trader's definition of how risks have been managed vs gains/potential losses I will rate this as below average. If assume I have invested this $300 into another signal I could have gain more than what I am forced to hold onto
Sorry that I sounded sarcastic and negative. This is just my personal thoughts. If trader claims that he is author of the EA, yet your investigation shows that this EA sold in MQL lis the same as traded by trader, its high time to reexamine your high gate 😂
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