Toms Automated EA Discussion

Uh oh!

the vendors account is in dd too, - https://www.myfxbook.com/members/TomsEaWPFXlive/tomsea-wpfx-live/151409

and by looking at how many times it sinks into dd before recovering, its common.

I'd agree with the Uh oh! Trouble with trading correlating pairs on high risk, but I am going to leave this untouched as the last time I played with it and manually closed pairs out I made a lost only to see a reversal two weeks later.

I've discovered the true essence of trading this bot is to have both enough margin and enough leverage to ride these price consolidations out.

I am happy to play the wait and see game - stay tuned!

Looking good again. Did you make any changes after the big DD? The equity curve looks a little less aggressive now.

   robotchallenge posted:
   Looking good again. Did you make any changes after the big DD? The equity curve looks a little less aggressive now.

Certainly - I got out of USDJPY - it was what caused the massive DD - closed out and lost a lot of profit, whilst keeping the account profit positive.

I have now reduced to four pairs at RL1 - I've decided to treat this account as an auto savings plan - basically set it and forget it. I just keep an eye out for any pair that goes haywire from time to time, but at those risk levels I should not need to manually intervene again.

Hello,
I see that you are only trading the GU now. Did you decide to drop the other pairs? What is the RL?

Getting a 3-4% per month but being able to sleep well at night is a good strategy...

He switched to Forex Hacked. Hope it doesn't hack up the account.

ottawatrader posted:
Hello,
I see that you are only trading the GU now. Did you decide to drop the other pairs? What is the RL?

Getting a 3-4% per month but being able to sleep well at night is a good strategy...

I love it when someone answers my questions for me...

I have deactivated Tom's EA for the time being and am just running Forex Hacked on GU as I am closing this broker account, transferring the funds to a different broker and starting again. I am doing this more out of protest towards Dustin Pass and his crew of cronies - see the tumbleweeds blowing down the road here?!?! Notice the cobwebs?!?!

I've got a bone to pick with anyone that is in this business of forex to take others money and then not deliver proper support or responses to their customers. I for one will never buy or use anything from DP and his crew again, and I will be advising anyone I know now and in the future to avoid them like the plague.

I will continue to run Tom's EA in a low risk manner, and will probably stick to EU and EJ as I have seen reasonable results from these pairs in the past.