walteremslie posted:I dunno, blow 3 , 4 ,5 3500 account for 50k plus? Sounds pretty good to me! In fact im going to try similar thing on 1000 account with this
I'm looking https://www.myfxbook.com/members/vortextraderpro/vortex-trader-pro/1148041 and the results are fantastic.
Beyond how the EA works, the drowdown, the withdrawal, the pairs used etc etc I wanna ask you this Doug.
Your initial deposit was 3495 $. By the first trade you still open position of 3 and I repeat 3 lots !!!! THIS IS 'CREAZY'.
On a deposit of 3000 $ a medium position opened should be of 0,3 lot....I can consider a SL, if the market is in trend or not in oder to modify the trade's size.
So in a very positive day, with me having a high risk trading style I should risk 0,6-0,7 lot on an account of 3000 $.
In some part of the discussion I read that your STOP LOSS is about 110 pips.
Sorry but let me say that with this SL is ridiculous open your position ( 3 lots !!!!! ) I don't think that you are able to read the future !!!!
And now the most important question. I consider that your EA is true, your results are true, you have created THE TRADING SYSTEM...in conclusion buying your EA we will be richer !!!
Why you don't increase the trade's size now ?
You started with an equity of 3495 $ and a trade'size of 3 lots !! ---> Here ULTRA SUPER RISK
Now your equity is of 61.049 $ and the trade's size of 3 lots !!! ---> BASICALLY NO RISK
You have the formula for the richness and you don't exploit it ?!? Why ?? please let me understand because I really really don't understand your concept of RISK
Probably blew quite a few of those $3495 accounts before getting it right, just to be on the top of the results list at Myfxbook...
easy to determine that, and to stay on top, reduce risk now and its sorted...
Yeah you are basically saying something true but not so true as you think.
Yes it can happen that a broker fails (Alpari UK), can happen that you enter in a unpredicatable trade that bring you to lose some money ecc ecc......you are saying to REDUCE the RISK...and this is correct....but in the meantime you invest 3 lots on an account of 3000 $...even on an account of 10.000 $ it would be to risky !!
...and now you tell me to dunno blow......ok this is correct....but I consider your graph (we can admit that you open 3, 4, 5, 3500 accounts but the points don't change.
YOU HAVE THE SYSTEM THAT WIN, so why do you use fixed lots ??
Consider that I'm not saying this:
3 lots : 3.000 $ = 41 lots : 41.000 $...................for example now you should invest 6 lots....in nay case your EA wins....so if you increase the trade size...you gain more money....and if you want you can open more accounts.
I see a 'good' system that is not used in its potential.
Sorry but you have not given me a satisfactory response