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I want only a safe 4% each month... Which EA?? Thank you
Členem od May 15, 2012
234 příspěvků
Jan 25, 2013 at 12:51
thank you forexpipcatcher. System is protected by amount of opened trades. And as you can see it worked out very well.
Členem od Jan 10, 2013
259 příspěvků
Jan 25, 2013 at 12:53
Everything works out very well until it doesnt lol thats the trick with trading. No one can bag anyones system until it blows the account as you already discovered several times over. But it looks nice so far... tell more about how it operates.
Členem od May 15, 2012
234 příspěvků
Jan 25, 2013 at 13:07
yep, I discovered that for true and lost a lot of money.
Anyway, its an Hedger, Grid&Martiangale system. Setting pipstep not too close
and martiangale will come in after 4th trade for even more security, you can watch
behaviour at my $FX history
Anyway, its an Hedger, Grid&Martiangale system. Setting pipstep not too close
and martiangale will come in after 4th trade for even more security, you can watch
behaviour at my $FX history
forex_trader_6135
Členem od Jan 25, 2010
66 příspěvků
Jan 27, 2013 at 16:32
Martingale for even more security - cool tits.
Členem od May 15, 2012
234 příspěvků
Jan 27, 2013 at 17:00
(Upravené Jan 27, 2013 at 17:18)
yep..... 😎
most martiangale systems will double lotsize with 2nd trade and this is deadly....
for more safty this one doubles lotsize after 4th trade..... just read it the right way
most martiangale systems will double lotsize with 2nd trade and this is deadly....
for more safty this one doubles lotsize after 4th trade..... just read it the right way
Členem od Sep 16, 2009
188 příspěvků
Jan 28, 2013 at 09:01
Hi ...
I'm using this martingale EA which works in 2 directions all the time. All the time a part of the orders is hedged. The EA produces a consistent daily profit of an average of 0.5% ... The draw down till now never exceeds 0.51% of total equity. The expected profit ifor current month s 15.85%.
I agree that the testing period is still short, capital is not considerably small, but DD and profit are giving very good records.
Here is the link to it ... http://www.myfxbook.com/members/oshaban/fx-ct-onemonthtest/472198
I'm using this martingale EA which works in 2 directions all the time. All the time a part of the orders is hedged. The EA produces a consistent daily profit of an average of 0.5% ... The draw down till now never exceeds 0.51% of total equity. The expected profit ifor current month s 15.85%.
I agree that the testing period is still short, capital is not considerably small, but DD and profit are giving very good records.
Here is the link to it ... http://www.myfxbook.com/members/oshaban/fx-ct-onemonthtest/472198
... oshaban ... skype: oshaban27 ...
Členem od Aug 03, 2012
291 příspěvků
Jan 28, 2013 at 10:28
i am using marti hedge system too....DD too big ... and wrong setting ( 3 currency pairs) and doubles lotsize after 2nd trade,thankyou dirk for you comment in here, i am new in forex market sometimes WD sometimes MC, but more MC, just luck to me, i can WD in another broker LOL
Členem od May 15, 2012
234 příspěvků
Jan 28, 2013 at 11:50
you are welcome moerwadi and always good trading
Členem od Jan 28, 2013
40 příspěvků
Jan 28, 2013 at 19:28
HI. I just joined myfxbook and its off course a nice place to be, I have never used robots, I never hedge my trades, I have been trading my simple system which will work forever,with tp:sl 2:1. I trend the trends and range with ranges, I will post two links of my worst performances here, follow it and see how it will keep moving on for months, its demo though, same as my live performance
http://www.myfxbook.com/members/ophili/omeh-philip/474296/Ma6DVKVWPnsjrRkOlkAt
http://www.myfxbook.com/members/ophili/omeh-philip/474313/nfuvFS6f4GayqJjql5q1
http://www.myfxbook.com/members/ophili/omeh-philip/474296/Ma6DVKVWPnsjrRkOlkAt
http://www.myfxbook.com/members/ophili/omeh-philip/474313/nfuvFS6f4GayqJjql5q1
love pips
Členem od Jan 10, 2013
259 příspěvků
Jan 28, 2013 at 19:37
ophili posted:
HI. I just joined myfxbook and its off course a nice place to be, I have never used robots, I never hedge my trades, I have been trading my simple system which will work forever,with tp:sl 2:1. I trend the trends and range with ranges, I will post two links of my worst performances here, follow it and see how it will keep moving on for months, its demo though, same as my live performance
http://www.myfxbook.com/members/ophili/omeh-philip/474296/Ma6DVKVWPnsjrRkOlkAt
http://www.myfxbook.com/members/ophili/omeh-philip/474313/nfuvFS6f4GayqJjql5q1
You never hedge but you're using martingale right? When youre account went into negative the next winning was huge => BIGGER LOTS placed there right? Which implies that you rely on martingale to make up for some loses?
The other thing is your sample space is too small but when you get more data why trade the currencies that are not in favour?
Členem od Jan 28, 2013
40 příspěvků
Jan 28, 2013 at 19:51
Thanks, No I have a consistent simple strategy, one for trends and other for ranges. And my TP:SL 2:1 or attimes 3:1, before the bigger lots, it was in a profit level, but I introduced the bigger lot because normally, that is the lot I am supposed to work with with that size of account, I measure my lot sizes. I work with measurement. I never changed lot size for the second account, but normally, I am supposed to use 2.5 lots for such account size, not 5 lots. but I am leaving it with 5 lot size because my trading system is profitable and safe. And for the currency choices, I have been trading it that way for long. I will maintain that account through out this year.
love pips
Členem od Jan 10, 2013
259 příspěvků
Jan 28, 2013 at 20:00
ophili posted:
Thanks, No I have a consistent simple strategy, one for trends and other for ranges. And my TP:SL 2:1 or attimes 3:1, before the bigger lots, it was in a profit level, but I introduced the bigger lot because normally, that is the lot I am supposed to work with with that size of account, I measure my lot sizes. I work with measurement. I never changed lot size for the second account, but normally, I am supposed to use 2.5 lots for such account size, not 5 lots. but I am leaving it with 5 lot size because my trading system is profitable and safe. And for the currency choices, I have been trading it that way for long. I will maintain that account through out this year.
So you have statements for a longer period of time that you have been trading it right?
Členem od Jan 28, 2013
40 příspěvků
Jan 28, 2013 at 20:45
But it get to a time where I compound. And increase the lots but with measurements
love pips
Členem od Jan 28, 2013
40 příspěvků
Jan 28, 2013 at 20:45
Yes. and I also intend on maintaining this one through out this year
love pips
Členem od May 15, 2012
234 příspěvků
Jan 29, 2013 at 06:24
(Upravené Jan 29, 2013 at 06:24)
it doesnt matter how its great if you reach 4% p. month.... again above 5, great...
Členem od Dec 09, 2012
2 příspěvků
Jan 29, 2013 at 06:39
Profile :
1. 2007 - now backtested
2. Over 2 years live account
3. Proof yourself
http://www.myfxbook.com/members/dyanmoney
1. 2007 - now backtested
2. Over 2 years live account
3. Proof yourself
http://www.myfxbook.com/members/dyanmoney
Členem od Jan 30, 2013
3 příspěvků
Jan 30, 2013 at 08:28
4% a month is achievable with proper MM and trading technique. Don't depends on EA.. start manual trading with small account. If a 4% consistently monthly EA can be bought, everyone is a millionaire in FX.
Členem od May 15, 2012
234 příspěvků
Jan 30, 2013 at 09:33
well, mine started May last year so I´m more than happy, thank you
Členem od Sep 05, 2011
5 příspěvků
Jan 30, 2013 at 10:41
maybe I didnt explain myself properly. I am actually looking for someone to trade accounts and achieve 4% a month with a low drawdoan and not take a high leverage position.
Členem od Jul 28, 2011
63 příspěvků
Jan 30, 2013 at 11:13
for a 4% monthly gain, how much drawdown should be considered safe?
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