Basically, I'm using pretty much the same settings as the official accounts (with the exception of weekend trades). The difference probably stems from the different price feed. Someone also pointed out the difference a while ago in a comment on my blog and I've even compared the trades - most of them are the same with a few exceptions, some trades that exist only in my account and some other trades that exist only in the official account; I guess my account was simply more lucky with these trades.
workonline2013 posted: this ea look good, but for 3% per month profit i dont know if worth to be bought! or if you want just to pay fmorena :)
If my risk setting was 5 times higher, it would've made some 15% per month with a drawdown that would've been below 10%. Sure, that doesn't mean much seeing that the forward test is rather young and higher drawdowns can (and likely will) be witnessed, but what I'm saying is that you should take everything into consideration.
Anyway, the current 3% per month average is likely the consequence of my setting the risk too low because I tend to be too conservative. I even increased it to 1.5 after the last update, as per the vendor's recommendation.
Finally, I'm not sure why you see 3% as low - without any compounding, it adds up to 36% per year. That's a pretty damn good return on investment if the max drawdown is below 10%. Sure, it won't make you a millionaire in the foreseeable future (unless you start with several hundred thousand in the account) but if you see any EA that promises to turn your 1k into 1mil in a few years, you're likely looking at a scam, but I digress so I will stop here.
Sure 3% a month is awesome. But its not GUARANTEED 3%. You're risking your money to get that that 3%.
In the same period aug - oct, the official account LOST 12%. Imagine if you put your 50k in there and the losses kept piling up like that. This is why I thought the difference with Birts account and the official account is so amazing.
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UPOZORNĚNÍ NA VYSOKÉ RIZIKO: Obchodování s devizami přináší vysokou úroveň rizika, které nemusí být vhodné pro všechny investory.
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