fhhamoud posted: yes I have bad experience, and almost all the martgrid EAs has this function, to stop after loosing specific % of the account. hope its full automatically and, there is no manual things. ok I am interested but after I see some cilents try it on their accounts :) good luck
Our system use SL for this, that is why you can't lose more then you specified, even if your EA or Metatrader is off.
Hello, if its martingle so its risky and one day ...... thank you
Looks like you have bad experience in past and you don't fully understand what exactly risky in martingale. The main problem of martingale systems is margin call, but in our EA margin call is impossible because of special drawdown system. We recommend to set 35% risk and you can't loose more than 35% of deposit. The main proof of reliability of our trading system is 20 month of live on real money account. At our live account we will lose 25% of deposit in the most worst situation and after that, system resets lots to initial value.
Can you please estimate and give probability of loosing 35 % of deposit 3 consecutive times ?
I can tell you from a statistical perspective. We have backtest from 2006 year (9 years without lost). Our live account 20 month of trading and there is also no loss. Loss sooner or later will certainly be (we don't believe in Holy Grail), but it will be not so big and profit is much more.
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