LION FX TRADER (bei lionfxtrader)
| Gewinn : | +1051.44% |
| Drawdown | 38.78% |
| Pips: | 2485.6 |
| Trades | 868 |
| Gewonnen: |
|
| Verloren: |
|
| Typ: | Real |
| Hebel: | 1:500 |
| Trading: | Automatisiert |
LION FX TRADER Diskussion
Mitglied seit Nov 18, 2015
247 Posts
Jan 12, 2017 at 09:43
i installed this yesterday on a real account and today i have 8 open trades with %31 DD. Risk was set to 0.1. Very bad start..Hope not to blow the account
Mitglied seit Dec 04, 2010
1557 Posts
Jan 12, 2017 at 10:06
successwill posted:I would recommend installing equity sentry or similar Equity protection EA to protect the account, unless you just running a cent account like the vendor in which case doesn't matter if account blows... cheers
i installed this yesterday on a real account and today i have 8 open trades with %31 DD. Risk was set to 0.1. Very bad start..Hope not to blow the account
Mitglied seit Feb 11, 2016
7 Posts
Jan 12, 2017 at 11:40
I started out last week again with this EA, after some experimenting last year I set my risk to 1% instead of 10%, which is much more common and will protect your account to some degree. Equity protectors cannot be installed on vps servers from mql5.
Small gains are always better than large losses.
Mitglied seit Nov 18, 2015
247 Posts
Jan 12, 2017 at 14:30
Now i have 10 open positions and max DD is %48. Current equity is %85. maybe i should close all manually?
Mitglied seit Nov 18, 2015
247 Posts
Jan 12, 2017 at 14:32
TRADEFX2016 posted:successwill posted:
i installed this yesterday on a real account and today i have 8 open trades with %31 DD. Risk was set to 0.1. Very bad start..Hope not to blow the account
did you really thought some body is selling you golden goose EA?
nope..i am a skeptical person..its been nearly a year since i bought this EA and now i decided to test on real account..but my bad luck still follows me
Mitglied seit Feb 11, 2016
7 Posts
Jan 12, 2017 at 15:51
If you already have got this EA for over a year now, surely you must have seen large drawdowns already and it would be no surprise to you to see that it opens a new counter trend trade every 9 pips if getting into troubles. That's why I set the max risk per trade to 1% instead of 10%. Still a lot of money when you have 7k on your account, instead of 100 dollars.
Small gains are always better than large losses.
Mitglied seit Feb 22, 2011
4862 Posts
Jan 12, 2017 at 15:52
successwill posted:TRADEFX2016 posted:successwill posted:
i installed this yesterday on a real account and today i have 8 open trades with %31 DD. Risk was set to 0.1. Very bad start..Hope not to blow the account
did you really thought some body is selling you golden goose EA?
nope..i am a skeptical person..its been nearly a year since i bought this EA and now i decided to test on real account..but my bad luck still follows me
Dont buy anything Russian
Dont follow any Russian
Dont do any business related to anyone using Russian broker.
Sounds too tough? Well otherwise it is very painful :)
Mitglied seit Nov 18, 2015
247 Posts
Jan 12, 2017 at 16:16
i am planning to hedge to save the account..i will wait and watch for some time.. Ideas needed about EURUSD behaviour.. do you think it will keep going up? USD losing against nearly all currencies in the world
Jan 12, 2017 at 17:07
(bearbeitet Jan 12, 2017 at 17:08)
Well, take it easy, do not go into hedging because likely you will increase the damage.
You have two options. Or you keep it running or you close. Frankly if your DD is close to 50 I would keep it. The damage is done anyway.
The point I want to make is that if one decides to play grids it must accept that this will happen. Because it always happens. I am not saying it is a bad strategy ( well it is) but once it is taken I suggest you to keep it to the end. Grids as well as martingales are based on large DD expecting that the price will come back.
I suggest you to be coherent with the system you have chosen but hey, it is your money.
BTW I am on it as well, in my case however I a running it at 20% risk, therefore I got a 10% DD. I do not like it but well I can live with it. My humble recommendation is that when using grids try to adjust the risk to the minimum.
Good luck
You have two options. Or you keep it running or you close. Frankly if your DD is close to 50 I would keep it. The damage is done anyway.
The point I want to make is that if one decides to play grids it must accept that this will happen. Because it always happens. I am not saying it is a bad strategy ( well it is) but once it is taken I suggest you to keep it to the end. Grids as well as martingales are based on large DD expecting that the price will come back.
I suggest you to be coherent with the system you have chosen but hey, it is your money.
BTW I am on it as well, in my case however I a running it at 20% risk, therefore I got a 10% DD. I do not like it but well I can live with it. My humble recommendation is that when using grids try to adjust the risk to the minimum.
Good luck
Mitglied seit Nov 18, 2015
247 Posts
Jan 12, 2017 at 17:37
Well i closed all with %25 loss.. A bearable loss...
Mitglied seit Feb 22, 2016
102 Posts
Jan 12, 2017 at 18:28
fxglobaltrader posted:
Really super adviser! thanks for your work Alex
Thanks. Though somebody is grateful for work🙄
Mitglied seit Feb 22, 2016
102 Posts
Jan 12, 2017 at 18:30
togr posted:successwill posted:TRADEFX2016 posted:successwill posted:
i installed this yesterday on a real account and today i have 8 open trades with %31 DD. Risk was set to 0.1. Very bad start..Hope not to blow the account
did you really thought some body is selling you golden goose EA?
nope..i am a skeptical person..its been nearly a year since i bought this EA and now i decided to test on real account..but my bad luck still follows me
Dont buy anything Russian
Dont follow any Russian
Dont do any business related to anyone using Russian broker.
Sounds too tough? Well otherwise it is very painful :)
Interestingly. But I not Russian. I didn't know that it is the Russian broker. I opened the account in English but not in Russian
Mitglied seit Feb 22, 2016
102 Posts
Jan 12, 2017 at 18:36
Every time. When there is any DD panic and a damnation in my address... the adviser earned Gain: +1242.03%. It can't work without DD.
Put money in bank under 5% a year. But even the bank won't give a guarantee that it to you will earn eternally.
I don't hide trade history. It is on the website. Trade for 1 year on the real account. backtesting, the Analysis on history where all transactions are open.
How many after that it is necessary to offend me? If you don't want to see DD, then be not engaged in Forex
Put money in bank under 5% a year. But even the bank won't give a guarantee that it to you will earn eternally.
I don't hide trade history. It is on the website. Trade for 1 year on the real account. backtesting, the Analysis on history where all transactions are open.
How many after that it is necessary to offend me? If you don't want to see DD, then be not engaged in Forex
Mitglied seit Nov 18, 2015
247 Posts
Jan 12, 2017 at 19:43
Pablo51 posted:
SO Finally it closed quite fine.
What was your risk set to? 0.02?
Mitglied seit Nov 18, 2015
247 Posts
Jan 12, 2017 at 19:47
seems safe but what about profitability? what is your monthly growth with that?
Jan 12, 2017 at 19:55
successwill posted:
seems safe but what about profitability? what is your monthly growth with that?
Well I never put all eggs in one basket.I prefer to have different strategies working in one account and have several accounts all running at a small risk. I do not mind if a strategy gives me 2% per month if I have others working on the same equity. At the end you diversify your risk with multiple strategies using a small portion of your equity. And believe me you avoid stupid DDs.
At the end if I get 5% per month on my total capital I believe I am very fortunate.
Regards.
Jan 12, 2017 at 20:44
That's absolutely true.
Though it was my first day on a real account with this EA, so it gave me a bit of heat immediately.
Though it was my first day on a real account with this EA, so it gave me a bit of heat immediately.
Pablo51 posted:successwill posted:
seems safe but what about profitability? what is your monthly growth with that?
Well I never put all eggs in one basket.I prefer to have different strategies working in one account and have several accounts all running at a small risk. I do not mind if a strategy gives me 2% per month if I have others working on the same equity. At the end you diversify your risk with multiple strategies using a small portion of your equity. And believe me you avoid stupid DDs.
At the end if I get 5% per month on my total capital I believe I am very fortunate.
Regards.
