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.
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.
Although the short term trend is up, it's hitting a large resistance zone. Furthermore I see a head and shoulders pattern forming on the half hour. So chances are that it will move down a bit. But as always, trading is no prediction. Just probability. Hope this helps.
For any of you. Most trades tend to risk not more than 1% per trade and 10% of the total account. At most.
I see that the vendor doesn't update their account when in drawdown. What was peak drawdown on this round of trades for the followers? GRid endless is dangerously simple, but often get out of trouble most of the time.
FXdog posted: Hey everybody! Guys i have just purchased this EA and i would like to asure you this developer is a real person and friendly communicative! He at once has sent me a robot file pack after my payment confirmed and i want to say its not a Scam and a developer is NOT a scammer! I have installed this EA on Real CENT account and for now it runs the same as it runs here (on Myfxbook). How will it run in the future?...it remains to be seen😉! Profit to all of you!
RedRhinoFX posted: I see that the vendor doesn't update their account when in drawdown. What was peak drawdown on this round of trades for the followers? GRid endless is dangerously simple, but often get out of trouble most of the time.
he doesnt say what risk he is using but my estimation is 0.05 and he got around %25 DD yesterday..One more thing i noticed is the equity curve. it was showing yesterday and all of a sudden it disappeared while the positions were not closed..i dont know what it means
I've been running this ea on demo a while. I think it very risky without any known stop losses. That said, it had made 63% since October with 18% drawdown. The vendor is very responsive but I wouldn't risk this on live unless your are prepared to lose the whole balance.
Rank2017, your comment is not even worth dignifying with a response.
I love the way some people don't reads previous comments.
The EA DOES use a SL and TP but it is based on the indicators, not an hard limits that a broker can abuse.
You set the risk yourself so please stop talking like the EA is responsible for your choices.
I actually sit here and LAUGH when I read comments like this is a grid, I have been using it for months and it is not a grid. I got suckered into a EA when I was new and it was a grid, so I know how they work. Thank god I was smart enough that it never got a chance to loose my money.
Its amazing how a a little DD and everyone gets screaming 'back to the chalk board and reprogram the whole thing'.
I wonder how many of them are just trying to sabotage this EA? Sometimes when you try to improve it, you kill the magic.
WARNUNG VOR HOHEM RISIKO: Der Devisenhandel birgt ein hohes Risiko, das möglicherweise nicht für alle Anleger geeignet ist.
Der Einsatz von Leverage schafft zusätzliches Risiko und Verlustgefahr. Bevor Sie sich für den Devisenhandel entscheiden, sollten Sie Ihre Anlageziele, Ihr Erfahrungsniveau und Ihre Risikotoleranz sorgfältig prüfen.
Sie könnten Ihre ursprüngliche Investition teilweise oder ganz verlieren. Investieren Sie kein Geld, das Sie sich nicht leisten können, zu verlieren. Informieren Sie sich über die mit dem Devisenhandel verbundenen Risiken und lassen Sie sich von einem unabhängigen Finanz- oder Steuerberater beraten, wenn Sie Fragen haben.
Alle Daten und Informationen werden ausschließlich zu Informationszwecken bereitgestellt und sind nicht für Handelszwecke oder Beratung gedacht.
Die vergangene Performance ist kein Indikator für zukünftige Ergebnisse.