sPhantom Auto Trader (bei sPhantom)
| Gewinn : | +694.0% |
| Drawdown | 91.94% |
| Pips: | 1266.4 |
| Trades | 261 |
| Gewonnen: |
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| Verloren: |
|
| Typ: | Real |
| Hebel: | 1:400 |
| Trading: | Automatisiert |
sPhantom Auto Trader Diskussion
Jan 30, 2014 at 15:15
Speaking from an Elliott wave perspective (and in don't think EW fits well with forex market) we are now in a 3rd wave down, and will be very difficult that a 4th wave retracement will be able save us. But we'll see!!😕
Running only Expert advisors with good long term backtests and nice forward tests
Mitglied seit Dec 31, 2012
101 Posts
Jan 30, 2014 at 15:44
I bit the bullet and bailed out, I am not going to potentially risk my entire equity on one trade. The larger trend is effectively very bearish and even the Asian session retrace will probably not save it much. Tapering by the largest economy in the world does have resounding effects, and this EA made a trade right before that decision announcement (extremely bad in my opinion, especially considering that it was commonly agreed that the tapering will continue).
Losing half your stack is devastating, but it's not catastrophic. Here's to coming back to fight another day (with a lower risk), and good luck to the rest of you with the retrace!
Losing half your stack is devastating, but it's not catastrophic. Here's to coming back to fight another day (with a lower risk), and good luck to the rest of you with the retrace!
BLTW777@
Mitglied seit Dec 31, 2012
101 Posts
Jan 30, 2014 at 15:55
Good luck with the hedge, you will probably need to find a good entry point which is usually the key. I've also got two other smaller accounts and I am letting them ride, hoping this will somehow resolve itself.
BLTW777@
Mitglied seit Mar 08, 2011
11 Posts
Jan 30, 2014 at 16:00
Where is sphantom team? what's the plan now? big DD today....
Mitglied seit Sep 23, 2013
45 Posts
Jan 30, 2014 at 16:48
sad... I had DOUBLED my account in January for the first time, and this has brought it back down to where it was...
"Press On" has solved and will always solve, the problems of the Human Race
Jan 30, 2014 at 16:53
the worst batch in the history was -113pips for the trade 1 and -89pips for the trade 2, so a cumulative of -202pips.
currently its -122 and -91pips... so they break they record :)
strangely... my second trade has only -55pips not -91!!! so opened far lower than the official account one...
currently its -122 and -91pips... so they break they record :)
strangely... my second trade has only -55pips not -91!!! so opened far lower than the official account one...
Mitglied seit Sep 23, 2013
45 Posts
Jan 30, 2014 at 17:14
sPhantom posted:youngchang posted:
Hello sPhantom,
In your account history, Your EA did not trade for a week from 06/16, Why????
Did you stop it or EA did not trade by itself?
Regards. Young
Hi
There was no trade on that period. It was because of fundamental events.
Regards
sPhantom, I hope you're reading this, and I hope you go back to this policy...
"Press On" has solved and will always solve, the problems of the Human Race
Jan 30, 2014 at 17:16
Lucky you. You can modify strategy - open low risk orders, but after second order it keeps going dow, open more manual positions with same or even closer tp :) if sphantom is so lucky, and will hit tp every time, you'll only benefit from that 'addon' orders, or be safe earler :)
Mitglied seit Dec 28, 2013
22 Posts
Jan 30, 2014 at 17:18
UncleSteve posted:sPhantom posted:youngchang posted:
Hello sPhantom,
In your account history, Your EA did not trade for a week from 06/16, Why????
Did you stop it or EA did not trade by itself?
Regards. Young
Hi
There was no trade on that period. It was because of fundamental events.
Regards
sPhantom, I hope you're reading this, and I hope you go back to this policy...
LOL! A real eye opener for this young chang... ;)
Anyone was able to get in touch with Benton so far?
Jan 30, 2014 at 17:21
UncleSteve, what do you expect they will say? We are sorry and gona to compensate all traders? :)
They will repeat what has been said many times here - its up to you what level of risk you accept and setin your settings. There are no systems in the world with no failures
They will repeat what has been said many times here - its up to you what level of risk you accept and setin your settings. There are no systems in the world with no failures
Mitglied seit Sep 23, 2013
45 Posts
Jan 30, 2014 at 17:24
@pilotas - of course, and I'm not trading with scared money either. However, last weeks loss should have warned them not to trade news, and it didn't.
Especially as there was evidently a time when they were more careful.
Look at the curve of their chart, every now and then theres a big glitch; but you'd hope that each time they'd analyze what went wrong.
Especially as there was evidently a time when they were more careful.
Look at the curve of their chart, every now and then theres a big glitch; but you'd hope that each time they'd analyze what went wrong.
"Press On" has solved and will always solve, the problems of the Human Race
Jan 30, 2014 at 17:55
(bearbeitet Jan 30, 2014 at 17:57)
Agree, trading just before the FOMC was mad.
However its probably my fault - every single EA I buy tanks as soon as I buy it - I bought this one a couple of weeks ago - sorry about that!
I'm only on 10% risk - so not catastrophic.
However its probably my fault - every single EA I buy tanks as soon as I buy it - I bought this one a couple of weeks ago - sorry about that!
I'm only on 10% risk - so not catastrophic.
Jan 30, 2014 at 18:02
(bearbeitet Jan 30, 2014 at 18:06)
I do not believe into miracles. There are no such systems in reality with so quick and so big gain with no or small risk. You want less risk? Then you will get less gain or in longer time. But here is even worse. Potential 1, and only 1 loss is greater than all accumulated gain made before, so statisticaly in long run you will have slower or faster, depending on risk, saw style balance chart. And eventualy sooner or later it will end up with burned account. So the best tactics here is grab and run
