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Michigander''s Feed

FoxForex
yongp Mar 26 2014 at 07:43
Hello Michigander.How do you think about Profit Empire Robot?Does it dangerous?It doesn't have stoploss and looks like some kind of grid.I'm afraid it will blow my account someday
FXWorkz
Silverthorn Jan 05 2014 at 07:59
Love your style!! I've come across you a number of times in various threads and your subtle a a sledge hammer approach is truly appreciated. To date I only trade Manually but want to develop a portfolio of automated systems to diversify and develop some passive income when away from the desk. I'm sure I'll be learning a great deal from you in the coming days and weeks.

Cheers,
Mark
Ken Grakauskas
Michigander Jan 05 2014 at 14:00
Hey silverthorn, you sweet talking me?? LOL. Subtle as a sledge hammer eh? That's what it takes to get through to some dumb mutts. Life ain't fair. Forex especially ain't fair. Yet so many of these young skulls full of mush want guarantees. If you like me style, give me a voucher, eh? Good skill to you in 2014!
FXWorkz
Silverthorn Jan 06 2014 at 07:44
Would if I could but can't so I won't. Need 3 Vouches to be able to vouch for somebody else!! :)
FXWorkz
Silverthorn Mar 21 2014 at 10:18
Can now so I did!!! Cheers Ken.!!
peterh204 Nov 13 2013 at 14:59
I have same Ultra account and I have huge draw down but yours just have a little as of today. I am not sure why? My live Ultra account just have a margin call yesterday and turn my initial investment of $1600 to just $300 left. The problem was on EURJPY pair and my fund is too small I admitted. I also have a demo account of $10K and I am not sure what are the differences between my settings and yours because my demo account does not make the same return as yours. All my FE Ultra-account is set to # 8 ultra with risk only 0.25. I have set the FATP to true now. You said you have your own exist strategy and I check your trading history, I see sometimes you would take a small loss when trend against your positions like GBPUSD. Is that part of the exit strategy? I am not sure what I did wrong? I have a news server set to default which is true and follow Envy team suggestion, so it won't trade the news either. Actually this is the 2nd time I got margin call on Ultra in live accounts and its frustrated to have that. I've been using Ultra for 2 months. Thank you very much for your advice. I appreciate it.
sirius1fx
sirius1fx Aug 23 2013 at 20:17
And by the way all your systems look like garbage, you freak!
sirius1fx
sirius1fx Aug 23 2013 at 20:13
i dont know who you are or who your confusing me with but you got your shit all twisted, go troll someone else you freak!
myfxManager
book1yahoo Dec 31 2012 at 13:12
Hi Ken, your trading performance is good. Are you interested to become our money manager? We're able to find investors for you. Let us know. Thanks.
Ken Grakauskas
Michigander Dec 31 2012 at 15:17
Before I spend any time considering this, please pull together and document in detail what you are offering and expecting, as well as any and all pertinent details, and email me at privately at kengrakauskas@swissmail.org. I expect names, countries of origins, etc so I can consider your legitimacy.
pierrepelletier1 Nov 17 2012 at 13:58
Can you tell us more about the way you run Toms EA Long Only & Short Only? How do you set it up? Do you make any manual intervention? Thanks for sharing your experience which looks very good.
Ken Grakauskas
Michigander Nov 19 2012 at 00:48
Pierre, I’ve been bitten in the ass twice in 6 months trading Dustin’s settings that they specifically provided to me based on my portfolio size and leverage. Someone I correspond with (thanks Stephen) suggested I trade pairs in different directions that were not really correlated. The problem with Toms EA is that so many of the pairs they trade are correlated, and trading them in the same directions magnifies the gains, but really magnifies the losses. I am pleased with the results so far. There have been no interventions by me. That defeats the purpose of the tests, in my opinion. I don’t have the time to babysit these things. I am trading Toms version 1.92. They have a newer one out that adds a bunch of settings, but I think it is still a rattlesnake if you trade it bi-directionally with all their pairs. I am trading the EURUSD long, EURCAD short, USDCAD long, AUDCAD long, AUDJPY short, CADJPY long. I am running on their risk level 2. Doing a custom analysis on Toms WPFX live account shows their account doing 2.54% per month since 7/15/12 while mine has done 6% per month over the same time frame. If you do a custom analyses and examine by each pair, you will see Toms gains, as always are in two pair only, The EURUSD and GBPUSD. All 6 of my pair have a reasonable profit grouping so I am not so damn dependent on one or two pairs like Toms defaults always seems to be.
pierrepelletier1 Nov 19 2012 at 02:48
Michigander, thanks for your quick answer. I agree with you. Dustin's recommended settings are way too risky. I like very much your approach. I have a few more questions: 1) You use 2 JPY pairs. Don't you think that JPY pairs are too risky as the Bank of Japan intervenes occasionnaly which makes sudden big moves on any JPY pairs. 2) How did you determine the direction you trade for each of the 6 pairs? How do you determine you need to change direction? 3) I look at your history statement. As you indicated you make no interventions. However, on November 15, many trades have been closed at lost. It seems they have been closed manually. What happenned? It seems that you decided to change direction for some pairs on that day. Thanks.
Ken Grakauskas
Michigander Nov 19 2012 at 23:03
Pierre, what you are seeing is what happens when one shoots himself in the foot! I have 14 demo and real accounts that I trade. A couple weeks ago I migrated them all onto a dedicated trading computer installed in my server rack at the office. When I moved Toms over, I forgot to manually set the directions to the appropriate shorts and longs only. When I discovered it a couple weeks later, I immediately closed the wrong direction trades. Fortunately, the past couple weeks has been pretty quiet, so I don’t think there’s much harm done. It really is hands off, assuming you configure it correctly out of the gate.

I’m not smart enough to know if the Yen is too risky or not. The EURUSD is risky The GBPUSD is risky, then yen is risky, hell, everything is risky when you grid/martingale them. That’s why I’m trading it on a demo. I have been solidly burned so many times that I like proofing on the demo first. If it is too risky I’ll see it here. I hope.