Discussion Inertia Trader

babyjake1961 posted:

robotchallenge posted:

babyjake1961 posted:
While the remaining 3 closed in hefty profit.

That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.

Have you backtested the EA? Further, one can set any lot size they like.

robotchallenge posted:

babyjake1961 posted:

robotchallenge posted:

babyjake1961 posted:
While the remaining 3 closed in hefty profit.

That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.

Have you backtested the EA? Further, one can set any lot size they like.

I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.

aeronthomas posted:

robotchallenge posted:

babyjake1961 posted:

robotchallenge posted:

babyjake1961 posted:
While the remaining 3 closed in hefty profit.

That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.

Have you backtested the EA? Further, one can set any lot size they like.

I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.

so is the default maximum risk around 10% per trade, and with upto 6 trades possible it's maximum drawdown 60%, so to set maximum risk at 30% drawdown, you would just manually change the lot size to half the default lot size the EA suggests for your account size? I couldn't see under settings anywhere to set a risk per trade, for the EA to then automatically determine the lot size based on this. So as the account balance grows you would have to manually adjust the lot sizing? thanks.

SleepingFX posted:
anyone like me still have 2 open trades? I just closed one in profit.

robotchallenge posted:

babyjake1961 posted:

robotchallenge posted:

babyjake1961 posted:
While the remaining 3 closed in hefty profit.

That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.

Have you backtested the EA? Further, one can set any lot size they like.

I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.

aeronthomas posted:

robotchallenge posted:

babyjake1961 posted:

robotchallenge posted:

babyjake1961 posted:
While the remaining 3 closed in hefty profit.

That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.

Have you backtested the EA? Further, one can set any lot size they like.

I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.

so is the default maximum risk around 10% per trade, and with upto 6 trades possible it's maximum drawdown 60%, so to set maximum risk at 30% drawdown, you would just manually change the lot size to half the default lot size the EA suggests for your account size? I couldn't see under settings anywhere to set a risk per trade, for the EA to then automatically determine the lot size based on this. So as the account balance grows you would have to manually adjust the lot sizing? thanks.

babyjake1961 posted:

SleepingFX posted:
anyone like me still have 2 open trades? I just closed one in profit.

What broker are you with?

SleepingFX posted:
Hi, the last 2 trades closed in loss for me. Does anyone have new open trades like this account after NFP yesterday? I got none.

robotchallenge posted:

aeronthomas posted:

robotchallenge posted:

babyjake1961 posted:

robotchallenge posted:

babyjake1961 posted:
While the remaining 3 closed in hefty profit.

That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.

Have you backtested the EA? Further, one can set any lot size they like.

I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.

so is the default maximum risk around 10% per trade, and with upto 6 trades possible it's maximum drawdown 60%, so to set maximum risk at 30% drawdown, you would just manually change the lot size to half the default lot size the EA suggests for your account size? I couldn't see under settings anywhere to set a risk per trade, for the EA to then automatically determine the lot size based on this. So as the account balance grows you would have to manually adjust the lot sizing? thanks.

I have mine set at 5% or half of default. I am assuming that 60% DD is achievable if the EA misses a few in a row, just add it up and assume the worse case scenario. And I am not really calculating 60% DD based on just missing 6 trades in one basket, I am more worried about a few baskets in a row, which will happen, and when it does, how will that look? Why the vendors account seems to have such large changes in lot size is a mystery to me since mine are adjusting smoothly with equity.

SleepingFX posted:

babyjake1961 posted:

SleepingFX posted:
anyone like me still have 2 open trades? I just closed one in profit.

What broker are you with?

Forts, (Previous: TradeFort)

babyjake1961 posted:

robotchallenge posted:

aeronthomas posted:

robotchallenge posted:

babyjake1961 posted:

robotchallenge posted:

babyjake1961 posted:
While the remaining 3 closed in hefty profit.

That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.

Have you backtested the EA? Further, one can set any lot size they like.

I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.

so is the default maximum risk around 10% per trade, and with upto 6 trades possible it's maximum drawdown 60%, so to set maximum risk at 30% drawdown, you would just manually change the lot size to half the default lot size the EA suggests for your account size? I couldn't see under settings anywhere to set a risk per trade, for the EA to then automatically determine the lot size based on this. So as the account balance grows you would have to manually adjust the lot sizing? thanks.

I have mine set at 5% or half of default. I am assuming that 60% DD is achievable if the EA misses a few in a row, just add it up and assume the worse case scenario. And I am not really calculating 60% DD based on just missing 6 trades in one basket, I am more worried about a few baskets in a row, which will happen, and when it does, how will that look? Why the vendors account seems to have such large changes in lot size is a mystery to me since mine are adjusting smoothly with equity.

Risk preferences are a highly individual matter. We are confident about our product and trade our risk capital, so we don't mind bigger drawdowns. Quite a few EA customers like "going all in" for short-term superprofits while others trade what they can't afford to lose. As we don't know who's who, we let them pick their risk levels on their own.

aeronthomas posted:

babyjake1961 posted:

robotchallenge posted:

aeronthomas posted:

robotchallenge posted:

babyjake1961 posted:

robotchallenge posted:

babyjake1961 posted:
While the remaining 3 closed in hefty profit.

That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.

Have you backtested the EA? Further, one can set any lot size they like.

I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.

so is the default maximum risk around 10% per trade, and with upto 6 trades possible it's maximum drawdown 60%, so to set maximum risk at 30% drawdown, you would just manually change the lot size to half the default lot size the EA suggests for your account size? I couldn't see under settings anywhere to set a risk per trade, for the EA to then automatically determine the lot size based on this. So as the account balance grows you would have to manually adjust the lot sizing? thanks.

I have mine set at 5% or half of default. I am assuming that 60% DD is achievable if the EA misses a few in a row, just add it up and assume the worse case scenario. And I am not really calculating 60% DD based on just missing 6 trades in one basket, I am more worried about a few baskets in a row, which will happen, and when it does, how will that look? Why the vendors account seems to have such large changes in lot size is a mystery to me since mine are adjusting smoothly with equity.

Risk preferences are a highly individual matter. We are confident about our product and trade our risk capital, so we don't mind bigger drawdowns. Quite a few EA customers like "going all in" for short-term superprofits while others trade what they can't afford to lose. As we don't know who's who, we let them pick their risk levels on their own.

It would be very useful to have a max risk per trade setting in % terms so the EA could calculate the lot size for each trade based on the hard SL. Most EAs offer a feature like this. Would save a lot of time, customers really shouldn't have to run back tests to determine lot sizing...

babyjake1961 posted:

SleepingFX posted:
Hi, the last 2 trades closed in loss for me. Does anyone have new open trades like this account after NFP yesterday? I got none.

Does your broker have a name?

SleepingFX posted:

babyjake1961 posted:

SleepingFX posted:
Hi, the last 2 trades closed in loss for me. Does anyone have new open trades like this account after NFP yesterday? I got none.

Does your broker have a name?

https://www.fortfs.com/
Fort Financial Services

VMAZZETTO posted:
Please I receive a email informing about the value of 147 usd but i checked in the site the value was 347 usd

Is not 147usd ?