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Posts by forex_trader_38708
sPhantom Auto Trader
in
Trading Systems
Jan 30, 2014 at 11:53
I said on this board 2 days ago, this EA has been lucky and will end in tears,It has pathetic risk/reward, Get on the live $1M autotrade or AXItrader account.
sPhantom Auto Trader
in
Trading Systems
Jan 27, 2014 at 18:03
you are only considered CLOSED trades,I am looking at open drawdownThis system has HAD trades open with over -100pips on numerous occasions.With a bit of luck the trades turned in their favour,Dont delude yourself, it will happen again!
sPhantom Auto Trader
in
Trading Systems
Jan 27, 2014 at 12:23
there was trades last year also, got to -122 pips.
sPhantom Auto Trader
in
Trading Systems
Jan 27, 2014 at 12:19
yes, but these trades got to -84 and -96! so where is the SL?What i am getting at is you need to allow for -250 X 2 just in case
sPhantom Auto Trader
in
Trading Systems
Jan 27, 2014 at 11:48
hi guys,I think this system has been lucky.It earns around 115 pips a month on average.In 18/11 was 2 trades open that had drawdown of -84 and -96, around -180 open floating drawdown.This was very lucky to recover to profit. It can go the other way real fast.My point is, sooner or later it will not return to positive and will happen a 500 pip loss. (-250pip Stop loss X 2)It will take out the gains for last 5 months.I think it has weak risk controls in place and will eventually catch up with it, just like a martingale system can go for years before crash.The autotrade systems of $1M live and Ax...
Forex Growth Bot
in
Trading Systems
Jun 09, 2011 at 15:51
this bot had a good run that saved it. The balance will be back to where it was mid feb.Drawdown Recovery period is too long.Bots come and go. This dogs had its day. Swing trading is too marginal to get house edge from the market,.Thankfully I have a good managed account at profxcapitalGoodbye
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