BlueMonkey Real Money Live Test == Started Oct 2014 토론

gorydan posted:
It is true that there is no logic on the fact that the various pairs are almost never traded simultaneously. Would it be in the code of bluemonkey to avoid trading all the pairs at the same time ? Or then would we be dependent on the opening of the first one trade from a server so that the robot begin to work ? as well suggested by @hokie .

I know that alex had guaranteed us, in the past, that the robot which we bought is totally independent, and it must be, for our safety. I would not let my money be managed from a server.

I ask for explanations to @bluemonkey to light us on this sudden lack of activity and for the future of this EA. We just pay for a licence, not to be client of a PAMM.

fxnew posted:
I don't like this system. 3 times high drawdown during 2-3 weeks.

wmoody posted:
Blue Monkey

I have had nothing but great success with your EA so far. Of course I have it set at a quarter of the risk as you and most others, but it's been working very well nonetheless. My question is, have you stopped the EA from trading or is it just detecting this as a bad time to trade. If you don't want to respond here I would appreciate an e-mail. Thanks.

fxtrader10 posted:

fxnew posted:
I don't like this system. 3 times high drawdown during 2-3 weeks.

I've had to buy used underwear from a charity shop due to the number of times this EA had me shitting myself. I advise against using this EA.

wmoody posted:
I count myself lucky. I got in right after, maybe during, the EURUSD fiasco last month. I started using it on the 15 of December. Since then according to how MYFXBOOK calculates drawdown, which does seem to be a little flawed, I would have gained 75.19% with a drawdown of 22.65% with default settings.

fxtrader10 posted:

wmoody posted:
I count myself lucky. I got in right after, maybe during, the EURUSD fiasco last month. I started using it on the 15 of December. Since then according to how MYFXBOOK calculates drawdown, which does seem to be a little flawed, I would have gained 75.19% with a drawdown of 22.65% with default settings.

You see, a good EA wouldn't depend on when you start running it or on luck.....I've a Chinese waving cat at my window for luck but it hasn't worked with me and this EA.

Personally I wouldn't use it again until Alex fixes the issue of drawdown and entry.

wmoody posted:

fxtrader10 posted:

wmoody posted:
I count myself lucky. I got in right after, maybe during, the EURUSD fiasco last month. I started using it on the 15 of December. Since then according to how MYFXBOOK calculates drawdown, which does seem to be a little flawed, I would have gained 75.19% with a drawdown of 22.65% with default settings.

You see, a good EA wouldn't depend on when you start running it or on luck.....I've a Chinese waving cat at my window for luck but it hasn't worked with me and this EA.

Personally I wouldn't use it again until Alex fixes the issue of drawdown and entry.

I'm not depending on luck. Maybe hoping a little. Hell if you don't think successful traders have at least a little luck involved with their trading you are crazy. I like the system and if you can manipulate it right with proper money management and a good stop loss percentage in place I believe it will work for a long time. In my case I can lose 12.5% here and there, but the returns will HOPEFULLY, and have so far, trump those inevitable losses. I could be totally wrong, but every system loses once in a while. It's how it recovers that makes the big difference.

fx5473br posted:
i think the problem is that the EA does not perform the same or at least similar with all brokers...
I'd like to setup more demo accounts so we are able to compare then...
I know this is not the best solution but at least it is something

Alex, i know there are a lot of good and bad comments but it will be nice if you clarify some points once in a while

bluemonkey posted:

fx5473br posted:
i think the problem is that the EA does not perform the same or at least similar with all brokers...
I'd like to setup more demo accounts so we are able to compare then...
I know this is not the best solution but at least it is something

Alex, i know there are a lot of good and bad comments but it will be nice if you clarify some points once in a while

sure,

we are waiting for our current trades to close to open a clean new account and run a brand new test with the latest update that's coming out.

please let me know if u have any questions.

A

fxtrader10 posted:

wmoody posted:

fxtrader10 posted:

wmoody posted:
I count myself lucky. I got in right after, maybe during, the EURUSD fiasco last month. I started using it on the 15 of December. Since then according to how MYFXBOOK calculates drawdown, which does seem to be a little flawed, I would have gained 75.19% with a drawdown of 22.65% with default settings.

You see, a good EA wouldn't depend on when you start running it or on luck.....I've a Chinese waving cat at my window for luck but it hasn't worked with me and this EA.

Personally I wouldn't use it again until Alex fixes the issue of drawdown and entry.

I'm not depending on luck. Maybe hoping a little. Hell if you don't think successful traders have at least a little luck involved with their trading you are crazy. I like the system and if you can manipulate it right with proper money management and a good stop loss percentage in place I believe it will work for a long time. In my case I can lose 12.5% here and there, but the returns will HOPEFULLY, and have so far, trump those inevitable losses. I could be totally wrong, but every system loses once in a while. It's how it recovers that makes the big difference.

A few questions for you if you don't mind.

What was your starting equity and when did you start the EA exactly?
What's your equity balance now?
Whats your current drawdown?
What's the risk settings you have in the EA? 12.5% stop loss?
What lot size did you set from the default of 0.20 per 10,000?

wmoody posted:

fxtrader10 posted:

wmoody posted:

fxtrader10 posted:

wmoody posted:
I count myself lucky. I got in right after, maybe during, the EURUSD fiasco last month. I started using it on the 15 of December. Since then according to how MYFXBOOK calculates drawdown, which does seem to be a little flawed, I would have gained 75.19% with a drawdown of 22.65% with default settings.

You see, a good EA wouldn't depend on when you start running it or on luck.....I've a Chinese waving cat at my window for luck but it hasn't worked with me and this EA.

Personally I wouldn't use it again until Alex fixes the issue of drawdown and entry.

I'm not depending on luck. Maybe hoping a little. Hell if you don't think successful traders have at least a little luck involved with their trading you are crazy. I like the system and if you can manipulate it right with proper money management and a good stop loss percentage in place I believe it will work for a long time. In my case I can lose 12.5% here and there, but the returns will HOPEFULLY, and have so far, trump those inevitable losses. I could be totally wrong, but every system loses once in a while. It's how it recovers that makes the big difference.

A few questions for you if you don't mind.

What was your starting equity and when did you start the EA exactly?
What's your equity balance now?
Whats your current drawdown?
What's the risk settings you have in the EA? 12.5% stop loss?
What lot size did you set from the default of 0.20 per 10,000?

I don't want to go into too much detail as what I am doing can be used for unscrupulous purposes and I don't want to ruin a good thing for everyone. I will go back to what a poster here, cannot remember his name, posted about a month back. Basically I have found a way to make the EA think that it risking 50% of my equity at all other default settings. When all is said and done I am getting a 25% of the profit that I would have made at those settings and am actually only risking 12.5 percent of my equity rather than the 50% that the EA thinks I am risking. I'm not doing anything illegal, immoral or dangerous. But could easily be turned that way in the wrong hands.

fxtrader10 posted:

wmoody posted:

fxtrader10 posted:

wmoody posted:

fxtrader10 posted:

wmoody posted:
I count myself lucky. I got in right after, maybe during, the EURUSD fiasco last month. I started using it on the 15 of December. Since then according to how MYFXBOOK calculates drawdown, which does seem to be a little flawed, I would have gained 75.19% with a drawdown of 22.65% with default settings.

You see, a good EA wouldn't depend on when you start running it or on luck.....I've a Chinese waving cat at my window for luck but it hasn't worked with me and this EA.

Personally I wouldn't use it again until Alex fixes the issue of drawdown and entry.

I'm not depending on luck. Maybe hoping a little. Hell if you don't think successful traders have at least a little luck involved with their trading you are crazy. I like the system and if you can manipulate it right with proper money management and a good stop loss percentage in place I believe it will work for a long time. In my case I can lose 12.5% here and there, but the returns will HOPEFULLY, and have so far, trump those inevitable losses. I could be totally wrong, but every system loses once in a while. It's how it recovers that makes the big difference.

A few questions for you if you don't mind.

What was your starting equity and when did you start the EA exactly?
What's your equity balance now?
Whats your current drawdown?
What's the risk settings you have in the EA? 12.5% stop loss?
What lot size did you set from the default of 0.20 per 10,000?

I don't want to go into too much detail as what I am doing can be used for unscrupulous purposes and I don't want to ruin a good thing for everyone. I will go back to what a poster here, cannot remember his name, posted about a month back. Basically I have found a way to make the EA think that it risking 50% of my equity at all other default settings. When all is said and done I am getting a 25% of the profit that I would have made at those settings and am actually only risking 12.5 percent of my equity rather than the 50% that the EA thinks I am risking. I'm not doing anything illegal, immoral or dangerous. But could easily be turned that way in the wrong hands.

That's about as helpful to me as a chocolate teapot.....

How can you make the EA think you're risking 50% when only risking 12.5%?

You must have changed the 0.20 to 0.05 or something like that............

bluemonkey posted:

fx5473br posted:
i think the problem is that the EA does not perform the same or at least similar with all brokers...
I'd like to setup more demo accounts so we are able to compare then...
I know this is not the best solution but at least it is something

Alex, i know there are a lot of good and bad comments but it will be nice if you clarify some points once in a while

sure,

we are waiting for our current trades to close to open a clean new account and run a brand new test with the latest update that's coming out.

please let me know if u have any questions.

A

wmoody posted:

bluemonkey posted:

fx5473br posted:
i think the problem is that the EA does not perform the same or at least similar with all brokers...
I'd like to setup more demo accounts so we are able to compare then...
I know this is not the best solution but at least it is something

Alex, i know there are a lot of good and bad comments but it will be nice if you clarify some points once in a while

sure,

we are waiting for our current trades to close to open a clean new account and run a brand new test with the latest update that's coming out.

please let me know if u have any questions.

A

This is a pretty frightening statement. I did not pay $300 to be part of your test group. Also if you are gonna start fresh anyway, why not just close the positions now?

raviluke posted:

fxtrader10 posted:

Davey posted:
After 3 emails to Alex and zero responses in a week (he used to be so fast to respond before I actually bought the EA) I tried and opened a short on EUR/USD but BM did not detect/manage it. So I guess we all have to sit around and wait while the BM Myfxbook account sinks to the 60% drawdown or breaks even before the rest of us can continue. Takes the piss really doesn't it? I'm sure if my account was massively drawdown BM would be opening positions every five minutes!

It really does take the piss! I've stopped running his EA - a complete fraud if you ask me. The strategy clearly isn't based on sound principles. It's prob an EA he got from the net somewhere and decided to sell on his website.

Anyway - I, like many others fell into the trap of buying this piece of shit.

I am in the same boat as you, not at all happy. Good thing I stopped running this EA a few months ago, after losing 30% twice. Once in September and then again in October.