One of the famous traders here, GDow nicname, said once: 'The market is one of the most unstable things. Either you change with him, or stand aside.' I wish you to be a successful trader like him.
I believe you will manage your temporary loses. You are so stable tader and you have a prospective system, I suppose. Working with EAs needs a time to udoptation for market behaviour, so sometimes losses happen.
JamesChiaFx posted: if this is M1 with martin style this is good, just too risk for spike for M1 martingale.
Yes spike can cause big loss if we use standard method to place layer. After observation I change it & used different rule which is base on price to cross MA line to put layer. I still working for another improvement especially exit rule based on profit count & entry method.
I love no hold loss style martingale and stable drawdown, keep going and try make it to full automated,support all broker and pairs. it have potential to be success, + compounding method after 2years $5000 is enough growth to millions.
after recent loss I went through that case and found weakness on my EA strategy which is every trade not always profit, sometime we need cut loss too. Therefore I put new rule in my EA for cutloss in order to minimize loss. and all trade history have comment v1.10. and it is officially start on 11/2/19
Let see how it will perform after this. same entry strategy, same exit rule & new cutloss rule.
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