I will never understand risk argument when the risk is 100% within your control. Also, risk reward is well setup here with this strategy. You do not have to trade the default settings. Average trades closes out at 30 pips SL. So if the drawdown is huge, it means you are risking too much.
I've noticed on average your Tickmill account earns about 9% more per month. Do you think that given more time it will correlate more and be about the same? Or do you think Tickmill will continue to run Inertia Trader more profitably than FX Choice?
Thanks for your constant replies on this threat and for making such a phenomenal EA!
We are yet to see which broker proves best for this bot. There's no way to know until some substantial time passes. Different brokers have different pools of liquidity providers that contribute to their execution speed and spreads. Usually, the complete lists of liquidity providers are not available to brokers' clients.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.