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Tom'sEa WPFX LIVE
in
Trading Systems
Nov 29, 2011 at 13:08
Thanks Dustin for joining myfxbook & for commenting on this thread.I feel though a certain point has been missed.Whilst one can "simply look at the equity line below the balance line" this is merely a reflection of closed trades and not the topic at hand.The fact that the "Open Trades" are hidden (I believe) is what everyone is talking about in terms of drawdown. For example, my testing shows a consistent 34 OPEN TRADES of which a majority are losers of up to 3.8% (individually @ current value) when the risk is set to 1%.Even if each trade could ONLY lose 1% that means ...
Tom'sEa WPFX LIVE
in
Trading Systems
Nov 28, 2011 at 11:22
I must be missing something here - if your (real) account balance was $29,000 (assuming today was your highest balance to date)how did you close out all your positions and make $24,000 in one day????
Tom'sEa WPFX LIVE
in
Trading Systems
Nov 14, 2011 at 13:10
"Tom"???? - I think that rather than just say that people can't follow instructions what is actually needed is full disclosure.For example, you need to publish the "Open Trades" tab as well to remove the 'mystery'.Also, by your own admission on the Q&A page you said that you jacked up the 'lots' at one stage that caused a big spike in profit. I guess what people are really asking is how does a 10k account make 117% in such a short period when if you followed even the 2% risk model you talk about then its not possible??? Personally I tested from the d...
Tom'sEa WPFX LIVE
in
Trading Systems
Nov 07, 2011 at 10:18
Yes, my account was the same - they've stopped access now that its a pay for item (my email password is being refused) - or maybe that's because I kept asking too many questions :)About once per week I would be carrying up to 16% at currency value or 33% at stop loss value.At this point whilst it produced a nice equity curve the reality was the value of closed trades hasn't been greater than the amount at risk - and that's after about 2-3 months from memory - I started it from the very early days.
Tom'sEa WPFX LIVE
in
Trading Systems
Nov 03, 2011 at 04:44
stan said: Interested in the EA but I prefer to add it to my account along with its DLL without running an executable file in my computer. Do you have the files available without the .exe?Tom said: Stan, We may be able to make that work on a VPS someday soon. ThanksTom - are you saying that the EA won't run on a VPS??? If not - why not? Surely its just dependent on the MT4 platform? It is imperative for this type of EA to have uninterrupted access to the broker.Due to the high risk/high holding losses that it carries (currently 30% of bank balance) and the way it doubles up to cover those...
Fap Turbo
in
Expert Advisors
Sep 27, 2011 at 10:38
chromeie - if you read this forum you would know the answer is that there is no way to make this EA work If you can't get it to place trades you are lucky as if it does it will just blow up your account given time.
Fap Turbo
in
Expert Advisors
Mar 19, 2011 at 06:07
Even at 99% w/l ratio it is unlikely this robot will be profitable in the long run as the profits are too small and losses too large.The support is non-existent.Mike, Uli & Co are the only ones getting rich - from the sales of the robot - I'd doubt any of them actually trade.
Fap Turbo
in
Expert Advisors
Oct 08, 2010 at 04:41
Oh dear Ravin - you are clearly a 'seller' of FAPT.As one of the people who bought it on day 1 - it has never made money - everyone keep far far away from it.Even if you do make money it takes only one loss to wipe out 20 profits - doh!I've tried several (including recommended) brokers and on VPS to ensure consistent connection.
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