Inertia Trader (Od babyjake1961)
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Inertia Trader Diskusia
Členom od Dec 07, 2009
134 príspevkov
Feb 03, 2017 at 14:42
Členom od Dec 07, 2009
134 príspevkov
babyjake1961 posted:robotchallenge posted:babyjake1961 posted:
While the remaining 3 closed in hefty profit.
That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.
Have you backtested the EA? Further, one can set any lot size they like.
I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.
Be afraid, very afraid?
Členom od Dec 04, 2010
1447 príspevkov
Feb 04, 2017 at 01:49
Členom od Dec 04, 2010
1447 príspevkov
robotchallenge posted:so is the default maximum risk around 10% per trade, and with upto 6 trades possible it's maximum drawdown 60%, so to set maximum risk at 30% drawdown, you would just manually change the lot size to half the default lot size the EA suggests for your account size? I couldn't see under settings anywhere to set a risk per trade, for the EA to then automatically determine the lot size based on this. So as the account balance grows you would have to manually adjust the lot sizing? thanks.babyjake1961 posted:robotchallenge posted:babyjake1961 posted:
While the remaining 3 closed in hefty profit.
That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.
Have you backtested the EA? Further, one can set any lot size they like.
I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.
Členom od Dec 07, 2009
134 príspevkov
Feb 04, 2017 at 17:01
Členom od Dec 07, 2009
134 príspevkov
aeronthomas posted:robotchallenge posted:so is the default maximum risk around 10% per trade, and with upto 6 trades possible it's maximum drawdown 60%, so to set maximum risk at 30% drawdown, you would just manually change the lot size to half the default lot size the EA suggests for your account size? I couldn't see under settings anywhere to set a risk per trade, for the EA to then automatically determine the lot size based on this. So as the account balance grows you would have to manually adjust the lot sizing? thanks.babyjake1961 posted:robotchallenge posted:babyjake1961 posted:
While the remaining 3 closed in hefty profit.
That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.
Have you backtested the EA? Further, one can set any lot size they like.
I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.
I have mine set at 5% or half of default. I am assuming that 60% DD is achievable if the EA misses a few in a row, just add it up and assume the worse case scenario. And I am not really calculating 60% DD based on just missing 6 trades in one basket, I am more worried about a few baskets in a row, which will happen, and when it does, how will that look? Why the vendors account seems to have such large changes in lot size is a mystery to me since mine are adjusting smoothly with equity.
Be afraid, very afraid?
Členom od Mar 31, 2016
69 príspevkov
Feb 05, 2017 at 07:34
Členom od Mar 31, 2016
69 príspevkov
SleepingFX posted:
anyone like me still have 2 open trades? I just closed one in profit.
What broker are you with?
Členom od Mar 31, 2016
69 príspevkov
Feb 05, 2017 at 07:40
Členom od Mar 31, 2016
69 príspevkov
robotchallenge posted:babyjake1961 posted:robotchallenge posted:babyjake1961 posted:
While the remaining 3 closed in hefty profit.
That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.
Have you backtested the EA? Further, one can set any lot size they like.
I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.
Again, what would prevent you from using a smaller lot size if you can't stomach the bigger drawdowns?
Členom od May 08, 2012
60 príspevkov
Feb 05, 2017 at 07:56
Členom od May 08, 2012
60 príspevkov
Hi, the last 2 trades closed in loss for me. Does anyone have new open trades like this account after NFP yesterday? I got none.
Členom od Mar 31, 2016
69 príspevkov
Feb 05, 2017 at 08:09
Členom od Mar 31, 2016
69 príspevkov
aeronthomas posted:robotchallenge posted:so is the default maximum risk around 10% per trade, and with upto 6 trades possible it's maximum drawdown 60%, so to set maximum risk at 30% drawdown, you would just manually change the lot size to half the default lot size the EA suggests for your account size? I couldn't see under settings anywhere to set a risk per trade, for the EA to then automatically determine the lot size based on this. So as the account balance grows you would have to manually adjust the lot sizing? thanks.babyjake1961 posted:robotchallenge posted:babyjake1961 posted:
While the remaining 3 closed in hefty profit.
That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.
Have you backtested the EA? Further, one can set any lot size they like.
I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.
Just backtest the EA with different lot sizes to determine your personal risk preferences.
Členom od May 08, 2012
60 príspevkov
Feb 05, 2017 at 12:22
Členom od May 08, 2012
60 príspevkov
babyjake1961 posted:SleepingFX posted:
anyone like me still have 2 open trades? I just closed one in profit.
What broker are you with?
Forts, (Previous: TradeFort)
Členom od Mar 31, 2016
69 príspevkov
Feb 05, 2017 at 12:25
Členom od Mar 31, 2016
69 príspevkov
SleepingFX posted:
Hi, the last 2 trades closed in loss for me. Does anyone have new open trades like this account after NFP yesterday? I got none.
Does your broker have a name?
Členom od Mar 31, 2016
69 príspevkov
Feb 05, 2017 at 12:25
Členom od Mar 31, 2016
69 príspevkov
robotchallenge posted:aeronthomas posted:robotchallenge posted:so is the default maximum risk around 10% per trade, and with upto 6 trades possible it's maximum drawdown 60%, so to set maximum risk at 30% drawdown, you would just manually change the lot size to half the default lot size the EA suggests for your account size? I couldn't see under settings anywhere to set a risk per trade, for the EA to then automatically determine the lot size based on this. So as the account balance grows you would have to manually adjust the lot sizing? thanks.babyjake1961 posted:robotchallenge posted:babyjake1961 posted:
While the remaining 3 closed in hefty profit.
That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.
Have you backtested the EA? Further, one can set any lot size they like.
I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.
I have mine set at 5% or half of default. I am assuming that 60% DD is achievable if the EA misses a few in a row, just add it up and assume the worse case scenario. And I am not really calculating 60% DD based on just missing 6 trades in one basket, I am more worried about a few baskets in a row, which will happen, and when it does, how will that look? Why the vendors account seems to have such large changes in lot size is a mystery to me since mine are adjusting smoothly with equity.
Risk preferences are a highly individual matter. We are confident about our product and trade our risk capital, so we don't mind bigger drawdowns. Quite a few EA customers like "going all in" for short-term superprofits while others trade what they can't afford to lose. As we don't know who's who, we let them pick their risk levels on their own.
Členom od Mar 31, 2016
69 príspevkov
Feb 05, 2017 at 15:53
Členom od Mar 31, 2016
69 príspevkov
SleepingFX posted:babyjake1961 posted:SleepingFX posted:
anyone like me still have 2 open trades? I just closed one in profit.
What broker are you with?
Forts, (Previous: TradeFort)
For the same results, we suggest the same broker we use (FXChoice).
Členom od Dec 04, 2010
1447 príspevkov
Feb 06, 2017 at 02:47
Členom od Dec 04, 2010
1447 príspevkov
babyjake1961 posted:It would be very useful to have a max risk per trade setting in % terms so the EA could calculate the lot size for each trade based on the hard SL. Most EAs offer a feature like this. Would save a lot of time, customers really shouldn't have to run back tests to determine lot sizing...robotchallenge posted:aeronthomas posted:robotchallenge posted:so is the default maximum risk around 10% per trade, and with upto 6 trades possible it's maximum drawdown 60%, so to set maximum risk at 30% drawdown, you would just manually change the lot size to half the default lot size the EA suggests for your account size? I couldn't see under settings anywhere to set a risk per trade, for the EA to then automatically determine the lot size based on this. So as the account balance grows you would have to manually adjust the lot sizing? thanks.babyjake1961 posted:robotchallenge posted:babyjake1961 posted:
While the remaining 3 closed in hefty profit.
That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.
Have you backtested the EA? Further, one can set any lot size they like.
I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.
I have mine set at 5% or half of default. I am assuming that 60% DD is achievable if the EA misses a few in a row, just add it up and assume the worse case scenario. And I am not really calculating 60% DD based on just missing 6 trades in one basket, I am more worried about a few baskets in a row, which will happen, and when it does, how will that look? Why the vendors account seems to have such large changes in lot size is a mystery to me since mine are adjusting smoothly with equity.
Risk preferences are a highly individual matter. We are confident about our product and trade our risk capital, so we don't mind bigger drawdowns. Quite a few EA customers like "going all in" for short-term superprofits while others trade what they can't afford to lose. As we don't know who's who, we let them pick their risk levels on their own.
Členom od Aug 16, 2016
19 príspevkov
Feb 06, 2017 at 04:45
Členom od Aug 16, 2016
19 príspevkov
To be honest, why waste time using other brokers to test or something, I am using the same brokers as the seller, and I am getting almost the same results as him.
Členom od Mar 31, 2016
69 príspevkov
Feb 06, 2017 at 07:23
Členom od Mar 31, 2016
69 príspevkov
aeronthomas posted:babyjake1961 posted:It would be very useful to have a max risk per trade setting in % terms so the EA could calculate the lot size for each trade based on the hard SL. Most EAs offer a feature like this. Would save a lot of time, customers really shouldn't have to run back tests to determine lot sizing...robotchallenge posted:aeronthomas posted:robotchallenge posted:so is the default maximum risk around 10% per trade, and with upto 6 trades possible it's maximum drawdown 60%, so to set maximum risk at 30% drawdown, you would just manually change the lot size to half the default lot size the EA suggests for your account size? I couldn't see under settings anywhere to set a risk per trade, for the EA to then automatically determine the lot size based on this. So as the account balance grows you would have to manually adjust the lot sizing? thanks.babyjake1961 posted:robotchallenge posted:babyjake1961 posted:
While the remaining 3 closed in hefty profit.
That is true but the default settings are scary! It will hit 60% drawdown with 10% risk.
Have you backtested the EA? Further, one can set any lot size they like.
I can see by the available live accounts, had the last trades all lost then about a 60% DD would have been easily achievable. A backtest isn't needed to find the obvious. It is inevitable.
I have mine set at 5% or half of default. I am assuming that 60% DD is achievable if the EA misses a few in a row, just add it up and assume the worse case scenario. And I am not really calculating 60% DD based on just missing 6 trades in one basket, I am more worried about a few baskets in a row, which will happen, and when it does, how will that look? Why the vendors account seems to have such large changes in lot size is a mystery to me since mine are adjusting smoothly with equity.
Risk preferences are a highly individual matter. We are confident about our product and trade our risk capital, so we don't mind bigger drawdowns. Quite a few EA customers like "going all in" for short-term superprofits while others trade what they can't afford to lose. As we don't know who's who, we let them pick their risk levels on their own.
There's no hard SL here - it's set dynamically and differs from trade to trade. So what you want is not possible.
Členom od May 08, 2012
60 príspevkov
Feb 06, 2017 at 07:36
Členom od May 08, 2012
60 príspevkov
babyjake1961 posted:SleepingFX posted:
Hi, the last 2 trades closed in loss for me. Does anyone have new open trades like this account after NFP yesterday? I got none.
Does your broker have a name?
https://www.fortfs.com/
Fort Financial Services
Členom od Mar 31, 2016
69 príspevkov
Feb 06, 2017 at 08:12
Členom od Mar 31, 2016
69 príspevkov
SleepingFX posted:babyjake1961 posted:SleepingFX posted:
Hi, the last 2 trades closed in loss for me. Does anyone have new open trades like this account after NFP yesterday? I got none.
Does your broker have a name?
https://www.fortfs.com/
Fort Financial Services
We suggest using the same broker we do (FXChoice) for the same results.
Členom od Jan 30, 2016
14 príspevkov
Feb 09, 2017 at 12:42
Členom od Jan 30, 2016
14 príspevkov
Please I receive a email informing about the value of 147 usd but i checked in the site the value was 347 usd
Is not 147usd ?
Is not 147usd ?
viniciusmazzetto@
Členom od Mar 31, 2016
69 príspevkov
Feb 09, 2017 at 19:44
Členom od Mar 31, 2016
69 príspevkov
VMAZZETTO posted:
Please I receive a email informing about the value of 147 usd but i checked in the site the value was 347 usd
Is not 147usd ?
When did you receive that email?
Členom od Nov 06, 2009
44 príspevkov
Feb 09, 2017 at 21:44
Členom od Nov 06, 2009
44 príspevkov
how come you are not showing your gu version ??
i heard it runs quite well, almost better then eu.
or is it showing somewhere and i have not found it ??
i heard it runs quite well, almost better then eu.
or is it showing somewhere and i have not found it ??
fidelitasllc@
Členom od Mar 31, 2016
69 príspevkov
Feb 09, 2017 at 22:01
Členom od Mar 31, 2016
69 príspevkov
reinerh posted:
how come you are not showing your gu version ??
i heard it runs quite well, almost better then eu.
or is it showing somewhere and i have not found it ??
It's true that it's doing well but I don't run it alone on any account.

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