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sPhantom Auto Trader (tarafından sPhantom)
| Kazanma : | +694.0% |
| Düşüş | 91.94% |
| Pipler: | 1266.4 |
| Tradeler | 261 |
| Kazandı: |
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| Kaybetti: |
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| Tür: | Gerçek |
| Kaldıraç: | 1:400 |
| Trading: | Otomatik |
sPhantom Auto Trader Tartışma
Apr 19, 2011 zamanından beri üye
13 iletiler
Jan 30, 2014 at 18:29
The odds are quite small for EURUSD breaking 1.35 soon - but if it happens - its stop loss time.
forex_trader_159748
Oct 31, 2013 zamanından beri üye
102 iletiler
Jan 30, 2014 at 19:00
pilotas posted:
I do not believe into miracles. There are no such systems in reality with so quick and so big gain with no or small risk. You want less risk? Then you will get less gain or in longer time. But here is even worse. Potential 1, and only 1 loss is greater than all accumulated gain made before, so statisticaly in long run you will have slower or faster, depending on risk, saw style balance chart. And eventualy sooner or later it will end up with burned account. So the best tactics here is grab and run
:LIKE: "Grab and Run"
Jan 17, 2011 zamanından beri üye
58 iletiler
Jan 30, 2014 at 19:28
(Jan 30, 2014 at 19:33 düzenlendi)
Well, I have to admit that I was a little bit wrong. Made some calculations and here is disclosure.
First of all number in risk parameter is not percent of risk, but percent of possible profit, or as sphantom says it is lot size factor used with account size - 1 is 0.1 lot for each 1000 usd, what will give us 10 usd profit per 10 pips, what is equal 1%.
Second thing is term "trade" I will use - here it is cycle of 1 or 2 orders which could be open within average distance of 30 pips. in history i found 25-50 pips distances, but 25 was majority. So each trade canand in two theoretical ways - will give determined profit, or give 200 and 170 pips loss per according order, 370 alltogether.
So, if to use risk 3, that will mean that you allways risk 370/10 * 3 = 111% for just 3% profit. It is definitely way to nowhere from very begining.
But if to lower appetite, things are going better, but not very promissing.
Lets say you set 2 as your target. Your risk is 74% for 2% profit, or if to lower setting to 1, your risk will be 37% for 1% profit.
In other words, with setting 2 you will have to finish at least 69 trade cycles in profit to keep at least your deposit safe. If setting is 1, then you need "just" 47 cycles in profit to remain above deposit. Looking at current stats it looks possible. Now there are 120+ trades, some of them are in cycle pair, so there could be around 60-80 profitable cycles in row.
Anyway it is rollercoaster kind of slow gains, not for everyones temper.
Pitty that sphantom didn't published such explanation. Maybe someones money would be saved. I mean not burned by stopout
First of all number in risk parameter is not percent of risk, but percent of possible profit, or as sphantom says it is lot size factor used with account size - 1 is 0.1 lot for each 1000 usd, what will give us 10 usd profit per 10 pips, what is equal 1%.
Second thing is term "trade" I will use - here it is cycle of 1 or 2 orders which could be open within average distance of 30 pips. in history i found 25-50 pips distances, but 25 was majority. So each trade canand in two theoretical ways - will give determined profit, or give 200 and 170 pips loss per according order, 370 alltogether.
So, if to use risk 3, that will mean that you allways risk 370/10 * 3 = 111% for just 3% profit. It is definitely way to nowhere from very begining.
But if to lower appetite, things are going better, but not very promissing.
Lets say you set 2 as your target. Your risk is 74% for 2% profit, or if to lower setting to 1, your risk will be 37% for 1% profit.
In other words, with setting 2 you will have to finish at least 69 trade cycles in profit to keep at least your deposit safe. If setting is 1, then you need "just" 47 cycles in profit to remain above deposit. Looking at current stats it looks possible. Now there are 120+ trades, some of them are in cycle pair, so there could be around 60-80 profitable cycles in row.
Anyway it is rollercoaster kind of slow gains, not for everyones temper.
Pitty that sphantom didn't published such explanation. Maybe someones money would be saved. I mean not burned by stopout
Jan 17, 2011 zamanından beri üye
58 iletiler
Jan 30, 2014 at 19:36
(Jan 30, 2014 at 19:37 düzenlendi)
And one more thing to consider - calculations are made for ideal conditions, with no slippage, requotes and so on. If you would look at history, many trades gained 9 or less pips. Some users reported here 6 or even 4 pips instead of 10. So reality is not so promissing like theory.
Jan 06, 2014 zamanından beri üye
249 iletiler
Jan 30, 2014 at 20:03
Sphantom S/L is not a safety feature, but a fixed one! so it can happen it is reached!
Running only Expert advisors with good long term backtests and nice forward tests
Oct 06, 2013 zamanından beri üye
19 iletiler
Jan 30, 2014 at 20:03
@sPhantom Can you comment on when you will close out these disastrous trades and what your "group of live analysts, in addition to your advanced market watcher software" (from your website) were thinking when taking these trades in the first place, please?
Whilst I am not adverse to the drawdown (most systems will suffer at some point) and have no issue with the loss of investment, your lack of communication and your inaction during the past few trades has been a cause for concern and may put off future purchasers of your trading robot.
Whilst I am not adverse to the drawdown (most systems will suffer at some point) and have no issue with the loss of investment, your lack of communication and your inaction during the past few trades has been a cause for concern and may put off future purchasers of your trading robot.
Jan 06, 2014 zamanından beri üye
249 iletiler
Jan 30, 2014 at 20:04
osssmoretti posted:
Where is sphantom team? what's the plan now? big DD today....
They have already replied: "S/L and T/P are fixed"😞; so or the price reverse and hit the take profit or we will take the full s/l!
Running only Expert advisors with good long term backtests and nice forward tests
Dec 07, 2011 zamanından beri üye
11 iletiler
Jan 30, 2014 at 20:04
i was using profit empire robot and sphantom same time but when i saw they r risking too much for small profit then i stop sphantom 2 weeks ago bcoz of their small profit with huge lot size , let see what they do
Jan 05, 2011 zamanından beri üye
127 iletiler
Jan 30, 2014 at 20:04
they will probably leave it with 250 SL and hope it will turn around. I have to say although the EA was doing so well but it needs one hard SL to blow up the whole account.
Live Freely
Nov 18, 2013 zamanından beri üye
151 iletiler
Jan 30, 2014 at 20:04
sphantom team?
Jan 22, 2014 zamanından beri üye
8 iletiler
Jan 30, 2014 at 20:04
I would hate to see the beautiful curve disrupted, lolz... Whatever, another Europe session will determine the outcome of this trade, hopefully. 😎
Sink or swim!
Sep 26, 2013 zamanından beri üye
27 iletiler
Jan 30, 2014 at 20:04
OK. Just to run this idea past you guys. M5 and M15 and M30 are setting up for a buy entry point soon. I am looking at MACD for this at the momet. H1 is lagging I would give it 3 hours and it should also set up a buy signal.
H4 is way behind it still saying sell but that is ussually for the larger trend anyway.
Looking to exit at 1.35850. Still got to nail the entry piont and that determines the lot size.
sPhantom take days to close out these large DD trades. Had one once go over a weekend that gave me grey hair. They ussually close out in the profit, but this trade does look quite sketchy technially,....... fundamentally well we know that answer dont we.
H4 is way behind it still saying sell but that is ussually for the larger trend anyway.
Looking to exit at 1.35850. Still got to nail the entry piont and that determines the lot size.
sPhantom take days to close out these large DD trades. Had one once go over a weekend that gave me grey hair. They ussually close out in the profit, but this trade does look quite sketchy technially,....... fundamentally well we know that answer dont we.
Dec 21, 2013 zamanından beri üye
11 iletiler
Jan 30, 2014 at 20:05
hedging guys is the only way to get out of this crises !
Sep 26, 2013 zamanından beri üye
27 iletiler
Jan 30, 2014 at 20:05
Ok M5 is a go for buy
Sep 26, 2013 zamanından beri üye
27 iletiler
Jan 30, 2014 at 20:05
Going to wait for M30 though.
Sep 26, 2013 zamanından beri üye
27 iletiler
Jan 30, 2014 at 20:05
Argh..... looks like a bull trap
Sep 26, 2013 zamanından beri üye
27 iletiler
Jan 30, 2014 at 20:05
Ok FLive on MQL5 has just put a buy order in on the Eur/Usd and he is quite a good trader. All does not look lost.
Sep 26, 2013 zamanından beri üye
27 iletiler
Jan 30, 2014 at 20:05
M5 with a solid buy signal now.
Sep 26, 2013 zamanından beri üye
27 iletiler
Jan 30, 2014 at 20:06
M15 with a buy
Jan 02, 2014 zamanından beri üye
28 iletiler
Jan 30, 2014 at 20:06
FXJester posted:
Agree, trading just before the FOMC was mad.
However its probably my fault - every single EA I buy tanks as soon as I buy it - I bought this one a couple of weeks ago - sorry about that!
I'm only on 10% risk - so not catastrophic.
Then i'm a bit more fortunate than you 😄 every single EA tanks during my close observation.
