Just quick question. I saw on the website that there is 2 Phibase version. One is Phibase Pro 3.0 and another is Phibase Synergy 3.2. So which one is the latest and which one I should purchase? What is the different?Thank you.
Phibase,That results are based in 8% ou 10% margin use ?
Quote from: Ru on July 27, 2012, 12:38:43 amQuote from: mikepipmaker on July 26, 2012, 02:09:07 pmOoohhhh..... I better go back to sleep. Nearly -8k..... should really think about reducing the risk level from 10 But it is using 10 or 8 consistently that helped double my account in less than 6 months. Good I withdrew the gains last week or each pip would have been moving my equity by over $20 I believe this is just a news hit.... may be the ECB pres caught everyone by surprise. This EA has earned enough of my trust and I am sure it will recover quite fast.You got to stay in the game to win. That is the reason I do not trade heavy on any one EAs, even the once I create. I mitigate risk even though my profit may reduce as well. If I may say it myself I did quite well with 33% growth this month. I launched hedging in my own EA which saved me on one set of trades today. Currently I am using 40% of recommended setting of Synergy on my SafeGrowth project below. Major gains you see is from other EAs.Thanks, Ru.... I know I have been adamantly running at allocation 10.... not safe trading. phibase gain was at 75% this month just prior to this basket went "GO Antartica" instead of "Go USA" .... but still standing close to 50% gain for the month.I get lot size of 0.25 for the free margin of 20k in the phibase account when using allocation 10. The basket of 4 makes it 1.0 so it makes equity move up/down by $10 per pip You use 40% of recommended allocation - so does that mean your allocation level is 4? What is the lot size per position for EU pair? If the calculation is linear i assume it to be 0.4 for a basket of 4.... that would be about $4 per pip..... yeah.. sounds safe enough.... and good enough too. I will step down to allocation 8 after this basket closes..... that will make it $8 per pip.... the max DD using allocation 8 on the 10 year test I conducted was less than 15%.... but the gain is more than double of what allocation 5 is giving... I can handle DD's of upto 30% without issues, lets see.
Quote from: mikepipmaker on July 26, 2012, 02:09:07 pmOoohhhh..... I better go back to sleep. Nearly -8k..... should really think about reducing the risk level from 10 But it is using 10 or 8 consistently that helped double my account in less than 6 months. Good I withdrew the gains last week or each pip would have been moving my equity by over $20 I believe this is just a news hit.... may be the ECB pres caught everyone by surprise. This EA has earned enough of my trust and I am sure it will recover quite fast.You got to stay in the game to win. That is the reason I do not trade heavy on any one EAs, even the once I create. I mitigate risk even though my profit may reduce as well. If I may say it myself I did quite well with 33% growth this month. I launched hedging in my own EA which saved me on one set of trades today. Currently I am using 40% of recommended setting of Synergy on my SafeGrowth project below. Major gains you see is from other EAs.
Ooohhhh..... I better go back to sleep. Nearly -8k..... should really think about reducing the risk level from 10 But it is using 10 or 8 consistently that helped double my account in less than 6 months. Good I withdrew the gains last week or each pip would have been moving my equity by over $20 I believe this is just a news hit.... may be the ECB pres caught everyone by surprise. This EA has earned enough of my trust and I am sure it will recover quite fast.
Allocation is 4 and trades taken between individual lot size of 0.128 to 0.153 based on equity in SafeGrowth. You can see the name of my investment 'SafeGrowth', so I like to tend to be on a safer side of investments - after all it is not only my money at risk. Synergy complements my other EAs as I want to see constant profits week after week and not V shaped loss/profit. I cannot sleep well if one week I make excellent profit and the other week I see major losses. I also don't believe that anyone has money to loose - other than people who are gambling. Frankly I think I may be overtrading with Synergy and some other EAs and will relook at readjusting risk soon. I think 8 risk is very high until you run any new EA for sometime. Look at ForeEnvy people are running Beta 3.015 on their live acount and have margin call this week. Mind you Phibase is one of the best company according to me so not taking their recommendation is nothing against them - it is just I like to trade safer and distribute my risks over various EAs (not to put all my eggs in one basket).
Quote from: Ru on July 27, 2012, 12:05:56 pmAllocation is 4 and trades taken between individual lot size of 0.128 to 0.153 based on equity in SafeGrowth. You can see the name of my investment 'SafeGrowth', so I like to tend to be on a safer side of investments - after all it is not only my money at risk. Synergy complements my other EAs as I want to see constant profits week after week and not V shaped loss/profit. I cannot sleep well if one week I make excellent profit and the other week I see major losses. I also don't believe that anyone has money to loose - other than people who are gambling. Frankly I think I may be overtrading with Synergy and some other EAs and will relook at readjusting risk soon. I think 8 risk is very high until you run any new EA for sometime. Look at ForeEnvy people are running Beta 3.015 on their live acount and have margin call this week. Mind you Phibase is one of the best company according to me so not taking their recommendation is nothing against them - it is just I like to trade safer and distribute my risks over various EAs (not to put all my eggs in one basket). "Safegrowth" and 70% DD? Hate to see what you call high risk?
Well I have 4 eur shorts (a fourth opened up after the hard SL) and 2 usd longs. A lot is riding on the eur falling...currently -670 pips and approx 5.3% DD in total.
Quote from: e1vis on July 27, 2012, 12:12:10 pmWell I have 4 eur shorts (a fourth opened up after the hard SL) and 2 usd longs. A lot is riding on the eur falling...currently -670 pips and approx 5.3% DD in total.If you are using sinergy 3.2 you need to move from that broker because there is something wrong caused that sell basket dit not close.
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