Quote from: PierreN on June 25, 2012, 01:22:06 pmBB or anyone experienced with FE,I've been running FE 2.1 since 2 weeks on a live account with Trade Fort using Long Cycles and had around 3.5% profit.today I activated Short Cycles as requested by TE, I have now a level 15 basket formed on the EURJPY which brought my DD to 22%.I don't know what to do!!!was that normal? and any suggestions please.Thx.Maybe someone can answer PierreN ,for he seems to be forgotten!I have no live account at the moment so I don't know about your basket,but still it can happen!regards,Philipe
BB or anyone experienced with FE,I've been running FE 2.1 since 2 weeks on a live account with Trade Fort using Long Cycles and had around 3.5% profit.today I activated Short Cycles as requested by TE, I have now a level 15 basket formed on the EURJPY which brought my DD to 22%.I don't know what to do!!!was that normal? and any suggestions please.Thx.
Quote from: PierreN on June 25, 2012, 01:22:06 pmBB or anyone experienced with FE,I've been running FE 2.1 since 2 weeks on a live account with Trade Fort using Long Cycles and had around 3.5% profit.today I activated Short Cycles as requested by TE, I have now a level 15 basket formed on the EURJPY which brought my DD to 22%.I don't know what to do!!!was that normal? and any suggestions please.Thx.Maybe someone can answer PierreN ,for he seems to be forgotten!I have no live account at the moment so I don't know about your basket,but still it can happen!regards,PhilipePierre,You weren´t supposed to activate the euro pairs on the short cycles.That´s why you have such a big drawndown.I would activate freeze after take profit for that pair and hope for the best.
Quote from: supertrader on June 25, 2012, 01:41:56 pmQuote from: Chris85 on June 25, 2012, 01:30:07 pmAccording to the post he made earlier with a link to his myfxbook, he use grid/matingale himself lol The myfxbook is a link to demo on reticolo and that is agrid based system. Hyped as a basket grid trader and internally hedging and therefor safe according to the developers. All I wanted to show here is that even with all the hype of "new system, new paradigm" that also this robot has it risk. You should be grateful for me revealing my account as a learning process for all instead of making fun. It says more about yourself.Read this >I can not believe it. 4 stars to an EA that uses martingale in its trading logic. And the threads are full of blown up accounts. Raters must be gamblers and not traders.You are the one making fun of folks using grid/martingale but you use them yourself according to your profile.Sound like you have something to sell us? what is it?
Quote from: Chris85 on June 25, 2012, 01:30:07 pmAccording to the post he made earlier with a link to his myfxbook, he use grid/matingale himself lol The myfxbook is a link to demo on reticolo and that is agrid based system. Hyped as a basket grid trader and internally hedging and therefor safe according to the developers. All I wanted to show here is that even with all the hype of "new system, new paradigm" that also this robot has it risk. You should be grateful for me revealing my account as a learning process for all instead of making fun. It says more about yourself.
According to the post he made earlier with a link to his myfxbook, he use grid/matingale himself lol
Quote from: Chris85 on June 25, 2012, 01:57:28 pmQuote from: supertrader on June 25, 2012, 01:41:56 pmQuote from: Chris85 on June 25, 2012, 01:30:07 pmAccording to the post he made earlier with a link to his myfxbook, he use grid/matingale himself lol The myfxbook is a link to demo on reticolo and that is agrid based system. Hyped as a basket grid trader and internally hedging and therefor safe according to the developers. All I wanted to show here is that even with all the hype of "new system, new paradigm" that also this robot has it risk. You should be grateful for me revealing my account as a learning process for all instead of making fun. It says more about yourself.Read this >I can not believe it. 4 stars to an EA that uses martingale in its trading logic. And the threads are full of blown up accounts. Raters must be gamblers and not traders.You are the one making fun of folks using grid/martingale but you use them yourself according to your profile.Sound like you have something to sell us? what is it?I'll update my profile on that. I have traded martingale, never made money so will not touch it. Only grid systems I use are kangaroo or volatility factor that have a limit on grids open and a hard SL.I leave you here. Tried to find some more info from vendor website about what makes envy so special but the website seems down.
Guys,I activate my FATPScheduler 30 minutes BEFORE the US Sessions opens on US Friday and turn it off 30 minutes AFTER the Sydney Session open Aussie Monday.Never had a blown Short doing that.
Quote from: supertrader on June 25, 2012, 02:09:27 pmI have traded martingale, never made money so will not touch it.That is your first mistake to think Envy uses a Martingale system.
I have traded martingale, never made money so will not touch it.
I have done my preach here on this thread. It was fun for now.
Quote from: BearBull on June 25, 2012, 02:08:38 pmGuys,I activate my FATPScheduler 30 minutes BEFORE the US Sessions opens on US Friday and turn it off 30 minutes AFTER the Sydney Session open Aussie Monday.Never had a blown Short doing that.the scheduler on my EURJPY was put off on Monday 23:30 and I am using TradeFort Server which is GMT+2;maybe I should wait 30 minutes after Sydney open on Monday as you said.Thank you.
QuoteGot to be the dumbest example I've seen in a while. And again, read the damn thread.You will only become successful in your trading when you look first at what do I stand to loose.The answer is very relevant, cent accounts are needed for martingale if you are on a low starting balance. Cent accounts have very low income as an account type for the broker but still very high operating cost. The only reason they are out there because brokers know from history they will get blown.The envy myfxbook accounts have shown spectacular profit. 100% in January 2012 alone. However DD has been 50%+. I read in the first few pages how we all have to be careful by the EA developer. However DD and profits raked in show a quiet aggressive trading style. Who follows the vendor and who has is clearly thinking and has done back test and understands really the trading logic and the risk they are taking.We all wanna get rich but forex is and stays a zero sum game. There are winners and losers.
Got to be the dumbest example I've seen in a while. And again, read the damn thread.
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