1.1 Profit Empire Robot (Real) (By Michigander)
The user has deleted this system.
1.1 Profit Empire Robot (Real) Discussion
Feb 26, 2014 at 15:27
670 Views
7 Replies
Member Since May 08, 2012
316 posts
Apr 13, 2014 at 19:49
yongp posted:
@ricki72
I think because Michigander use a 1:888 leverage broker,so he make higher risk.Check the trade history can see the lot's size,it's bigger than ours.
I analyzed the historical, but live trades of PE as well as the intra trade draw down of each trade to determine an appropriate stop loss for Empire trades. I have a real problem with the 250 pip stop losses that these vendors uses. I've been burnt too many times with these wide stop losses that will never get hit...until they do. I was basing my lot sizes based on Empires statement that they were currently taking a maximum of 6 trades in a basket. Now we have an 8 trade, and it could go to 10 trades if this doesn't turn around. With this many trades, my risk is too high. I can see I need to plan for a 10 trade basket and that is going to cut my lot sizes way back.
I did not haave a 98% drawdown. Myfxbook is really unstable when reporting drawdown. I used this account for a different system and blew out that account some time ago. Even though you pin a custom start date, the drawdown continually resets itself. I logged in and it was 98%. I unpinned and repinned, and it was 32%. I unpinned and repinned and now its its 28%. Maybe if I keep unpinning and repinning, I can get it down to zero.
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
Apr 16, 2014 at 10:16
gz_leo@
Member Since May 08, 2012
316 posts
Apr 16, 2014 at 11:48
No I didn't. I don't know if this file is corrupt on myfxbook or what. I can no longer pin the date for the range that I've been trading PER. I've opened a ticket to try and get it resolved.
This is what its supposed to look like.
This is what its supposed to look like.
Attachments:
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
Member Since May 08, 2012
316 posts
Apr 16, 2014 at 21:37
If I dont hear from them by tomorrow, I think I'm going to delete and re-establish the account.
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
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