b3_m3 (By blueeyes1224)

The user has deleted this system.

b3_m3 Discussion

Feb 25, 2011 at 04:01
874 Views
5 Replies
Member Since Feb 24, 2011   3 posts
Feb 27, 2011 at 20:54
A very linear performance :)
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Member Since Nov 18, 2009   735 posts
Feb 27, 2011 at 21:20
Not bad, not bad so far. Looks like a basket trader EA.
Profit could be +10% without AUD shorts? Interest - the 8th wonder of the world.
On your other system you have a nice interest profit - AUD longs, aye.
Total pips negative here - is it a little bit of Martingale fun? Be careful - it's the proverbial Slow motion car crash.

Any chances of verification, blue eyed boy?
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Member Since May 09, 2010   39 posts
Feb 27, 2011 at 21:41
This is Blessing 3. I'm my opinion, this is a perfect example of how the EA should be used to trade. Multiple pairs, risk spread between all pairs with an account portion attributed to each traded pair. This way, an EP hit won't be the end of the world (and your account).
Well done.

b.
Member Since Mar 25, 2010   193 posts
May 12, 2011 at 16:30

beorn posted:
 this is a perfect example of how the EA should be used to trade. .
Really?
Yeah i know my grammar sucks, I speak spanish. Sorry if something doesnt make sense ;)
Member Since May 09, 2010   39 posts
May 12, 2011 at 16:51
Really.

beorn posted:
    Multiple pairs, risk spread between all pairs with an account portion attributed to each traded pair. This way, an EP hit won't be the end of the world (and your account).

If what is quoted above had been followed the account would never have been wiped out. It would have taken some hits, sure, but never a complete wipe.
Member Since Feb 24, 2011   3 posts
May 12, 2011 at 17:51
In theory, the strategy works quite well.

But with 22 pairs, and 22 set files, all running their own models (typically static in nature), 1 model might take too much risk, and inevitably fail.

In this case, AUDCAD performed a HUGE bull run during the Japan/Libya event, thus opening up ~12 trades, and hitting a margin call, thus, causing a chain reaction of margin calls.

Ultimately, it dropped to 7% of the investment before I closed it out.

In other news, I've been running a more profitable model since then. Hugely reduced risk, trade durations, and drawdown periods. I will post it up in my portfolio shortly. - Slightly different strategy this time around.
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