Toms Automated EA (By forex_trader_53345)

The user has deleted this system.

Toms Automated EA Discussion

Dec 09, 2011 at 23:18
882 Views
8 Replies
Member Since Dec 07, 2009   134 posts
Jan 27, 2012 at 20:23
Uh oh!
Be afraid, very afraid?
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Jan 27, 2012 at 20:46 (edited Jan 27, 2012 at 20:49)
the vendors account is in dd too, - https://www.myfxbook.com/members/TomsEaWPFXlive/tomsea-wpfx-live/151409

and by looking at how many times it sinks into dd before recovering, its common.
paulrozza
forex_trader_53345
Member Since Nov 13, 2011   53 posts
Jan 27, 2012 at 22:46
I'd agree with the Uh oh! Trouble with trading correlating pairs on high risk, but I am going to leave this untouched as the last time I played with it and manually closed pairs out I made a lost only to see a reversal two weeks later.

I've discovered the true essence of trading this bot is to have both enough margin and enough leverage to ride these price consolidations out.

I am happy to play the wait and see game - stay tuned!
Member Since Dec 07, 2009   134 posts
Apr 16, 2012 at 13:13
Looking good again. Did you make any changes after the big DD? The equity curve looks a little less aggressive now.
Be afraid, very afraid?
paulrozza
forex_trader_53345
Member Since Nov 13, 2011   53 posts
Apr 16, 2012 at 23:44

   robotchallenge posted:
   Looking good again. Did you make any changes after the big DD? The equity curve looks a little less aggressive now.
Certainly - I got out of USDJPY - it was what caused the massive DD - closed out and lost a lot of profit, whilst keeping the account profit positive.

I have now reduced to four pairs at RL1 - I've decided to treat this account as an auto savings plan - basically set it and forget it. I just keep an eye out for any pair that goes haywire from time to time, but at those risk levels I should not need to manually intervene again.
Member Since Sep 24, 2009   19 posts
Aug 21, 2012 at 11:48
Hello,
I see that you are only trading the GU now. Did you decide to drop the other pairs? What is the RL?

Getting a 3-4% per month but being able to sleep well at night is a good strategy...

Member Since Dec 07, 2009   134 posts
Aug 21, 2012 at 12:35
He switched to Forex Hacked. Hope it doesn't hack up the account.
Be afraid, very afraid?
paulrozza
forex_trader_53345
Member Since Nov 13, 2011   53 posts
Aug 22, 2012 at 06:07
ottawatrader posted:
Hello,
I see that you are only trading the GU now. Did you decide to drop the other pairs? What is the RL?

Getting a 3-4% per month but being able to sleep well at night is a good strategy...


I love it when someone answers my questions for me...

I have deactivated Tom's EA for the time being and am just running Forex Hacked on GU as I am closing this broker account, transferring the funds to a different broker and starting again. I am doing this more out of protest towards Dustin Pass and his crew of cronies - see the tumbleweeds blowing down the road here?!?! Notice the cobwebs?!?!

I've got a bone to pick with anyone that is in this business of forex to take others money and then not deliver proper support or responses to their customers. I for one will never buy or use anything from DP and his crew again, and I will be advising anyone I know now and in the future to avoid them like the plague.

I will continue to run Tom's EA in a low risk manner, and will probably stick to EU and EJ as I have seen reasonable results from these pairs in the past.
paulrozza
forex_trader_53345
Member Since Nov 13, 2011   53 posts
Aug 22, 2012 at 06:08
robotchallenge posted:
He switched to Forex Hacked. Hope it doesn't hack up the account.

No issues here - it is on such low risk it'd take a 2000 pip move in one direction to kill this account, so you can sleep easy at night and stop worrying about my account - which is soon to be moved to another broker anyways.
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