Forex Grid Trader V 1.0 (de sheriftaher)

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Discussion Forex Grid Trader V 1.0

Jun 18, 2012 at 20:22
Vues 3,876
43 Replies
Membre depuis Dec 08, 2010   posts 140
Jun 21, 2012 at 21:28
hi friend,

you mean you trade about 9 currency pairs on a $330 deposit to produce such high yield?
Courage is not the absence of fear,but rather the judgement that something else is more important than fear
rob559
forex_trader_29148
Membre depuis Feb 11, 2011   posts 1916
Jun 25, 2012 at 19:20
i think you are under risked,😂
Membre depuis Oct 25, 2009   posts 19
Jul 03, 2012 at 14:17
hehe Nice way to trade. Just use the high margin and withdraw each month. Who care if it kill the account. This Forex Grid Trader V 1.0 where did you get that? Can you guide me in the right direction?

Thanks
Membre depuis Apr 26, 2012   posts 50
Jul 03, 2012 at 19:45
You can get it from www.forexgridtraderea.com

Thanks.


   smeden posted:
   hehe Nice way to trade. Just use the high margin and withdraw each month. Who care if it kill the account. This Forex Grid Trader V 1.0 where did you get that? Can you guide me in the right direction?

Thanks

"Slow and steady wins the race!" [] Please do not over leverage or overtrade your account with heavy lotsizes
Membre depuis Dec 08, 2010   posts 140
Jul 04, 2012 at 19:05
what settings is used here? as no drawdown is visible with the GBP freefall today!😕
Courage is not the absence of fear,but rather the judgement that something else is more important than fear
Membre depuis Oct 25, 2009   posts 19
Jul 04, 2012 at 19:10
do you run it with higher risk? Than normal?
Membre depuis Dec 08, 2010   posts 140
Jul 04, 2012 at 19:34
$2500 deposit, 0.01 lot (1 pip=10 cents)and default settings? this will give about 25% returns monthly. Is this high risk??
Courage is not the absence of fear,but rather the judgement that something else is more important than fear
Membre depuis Oct 25, 2009   posts 19
Jul 04, 2012 at 20:32
25% a month? You made 800+% in one month? How do you explain that? Is it just a very good month?
Membre depuis Dec 08, 2010   posts 140
Jul 04, 2012 at 20:45

   smeden posted:
   25% a month? You made 800+% in one month? How do you explain that? Is it just a very good month?
https://www.myfxbook.com/members/leverconsult/fgt/338413
The 800+% a/c is not mine friend. See the link to my account above😄
Courage is not the absence of fear,but rather the judgement that something else is more important than fear
Membre depuis Oct 25, 2009   posts 19
Jul 04, 2012 at 20:58
yeah sorry... I did see that after I posted.
Membre depuis Dec 08, 2010   posts 140
Jul 05, 2012 at 09:34
Hi Sherrif,

Do you mind sharing the settings you use here? Do you decide which direction to trade or you trade both long and short at all times?

Thanks for sharing
Courage is not the absence of fear,but rather the judgement that something else is more important than fear
Membre depuis Feb 15, 2012   posts 202
Jul 05, 2012 at 09:38
I think he uses default settings (0,02 lots) and I think this is VERY risky, he has to withdraw regularly
About direction I think yes he has 2 charts one long only one short only
Membre depuis Dec 08, 2010   posts 140
Jul 05, 2012 at 09:55

   zyrt posted:
   I think he uses default settings (0,02 lots) and I think this is VERY risky, he has to withdraw regularly
About direction I think yes he has 2 charts one long only one short only
Thanks zyrt. Do you think he runs both charts (long & short) at the same time? Right now Gbpusd is trending down and he doesnt appear to have equity drawdown.
That suggests to me that he's right now trading only short- meaning some form of intervention. Open trades are private so we cant really confirm for now.
Courage is not the absence of fear,but rather the judgement that something else is more important than fear
Membre depuis Feb 15, 2012   posts 202
Jul 05, 2012 at 10:05
I think he runs the EA as it is designed to be, so, yes, 2 charts, one long, one short
He has probably quite high DD now
But he plays too big money so he can continue like this if he withdraws, because soon or later, account will blow
To be safe you must have 25000usd (use cents), starting 0,01
Membre depuis Jul 20, 2011   posts 23
Jul 05, 2012 at 15:39
Lever, we can see current equity on each account which gives a good clue.

I just took a quick look at Sherifs, Levers and the official real FXClearing account to compare
https://www.myfxbook.com/members/FxGridTraderEA/forex-grid-trader-ea-fx/294047

Sherif
Current equity = 100.98% so currently no DD.

Official real FXClearing account
Current equity = 97.08% so currently very small DD.

Leverconsult demo
Current equity = 58.75% - we can see you have 12 Buy trades in big DD.

It looks like Sherif is using default settings same as the official account just with higher risk . Do you know why yours is doing so badly Lever?
Membre depuis Feb 15, 2012   posts 202
Jul 05, 2012 at 15:56
And why Sherif has no DD? Maybe the EA has sell GBPUSD?
I also have big DD now
Not worried as I have big equity and high leverage
and the more DD we have, the more winning we'll have
but still

Also I dont understand how FXclearing can win so much starting only 0,01

Membre depuis Jul 20, 2011   posts 23
Jul 05, 2012 at 16:04
Zyrt is yours similar to Levers? Because the official account has just 3% DD now.

I think 1:1000 leverage has something to do with the good results on FXclearing ;)
Membre depuis Feb 15, 2012   posts 202
Jul 05, 2012 at 16:28
Official account has 3% DD but he has 25K balance ! So, it is normal
I also have 25K balance in one of my 3 accounts

Fxclearing doesnt have 1000 but 500 leverage

And leverage doesnt affect results, just it allows to open positions with less money
Membre depuis Dec 08, 2010   posts 140
Jul 06, 2012 at 12:34

   soulfire posted:
   Lever, we can see current equity on each account which gives a good clue.

I just took a quick look at Sherifs, Levers and the official real FXClearing account to compare
https://www.myfxbook.com/members/FxGridTraderEA/forex-grid-trader-ea-fx/294047

Sherif
Current equity = 100.98% so currently no DD.

Official real FXClearing account
Current equity = 97.08% so currently very small DD.

Leverconsult demo
Current equity = 58.75% - we can see you have 12 Buy trades in big DD.

It looks like Sherif is using default settings same as the official account just with higher risk . Do you know why yours is doing so badly Lever?

i use default settings,0.01 lot(1 pip=10 cents), fxprimus standard account on $2500. This was FGT guys recommendation.

Is this too risky-pls comment everyone.
thanks
Courage is not the absence of fear,but rather the judgement that something else is more important than fear
Membre depuis Feb 15, 2012   posts 202
Jul 06, 2012 at 12:39
Sure, if you use 0,01 and you want to stay months before blowing, you need at least 10-12K balance
On last 8 months maximum DD, starting 0,01, was 9-10K

Personally I have 25K balance
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