FFEA2 (By FFEA)
| Gain : | +188.9% |
| Drawdown | 93.74% |
| Pips: | -21931.0 |
| Trades | 12209 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:200 |
| Trading: | Unknown |
FFEA2 Discussion
May 31, 2010 at 04:10
933 Views
3 Replies
Member Since Oct 28, 2009
1430 posts
Aug 02, 2010 at 12:16
(edited Aug 02, 2010 at 12:18)
Try reading the description. Couldn't really be easier in my opinion.
It's a martingale system
It's a martingale system
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Feb 16, 2010
1332 posts
Aug 02, 2010 at 12:21
It is martingale, watch out!!!
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Aug 02, 2010 at 14:25
https://www.freeforexexpertadvisor.com
This is a martingale system. Demo, demo, demo. Patience, patience, patience.
Restrict total orders based upon your account balance. It is tempting to want to increase the initial bet size when you are having a bunch of small winners. Don't. The betting system is exponential, you must have the capital to do this.
Give yourself enough extra margin to manually trade back on reversions from a losing position. The goal being to make a bigger gain or take a smaller loss.
I sometimes take profit early manually. when I do this I also manually adjust the take profit of thr remaining open orders if necessary to avoid a loss.
You must take responsibility and be aware of your money management. The truth is that just about any system will be profitable if you use proper money management with it. You must know how much you are betting. How big of a point turn against you you have before a margin call. Once you know this you must accept the risk you have chosen. Even if you have a fully automated system that handles MM automatically you should make yourself aware of the risks it is taking on your behalf.
My first fully automated EA will be ready to demo soon!
Best Luck Trading,
Christopher
This is a martingale system. Demo, demo, demo. Patience, patience, patience.
Restrict total orders based upon your account balance. It is tempting to want to increase the initial bet size when you are having a bunch of small winners. Don't. The betting system is exponential, you must have the capital to do this.
Give yourself enough extra margin to manually trade back on reversions from a losing position. The goal being to make a bigger gain or take a smaller loss.
I sometimes take profit early manually. when I do this I also manually adjust the take profit of thr remaining open orders if necessary to avoid a loss.
You must take responsibility and be aware of your money management. The truth is that just about any system will be profitable if you use proper money management with it. You must know how much you are betting. How big of a point turn against you you have before a margin call. Once you know this you must accept the risk you have chosen. Even if you have a fully automated system that handles MM automatically you should make yourself aware of the risks it is taking on your behalf.
My first fully automated EA will be ready to demo soon!
Best Luck Trading,
Christopher
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