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Mouradh
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Mouradh
sPhantom Auto Trader
in
Trading Systems
Mar 31, 2014 at 21:48
I guess we all try to make use of the money we pay in a way or another, less experienced traders won't even be able to chose the right entries to lay recovery trades, otherwise they would be doing it manually.The main problem, we use minimum lots in grid trading [even without martingale] to overcome the peak of the swing, and they trade like hell with hundreds of pips each month, but as you said, with Sphantom, people trading 0.1 and 0.2 lots on 1k accounts, and if they traded 0.01 lots, the EA would be useless for 10 pips per 1 or 2 trades.EDIT: I forgot to mention, that other grid trader...
sPhantom Auto Trader
in
Trading Systems
Mar 31, 2014 at 20:19
So what good is it? Many free grid traders are available that can do much better than this, and they're fully automated
sPhantom Auto Trader
in
Trading Systems
Feb 06, 2014 at 11:55
Yes, it's good that the vendor didn't run away. And as Ben said, the most proper way to benefit from this signal is that you use a money as if you were gambling.I say use high risk with a less deposit and withdraw profits after each trade if you can. Because the accuracy of the entries are amazing 99% of the time, but you'll get busted by the remaining 1%
sPhantom Auto Trader
in
Trading Systems
Jan 31, 2014 at 11:00
That's why god created MAE/MFE ...
sPhantom Auto Trader
in
Trading Systems
Jan 08, 2014 at 16:07
I guess at the end of the day, this is a grid trader, and when I use grid traders I set my SL = 500 pips, but they're frequent traders, not the same style of sphantom. I recall the vendor saying this is an emergency SL and the software will close the positions before it hits the full 250 pips SL.Scroll back the pages you'll find him saying the exact words of yours!
Forex Earth Robot FX Pro
in
Trading Systems
Dec 03, 2013 at 00:17
HelloIs it another trade copier?
sPhantom Auto Trader
in
Trading Systems
Nov 20, 2013 at 12:36
USD is gaining some strength now, sell trades might go profitable or at least BE soon
sPhantom Auto Trader
in
Trading Systems
Nov 08, 2013 at 21:14
Even if it's the same owner of FX papa... They lost because they didn't pay attention to news. but now, they don't trade news or Fridays! and they're doing well since May!
sPhantom Auto Trader
in
Trading Systems
Nov 08, 2013 at 15:22
That might be the problem..... any broker recommendation to avoid this? because if it took place in the opposite direction [the move is heading towards SL] it'd be disastrous! Thank you all!
sPhantom Auto Trader
in
Trading Systems
Nov 07, 2013 at 22:39
HahaaaYes, I know..small profits and small risk are better than the bigger ones.What I meant is: the price first made a huge move in your favor [+130 pips] then retraced back to 10 pips and the software closed the trade.It means: we had initial 10 pips move that the EA didn't react to and it reached 130 then came back to 10, only then the EA reacted and closed the trade.. So I'm not asking why the software didn't stay in the trade, I'm asking: Why it didn't close earlier at 10 pips and waited to move 130 pips [in our favor] then came back to 10 pips!What I'm afraid of: ...
sPhantom Auto Trader
in
Trading Systems
Nov 07, 2013 at 17:56
Dear Sphantom.. the last trade track shows that price went in your favor for 137 pips, but EA didn't close the trade then, it waited and closed it only for profit of 9 pips! what's the point???
sPhantom Auto Trader
in
Trading Systems
Nov 06, 2013 at 15:46
At first I thought it calculates lot size as usual using leverage... EtcBut it just takes the percentage from your initial deposit, no matter what leverage you're usingSo 10% of 3000 = 0.3And this will apply to the recovery trade also. So your positions are 2 x risk factorSl for first position is 250 and if it opened a recovery position away from the first one by 30 pips, its SL would be 220.. And so onThats how we should calculate our potential risk and floating dd
sPhantom Auto Trader
in
Trading Systems
Nov 06, 2013 at 06:59
Well done, I've been watching the last two trades for more than 8 hrs.. they closed in overall profit.Good job!
Hyper EA 2.4
in
Trading Systems
Nov 05, 2013 at 07:30
I mean: ninja news not trades. Sorry
Hyper EA 2.4
in
Trading Systems
Nov 05, 2013 at 07:30
Ok, I thought you stopped using this ea. I'm willing to buy this ea but I need to ask about something:Does the program have a dynamic SL? And what about the news filter? Does the program recognizes the spread widewning during ninja trades like what happened in july?20 pips monthly mean that we have to use bigger lot sizes, what leverage and broker and account type do you recommend?Thank you!
Hyper EA 2.4
in
Trading Systems
Nov 02, 2013 at 09:03
HelloWhy did EA stop trading since Oct. 16?
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