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Pipper27
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Pipper27
eurgbp-scalping(1)
in
Trading Systems
Apr 20, 2010 at 01:22
SG, I noticed you have some substantial live accounts and use brokers outside of the US. May I ask which brokers you use.
Bogie-HedgeHog-v4g
in
Trading Systems
Mar 21, 2010 at 06:45
Time to go live, no?
Bogie-HedgeHog-v4g
in
Trading Systems
Mar 21, 2010 at 06:36
PC, is this your account? Hey, definitely agree with you. You have my fullest respect. Congats 😎
Bogie-HedgeHog-v4g
in
Trading Systems
Mar 21, 2010 at 04:08
That being said though, I do hope that Wackena comes back with this one. Best of luck to you Wackena.
Bogie-HedgeHog-v4g
in
Trading Systems
Mar 21, 2010 at 04:06
Yep. That's the only way you can do it in the long term. Huge account, small gains. That is the only way so far that I know of. There is no free lunch, even in Forex.
Bogie-HedgeHog-v4g
in
Trading Systems
Mar 20, 2010 at 21:21
Wayne, it seems that it will not take the trades opposite an existing position (meaning that it will wait to get in profit or get stopped out first.) you could hedge this way, but it will only reduce your risk in very minimal way compared to the negative balance you would be running on your last martingale trades (like trade 3 and 4).
Bogie-HedgeHog-v4g
in
Trading Systems
Mar 20, 2010 at 17:41
Wayne, yes, I am thinking about it now actually. That's the key which would make this EA successful in a long term, but it is a difficult task to find something which hedges the whole exposure or a large % of it. I am sure that Wackena and the individuals who made this EA have already tried finding ways to do this.
Bogie-HedgeHog-v4g
in
Trading Systems
Mar 19, 2010 at 15:44
Wackena, you mentioned that a full loss would be 25%, however, it ic currently in a larger drawdown then 25% and some of the trades are in over 150 pips drawdown. Could you pls. comment on how the 150 stop works (is it only on the 3rd and 4th trades). Because 150 or 250 stop on a Martingale (say on trade #4) could wipe out more then a 150 or 250 stop on the first trade when the number of lots is smaller. Your feedback is really appreciated. Best regards.
Bogie-HedgeHog-v4g
in
Trading Systems
Mar 18, 2010 at 20:51
You're a good man Wackena. Thank you for sharing the EA links with others and your kind support to everyone here. Best of luck to you and your account on myfxbook!Kind regards.😄
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