flopps's Posts - Page 2

Tom'sEa WPFX LIVE in Trading Systems Feb 03, 2012 at 10:12

You can log in from multiple locations... you just have to do so as a "console". I believe this issue was fixed with newer versions of Windows server

Tom'sEa WPFX LIVE in Trading Systems Feb 03, 2012 at 05:14

Those who are getting double trades.....Are you running the EA on a VPS? If yes... is your VPS running windows 2003 server? If yes.... the problem with windows 203 server is that it allows multiple log-ins. So when you log-in via your PC or Mac and DON'T log on as "Console" you are creating 1 log-in season. If you were then to log in to your VPS on your iPad (for example) or different computer and don't log on as "Console" then it is distinctly possible that you have started a new season. So when you open up MT4 the the second time you log in, you will end up wit...

Tom'sEa WPFX LIVE in Trading Systems Feb 02, 2012 at 14:27

@cwave400:1 is ok.... 500:1 is better@statmanI don't think anyone said 400:1 was a REQUIREMENT according to the website.... I just said I wouldn't trade with anything less with this particular EA. Personal opinion only.

Tom'sEa WPFX LIVE in Trading Systems Feb 02, 2012 at 04:56

@statman As I said.... sorry to hear that.I should have added in my post I have 500:1 leverage and wouldn't consider trading with anything less then 400:1. I don't live in the US, so not subject to NFA rules

Tom'sEa WPFX LIVE in Trading Systems Feb 02, 2012 at 03:41

Hello everyone....First of all.... Sorry for those that have experienced excessive DD or even a margin call. As an observation from keeping up to date with this thread and running TEA myself live since November, those who are having issues are those with very small accounts. Now I understand that not everyone can afford a 10K USD starting balance, however I'm sorry to say, but this is really the minimum one should start with.I started with a 10K account and ran the same pairs and risk settings as Toms live account. Once my account was up 30%, I withdrew all the funds, changed brokers an...

Tom'sEa WPFX LIVE in Trading Systems Jan 21, 2012 at 11:35

@tradingshedNot familiar with their spreadbetting account. Mine was a standard micro account. Personally i think they are a very good broker, however this particular restriction has forced me close all 3 accounts I have with them.

Tom'sEa WPFX LIVE in Trading Systems Jan 21, 2012 at 10:45

@tradingshedAlpari UK only allows a maximum and total of 2 standard lots to be open at any one time on their Micro accounts. Th don't allow less then 0.1 lots on their standard account. Hence the change.

Tom'sEa WPFX LIVE in Trading Systems Jan 20, 2012 at 07:20

For those following my account.... I have closed out all positions and have changed brokers from Alpari UK to IBFX Australia. Once Tom's EA is able to authenticate again, I will open my new account up for public viewing.

Tom'sEa WPFX LIVE in Trading Systems Jan 10, 2012 at 08:33

tradingshed.... to be honest I thought you could only run one license of Toms EA on one live account? Is this not the case?

Tom'sEa WPFX LIVE in Trading Systems Jan 10, 2012 at 03:59

FYI of those following my live account. I have removed the USDCAD pair today as it had just closed out a sell basket of trades and had only minimal open draw-down on 2 open trades. I plan on doing this to the other 3 pairs as well, when the EA closes out the majority or their trades. The reason is I will be moving to another broker, as Alpari UK only allows a total of 2.0 lots of you base currency to be open at any one time on a micro account. As I would like to increase my account size (due to the profitability of this EA), I can easily see that Alpari UK limit hit. Even with a relativel...

Tom'sEa WPFX LIVE in Trading Systems Jan 09, 2012 at 09:39

I would also like to know at least an approximate of when the next version of the EA will be out?Thanks

Tom'sEa WPFX LIVE in Trading Systems Dec 15, 2011 at 03:00

An update from my account.... In a little under six weeks I have achieved my ROI of $1997, so everything from now on (providing there is no blow out) is profit. I am happy with this EA and the amount of $$$ I paid for it.On another note.... sometime early in the new year I will be moving Tom's EA from my current broker Alpari UK to a different one. The reason is Alpari UK only allows 2 full lots of max of open positions on Micro accounts and since I plan on increasing my account size in the new year, that is not going to be sufficient.

Tom'sEa WPFX LIVE in Trading Systems Dec 05, 2011 at 09:40

This is the only EA I am testing live at the moment.

Tom'sEa WPFX LIVE in Trading Systems Dec 05, 2011 at 08:24

Thought I would provide an update for those not following my account. One month of live testing with four pairs on RL8 (RL2 each) and starting account balance of $10000.Aprox 14% GainDD of 2.2%Max DD on open trades aprox 12% (currently 3%)At this stage I'm looking at a ROI (paid 2K for the full license) of about 6 weeks. Still evaluating objectively for the full 2 month trial, but at this stage I'm very happy with this EA as a supplement to my other accounts.

Tom'sEa WPFX LIVE in Trading Systems Nov 29, 2011 at 08:49

All I can say is.... so far I'm very happy with this EA. Have been running live for 26 days and my account is up almost 12% with very little drawdown. My account is available for all to see.

Tom'sEa WPFX LIVE in Trading Systems Nov 22, 2011 at 02:53

tradingshed.... Sorry i should have made myself clearer regarding Demo. I used this EA in a Demo for the 2 week trial. What I meant by my statement is that for a long term evaluation of a EA "Robot", I believe it needs a live account. The only reason I chose a starting balance of 10K, was because I wanted to use the same settings/pairs etc as the developers account. The problem with Demo is that there is no slippage, no re-quotes and no spread variation. Now with this particular EA that probably doesn't matter so much, however I'm just looking for the most accurate eval...

Tom'sEa WPFX LIVE in Trading Systems Nov 21, 2011 at 12:10

craneliu ...... Thanks for the support. Let me be clear here. I realise the risks involved with a Martingale strategy, however I just don't believe in the value of a demo or small live account test. I'm testing this EA with the same initial deposit, same risk setting as the vendor on a a live account because I want results (good or bad) that I can use to accurately evaluate the EA. Let me make it perfectly clear to all those reading this post..... never test/invest a system with money you cant afford to loose!!!!

Tom'sEa WPFX LIVE in Trading Systems Nov 20, 2011 at 04:49

Ok now I'm starting to understand..... I am running 1.88 and it appears that some of the other posters here are running a different version. Full disclosure, this is the only version I have used. This was the version that was provided to me for the 2 week trial and I have used it ever since. I paid for the full lifetime version of the EA based on the 2 week trial. A I said before, I look at this purely from a business point of view. Based on my trail and my live account, I can expect growth of 10-12% per month. That gives me a ROI of less then 2 months. I consider that a worthwhile risk as...

Tom'sEa WPFX LIVE in Trading Systems Nov 19, 2011 at 18:44

After reading a few of the posts here I have decided to put my Tom's EA results open for public viewing. Unlike Toms live account I've allowed viewing of open trades. Mine is a real account trading exactly the same pairs , starting account size and risk as this one we we commenting on. I find tradingshed's post to be exactly as I approach this EA. I have been tading manually for 10 years and with a handful of EAs recently.... I treat trading as a business and I can afford to take significant losses on this account. I have only been live with Tom's EA for 18 days, but my re...

Tom'sEa WPFX LIVE in Trading Systems Nov 10, 2011 at 02:14

First of all... if you are using the EA properly it is imposable to make 85,000 in 3 days and certainly imposable to have a draw-down of 95,000 in 3 days.RTFM!!!!

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