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tneedham
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Forex Envy Power Edition
in
Trading Systems
Jul 13, 2012 at 16:36
I've been getting good results with PE using risk factor of 4 on long cycle and 2 on short cycles with all the freeze after take profits and news filter options turned off. That huge retraction made me quite a bit of money and actually lowered my drawdown.I also ran a demo account at 5 million and noticed that it trades like a MUCH smaller account. So if you have a really large account you can pretty much safely trade at risk level of 5 it seems. Tim Needham
Forex Envy Power Edition
in
Trading Systems
Apr 23, 2012 at 14:01
You might get away with .02 but if you use .05 I can pretty much guarentee your account will be toast today or tomorrow.Sure you'll make more money but your drawdown will go up faster than your profits..
Forex Envy Power Edition
in
Trading Systems
Apr 23, 2012 at 14:01
Last sunday I spent 5 hours with one of my 2 Tradefort VPS accounts connected to a dead comliink. So if you see a long period of no trades you might want to check to make sure that it's still on a live connection.
Forex Envy Power Edition
in
Trading Systems
Apr 19, 2012 at 11:20
Ok as for the leverage.. 200:1 would require a larger balance and a different set file. The trades aren't randomly placed but logic dictated by patern rules. When it takes losses it takes bigger wins at the same time in baskets of trades so you pretty much never get a reduction in balance. The old version had an issue with Long steady or Long Fast trends but I'm told that isssue has been fixed in this version. Tim
Forex Envy Power Edition
in
Trading Systems
Apr 18, 2012 at 10:34
Leverage is 1000:1 it's a penny account so every dollar is actuallly a penny. This broker only allows 1000:1 leverage up to 1K.So it will be interesting to see how they handle this account when they cross that liine. Which won't be long at this rate. Tim
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