A Secret (Od hitescape)
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A Secret Diskusia
Členom od Sep 02, 2009
21 príspevkov
Apr 09, 2010 at 00:37
Členom od Sep 02, 2009
21 príspevkov
This is part of a subscription group and it definitely isn't worth paying for. Fortunately it was trading 0.01 lots on a live account but even at that level, it doesn't warrant the time to maintain it on my VPS. You can say good bye to it at the end of April.
Členom od Sep 02, 2009
21 príspevkov
Apr 10, 2010 at 14:06
Členom od Sep 02, 2009
21 príspevkov
This is another example of a scalping EA that performs very well on demo but does not make the transition to live. If anyone is considering using a scalping EA, they need to test it live otherwise they are just wasting their time.
Členom od Sep 02, 2009
21 príspevkov
Apr 14, 2010 at 22:53
Členom od Sep 02, 2009
21 príspevkov
In the book 'Trading in the Zone' which really is about the psychology of money management, Mark Douglas gives a test for any trading system. Use the exact system for 20 trades. Trade 2% of your account balance on each trade. At the conclusion of 20 trades, if you have not made a profit, you don't have a trading system. So 90 trades later, I'm down 1.4%(**) so it is time to pull the plug. Thankfully this has excellent money management and for that reason the account still has 98% of the balance. But, it isn't making money. So either the mathematics behind the book are flawed or this EA is not going to achieve its stated objectives of 10% or more per month.
(**) This system was started on March 1 after the account had lost 9% from previous trading.
(**) This system was started on March 1 after the account had lost 9% from previous trading.
*Komerčné použitie a spam nebudú tolerované a môžu viesť k zrušeniu účtu.
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