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Million Dollar Pips
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Jan 28, 2012 at 05:32
Well, I have ran a multitude of tests on FFM. It is similar to FGB. Long strings of BE and loss trading followed by huge wins. In 30 days, FFM should be showing a profit. In one week....you would just have to get lucky and have the big win hit....but it will most likely be followed by a long string of losses/BE trading. Definitely not for everyone, but it will work in the long run.
Tom'sEa WPFX LIVE
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Jan 28, 2012 at 05:23
Intelligence! Someone who understands proper risk management in dealing with martingale systems.
Thor Forex
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Jan 27, 2012 at 20:17
+6.2 pips for the mixed account. The slippage, if MDP is accurate, is avg 0.3 pip. So almost no slippage.
Forex Thor - LIVE
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ระบบการเทรด
Jan 27, 2012 at 20:10
It is a penny account. To get the accurate lot size, divide by 10. The dollar amount gained is correct.
Thor Forex
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Jan 27, 2012 at 19:48
Well, I have 2 accounts running thor currently. One is Thor only (which is open for public viewing) and another which is Thor and MDP combined (both running at reduced risk). MDP was a loser today, but Thor came in later and not only covered for the losses of MDP, but pushed the account back into the black for the day. The mighty hammer of Thor beat back the losses!
Tom'sEa WPFX LIVE
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Jan 27, 2012 at 11:03
Chances are it is a simple fix that will take about 60 seconds to resolve. They probably have a 10x multiplier where there isn't supposed to be one in an account type detection calculation.
Tom'sEa WPFX LIVE
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Jan 27, 2012 at 10:57
Just letting you guys know, when the risk is set to 1, and you are on a $10k account, it should open a 0.01 lot position. On a $100k account, the position should be 0.1 lot. I wasn't wrong before, and I am still not wrong. The support guys need to know about this issue so they can get it fixed before someone blows their account.
Tom'sEa WPFX LIVE
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ระบบการเทรด
Jan 27, 2012 at 03:19
Interesting. From what I have seen, TEA generally opens a new position about every 50-60 pips (unless the market spikes). Assuming there is no market spikes, then that gives a margin call before you even reach 600 pips. But hey....look at the bright side.....at least you don't hit the stoploss this way!😀
Tom'sEa WPFX LIVE
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Jan 27, 2012 at 01:26
Go back and read through the thread. You will see my discussion. I don't really care if you believe me. I don't trade TEA. If you read through my previous posts detailing all this, you will understand why. Besides, everything I said has been accurate so far as being tested is concerned. I am not a broker, and I am not selling anything either. Plus, i am definitely not going to waste my time setting up another demo account and doing another 2-week trial of TEA. If you don't believe me, do it yourself. Then you will have results that you can't claim to be faked.
Tom'sEa WPFX LIVE
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ระบบการเทรด
Jan 27, 2012 at 00:39
I told everyone that the risk was wrong and nobody would believe me. The before purchase EA is hardwired to 10% on risk 1, 20% on risk 2 and 30% on risk 3. After you buy it, and receive the official purchased copy, the programming is changed to reflect the correct 1%, 2%, and 3% risk levels. Maybe it is a marketing tactic, maybe it is an honest mistake. Anyway, it was pointed out before, and now i am glad someone else has experienced it. Maybe they will fix it now.Anyway....I had ran many 99% tick data backtests, and if you run it on a $100k account, and the initial opened position is 1 lot, t...
Million Dollar Pips
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Jan 26, 2012 at 23:19
You will probably get some action during US Advance GDP tomorrow
Tom'sEa WPFX LIVE
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Jan 26, 2012 at 23:16
That sounds about right. If you don't have a huge equity pool, it adds up really quick when those larger positions open up. This is why everyone says martingales will blow your account eventually.
Tom'sEa WPFX LIVE
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ระบบการเทรด
Jan 26, 2012 at 23:14
You need to contact support immediately! I had a big discussion about this on this thread previously. The version of TEA you are using has the risk level set incorrectly. I am going to venture to guess that you have it set to risk level 1 correct? If so, then the version of the EA you are using is hard-coded to use a minimum risk of 10%. If you are using risk 1 the initial opened lot size should have been 0.1 lot.
Tom'sEa WPFX LIVE
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ระบบการเทรด
Jan 26, 2012 at 21:41
Maybe, maybe not. Depends on risk sentiment at that time. The big risk-on the past few days ins the only reason it got this high. The real nightmare you gotta watch is the advance GDP tomorrow. I suggest everyone start praying For surprisingly poor numbers. A better than expected will send the EURUSD to new highs in this trend, but surprisingly bad numbers could cause a break down through 1.3000. My guess, is there will be a lot of stops clustered under 1.3080. If something can push the market far enough to hit those, we should get a nice free fall down to 1.3000. Then a nice risk aversion cou...
Tom'sEa WPFX LIVE
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Jan 26, 2012 at 21:18
Hopefully, the EURUSD will continue downward to hit some TPs. Now that some of you have the larger positions open...the risk will rapidly become apparent if the market continues with the uptrend. Who wants to break that 1.3080 shelf??😀
Tom'sEa WPFX LIVE
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Jan 26, 2012 at 08:32
Hmmmmm.....apparently a Goldman & Sachs analyst is predicting a move to 1.3800 over the next few weeks. 😀
Tom'sEa WPFX LIVE
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ระบบการเทรด
Jan 25, 2012 at 23:23
I just had another look at that account. i see what i missed. it has only been active since 1-17-12. That changes everything!😁
Tom'sEa WPFX LIVE
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Jan 25, 2012 at 23:20
Hmmm. I had thought it would be risk1. figured the growth would be much higher running 6 pairs.
Tom'sEa WPFX LIVE
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Jan 25, 2012 at 23:08
just thought I would do a quick follow up. At this time i have already taken profit on that EURUSD short. The market is having a lot of trouble break down, so I am now temporarily long biased.
Tom'sEa WPFX LIVE
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ระบบการเทรด
Jan 25, 2012 at 21:36
Yeah, the EU guys aren't going to like this deflation too much. I would expect to see a hefty pullback if not a serious turn in trend very soon. Maybe some intervention coming soon.... i am short the EURUSD @1.31084
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