Another update, this account is up 12 % in the 4 weeks it has been running. That is right through the melt down... Impressive.
DetailedStatement.zip 29 KB | 238 downloads
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DislikedAs I said earlier, this was a test, not using safe mode. So these trades were the worst they could be from the carry melt down. and yet still the account is up by about12%
I think that is pretty remarkable. Even with the huge drop. That is why there is draw down.Ignored
DislikedAs someone who knows nothing about forex options and only dabbled with stock covered calls a few times, this article got me thinking:
If with this system we never close the core position, could writing options on each pair further add to the return? The obvious point then of course would be that it has to be traded with a broker with forex options.
I could be way off track here, but thought I would be brave enough and ask anyway!Ignored
DislikedI tried the other pairs mentioned in the PDF file, the ones called more currency neutral. I finally closed it out after 5 days because it never fluctuated more than 10 pips from the original opening. I was using .2 mini lots, and when you open the trade you are about $40 down because of the spreads, but it stayed around -$45 for 5 days. Closed it out because it was boring and senseless if not moving. Just an observation, not a knock.Ignored
DislikedI am attaching a handy indicator to ue with this trade or any group of tradessuchas hedges. It lists your poistions, profit/loss, ebtry price, and accumulated swaps. Very hany if you are trading other methods in the same account. The only parameter you need to change is the TradeComment. In order for this to work, you have to open your trades with a TradeComment. I have Script to do that for CTrader. I got them from here and modified. Also here's a screen shot.Ignored
DislikedI cannot access to IBFX demo account any more ..any problem?Ignored
DislikedNo I changed the password. I am doing some different/better things with the basket and don't want to confuse anyone. Going to reduce the volatility even more. It currently stands at $133,800.Ignored