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  • #1,721
  • May 19, 2020 3:39am May 19, 2020 3:39am
Yep, yesterday got a huge loss on gbpjpy.... at the end would be a winner but hit SL. Third trade would be like 3.24 lot if 18x.. that’s insane. I stopped it before.
Martingale is always a loss at long term...

I think your grid method is much much much much better and profitable.
  • #1,722
  • May 19, 2020 4:02am May 19, 2020 4:02am
Quoting di3seL
Yep, yesterday got a huge loss on gbpjpy.... at the end would be a winner but hit SL. Third trade would be like 3.24 lot if 18x.. that’s insane. I stopped it before. Martingale is always a loss at long term... I think your grid method is much much much much better and profitable.
I agree the grid method is profitable in the long run
  • #1,723
  • Edited 9:10am May 19, 2020 4:18am | Edited 9:10am
Quoting di3seL
Yep, yesterday got a huge loss on gbpjpy.... at the end would be a winner but hit SL. Third trade would be like 3.24 lot if 18x.. that’s insane. I stopped it before. Martingale is always a loss at long term... I think your grid method is much much much much better and profitable.

mine hit s/l on 3.24 (-$677.04).... wonder if it will try 50 lots next time!? (Account would not handle it unless I pumped in more)
  • #1,724
  • May 19, 2020 5:05am May 19, 2020 5:05am
To those of you that remember... I did release a stop loss version of the RMI EA back about a year ago. The same thing happened when I released that one. People just hate seeing losses and they complain. They want a SL in a strategy but in reality, they hate to see it EVER hit. This was another reason why I built EA's that incorporate no SL because most people can't even handle a -10% SL which is what we're sitting on right now. Yes, we had a bad day of trading yesterday but until the strategy has more than 3 losses in a row on the same pair, (which it hasn't yet) then we're still good to go here. So people need to calm down and let to strategy work until we ACTUALLY have something to complain about...
  • #1,725
  • May 19, 2020 6:22am May 19, 2020 6:22am
Can a $1000 account withstand the 3rd increase in lot size after 2nd SL is hit? Especially if there is another pair waiting to take on the 2nd lot size increase due to a loss on the 1st run?
  • #1,726
  • May 19, 2020 11:32am May 19, 2020 11:32am
Hey @cubbybgood,

I saw some of your Youtube videos, and I ended up here. I'm looking for some passive income, nothing big, just steady and growing.

I have MT4 set up, and I'm running Yellow Free, because it's free. I saw you were giving away some stuff for free, but I can't find it on your website.

Any help would be great!
  • #1,727
  • May 20, 2020 3:47am May 20, 2020 3:47am
Quoting Cubbybgood
To those of you that remember... I did release a stop loss version of the RMI EA back about a year ago. The same thing happened when I released that one. People just hate seeing losses and they complain. They want a SL in a strategy but in reality, they hate to see it EVER hit. This was another reason why I built EA's that incorporate no SL because most people can't even handle a -10% SL which is what we're sitting on right now. Yes, we had a bad day of trading yesterday but until the strategy has more than 3 losses in a row on the same pair, (which...
With that 3 in a row losses for a 1000$ account would be down like 70% not 10....
Anyway just sharing my opinion about how much better I think it is your RMI EA trading strategy....
  • #1,728
  • May 20, 2020 3:59am May 20, 2020 3:59am
Quoting di3seL
{quote} With that 3 in a row losses for a 1000$ account would be down like 70% not 10.... Anyway just sharing my opinion about how much better I think it is your RMI EA trading strategy....
Ive been running it since 11th May. I was up 7.43%, now down 54.88% and win/loss ration plunged from 94% to 74%. Happy to see how it recovers tho.

Has recovered NZDUSD, EURJPY and USDCAD (didnt cover commissions tho), but not the GBPJPY yet...which I assume will try at 50lots.
  • #1,729
  • May 20, 2020 7:04am May 20, 2020 7:04am
I don't see any free download options from the website? (update: nevermind found a free demo account option)
  • #1,730
  • May 20, 2020 7:33am May 20, 2020 7:33am
I see that on myfxbook https://www.myfxbook.com/members/lil...orexea/5373478

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 25 KB


there are 3 losing trade on audusd, how ea runs that? On low capital can be dangerous
  • #1,731
  • May 20, 2020 11:40am May 20, 2020 11:40am
Quoting Irclumet
Hey @cubbybgood, I saw some of your Youtube videos, and I ended up here. I'm looking for some passive income, nothing big, just steady and growing. I have MT4 set up, and I'm running Yellow Free, because it's free. I saw you were giving away some stuff for free, but I can't find it on your website. Any help would be great!

You can try all our EA's on demo accounts. You will need to get the free license keys off the website though.

Bestfreeforexea.com
Attached File(s)
File Type: zip RMI V9, RMI PRO V4 & Pinpoint EA (demo).zip   2.0 MB | 1,182 downloads
  • #1,732
  • May 20, 2020 11:43am May 20, 2020 11:43am
Quoting di3seL
{quote} With that 3 in a row losses for a 1000$ account would be down like 70% not 10.... Anyway just sharing my opinion about how much better I think it is your RMI EA trading strategy....
Yes, you are correct if the 3rd trade loses. Which id didn't.... I had 2 losses on the GBPJPY and the 3rd one was a winner. I also had a loss on the USDCAD. The 2nd trade was a winner. The AUDUSD has still not taken it's 2nd trade yet.

Yes, we're in trouble if the 3rd loss is hit but in testing, none of the pairs hit the 3rd loss in a 5 year test period. Doesn't make the strategy bullet proof but it does give the strategy some validity.
  • #1,733
  • May 20, 2020 11:43am May 20, 2020 11:43am
Quoting Wabbit169
{quote} Ive been running it since 11th May. I was up 7.43%, now down 54.88% and win/loss ration plunged from 94% to 74%. Happy to see how it recovers tho. Has recovered NZDUSD, EURJPY and USDCAD (didnt cover commissions tho), but not the GBPJPY yet...which I assume will try at 50lots.
I've had recovery wins on the GBPJPY and the USDCAD so far.
  • #1,734
  • May 20, 2020 11:46am May 20, 2020 11:46am
Quoting florent522
I see that on myfxbook https://www.myfxbook.com/members/lil...orexea/5373478 {image} there are 3 losing trade on audusd, how ea runs that? On low capital can be dangerous

Yes, this is exactly why I wrote a thought out PDF manual for each EA so people know how to use it correctly. Don't be lazy, read the manual so you're not over-risking your accounts.
  • #1,735
  • May 20, 2020 11:48am May 20, 2020 11:48am
I always think it's sooo interesting to here nothing when my EA's are smooth sailing with profit then ANY kind of DD or a SL gets hit, people start crying murder. It's all but a bit frustrating... People need to calm down and be patient!
  • #1,736
  • May 20, 2020 12:27pm May 20, 2020 12:27pm
I for one can say that the RMI Pro for me has been working well since demo over into Live now. DD is minimal and making stable safe profits on the default recommended settings. As with any style of trading (manual or bot) we have to take the rough with the smooth - can't expect to win all the time. Keep up the solid work Cubbybgood, looking forward to your future work as well
  • #1,737
  • May 20, 2020 3:04pm May 20, 2020 3:04pm
Quoting Cubbybgood
{quote} Yes, this is exactly why I wrote a thought out PDF manual for each EA so people know how to use it correctly. Don't be lazy, read the manual so you're not over-risking your accounts.
I see to 0,01 for 1000$ leverage 500:1

On default setting where the trades close if trade continue to opposite direction?
  • #1,738
  • May 21, 2020 4:08am May 21, 2020 4:08am
Quoting rated1984
I for one can say that the RMI Pro for me has been working well since demo over into Live now. DD is minimal and making stable safe profits on the default recommended settings. As with any style of trading (manual or bot) we have to take the rough with the smooth - can't expect to win all the time. Keep up the solid work Cubbybgood, looking forward to your future work as well

Thanks for the post rated1984!
  • #1,739
  • May 21, 2020 4:09am May 21, 2020 4:09am
Quoting florent522
{quote} I see to 0,01 for 1000$ leverage 500:1 On default setting where the trades close if trade continue to opposite direction?

That's correct on the 0.01 starting lost on a $1000 500:1 account. Not sure what you mean by the 2nd question though...
  • #1,740
  • May 21, 2020 5:04am May 21, 2020 5:04am
Quoting Cubbybgood
{quote} Yes, you are correct if the 3rd trade loses. Which id didn't.... I had 2 losses on the GBPJPY and the 3rd one was a winner. I also had a loss on the USDCAD. The 2nd trade was a winner. The AUDUSD has still not taken it's 2nd trade yet. Yes, we're in trouble if the 3rd loss is hit but in testing, none of the pairs hit the 3rd loss in a 5 year test period. Doesn't make the strategy bullet proof but it does give the strategy some validity.
I would prefer to lose wrong trades and continue normally... is this the strategy of rmi pro?
or can we set multiplier to 1?? Or it will ruin the strategy?
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