DislikedVery risky... you go from .01-.02 to .10? That is 5x the amount of risk and margin.Ignored
Grabbing the bull by the horns!
Need explanation on Good boy EA 0 replies
Lazy Boy Day Chart Strategy 35 replies
blue boy system 35 replies
new boy 10 replies
DislikedVery risky... you go from .01-.02 to .10? That is 5x the amount of risk and margin.Ignored
Dislikedproblem is the smallest i can trade on GO markets is 0.01 on standard which means dimes....
maby i should clarify when im saying im trading dimes on a $3000 account its in aussie dolalrs so its roughly $5000 US...still too risky?Ignored
DislikedI don't know white... I'd test it in demo and see how the account is when it is near/in a death trade.
On another note.... nanning what happen to your aud/nzd live account? I don't see it in the top 100s even though you were 20th yesterday. Did you get a death trade? I've had a stellar past two days.Ignored
DislikedGetting near death trade is something that everyone should get used to. If u never got a death trade in demo account, don't trade live becoz u don't see what's coming in death trade.
Especially in live trades, when u are 1 - 2 level away from death trade, the psychological will kick in hard into u. U don't know whether to cut loss or stick till the last level until it blow up. For those who is new to this should really learn how the EA behaviors and try to baby sit the EA from the moment u turn on the EA. U will learn a lot by observing how the...Ignored
DislikedI took a loss yesterday so I asked for my 500 dollars in profit and exited the contest. I knew I had gotten beat and wasnt going to place high. The AUD/NZD did not cause the problem, I was also trading the EUR/CAD and it never retraced. So I took my loss of 300 dollars and took my profit for the month. I also took 400 from my other account so I am getting 900 dollars for the month. I was looking at a 1000 and 500 until last night but 900 is ok since I only started with 500 in one account in late OCT. I will start a new thread this weekend and write...Ignored
DislikedIt isn't pennies though you said it was dimes. Pennies and dimes are a big difference with this system.Ignored
Dislikedhmmm surely if i run pennies on an account with 5 grand it cant get blow up easily??Ignored
Dislikedsorry my mind runs a bit quick, that was a follow up question, jsut looked on fxcm, they run micros and can have the defulat account in aussie dollars
$5000 on pennies or 0.02 would be fairly safe considering i dont play the US session??Ignored
DislikedI think so... to be perfectly honest I don't use 100x80 on the different pairs. I only trade Aud/nzd. I have been around the thread though and have demoed it.
On that note, I think you would be 'fairly safe' as far as margin requirments go. As far as how many pairs, times, and lot sized under .05 as your max I think it something you need to decided. I reccomend demoing different lot sizes, etc treating it live for at least a month. I know it seems like a long time, but it gives you the chance to experience some of the different ways the market...Ignored
DislikedIMO, in longer term, it's not about blowing up live account, it's about blowing up the trades. If the trades reaches last level and it hit another level, all trade will be close will a loss, we are talking about a loss which clear out most/all of ur profit u previously earn slowly everyday.Ignored
DislikedOne thing to take note for everyone. Demo and live trade have slightly different results. Sometimes, ur trades in demo account TP and ur live account don't TP (both switch on EA at the same time).
If u have success doing demo, use cents to further live trade demo before u use dollar.Ignored
DislikedI run an ibfx demo and an ibfx live account together and I have noticed a very 'slight' difference in tp/sl orders.
By slight I mean there is about a 15$ balance different for a month of trading. That isn't horrible in my mind, althought it would suck if say the one trade your live account misses that your demo makes happens to be the death trade one.Ignored
Dislikeddamnit that close all positions thing doesnt work for me.... i put it into experts>scripts. Then i relaunched mt4 and then double clicked it and keeps coming up with an annoying failed to close bell... any tips?
now ive added a new one and i double click to add to chart then it does nothing? am i missing something?Ignored