Many thanks SIR. Your posts are very much appreciated and enjoyed.
Kind Regards,
P.S. For anyone new to this thread, thinking scooby-doo is a great dane who is scared of his own shadow, you are very much mistaken. He is a very experienced PROFESSIONAL trader who has extensive knowledge of Forex markets and his specialization is JPY. Listen carefully to what he has to say.
I am just very lucky that I can trade using other peoples money. Because believe me if it were my own then I probably wouldnt enter half the trades that I do.
Cheers
Scoobs.
@bluemele
are you having the same result on your testing of phover's panel?...
Shag,
I did just have a couple of double entries opened... On the platform which concerns me.... First time... CADJPY and GBPJPY, but it could of been from me rebooting while the EA had already fired... Probably my mistake!
as for me, i'm not sure if it's opening more positions because of all 7 EA's enabled, but the comment shows everything is still traded w/ EA#1.that was my question.
I'll lower the lot size of the other EA and try to add maybe 3 more pairs. I'm running this on a netbook w/ limited resources. mt4 crashes when i open more than 15 charts hehe.
Honestly, even with demo you won't get an accurate depiction of this system. You may just have the x best pairs or the x worst pairs etc...
Or, go live and pay for a new computer!
I am getting ready go live with my 30K+ account on this finally with ATC brokers. Very excited!
Most I have risked thus far is about 4K.
$1 lots or 1 mini or .1 ===== 30K of dollars for me..
expecting 2k Pips per month = 2,000 / 30K = 6.6% return === hell yah...
DD = < 10%
wooohoooo.... Lovin it....
how did you arrive at these numbers?
if we could take 30k usd and add 70% to that per year, compounded for 10 years..... that's 6 million usd.
pretty good eh!!
@Zr-fx
no need to apologize, i understand this. I'd just like to evaluate how it holds up fully automated....
Client?
If you are a UK tax payer you probably own most of the bank anyway -
My employers didnt take a penny of UK tax payers money in the bailout. We were lucky enough to have plenty of reserve capital, although after some trades I placed on Monday that may no longer be the case!!!!.
Scoobs.
LOL - we will keep our fingers crossed for you Scooby ....
As to the infamous bail out, some may argue that by allowing the 'old' system to survive all banks have been subsidised, either directly or indirectly.
@Zr-fx
no need to apologize, i understand this. I'd just like to evaluate how it holds up fully automated. I won't advise anyone to even do this on live. We're here to learn and i'm certainly not preaching.. more of experimenting.
i know currently it's not meant to be used this way, but up to this point it seems that it's holding up pretty well. Better implementation of automating the recovery trades might make it better. I'm not keeping my hopes up coz it might not be in line w/ Phover's goals.
you can follow the results of this demo here.
http://www.mt4i.com/users/karlowe_ong...
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