DislikedOK, I'll change that. I also want to see how the recovery strategy works. BTW, my demo closed another basket with no cutting of losers and, of course no recovery - now up 3.26% in about 12 hours.Ignored
It closed 6 baskets yesterday in the 12 hour period I have it running
Number of trades in each basket has been 5, 2, 3, 3, 8, 3, and it has of course been opening several trades at each check minute period ( up to 4 at a time )
No recovery trades
No close loser trades
I too have suffered because of the price movement during the time it takes trades to close resulting in all profit being lost. The larger the lot sizes the more of a problem this becomes
We all consider the large MMTU way too aggresive, but the one thing a combination of large MMTU and the 500:1 account is showing me is that it takes only a small movement in price to get the required pop
The flipside of this of course is it only takes a small move in the wrong direction for big DD and margin level problems .... I have not had this yet, and when it happens, as it surely will, I am going to see if I can ' control ' the margin level by cutting trades as I have described before, to avoid close losers and extend the life of the basket until I get the small move in the right direction
EDIT .... Should have said account is up 20% in 4 days trading ( or should that be gambling ! )
EDIT .... Turned Close Loser off, turned recovery off, don't need them for this test