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Xandi mysterious Pyramid

  • #1,241
  • Nov 21, 2013 3:50pm Nov 21, 2013 3:50pm
what a great start of the session! 5m tf, beautiful!!
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  • #1,242
  • Dec 20, 2013 12:07pm Dec 20, 2013 12:07pm
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  • #1,243
  • Edited 1:24pm Dec 20, 2013 1:12pm | Edited 1:24pm
one EA for buy, other for sell..testing both EA
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  • #1,244
  • Dec 20, 2013 4:09pm Dec 20, 2013 4:09pm
Quoting xandi
one EA for buy, other for sell..testing both EA {image}

seems you've already burnt several accounts with grid/pyramide/martingale system

what'different in this one from each other?
  • #1,245
  • Edited 6:14pm Dec 20, 2013 5:43pm | Edited 6:14pm
Quoting jimi
{quote} seems you've already burnt several accounts with grid/pyramide/martingale system what'different in this one from each other?
hmmm...all them testing many styles, similar to pyramid only 1 or 2, all of them on Demo and micro accounts... I was trying to find the best direction to enter the trade, with divergence and other indicators like bollinger..no great conclusions on that... I don´t remember following the written rules on 1st page... and using traling with help of EA, also did not that, until yesterday.
now Im using automated trailing buy/sell with pyramid on background, using EA, so as you can imagine, totally different, because humanily you cannot do trailing as a robot does...this was my original idea and EA developed on that way, so lets finnally test it fulltime..
if you trade the right pairs, with low leverage scaling and position, is extremely difficult to be burned.
if you start with micro account 100$, and if you want to start living with its profits, you will risk a lot more and be exposed to burn off much more easily, obvious,
and if you do withdraw often , when you reach 50% and 100%, you can also burn someday your account beause you will be on high profit eitherway...

ps: despite that, this TradeExplorer is not the perfect example I want to share, specialy on setting parameters like gap on scaling, etc..because of that reason I still have the pending orders private..soon it will be normalized..
  • #1,246
  • Dec 21, 2013 7:54am Dec 21, 2013 7:54am
Hi xandi

I hope you are well.

For me your first system was the one to go with, but I think that some rules were missing or they were there and you were not following them.

I'm not judging you, you know that I did the same mistakes.

Clear rules/conditions to enter and exit and very important when martingaling, pyramiding, not use too much leverage on your first trade.

Now, I see that you have two open trades going over the week-end with too much leverage. If you have a gap on monday, this can just blow up your account. Think about it.
Simplicity is the Ultimate Sophistication.
  • #1,247
  • Dec 21, 2013 9:02am Dec 21, 2013 9:02am
Quoting broketrader
Hi xandi I hope you are well. For me your first system was the one to go with, but I think that some rules were missing or they were there and you were not following them. I'm not judging you, you know that I did the same mistakes. Clear rules/conditions to enter and exit and very important when martingaling, pyramiding, not use too much leverage on your first trade. Now, I see that you have two open trades going over the week-end with too much leverage. If you have a gap on monday, this can just blow up your account. Think about it.

Hi Broke,

please, could you recap exactly all the rules you're talking about or when I can find it?

It's not a problem to me being disciplined if the system works and it is PROVEN.

thank you very much
  • #1,248
  • Dec 21, 2013 9:23am Dec 21, 2013 9:23am
Hi jimi,

It's all on the first post of this thread but xandi could certainly explain them to you better than me.
Simplicity is the Ultimate Sophistication.
  • #1,249
  • Last Post: Dec 21, 2013 10:22am Dec 21, 2013 10:22am
Quoting broketrader
Hi xandi I hope you are well. For me your first system was the one to go with, but I think that some rules were missing or they were there and you were not following them. I'm not judging you, you know that I did the same mistakes. Clear rules/conditions to enter and exit and very important when martingaling, pyramiding, not use too much leverage on your first trade. Now, I see that you have two open trades going over the week-end with too much leverage. If you have a gap on monday, this can just blow up your account. Think about it.
heheh nice to see you, ma friend!! i´m finnaly trading with the EA developed from the first idea..but this time Im only stress checking the trailing robot,,,of course on live i will not trade with this leverage...i will compare this week also the results of this ea with other from xtilang and maybe another...and after I will give to this a properly month test also, following leverage rules and withdraw...
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