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Promised EA system

  • #801
  • Dec 31, 2013 9:23am Dec 31, 2013 9:23am
Quoting xlitang
{quote} It works fine here. If EA suspended you need to reload it.
Analyze this xlitang please?...

--------------------
Demo trades
--------------------
31 trades opened today
Compared with 94 trades opened yesterday!

--------------------
Live trades
--------------------
30 trades opened today
Compared with 309 trades opened yesterday!

Even taking into cognizance the fact that I was using BOTH the Fish and Promised yesterday on my Live account, it STILL a FAR lesser number of trades today.

Am just asking IF something isn't wrong xlitang - that's all. The "slow down" began AFTER the update to version 5. But even after I reverted back to v4 it still remained SLOW .

Ty
My job: I speculate and manage risk.
  • #802
  • Dec 31, 2013 9:30am Dec 31, 2013 9:30am
Quoting TyLamai
{quote} Analyze this xlitang please?... -------------------- Demo trades -------------------- 31 trades opened today Compared with 94 trades opened yesterday! -------------------- Live trades -------------------- 30 trades opened today Compared with 309 trades opened yesterday! Even taking into cognizance the fact that I was using BOTH the Fish and Promised yesterday on my Live account, it STILL a FAR lesser number of trades today. Am just asking IF something isn't wrong xlitang - that's all. The "slow down" began AFTER the update to version 5....
Check if market moved away from last opened order more than 15 pips or more and still no new order opened, then something is wrong. Upload the screenshoot of your chart.
Follow me to the Promised Land
  • #803
  • Dec 31, 2013 9:47am Dec 31, 2013 9:47am
Quoting xlitang
{quote} Check if market moved away from last opened order more than 15 pips or more and still no new order opened, then something is wrong. Upload the screenshoot of your chart.
xlitang ALL I can say is maybe the NU is causing my account to take fewer trades. See attached screenshot...

Ty
Attached Image (click to enlarge)
Click to Enlarge Name: hft-nzd-chaos.png Size: 47 KB
My job: I speculate and manage risk.
  • #804
  • Dec 31, 2013 9:50am Dec 31, 2013 9:50am
Quoting TyLamai
{quote} xlitang ALL I can say is maybe the NU is causing my account to take fewer trades. See attached screenshot... Ty {image}
how many opened orders for NU?
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  • #805
  • Dec 31, 2013 9:58am Dec 31, 2013 9:58am
Quoting xlitang
{quote} how many opened orders for NU?
Not too different from the post I made here:

http://www.forexfactory.com/showthre...77#post7180877

But see the screenshot of current opened trades below:

15 trades from BOTH EAs.


Ty
Attached Image (click to enlarge)
Click to Enlarge Name: hft-nzd-chaos2.png Size: 67 KB
My job: I speculate and manage risk.
  • #806
  • Dec 31, 2013 10:17am Dec 31, 2013 10:17am
Quoting TyLamai
{quote} Not too different from the post I made here: http://www.forexfactory.com/showthre...77#post7180877 But see the screenshot of current opened trades below: 15 trades from BOTH EAs. Ty {image}
And if it would help, here is the screenshot of the same NU on the DEMO account...

See the difference?

Ty
Attached Image (click to enlarge)
Click to Enlarge Name: hft-nzd-chaos3.png Size: 51 KB
My job: I speculate and manage risk.
  • #807
  • Dec 31, 2013 10:33am Dec 31, 2013 10:33am
Quoting TyLamai
{quote} Not too different from the post I made here: http://www.forexfactory.com/showthre...77#post7180877 But see the screenshot of current opened trades below: 15 trades from BOTH EAs. Ty {image}
15 opened orders for NU, you reached max. No more trade for NU will be taken.
Follow me to the Promised Land
  • #808
  • Dec 31, 2013 10:40am Dec 31, 2013 10:40am
Quoting Fbird
Hi guys ! Back from holydays and relaunching EAs. Seen that some accounts blew off why I was out. Not surprised though. Happy to see that we are working on protection features. One that has not been mentioned is money management. My view is to withdraw money as soon as posible until initial investment is recovered and then play with free money. I intend to go live with nano account in the coming months and I will proceed like that: 250€ nano account trading EU,GU,AU,EA, and NU. Withdraw any profit at the end of each month until total cash withdraw...
Hi there,
yes you are right, but why you wait to withdrawl the money only when the account ist doubled ?

withdrawal every 14 Days is a better.

When you risk your Account on "Start" of the Project, why not Limit this Case ?

Best Regards

Donald
The route is the goal
  • #809
  • Dec 31, 2013 10:45am Dec 31, 2013 10:45am
Quoting donald99b
{quote} Hi there, yes you are right, but why you wait to withdrawl the money only when the account ist doubled ? withdrawal every 14 Days is a better. When you risk your Account on "Start" of the Project, why not Limit this Case ? Best Regards Donald
It always has risk if your cash is on the market. Withdraw everyday or, 14 days or even every hour. Nothing is safe in this crazy world when human is sinner.
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  • #810
  • Dec 31, 2013 11:12am Dec 31, 2013 11:12am
Quoting xlitang
{quote} It always has risk if your cash is on the market. Withdraw everyday or, 14 days or even every hour. Nothing is safe in this crazy world when human is sinner.
I agree sir...I agree.

But on the flip side: The MORE money you have in your account, the lesser the probability of DDs reaching Margin calls.

I would think that IF you are able to double say $250 to $500 and REMAIN at 0.01 lot size, it will be lesser risk (assuming your broker is NOT a sinner of course) than say REPEATING the doubling of $250 every time.

Ty
My job: I speculate and manage risk.
  • #811
  • Dec 31, 2013 11:41am Dec 31, 2013 11:41am
Quoting TyLamai
{quote} I agree sir...I agree. But on the flip side: The MORE money you have in your account, the lesser the probability of DDs reaching Margin calls. I would think that IF you are able to double say $250 to $500 and REMAIN at 0.01 lot size, it will be lesser risk (assuming your broker is NOT a sinner of course) than say REPEATING the doubling of $250 every time. Ty
Hi again,

i think that is not right.

The Main strategy is "profit from rangeing markets", but when the "black swan" is on the way, you need only "a few pips" to wipe the account.
I think the different way. When you OK to risk x dollar of your own money, why not withdrawal every x days ?.

In the Case you have500.000 USD (or nano Value), your risk 50% in this Case 250.000 USD. When you save every 50K you Profit, you "slow down your risk and put on the next turn the hole "save" money.

Yes the Black Swon can come with your "first" basket....

Best Regards

Donald
The route is the goal
  • #812
  • Dec 31, 2013 12:54pm Dec 31, 2013 12:54pm
I think both ways are valid. At start, I will withdraw each month all of the profit (can't see anything bad if each 15 days). Then, I will try to diversified the risk by increasing the number of accounts until I reach total number of pairs traded (if I blow one account, I'll still have the others running). By settling a reserve, I should be able to refund the lost account. Of course, if nothing unexpected occur when I have all the pairs in the same account.

I may be wrong, but when you got a bad trade (+15 positions without retrace), I think that no accumulated profit would prevent a margin call. So, withdrawing at 15 days seems to me to be a good idea.

Going to a party now. Talk to you next year guys! Have fun !
  • #813
  • Dec 31, 2013 6:58pm Dec 31, 2013 6:58pm
For xlitang and the rest of the great people in this thread: H A P P Y N E W Y E A R ! ! !

Regards,

Ty
Attached Images
My job: I speculate and manage risk.
  • #814
  • Jan 1, 2014 9:09am Jan 1, 2014 9:09am
Guys this one is Just for laughs - Have Fun!

Ty
Attached Image
My job: I speculate and manage risk.
  • #815
  • Jan 2, 2014 2:28am Jan 2, 2014 2:28am
Can't wait to start off this year but it seems as though Profiforex and the rest of y'all are still on BREAK?

Ty
My job: I speculate and manage risk.
  • #816
  • Jan 2, 2014 3:29am Jan 2, 2014 3:29am
You're not alone Ty ! I relaunched EA on tuesday and +8% despite the break !

https://www.myfxbook.com/portfolio/promised/778244
  • #817
  • Jan 2, 2014 3:59am Jan 2, 2014 3:59am
Quoting Fbird
You're not alone Ty ! I relaunched EA on tuesday and +8% despite the break ! https://www.myfxbook.com/portfolio/promised/778244
Great but your broker is not Profiforex right? (Because over here they are still on break I presume)

Ty
My job: I speculate and manage risk.
  • #818
  • Jan 2, 2014 4:17am Jan 2, 2014 4:17am
Quoting TyLamai
{quote} Great but your broker is not Profiforex right? (Because over here they are still on break I presume) Ty
No. Mine is Global Prime. They started over last night. Strange that Profitforex did not restart yet. Today is usual business day and we had already some moves since London open.
  • #819
  • Jan 2, 2014 4:22am Jan 2, 2014 4:22am
Quoting Fbird
{quote} No. Mine is Global Prime. They started over last night. Strange that Profitforex did not restart yet. Today is usual business day and we had already some moves since London open.
Strange indeed. All my demo accounts ARE working (Alpari, FxPrimus, Pepperstone, etc). Am just wondering if its only over at my end. I even tried contacting support via chat - Their chat function is offline.

Let's see how this goes.

Ty
My job: I speculate and manage risk.
  • #820
  • Jan 2, 2014 7:39am Jan 2, 2014 7:39am
PromisedEA started New Year with a big bang 1.4% return. Wish you all with daily 1% return New Year.
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