Disliked{quote} I have officially become an EA addict. Thanks Magix, you suck. That said, and I am speaking to Proxy here, whom I happen to like. Proxy, if you code an EA to trade in the direction of the monthly trend, and tell it to add in accordance to whatever your trigger logic is, whether in drawdown or not, you might be surprised as to the equity curve you get. Of course, if you get caught in a full blown trend change on the monthly chart, you are toast. But, there are ways to mitigate that before you blow up completely. Just sayin, there are...Ignored
Martingaling a $100 account at .10/pip, 50 lev...hmm...my initial reaction is it shouldn't take long to fry $100 if you're stacking trades closely and have a bit of a bad initial entry..Your free margin drops by $15-$20 on each entry depending on the mood of your broker at that moment it seems...
...sitting the challenge out because I don't trade with margin use that high and don't care to start now..
Cool concept of a challenge though...will be interesting to see how wrong I might be...
"Holy Grail" exists - accepting where is the first step.