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Grid Correlation Trading- From $5,000 to $100,000

  • #141
  • Apr 11, 2016 12:52pm Apr 11, 2016 12:52pm
Quoting dearest
{quote} I also blown 4 of my demo acc (1 tickmill, 3 roboforex). Three of them blown after Brussels bombing happen, one of them blown during NFP day. All of them starts with 5k balance. But strangely one of tickmill demo (GU,UJ,GJ) survives during both evens (Brussel & NFP). I still testing 2 demos now with 10k starting balance and 1 survivor demo. I was starting the EA on monday after last NFP. Two of them is in my TE's Lets see what happens
interesting, I have separate live account with same condition. lets say broker A and broker B (I'm not mention the name of the broker), one with growth 120% and another one on broker B with 90% growth, in broker A strange condition happen, I notice the distance is no longer 10 pips (I don't know what happen in this case), so I stop the EA and force close all trade and leave me with 35% growth. Another broker distance still 10 pips and trade very safe, different condition with broker A which leave me the big DD and force close all open trade. Really interesting case.

Quoting jibull
I think it is clearly written in the instruction that it is risky. Martingale strategy is very risky and not for feeble minds. The trick is dont be greedy, use very small lot size on few pairs. I would have gone live with this EA but it requires large capital and I am scared brokers might deprive me of the profit. My demo trading continues..... you have done well Dragonexpert.
I don't understand why people hate martingale so much and leave negative comment in this thread. It's clearly written in disclaimer. Before use it, just READ the DISCLAIMER. Thanks jibull. Happy pippin'
Risk comes from not knowing what you're doing.
  • #142
  • Apr 11, 2016 10:33pm Apr 11, 2016 10:33pm
It's doing well
Good luck! see you @ 100k
  • #143
  • Apr 13, 2016 2:45am Apr 13, 2016 2:45am
I can't understand why in stats it says profit $12K and Pips - 3444? How can you earn with negative pip gains???
  • #144
  • Apr 13, 2016 3:32am Apr 13, 2016 3:32am
Quoting leebsurag
I can't understand why in stats it says profit $12K and Pips - 3444? How can you earn with negative pip gains???
Double up lots sizes or something similar after a loss
  • #145
  • Apr 13, 2016 3:36pm Apr 13, 2016 3:36pm
Quoting RBlackburn
It's doing well Good luck! see you @ 100k
thanks! keep positive!

Quoting leebsurag
I can't understand why in stats it says profit $12K and Pips - 3444? How can you earn with negative pip gains???
its use martingale and hedging thats why pips in minus and the profit running up.
Risk comes from not knowing what you're doing.
  • #146
  • Apr 14, 2016 9:49pm Apr 14, 2016 9:49pm
Hey dragon, just checking in..
Not a bad week so far...
Cheers
  • #147
  • Apr 15, 2016 10:32am Apr 15, 2016 10:32am
I start with $1000 and 0.01lot, is that ok?
Try to win !
  • #148
  • Apr 18, 2016 3:49am Apr 18, 2016 3:49am
Quoting RBlackburn
Hey dragon, just checking in.. Not a bad week so far... Cheers
Really breath-taking monday gap in USDJPY causing by Doha Oil Freeze Meeting Fails. I should stop trading in friday though.

Quoting w7938940
I start with $1000 and 0.01lot, is that ok?
No, it's not. Minimal margin required $5000
Risk comes from not knowing what you're doing.
  • #149
  • Apr 18, 2016 5:06am Apr 18, 2016 5:06am
Quoting dragonexpert
{quote} Really breath-taking monday gap in USDJPY causing by Doha Oil Freeze Meeting Fails. I should stop trading in friday though. {quote} No, it's not. Minimal margin required $5000
I m really happy at ur new improved EA. It is raking pips madly.

Pls check ur pm.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #150
  • Apr 18, 2016 8:20am Apr 18, 2016 8:20am
When I am trying your EA on my demo account! There are too many pointless modifying orders so my demo account has been banned. Btw, your account has been almost blowed off today by UJ downtrend. Need to be more careful with martingale EA.
  • #151
  • Apr 18, 2016 8:28pm Apr 18, 2016 8:28pm
Quoting dragonexpert
{quote} Really breath-taking monday gap in USDJPY causing by Doha Oil Freeze Meeting Fails. I should stop trading in friday though. {quote} No, it's not. Minimal margin required $5000
Yeah, i was just thinking the same thing. I'm out by friday now. The AUD/USD gap down messed me up.
The markets are changing again - it's not safe to hold over the weekend anymore and expect small gaps.
  • #152
  • Apr 20, 2016 2:53am Apr 20, 2016 2:53am
I test it on demo account a month ago and run only tokyo and sydney session. Not bad so far. 47% growth with DD 16%.


thanks dragon for the EA.
  • #153
  • Apr 20, 2016 8:08am Apr 20, 2016 8:08am
I tried loading this on my demo account. It gives me error message of "Sorry your real account pin code 0 not authorized". Any help would be greatly appreciated!
  • #154
  • Apr 22, 2016 6:05pm Apr 22, 2016 6:05pm
What happened to your last acc?
  • #155
  • Apr 23, 2016 12:42am Apr 23, 2016 12:42am
thats strange, moderator blocked my message about your acc interesting
  • #156
  • Edited 5:07am Apr 23, 2016 2:57am | Edited 5:07am
As I guess his account is under high drawdown because UJ has been rising more than 120pips since yesterday. I am afraid that his account will be blew off if he doesnt cut loss soon.
The martingale is profitable but it is dangerous so it needs some filters and good money management. We are not able to gain profit consistently.
  • #157
  • Apr 23, 2016 6:15am Apr 23, 2016 6:15am
Not just 120pips mate. UJ soared 233 pips yesterday. I don't quite get his triangular hedging with martingale. What I'm certain of is that high profit comes with high risk. I agree that his real account is in high drawdown and I hope he had cut the loss for the weekend.
  • #158
  • Apr 25, 2016 8:43am Apr 25, 2016 8:43am
How is it possible?! You blowed your account, and againg 28K...mistery
  • #159
  • Apr 25, 2016 8:44am Apr 25, 2016 8:44am
OK. 41% DD during weekend. 100% profit today. I'm dazzled.
  • #160
  • Apr 25, 2016 9:46am Apr 25, 2016 9:46am
My $5000 demo account have only $2500 left after last weekend and you got recovered with profit, that's really funny.
Try to win !
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