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zamans98 wrote:
well, lost 23K Cents
Start lot : 0.50
You're simply trading too big and too many pairs for the size of your risk.
You should only be trading 1 pair.
Your lot size on 2 pairs should be 0.26 not 0.50.
1500 cents for every 0.01 lots.
Devide 20,000 by 1500 = 13
13 x 0.01 = 0.13 per 1 pair.
Also you've changed the default settings at your own risk. You should not change the default settings. This is exactly why you lost. Too big of trades and changing the proper trade settings.
Message from Forum Admin: Joshua Allison is a same person as Misty Horivak! This person is banned because she cannot provide decent support to her Forex robots. When people asking for help she calling people stupid, idiot and all kind of names.
Here is a respond from Misty: https://i.imgur.com/D6vvdjm.jpg also see : https://i.imgur.com/5MOGurj.jpg
the EA only sell, so that we meet many trouble when UP TREND
like yesterday with EU, GU, and especialy with EJ,
Does anyone know what's the best months to use this forex program,
So far I learn this
Thee THREE worst months (Summer): June, July, and particularly, August.
The FOUR best months (Autumn): September, October, November, and December.
The FIVE good Months (Winter-Spring): January, February, March, April, and May
The best month to use this robot, it's when the market are not moving much,
There're some month is moving really quick and fast,so the point forex robot can't catch up,
-So I been really careful with end of the month of analysis of which way it going straight down or up
Is tehre anyone who has used the expert advisor Aeron and on which broker?
i have used this Ea on 5 uj it gave me fare results but on backtest the 15m do better
I lost $980 is what I had on gbp-usd .01 starting I really needed $5000 like you said Misty it was a gigantic move today. I feel sad for sure .
BG
berdj1 wrote:
I lost $980 is what I had on gbp-usd .01 starting I really needed $5000 like you said Misty it was a gigantic move today. I feel sad for sure .BG
My result today trading of EURUSD and EURGBP,it was a surprise of how the market are moving for today,but it'll drop by tomorrow or so.....
Update:
All 3 demos running FX Magic Robot handled the GBP surge on cable (18/04/17) really well, P/L ranging from 4.02% to 4.53% over the last 24 hours via VPS, accounts all started with exactly same equity, so variation on account simply down to latency, spread and commission ... Still only executing Short trades in both Bull and Bear Short-Term trends, can only assume this is deliberate or because the overall Long-Term trend takes priority over executions.
Great performance when managed correctly, news filter is an absolute dream, however, would still advise watching out for unscheduled news as anything over about 200 pips without a significant enough retracement to trigger TP (TP was set to 40 pips, looking back of this specific scenario I don't think 30 would have helped) things could get really messy. Other than that, and absolute pleasure to watch it farming away.
Bizzle.
- Previous:
Hi Misty
FX Magic Robot isn't looking too bad, but the one thing that is confusing the hell out of me is why it has been exclusively opening sell trades, especially in an incredibly Bullish trend! Stats from back testing suggested it would do this (439 Short vs 32 Long), but it doesn't seem like it's a particularly healthy thing to do in such a strong trend from today (GBP/USD). Off the cuff, I can't help but feel it may be due to being more suited for 15m rather than 5m as it does use EMA and MACD to pick it's on signals... thus, out of sync for time frame based on EMA perios or similar? (Back testing alone does not confirm this) Have been testing on Demos, today was the first time via VPS, am hoping to take it live in a week or so if cleans up its own mess from today.... but to be fair to it.... 1355% margin left based on recommended lot sizes for capital and 8 open orders is hardly that bad,
On a side note, as a newbie to the forum I really appreciated your Zippy file sharing as haven't been able to download from just links and for some reason, the site and my computer really don't get along (often takes over 5 attempts just to reply to a post).
In the meantime, take it easy and watch GBP/USD over the short-term, some serious support and resistance barriers being messed with (spike through 1.28000, stabilising at 1.28400... expecting more shenanigans at 1.28500) Peace, Bizzle
Yeah,i agree, this bot does trade sell more then buy and it's best to run it on 15m chart,but you maybe can run 5m unless you have 5k.....
This bot are great at when the market is in deep drop and sometime your balance can't take it( blow 5k ) ,you will lose all your money
I was a little cheeky, 5m TF and only 1.5k starting account... thought it best to do a stress test and have taken into account within my findings that the TF may not necessarily be the best for account preservation as there has been some dispute as the whether 5m or 15m should be used. I think we can safely say that 15m is safer as the EA developers state for it to be used on 15m and within back testing this produces smaller drawdowns, on the flipside, it does work decently on 5m and produces more profit... so, how much of a rush are you in?
Bizzle.
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