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- paradoxical replied Nov 21, 2008
Newera, with a $2,500.00 drawdown on a $4,000.00, I think that's far too much to consider on a live account. Maybe if the account were $20,000. to $40,000.00, it would be OK. Interesting to know, though, that you traded all of those pairs with the ...
100 x 80 EA oh boy
- paradoxical replied Nov 21, 2008
Pairs I am testing are: USD/CHF, EUR/USD, CHF/JPY, USD/JPY, AUD/USD, EUR/CHF, NZD/USD, starting on 11-14. I've let them run continuously from Sunday evening at market open. I started at .01, and that was too slow, and went to .02, and .03 for the ...
100 x 80 EA oh boy
- paradoxical replied Nov 20, 2008
Would an EA that closes out all trades at the equity value you set protect you against this death trade? If you go a small amount such as .02 or .03 on 6 to 8 safest pairs, and make maybe 3-5% a week, how about attaching a separate EA that will ...
100 x 80 EA oh boy
- paradoxical replied Nov 20, 2008
The US session has been very bad the past few days. With the bailout talk, and now the failure of the auto bailout today, I think that's made for market extremes. My drawdown on an account I am using .03 as the starting amnount has only seen a ...
100 x 80 EA oh boy
- paradoxical replied Nov 20, 2008
Hi, it would be helpful to know the pairs that you're using in each demo account. I am using some pretty safe pairs in both demo accounts, and had a huge drawdown in the .05 account using only 6 pairs.
100 x 80 EA oh boy
- paradoxical replied Nov 20, 2008
Trading 6 pairs at .05 and letting my account run all week has brought me a drawdown of a little over $5,000.00, and caused some trades to be closed out. Quite an eye opener to see what a heavily trending market can do, and just how big of a ...
100 x 80 EA oh boy
- paradoxical replied Nov 20, 2008
Frostcall, I'm confused as to what the numbers on the sprteadsheet mean. Under the last column, the MAX column, where you show floating loss of -1628.80, I assume that's in dollars? Is that what the drawdown would be for buying and selling just one ...
100 x 80 EA oh boy
- paradoxical replied Nov 19, 2008
OK. Thanks. Gotcha. Any major event will make the market keep trending one way or the other for awhile, and time to stay on the sidelines. I don't like ugly, but I don't think we should reward inefficiency, and should let the auto makers fail. There ...
100 x 80 EA oh boy
- paradoxical replied Nov 19, 2008
"Between that EA and this one 100x80 you can trade almost any currency in almost any market conditions except when they get really extreme. Sorry, but my answer to those days is to just stay out." nanningbob, what's the best way to predict when the ...
100 x 80 EA oh boy
- paradoxical replied Nov 19, 2008
Using what I think is the original one 100x80. The only settings I change is the lots to be traded. Running two demos with the referenced one trading at .05 for 6 pairs. I have another trading more pairs at .03. I've noticed that has much less ...
100 x 80 EA oh boy
- paradoxical replied Nov 19, 2008
Just reporting for those interested. Am trading .05 on only 6 pairs EUR/USD, EUR/CHF, CHF/JPY, USD/JPY, AUD/NZD, AUD/USD. The graph shows starting from the open on Sunday evening to about 9:00 AM Pacific Standard Time starting at $4,000.00 and now ...
100 x 80 EA oh boy
- paradoxical replied Nov 19, 2008
Urban, I had the same problem with the sell EA. I think there may be a problem with the sell EA that trades .01. Try loading the sell EA that trades .02 and see if that works. you can manually change the .02 to any amount. That's what I've done. I'm ...
100 x 80 EA oh boy
- paradoxical replied Nov 18, 2008
nannigbob, so far, your system and EA is performing much better than I could have expected. My biggest concern would be a major trend on more than a few pairs, but I think with the proper mix of pairs, even that could be minimized. So far, I've done ...
100 x 80 EA oh boy
- paradoxical replied Nov 18, 2008
Using .05, my demo account has made almost exactly 20% since Sunday evening when it opened trades at market open. The pairs I'm using are: EUR/USD, AUD/USD, CHF/JPY, USD/JPY, EUR/CHF, AUD/NZD. There was a drawdown of about 10%. I have let it run ...
100 x 80 EA oh boy
- paradoxical replied Nov 17, 2008
Bob, Thanks for your quick responses to my questions. Both were very helpful.
100 x 80 EA oh boy
- paradoxical replied Nov 17, 2008
90X90? — nanningbob, Do you agree with this post? Would it be safer to use these parameters? Thanks.
100 x 80 EA oh boy
- paradoxical replied Nov 17, 2008
I'm testing 8 pairs at .01, and am at pretty much breakeven starting from the open on Sunday evening. On another demo account, testing 6 pairs at .05, and down about 2%. The pairs are EUR/USD, EUR/CHF, CHF/JPY, USD/JPY, AUD/NZD and AUD/USD. Will ...
100 x 80 EA oh boy
- paradoxical replied Nov 17, 2008
Bob, my concern was the spread on some of those other pairs at 12 pips. That's not much of a factor that you can see?
100 x 80 EA oh boy
- paradoxical replied Nov 15, 2008
Bob, Thanks for that detailed reply. That's what I needed to know. I'll use 8 pairs and pick the safest ones from your list. I realize that the more pairs I add, the more of a potential loss I could suffer. $800.00 for 9 versus $400.00 for 8, and I ...
100 x 80 EA oh boy
- paradoxical replied Nov 14, 2008
Nanningbob, I asked some questions earlier that I think you missed. I know you're busy. I'llk condense the question. If I were to go .01 on 8 or 10 pairs, what is the most I could potentially lose if things went bad? Would it be something like ...
100 x 80 EA oh boy