FBphoenix5 Verified demo account
Hi
Could you please Give me some detail about your trading strategy.
Thanks
Hi fxpro,
trading strategy is based on moving averages over daily period to determine the long term trend and further drill down to lower time frame to look for entry.
months that are not trending are months that you'll see trades are not so good and for the year 2009 Sept, was actually a time, i was letting the EA go against the trend to see how much pressure can the EA take. That's why the high drawdown. Other than that, the drawdown is low.
When are you going live with this EA? This figures are with demo account.. Would be very interesting!
Originally posted by reWhen are you going live with this EA? This figures are with demo account.. Would be very interesting!
yeh, i agree with you. you have been testing this account for very long time. isnt the testing time isn't over yet?
It was interesting for us to know more about your account.
FxStat, Power to traders www.FxStat.com
well, you're both right, its time to go live, however the money needed for safe MM is 10k.
The best time is when the market trends .....
Hi! So, do you manage Forex accounts?
drawdown is 79%. I think this is huge! Was that caused by some demo problems or it was from regular trading? I see you had -15% and -66% for August and September. I suggest something went wrong that month. Could you clarify more? thanks
Originally posted by Profits4TraderHi! So, do you manage Forex accounts?
yes i do managed accounts
Originally posted by paradisedrawdown is 79%. I think this is huge! Was that caused by some demo problems or it was from regular trading? I see you had -15% and -66% for August and September. I suggest something went wrong that month. Could you clarify more? thanks
yes, i've mentioned in my earlier post, that i was testing the EA to against the direction to see how much beating it can take.
Other than that, you wont see that high drawdown.
Originally posted by paradisedrawdown is 79%. I think this is huge! Was that caused by some demo problems or it was from regular trading? I see you had -15% and -66% for August and September. I suggest something went wrong that month. Could you clarify more? thanks
yes, i've mentioned in my earlier post, that i was testing the EA to against the direction to see how much beating it can take.
Other than that, you wont see that high drawdown.