I'm puzzled... EAs don't work on real accounts... maybe we should change broker? - page 7
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Interesting interpretation.
$60 per 0.01 lot is not the same as $60 per 0.17 lot including margin.
I have all orders at 0.01 lot. As I trade, I add positions... again at 0.01 lot. Each has takeovers (no stops). At some point all orders add up to 0.17 lots, which requires a margin of $34. At the worst moment, those 0.17 lots yield a loss of $27.2. That probably makes more sense.)
I have all orders at 0.01 lots. In the process of trading I add positions... again at 0.01 lots. Each has takeovers (no stops). At some point all orders add up to 0.17 lots, which requires a margin of $34. At the worst moment, those 0.17 lots yield a loss of $27.2. This is probably more clear.)
Yes, $27 drawdown with a 10K balance will not be visible.
You can run it with $50 of starting deposit, you'll see what I'm talking about.
But the chart is beautiful, don't you agree )))). The charts on the other pairs are also very impressive.
It makes sense to judge the beauty of a chart if it is from a real one. Or at least if it is a forex chart based on real ticks.
And in the tester everything can be adjusted for a couple of months, and the drawdown may not occur at all.
I plan to run 10 pairs at a time for $300. I'll be sure to let you know what happens.
No. Not violent. And not even a pipsqueak. )))
The minimum allowable approximation to the market is 6 pips and 2 pips tees (60 and 20 pips for 5 decimal places). But this is rarely the case. Usually it's further than that. That's why I was surprised by the failure of all modifications on the points at once. The difference between outermost orders and TPs was more than 10 points. According to DC rules I have the right to modify them if the order is no closer than one spread. The question is what was the spread at that moment?
And in general yes, this is action trading. It seems to me that playing on long timeframes does not justify itself. The chart moves by two figures in a day and it is not clear whether it will return... Or the loss has to be fixed. Although, it is more of a philosophical question. Taking into account the fact that everything was fine for three weeks, I hope there are some prospects. In order not to get caught in spread widening I exclude trading during strong news. I scrupulously fill the owl with dates and times of such news. This has only made the tests smoother. And how will it turn out in life... To make plans is only making God laugh.
But the chart is beautiful, don't you agree? )))) For other pairs the timeframes are also very impressive.
For a beginner day trading is the way to lose the deposit. For example this is a daily chart with more profitable deals than loss-making ones, but long-term chart is going upwards only because the TP is 2-3 times bigger than SL.
Daytrading for a beginner is a way to lose the deposit. For example this is a D1 chart with more profitable deals than loss-making ones but in the long term chart is going upwards only because TP is 2-3 times bigger than SL.
If we look at the picture we will see that daytrading is successful over long distances and in pipsipsing it is much more difficult.
You don't have to exaggerate, you can do daytrading successfully over a long distance, but pipsing is much more complicated.
I was talking about beginners. Inside a day there are often false movements. They make new highs and immediately reverse. I'm not saying you can't trade intraday, it's just much harder.
It's hard to call me a beginner. I started out as an acmos... 1998.
It's my deep conviction that one has to trade intraday. But everyone has his own strategy.