[DARWIN] LNT by LokshinTrader

[CavaliereVerde]

@LokshinTrader
Do you have an official explaination like last time?

 

[LongVision]

Your trade was closed at 00:45hrs. It is normal at 1st hour of day opening. For most cross spread is normally above 10pips. This is true for every broker.
You can close trade before rollover to avoid spread widening or change to large stoploss at least 50pips for opening hour(Sydney opening ) then change your stoploss after 01 hr of opening.

 

[LokshinTrader]

Do you have an official explaination like last time?

Basically they say there isn't much they can do about certain market conditions.
They sent me the execution report which didn't really shed any new information.

Pretty much like @LongVision said;

...or change to large stoploss at least 50pips for opening hour(Sydney opening ) then change your stoploss after 01 hr of opening.

they also recommend wider stop losses. The problem is that with these conditions even that may not work. Remember earlier this month I posted about the GBP/AUD trade (post #9). In that trade I actually used 62.5 pips SL but the trade also met the same fate.

It is still unclear how wide these spreads really go. It could even be 30 or 50 pips wide, in which case I'm still screwed even if I use 60 or 70 pips SL. According to all the data we have at the moment the spread in the AUD/JPY on this occasion was not less than 20.6 pips

I don't want to tamper with the criteria as yet, because I feel that it will mess up the edge. But yes it does seem that there are things I need to be mindful of; like for example if a trade has not broken even towards market close on Friday consider closing it. This now tampers with the all important trading attribute -> Patience. These are considerations I have never had to make as I have mentioned before that I have always traded with a broker with fixed spreads. I will use discretion on a trade by trade basis.

 

[LokshinTrader]

A summary of June trades

1. GBPUSD / +14.4 pips / +0.31%
2. GBPAUD / -64.2 pips / -1.42% (see post #9)
3. AUDCAD / -3.6 pips / -0.09%
4. GBPCAD / +53 pips / +1.28%
5. GBPUSD / +13.5 pips / +0.38%
6. EURUSD / +14.2 pips / +0.38%
7. USDJPY / +13.4 pips / +0.34%
8. EURJPY / -40.6 pips / -1.00%
9. EURJPY / -43.7 pips / -1.14%
10. EURUSD / +25.6 pips / +0.76%
11. CADJPY / -36.4 pips / -0.97%
12. GBPJPY / +88.2 pips / +2.44%
13. AUDJPY / -32.4 pips / -0.80% (see post #20)

June ends with +0.93%.
Quite a challenging month with difficult conditions highlighted in trades 2 & 13. With better trading conditions LNT could have made a new high.
Nonetheless, will continue to scour the market for more opportunities.

Regards,
LT

 

[LokshinTrader]

A summary of July trades

1. EURNZD / +48.3 pips / +0.95%
2. USDJPY / -41.3 pips / -1.02%
3. EURAUD / +96.6 pips / +2.07%
4. EURCAD / +33 pips / +0.72%
5. USDCAD / -51.2 pips / -1.09%
6. EURAUD / +70.8 pips / +1.44%
7. GBPJPY / +28 pips / +0.71%
8. EURUSD / + 36.2 pips / +0.96%
9. EURAUD / -53.1 pips / -1.01%
10. GBPJPY / -59 pips / -1.43%
11. AUDCAD / -48.3 pips / -1.10%
12. EURCAD / +3.7 pips / +0.09%
13. GBPUSD / +7.7 pips / +0.23%
14. GBPUSD / -46.3 pips / -1.39%
15. GBPNZD / -61 pips / -1.29%

July started strongly with the Darwin reaching its all-time high of 14.29% & then settling at 14.08% mid-way through the month. The Darwin unfortunately started shedding those gains in the second half of the month, retreating back to the stagnation levels of recent months. This pullback also means LNT once again loses out on Darwinia after having reached position 49 mid-month.
Overall July ends with -1.63%.

Nonetheless, we’ll continue to scour the market for better opportunities.

Regards,
LT

 

[LokshinTrader]

A summary of August trades

1. GBPUSD / +8.3 pips / +0.27%
2. USDJPY / -10.8 pips / -0.31%
3. AUDCAD / -29 pips / -0.77%
4. EURUSD / -15.4 pips / -0.53%
5. GBPJPY / +167 pips / +3.93%
6. EURUSD / -45.6 pips / -1.41%
7. EURCAD / -17 pips / -0.41%
8. EURJPY / -46.2 pips / -0.96%
9. EURAUD / -63.5 pips / -1.07%
10. GBPUSD / +85.7 pips / +1.83%
11. USDCAD / -47.9 pps / -0.78%

August ends with +0.24%
We'll continue to scour the market for better trades.

Regards,
LT

 

[LokshinTrader]

A summary of September trades

1. AUDCAD / -51.7 pips / -0.87%
2. GBPCAD / +10 pips / +0.21%
3. EURUSD / -41.2 pips / -1.01%
4. CADJPY / -51 pips / -1.28%
5. GBPUSD / -56.1 pips / -1.63%

September ends with -4.57%, the worst month for this Darwin with DD reaching a new low -9.41%.
We'll continue to scour the market for better trades.

Regards,
LT