Jashfx
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Me too -- so borderline that Im sure there will be 1 or 2 that did not get taken out at B/E.
Me too -- so borderline that Im sure there will be 1 or 2 that did not get taken out at B/E.
Hi
Out @ BE...again
M
Edit- Again it seems like I got stopped at BE at the high of the 08h15, and now it is dropping like a stone!!!
Anyone else get closed at BE?
Yep. Closed at BE!
Out at BE
deserteagle
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Good morning all, +23 today.
shoot2scoot
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Don't know what I did to deserve +35? It came to within less than a pip of BE but clearly I was a lucky one! SLM, standard setting on EA using VPS
Chris
wiseambitions
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Those who did not set Break Even probably had a lucky trade if the others suffered retracement to the 06.30 starting price today.
Year to date performance is fairy excellent, but the rolling 6 months isn't so good because it got dragged down by Christmas (I keep records of every day with signals even where some might have decided to close and stay away).
The Year To Date
DesertEagle +512, FMT +465 Old FMT without BE + 520, 10/40 +390
Old FMT set just wins over DesertEagle (43/65/be@20)
Last 100 trades (almost exactly 6 months)
DesertEagle +378, FMT +350, Old FMT +560, 10/40 +650
conservative set of 10/40 won because of the losses others met over late December
Last 200 trades
DesertEagle +1706, FMT +1775, Old FMT +1920, 10/40 +1300
At the moment the original FMT recommendations 40/40 without BE have edged ahead in the measure of 200 trades which have arisen since 1/4/2010 E&OE
Year to date performance is fairy excellent, but the rolling 6 months isn't so good because it got dragged down by Christmas (I keep records of every day with signals even where some might have decided to close and stay away).
The Year To Date
DesertEagle +512, FMT +465 Old FMT without BE + 520, 10/40 +390
Old FMT set just wins over DesertEagle (43/65/be@20)
Last 100 trades (almost exactly 6 months)
DesertEagle +378, FMT +350, Old FMT +560, 10/40 +650
conservative set of 10/40 won because of the losses others met over late December
Last 200 trades
DesertEagle +1706, FMT +1775, Old FMT +1920, 10/40 +1300
At the moment the original FMT recommendations 40/40 without BE have edged ahead in the measure of 200 trades which have arisen since 1/4/2010 E&OE
Morning Podberry & RemrafHi Rob
Feedback from our PM's yesterday
SLM seems to be trading perfect this morning now that I changed the Maximumlots to 2, trading at 1.7 this morning instead of 0.5
Hmm?
What’s going on here then? (40SL 35TP BE20+5)
My SLM DEMO had a balance of £10,177.56. I set risk at 14% to get a large lot size and calculated this lot size should be 3.56. SLM will use 3.6 lots.
I set:
Lots: 0.05 (This has no effect with MM on)
MM: true
Lots Decimals: 2.0 (I believe they are min £0.10 & 1 Lot - £1/tick) so 1dp only will be used.
Risk: 14
Maximum Lots: 8
According to my calculations this should trade 3.6 lots at.
In reality it traded 8 lots at £8 per pip and profited £40 when it close at BE+5.
Something is not right. It still seems to only trade by the figure in Max Lots.
Any advice…?
I hope I haven’t made an obvious blunder, I’m typing and thinking as I get ready for work!
TP hit +40 pips.
I hope to recover from drawndown soon and then change to new recommended settings with BE+5.
Jashfx
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You would need to set it at 35.6 to trade at 14% of £10 177 otherwise, yes it will trade at your max lot level.
Thank you for the stats. I've learned a lot through your analysis.
It is important for everyone to remember that pip value is diminished through greater SL settings and periods when the balance is recovering from drawdown, Ceteris paribus, as well as the fact that a smoother equity curve is better for compounded growth and nerves!
I stick rigidly to the rules and trade standard, current settings.
Oh, I am having a flirt with 10/40 on very high-risk with some play money. The stats looked too good... I couldn't resist....... Well, nobody's perfect!
Hi Rob,
Yes I am with yyou 100% on this, standard settings plus the bit of naughty flirting..
Big thanks to Wise Ambitions for sharing his analysis of this little setup.
As they say, a bit on the side is always exciting.....
wiseambitions
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Hi
Good luck with 10/40
Just remember the disadvantage of a bad R/R ratio. But it does need breathing space for which reason I wouldn't restrict the SL too much
An advantage I like is it gives an earlier close, that's if you don't like being in a trade fo 2, 3 or more hours.
wiseambitions
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I'm just reading an email from Mark Fric with changes to the recommendations
And those who don't know what it's all about ought to sign up to the system, before it goes up from $97 to $999 which is more like what it's worth.
(PS Nobody told me it's going up, but believe me it's the best value strategy I've come across and would be cheap at 5 times the price)
And those who don't know what it's all about ought to sign up to the system, before it goes up from $97 to $999 which is more like what it's worth.
(PS Nobody told me it's going up, but believe me it's the best value strategy I've come across and would be cheap at 5 times the price)
Seems that I had inside knowledge of this. I promise all that I did not!!!!!
Thanks Mark for the email update and Hammy for his hard work.
Tenapenny
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Just read it myself. I will use the new settings alongside those I presently use i.e. 65/43/20.
podberry
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Hi Rob
There is nothing wrong with your settings - I cant understand why it's using MAX lots.
Have a word with Mark and see if he can help, sorry I could'nt help - Whatever you do don't phone SLM about the problem as the chap on the other line is less than sympathetic when it comes to EA's, although he allows them.
