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ForexScotty replied Jun 11, 2024Targets not reached today. Will be in recovery mode tonight. image image
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ForexScotty replied Jun 7, 2024Targets not reached today. Will be in recovery mode Monday. Have a great weekend! image image
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ForexScotty replied Jun 3, 2024Target not reached today. In recovery mode tonight. image image
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ForexScotty replied May 31, 2024Adjusted the PlexyTrade Live account to more conservative settings. And both accounts hit target last night. image
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ForexScotty replied May 30, 2024Demo Account recovered. Live account I held up exploring other options that are less risky. image image
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ForexScotty replied May 28, 2024Accounts did not reach target today. In recovery mode for next session. image image
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ForexScotty replied May 24, 2024When you start trading on a live account and start showing withdrawals...they will come out of the woodwork. Demo accounts are great for testing, but live accounts are where the lightbulbs go off and the FOMO kicks in. As one who is in the same boat ...
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ForexScotty replied May 24, 2024Both accounts hit target today. Have a great weekend! image
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ForexScotty replied May 23, 2024Down to 1 test account and 1 live account. PlexyTrade live account still going strong with the higher leverage. Blackbull demo with the MM adjusted is new test. Both hit targets today. image
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ForexScotty replied May 22, 2024Final results for the 4th consecutive day without a recovery. Blackbull accounts with various settings at 500-1 leverage have drawn down to a point that the recovery algorithm cannot recover. The low pressure settings account may recover, but who ...
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ForexScotty replied May 22, 2024Well, it looks like this test has concluded. Median and aggressive Blackbull accounts are pretty much done, lot size iteration required is too high for current balance. Higher reserve Blackbull accounts is still holding on but can't hold out much ...
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ForexScotty replied May 21, 20243 consecutive losing days. We'll see what happens tonight. image image
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ForexScotty replied May 20, 2024Second day without recovery. Still pretty low drawdown. We will see what happens tonight. image image
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ForexScotty replied May 18, 2024Due to the random nature of the forex market, I think it is less about managing draw down and more about having a strategy that is successful in not having drawdown in the first place. The more iterations of a martingale or recovery strategy it ...
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