in other words he was very lucky his account didnt blow up

Is This My Holy Grail EA :D

whats the prizes for top 5?

Trading aud/nzd successfully

if your looking to trade 0.2 lots i personally wouldnt trade it with an account lower then $3813 based upon a 25% risk to your account if stop loss is hit

Trading aud/nzd successfully

what 12 are they? im running 10.. cant remember them off the top of my head tho..

100 x 80 EA oh boy

i hope thats live

100 x 80 EA oh boy

i think thats the msot important part of this EA, the profitability is great but the drawdowns if your lot size is sensible is the best feature

Trading aud/nzd successfully

that would be very helpful

Trading aud/nzd successfully

tis a shame i need my lot sizes smaller then 0.1 of a mini lot.... tis good news on the 4 digit front, 5 digits is unecessary and annoying

First Australian MT4 broker?

ok to clarify the first page of this thread outlines the use of 35x20... which im using Verto and Frost are using 35x15, 50x20 and 50x15.... what are the stop losses for the 50 target ones.... around 375pip SL?

Trading aud/nzd successfully

yeh amen to that id also look at the settings finder thing that i think frost made up... id reccomend trying to keep a certain percentage drawdown relative to capital... ie on $500 trading 0.05 i think at level 7 u get stopped out for a 14% hit on ...

Trading aud/nzd successfully

i know i start looking to close off for the night 2 hours before US open, depends how much negative balance uve got, how many levels deep, ur daily % goals etc

Trading aud/nzd successfully

hmm im thinking of doing worst case scenario equals 50% loss.... ie if youve got 10 currencies, each one if hit stop loss the one day = 50% of account gone. SO roughly 5% each pair... i really need to fiddle with the settings finder.... up to page ...

Frosty's '$2,000 to $60,000 in 12 Months' Challenge. Care to follow along?

yeh fxcm do though i think thats not on the mt4 platform (maybe)... i was looking for one that also did micros with mt4, hard to find, so im gonna go with ibfx....

MT4 broker with account in AUD

geez thats no good, im thinking bout running $1000 - $1500 account for 100x80 EA for penny lot (0.01) intially... i think ill try the audnzd one first with 500, it seems to have very little drawdown... how many ea's/strategies u aim to run ...

Frosty's '$2,000 to $60,000 in 12 Months' Challenge. Care to follow along?

yeh hear hear, im forecasting 2% a day for the next year, with planned withdrawls etc.... if your consistent and manage risk the worlds your oyster. congratulations, its amazing to see the power of compounding in a spreadsheet, just imagine getting ...

$1K into $1M Journey

my demo starting with $3000 trading dimes intially blew up this morning. The EURJPY ruined me overnight during the US session... got to like 6.4 mini lots deep.... im gonna try $1000 at pennies to replicate what i may start with live, then go to ...

100 x 80 EA oh boy

great system, ive been testing only for a day and have made $40 on a $500 account... however ive been opening a few hours before the japan session because i live in australia and closing before us session, may this become a problem?

Trading aud/nzd successfully

ive seen a little bit of this, who knows.... also eurjpy hit me hard during the sleep last night during the US session

100 x 80 EA oh boy

i know what your saying, im not gonna jump the gun... ive got a bit of cash saved up , when i start itll only be in trickles of 500 here or there, but yeh ill see how testing goes for this for the next week or so

Trading aud/nzd successfully

i see what ur saying, its run about $25 today on a $500 account, tho i turned the ea on this morning for me, so start of the sydney session...would you advise against this? are you saying dont trade in the US session or you are meant to because news ...

Trading aud/nzd successfully