ForexForums.org - View Single Post - Re: [MT_E and I] FXI-Beta

10-09-2008, 03:43 AM

0.10 is too high for 20.000 capital.
everytime you hedge you are using marging also.... it will kill you.

I had an account 140k 0.4 lots in martingale witf FXpromaker ... wiped the account till 56 because the next order 64 lots he could not place, no money..

Martingale is good but always make you calculations, depends also on the leverage and how much to broker minimum requiers.
Nobody makes those calculation ... they just hope it will work out .... no it kills you even when the EA is perfect.
Don't blame the EA blame youself because you did not calculte homuch minimum money you needed.
If you did, you did not have these problems ....

People never learn first learn all parameters and requirements, don't think It will be okay. Can be for weeks, months, Whoops.

Question Tihon, did you calclutate howmany times you could double and howmuch margin taken in account the account leverage?
I know some peole who do on another forum the laugh also every time they see a message as this.

If you wanna win in FX study, calculate, analyse evertrade afterwards made also wit EA. See what indicators they are using and check if parameters would have been changed it would have been better or worse.

Can't believe some people, my first stupid EA I made makes 40% a week. I'm not discussing it anymore since they don't believe even when you publish resulst live. So EA is out of the questions .. but learn before you start. Don't drive the car before reading the manual.
Simpel.

I.m working on a new EA togheter now with another guy. These results will be published live with live money account.
And all questions demands can I's where can I download (the ones who drop of Google transporter and don't read) all answers will NJET NADA NO WAY.

Such a disrecpectfull bunch I never ever seen in my live, not all of you I have some good contact made from here.
But today I got an e-mail you are using fxpromaker and autpilot can you make me a copy for 20$.
From one of the memebers here, knowing that in the USA copyright infringement can cost you a fine 30.000$
Where is this world going to guys.
FXpromaker is a good EA don't be gready or it kills you.
In my case I did do it on purpose because the maximum losts should have been .02 and I made .04.
So as my mistake, but human nature tends to be gready. In FX it kills you.
If I was real it would have bee .01 lots. 100k at the broker and you have 5+% and you are not happy ... sorry
Try the world of Second Life, maybe more luck there. Here everbody want with 100$ to retire 2 months later.
Get a live.

From: Tihon
Sent: Friday, September 26, 2008 12:57 AM
To: MetaTrader Experts
Subject: Re: [MT_E and I] FXI-Beta

To Empryean Software,

I ran the FXI beta version w/ default setting except the Account.Pips..Factor=1.
I started w/ $20,000, Alpari, 0.1 lot 1 pip =$1. The EA won most of the time but only need 1 time lost to take it to negative P/L. It look like after 6 or 7 time of martigale level trying to recover its lost, it ran out of margin with an order of 13.30 lot. It was negative P/L around $1800s, and - 1700s as I am typing this.

So I think overall it will kill the account sooner or later.

Best regards.

10-09-2008, 03:43 AM	#16 (permalink)
Serge Van Aelst Guest Posts: n/a	Re: [MT_E and I] FXI-Beta 0.10 is too high for 20.000 capital. everytime you hedge you are using marging also.... it will kill you. I had an account 140k 0.4 lots in martingale witf FXpromaker ... wiped the account till 56 because the next order 64 lots he could not place, no money.. Martingale is good but always make you calculations, depends also on the leverage and how much to broker minimum requiers. Nobody makes those calculation ... they just hope it will work out .... no it kills you even when the EA is perfect. Don't blame the EA blame youself because you did not calculte homuch minimum money you needed. If you did, you did not have these problems .... People never learn first learn all parameters and requirements, don't think It will be okay. Can be for weeks, months, Whoops. Question Tihon, did you calclutate howmany times you could double and howmuch margin taken in account the account leverage? I know some peole who do on another forum the laugh also every time they see a message as this. If you wanna win in FX study, calculate, analyse evertrade afterwards made also wit EA. See what indicators they are using and check if parameters would have been changed it would have been better or worse. Can't believe some people, my first stupid EA I made makes 40% a week. I'm not discussing it anymore since they don't believe even when you publish resulst live. So EA is out of the questions .. but learn before you start. Don't drive the car before reading the manual. Simpel. I.m working on a new EA togheter now with another guy. These results will be published live with live money account. And all questions demands can I's where can I download (the ones who drop of Google transporter and don't read) all answers will NJET NADA NO WAY. Such a disrecpectfull bunch I never ever seen in my live, not all of you I have some good contact made from here. But today I got an e-mail you are using fxpromaker and autpilot can you make me a copy for 20$. From one of the memebers here, knowing that in the USA copyright infringement can cost you a fine 30.000$ Where is this world going to guys. FXpromaker is a good EA don't be gready or it kills you. In my case I did do it on purpose because the maximum losts should have been .02 and I made .04. So as my mistake, but human nature tends to be gready. In FX it kills you. If I was real it would have bee .01 lots. 100k at the broker and you have 5+% and you are not happy ... sorry Try the world of Second Life, maybe more luck there. Here everbody want with 100$ to retire 2 months later. Get a live. From: Tihon Sent: Friday, September 26, 2008 12:57 AM To: MetaTrader Experts Subject: Re: [MT_E and I] FXI-Beta To Empryean Software, I ran the FXI beta version w/ default setting except the Account.Pips..Factor=1. I started w/ $20,000, Alpari, 0.1 lot 1 pip =$1. The EA won most of the time but only need 1 time lost to take it to negative P/L. It look like after 6 or 7 time of martigale level trying to recover its lost, it ran out of margin with an order of 13.30 lot. It was negative P/L around $1800s, and - 1700s as I am typing this. So I think overall it will kill the account sooner or later. Best regards.