Quote:
Originally Posted by madscalp
Do tou think really your broker is worried by your mini mini mini account in order to know the PS, the SL and the TP of your EA ?
I don't believe that !
Even if the broker can know that, he will not make it to blow up a mini account of $100 or $200.
No, the real problem is the big move without retracement.
It's the death trap of martingales.
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I dont believe too. But it happened for more then 5 times to me. And luckily most of them after my withdrawal. Frankly speaking, if you cant remove a 150bucks profit from a 300 balance account, you're not going to remove your 1500 from a 3000 account. Same thing goes round and round. People come, people test, people confident, people go live, and never come back again. Either they make money, or they burnt. I bet dozens of people now cursing davidke20 to hell for recommending them a margin call EA. And, to avoid no retracement between 100pips, you can always set your pip step as 100pips devide by your MaxTrades. That way you'll get the best pipstep you've been optimized for. Just for your information, throw the EA on the backtester, enable the Optimization, select your Pips/TakeProfit column and test it from 2 ~ 30, stepping 1 for both column. Leave the backtester run optimization for a night or two, then you'll get the overall trading range that HAS the retracement. With this settings, you can probably make the EA run for another few months(part of the reason I'm still surviving until today).
Regards
David
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"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
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