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Old 01-29-2009, 11:49 PM
saintmo saintmo is offline
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Bernard,

It is not my intent to waste your time, but I am a little cofnused about a couple of issues.

1. You have mentioned any number of times that the EA is targeting around 3% profit per month. I have run the system about 3 weeks and it has earned about 30% on a standard account--which can only mean that I am way overleveraged. However, I am using the default parameters for MM. To clarify, I started with a $5,000 account using the default MM parameters which is .1 for lotsize. Should this be .01? Again using a standard account.

2. I presume that the EA trades from the 4 charts independently (no reliance on the other currencies to take a trade). I have had many trades with the EURUSD 30 min but have not had any trades since Jan 19th on any of the daily charts (IBFX demo). Does this sound right? How often should I expect trades from the daily charts?

Thank you,

saintmo
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