View Single Post
  #494 (permalink)  
Old 02-19-2007, 07:37 PM
xxDavidxSxx's Avatar
xxDavidxSxx xxDavidxSxx is offline
Senior Member
 
Join Date: Jul 2006
Posts: 745
xxDavidxSxx is on a distinguished road
Quote:
Originally Posted by alassio
Well, 0.5% risk setting is an illusion, since you are not using stops. This setting only determines lot size, but not risk!
correct....Risking a true .5% would not bring any returns worth the trouble. Unless you have a 50k account.


5 open orders will have .3 mini lots total in the market. (per 1k in account)<---edited


I said before.....if you chose to run a martingale type of management be prepared to risk 2/3 account.

I could bust the whole account and wont care.

One of the first rules you learn when introduced to trading.....do not put money in your trade account you can't afford to lose. If you can't afford to lose your whole account then you shouldn't be trading.

A martingale style ea is not for every one.

But 3 months of forward testing tells me it will work. Only thing left to do is run it on real money.


Also remember the greater the risk the greater the reward. Donald Trump has gone bankrupt several times, because he is not afraid of risk. And he always recovers. Also because he is not afraid of risk.

I produced positive cyberia trader results with real money. I was heavily critisized untill certian people saw it working on real money.
And I will do the same here.

Dave

Last edited by xxDavidxSxx; 02-19-2007 at 07:41 PM.
Reply With Quote