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Hello,
have you any problems in live trading with your broker (requotes, spread widing)?
Sorry, but your test results do not please me.
No not really. I don't know what you expect from trading forex but as you can clearly see the system has almost doubled the account balance in less than 3 months with not such a huge risk (most of the trades are 0.1 lots).
Good Luck,
Al
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
I currently see 6 trades open with an open profit of over 200 pips. I hope we close this weekly safely just like last week. Click here for the live statement.
Good Luck,
Al
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
I currently see 6 trades open with an open profit of over 200 pips. I hope we close this weekly safely just like last week. Click here for the live statement.
Good Luck,
Al
Thank you, your results are nice Are this live results? Can you tell me, what is your trailing stopp and stopp loss?
Thank you, your results are nice Are this live results? Can you tell me, what is your trailing stopp and stopp loss?
Hi erdenmensch,
The results are live trades with real money. The initial deposit on that account was about $3200.00 and as you can see it is above $6100 in less than 3 month. I can assure you that it is with real money. Fortunately the report is backed up by the results gained by others. You can find them either here or on Forex Factory or on FX-Performance.
The StopLoss and TS values are different from one trade to another. They could be from a few pips to hundreds of pips.
Please let me know if you have further questions. I'd be more than happy to answer.
Thanks,
Al
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
PipBoxer closed 8 trades last week. All of those trades generated profit. None of them lost money. Click here to see the report on our live account. These are trades with real money not demo trading or back-test.
Somthing Interesting to Know
Although profitable none of those trades hit TP. All of the trades hit SL. That's the beauty of money management. PipBoxer moved SL according to market movements and secured the profit. In some cases over 50% of the final profit target was gained.
Open Profit
If you look at the report you'll see that open profit is also over 300 pips. However, I personally do not care about open profit or loss. Although an open profit is interesting but the market condition can change quickly so I personally prefer to focus on my closed P/L.
Good Luck,
Al
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
Do you close all postions on weekend? What is your stoploss and ts at GBP/USD and USD-JPY?
Hi erdenmensch,
Thanks for your post. I do not close my positions on weekend. The value of stoploss varies from trade to trade. The system recognizes the size of SL/TP according to the market volatility. It could be from a few pips to hundreds of pips. The PipBoxer risk manager is in charge to make sure you are dealing with controlled losses no matter what your SL value is.
PipBoxer uses a fixed fractional position sizing system. It trades according to your VAR or rather the percentage of the account balance that you would like to risk per trade. If your VAR is 5% the maximum that you will lose is 5% of your account balance no matter what the value of SL is.
Please let me know if you have further questions. I'd be more than happy to answer.
Thanks,
Al
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com
There are currently 10 trades open on my live account. Some of them are locked in profit and some of them have hedged each other. Click here to see the latest statement. The open profit is over 300 pips right now.
__________________ Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker. PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com