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Isn't Tradeview a 100:1 broker? And you can't trade down to .01 with Tradeview. Methods like this usually need more leverage than 100:1 and the ability to trade very small. I apologize if I'm wrong -- and please correct me If I am -- but I don't think Tradeview is a broker for this method.
Quote:
Originally Posted by lron
All,
Folks are successfully trading Blessing with Alpari, IBFX, FXDD and Tradeview. The problems everyone is bringing up is not with Blessing, they're with the broker.
If you are trying to trade with $250, you have to have a micro account (live) or you have to be backtesting on a micro account or you must be trading on a demo micro account. IBFX has demo micros that had an "m" at the end of the chart pair i.e: EURUSDm.
Zero divide errors are occuring with manual lots set or when the broker decimal set is "not set". Check your charts to see the data stream. If your broker is sending you data with either 3 or 5 digits after the decimal point, you have a "5 decimal" broker and that menu set item must be set to 10.
Again, most of these errors are attributed to the type of broker account you are using and whether or not it's a 4 decimal broker or 5. A lot of brokers will not let you trade down to .01 lots. They state the lowest they will start at is .1 then they will let you trade .11, .12, etc.
There are a lot of live traders with Blessing right now. Most are using Alpari, IBFX, FXDD and Tradeview.
Isn't Tradeview a 100:1 broker? And you can't trade down to .01 with Tradeview. Methods like this usually need more leverage than 100:1 and the ability to trade very small. I apologize if I'm wrong -- and please correct me If I am -- but I don't think Tradeview is a broker for this method.
Starting Balance: $10,000
Current Equity: $10,994
Average Daily Gain: 0.44%
Max Account Draw Down: 7.24%
MinFreeMargin: 4034%
If you are interested in viewing the demo in real time, here is the following demo information:
66.114.120.23:443
Login : 5327078
Investor : olm6zqz (read only password)
Note: Information will be updated periodically as long as I am running the demo.
Due to popular demand, I am including the exact EA I am using and the SET files. The timeframe is on each SET file.
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Last edited by holyguy7; 12-03-2008 at 02:42 AM.
Reason: Updating Data
I am so conservative I am trading a penny per pip in my IBFX mini account on 1K live....lol...perhaps I can turn MM on....
When you guys post about .01 I think you mean 10 cents a pip...
BUT REMEMBER....
There are many IBFX mini account users here .01 means 1 penny a pip to us...
I am so conservative I am trading a penny per pip in my IBFX mini account on 1K live....lol...perhaps I can turn MM on....
When you guys post about .01 I think you mean 10 cents a pip...
BUT REMEMBER....
There are many IBFX mini account users here .01 means 1 penny a pip to us...
ES
I'm pretty sure everyone here is trading IBFX minis, which, in all cases,
will be 1-cent/pip. I have yet to see anyone using a IBFX Standard
account.
Holyguy7's statement is exceptional, but you have to factor in the
.04 starting lots(4-cents/pip). On his $10K account, he's effectively
trading .01 lots per $2.5K, which is super conservative.
If I trade all four pair in v4.3 with MM on with a 1K IBFX mini account ...would that be conservative?
ES
Not really conservative. I would not trade a live account with only $1000 for four pairs. Perhaps I would trade 1 pair, but not four. You might be able to trade two pairs, but that would be the max I would go on only $1,000. I hope this helps.
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