I meant without opening new baskets. I was 25% DD with only the original basket. So more with additional baskets but less than 100%
Also as my basket is more volatil I use a bigger percentage than 1% for opening new baskets otherwise the account would be soon wipped out !

It is only 1% for the 'original' basket - after that drawdowns of 4%, 11% 26% and 57% will trigger the additional secondary orders.

At least that is my (re)reading of vtams pdf. During the unwind, not only was my demo account half the recommended ratio, I was also opening secondary orders on every 1% decline - and it killed the account dead, unsurprisingly!

Ive been testing since 8/17.2007, my equity high is 13 % currently i am at 10%. Pure safe mode.

Can anyone tell me what forex brokers allows metals? Vtam?

Unlike most strategies (or London buses), nothing happens for ages, then a load of trades come along - all as a result of the latest overall market volatility of course!

My martingale setup got to level 3 then opened an additional round of secondary orders in 'safe mode' - it has just closed all of it's secondary trades for a nice profit. Swap profits add significantly during these periods as well - swap now contributes a not insignificant 0.67% to account equity.

The 'Binary' setup (essentially 'safe-mode' atm) still has its Secondary orders open (level 2 reached) so is quietly collecting swap. Nice

PS - forgot to add, drawdown for the martingaler was about 25%, only 4% for 'safe-mode' so a lot of additional (unnecessary(!)...) risk...

CTrader_v02
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Anyone expeirencing 30% DD with the current strength in the JPY pairs?

TimeFreedom

__________________
"Believe none of what you hear and half of what you see."

same here.... but my DD is 10%; may be you are overleveraging?... or may be your drawdown started before mine....

If you use the standard safe version you should have much less. Maybe 10% as said above;
You can get 30% maybe with the martingale version but we all know that it shouldn't be used.
Even with my riskier strategy I have around 20% DD, so as I got around +35% in balance from previous trades I feel pretty comfortable for the moment.

I am using the standard safe version and my initial basket was opened on 08.14.07. Currently I have 7 open baskets, including the initial basket. My biggest losers are USDCAD and EURUSD. I have been trading C-T since 08.14.07 and the max DD I experienced even during the previous unwind was -20%. Not sure why I am experiencing a bigger DD on a less severe unwind.

@ gorinw9,

Most likely the reason you only see 10% DD is you opened your initial basket at a more favorable position than mine.

TimeFreedom

__________________
"Believe none of what you hear and half of what you see."

Yes, that sound strange to me too.
Did you recover completely from the previous unwind, meaning did you end up only with the core position at some point? The only reason I could see is that some of the trades from the previous unwind are still there.

The time you start this strategy has a strong effect on your balance but it should have less effect on the DD % because the equity peak should be almost at the same time anyway, except if some old trades still remain.