I was trying to remove a bug in my EA so I had the 'trigger' level set at 0.1% and the account size twice the recommended minimium, so it would open/close more trades...

The reason I mention this is that even though I am on the 5'th safe-mode level, I only have a 11.5% drawdown - at considerably more risk as I see it.

My martingale demo is down over 37% however...

In the C-Trader manual, the rule was to scale in with equal amounts of contracts to all the trades (both winning and losing trades)...

Is this the optimised way to scale in when net P/L is negative
or is it better to scale in larger portions for the winners?

How do you analyse a better way of scaling in when having a negative P/L?

Is it ok to scale in when P/L becomes positive at certain levels or to
scale out (manual mentioned just to collect interest)

If so, what are recommended levels? 1%, 3%, 5%, etc?

I am experiencing -40% DD using C-T as described in the manual.

From my observation the reason we are seeing these big DD's is due to the basket being heavily weighted in Selling the JPY, and CHF and also Buying the USD. As we all know the Yen has been gaining strength since the beginning of July and the USD has been weakening, therefore this basket has been eating our profits since the beginning of July.

My opinion is that a basket needs to be dynamic such that we can replace currencies when the overall market sentiment changes.

TimeFreedom

Attached Images

C-T_BasketTester_11-20-07_01.gif (35.5 KB, 317 views)

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

So I guess you're doing it strictly using safe mode? You're doubling up each time?

Yes, I use safe mode only. I don't trade martingale anything.

TimeFreedom

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

That is interesting smjones has very different results:

Forex Factory - View Single Post - C-Trader 4% a month for 3 months - results live

Yes, it's very interesting that my DD's are as big as they are (-40%) since smjones has only incurred a max DD of 8%.

TimeFreedom

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

Are you sure you are opening Secondary orders a the 'right' time? - It is only 1% for the 'original' basket - after that drawdowns of 4%, 11% 26% and 57% will trigger the additional secondary orders.

Omelette,

I am using an EA to place the trades, therefore will have to check the code. What has been your Max. DD and when did you start your demo?

I appreciate your help,

TimeFreedom

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

Unfortunately, I had my demo running on Alecchofx, who seem to 'expire' demo accounts at random - at least this is what happened to mine a few days ago! Up till then, the safe-mode drawdown was about 11.5% (max d/d was about 13-14% if memory serves). The modified-martingaler (after 3 levels, safe-mode) was down about 37% then...

But these are not really 'normal' market conditions - the USD is in meltdown mode, dragging the entire market with it...