IMHO it is good to add SL at least 4:1. I mean if I hunt 100 USD, SL to be 400 USD. This is from my demo account experience. Because this bot makes money 80% of runs but lose all in one round. And lose more than twice that it wins....SteveHopwood » Wed Oct 05, 2022 12:46 am wrote:It is the work of seconds to add a stop loss if you really want one. Our experience in over a decade of basket trading is this: basket stop losses are hit far more often than they allow the markets to move in our favour.Barcode » Mon Oct 03, 2022 11:50 pm wrote:I'm still interested and still running tests but I think it's a lost cause unless we get a stop loss.
Let ne out it more directly, They are a 100% guarantee of losing.
Doesn't mean I will not add the feature if you really are daft enough to ignore the received wisdom of many traders acquired over more than a decade. It will just make you look silly in the eyes of the rest of us. Sing out if you are still idiotic enough to ask me to add it. I will do so without further teasing.
Truth to tell, I had forgotten about the bot until telaso posted about it. One of the advantages of using Eaymon's vps is that I can leave a demo running without worrying about computer resources.
Following reading telaso's post I visited the demo. It has lost c.35% of its starting value.
Doesn't look like a goer to me.
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Scalping New York
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telaso
- Trader
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Scalping New York
- SteveHopwood
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Scalping New York
Done. V 1e in post 1. Details in "Edit 9th Sept 2022", just above the demo account details.telaso » Sun Oct 09, 2022 12:03 am wrote: IMHO it is good to add SL at least 4:1. I mean if I hunt 100 USD, SL to be 400 USD. This is from my demo account experience. Because this bot makes money 80% of runs but lose all in one round. And lose more than twice that it wins....
Read the effing manual, ok?
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.
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telaso
- Trader
- Posts: 17
- Joined: Mon Jan 25, 2021 8:32 am
Scalping New York
Great!
Thanks Steve!
Let's see what can we do with this new setting...
Thanks Steve!
Let's see what can we do with this new setting...