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PP Set Files
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=4096		 Page 2 of 2
Author:  AGT [ Sat Jun 13, 2015 11:37 am ]
Post subject:  PP Set Files
Hi Mike ! :hi:

Nice to see your good results ! They are not so far away from mine.

But be careful with the interpretation - especially take a look at your last numerous NZD trades ! Someone here gave a valuable advice comparing these trades on demo and live accounts ! They have been abolutly different !!!
Author:  Mike [ Sat Jun 13, 2015 12:30 pm ]
Post subject:  PP Set Files
AGT » Sat Jun 13, 2015 12:37 pm wrote: ...be careful with the interpretation - especially take a look at your last numerous NZD trades ! Someone here gave a valuable advice comparing these trades on demo and live accounts ! They have been abolutly different !!!
Thanks for the spot, will screen the forum and come back. Perhaps Jemook can explain the differences since I am on GP Mike
Author:  Mike [ Thu Jul 02, 2015 2:49 pm ]
Post subject:  PP Set Files
Hi all
PPoS got struck by News today: I lost 13% of my account within minutes, (which is almost the same amount I had recovered from losses since June 17 by the way, almost entirely this morning - you can imagine how happy I was this morning and how I looked at the screen now after the news).

My 50 Pips SL of Multitrades were the main reason for the losses.
I wonder
1. How to avoid getting struck like that: do you turn off the account during important news?
2. My Close TP of sAPBM is now far too way off, I have to reset sAPBM.

But instead of doing the same again I think I want to change my settings:
Actually I have set individual SL for Maintrades and Multitrades (50 Pips), the 30 Pips Multitrade TP AND a Basket take Profit of 3%
Setting no SL within PPoS, having all SL in sAPBM and turning it off during news would be an alternative. Would anybody share his setting and Capital protection-strategy that survived todays news (well) with or without turning the EA off.
I would appreciate very much, thanks Mike
Author:  JRforex [ Thu Jul 02, 2015 4:33 pm ]
Post subject:  PP Set Files
Mike » Thu Jul 02, 2015 8:49 am wrote:Hi all
PPoS got struck by News today: I lost 13% of my account within minutes, (which is almost the same amount I had recovered from losses since June 17 by the way, almost entirely this morning - you can imagine how happy I was this morning and how I looked at the screen now after the news).

My 50 Pips SL of Multitrades were the main reason for the losses.
I wonder
1. How to avoid getting struck like that: do you turn off the account during important news?
2. My Close TP of sAPBM is now far too way off, I have to reset sAPBM.

But instead of doing the same again I think I want to change my settings:
Actually I have set individual SL for Maintrades and Multitrades (50 Pips), the 30 Pips Multitrade TP AND a Basket take Profit of 3%
Setting no SL within PPoS, having all SL in sAPBM and turning it off during news would be an alternative. Would anybody share his setting and Capital protection-strategy that survived todays news (well) with or without turning the EA off.
I would appreciate very much, thanks Mike
I learned the hard way last month not to trade during NFP, so I closed all my trades at a 4% profit during London session, and I used SAPBM to disable EAs after that. I use a 100 pip SL for all trades, but I guess that depends on the user, some use a 50 pips SL, others use a 1 ATR SL...

JR
Author:  Mike [ Fri Jul 03, 2015 9:01 am ]
Post subject:  PP Set Files
JRforex » Thu Jul 02, 2015 5:33 pm wrote:
Mike » Thu Jul 02, 2015 8:49 am wrote:Hi all
PPoS got struck by News today: I lost 13% of my account within minutes ... I think I want to change my settings. Mike
I learned the hard way last month not to trade during NFP, so I closed all my trades at a 4% profit during London session, and I used SAPBM to disable EAs after that. I use a 100 pip SL for all trades, but I guess that depends on the user, some use a 50 pips SL, others use a 1 ATR SL...
JR
Thanks JR. Right now, I recovered ALL the losses of yesterday and made another 7% plus on my account, amazing!
So I will not change my settings, but 1. close all my open trades before important news and 2. ask for modifications of the look back period of this bot.
Mike
Author:  qvintus [ Fri Jul 03, 2015 10:25 am ]
Post subject:  PP Set Files
No loss yesterday for me at all. I did not touch my demo account trading 28 pairs. Only trading main trades. Xfactornos settings.

My live accont I disabled trading thursday before the high impact speech.
Author:  Mike [ Fri Jul 03, 2015 11:38 am ]
Post subject:  PP Set Files
qvintus » Fri Jul 03, 2015 11:25 am wrote:No loss yesterday for me at all. I did not touch my demo account trading 28 pairs. Only trading main trades. Xfactornos settings.
My live accont I disabled trading thursday before the high impact speech.
Most interesting, thanks
No basket trading?
Running since?
Monthly Gain?
myfxbook-link?

Mike
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