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Peaky on Steroids
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Author:  spymez [ Thu Dec 20, 2018 9:07 pm ]
Post subject:  Peaky on Steroids

Well Done Gertje :hi:

Thank you for keeping us up to date with your progress.

You are an inspiration to us all,

Merry Christmas.

Regards

Spy
Author:  billv [ Thu Dec 20, 2018 11:20 pm ]
Post subject:  Peaky on Steroids

Gertje » Fri Dec 21, 2018 1:52 am wrote: In the last week of August I crossed the 100K mark, only to loose nearly 2/3th of the account a week later. :arrrg:
Hello Gertje

This reminds me of the proverb: Easy come easy go"
I know this is painful but bad situations on demo are good because they add to our experience without the pain of losing our savings.

Don't worry, better days are coming.
Have a good Christmas and a profitable year
:!!: :!!: :!!: :!!: :!!: :!!:
Author:  tomele [ Wed Jan 02, 2019 12:50 am ]
Post subject:  Peaky on Steroids

I know there are sometimes users with a death wish.

But EAs?
XAUUSDH4.png
Cheers
Author:  SteveHopwood [ Wed Jan 02, 2019 1:46 am ]
Post subject:  Peaky on Steroids

tomele » Wed Jan 02, 2019 12:50 am wrote:I know there are sometimes users with a death wish.

But EAs?



Cheers
It is entirely possible to be in positive pips yet negative cash. Ok, so granted manual trading but here is something I have live on UJ: +222 pips; -$50 cash. The culprit apart from me getting the trades wrong in the first place - swap.

Pips do not tell the real story. Cash does. We are either in + or - cash territory. Pips do not matter a hoot.

:xm: :rocket:
Author:  tomele [ Wed Jan 02, 2019 1:56 am ]
Post subject:  Peaky on Steroids

You are absolutely right, Steve.

I didn't refer to the cash/pips discrepancy. I was puzzled about the equity graph.

Cheers
Thomas
Author:  billv [ Wed Jan 02, 2019 2:27 am ]
Post subject:  Peaky on Steroids

tomele » Wed Jan 02, 2019 12:56 pm wrote:You are absolutely right, Steve.

I didn't refer to the cash/pips discrepancy. I was puzzled about the equity graph.

Cheers
Thomas
It is a risk off situation + combined with the GBP sell off due to Brexit

But the trade size in this account seems higher than the one you've used in your SPB

So you have a smaller sized account trading a larger trade size.
Author:  tomele [ Wed Jan 02, 2019 2:51 am ]
Post subject:  Peaky on Steroids

Nope.

The Brexit sell off didn't start mid December, it started July/August. Have a closer look.
Author:  billv [ Wed Jan 02, 2019 3:00 am ]
Post subject:  Peaky on Steroids

tomele » Wed Jan 02, 2019 1:51 pm wrote: The Brexit sell off didn't start mid December, it started July/August. Have a closer look.
And you could say that Brexit started even earlier but it doesn't matter when an event starts,
it matter when the EA give signals and it matters even more when there is a large trend.
For example look at the GBPYJPY from November and until now on 1H

And the CADJPY was sold off because the price of oil suddenly started falling big time and this happened to coincide with "risk off" and created a long run down on this pair.
Now will these pairs stop and swing back to allow for trade recovery?
It is possible but I don't know how soon, I'd wait and see.
Author:  tomele [ Wed Jan 02, 2019 3:04 am ]
Post subject:  Peaky on Steroids

Why don't you start a demo with PoS and prove your theories? I only post trading results.
Author:  billv [ Wed Jan 02, 2019 3:26 am ]
Post subject:  Peaky on Steroids

tomele » Wed Jan 02, 2019 2:04 pm wrote:Why don't you start a demo with PoS and prove your theories? I only post trading results.
Hi Thomas

What are you doing up this late? Partying?
:!!: :!!: :!!:

I'm now running 5 POS accounts but my POS is significantly different so my results are not relevant.

However, your results reminded me of the importance of the trade size
You see, not only we have to be VERY conservative in our trade size but also we have to be aware that the pip value is different between currency pairs.

This is not something that our current series of EA's is considering so sometimes we will have a situation where we have 5000 pip DD in currency pairs which have low pip value and the DD is manageable
and other times we will have similar number of pip DD but in pairs which have higher pip value and in the 2nd case we blow the account.
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