View Full Version : I got absolutely slaughtered today!!
mystikdragon7
11-13-2008, 05:33 PM
How did everyone else do today? My account went from $1000 to $7 in about an hour. Glad this is a demo account:o FAPS opened 5 sell orders right before the EUR shot up 800 pips. Hope everyone that had a sell order got out before it skyrocketed on the EUR/USD. I feel for everyone that lost on their live account.:(:(
Craig BC
11-13-2008, 05:41 PM
I have not been watching it that closely, but I didn't think it went up 800 pips. Although I can't look at it now (I'm at work)
I closed off the first sell early this morning at about 100 pips.
And it opened and closed 3 trades, all sells.
Then it opened another sell at 1.2481 and has been sitting there since.
Willsell
11-13-2008, 05:45 PM
How did everyone else do today? My account went from $1000 to $7 in about an hour. Glad this is a demo account:o FAPS opened 5 sell orders right before the EUR shot up 800 pips. Hope everyone that had a sell order got out before it skyrocketed on the EUR/USD. I feel for everyone that lost on their live account.:(:(
Only thing that saved my butt was the buy trades that offset that awful run up.
Now I am sitting with the 3 FAPS sell trades that are trying to wipe me out on my demo account. The lesson That I learned was that do not rely strictly on FAPS transactions........do your own thing in addition to FAPS (that is what saved me today) On my small demo account the run up has wiped out all of my profits for the week. But I can sustain because FAPS was only allowed to open 2 sell(bad trades).
Craig BC
11-13-2008, 05:50 PM
I think the only way FAPS works is to let it run, and make sure your lots are small enough to handle almost anything.
I'm not getting rich, but I think I could handle a large jump without getting close to a margin call.
And it usually comes back. At least it always has so far.
I've closed a couple, not because I didn't think they would come back, but because I didn't like them out there that long with no other trades happening.
in the backtest it shows that faps buys and sells but on a live account it seems to only sell sell sell great if your trending down like the past few days but horrible if you trending up...
that bad trade wasn't in the positive from the start
Nelstradamus
11-13-2008, 07:06 PM
I too got into a losing trade on the EUR/USD and this open trade has a negative balance that would wipe out my entire weeks worth of gains plus an extra $500 on top of that. It sure was a great week though. If my setup was different and I was paying attention I probably would have stopped the bleeding at around a -$3000 loss, but now it's over twice that. DEMO ACCOUNT.
Alfonzo
11-13-2008, 07:08 PM
I'm running on virtually default settings (except TP of 25 and SL of 400) and I've had nothing but wins (27) since resetting my demo account 3 days ago, which has made $586 on a $10k account. This is trading a max of 3 lots, at 1$ per pip. It actually did make a buy trade early hours of this morning.
koeiseun
11-13-2008, 07:15 PM
I escaped this one. I manually trade FAPS live by duplicating the trades that happens on a demo system. I wrote an indicator that would send me emails as soon as FAPS places a trade and then I manually enter it int my live account. I was asleep when that sell at about 1.2400 came so I never entered it. Thank goodness as I am up 500 pips for the week.
lorddave
11-13-2008, 07:52 PM
Well... thats a pretty clever way of doing it!
joames
11-13-2008, 07:55 PM
I dont understand why you are losing in demo. I am in live EURUSD 1M, with default settings, and i win 60% in a week. All operations are win!!!
My account goes from 10.000$ with 1 lots, since 11-06 to 16.460$ today
IN GBPUSD is other machine of make money. I am dreaming....?
Why you lose if you have the same system?
BryanA
11-13-2008, 08:01 PM
I dont understand why you are losing in demo. I am in live EURUSD 1M, with default settings, and i win 60% in a week. All operations are win!!!
My account goes from 10.000$ with 1 lots, since 11-06 to 16.460$ today
IN GBPUSD is other machine of make money. I am dreaming....?
Why you lose if you have the same system?
I noticed that the 5M chart, which I am running on opened the trades that are causing the problems. If you were on the 1M chart (default), one of those trades probably did not open. That might be why.
Bryan
wishiwasrich
11-13-2008, 09:17 PM
Really strange, i am running 2 demo accounts right now, one at M5 and one T M1 and both had positive trades today (all buys). ?/??
forexdude1
11-13-2008, 09:18 PM
I dont understand why you are losing in demo. I am in live EURUSD 1M, with default settings, and i win 60% in a week. All operations are win!!!
My account goes from 10.000$ with 1 lots, since 11-06 to 16.460$ today
IN GBPUSD is other machine of make money. I am dreaming....?
Why you lose if you have the same system?
I wholeheartedly agree!
All of FAPS trades today closed in profit for me.
However, I did lower my lot sizes as I was aware of news being released, and I had to be at my day job without the ability of supervising FAPS.
I haven't posted a loss for days... you guy are looking for perfect...it doesn't exist.... this was bound to happen.
this is not a set it and forget it system...
plus the months not over yet...it could still win :D
humans are too much in a rush...like me...LOL
my advise....
read the news reports
watch the chart
if you hear that there is an uptrend turn faps off
if you see the up trend on the chart turn faps off
turn faps on in a down trend and make money...
n1ghtnday
11-13-2008, 09:31 PM
I haven't posted a loss for days... you guy are looking for perfect...it doesn't exist.... this was bound to happen.
this is not a set it and forget it system...
plus the months not over yet...it could still win :D
humans are too much in a rush...like me...LOL
my advise....
read the news reports
watch the chart
if you hear that there is an uptrend turn faps off
if you see the up trend on the chart turn faps off
turn faps on in a down trend and make money...
Or just turn FAPS on "Long" mode only during an uptrend.
koeiseun
11-13-2008, 09:32 PM
That is what I have been doing with the manual trading I am doing. I do not trade if it is agains the main trend.
Why is it that FAP is uptrend challenged?
KS
n1ghtnday
11-13-2008, 09:45 PM
That is what I have been doing with the manual trading I am doing. I do not trade if it is agains the main trend.
Why is it that FAP is uptrend challenged?
KS
FAPS isn't uptrend challenged, it just doesn't have enough time to calculate an uptrend with the parameters it uses to signal trade positions. If the overall trend shows up then faps will make uptrend moves. If the trend keeps going up then I expect FAPS to switch to making more buys than sells. You can test this through backtesting and see that FAPS makes almost as many buys as it does sells.
My best advice is during areas of potential rebound to turn LRR size down to a bare minimum and watch for news announcements. That or turn FAPS off alltogether.
FAPS is an autopilot and we are the pilots.
-nnd
Willsell
11-13-2008, 10:21 PM
FAPS isn't uptrend challenged, it just doesn't have enough time to calculate an uptrend with the parameters it uses to signal trade positions. If the overall trend shows up then faps will make uptrend moves. If the trend keeps going up then I expect FAPS to switch to making more buys than sells. You can test this through backtesting and see that FAPS makes almost as many buys as it does sells.
My best advice is during areas of potential rebound to turn LRR size down to a bare minimum and watch for news announcements. That or turn FAPS off alltogether.
FAPS is an autopilot and we are the pilots.
-nnd
When Faps execute a trade it will excute the number of trades based on the max orders and other factors and then it goes to sleep until those trades are closed. Ex. today Faps executed a series of sell trades in the A.M. the market went against those trades big time. So there you sit watching a huge upside swing That FAPS will not react to because it has already excecuted X trades defined by your settings. I have seen it issue a buy trade in between a series of sell trades , but that is rare.
newman
11-13-2008, 10:51 PM
This system needs a good money management system. If it has a winning trades of 95% as claimed by the seller, why not set a stop loss strategy that limit the drawdown ?
Naked trade is risky in FX. Do not try it on your 'Live' account, newbie.
The problem is the indicators lag.....
very few times have I ever see faps take a trade and it goes straight into profit...
a quick flip like what happened today will always get faps....
what can you do to fix it???
change the MA....maybe 30??
I wish I knew...
is there away to get in and edit the faps EA????
maybe we could code that hedge program right in on top of faps
I made 2 grand in 3 days..!!!
if I was really watching I wouldn't have had a problem...
I'm still up 2 grand...lol and I live in Canada 20 cents more on that green back.... Kids are going to have a great Christmas because there will be more days winning days to come..
lets shake this off
brush the dirty out of our faces
And get ready to put up some more winning trades up on the board!!!
n1ghtnday
11-13-2008, 11:32 PM
The problem is the indicators lag.....
very few times have I ever see faps take a trade and it goes straight into profit...
a quick flip like what happened today will always get faps....
what can you do to fix it???
change the MA....maybe 30??
I wish I knew...
is there away to get in and edit the faps EA????
maybe we could code that hedge program right in on top of faps
The indicators do lag as well, but it's not too extreme with a fast and stable computer system / internet connection.
Changing the MA could help with the major reversals, but I wonder how that would affect FAPS in overall performance. I don't believe MA tests well, if at all in backtesting. I guess we can try...
There is a way to code hedging right on top of FAPS, and it's not very difficult. We just need to know exactly what we're trying to change.
yes I'm slaughtered. from 500$ on live went to 40$
Voltrina
11-14-2008, 08:09 AM
from 365, to 207$...
live account..
would someone recommend me a setting?
btw, could someone here tweak the autopilot if i had the source code?
mystikdragon7
11-14-2008, 11:11 AM
Has anyone recovered from yesturday yet? For the first time in a while FAPS has opened buy trades for me and they'ere looking good right now. I changed my MA to 45 to see how that will work.
wishiwasrich
11-14-2008, 11:44 AM
what setting were you all using that did bad yesterday?
BryanA
11-14-2008, 12:26 PM
Well, I started FAPS on the 10th and went up two thousand. I am now down about 1,200. Still not a bad week for a start. (+ $800 ain't bad)
I was able to get back some of those pips by holding on to the trade. That was pretty difficult. I have no more fingernails.
Bryan
wishiwasrich
11-14-2008, 12:38 PM
hi Bryan,
Was that on the M1 or M5, what settings were you using?
mystikdragon7
11-14-2008, 12:42 PM
what setting were you all using that did bad yesterday?
Not quite sure if the settings had anything to do with it yet or not. I have not back tested for yesterday yet. It's more than likely just the way it happened. You win lots and then you lose a little. Only this time it was my whole account lol:( I will back test some later with different settings for yesterday and see what I come up with. But I just decided to change my MA again up to 70.
BryanA
11-14-2008, 01:23 PM
hi Bryan,
Was that on the M1 or M5, what settings were you using?
That was on th M5 with these settings all week:
Parameters Lots=.5;
LotsRiskReductor=1;
MaxOrders=1;
MaxLots=100;
StopTime=5;
aaa=20;
bbb=8;
TakeProfit=20;
StopLoss=0;
TrailingStop=0;
UseMAControl=1;
PeriodMA=100;
PriceMA_0_6=0;
TypeMA_0_3=0;
SpanGator=0.5;
SlipPage=3;
OrderMagic=231313;
SafetyGapDemarker=0.2;
SafetyGapWPR=0;
StartWorkTimeHour=0;
StartWorkTimeMin=0;
EndWorkTimeHour=0;
EndWorkTimeMin=0;
I have a demo that was on the 1M chart with default settings and it did much better. It did enter 1 of the sells. I shut that one manually. It did not pick up the second sell trade that caused all of this mayhem.
Bryan
mystikdragon7
11-15-2008, 10:55 PM
Hey Bryan, how did you fair with those setting this week? I have found that taking the Stop Time to 1 and the MA down to around 40 work really good for me.
BryanA
11-16-2008, 01:16 AM
Hey Bryan, how did you fair with those setting this week? I have found that taking the Stop Time to 1 and the MA down to around 40 work really good for me.
All in all, very well. If I had closed out of that one sell that went bad I don't think that it would have had a chance to open another one. If that had been the case, I would be up two thousand for one week. Unheard of, for me.
Bryan
^eagle^
11-16-2008, 01:45 PM
from 365, to 207$...
live account..
would someone recommend me a setting?
btw, could someone here tweak the autopilot if i had the source code?
We have a couple of coders here and I used to program in BASIC a decade or two ago so I'm sure we could come up with something.
I have a flow chart for an add on idea I have been working on. Moving the period MA to 21 and changing the stop time to 20 almost does the same thing as my add on. I'm willing to share it if anyone is interested in coding it.
The logic premise is
Maximum orders=5
Orders > 3 then....
If longs=0 then long only else
If shorts=0 then short only else
if Current price-Highest short price>30 and h1=bull candle then long only else long and short
If Lowest long price-current price> 30 and h1 =bear candle then short only else long and short
I also have a margin altimeter that monitors margin until it reaches a specified level then goes to subroutine above (I have this an an optional routine)
I am thinking of adding a Stop loss only to those trades that seem to fall off the wagon to clear them out. then if we could hedge just those with the hedging EA I think we would have a complete system
It's kinda complicated but Let me know what you guys think.
Is my logic flawed?
When price moves up through MA =long only
When price moves down through MA=short only
^eagle^
11-16-2008, 02:00 PM
from 365, to 207$...
live account..
would someone recommend me a setting?
btw, could someone here tweak the autopilot if i had the source code?
We have a couple of coders here and I used to program in basic a decade or two ago so I'm sure we could come up with something.
I have a flow chart for an add on idea I have been working on. Moving the period MA to 21 and changing the stop time to 20 almost does the same thing as my add on. I'm willing to share it if anyone is interested in coding it.
The logic premise is
Maximum orders=5
Orders > 3 then....
If longs=0 then long only else
If shorts=0 then short only else
if Current price-Highest short price>30 and h1=bull candle then long only else
If Lowest short price-current price> 30 and h1 is bear candle then short only else goto start of subroutine
I also have a margin altimeter that monitors margin until it reaches a specified level then goes to subroutine above (I have this an an optional routine)
I am thinking of adding a Stop loss only to those trades that seem to fall off the wagon to clear them out. then if we could hedge just those with the hedging EA I think we would have a complete system
It's kinda complicated but Let me know what you guys think.
Is my logic flawed?
When price moves up through MA =long only
When price moves down through MA=short only
BryanA
11-16-2008, 02:12 PM
Many of you may already know of other sites that allow you to monitor weekend price action. One of them is : www.tenfore.com/markets.asp?symbol=EURUSDLITEx
As you can see the EUR/USD is down to 1.2586. Those bad trades would not have turned out so bad with a little patience. Too bad I did not have any. Live and learn.
Bryan
^eagle^
11-16-2008, 02:43 PM
Many of you may already know of other sites that allow you to monitor weekend price action. One of them is : www.tenfore.com/markets.asp?symbol=EURUSDLITEx
As you can see the EUR/USD is down to 1.2586. Those bad trades would not have turned out so bad with a little patience. Too bad I did not have any. Live and learn.
Bryan
Thanks for the link!
I should make about 200 to 300 pips on the opening bell.
I have four open sells right now including my big loser. anything under 1.26 at open will be a win for me!
My big loser will still be in draw down but not by much.
The trend is your friend!:)
Edit: forgot to apply my transformational vocabulary:
That should be profit (not win) and expense (not loser)
Thanks Bryan I will add it to my favorites:D
learning everyday
BryanA
11-16-2008, 05:12 PM
The EUR/USD now at 1.2543. What do you know, looks like it may bounce off of oringinal downward channel support. Technicals rock.
Bryan
BryanA
11-16-2008, 06:05 PM
The EUR/USD now at 1.2543. What do you know, looks like it may bounce off of oringinal downward channel support. Technicals rock.
Bryan
It actually broke right through.
I think the only way FAPS works is to let it run, and make sure your lots are small enough to handle almost anything.
I'm not getting rich, but I think I could handle a large jump without getting close to a margin call.
And it usually comes back. At least it always has so far.
I've closed a couple, not because I didn't think they would come back, but because I didn't like them out there that long with no other trades happening.
Craig is absolutely right. In addition FAPS + bad money management (IE EXCESSIVE risk) = disaster waiting to happen.
BryanA
11-18-2008, 09:46 AM
Did any of you guys catch a sell at 1.2558 last time it was there. I got into a sell and have been riding it out hoping for a retrace. So far it has not gotten back there and I am a little concerned that it will not.
Bryan
Sooner
11-18-2008, 10:37 AM
Yep my faps has the same sell point or close to it, mine may even be a bit lower than that. There are still a fair number of days until the end of the month, I am going to hedge long manually and let it ride.
oofdah
11-18-2008, 10:39 AM
Did any of you guys catch a sell at 1.2558 last time it was there. I got into a sell and have been riding it out hoping for a retrace. So far it has not gotten back there and I am a little concerned that it will not.
Bryan
Yep. I'm running 2 demo accounts at 2 different amounts, they both sold at 1.2591.... just lettin 'er ride.
I have the same sell on my live account....
our internet or computer is slow...
my father caught the same trade but about 10 pipes earlier some how...his won
I think internet and computer speed is a problem.
lorddave
11-18-2008, 01:18 PM
Heh, I have 2 sells, 1.2546 and 1.2538. I'll close them out next time it gets close...
Sooner
11-18-2008, 02:22 PM
Just checked and my sells are are 1.2546 and 1.2563 it is trending down now though so I expect the TP to be hit on both of them during the next 24 hours or so.
mystikdragon7
11-21-2008, 01:52 PM
I've got five sell trades that opened at 1.2455 and now there're at a negative $170. I sure hope it drops more before the market closes up here soon.
koeiseun
11-21-2008, 03:25 PM
I've got five sell trades that opened at 1.2455 and now there're at a negative $170. I sure hope it drops more before the market closes up here soon.
That is one of the reasons when I trade (still manual using FAP as a guide) I do not sell when the TP is lower than the lowest low of the last 2 hours and the reverse for buy (not that FAP do a lot of buying - less than 5% of trades are buy)
Sooner
11-21-2008, 03:38 PM
Don't think you are going to close those today mystik, but I have a couple in that same range. With the new releases here right at the end of the day and the DOW going up for once during the last hour I think we are both going to have to ride them out over the weekend. I have however put a pretty tight trailing stop on them that way if they open considerably lower, I should be able to get the majority of the pips out of it.
mystikdragon7
11-21-2008, 03:44 PM
Speaking of the stock market, I actually made a dam good profit today. First time since I lost huge from WAMU!!!
But I was really hoping I could close these trades before the market closes. Oh well:rolleyes:
koeiseun
11-21-2008, 03:54 PM
Don't think you are going to close those today mystik, but I have a couple in that same range. With the new releases here right at the end of the day and the DOW going up for once during the last hour I think we are both going to have to ride them out over the weekend. I have however put a pretty tight trailing stop on them that way if they open considerably lower, I should be able to get the majority of the pips out of it.
Hint - just before the market closes and you see you will have to keep them open, move your TP even lower (if you are SHORT), therefor if the market opens with a gap you can squeeze a few extra pip out.
mystikdragon7
11-21-2008, 04:54 PM
Well looks like I closed -$200. Oh well I'm sure it will come back around, it always seems to no matter how long it takes.
Sooner
11-21-2008, 05:01 PM
Considering the overall trend is still down it is likely to open lower on Sunday. I have a EURJPY trade floating as well with roughly the same results. Either I will win them both or they will get closed out at the end of the month, I am trying to be as patient as possible whether the money is real or fake so I don't freak out over a draw down on a live account.
koeiseun
11-21-2008, 10:31 PM
Considering the overall trend is still down it is likely to open lower on Sunday. I have a EURJPY trade floating as well with roughly the same results. Either I will win them both or they will get closed out at the end of the month, I am trying to be as patient as possible whether the money is real or fake so I don't freak out over a draw down on a live account.
looking at after market trading the EURUSD is already down for the weekend by about 70 pips, so hopefully it goes down more before the sunday open. I placed my TP very low so that I do not get stopped by a small TP. Will make sure I am in front of the comp when markets open on Sunday. Price is now 1.25145 and it is 20:30 MST (friday).
Sooner
11-21-2008, 11:11 PM
I am about 100 pips down on my lowest EuroUSD sell trade and about the same on an EURJPY that I knew better than to open as it always goes up the last couple of hours before the week closes due to short covering....
koeiseun
11-21-2008, 11:17 PM
I have 4 sell trades open and if I can close them at just above 1.2500 I start the week at +400. If that is the case I might just take a break for the rest of the week as I am well ahead of my target for the month.
I got no trades open...
I like to stop early on fridays's I hate having open trades...
The last one closed out and I shut faps down...
I'm even for the weekend...
I'm thinking not to start it until Monday morning
mystikdragon7
11-21-2008, 11:21 PM
I have 4 sell trades open and if I can close them at just above 1.2500 I start the week at +400. If that is the case I might just take a break for the rest of the week as I am well ahead of my target for the month.
Good show of being in control and discipline. I know I still get caught up in a trade when I know I shouldn't.
koeiseun
11-21-2008, 11:41 PM
I got no trades open...
I like to stop early on fridays's I hate having open trades...
The last one closed out and I shut faps down...
I'm even for the weekend...
I'm thinking not to start it until Monday morning
Do not start before Monday. Now if I can just listen to myself as well. Last Sunday I was watching what happens with the gap at trade open, and repeated to myself 10 time, do not trade. I did. It took me until wednesday before those trades closed and I could trade some more. Stupid, stupid, stupid. The same happened today before the close, fortunately I look good with them (for now)
lorddave
11-22-2008, 05:17 AM
Well I have extended out all my TP's and am hoping for a weekend turn around (1 sell at 1.2492 and another at 1.2432), I am just puzzled as to why the values change over the weekend? Are there certain exclusive currency markets that still trade over Saturday-Sunday?
koeiseun
11-22-2008, 12:59 PM
I always thought they do not but if you watch www.xe.com and also do a price quote on http://www.oanda.com/convert/classic you will see slight movements over the weekends. My broker closed with EURUSD at 1.2569 and at that time xe.com showed the same. After a few hours xe and oanda showed a drop of about 50 pips. Maybe if there is someone on these forums that work for a broker they can explain it to us.
mystikdragon7
11-22-2008, 06:08 PM
Yes there are foreign markets that trade over the weekend.
banks and government trade on the weekend...they push around the price
koeiseun
11-24-2008, 11:09 AM
Well that did not work out good at all ...
All those SELL's got stopped out. Not a good way to start the week.
Yep, my sell order just got stopped out 10 minutes ago and FAPS quickly opened another sell order which is now -60 floating. On the H1 chart the Williams Percentage R indicator is dipping below the overbough line (-20) so I believe my position just may close at a profit, but still it will take a few trades to make up for the -300 pip loss.
lorddave
11-24-2008, 12:45 PM
Well my account is down to 340% margin... Im just going to leave it and hope this turns around but, holy crap talk about breakout!
forexdude1
11-24-2008, 01:48 PM
Yep, my sell order just got stopped out 10 minutes ago and FAPS quickly opened another sell order which is now -60 floating. On the H1 chart the Williams Percentage R indicator is dipping below the overbough line (-20) so I believe my position just may close at a profit, but still it will take a few trades to make up for the -300 pip loss.
Got stopped out too at -350 pips.
One sell with a floating loss of -130.
I closed out FAPS for the rest of the week. I'm busy moving and can't keep an eye on things. I haven't had the time to manual trade either. That sell order is still open ........it's giving me shivers right now!
globalworld09
11-24-2008, 02:43 PM
I trade real money using FAPS, here is what I can tell you, FAP is a great product but trading a $10K account is like walking on a tight rope, not enough room to swing, I would not recomend trading lots bigger then 0.10 or 0.30 on a $10K account, cause you cant swing large using 1.0 or 2.0 lots, you need to be less greedy and more consistant. . . and one more really important thing. I never leave my FAP on 24 hours, I use it while i work during the day, and by no later then around 11pm to 12am I close off the Expert Advisors IE FAP Advisor, Set my TP (take profit) correctly, and go to bed! Then I get up around 8, turn on my Forex MetaTrader4 (Not advisors) check the market range , and WHEN and only WHEN the market hits the MIDDLE range in any trend but the MIDDLE of the 24 hour trend, THEN i activate advisors. And sometimes it goes right away into trade, and sometimes it takes 10-15 minutes . . .I hope this helps build confidence. Like I said I now trade real money using FAP but I have set rules for myself.
^eagle^
11-24-2008, 04:20 PM
hey guys what is your period MA setting. Since I lowered mine to 21 and raised stop time to 20 Ive been doing great. The reversal didnt even phase me. I do have a floater down low at support but I racked up some good trades today.
lorddave
11-24-2008, 04:22 PM
Hrmm I have an MA of 75 and ST of 5.
Simmo
11-24-2008, 04:31 PM
Stop Time 5
MA= 50
MA Type =3
mystikdragon7
12-19-2008, 12:29 AM
So who else got slaughtered today on the EUR/USD? I had to close out some of my trades for a loss but I know I'll make that back. I also don't think things will be settling down for a bit to on this pair.
BryanA
12-19-2008, 01:28 AM
I also have my MA set to 21. I also went back to default aaa & bbb settings. It was a great trading day for me.
I "played it safe" and turned FAPS off right at the top. I guess I got lucky and called a top for once in my life..hahaha...still did not have the balls to enter into a short position though.
stuve
12-19-2008, 04:07 AM
I got slaughtered yesterday and today =/
From $1800 down to $1100
mrozmanith
12-19-2008, 05:18 AM
I'm using FAPturbo in a demo account and I've had nothing but winning transactions all week, including yesterday. Up $1,125 over last 3 days...9 winners in a row. This is with the default settings. The demo account is VelocityFX and uses a Forex.com datastream.
Oh - I'm running scalper on USDCAD EURGBP and GBPCHF, all M15.
Oddly, when I run this same exact combination on ForexMeta, I get no trades at all!
Marty I think you got the wrong thread. This is the Forex Autopilot section not FapTurbo.
Please post here:
http://www.forexautopilotforum.com/forumdisplay.php?f=19
Thank.
clolab
12-19-2008, 11:03 AM
Hi,
i do not use FAPS (think with FAPS you are refer to fap-winner EA)
Anyway, i am not agree with the "what goes up must come down" and vice versa strategy.
Why the heck do they - or you - not use stoploos???
This is the thing whe trade. PUT STOPLOOSE whatever happens!
mystikdragon7
12-19-2008, 11:05 AM
Well it was nice to wake up to a $175 open sell order!!:D:D I closed that one really fast!!
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