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chrisbenjy

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Posts posted by chrisbenjy

  1. £2,997.00 - theres no way I would pay that much for a system. It might be good, although I think the price is just phycological in order to make you feel the system and one on one tuition must be good quality.

    It might be a good system and he does offer one on one tutition - supposedly. So if you have the money to spare then it might be worth it. However if you have that much money to spare on a system then you probably already have a killer profitable system and don't need another. In my opinion, using the money to pump up your trading account and also to buy a good less expensive strategy (or check the forum ;) ) is a better option.

  2. Can anyone help, i downloaded it from correlation code and then activated it. It worked for a while, but now it doesn't work. It lets me place a pending order, but when the price gets to the level in which a trade should be opened, it say's "error could not open order #P4 -- removing from queue (invalid price)"

     

    It says that all the time; even when I set the slippage as 100 pips. Any ideas?

  3. can some please explain this phrase in the shadow system:

     

    "The most importand thing you must know about this strategy, is: Look on the first trade sessions, when the first trade takes the tp from 60 pips, the session is endet!"

     

    Does the author mean the first trade as in the one he describes as being the 0.1 lot size trade? So when this trade hits tp you close all open trades, because the other 2 trades wont have hit tp because they are placed incrementally, 10 pips away - so when 1st trade hits tp, 2nd trade would only be 50 pips in profit (not yet reached tp) and the 3rd trade would only be 40 pips in profit (not yet reached tp), but we close them both anyway? And we also close all pending orders?

  4. As far as I'm aware, it was just a marketing ploy by an Expert advisor salesman claiming to be a wall street trader. Although there were sugestions on an investment news website that this may happen in the US, but not for atleast 12 months.

     

    Also, I dont think this will have any affect on traders; brokers will just migrate their offices overseas in order to escape regulations.

  5. On my FX lot size calculator for my acount size: in order to risk only 3% ($6) with a 33 pip stoploss I should use a micro lot size of 1.8. My account is a micro demo account; what do type in as the lot size on MT4?

     

    EDIT: This is really old and I can't delete it. I have found answers to my questions now.

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