fx4_ever Posted May 26, 2011 Report Posted May 26, 2011 Guys, what was the biggest DD u have seen trading with usd basket and what broker? Mine biggest is now on FXCM broker (delta 300) and about 470pips DD. -290DD now I'm a little over 500 pip DD. Not worried though.... I am trading with MaxTrade=8, I had to change this since my margin leverage is only 50:1. So, based on 0.01 lot allocation on every $500.00, the Max that I can go for opening the position is 8. That is how I configured the MaxTrade value. With this settings, My DD never went up more than 12% of the Total Balance. So, experiment with some options available. Quote
fx4_ever Posted May 26, 2011 Report Posted May 26, 2011 I have many PM from members asking my settings. My settings as follows: Broker = Oanda and Forex.com Leverage = 50:1 Delta = 320 MaxTrade = 8 Lot size = 0.01 per every $500.00 TP = 0.1 (10%) All other, default settings Quote
kappaforex Posted May 26, 2011 Report Posted May 26, 2011 My demo is down over -500 pips which definitely is a major problem as far as im concerned. I would not be at all comfortable waiting for a retrace to happen?????? Quote
⭐ Polleczko Posted May 26, 2011 Report Posted May 26, 2011 My demo is down over -500 pips which definitely is a major problem as far as im concerned. I would not be at all comfortable waiting for a retrace to happen?????? Yea, 500pips is much too high. I think todays high DD is because usd/chf bad corelation with other pairs(some good news for chf?). When eur/usd went down, usd/chf should go up and it didn't. On my account usd/chf got over 530(delta)points. Haven't seen more that 450 till now. Quote
jerrydeng Posted May 27, 2011 Report Posted May 27, 2011 (edited) As i said before, this ea has no stopploss, is just a hedge + blessing ea. My DD is over -450 now, and orders opened 16. Edited May 27, 2011 by jerrydeng Quote
langmas Posted May 27, 2011 Report Posted May 27, 2011 hii to master all.sorry im newbie on forex,please tell me what is DD Quote
jerrydeng Posted May 27, 2011 Report Posted May 27, 2011 (edited) -1000DD just now, almost 20%, a bit high. maybe the only thing we can do is blessing. Edited May 27, 2011 by jerrydeng Quote
Chip4Pips Posted May 27, 2011 Report Posted May 27, 2011 USDCHF causing big problems for this EA right now, that's for sure. Quote
jdsim1 Posted May 27, 2011 Report Posted May 27, 2011 how many usd basket users are losing their minds right now? Quote
grooter Posted May 27, 2011 Report Posted May 27, 2011 400 pips DD. Good luck to all trading that one live :D Quote
jerrydeng Posted May 27, 2011 Report Posted May 27, 2011 Fortunately, i only installed it on demo. the max pairs 20. Quote
⭐ Polleczko Posted May 27, 2011 Report Posted May 27, 2011 we have a 'red' news for CHF ahead: 11:30am CHF KOF Economic Barometer so it can recover fast, or go into more dramatic DD Quote
jerrydeng Posted May 27, 2011 Report Posted May 27, 2011 as i said before, but no body has experience , voilent trend without return maybe very risky. Quote
⭐ Polleczko Posted May 27, 2011 Report Posted May 27, 2011 as i said before, but no body has experience , voilent trend without return maybe very risky. Yes, but until now it was doing pretty well, and even if there was some strong trend it can earn pips very fast. Biggest DD was 250-300 and it recover to pofit fast, and now DD is getting higher and higher.. Quote
anzeigenmichel Posted May 27, 2011 Report Posted May 27, 2011 Yes, but until now it was doing pretty well, and even if there was some strong trend it can earn pips very fast. Biggest DD was 250-300 and it recover to pofit fast, and now DD is getting higher and higher.. Desaster, very Risk Expert! Quote
paromi Posted May 27, 2011 Report Posted May 27, 2011 my demos where blown. started with 170 and 0.01 lot Quote
forexfx Posted May 27, 2011 Report Posted May 27, 2011 my demos where blown. started with 170 and 0.01 lot your account was too small what was your leverage? was it a micro account? max trade? Quote
jshear Posted May 27, 2011 Report Posted May 27, 2011 I have on demo and its in 1000 pip dd on UC only this ea is nuts to run live as it has proven to be an account blower as we can now clearly see now. Jeff Quote
⭐ Polleczko Posted May 27, 2011 Report Posted May 27, 2011 I trade live... My trade with MaxOpen = 8 and only opened 6 orders. USDJPY + 81 EURUSD + 137 USDCAD + 3 USDCHF -108 USDCHF - 108 USDCHF - 108 Maybe that's the key to keep it safe. On my account i've got 16open trades. Quote
fx4_ever Posted May 27, 2011 Report Posted May 27, 2011 (edited) Maybe that's the key to keep it safe. On my account i've got 16open trades. I think it is combination of lot size + delta + maxopen. I pref to trade with higher delta + managed lotsize per my account vs lower delta + lower lot size+ higher maxOpen. Even with my conservative settings, market movement since yesterday was not in favor of this basket trading. We'll see how it goes... (hope news will be U$ positive) Edited May 27, 2011 by fx4_ever Quote
Ferenc86 Posted May 27, 2011 Report Posted May 27, 2011 (edited) THIS IS TRUE! Caution!! BLOW account! :(((( Edited May 27, 2011 by Ferenc86 Quote
kappaforex Posted May 27, 2011 Report Posted May 27, 2011 Well my demo account was down close to -900 pips which is fantastic!! Great way to trade hoping for a retrace! Not my style at all. Actually i still havnt found an EA that comes close to making positive trades. Quote
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