I am looking for an investor

Apr 14, 2012 at 14:15
1,500 Views
10 Replies
Biedrs kopš   11 ieraksti
Apr 14, 2012 at 14:15
Hello!
I am looking for investor trading robot Savita Forex Bot v.01.
His observation - https://www.myfxbook.com/members/talliy/savita-на-инсте/278924
I have to say. Account - a penny. Shoulder - 1:300. Tool - EURUSD and GBPUSD. Trade with the balance of 2860. Working week.
Minimum investment of $ 1000, 50/50%, the minimum time - a month.
The robot is not for sale!
Biedrs kopš   41 ieraksti
Apr 15, 2012 at 15:49
Just curious, but why do you need any investors at all?

Current equity $2,036.32
Current return 8,485.88%

If you can continue with this, your equity next month will be $174,835.99 and the month thereafter $15,011,208.44

Thus, if you take on investors, you will most probably be having issues getting your trades filled as the size would become too big and thus returns would suffer.

On another topic, could you please explain your risk management methodology to me? I see a massive one day drop in equity (balance at 3,679 equity at 2,036 = 44% drop in one day).

To me that looks like picking up pennies in front of a steam-roller. Great idea until things go wrong.
Biedrs kopš   43 ieraksti
Apr 15, 2012 at 18:52
sorry dude,

Too risky. Your TP is about 1-5 pips, and your SL is 200 pips. That's a time bomb waiting to explode. In fact, you are holding onto a very large position at risk of blowing up your whole account. You Long at 1.3221 on 4th April at a size that is several times your median size, and refused to take the loss near -200 pips. Around that time, you had so little margin available your trading size reduced to 1/100 the size of that single bad trade, then when the market came near your entry price, you did not close the position when it was about -10 pips. I guess the reason why you refused to close that losing trade is because the drawdown due to 10 pips on that size will make your growth curve look very bad, because your average TP for the other 100 trades done is 2-3 pips at a tiny fraction of the size of that single bad trade.

Reminds me of another MF Global, sinking the ship in just one trade.

Trixifx, that relative DD is because of that one trade, if EUR keeps going down, his available equity will be much smaller, his trade size must be much smaller, and very likely he'll get wiped out. Equity at $2000 holding onto a losing position at >11 lots, you can lose everything within 1 day. 1 pip against him is worth $110. I'm just wondering why his broker didn't close his position on 9th April. Makes his broker look very fishy too (broker's compliance or risk management may want to look at this trade too?).
"The first rule of forecasting should be that the unforeseen keeps making the future unforeseeable." - David McCasland (January 5,2012, Our Daily Bread)
Biedrs kopš   41 ieraksti
Apr 15, 2012 at 21:46

   paulng posted:
 
you can lose everything within 1 day

Yeah, I know. But people will still wish not to see this little bit that I quoted from your post.
Biedrs kopš   11 ieraksti
Apr 16, 2012 at 11:46
The reason for the negative work is in the broker Instaforex. After a lengthy winning broker was off the terminal from the server. Thus blocking the work of Savita Bot.

Investors need to earn money.
Biedrs kopš   11 ieraksti
Apr 16, 2012 at 11:47
Very soon Savita restore the old balance. As well as ensuring loyalty of his
Biedrs kopš   11 ieraksti
Apr 16, 2012 at 12:07
Now put on the account of the broker Savita Roboforex. Balance - $ 4200
Monitoring - https://www.myfxbook.com/members/talliy/mt4-474756/201128
I wonder how the robot works on different brokers?
Clash
forex_trader_54036
Biedrs kopš   40 ieraksti
Apr 16, 2012 at 16:25

   paulng posted:
   sorry dude,

Too risky. Your TP is about 1-5 pips, and your SL is 200 pips. That's a time bomb waiting to explode. In fact, you are holding onto a very large position at risk of blowing up your whole account. You Long at 1.3221 on 4th April at a size that is several times your median size, and refused to take the loss near -200 pips. Around that time, you had so little margin available your trading size reduced to 1/100 the size of that single bad trade, then when the market came near your entry price, you did not close the position when it was about -10 pips. I guess the reason why you refused to close that losing trade is because the drawdown due to 10 pips on that size will make your growth curve look very bad, because your average TP for the other 100 trades done is 2-3 pips at a tiny fraction of the size of that single bad trade.

Reminds me of another MF Global, sinking the ship in just one trade.

Trixifx, that relative DD is because of that one trade, if EUR keeps going down, his available equity will be much smaller, his trade size must be much smaller, and very likely he'll get wiped out. Equity at $2000 holding onto a losing position at >11 lots, you can lose everything within 1 day. 1 pip against him is worth $110. I'm just wondering why his broker didn't close his position on 9th April. Makes his broker look very fishy too (broker's compliance or risk management may want to look at this trade too?).


'Your TP is about 1-5 pips, and your SL is 200 pips.'

Classic.
Biedrs kopš   11 ieraksti
Apr 20, 2012 at 22:04
As you can see Savita at different brokers trading in different ways. Insta - three items to sell. Robo - not one
Biedrs kopš   11 ieraksti
Apr 20, 2012 at 22:32
The result:
We broker Instaforex - after the collapse of 200 points for the balance of 1300 $ Savita worked up to $ 2160.
Not every robot will be able to take a week profit.
We broker Roboforex - Savita was connected to the account balance in the medium at ~ $ 4200. By the end of trading on the balance sheet has been $ 4470.
I'll be honest - I was pleased with the robot.

As a developer, the robot will tell. In the algorithm implemented Savita auto optimization. That is, the robot independently tested to the tester to the stories of three days, and selects the optimum result of trading options. From the beginning and end of the lot to velechiny and risk trade.

Since each agent gives some great quotes from one another. And Savita set up and works differently for different brokers. This and the fact that obesnyaet one broker has an open position, and the other does not.

I am from Russia. I use the translator google. Please excuse me if google does not translate properly, and many do not understand.
Biedrs kopš   1 ieraksti
May 04, 2012 at 12:37
InfoStatsGeneral
Gain:+267.69%
Abs. Gain:+266.68%
Daily: 3.07%
Monthly: 146.04%
Drawdown: 46.45%
Balance: $2200.07
Equity: (89.42%) $1967.27
Highest: (May 04) $2200.07
Profit: $1600.07
Interest:-$10.53
Deposits: $600.00
Withdrawals:$0.00

This is my system, and EA is not for sale

https://www.myfxbook.com/members/strade/83336/273882




Looking for Investor

https://instaforex.com/pamm_monitoring.php?trader=2082415
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