Tom'sEa WPFX LIVE Perbincangan

   PocketGuy posted: tradingshed - welcome back to the conversation! Thanks also for the info. As with a couple of the other guys who've mentioned this, I'm adding equity and looking to ride this out, but have some v. large positions, esp. on Cable, so the concern was how GKFX treats the available margin. I'm currently sitting at a margin level just under 160%...

   PocketGuy posted:
 tradingshed - welcome back to the conversation! Thanks also for the info. As with a couple of the other guys who've mentioned this, I'm adding equity and looking to ride this out, but have some v. large positions, esp. on Cable, so the concern was how GKFX treats the available margin. I'm currently sitting at a margin level just under 160%...

   PocketGuy posted:
As to the currency conversion term: I was simply feeding back what Support told me, which was that (in effect) the EA would treat GBP6k like USD10k (based on the 'cash equivalent'): from what you say, clearly TEA works purely on the numbers and this 'advice' from Support isn't the case. If thresholds are in USD, then one works to the same levels in GBP.

   statman posted:
   PocketGuy, I have asked the same question about my double trades on several occasions and still no answer. Good luck with yours. Let us know if you hear anything.

   tradingshed posted:
   On the topic of Risk Levels, equity and account sizes, I wanted to throw in my 2 cents.

I am not a believer of employing large capital (ie 10k each pair @ RL1 as mentioned somewhere) just to make sure that in the event of a rally there is enough money to cover for a 5,000 pip run. This is because for the majority of the time markets will be ranging and all that money will not be used. It will not be working for you. Expecially with leverage of around 400:1 there is no need for so much money. Probably the rule of RL8 for 10/12k is a balanced view. IMO what is important is that extra money is available to be put in at short notice to increase equity.

Let's start with the assumption that someone has 100k and that (as per website) RL8 is good for a 10/12k. If we want to have 10 times that to feel comfortable during big rallies, it is not necessary to put a further 90k in the account 'just in case'. Run the EA on RL 8 with 12k and keep the extra money somewhere else during normal times, feeding it in the account on a need basis.

There has been a lot of talks about leverage also in the last few days. Often in forums I hear that high leverage is dangerous, should not be used etc etc. IMO the higher the leverage, the safer the account as, (if you have a predetermined strategy) you can employ less capital to trade the strategy. (like in the case of Tom's EA). I would sleep much better at night with the 1000:1 from the russian brokers 😲 than with 50:1 😁

I also agree that TOMs need more than 50:1 and all USA residents should......investigate options.

To give perspective, and for entertainment purposes, I enclose some reports below.

This is a demo account that I have been running since November. Its purpose if to give me 'worse case', 'what if' etc. scenarios. It is running 8 pairs at RL 3, for a whopping total RL of 24. As the account started with 10k, this is nearly 4 times the recommended RL. I would have expected it to blow in a few weeks. Instead, it is still running and is producing around 40% a month, although with some scary DD 😲

Having said that, DD% has never exceeded 50%. Interesting.

   craneliu posted:
   

   flopps posted:
   

   tradingshed posted:
   

   flopps posted:
   Those who are getting double trades.....

Are you running the EA on a VPS? If yes... is your VPS running windows 2003 server? If yes.... the problem with windows 203 server is that it allows multiple log-ins.........

Flopps, you are right. I was having big problems when I had a VPS with WS2003. I was logging in from multiple locations and, although I never got double trades, I would close an MT4 instance under one log in only to find that it was still open and trading on the next. It beats me but my advice is if you are still using WS2003, make sure you always log in from the same place :-)

You can log in from multiple locations... you just have to do so as a 'console'. I believe this issue was fixed with newer versions of Windows server

HI, Flopps, Tradingshed,
thanks for the shareing!
I faced with the issue of login VPS with different sessions one month ago, but NO double trades problem. andsolved finally as the same advice from VPS support to Flopps' suggestion.
but recently my GBP/USD paire double traded at 0.21 lots size with different time.
2012.01.31 17:04 Sell 0.21 lots at 1.57572, TP: 1.58179
2012.02.02 05:05 Sell 0.21 lots at 1.58417 TP: 1.58179

I am not sure this is EA bug or real strategy for this EA. I think it is not VPS login issue.

   drsong123 posted:
   Hi, all
any advise for US resident to open account from overseas broker allow hedging?
thanks
ss

   paulrozza posted:
   Hi Guys

I've got EA Autheticated without the 'activated' bit on the end as my VPS was restarted due to maintenance yesterday. Anyone else got issues?

   paulrozza posted:
   Hi Guys

I've got EA Autheticated without the 'activated' bit on the end as my VPS was restarted due to maintenance yesterday. Anyone else got issues?

   kneepad posted:
   

   cwave posted:
   I found a Broker with 500:1 Leverage.
Would I be better with this or a 400:1 leverage.
I'm not very good with this leverage stuff so please remain patient.
Thanks in Advance.

If it's leverage your after this one will give 1000:1
https://www.exness.com/a/407115

   chrissav posted:
   Hi All

Anyone else stuck in no mans land with this gbp/usd trade??