Last night I made 2.43% - even with a spread of 5 PIPs. 1 Trade is closed with Stoploss while the breakout at 8:00 in the morning... if I had closed the trade manually, I probably had 6%. Not at all, it is a acceptable result.
In the moment I am doing a optimisation run. I hope to find a better entry and exit point.
Mittwoch, 25. März 2009
Dienstag, 24. März 2009
First trades
Yesterday night the transferred funds arrived (within 2 working days) at my account, and I could start to trade. After activation, all functions (include backtest) worked as usual.
I'd set up the EA for trades by night (EURGBP) and went into my bed.
In the morning I checked the account - and was shocked. 18% loss - last time I had such a result at my Demo-Account a few weeks before. But as long I had running a Demo account parallel (same EA, same Settings) I found out, that it was a general problem. Even in the asian session such things will happen. I was happy that I'd set a strict and not too high stoploss; I heard about people losing 60% and more this night... he guys, what about risk management? You won't be a multi millionaire within 3 months!
So I will see, what next night will bring. Even, if the spreads in the moment are 5 PIPs, the EA usually has good results (20-60% p.m.); so let's watch and play the Forex game.
I'd set up the EA for trades by night (EURGBP) and went into my bed.
In the morning I checked the account - and was shocked. 18% loss - last time I had such a result at my Demo-Account a few weeks before. But as long I had running a Demo account parallel (same EA, same Settings) I found out, that it was a general problem. Even in the asian session such things will happen. I was happy that I'd set a strict and not too high stoploss; I heard about people losing 60% and more this night... he guys, what about risk management? You won't be a multi millionaire within 3 months!
So I will see, what next night will bring. Even, if the spreads in the moment are 5 PIPs, the EA usually has good results (20-60% p.m.); so let's watch and play the Forex game.
Mittwoch, 18. März 2009
Account opened
Yesterday in the afternoon I got a email with my account data. Those guys are very quick. Corresponding bank is UBS.
Tried to backtest with my EA at life settings - but nothing works. Don't knew, what's up, but in this server version, declared as "for inactive clients only", I cannot make any transactions; even not in backtests. EA get strange signals.
I will get in contact with the support today to check, what happend.
Tried to backtest with my EA at life settings - but nothing works. Don't knew, what's up, but in this server version, declared as "for inactive clients only", I cannot make any transactions; even not in backtests. EA get strange signals.
I will get in contact with the support today to check, what happend.
Let's Start Trading
Yesterday I sended the account opening papers to TadawulFX.com - and hope, they will process as fast as possible.
I choosed this broker because of a swiss sales office, low spreads and (hopefully) good service.
In this blog I will show my experiences with Tadawulfx and my trading results.
By the way - english is not my native language - so please forgive my my horrible grammatic ;-)
I choosed this broker because of a swiss sales office, low spreads and (hopefully) good service.
In this blog I will show my experiences with Tadawulfx and my trading results.
By the way - english is not my native language - so please forgive my my horrible grammatic ;-)
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