HomeDaily ResultsMegadroid Results: Wed 22nd Dec 2010


Megadroid Results: Wed 22nd Dec 2010 — 15 Comments

  1. For some reason, my FXDD order stayed open for about 10 hours. The only reason I can see was a slightly worse fill compared to the other accounts. It was very close to being stopped out.

    Fortunately the EUR/USD reversed just in time.

  2. Hi Richard,
    I stopped all my EA’s from yesterday to January 5.
    The current period has been known for having a lot of signal.
    so see you when I will restart my EA’s
    and I wish you a lot of pips in 2011 🙂

  3. I’m curious to know if anybody has any actual adverse experience with their EAs in this period between now and the first week of January? I know the generally accepted wisdom is to stop trading, I just wonder if anybody has had any experience in line with that thinking?

  4. Hi Richard,

    My FXCM was open for over ten hours and was almost stopped out as well. I had left this one alone but I was sure it was going to be stopped out as the trade kept going up and up till I went to bed.

    There was one point I almost closed it out (near 8pm est) for a small loss but after checking the charts I figured it was still going to go down, not up. Once it broke the daily pivot line though I wasn’t so sure, the stoploss was still above another resistance level and I was hoping there would be a reversal in the london session.

    Looking back though, although it closed with 1 pip profit, it could have very easily stopped out. I should have taken the small loss as it would have been easier to recoup that than a 60 something pip loss.

    Merry Christmas to you and yours!


  5. Hi Armin,

    Last year….

    (28/12/09 – 31/12/09): 1 trade… about 3-4 pips
    (4/1/10 – 7/1/10): 3 trades… about 8-10 pips total

    I’ll keep trading over this period, just to see what happens.

  6. Elvis, if you want to be succefull with MD move from FXCM;
    this is the worst broker for MD …
    Richard and myself experienced FXCM with very poor results

  7. Hi Ikariux,

    Thanks for posting those results.

    I changed my mind, and decided not to trade the week after Xmas this year. I’ll start trading Megadroid again next Monday (3rd Jan 2011).

    I’ll be interested to see what results people get. The price action can be a little strange during this week, because of the low liquidity.

  8. me too I have stopped my MG right now,
    interesting to see someone on Finfx.fi, this is the broker who identified the leotraders EA, I’m still having doubt on the validity of this new broker …

  9. Hi all, this is my first winter trading so I was unaware about the end of the year possibly being a more dangerous time to trade. Here are my trades for last night.

    Alpari UK Mini
    2010.12.27 23:13 sell 1.31656 -> 2010.12.28 01:30 1.32462 = -80.6 pips

    2010.12.27 21:14 sell 1.31595 -> 2010.12.28 00:15 1.32370 = -77.5 pips
    2010.12.27 22:12 sell 1.31659 -> 2010.12.27 23:13 1.31642 = 1.7 pips

    ps – albatore, can you please post the other forum you mentioned? thanks

  10. Megadroid picked up a trade on Monday 27th and it ended up being a full stoploss loser.

    Fortunately I had lowered my lotsize to 1/4 of normal for this week, but this still managed to wipe out all the gain I had for this month. I am now around break even again.

    Also spread was outrageously high for alot of the time period, some big movements too, probably best to stay out of the market this week

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