HomeDaily ResultsMegadroid Results: Thur 17th May 2012


Megadroid Results: Thur 17th May 2012 — 10 Comments

  1. one of the biggest trades ive ever had happened today a trade of $25 on an account that only had 340.77 in it!!! not too bad all in all since ive started it, my account has seen 13 good trades and 4 bad.. not too bad but hope it gets better…

  2. richard,
    must have posted in a previous date.. i did some math.. you seem to be $-476 on the year on an account of 250,000 for 10(count em) 10 accounts!!! me?? i dont have no 250,000, but my 1 account is up by $15 on the year even tho its only a measly 350.00! it seems to me, that your megadroid could use some fine tuning.. i can help you if your interested(or anyone else for that matter)
    chris king

  3. FXDD 2 trades + 11.5 pips
    IBFX 2 trades + 19.4 pips

    Nice night. Need about 5 more of those to make up for the last 2 losses.

  4. Hi Chris,

    I’ve been trading Megadroid since April 2009, and I’ve been through many “flat periods” like we’ve just experienced. That’s just the nature of this sort of trading. No-one knows when the profitable and non-profitable periods will occur. I’ve been through much worse periods. Last June-August was the most difficult period I’ve had so far in terms of drawdown, but I eventually recovered from that and was positive for the year.

    My approach is to trade consistently, using conservative money management, and focus more on year-to-year performance. If you look through my trading results, you’ll see I have between 3 and 5 losing months each year on average. But so far I’ve been profitable in 2009, 2010 and 2011 using this approach, and this year I’m about break-even for the year at this stage. So I’m personally not changing anything.

    BTW I’m not trading a $250,000 account. I trade a total of $250k EUR/USD lot ($25/pip) spread across my accounts. So I’m really not trading that big. I use fixed lots, and don’t compound. My money management is pretty conservative.

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