MB Trading : 1 Trades: 10.0 pips
GO Markets : 1 Trades: 10.1 pips
InterbankFx : 1 Trades: 10.0 pips
InterbankFx AU : 1 Trades: 10.1 pips
FxPro : No Trades
Alpari UK (Mini-1) : 1 Trades: 9.9 pips
Alpari UK (Classic): 1 Trades: 9.9 pips
FXDD : 1 Trades: 10.0 pips
AxiTrader : 1 Trades: 10.0 pips
TRADE DETAILS: Open Close Profit
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MB Trading S1 Buy: 16:45:07 1.29308 -> 17:41:00 1.29408 10.0 pips
GO Markets S1 Buy: 23:45:08 1.29305 -> 0:40:59 1.29406 10.1 pips
InterbankFx S1 Buy: 20:47:25 1.29293 -> 21:40:17 1.29393 10.0 pips
InterbankFx AU S1 Buy: 20:47:15 1.29300 -> 21:40:59 1.29401 10.1 pips
Alpari UK (Mini-1) S1 Buy: 23:45:06 1.29307 -> 0:41:00 1.29406 9.9 pips
Alpari UK (Classic) S1 Buy: 23:45:06 1.29307 -> 0:40:59 1.29406 9.9 pips
FXDD S1 Buy: 23:47:25 1.29294 -> 0:39:18 1.29394 10.0 pips
AxiTrader S1 Buy: 23:45:05 1.29306 -> 0:40:57 1.29406 10.0 pips
ATC -> 10 pips.
Fxcs -> 10 pips.
Richard,
I make a test during 2 months in October, November 2013, with a setting of 0,14 lot, but I must say that my 10.000$ became 9.000 $ and I remark the reason seems to have a too high stoploss. But, I don’t know how to change it ?
Could you tell me by mail the settings you are using ?
I thank you very much.
Jacques
Belgium
Hi Keustermans,
Yes, it does have a very high stop loss. There’s no way to change it.
In general all scalper strategies (e.g. Megadroid), have a very high win rate (i.e 80%+), BUT, the losses are typically much greater than the win size. The rationale is that the numerous small wins will overcome the occasional huge lose trades. Whether the strategy makes money depends mostly on how frequent these large losing trades are. For example, if we get 1 large loss trade (60 to 100pips) every month, then it’s going to be pretty hard to be profitable overall. Even though 2013 was very quiet (i.e. low trade counts), the reason I was profitable was just because there were no big losing trades on my accounts in 2013. Most years I get 4-6 big loss trades at least, but also in the past I was getting more winners to offset the losses. So it’s really a balance.