MB Trading : 4 Trades: 3.1 pips
GO Markets : 4 Trades: 8.5 pips
FXCM : 4 Trades: 38.3 pips
FXCM AU : 3 Trades: 8.7 pips
ActivTrades : No Trades
Alpari UK (Mini-1) : No Trades
Alpari UK (Classic): No Trades
FXDD : 4 Trades: 5.2 pips
AxiTrader : 4 Trades: 7.2 pips
Oanda : 4 Trades: 41.6 pips
TRADE DETAILS:
Open Close Profit
-------------------------------------------------------------------------------
MB Trading S1 Sell: 16:19:20 1.15990 -> 19:08:56 1.16052 -6.2 pips
S2 Sell: 17:21:19 1.16118 -> 18:52:20 1.16182 -6.4 pips
S1 Sell: 17:21:44 1.16124 -> 19:08:57 1.16044 8.0 pips
S2 Sell: 18:35:23 1.16259 -> 18:52:22 1.16182 7.7 pips
GO Markets S1 Sell: 23:19:19 1.15985 -> 2:08:58 1.16017 -3.2 pips
S2 Sell: 0:21:18 1.16115 -> 1:52:18 1.16172 -5.7 pips
S1 Sell: 0:21:19 1.16115 -> 2:08:58 1.16013 10.2 pips
S2 Sell: 1:31:14 1.16244 -> 1:52:18 1.16172 7.2 pips
FXCM S1 Sell: 23:09:19 1.15965 -> 2:08:58 1.16023 -5.8 pips
S1 Sell: 23:53:57 1.16110 -> 2:08:58 1.16014 9.6 pips
S2 Sell: 0:06:30 1.16104 -> 2:08:58 1.16004 10.0 pips
S2 Sell: 1:30:55 1.16248 -> 2:08:59 1.16003 24.5 pips
FXCM AU S1 Sell: 23:09:19 1.15965 -> 2:08:59 1.16004 -3.9 pips
S1 Sell: 23:53:57 1.16110 -> 2:08:59 1.16001 10.9 pips
S2 Sell: 0:06:30 1.16104 -> 1:06:32 1.16087 1.7 pips
FXDD S1 Sell: 23:19:20 1.15984 -> 2:08:59 1.16028 -4.4 pips
S1 Sell: 0:21:21 1.16106 -> 2:09:00 1.16016 9.0 pips
S2 Sell: 0:21:21 1.16105 -> 1:55:09 1.16171 -6.6 pips
S2 Sell: 1:30:40 1.16239 -> 1:55:09 1.16167 7.2 pips
AxiTrader S1 Sell: 23:10:23 1.15965 -> 2:09:00 1.16003 -3.8 pips
S1 Sell: 23:53:47 1.16097 -> 2:09:03 1.15999 9.8 pips
S2 Sell: 0:21:19 1.16111 -> 1:52:19 1.16169 -5.8 pips
S2 Sell: 1:31:14 1.16245 -> 1:52:20 1.16175 7.0 pips
Oanda S1 Sell: 16:09:56 1.15965 -> 19:09:03 1.15998 -3.3 pips
S1 Sell: 16:53:42 1.16093 -> 19:09:04 1.15998 9.5 pips
S2 Sell: 17:21:19 1.16110 -> 19:09:04 1.15999 11.1 pips
S2 Sell: 18:30:39 1.16242 -> 19:09:04 1.15999 24.3 pips
interesting trades last night~
Here’s a chart of the price action, showing the Oanda trades. Bit dangerous.
Yes, the last night was exciting. I used the 20% – risk level. The Drawdown was high (over 500€). And in the end I have won only 35€.
Now I have reduced the risk.
It was no good night.
FinFX: 4 traders: -41,3 pips.
Robert, what were the entry and exit prices of your 4 trades?.
Most of my accounts had 4 trades – all short, the first 2 closed around net break-even, and the second 2 had a combined positive profit, depending on positive slippage.
Megadroid closed all 4 trades on a spike, so slippage could have been a factor with your result.
Richard,
my trades (GMT time):
2015.01.21 21:19:19 sell 1.15988 close 2015.01.21 23:35:20 1.16268 -28 pips
2015.01.21 22:21:18 sell 1.16110 close 2015.01.21 23:52:19 1.16167 -5.7 pips
2015.01.21 22:21:44 sell 1.16118 close 2015.01.21 23:35:22 1.16272 -15.4 pips
2015.01.21 23:31:47 sell 1.16251 close 2015.01.21 23:52:20 1.16173 +7.8 pips
Total: -41.3 pips
My Settings: Risk level 0.2
Margin Level (21:19:18) about 98% (!)
Strange.
Hello Robert.
I would suggest to reduce your Risk level.
Since this night, I risk only 0.08.
Hi Robert,
It looks like the loss happened because 2 of your trades closed out early for some reason:
23:35 on your broker server is 18:35 EST time.
If you look at the chart I attached, you’ll see that the EUR/USD moved up sharply around this time i.e 19:35. That’s when your trades were closed out.
One possible reason is that your margin levels were too low when you had 2 floating negative positions, causing the broker to automatically close out those trades. So maybe your position sizes were too big relative to your account size, or maybe your broker had recently reduced it’s leverage because of this recent market instability.
Hi Richard,
I thought that the MD doesn’t open next position if Margin Level is dangerous.
Richard, how you set the risk level?
Ron, you set all the time the risk level of 0.08? You set a lower risk when volatility is high?
Hi Robert,
I personally adjust the risk level so it trades 2-3 mini lots on each account. I trade 10 accounts so I have a total of 25 mini lots (or 2.5 full lots) spread over 10 accounts. I don’t compound – I use the same size.
Megadroid can lose over 150 pips on a single day, so I just make sure my lot size/account balance is enough to endure any large drawdown i.e. won’t margin call.
Thank you Richard.