HomeDaily ResultsMegadroid Results: Thur 22nd Jan 2015


Megadroid Results: Thur 22nd Jan 2015 — 12 Comments

  1. Lots of trade activity again, likely due to ongoing volatility following the SNB decision to unpeg to CHF.

    ***Really important point****

    While plenty of trades and profits are great, the increased volatility also means a much higher chance of a large stop loss happening.

    So make sure you trade small in case that happens. Losses in excess of 100 pip have happened in the past.

  2. Yesterday Draghi was speeking. Expect the EURUSD going downwards 1.13 -> 1.0 with some lower volatility.
    I didn’t read your advice with small trades. Yesterday MD opened a 2% position and went immediately to xxx in minus , opened a second position also going into xxx minus.
    Holy Shit ! In the end happy end and a good profit of xx.
    The real point will be the remain of Greece. It has no future with debts and Euro as currency alone, but volatility would be infinite 🙁

  3. Hi Akir,

    The number of trades Megadroid places seems to correlate with general forex market volatility.

    For example, over the past few years, volatility in the forex market has been extremely low, and Megadroid was barely placing any trades.

    The volatility started picking up a few months ago, and recently got extremely volatile because of the SNB decision to unpeg the CHF from the EUR, and now we’re seeing lots more trades.

    However, from past experience, increase volatility also means an increased chance of a large stop loss occurring (100+ pips) , so it’s important not to be too aggressive with position sizing.

  4. Hi Richard,
    i am kinda new to MD. just wondering has it ever blown any of your accounts? i adjusted lot size today cos some of the trades it placed these two months seems bit dangerous to me.

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