MB Trading : No Trades GO Markets : 1 Trades: 6.3 pips InterbankFx : No Trades FxPro : 1 Trades: 21.7 pips Alpari UK (Mini-1) : 1 Trades: 6.3 pips Alpari UK (Mini-2) : 1 Trades: 4.7 pips FXDD : No Trades AxiTrader : 1 Trades: 6.4 pips Forex.com : No Trades TRADE DETAILS: Read More...
Richard
Interbank Fx announce the removal of MT4 Market Order slippage control
I just received an email from InterbankFx (also on their site), saying that they are changing their MT4 trade servers from“Instant Execution” to the “Market Execution” type. I’ve written a detailed article about the differences between these 2 types of MT4 market order execution (see HERE).
I thought the media release was “interesting” because it seemed to be spinning the changes as a “benefit to traders”, whereas it’s actually more of a benefit to the broker IMO. Read More…
Megadroid Results: Thur 8th July 2010
MB Trading : 1 Trades: 3.8 pips GO Markets : 1 Trades: 4.4 pips InterbankFx : 1 Trades: 7.0 pips FxPro : No Trades Alpari UK (Mini-1) : No Trades Alpari UK (Mini-2) : No Trades FXDD : No Trades AxiTrader : No Trades Forex.com : No Trades TRADE DETAILS: Read More...
Megadroid Results: Wed 7th July 2010
MB Trading : 1 Trades: 3.2 pips GO Markets : No Trades InterbankFx : No Trades FxPro : No Trades Alpari UK (Mini-1) : No Trades Alpari UK (Mini-2) : No Trades FXDD : No Trades AxiTrader : No Trades Forex.com : No Trades TRADE DETAILS: Read More...
Megadroid Results: Tues 6th July 2010
MB Trading : 1 Trades: 10.0 pips GO Markets : No Trades InterbankFx : 1 Trades: 10.0 pips FxPro : No Trades Alpari UK (Mini-1) : 1 Trades: 8.9 pips Alpari UK (Mini-2) : 1 Trades: 8.9 pips FXDD : 1 Trades: 10.0 pips AxiTrader : 1 Trades: 10.0 pips Forex.com : No Trades TRADE DETAILS: Read More...
Megadroid Results: Mon 5th July 2010
MB Trading : 1 Trades: -31.7 pips GO Markets : 2 Trades: -26.9 pips InterbankFx : 1 Trades: 15.0 pips FxPro : 2 Trades: -24.1 pips Alpari UK (Mini-1) : 1 Trades: 11.9 pips Alpari UK (Mini-2) : 1 Trades: 11.9 pips FXDD : 1 Trades: 15.0 pips AxiTrader : 2 Trades: -22.9 pips Forex.com : No Trades TRADE DETAILS: Read More...
Megadroid Money Management – How I do it
Trading is all about probability and risk management. The first step is finding a strategy that gives you a statistical edge. The second part is all about “money management” i.e. leveraging your trades in a consistent, sensible manner, making sure the downside is tolerable, while at the same time achieving an acceptable growth potential. The same two principles apply to any form of investing.
Trading with a robot like Megadroid takes care of many elements of money management automatically. All the trades have a consistent risk:reward ratio, and the amount risked per trades can be customised. The only job left is to decide how to adjust the Megadroid money management parameters. Read More…
Megadroid Results: Thur 1st July 2010
MB Trading : 2 Trades: 18.6 pips GO Markets : 2 Trades: 18.3 pips InterbankFx : 2 Trades: 12.0 pips FxPro : 2 Trades: 19.7 pips Alpari UK (Mini-1) : 2 Trades: 16.6 pips Alpari UK (Mini-2) : 2 Trades: 18.0 pips FXDD : 1 Trades: 10.0 pips AxiTrader : 2 Trades: 20.2 pips Forex.com : No Trades TRADE DETAILS: Read More...
New MT4 accounts being added
Hi everyone!
I’m currently in the process of adding 2 new live MT4 accounts to my results section – Axitrader and Forex.com. My new Axitrader account is already funded and running. My Forex.com account probably won’t be funded until next Monday. It will be interesting to see how these 2 brokers perform compared to the others.
Feel free to contact me if you’d like any other MT4 broker added to the results section. Preferably a decent regulated broker though.
Remember, all the results I’m posting are from real, live trading accounts trading real money. I don’t post any demo account results. My live results should give you an idea as to what accounts are currently performing well with Forex Megadroid.
June 2010 Summary
MB Trading : 6 Trades: 27.8 pips GO Markets : 9 Trades: 11.6 pips InterbankFx : 8 Trades: 65.0 pips FxPro : 9 Trades: 7.4 pips Alpari UK (Mini-1) : 9 Trades: 18.5 pips Alpari UK (Mini-2) : 9 Trades: 15.4 pips FXDD : 6 Trades: 40.0 pips Average = +26.5 pips, Profit = +$663 (e.g trading 250k lot EUR/USD)