MB Trading : 3 Trades: 19.7 pips
GO Markets : 3 Trades: 22.7 pips
FXCM : 3 Trades: 20.1 pips
FXCM AU : 3 Trades: 20.1 pips
ActivTrades : No Trades
Alpari UK (Mini-1) : No Trades
Alpari UK (Classic): No Trades
FXDD : 3 Trades: 20.1 pips
AxiTrader : 3 Trades: 20.6 pips
Oanda : 3 Trades: 20.8 pips
TRADE DETAILS:
Open Close Profit
-------------------------------------------------------------------------------
MB Trading S1 Buy: 16:00:03 1.13602 -> 16:51:47 1.13561 -4.1 pips
S1 Buy: 16:03:43 1.13423 -> 16:51:48 1.13561 13.8 pips
S1 Sell: 17:59:55 1.13690 -> 18:47:19 1.13590 10.0 pips
GO Markets S1 Buy: 23:00:04 1.13611 -> 23:52:07 1.13567 -4.4 pips
S1 Buy: 23:03:42 1.13422 -> 23:52:07 1.13568 14.6 pips
S1 Sell: 0:59:54 1.13690 -> 1:47:39 1.13565 12.5 pips
FXCM S1 Buy: 23:00:02 1.13610 -> 23:41:06 1.13560 -5.0 pips
S1 Buy: 23:03:42 1.13412 -> 23:41:06 1.13559 14.7 pips
S1 Sell: 1:00:04 1.13719 -> 1:23:21 1.13615 10.4 pips
FXCM AU S1 Buy: 23:00:02 1.13611 -> 23:41:06 1.13560 -5.1 pips
S1 Buy: 23:03:42 1.13412 -> 23:41:06 1.13559 14.7 pips
S1 Sell: 1:00:04 1.13720 -> 1:23:21 1.13615 10.5 pips
FXDD S1 Buy: 23:00:03 1.13612 -> 23:53:44 1.13574 -3.8 pips
S1 Buy: 23:03:44 1.13435 -> 23:53:45 1.13574 13.9 pips
S1 Sell: 1:00:06 1.13712 -> 1:41:56 1.13612 10.0 pips
AxiTrader S1 Buy: 23:00:04 1.13605 -> 23:52:43 1.13574 -3.1 pips
S1 Buy: 23:03:44 1.13443 -> 23:52:44 1.13574 13.1 pips
S1 Sell: 1:00:05 1.13715 -> 1:23:40 1.13609 10.6 pips
Oanda S1 Buy: 16:00:01 1.13614 -> 16:55:26 1.13589 -2.5 pips
S1 Buy: 16:03:42 1.13461 -> 16:55:27 1.13589 12.8 pips
S1 Sell: 18:00:12 1.13701 -> 18:41:57 1.13596 10.5 pips
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.
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 🙁
couple orders were not able to be executed due to the high spread.
says that safe spread limit exceeded~
Now Megadroit trading well, as months of rare trading activitis went in the past.
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.
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.
HI Kai,
I’ve had numerous big losses in the past (see October 2012), that have taken me months to recover from.
But because I don’t trade too big, my accounts have never been “blow”.
No trades for me on 26th Jan.
Hi Richard
may i know your atitrader account is stander or pro?
My AxiTrader account is just standard.
Hi Richard
how about MD setting at AxiTrader broker?
thank
HI Han,
I use these settings…
https://www.megadroidresults.com/2012/11/19/default-megadroid-settings_141/
They’re pretty much standard expect I turn recovery mode off.
I adjust the “risk setting”, to give me 2-3 mini lot size per account. Megadroid displays the lot size it’ll use on the chart.