Spoke to the signal provider. He informed that he will only take 3 to 4 trades at one direction with the same lot size. He did mention that in end Oct, he did hedge when there are 2 trades in it. Within the day, he cleared the trades with around 2% profit. Like what laracroft mentioned, he will take the loss when basket hit 10 to 15%.
Like goldtrader, he mentioned that EA is a robot but does need human intervention sometimes. He said taking a loss of 10% to 15% will ensure his long term profitability.
Well, at least this signal surived the GBP spike recently which I think killed many accounts and some signal providers margin call also. Grid or not, not a problem as goldstar and viper are also in a way grid traders. If this signal survived that GBP Spike and DD is low and if fixed DD at 15%. It should be okay if one set their own MAX DRAWDOWN AT 15 to 16% at risk 1.
The EA itself does have many functions for the money get and risk. Anyone keen to get the EA together for 2 licences? Though price seem pricey
Like goldtrader, he mentioned that EA is a robot but does need human intervention sometimes. He said taking a loss of 10% to 15% will ensure his long term profitability.
Well, at least this signal surived the GBP spike recently which I think killed many accounts and some signal providers margin call also. Grid or not, not a problem as goldstar and viper are also in a way grid traders. If this signal survived that GBP Spike and DD is low and if fixed DD at 15%. It should be okay if one set their own MAX DRAWDOWN AT 15 to 16% at risk 1.
The EA itself does have many functions for the money get and risk. Anyone keen to get the EA together for 2 licences? Though price seem pricey
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