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  • #76
    Lol...just when I was about to accept defeat, SFE PA has just proven itself again.

    I transferred $5000 internally from the Signal account to my Personal account because the margin was running very low at one stage with so many open orders, but it did not get margin called. Now it looks like my Personal account will stay alive for a while yet.

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    • #77
      Originally posted by ccjhuang View Post
      Lol...just when I was about to accept defeat, SFE PA has just proven itself again.

      I transferred $5000 internally from the Signal account to my Personal account because the margin was running very low at one stage with so many open orders, but it did not get margin called. Now it looks like my Personal account will stay alive for a while yet.
      Yeah that is one whopper of a day!
      Over 100% in one day.
      I just have to stand amazed. Like this feels like the casino.
      I am happy for you, but I guess I don't have that kind of extra cash to be so flippant. $15,000 AUD in one day. Wow.

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      • #78
        Meh, it's the same old. This has happened 4 or 5 times now. If it wasn't for your high profit already, you would be dead right now. Just like if some followed your signal a month or so ago, they are dead right now. The EA alone does hold up, but it's very flaky. This is a difficult EA to keep, mainly for your own mental health .
        Last edited by reaper_unique; 06-14-2018, 04:08 PM.

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        • #79
          Maybe the EA reacted to my message on the forum yesterday..
          Anyway, feels good to be some 40% up for the day!

          So, how will you guys adjust your risk after this?
          Back to Autolot High Risk, since https://www.myfxbook.com/members/aut...action/1331484 is back at equity high?

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          • #80
            I know I will never convince you, but I will try once more.
            I just think that it would be best to mix SFE with other strategies for diversification, like my Momentum Capture EA. Obviously, I am very bias.

            However, take a look at the recent drawdown period, which was very hard for every momentum strategy out there. The SFE master account had 16% drawdown with 7% returns while Momentum Capture had 3% drawdown with 5% gains. So one could have used 5 times the risk to get 25% returns with a drawdown still below that of SFE.
            You know I am not an aggressive promoter and I understand that many people made a lot of money with SFE products, but maybe it is still worth to think about.


            Comparison_SFEPriceAction_MomentumCaptureEA.png

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            • #81
              Originally posted by Flexable View Post
              Maybe the EA reacted to my message on the forum yesterday..
              Anyway, feels good to be some 40% up for the day!

              So, how will you guys adjust your risk after this?
              Back to Autolot High Risk, since https://www.myfxbook.com/members/aut...action/1331484 is back at equity high?
              D0B090FC-C008-43B7-9742-FDA4235B74E9.jpegB145290D-2D9A-4D09-8961-EE19E173E47F.jpeg
              522AFCF1-DEED-4593-AF27-0EB91F48DF29.jpeg

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              • #82
                If you don't expect another DD, than be prepared for one Unexpected things always come sooner or later...

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                • #83
                  Originally posted by oportunis View Post
                  If you don't expect another DD, than be prepared for one Unexpected things always come sooner or later...

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                  • #84
                    This kind of strategy depends on market suprises like we have seen yesterday from the ECB. In my opinion such suprises do not come as often as a few years ago, which might be a reason why momentum strategies generally have a harder time right now. Therefore it makes sense to limit the trading hours to periods, where such surprises are more likely like central bank events. However, if you think of Italy and the almost impossible task of ending QE for EUR, we might see some big surprises after in the second half of the year.

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                    • #85
                      2nd Anniversary!DE2CF4A1-487C-43E7-B360-457DB06E87AE.jpeg

                      Gains for the second year:
                      579A34C4-C153-47CB-83F8-85BCF94D1F69.jpeg

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                      • #86
                        This countertrades are killing me, let's hope the new version comes out soon.

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                        • #87
                          2.6 still pending mql5!

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                          • #88
                            version 2.6 has just become available on MQL5. I have just updated the EA on both my Personal account and the Autolot High Risk Signal account.

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                            • #89
                              Just a quick note about the current risk I use on my Personal account.

                              I am currently running 1.2 fixed lot on my Personal account, and I believe it will be a safe risk to use with the new version of SFE PA. Here is why:

                              In the backtest running 0.09 fixed lot using SFE PA version 2.6 (see the image below, you can also download the full PDF here: https://www.mql5.com/en/market/produ...omment=7797558F6507C9A-3E6C-4741-999E-0C86EFAE114D.jpeg

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                              • #90
                                Hi Guys,

                                Just to let you know that I have decided to run SFE PA at 1.5 lot Fixed lot on my Personal account starting from tomorrow.

                                I have done a table based on the results of the backtest for the new version, which shows the max DD and average monthly/yearly profit in the past 10 years for different lot sizes (using an AUD/USD exchange rate of 0.74):

                                FC1ACC42-0C22-4DDE-9930-18274B0EFBD4.jpeg
                                Given that Joel's official account is currently at 5.79% DD running Low risk, and the expected DD for the new version not to exceed 20% based on the 10-year backtest running Low risk (Joel had confirmed in the past that running 0.09 lot Fixed lot on a $10K account is about equivalent to running Autolot Low to Medium risk), I believe my $30K account should be enough to withstand the expected max DD. If I do get into a bigger DD than expected, I will transfer some of the funds from my Signal account to top up my Personal account. I still have about $80K in both accounts combined so it will be well enough to cover the expected max DD of $44K. That being said, I really don't expect another big DD again any time soon due to the stagnation period we've had in the past few months, and I really believe we will see more gains before we have another significant DD.

                                Also, high volatility is expected next week as we have FOMC minutes and NFP coming up. FOMC minutes will be on Thursday next week which is a bit unusual, and that is due to Wednesday (July 4th) being a public holiday. This may create more volatility as the FOMC minutes and NFP will be closer to each other than usual, and that's another reason why I believe it is now a good time to increase the risk on SFE PA again.

                                The reason why I have changed to using Fixed lot now, is because I actually came to realise that the method I have been using to make more profit (ie. increase Autolot risk setting when in DD, and reduce Autolot risk setting when in profit) is essentially just the same as using Fixed lot size - when you account balance increases, using the same lot size means you are trading at a lower risk, and when the account balance decreases, using the same lot size means you are taking more risk with each trade. So for me it's much easier just to use a fixed lot size rather than changing the risk all the time.
                                Last edited by ccjhuang; 07-02-2018, 07:28 AM.

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