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Old 2009-02-22, 11:27 AM   #4 (permalink)
matchett
Rookie Pip Officer
 
Posts: 48
My Trading Journal

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Quote:
Originally Posted by rsmereka View Post
Hey matchett,

Where are the results? What settings are you using? What broker are you using? Is it demo or live?

Rick
Hi Rick!

Sorry about no posting of my result but I couldn't fugure out how to convert my HTML file to either PDF or ZIP. I got it now and here it is.
I use an Alpari Demo account of 3000.00.
Like I had said before, I would seriously test a system on an Un-Realistic amount of money. This amount of money (3K) I would be willing to sacrafice if all went bad.
First is backtesting....over and over and over again! Changing evrything each time. Hours and hours....
And then of course finding the right settings you like and forward Demo testing for at minimum 1 month and possibly more.
Finallay Live activation and on this system lower my risk factor and keep it very conservative for each week....progressively raising my risk each week to where I want to be.
It is stated by alot of people that Demo vs Live is very different. I know it is becasue the different systems trade different ways. Grid systems set a ton of peneding orders which can be seen by the Broker.
Another huge issue is that almost all Broker use a computerized trade activation on Demo accounts but use a dealer/manual desk system to enter live trades. This can cause the dreaded "requote" and delay in the placement of your trade...which in turn....can really screw thing up when your system is a scalping based system.
I am just going to try Alpari and be really conservative. AND FAP Turbo's Trades are hidden.
So here are my results.
I have also included my settings for FAP Turbo Version 36.
***Please no one use these setting on a live account unless you are familiar with all aspect of what you are doing. I am not responsible for your actions***

Thanks for the response!
Attached Files
File Type: pdf fapturboalpari021202009.pdf (48.1 KB, 293 views)
File Type: set fap turbo mikes preset eurchf.set (2.0 KB, 220 views)
File Type: set fap turbo mikes preset eurgbp.set (2.0 KB, 194 views)
File Type: set fap turbo mikes preset gbpchf.set (2.0 KB, 172 views)
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