Quote:
Originally Posted by Ken Long  3 loses last night hurt my balance as well. This is one of the drawbacks to scalpers with large stops and small gains. When they hurt you, they really hurt...
I'm still waiting for the robot that can clear 75-80% wins with a standard 3:1 ratio. |
Three losses... I only had one but it was a biggie at 56 pips on the, normally fairly stable, EURCHF. What currencies acted up on your account last night?
75-80% wins at 3:1...yah, right
I wish we could find an EA like that. Especially one that is stable for more than one month.
I think I have a trading system that comes close. I have been testing it since Feb 11. So far it has produced 22 trades, 15 winners and 7 losers so it has produced 68.18% wins. The standard win is 100 pips and the standard loss is 60 pips so the risk/reward is 1.4:1
although there is also a time limit on each trade and the loss is not always 60 pips. The trading system is not an EA...yet.
Rick