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Old 2009-04-19, 03:01 PM   #245 (permalink)
Ken Long
Pip Sergeant
 
Posts: 331


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Quote:
Originally Posted by mitaji View Post
I absolutely agree. The risk on FAPT should be reduced but also avoid trading on or around public holidays and important announcements.

Agree with what? That you are going to reduce the stop to reduce risk?? Have you done the math, this may not reduce risk at all.. It may reduce the total loss, when the robot takes a total loss, and in return increase the instances of total loss.

Do you intend to actively monitor the robot and adjust the stops manualy, presuming that your judgement is better than the presets. If so, test this theory on your demo account first. The targets and stops are set to benefit the most people in the most situations. Certainly you can do better, but it is not easy. It requires knowing what your doing, and being there to implement the changes. This would tend to mean being there to manualy manage the robots trades, unless your good enough to assess future volitility and make the changes in advance.
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