2009-06-20, 10:34 PM
|
#89 (permalink)
|
| New user | What a Shock to the System !!! Hi fellow traders,
I have been running MegaDroid for quite some time now on demo, and recently I have started a live account also. Both accounts are doing OK, positive trading results.
I had an interesting experience, however, a few days ago, so I thought I would share this with all the members.
I was away from my computer for a couple of days, so I did not know what was happening, but when I got back to my computer and looked at the chart, I thought I was seeing things. (see chart attached).
On 15 June, 23:23 hours, the Droid took on 2 trades, only seconds apart.
The first closed after 25 minutes with a TP of $711.
The second trade (blue box), however, was kept open for almost 48 hours, so I closed it manually on 17 June at 22:09 hours (blue box). The TP was a very healthy $6,962.80. (+169 pips)
What I am concerned about is the following.
Firstly, how come the Droid went up +207 pips, when the manual states that the TP=15, although this supposedly varies? - HOW MUCH?
Secondly, if the trend went the other way and the Droid did not close the trade at max. SL=150, then the account would have been decimated? Any comments would be appreciated. Thanks PipBear |
| |