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Originally Posted by Merrygoround  I will follow your advice. After two blow-ups, I have had enough failure.  As the Chinese say: It is better to take many small steps in the right direction than to make a great leap forward only to stumble backward. With the proper MM, I think that this EA can be very succesful in the long run. But I blame the vendors of this EA for not warning on their site that a very big reserve is necessary. I guess that statements like that do not attract new customers.
I hope that you will keep your FH DEMO account running for several months on myfxbook, because it is the only reliable long-term performance monitor that I have seen for this EA. I am not sure if the one on the official site can be trusted. |
I will keep the Forex Hacked demo running until I either go with a live account or I give up on the EA completely. I won't run FH on a live account until I am convinced that it will run safely in the long-term (whenever that is).
The equity on the demo account is approaching the 10K mark, at which point, I will increase the lot starting lot size to two micros (0.02). The most dangerous time for FH is when the lot size is increased.
Rick