What does
Pip Cop do?


Go Back   Home > Forums > Forex Robot Reviews > Previous robot reviews

» Welcome to the Pip Cop - Forex Robot Reviews and forums.
PipCop reviews MetaTrader Forex robots (EA's) in real-time and posts detailed statements every 15 minutes.
We ONLY forward test on real accounts for the most accurate robot reviews!

Be smart! Read the Review FAQ or you WILL lose money!
If you enjoy the site, please let me know by registering or donating! Thanks! -- PipCop
P.S. This message is hidden if you register!
Previous robot reviews Previous reviews of robots, some good, some bad.
Closed Thread
 
LinkBack Thread Tools Display Modes
Old 2008-11-24, 01:16 PM   #71 (permalink)
Pip Sergeant
 
Posts: 331


Default

Why did you increase your lots with the stop? I had considered doing it the other way. Decreasing the lot size as I increased the stop. That way it would maintain a more even risk sizing. Further I feel that the widest stop and TP has the lowest probability.
Ken Long is offline  
   
 
Old 2008-11-24, 01:40 PM   #72 (permalink)
New user
 
Posts: 8

Default

I had thought of it that way as well. It actually makes more sense to reduce your risk for greatest SL . The reason I am trying this way is in case my first 2 or 3 trades stop out, then I can more quickly make back my losses with the 1 or 2 trades left in case it was just a false reversal. However, if there is a trend reversal, then it will just compound my losses even more. Hopefully that doesn't happen too often though. At this point I'm just playing around with that strategy, but I believe I will try yours as well. I am certainly open to correction on my strategy if my thinking isn't quite on track.
Richdad is offline  
Old 2008-11-28, 07:54 AM   #73 (permalink)
Pip Chief of Police
and Site Owner
 
PipCop's Avatar
 
Posts: 1,197
My Trading Journal

Default

This EA is now being tested on a LIVE account - please continue this discussion here:

http://www.PipCop.com/forums/previous-robot-reviews/75-live-demark-lines-robot-review-real-cash-account-busted-2719-a.html
__________________
> Don't get busted by PipCop ... Read the Rules!
> Questions? Please read the REVIEW FAQ first!

> Have a Forex link? Add it to the Links Directory
> How to link your MT4 statement to your profile
PipCop is offline  
Closed Thread

Bookmarks

Thread Tools
Display Modes




All times are GMT -5. The time now is 09:43 PM.

Powered by vBulletin ®
Site content and design Copyright © 2010 PipCop, LLC.
Site designed, hosted, and maintained by One Web Ave
Template by vBSkinworks.
Content Relevant URLs by vBSEO 3.3.2