• Registered: 2010-11-21
  • Posts: 5

Topic: Need your opinion

Hi, I need your opinions about a strategic point.
I have models, I check this models in demo and I am satisfy of the results.
I open an real account with 500 euros. I have Three models in EURUSD with Takeprofit 60 PIPS and STOPLOSS 45 PIPS, GBPUSD with Takeprofit 20 PIPS and STOPLOSS 30 PIPS AND GBPCHF with Takeprofit 30 PIPS and STOPLOSS 40 PIPS. Each models enter in position  5 % of the capital. I have 1/400  of leverage .

I want to put the 3 models in activity. What do you think about it?
Thanks for yours views.

  • zenoni
  • zenoni
  • Licensed Member
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  • Registered: 2009-10-25
  • Posts: 339

Re: Need your opinion

Demo trade these at least 3 months.

  • Registered: 2010-12-02
  • Posts: 29

Re: Need your opinion

yeah stay safe, test it on 1 pair only with max 0.1% risk

  • footon
  • footon
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  • Registered: 2009-08-17
  • Posts: 2,924

Re: Need your opinion

As I understand you have demoed them already, and results are similar to backtest=satisfieng results, so going live is the next logical step. The most important thing is to keep risks low! Trade at first with the smallest lot possible! You might consider opening a cent account - if it turns south you don't lose much, if everything goes by plan, you can then open the standard account.

  • Blaiserboy
  • Blaiserboy
  • Junior Part-Time Aspiring Space Cadet
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  • From: Toronto
  • Registered: 2010-09-06
  • Posts: 2,841

Re: Need your opinion

you might examine risk and reward on those settings before risking a lot.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Blaiserboy's Website

  • Registered: 2010-12-15
  • Posts: 6

Re: Need your opinion

Before you take a lot of risk, make sure that you test and continue the demo trade for several onths to compare the results. The main key is to always keep the risks to a minimum.