2nd month on 200k account

[jlherian]

This is an update from the 1st post. From oct 14 th thru nov 14. Original bal. was 40k,it now has an equity balance of $51329,a $11,329 increase.Current draw down is $9,337.17.Open trades stand at 15
The last couple of weeks has been bad for draw down but I'm not to concerned.
I'm using robominer 2.19 with settings of .50 on both pairs ,every thing is default.Happy trading.

[admin012]

keep it up

[mareemay2002]

.5 lot size is very high jlherian.

My partners account is using a $4000 balance factor on a $60000 account and is opening trades at .15 lot size.

[mblake]

I agree with Maree. If it was on a live account it will crash and burn at some point. It only makes sense if he has done the maths and has enough funds to cover the gap that can be added to his account the same day. Michael

PS: Another official seller recently had a margin call then all his trades closed on his RM Pro account trading $5000 which was shown on site in te Pro marketing section. It did well initially then literally within one day he lost it all.

[jlherian]

Dear MareeMay,you say you are at bf of 4000 with a 60k account and are trading at .15 right? If you were trading a 200k, at a bf of 4000, wouldn't your lot size be equivilant to .50 lot ? Remember,I am using $40k manally to get 3% return on 200k,and can fire in all or part of the exisisting $160k which is drawing a little interest {1.5%}
Also,on 10-29-09 I headged 80% of the audnzd open trades due to a daily trendline violation to the upside 4.5 mini contacts worth saving around 1200 pips worth of DD.I move my stop 1 pip under the third daily low from todays close. So,If my way of thinking is still not right please tell me where my settings should be,I feel if I can keep my DD under 10-12k I can sleep at night.

[mareemay2002]

I see what you are doing now jlherian. As long as you have the funds ready to be put in the account then I guess you are good to go.