after the margin call I added a Sell position manually on cTrader GBPAUD to pay for the loss caused bu the Broker terminating a few trades in the chain.
the position is now with 2300Euros in profit (stop level)
enabled trailing stop now .. as we are already green …Full Article
the Demo account that mirrors the Live account for the UB-Noise Strategy was margin called Last night.
sorry about that. i had not checked the balance on that account for ages, since this account is only used to copy trades to the cTrader Platform.
the Live account is still in massive drawdown (as expected) but all trades are still active there.
but for my personal taste, that is way too much money made in that short period of time.
making a quick buck with a machine is not always a blessing.
just remember: things that rise fast will also fall fast!
at Friday there where already 6 Short Positions open .. with about 11% drawdown.
on Monday, US2000 Gaped UP. and raised steady all day. while set on the 5 Minute Chart. the SELL Part of the EA did continue to buy until 128 Contract Short order where reached.
we Turned Off the AutoTrade Feature of MT4. and removed all TP Settings at this point.
then the price fall massively (as expected) and all positions where manually closed out Pushing the total Gains to a Whooping 91%.
as a result of a hot discussion on how Algo/EA do burn your account on a regular basis.
we take on the challenge and try to find out how well this may performs.Startet a new VPS with Metatrader 4
This will trade the Russel 2000 (US2000) Index on the 2.0 Setting (mean fully martingale)
Please note, this is NOT a test on if it can survive or not!
it is clear at the beginning already that this setup will Destroy/Blow the Account at some stage!
The mission here is to find out how much Money can be secured before it happens.
on the first 300% Gain (mean account balance reaches 30.000$) we will remove 15.000$ to lock in profits and the initial investment. we will figure out some plans later on how we keep it going.
after running for 1 Year Straight.
it is safe to say that the volatility on performance is VERY large. but despite all that, the strategy managed a total gain of 232.8% .. which is pretty substantial.
at some points, the drawdowns were substantial as well .. so this is something needed to use with caution.