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| Definetly not a good day EA |
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| Written by Viktor Iwan | |
| Friday, 11 January 2008 | |
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What happen yesterday on 10 January 2008 makes losses for some EA, Bogie hits losses, Fractal Wizard facing with floating loss, Pointbreak begin to show a quite big potential drawdown. But luckily for mathematical edge's EA like pointbreak and pipforia , while drawdown means waiting time if you have enough buffer and not overtrade... Ok i'll run some report here... Bogie smacked by market price..
http://www.eximtrust.com/fxdd/statement.htm i'm not saying that bogie is a bad EA, consistenly profit on champhionship is paramater that this EA still shows its potential. But i guess one of bogie weakness is the ability to detect a sharp reversal movement, like what happen this week.
Fractal Wizard try to recoveringi looked at Lin's Account to see how Fractal Wizard EA doing, and yet it shows a good result recently, Now it hold 2 floating loases... if the price hits 1.4847 level.. Fractal will book 2 concecutive losses... but in overall , the profit made by fractal still promosing it could deliver profit in a longer term Pointbreak : closing or drawdown ?!
For your information, pointbreak use 1:2.5 or sometimes it use 1:3 , current position in some of accounts that i monitor is 43 position, with 30 Buy Position and 13 Sell position. I guess this is the time where all we hope Pointbreak will add more about 10 positions... and close the cycle... OR if reversal... we have to wait until it has 90 Sell Position.... i don't think it will occur, but its mathematically possible... Let us see how market react in this Friday trades ! (whoaa.. it's friday already ... time is so fast ) |
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| Last Updated ( Friday, 11 January 2008 ) |
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