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Hey traders,
In this topic, you are welcome to share your experience from the 21-day program. I, the other mentor, and the moderators are here to help you. As well 100s of experienced traders we have in the Forum. So do not hesitate to share your results!
Good day,
I am on day 4, The result on MT4 are not great but I started the 21 days on a Friday evening with a holiday Monday (I am from Canada). This morning the 3 Portfolios Expert are generating profitable trades.
I believe that Oanda in Canada has too much spread, I will try FPmarkets for the next step of the 21 days.
I am very happy with all the courses and the useful material.
kind regards,
Hey Jeremie,
Glad to hear from you! Yes, give it always more time. There will constantly be losing and profitable days, but the most important is looking at the big picture and finding the best way to manage the EAs.
Is FP Markets accepting clients from Canada?
Hi,
thank you for the EA´s and lots of examples in your course. Except one of my EA´s all are making profits and with a bit of twaeking they work very well I have to say. I use FP MArkets in Bulgaria and am happy about the results so far. Thank you again.
Chris
Hi Chris,
Its good to hear you are having success with the EA’s. Can you share which course you are referring to and more about the results, such as, how much profit over what time frame and why you had to make some tweeks and what tweeks you made, etc. I am sure other traders would like to know more about your success. Please share!
Alan,
Hi Everyone,
Today is 4th day of algorithmic trading. Just sharing my results of 2 demo accounts having different lot size.
Demo Account 1
Balance $25k
Lot Size per trade: 0.25 lot
Hi Joao,
Trading goes through periods of gains and period of loss. In the long term with our EAs the gains will be greater than the losses. Give it a few weeks and you should see some nice profits. I have a demo FTMO account I share in the Prop Firm area of the forum where you can follow my results. In this account it did good for the first several weeks and made a 7% profit. Then over the last month it as lost 1% giving me a total profit since the beginning of August of 6%. I expect in the months ahead this demo account will once again provide some nice profits. Successful trading comes with time so hang in there!
Alan,
Hello – for manual rather than EA trading, any suggestions for a low cost or free chart-based MetaTrader add-on to help size, e.g. risking one percent, execute, and manage trades?
Hello
I am a new student for the 21 day challenge.
Right now with the default settings I have an unrealized profit of $131 on the account which is really cool to see.
I have a question.. for the GBPUSD 1M EA .. I noticed that the default settings is .01 lots.. Do I have this correct (as its a lower time frame bot the default settings is .01 for less risk? or is this suppose to be set to .10 lots.
At first I was a bit confused on doing set lot sizes, as I have been doing manual trades and I have a lot size calculator that auto calculates the lot size to risk only a % of the account per trade or risk a set $ amount per trade… However from what I am seeing in this course we are focused on a consistent set lot size? And the losses and wins have some variety based on the distance from our entry to the stop loss? or we could also calculate this and have a different lot size per EA that would reflect how much we want to risk per trade and have all of our losses the same amount of the SL is hit?
Looking forward to continue my education here… I have seen auto trading bots and algos perform well in the past then fail as market conditions change.. its encouraging to see here that we update the bots every month based on performance and we diversify with lots of bots at once.
I think I figured it out.. so these bots have pre determined MAX STOP LOSSES in PIPS so we can calculate our lot size based on how much we want to risk in $ per trade using a standard lot size calculator / risk calculator.
So if I was trading this live, and I wanted to risk a maximum of $25 per trade .. my lot size would be .03 lots (based on a standard position size calculator) . the 100 pips for stop loss I am assuming this is a hard stop loss amount… So I could calculate this for each EA and have it so all my trades max loss would be $25.
Hey Chris,
Thanks for posting the question. Yes, you can use any calculator to decide how much you want to trade depending on the risk tolerance and account size.
However, in the courses, we keep it at 0.1 when it is an individual EA and 0.01 when it is a portfolio Expert.
Usually, in the portfolio expert, there are 10 EAs, so if they all open 0.01, it will be 0.1. We take it as a ‘one’ strategy.
Let me know if that answers the question.
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