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Hello,
I have been working with the TOP 10 EA’s and I bought a 1 year subscription. I started using these EA about a month ago and am now doing live trading. last week I set up of set of EA’s that appear to be doing well. This week I set up a new account and started a new set of EA’s
My goal is to set up 5 or 6 accounts, each with $1,000 than add funds when profit hits about 50% of balance. The account has many symbols so, hopefully there will be 5 or 6 trades per week.
I am having an issue. I just lost 7% of balance in 2 days.
I think it might be how to set up the symbols and lot size in a single account. On Sunday,May 18,2025 ( 3 days ago). I created an account with the following magic numbers.
EURUSD – 371369515
GBPUSD – 1679540878
USDJPY – 2005769693
EURGBP – 2015330719
GER40 – 1633191912
NAS100 – 1620947024
US500 – 462442963
UK100 – 782702109
I did not make any changes to the accounts, except I changed the lot size to reflect a 3% balance loss if the stoploss is triggered. IE EURUSD is 0.03 and EURGBP is 0.04.
In the first 2 days of trading I lost 3 positions causing a 7.6% drop in balance
time type volume symbol price S/L T/P time Price Profit
05.19.05:00 sell 0.03 eurusd 1.1763 1.126 1.108 05.19 12:02 1.12613 -35.57 371369515
05.19 09:00 sell 0.04 eurgbp 0.84096 0.843 0.835 05.21.00:02 0.84469 -27.81 2015330719
05.19 16:00 sell 0.03 eurusd 1.12568 1.13 1.116 05.21 02:57 1.12872 -12.69 371369515
Questions:
1. Is there a better way to choice the number and types of symbols?
2. Is my lot size to big for a balance of $1000? is 3% OK?
3. Should I use a equity protection or a balance protection? What I want to do make $1000 -> $1500 then I will add another $1000 to the account. Maintaining 3% of balance on won money going forward. I just need to get to $1500 first.
4. What am I doing wrong? or could I do something better?
I would appreciate a short direct answer here as well as a link to one of your videos for a detailed answer.
Thanks,
Chris
Hi Chris, I’m sorry to hear about your experience. I replied to your email. If you need any additional information or support, please reply directly to the email so we can keep communication organized and in a single place. Take care!
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I’ve tested almost 864 EAs over time, and one thing I’ve learned is that a high backtest profit doesn’t automatically mean an EA is good.
Out of all the EAs I’ve tested, there are only 2 I’m comfortable recommending.
What made them different?
• Predefined SL & TP
• No Martingale
• No dangerous Grid
• Proper risk management
• Controlled drawdown
• Reasonable risk-to-reward
• Consistent performance across different market conditions
• Realistic backtesting
• Forward/live testing
• Spread & slippage protection
• News filter
• Trading session filter
• Lot-size control
• Daily loss protection
• Maximum trade limits
• No unlimited averaging down
• Stable equity curve
• Doesn’t depend on one lucky periodI stopped judging EAs by “how much profit did the backtest make?”
The better question is:
“How does it behave when the market stops going its way?”
That’s where most of the 864 EAs I tested failed.
The two I kept weren’t necessarily the ones with the biggest returns. They were the ones that showed the best balance between profitability, consistency, and risk control.
