August and September Trader(s) must have been and still on vacation.
I would be happy not to make any money with thisājust to get back what Iāve lost and close it.
SFA was in profit for the month of August. They were in profit for the month of September. They are currently at around -73 pips for the month of October. So in less than 3 months they are still in profit at +403 pips. So how can this be described as ādoing so poorly?ā
After reading the reviews about the SFA on FPA and their own website, you come away with one main themeā¦ The SFA grows accounts āslow and steadily over time,ā using safe money management.
You canāt judge an EA because it has a bad month. In fact, most serious Forex traders test a strategy out for several months if not longer before they come to a conclusion. But I understand folks are impatient and want to see immediate results. Iām the same way, but I remind myself that patience is the key, just like they say on the SF website.
A lot of people are SAYING they are doing well; keep in mind 95% of traders lose their account, sooooā¦somebodyās lyinā :55: No one will report to any of these forums something like: āOh my God, I SUCK at trading! Iām getting clobbered!ā Just sayingā¦
My concern with this EA is the inconsistency with which we receive signalsā¦and a little bit about the inconsistencies with results. I wasnāt with this EA before October so have to give them the benefit of the doubt; if the results for Aug and Sep are accurate, then they deserve that much.
Iām going to wait and see.
Ohā¦and no trades for a week? Same for everyone?
Am I allowed to do this here? Iād be happy to, just donāt want to violate any forum rules.
Oh, I didnāt think of that. Hmmmmā¦
I just went back and read the General Rules. Hereās part of a quote:
āHijacking threads is not allowed. Try not to change the topic or ask a new question in someone elseās threadā¦ā
So, I guess thatās that. Iām going to delete my question to you.
As for trades this week, we had that loss on Monday (I think it was) for 30 pips plus or minus. I canāt look at my EA trading platform because it shuts down, even though Iām using a VPS. But I received a notice from my broker (Tallinex).
Just the +2.9 pips minus broker commission, enough to afford me some bacon.
AUDUSD +13 pips! That ought be enough pips to buy some bacon for a month! :18: Just having a little fun here to lighten things up a bitā¦
I understand where Bacon & Mary are coming fromā¦ with skepticismā¦ and thereās nothing wrong with that. In fact, itās good to be skeptical. Iām skeptical as well. After all, weāre talking about trading with real money here, unless your trading the EA on a demo account.
My suggestion is to just trade with a small balance of $100-$200 on a micro account/demo account with one of their recommended brokers. Put it on the back burner for 3 or 4 months while it is being tested and also look for other trading investment opportunities. Thatās what Iām doing.
Good suggestion, bbatis. Hadnāt thought of staying in the game.
Thanks mary4xā¦
Yeah, I took that train too. Glad to see SF back in action. If I look like a pig (pun intended) in a month, I know who to blame.
Good call.
Neither did I (ICMarkets)
USDCAD sell for +2.6 today
I sent you a PM (I thinkā¦I havenāt sent a message before, so hereās hoping itās in your inbox )
The AUDUSD sell trade was executed at 5:06pm PST. Exited at 5:51pm PST.
0.8744 - 0.8731 = +13 pips.
USDCAD sell trade executed at 5:25am PST. Exited at 6:52am PST
1.1201 - 1.1203 = -2 pips.
Sorry for off topic, but how do you enable PM, my inbox said I do not have sufficient privileges?
I guess Babypips do not allow anyone connecting outside of this forum. So my point regarding PM is probably moot.
My read on that is that you canāt post your personal email address or personal IM address ON THE FORUM so that you are āadvertisingā communication outside of the BabyPips system. Iām sure that using your BabyPips account to IM within the Baby Pips system is ok, encouraged even, to not clog threads with unrelated information.
PM sentā¦