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Xaron replied Jan 16, 2009Yes MJ, that's true. I did this calculation on 353 trades.
From 10k to 1 million...
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Xaron replied Jan 16, 2009I just worked on my money management and found a better solution where I don't increase so aggressively... That should lower the drawdown and increases the return slightly. I'm always amazed how you can adjust the return/drawdown stuff just by ...
From 10k to 1 million...
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Xaron replied Jan 16, 2009Frank, I increase the position size because it's part of the plan.
From 10k to 1 million...
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Xaron replied Jan 16, 2009Yes, go for an ECN. Oanda ist the best choice for small accounts. With a real large one I'd go for an ECN as well I think.
Australians using Oanda?
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Xaron replied Jan 15, 2009Wrong. Limit orders should ALWAYS be executed at the designated Price with an ECN but not with any market maker as you are NOT a liquidity provider.
Australians using Oanda?
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Xaron replied Jan 15, 2009Limit orders are just filled at the next available price. You can set boundaries. And you don't provide liquidity here like with an ECN. But try to trade 100 units with your ECN.
I get slippage as well from time to time but only during news.OANDA Discussion
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Xaron replied Jan 15, 2009Thanks MJ!
Don't worry, I'll stick to my plan. Might reduce positions sizes if the DD exceeds 20%.From 10k to 1 million...
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Xaron replied Jan 15, 2009Thanks!
No, I don't have any special rules regarding the size. I just compute the position size depended from the size of the candle. That's all.From 10k to 1 million...
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Xaron replied Jan 15, 2009Here comes the transactions log from yesterday: image
From 10k to 1 million...
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Xaron replied Jan 14, 2009Actually it wouldn't work to just stop trading if the win of the last day has been lost. Maybe right after that comes the big winner? I don't know. And I don't care about that because my money management will kick in and get me out of that hole.

From 10k to 1 million...
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Xaron replied Jan 14, 2009Here comes the transactions log from yesterday: image
From 10k to 1 million...
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Xaron replied Jan 13, 2009Here comes the transactions log from yesterday: image
From 10k to 1 million...