Monday, November 3, 2008

Steinitz EA, 8 Week Result

Two month already I go live with "Steinitz HAS MTF EA"

On 7 week result is awesome, but last week have a high Drawdown on Steinitz EA. If only I stop using Steinitz EA on 27 Oct 08. My balance is $18145 with floating minus only $515 at that time. But that is FOREX, U will never know what happened tommorow.

My initial deposit is $7385 since 2 September 2008. After Steiniz EA close all position in the beginning of month, now my balance is $13321 (about 80% in two months) with floating minus $217.70

September profit is about 18%
October profit is about 62%
That still count as a good result

This is my live statement grahics since 2 Sepetember 2008

You can download live statement dated 3 November 2008

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2 comments:

Anonymous said...

Thank you for sharing useful information.Here looking at the charts traders will find that at times the price reverses exactly at 20 EMA, but sometimes it moves even further before making a u-turn. Always be ready to leave some room for the price to make this turn, that's why we suggest using 40 EMA for stops.


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Anonymous said...

I don't like the drawdown of this EA! :(