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Author Topic: Forex Adventures  (Read 1767 times)

Online rsmereka

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Re: Forex Adventures
« Reply #30 on: September 14, 2021, 11:46:03 PM »
I have been trying to find the cause of yesterday's 3.2% drop. The signal provider and you did not have this. I never did find the cause. The lot sizes were large (55.03 lots times trades) but the lot sizes have been almost double that.

I also received a call from my Blackbull rep telling me that the lot sizes presented too much risk and gave me a choice between a reduction in leverage to 400:1 and a max of 120 open lots in play or a reduction in leverage to 300:1 without any size limit. I choose 400:1 with the lot limit. I just emailed my rep asking if that:

1. applies to both trading accounts
2. is the lot limit per account or both accounts

I already have two MT4 accounts so I am not considering another account.

I have also reduced the risk multiplier on the Live 1 account to 2x (like you).

I am very suspicious that the basket of trades yesterday was subject to broker interference before they called me.


Online rsmereka

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Re: Forex Adventures
« Reply #31 on: September 16, 2021, 01:52:23 PM »
Another mystery drop today of 1.9% on my primary Live1 account.

Another case of the signal provider not recording this loss  :'(


Offline diyforexskills

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Re: Forex Adventures
« Reply #32 on: September 16, 2021, 11:47:56 PM »
Nor me, but I am only on a $4K account.


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Online reinerh

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Re: Forex Adventures
« Reply #33 on: September 17, 2021, 01:47:55 AM »
Another mystery drop today of 1.9% on my primary Live1 account.

Another case of the signal provider not recording this loss  :'(

nope, you had a missing green trade, a sell, it was only 1.6 pips but mega lot size = 10

Offline diyforexskills

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Re: Forex Adventures
« Reply #34 on: September 17, 2021, 04:11:23 AM »
Can't help but feel that these large lot sizes have trouble being filled. Judging by relative account size, the sell trade you missed would have been some 120 lot on your account.


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Online rsmereka

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Re: Forex Adventures
« Reply #35 on: September 17, 2021, 05:27:35 PM »
Thanks guys,

I agree about fulfilling an open on a trade with a large lot size. It's my %*(#! broker combined with the size of the account combined with the trading style of the signal provider. A toxic mixture. Pi*ses me off.

I dropped my risk on the Live 1 account again. Now at 1X.

Grumble, grumble  >:(

On another note, my Live 2 account running EverGreenFX finally got out of the red and back in (really minimal) profit at $205.54. Now if I can only claw and scrape my way back to where I was, but I doubt it.
« Last Edit: September 17, 2021, 05:36:17 PM by rsmereka »


 

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