It has been brought to my attention that there is an error in the Rules. 3) Segregate 5.85 * amt of funds into the Cash sub-account. For example, if you start with 5k then put $4,270.00 into Cash and trade with $730.00. To transfer between accounts just use the transfer choice in the platform. Your cash earns around 2.3% APR, assuming you have a USD account. Set the Leverage at 50:1 and restart your puter'. Electric must fix this...Perhaps this is better: 3) Split your initial Funds into two accounts. The idea is to have 5.85 times the amount to trade with in a "cash buffer" type of account, AKA The Gambling Meter". To transfer between accounts just use the transfer choice in the platform. Your cash earns between 2.3% APR & 2.8%, assuming you have a USD account. Set the Leverage at 50:1 and restart your puter' Electric: Thank you so much Winter...The rules tab in the spreadsheet will be revised immediatly. Wifey....and Electric
Today's Trades (Friday) WebSite: www.ElectricSavant.com Blog: www.ElectricSavant.com/WordPress ZipFile:
Today's Carry (Saturday) WebSite: www.ElectricSavant.com Blog: www.ElectricSavant.com/WordPress ZipFile:
Today's Trades (Sunday) Note the updates in the increment finder section of the spreadsheet. It will take some time to get the actual positions to match those suggestions. WebSite: www.ElectricSavant.com Blog: www.ElectricSavant.com/WordPress ZipFile:
Positions Tab Snapshot AUD/JPY 15000 EUR/HUF 11,027 GBP/CHF 6815 Spreadsheet suggeston: AUD/JPY 15000 EUR/HUF 10280 GBP/CHF 7820 Electric will most likely buy 1005 units of GBP/CHF tonight after 20:00est when that spread narrows, to reach the ideal suggested proportion from the spreadsheet. He may split it up with two trades and try to get price improvement. If he misses half no biggie. After a while you will memorize the times the spreads widen and narrow. As far as EUR/HUF is concerned, I don't think Electric will sell any, he will just wait for one of the pair to signal an average down entry.
Electric and I are told this is an investment grade system, not a trading grade system. If the DD can be held down with a 50% projected return and a 1:4 max risk to cumulative profit ratio can be achieved, then it does not sound like any investment I have heard of. Call me an investor then! Wifey. If you want to make a hybrid "TradeVestment" then jump in with Cash & Carry.
Electric entered 502 units on the GBP/CHF with a market order and filled at 2.2593 (7 pip spread at that time). The remaining 503 pips remain to be executed. Wifey
The 2nd. half of the GBP/CHF trade (503 pips) was filled wih a limit order while I was sleeping, at 2.2589. Electric modified the "average down" order shortly after the fill (average down uses the increment in the spreadsheet minus the best fill in the trade tab). Electric never sleeps! Wifey
Electric is not quite happy with how this cycle dipped the system into 10% DD territory. Therefore he will increase the goal to 6:1 on the Gambliing meter. And maintain the same starting exposure at 1k units per $100.00 in AUD/JPY, in the trading account. When the system gets flat, it is a good time to begin trading "Cash & Carry" for those of you contemplating to start. Wifey