My Live auto trade setup

Discussion in 'Automated Trading' started by auslanco, May 25, 2007.

  1. FX245

    FX245

    your expectations are very high ... I would be very happy with a consistent 5% per month ... make sure to attend the pips school: http://www.babypips.com/school/ if you want to expand your activities in fx world .... "leverage the killer": http://www.babypips.com/school/leverage_the_killer.html
     
    #11     May 27, 2007
  2. fx-auto

    fx-auto ET Sponsor

    Guys,
    There are crossed wires here. This user with 10k account deposit has been granted 100:1 maximum leverage by the broker that we use , FXDD.
    The portfolio they have created is not close to this:
    ATR Channel GBP/USD 0.1 X 4 (40k)
    ATR Chanel USD/CHF 0.1 X 4 (40k)
    EspritFx Eur/Jpy 0.2 X 2 (40k)
    EspritFx GBP/USD 0.2 x 2 (40k)
    Quants - MP40 GBP/JPY 0.1 X 4 (40k)
    Ubertrading Eur/Jpy 0.1 x 6 (60k)
    Ubertrading Gbp/Jpy 0.1 x 6 (60k)
    Ubertrading Gbp/Usd 0.1 x 6 (60k)

    Worst case scenario, if every signal provider in his/her portfolio had max positions on all trades simultaneously, the client would have $380,000 in open position exposure, 38:1 approximately (not allowing for margin variation for different pairs).

    38:1 is still considerably high, although it is possible that this level would never be reached, many of these systems are selective entry and not "always in market".
     
    #12     May 27, 2007
  3. FX245

    FX245

    thanks for clarifying this fx-auto ...
     
    #13     May 27, 2007
  4. auslanco

    auslanco

    Thanks fx-auto.

    Now I can sleep little better after FX245 got me all worried during the weekend... :)
    Iam going to keep the same portfolio but add another $5000 to my account to bring down the portfolio leverage.
     
    #14     May 27, 2007
  5. fx-auto

    fx-auto ET Sponsor

    Hi,
    It tells you on the platform portfolio builder what your leverage is after you construct your portfolio.
    See screengrab.
     
    #15     May 28, 2007
  6. FX245

    FX245

    sorry for that :cool: looking forward to your results...
     
    #16     May 28, 2007
  7. auslanco

    auslanco

    No probs Fx245. It was my fault quoting you the wrong leverage due to my lack of knowledge about the difference between the broker leverage and the portfolio leverage.

    I sure will update my performance everyweek on this thread.
     
    #17     May 28, 2007
  8. auslanco

    auslanco

    Account open date: 15/05/2007

    Start-up Capital : $12000
    Balance as at 01/06/2007 : 13436.11
    Loss/Profit since open : $1436.11 (+11.9%)
    Floating Loss/Profit: $199.66 (+1.66%)
    portfollo leverage : 40:1
    Maximum Total active/used leverage as at 01/06/2007 : 9:1
    Maximum DD as at 01/06/2007: $380-$415 ( aprox 3.3%)
     
    #18     Jun 2, 2007
  9. FX245

    FX245

    great report - great results.
    how do you calculate the "Maximum Total active/used leverage" ?

    thanks.
     
    #19     Jun 3, 2007
  10. auslanco

    auslanco

    Hi FX245,
    Thanks for the compliment.


    [how do you calculate the "Maximum Total active/used leverage" ?]

    I calculate the maximum open lots at any givn time. This can be done on the "history" section of your FXDD-Auto platform or by monitoring the live platform 24/5 as I do.

    maximum total number of lots opened/active for that period was 11 mini lots ( $110000).
     
    #20     Jun 3, 2007