Only Manually. I use several types. However, I am using Up Retracements only to build back the account in guide of the ABCD strategy on the hourly chart. It's a much less aggressive strat.
So, on Wednesday 20th I managed to put the account back into the positive. I was happy, excited, and relieved as well. Upon asking a few questions to let us call him “Mr. C,” I was even more relieved that I can sit still and not trade until the beginning of next month when my previous account-target-reached was guaranteed to be paid out, at least that is what I planned. I work night shift so when I woke up after the normal routine, I decided to go on the pc to login to Savius’s website and just analyze the report. As soon as I logged in, I saw a floating order in red, about 8k (Drawdown of 10k is DQ). I saw this and thought I was in a parallel universe, shell shocked to say the least. When I came too about several minutes later, after verifying that it was the demo live account I flattened the order, not before taking a screenshot though. All my hard work and time was wasted because of that order. Obviously, I spoke to Mr. C, sometimes its B, from Savius. He showed me a page/statement of orders and only one IP address which is mine, (I will need to check my IP address later now that I think about it). He told me I left a Limit Order in, but I responded that I always use OCOs and that once I hit the flat button, all my positions in the market are instantaneously out. Like Batman, I am skeptical of everyone and everything, not to be paranoid, but these days you just got to be to survive. After speaking with Mr. C, I decided on doing my own due diligence. I looked on the platform for any historic orders, none came up or I do not know how to get it. I searched everywhere, maybe there is something I am missing? Then I searched on Savius’swebsite, and I saw entry and exit prices that I took. I compared and contrasted between the suspected entry’s price and the time it was initiated. I showed Mr. C this, I told him something does not add up and please help me to understand. On that day of the 20th, I exited my last trade @1030am, the rouge trade entered the market @1049 am. It does not add up in that @1049 am, when I mapped it with the price it shows me 18257xx instead of the said 18384xx entry. The price of 18384xx occurred around 205pm, you guessed it J FOMC. When I explained and showed Mr. C this he then told me that these are average prices. Mr. C offered to have their tech, Volsys, contact me tomorrow Friday 22nd so they can remotely see if any errors/fallacies had occurred. When one hand washes the other, who is to say things would be in my favor? Below is a statement sent to the tech on their website and Telegram service. After waiting awhile on the telegram, I messaged “is anyone here?.” The person responded that they would get back to me later. That was on the 21st of March. “Later” has not arrived yet. “Hello I am with Savius LLC using your platform. They said to contact you on Telegram . I have a few questions about your platform if you do not mind since I experienced a horrible situation yesterday regarding a "mysterious" order. I use only OCOs and to my knowledge and experience if I were to flatten the trade then market, limit and stop order are out of the market. My questions are: If a Limit order is not in view of the trader on the smaller charts but, you can clearly see it on the daily because it's so far away, would the order be cancelled if I simply flattened the OCO order or because it's not in view of the trader the flat position button will not have done it's job on the smaller chart? If I am using the sim account compared to the live account, would a limit order if stayed in the market on the chartwouldaffect the live account if I switched it to the live account or that order recognizes only for the sim? How do I get more candles on the Daily Time Frame? I only managed to get one big candle. I tried zooming in and out but that does not work. Thank you.”
What a stressful week and a half it was, but mission accomplished. The goal was to be back in the positive so I can receive my payout next month on the previous account. As for the crisis that happened. It appears that their platform is like NJTrader/Rithmic in that if internet is gone for a split second, the stop loss order and limit order are disconnected from the server and that you will have to press the release button to rid of them from the market.
This week was a bit frustrating, losing 3 days in a row. I managed to bounce back in the last two days. I switched to the idea of risking 500 dollars per trade with a daily loss limit of 1k besides rising 1k/trade and daily loss limit of 1k. Everyone needs a second chance right. I don’t like trading too long because of fatigue but the second chance trade makes sense. Oh yeah, I got paid out on the 3rd!! I was waiting till the 15th, but I guess it’s from the first to the 15th.
This week was the "only if I had more accounts" moment. It's challenging managing one account while limiting yourself of trades and how much you are willing to lose in respect MM for fear of losing the account. Big ones I missed on the live but finally got the nerve to add one more account to my portfolio. It is commendable that a trader can have free resets unlimitedly until they pass for 80 euros. As you can see, I am up close to 12k on my second attempt of resetting for the day. Obviously, I will be MM efficient going forward as to not start over.
Gotta take the good with the bad. After much thought, I am switching to lowest tf of 60min. Micros are so flexible!!!
I remembered looking at the 4hr when it was a downtrend and said I will be trading the 4hr from now on, first trade was not successful, so I reverted back to my normal charts, same thing happened with the 60min chart, sadly. Better decisions could have been made this week, but I am grateful for the quick push that happened on Thursday. I was wondering when I will be fortunate to get a big quick move and I was awake around that time to experience being in the right direction of it.
All right, got my second payout on the 18th of June , another 60% of 16k. While I am a bit excited, I have failed a few, no excuses whatsoever. I don't expect any payout next month but maybe in August once adhering to my rules. Going to try to stick to one strat while expanding on it on certain market conditions if need be. FYI, don't trade multiple accounts at the same time or else you will fail both instantly, it's called mirroring if in the same direction and "hedging" if in the opposite direction.
Did not expect to make 12k this week to meet the payout eligibility but my wife told me "You did it before", and so I did it again.