Back in business
After 3 months of backpacking perhaps it is a bit early to say that I’m back in business already (arrived at home yesterday morning with a overnight train), but at least I’ve started to examine my live accounts and made some graphs of their performance. Doesn’t look too good, but of course it was a gamble to leave my scalpers unattended for such a long period, I knew that. I am a bit surprised by some of the losses on the JadeFX account thou, it was very very solid right up to the day I left (21st of September) and then it really have been struggling the whole time.
Alpari-UK live account w39-w52
In total the loss over this 3 month period is -€138 at Alpari UK. As you can see in the graph it is somewhat controlled losses, thou the maximum drawdown was 40% (in both the downturns basically). The main offender is MegaDroid (with tweaked trading hours) with a loss of €258. Definitely have too look deeper into that. USDCAD traded by FAP Turbo was the best with a profit of €231.
Forex.com/UK live account w39-w52
As you can see in the graph I added funds to this account ($1000) in order to keep RoboMiners open positions safe margin wise. I knew this could be needed since I traded with a little to small account. The performance have been very good thou with a steady gain of $828. The small bumps in the upward trend is losing trades by MegaDroid, but overall MD is up $208, so it have been doing well on Forex.com/UK (especially well compared to my other accounts).
JadeFX live account w39-w52
Well this really is sad. Basically the account crashed during October, from $929 to $216, a 77% drawdown. All EAs and pairs were doing terrible. Then it started to produce winners again and more than doubled the account in the beginning of November to $457 before starting trading bad again. The real disappointing thing was just in the last week of trading thou with two MD EURUSD trades entered by the same MD chart with stoplosses at -111 and -46 pips. Something must have gone wrong there, I’ve never seen such a high stoploss by MD before. After that the account is once again decimated. $197 is left of the $929 (which was built up from a $500 deposit). I haven’t really gotten into the details but it seems MD have been performing very bad on JadeFX the past three months, for some reason. The best performer have been Forex Shocker, with the new 2.0 version being even a little better than the 1.1 that have made most of the trades this fall.
If you add up the three accounts profits and losses the total loss is $42 over the last three months (or gained about $400 if you count the cashback I’ve been receiving). I will make adjustments to all accounts the coming days (will post details later), and begin trading scalpers again on the 4th of January on selected pairs. Right now I only have RoboMiner active.
I probably will add funds to the JadeFX account and enable just a few EAs and pairs (some non-aggressive MD charts, FS2 USDCHF and FAPT USDCAD perhaps) and hopefully I will be able to turn the account around again.