Hi, I am live with z12. In this moment I have 9 trades open all are profitable for a gain that is close to 10% of initial capital about 1000 pips gains. I do no see any lock profit and Risk on most of the trade are still high and no trail and no target has been set.
Is this normal?
attached is the Zorro Report suffix has to be changed from txt to html
Re: Questions on Z12
[Re: MatPed]
#450243 04/10/1509:2404/10/1509:24
I would say yes. You should see changing risk values at least as the markets move around? Give it some time. If all your trades turn negative without intervention from Zorro then worry about it.
My Z12 is ~15% up. I have nearly 1/12 year of experience with Z12. When you see a SL far away from the current price it doesn't mean that Z12 will close the trade only when this price will be reached. In background Z12 checks the market conditions an can close a trade sooner than you expect.
I won't close any trades. Over the last three moth I my account suffers losses. Z12 and the market conditions hasn't fit. Now there we must the trades let run. Z12 also waits for the trend to arrive and then ride it all along.... ( Hopefully ). You can also see that in the equity curve of my account.
When you take a look at the history of my account from July 2013. You see that I've lost ~6000€ on Z12. I'm sure it was a fault of my installation/bad VPS. Cause others had better results than mine Z12. After setting up a new installation with a more professional VPS provider it seems to run like other accounts. Even I had a drawdown at the beginning and also now I now that the slider settings with a risk and margin of 10 can create such drawdowns. My account is still 48% up since July 2014. This is far better then giving the money my bank and playing with my money and giving me 0,5% back...
Yes, now I remember our previous messages. I have made mistakes on running z12 at the beginning too so I understand. Its not trivial configure Zorro for long term trading. Anyway you have an edge on me: your bank is way better than mine, I get 0% back!