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Re: Z1 / Z2 profit so far
[Re: jcl]
#407725
09/18/12 15:11
09/18/12 15:11
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liftoff
Unregistered
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liftoff
Unregistered
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I am looking to set it up next month. But does it work on fxcm microaccounts?
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Re: Z1 / Z2 profit so far
[Re: jcl]
#407753
09/18/12 23:29
09/18/12 23:29
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Joined: Sep 2012
Posts: 24
Gattaca
Newbie
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Newbie
Joined: Sep 2012
Posts: 24
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Is someone already running Z1 or Z2 with real money? In the last 6 weeks they made about EUR 2500 profit. If you had started both in January with EUR 50 per trade, you had meanwhile about 11,000 EUR. What are your setting for margin and risk?
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Re: Z1 / Z2 profit so far
[Re: Gattaca]
#407814
09/19/12 16:39
09/19/12 16:39
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Joined: Jul 2000
Posts: 27,986 Frankfurt
jcl
OP
Chief Engineer
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OP
Chief Engineer
Joined: Jul 2000
Posts: 27,986
Frankfurt
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Right. That "spike down" is a drawdown (not "intraday drawdown") and can cause a margin call. There are subtle differences between drawdown, intraday drawdown, balance, and equity. You have to know them for knowing your risk. They are explained here: http://zorro-trader.com/manual/en/performance.htm. Look into the example under "Remarks". As a rule of thumb, a real drawdown is bad for your account, an intraday drawdown is bad for your nerves.
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