Recent content by chengsmine

Of course I am tradinig the EURUSD M1. I used to double my account balance in September. But at that time, the slippage was not displayed. I bet that it must have been much smaller. I already contacted the broker about this problem. No reply yet.

Demo vs Live (3) Just today I lost 19.4% on my live account, but I gained 12.8% on my demo. Both of the accounts are with FXCBS. I have discovered the REASON for the difference in results. For the moment, I switched the risk level to 0.2% just for the sake of observation. I am still iin...

Group Orders I have discovered that using Group_Orders=true, even though this would shorten the communication load between your VPS/PC and the broker server, could reduce your profits also. If you can afford ForexVPS, choose them, since you can choose either the US or the UK server AND they can...

Demo vs Live (2) Today I had a huge gain for my FXCBS demo (15.6%) but only ~1% for my live account. I have discovered that this is because of the huge slip in opening trades for the live account (15 pips). There is no corresponding slip for the demo account. It appears that this problem occurs...

I suggest: Group Orders=true, Max Sim Orders=4 to shorten the communication time between your PC and the broker server (especially if you are trading live). Use everything else default. Your goal is to achieve ECN condition. Your EURUSD spread should be around 1.0.

Demo vs Live I have found that for the same broker (FXCBS), I might have a big gain for the demo but a big loss for the live (today). The main issue is that I have too many unsuccessful attempts for the live account. So I now set the Max Sim Orders=4 and Group Orders=true for the live account...

Update The administration has not been responding to inquiries recently. Probably they are working on another improvement. This was what happened iin the past.

Results MDP once told me that they obtained their huge profits through Think Forex. Are they telling the truth?

I have a standard ECN account. I started with $4985. The commission is $8 per standard lot. My goal is to have as small a spread as possible. Most of the times, FXCBS has EURUSD spread less than 1.0. It is impossible for a broker to survive without charging a commission if they have to offer...

Settings From 8-27 to 9-27 my settings were "basically" default (risk 1.5%, NumsOrder=0, Additional_Channels=1, Sim Orders=8). I did not use v1.2 until 9-15. So it was v1.1.6 before that. From 8-27 to 9-15, I had a lot size of ~1.4 to 1.5 even though my balance was only around $5000-$9000. This...

Performance From 8-27 to 9-27 my live account with FXCBS increased by 91.9% using MDP. Of course, there are some "non-default" settings involved. Somehow, I began with a lot size of 1.5 for a balance of only $4985 (v1.1.6 problem), even though I specified 1.5% for the risk. Right now, the lot...

Live account My live account is with FXCBS only. ForexVPS has tuned my UK VPS a little. Hope it will help. FXCBS has yet to answer my inquiry on the large execution time.

Fxcbs I am using the ForexVPS UK server, connecting to FXCBS MT4. The problem is that the connection to the MT4 is still very slow. The average execution time is still ~1000ms. My gain for today (using default settings) is around 5.5%. The average execution time for my Hot Forex MT4 using...

Optimal settings I had tremendously profitable results with FXCBS until 2 days ago (live trading). But I was using very large lots by mistake (around 1.5 for a deposit of around $5000). Later, I switched to a risk of 2.7% after I doubled my deposit. Then I lost almost 17% 2 days ago. At that...

Broker I still think FXCBS is a good broker, maybe Hot Forex as well. As long as I have a 24 hours loss of ~12% once in a long while, I will still get ahead. I will see what the average execution time is with ForexVPS. Right now, it is almost 900ms with my PC. Also, the leverage must be around...