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Discuss LionFXTrader.com

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well its still made good profits for me...it IS a risky system tho,it can certainly kill accounts if move against the grain continues.so small accounts and frequent withdrawals would be the way to go in order to make this risk free
 
well its still made good profits for me...it IS a risky system tho,it can certainly kill accounts if move against the grain continues.so small accounts and frequent withdrawals would be the way to go in order to make this risk free
yes, the risk is a part of the game, we have to accept it. Anyway sometimes I saw the EA place buy and sell order at the same time, what was it use for ?
 
i have mine set to 0.1 i.e. lowest risk setting that he recomments.broker is forex4you cent account so i think its 500:1.
when it places buy and sell at same time its because there is ranging market going on and it makes money on both movements that usually occur.trending market it will open 1 trade only...
 
i have mine set to 0.1 i.e. lowest risk setting that he recomments.broker is forex4you cent account so i think its 500:1.
when it places buy and sell at same time its because there is ranging market going on and it makes money on both movements that usually occur.trending market it will open 1 trade only...
thanks for explained me!
 
Due to some large positions I entered, I have stopped running it momentarily. I will resume using it once I hit a couple of targets and close out some positions. I just wanted to say that I would also really like to know optimal GMT settings, but I have had it set to my brokers (non)offset of +0 and have observed most of the trades it initiated on my demo account and then (only the two) on my live account before I disabled it. The risk in all of those positions seemed reasonable. I haven't bothered to see if it is performing exactly like the authors account, but so far I'm impressed.
 
Guys,I use hotforex for my broker.I run lion ea +3. Today vendor didn't get any trading.my account got buy trading and now got a hit.what should I do?
 
Here you can see open trades since yesterday. LION FX is a grid trading system and will destroy the account one day. The recommended lotsize of 0.01 per 100$ does not reflect the trading method. The account shown here would normally run with 0.5 lots. But 0.01 per 500$ would be more secure.
 

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