Don’t know if I will jinks this account… but these sort of milestone which I thought would be nice to share.
Early this year, I tested out Hyper EA (http://bestforexea.com/2012/01/hyper-hyper-hyper/). Now this EA is pretty slow and it only takes like 3 trades a month or so. Furthermore, this EA was provided free to me and it was only confine to only one currency pair which was EURCAD. (Note: The price has changed from CHF199 to USD99)
Anyway, below is the snap shot of my account:
Apart from the initial hiccup, which was due to the time correction change, Hyper EA seems to be doing relatively well. Since that day of that writing/post. this EA developer has really grew a wide range of services apart from selling his EA. Now there is Hyper EA Pro (USD149) which trades up to 7 currency pair. Plus he has all these services like managed account, trading signal all that… Pretty enterprising…
Anyway, because it was like moving like a snail, I thought it would a good idea to test out some other scalping EA. However, going by the principle then that I was going to think big and trading small, I tested Primeval and EAKain on only EURUSD sometime around March 2012.
As you can see, that created a ding dong on my account. But the clear winner from that race was EAKain. Before I continue further, EAKain was base on MegaDroid EA which apparently is still in the market was build base on EURUSD. (By the way this EA is now selling for USD67). So there is no wonder that EAKain was doing better than the other two EA.
With that in mind, I started to put EAKain full time. On top of that, I continue to start small and put it on EURGBP and USDJPY. However, recently I did some research and found out that not only EAKain work better on USDCAD, USDCHF and USDJPY.
At this point in time, I am still contemplating on whether I should add this two currency pair of USDCAD, USDCHF.
This goes against the principle that I have set for myself. To trade small and to only focus on a maximum of 4 currency pair. History seems to repeat itself for my account that when I start to be a bit more ambitious with account… it starts to take a dip.
Hmm… maybe I should half my trade size to accommodate these two new currency pair… Same risk, but profit might be reduced. Maybe one step at a time or rather one currency pair at a time. I should maybe put USDCAD for about a month or so and see how well it works.
I might regret doing this, but probably I might regret it more NOT doing this…
Anyway… if you are interested to continue to track this account… just click on the graph.
2% monthly is not bad I guess… Think Big… Trade Small… 😀