April have been a horrible month! This week of trading coming up to 1st May did not really helped me at all.

In fact, I did what every human would do when they are down this week. They try to fix things when it may not be broken. I was tweaking my settings on my LIVE ACCOUNT.

Gawd dang! This was another cardinal rule of trading that I broke. Auto trading or manual trading this cardinal rule holds true. Do not mess with the strategy half way through. In auto trading terms do not mess with the settings halfway through when your expert advisor is still on…

Sighh… automatic trading is not as easy as it sounds.

Today is Labour Day. So I took a rest, and close down my PC. Reflect on what happened this month in April.

It was terrible, I like many other was not only licking my wounds on a very bad trading month, but I was also looking for a way to recoup my losses. BAD MISTAKE. Experiences traders would say… ‘Turn off your chart and go chill out and don’t mess around with your strategy yet’

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Phew… really got it out of my chest…

Back to the how I am doing so far as of End March 09

As of End March 08 this is my standing…

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UPDATE : Edited for clarity purpose… Since the post ‘Finally Decompiled’ was forced to be taken down. This would be in references to ‘Finally Decompiled Revision 1′ (Which at the time of this update is till being edited also for clarity purpose

I wasn’t too sure if I wanted to share this finding on my previous post ‘Finally Decompiled ‘ but I guess I should explain this first.

I did mentioned that when I decompiled FAPTurbo 36 and 37. I found that the two ingredient to make FAPTurbo work. One needs both the LICENSE copy and the ID KEY in order for this EA to work.

The author manage to hide this two sub routine or sub programs very well in the dll files so even if I manage to find the flaw within the to run even when the LICENSE expires. One would still need the ID KEY.

So what am I trying to get here?

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Yesterday was really stressful for me. I had this feeling sometime ago last year when I accidentally messed up my FXDD account. Well I posted it under ‘Dumb dumb ‘

Anyway… this time round. I don’t think I should ignore this feeling.

Yesterday was a really bad day for me because I took a heavy loss. My account took a $85 loss and well, my Alpari account took a $60 loss. Total of $140… While it is normal for my Alpari account since I am taking on a bigger lot size vs a bigger equity. My FXDD account is different.

My FXDD account runs on a very small capital and the minimum lot is 0.1. Testing at that lot size for a very small account for is a grave mistake which I overlooked. I am running both my FAPTurbo (cracked) and Piptronic. Together the my loses came to about $85. That is what happens when one overtrade…. sighhh… even if I was trading with a robot. I really really need to money manage… By the way, I don’t turn on Money Management on the settings… I like to be in control.. but in this situation. My stupidity took control once again.

Anyway, I have to stop Piptronic since the stop loss is bigger than FAPTurbo. But I am still running Piptronic on a FXDD demo account just to see how it pans out. Maybe when my equity is much bigger, then maybe I’ll revisit Piptronic for my FXDD account.

On top of that, I am running Piptronic on my live Masterforex account. And results are pretty decent. So we shall see. I notice that piptronic in Masterforex does react the same way as my FXDD. About 80% of the trades are similar in timing. Maybe I should just focus Piptronic on Masterforex….

Geesss…. what a day… so stressful.

Ok… I have been testing out Piptronic for the past few weeks already. Both demo and live. By my own guideline, piptronic has actually passed my first test which is to backtest this EA since 1999.

(Click on graph to view backtest statement)

As you can see, the result is pretty much linear. Interesting no? This sort of graph is the same as the one I saw before which was EA Shark. My only concern was whether the dip around 2008 was the same sort of trend you see with EA Shark, that it does not seem to weather all market conditions. I can not explain this but can only assume that the data used for this backtesting was not exactly consistent.

Anyhow, this sort of a graph would obviously test my curiosity and see how it performs on a demo account. In the span of 2 weeks including the 3 days which my internet connection was broken, I found that piptronic works well with FXDD and Masterforex.

It was pretty impressive so I took the plunge and put it live on my FXDD and Masterforex account. But at the same time I continue to demo test Piptronic on both these brokers. Just to test consistency…

Anyway… below are the my demo account standing as of 18/03/09.

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