Thursday, December 16, 2010

Alpari FX Contest – I’m out.

The Contest had ended. I am out of the league table; that means the overall equity had fallen below $100K. One mistake I have learnt. Running 2 EAs in the same account. I usually don’t run more than 1 EA in an account, be it live or demo. In this case, I was trying to increase trading opportunities as this contest is over a short period. The first EA is rather idle and I thought the second EA will the gaps.

I forgot to include magic numbers in the closing routine and the two EAs messed each other up; and one EA traded higher lots when there are previous losses and so cumulate up more losses.