Acting in my own best interests! The diverse life of Dave

25Feb/100

Mafix Test + M5G Cyborg update

Since the 6th of Dec when I commenced the Mafix test, the account has traded inline with expectations. It did blow up a few accounts due to leverage, however I backed it off a little and sure enough it has performed reliably. I restarted the test with $1500 in the account, but used the original lot size intended for a $500 account. They have closed the sales now on this product which is a shame, it's simplicity is a good thing and replaced it with something that trades on all 22 pairs.

The demo account has nearly doubled in ~2 months, and I am going to have to move servers soon so I may not get quite to a double, but I think I will go live with it.

I gave the M5G more time, and I am glad I did. It's good form last year has not continued as yet. Given it's leverage, the 8% risk version is close to wiping out. The lower risk versions are trading sideways which at least keeps you in the game until markets return to more favourable conditions for the EA. I am holding on this test and will remain in demo.

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