Volatility Factor

Friday, November 18, 2011

FX Retribution taking a big Hit

On Tuesday 3 trades from FX Retribution lower my demo account from $2.5 mil to $1.5 mil. A serious hit in the Monopoly Money wallet. I finished the week with $1.6 mil with the help of 5 FX Retribution wins plus numerous Million Dollar Pips profits.Like Megadroid, FX Retribution has a recovery mode.This means that when it loses, the losing pairs try to regain them fast.Sometimes this is done by doubling the lots on the given pair until the lost amount is recovered and a little more.So it could double the lots or give multiple orders for the last given lots.

The recovery amounts is kept internally.Let's see how quickly it can make it all the way back.

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