Tuesday, July 28, 2020

Waiting for Execution

LiteforexReal has been holding on with very big RPL for sometime now since market open this week. Does not seem to be coming down as long the EURUSD is on the rise and USDJPY on the fall.
So what will happen to this Cap, only time will tell. Of course I will have to invoke "saving" the account when it dropped to 60 Margin%. Could top up with money and save the account like acct 138 (even after some closing of trades by its Cap) but would that be worth it. The question is what will it takes for Cap to survive ? 
Like we mentioned time and time again, there are contingency plans to be undertaken if situation goes this way. But should we look the other way round or still follow the path that CapEA can produce wonders unlike other EAs/robots we have came across. But leave other options on the table, the quest for the right robot is still on. Not giving up on Caps even if it loose everything in this one, just that it needs to change its mindset and practice new norms instead.