November just ended. It is time again to report Limitless EA performance for November. I stopped Limitless to trade on the first week of November using the stop trading feature due to US election. Hence, this was only 3 week plus of trading for Limitless. The result is 30.81% growth for this month.
It is also a slower month for Limitless EA. Partly is also because we stop for few days due to Jackson Holes Meeting. Limitless EA only gains 20.71% with an average holding time of 1.76 days. The average holding time for this month is longer than usual, which also contributed to the lower gain.
For October 2021, Limitless EA obtains 24.09% of return with an average holding time of 5.44 hours.
Some clients asked us since this EA has MC before, why do we still want to continue to run it? Our view is, as long as in the long term it is profitable, then this EA is worth running.
Let's get some statistics here on the second picture. This is the profit chart for Limitless EA since we started to run on 28 Jul 2020.
We started with USD2K and the profit (exclude capital) grow to USD 6.4K+. Then it hit Margin call at 23 Mar 2021 after we top up USD4K profit into it. Our profit back to around USD 2K plus at that point of time. Now on 5 Nov 2021, we are almost back to USD 6k profit again.
From Aug 2020 till Oct 2021, it is almost 14 months. For 14 months, Limitless EA generates around USD6K profit with USD2K Capital, which is around 300% of the profit. That is around 21.42% monthly profit.
Of course, it could be better if we didn't hit the Margin call in March 2021. However, it is not a realistic expectation to look for a high-risk martingale EA that never hit margin call. It is like you are searching for a unicorn in a fairy tale. All martingale EA always has a risk to hit Margin call.
The key is whether you have a high probability to gain profit over the long run.
For December 2021, Limitless EA only obtained 23.9% of return as we also stopped Limitless EA from trading during year-end due to low volume. The average holding time for December is 4.71hrs only.
For 2021, Limitless EA started with a $4628 profit from the previous year. It hit a margin call in March and then at the end of the year, the total profit from inception back to $7272. The total profit for 2021 is $2644. With $2000 as a base, the total return for 2021 is 132.2%, which is around 11% of the average monthly return. Of course, it would be better if we didn't hit the Margin call, but this is the cost of trading as it is a high-risk high-return trading system. The most important point is in the longer-term, it is highly probable to be a profitable trading system.
If you are interested to run this trading system yourself and getting a similar return, you can refer here for more information. -> https://www.mql5.com/en/market/product/54080
We didn't forget the Limitless EA performance for the last two months. It's just that too many projects are going on that caused the delay. Limitless EA hits margin call again in January 2022. This is the second time this account hit margin call since we started to run it in July 2020. All martingale strategy always has a risk of a margin call.
After it hit margin call, we top up the capital again to let it run. For Feb 2022, it obtained 31.15% of return with an average holding time of 5.07 hours. All trades can be verified here -> https://www.mql5.com/en/signals/806732
Yeah, hitting margin call sounds scary. However, let's look at the result in overall since July 2020. With a capital of USD2,000, it still has a profit of USD 6,470 since inception. That is still a more than 300% return. in less than 2 years. As we explained before, for Limitless EA, hitting margin call is like the cost of doing business. We can't avoid it in some cases but as long as you follow our capital management advice and be disciplined. You should be profitable in the long term.
Limitless EA also had a great month for March 2022. It managed to obtain 47.07% of return with an average holding time of 1.52hrs. All trades can be referred here -> https://www.mql5.com/en/signals/806732
If you are new to forex and automated trading, you can join our Apprentice program, where you will be given a step-by-step guide to set up and run your own automated trading bot for free. https://limitless-trading.com/apprentice-program.html
For Apr 2022, Limitless EA only obtained a 27.69% return with an average holding time of 4.47hrs. Please ignore the AUDCAD trades as it was open by mistake using other EA. We didn't trade AUDCAD with Limitless EA. As usual, all trades can be verified here -> https://www.mql5.com/en/signals/806732
If you are interested to run Limitless EA on your trading account, you can have a 2 week free trial with Limitless EA. Refer here for more information -> https://limitless-trading.com/free-trial-program.html
Since we didn't manage to report Limitless EA performance for last month, we will directly report May and Jun 2022 performance here directly. It was a very brutal month for Limitless EA. EURUSD was having a big swing up and down for the last two months, which has caused Limitless EA to hit margin calls continuously for two months.
We have just topped up Limitless EA again and let it continue running. Let's see how it will go. There will be always a tough moment like this in trading. However, as long as you know what you are doing and you have a plan on how to handle it. In long term, you will still be able to reach the stage that you want. Hence, it is important to diversify a few strategies. It is important to take care of your trading psychology. You can refer more here -> https://limitless-trading.com/trading-knowledge/key-success-factors-for-martingale-strategy
If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> forex trading beginner
For May 2023, Limitless obtained 17.72% of the monthly profit with an average holding time of 5.29 hours❗️ We also stopped it multiple times due to the debt ceiling issue in Unit States. All trades areverified ->
After Australia and Canada raised their interest unexpectedly in the last two weeks, will US Federal Reserve follow the same? and what will European Central Bank (ECB) do on their interest decision? Refer ourMarket Update.
If you wish to receive all our market update and product update,join our mailing list.
If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> forex trading beginner
November just ended. It is time again to report Limitless EA performance for November. I stopped Limitless to trade on the first week of November using the stop trading feature due to US election. Hence, this was only 3 week plus of trading for Limitless. The result is 30.81% growth for this month.
For October 2021, Limitless EA obtains 24.09% of return with an average holding time of 5.44 hours.
Some clients asked us since this EA has MC before, why do we still want to continue to run it? Our view is, as long as in the long term it is profitable, then this EA is worth running.
The key is whether you have a high probability to gain profit over the long run.
What a great month for Limitless EA! For November 2021, Limitless EA obtained a 37.8% return with an average holding time of 4 hours.
If you are interested to have a trial on Limitless EA, please pm us and we can provide you a 1-week free trial.
For December 2021, Limitless EA only obtained 23.9% of return as we also stopped Limitless EA from trading during year-end due to low volume. The average holding time for December is 4.71hrs only.
You can refer the trades here -> https://www.mql5.com/en/signals/806732
Happy trading !
Happy Trading!
For Apr 2022, Limitless EA only obtained a 27.69% return with an average holding time of 4.47hrs. Please ignore the AUDCAD trades as it was open by mistake using other EA. We didn't trade AUDCAD with Limitless EA. As usual, all trades can be verified here -> https://www.mql5.com/en/signals/806732
As usual, all trades can be verified here. ->https://www.mql5.com/en/signals/806732
For May 2023, Limitless obtained 17.72% of the monthly profit with an average holding time of 5.29 hours❗️ We also stopped it multiple times due to the debt ceiling issue in Unit States. All trades are verified ->
https://www.mql5.com/en/signals/806732
☘️If you are interested to learn more about this EA, go to ->https://limitless-trading.com/limitless-ea-our-most-profitable-expert-advisor
☘️If you are exploring to get #NewPassiveIncome, 🔥🔥check out our Apprentice program.
you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> forex trading beginner
#LimitlessEA #ExpertAdvisors #NewPassiveIncome #EURUSD
After Australia and Canada raised their interest unexpectedly in the last two weeks, will US Federal Reserve follow the same? and what will European Central Bank (ECB) do on their interest decision? Refer our Market Update.
If you wish to receive all our market update and product update, join our mailing list.
If you are new to Forex trading, you can join our Apprentice Program and get the step-by-step guide to get this new passive income. -> forex trading beginner