Thread: Dawg Days Of August

Originally Posted by ;

This tight ranging market on the EURUSD is no good for your own bot:-/. Hopefully as soon as the market does choose to move and the bot is smart enough to grab it. It will make a fortune . Keeping my fingers crossed.

Must have put it on the GBP/JPY. That one's been all over the place this week. It is volatile to begin with, I know, but this week has been something else.

Originally Posted by ;

Must Have put it on the GBP/JPY. That one's been all over the area this week. It is volatile to begin with, I understand, but this week has been something else.

GBPJPY is a scary pair to exchange. Plus, as I mentioned earlier, I only trade one pair. Along with the EA I'm running functions with EURUSD. It might do with USDCHF, never attempted it.

My closed profit is $1,955 and my open positive float is $1,090. That is on a 10K account.
If I shut my open trades my account will be up by 31%. There's still a week left to the month. And that I could lose everything. Will write an update at the end of the month.

Saaedb.

19.72% increase on one account and 7.84percent on the other in the close of the month.

Where are the other results?

BTW, I am not mad, there was 2 ribbon, right? About the challenge. They were merged? One was deleted?

I really don't understand.
I'm still running my EA.

One account is up by 40 percent and the other is -1 percent.

Lets see how they wind up at the end of this month.

Going to step in at the beginning of next week for the competition. I got back from vaion a few days back which was great.

I'm going to make a solid two rounds of it. One for the normal longer term price action trades, and one for large dog 7-9am available trades.

The amount of money you start with DOESN'T MATTER! Are you any less of a trader if you trade an account having a balance of 250 dollars than the only trading an account worth 250,000 dollars? Nope!

If you both risk 1% of your account to get a trade then you're equivalent traders. Quit.

However, I only have $250 to start. Not a issue, deposit to an account with a broker which lets you trade micro miniature. Small steps lead to big steps.

Yet another thing about the volume you start with, if losing most of it will hurt you financially then you're beginning with too much.

Forex trading egies: I have been asked several times to place my trading platform onforexsoutheast.asiaso everyone can benefit. Allow me to just say that I will never do this. Take some time to go through the trading egies forum and you will see this happen over and over and over again:

1. A person with the greatest of goals will place their trading platform. Many will have spent a lot of energy and time refining and developing this system.

2. A person will then come along and note that this system is going to have a couple of false signals and in an effort to filter out the trades that they will suggest to include indior x.

3. A little while later someone will come along and see that although this filter has assisted, he has another indior which will help filter out more awful trades.

4. And then the inevitable occurs. Some schmuck will come along and ask if anybody has developed an EA with this particular system. 'sigh' The saddest one I watched was to get a daily program. YOU ONLY HAVE to Check out THE CHARTS 1 TIME Every Day! Are people really that LAZY that they need an EA to trade for those on a daily program??

Eventually once you make it into the last page of the system you will observe that there are numerous distinct incarnations of the initial system. The very simple and efficient trading egy which was initially posted has been bastardized into something which looks like a shuttle launch chart that experts at NASA cannot understand.

Now you know why I won't ever place my indiors or my system. I've got over 700 hours developing and refining my system. It would drive me nuts to place it here and then see the mutation start.

So, how do I trade? If I am in front of the pc I will scalp to fill at the time I am waiting to get a swing trade to grow. I only have 2 indiors on my chart. Between the two I only get about 1-3 signals a week on every currency pair while swing trading and 1-5 signals per day while scalping. That is about all I will say about my system and thus don't bother asking.