Thread: Accurate above 80%?

If your going to trade You Have to take the time to Understand and Then apply some effort ive never had any luck with eas so I dont bother with them

Originally Posted by ;

Hello guys, I am mostly busy into my work and often get lower time to exchange, but I have prepared to commit cash and I am also a capable trader, but unfortunately due to lack of time, I am unable to analysis things correctly, so is there any system or EA which you have used or employing that have accuracy above 80%? Please suggest just one which you have personal experience with rather of any random ones.... Thanks.

If you find an EA using 80% win ratio I am prepared to pay anything to buy it. I'll even exchange my house because of it.

The question is If I or someone have this EA why sell it?

Judging the winning probablity differs over 3 trades, or 300 trade, 3 days or 3 years. The more the testing period that the better it reveals (a fantastic system)

It is would gives a better image once it compares with growth and DRAW DOWN at a minimum period of time of 6 weeks or so.

I was away last week, it is fascinating to see so many individuals came forward with numerous suggestion/views, I am grateful to each of you guys for your views/suggestion and concerns, I'll check it all through.... Thanks alot everyone.

Originally Posted by ;

Hi guys, I am mainly busy into my work and often get lower time to exchange, but have willing to commit money and I am also a capable trader, but unfortunately due to lack of time, I am unable to analysis things properly, so is there any system or EA that you've used or using that have accuracy over 80%? Please suggest only one that you have personal experience with instead of any random ones.... Thanks.

This isnt such a bad thing.
Most lose money .
Dont worry about EA's many are hoaxes and the powerful ones require constant adjusting.
You should concentrate on fundamentals instead of technicals for this kind of trade.
Focus on longer term with a more compact place that enables large swings .

I am not sure about trading EA, but you can use copy or PAMM trading service! However, to be honest automatic trading services aren't any reliable method of money making! All of pro traders handle their live trading account manually! Here, over 90% traders are losers, so attempt to understand how much different it's to manage an expert trader!

Originally Posted by ;

Hello guys, I am mainly busy into my job and frequently get lower time to trade, but have prepared to commit money and I am also a competent trader, but sadly because of lack of time, I am unable to analysis things properly, so is there any system or EA which you have used or using that have accuracy over 80%? Please suggest just one which you have personal experience with instead of any arbitrary ones.... Thanks.

Well look like I am really late here. Anyway, this is for those that are interested in precisely the same query as threadstarter.

First of all I'm a professional trader, however after going through 9 decades of pain I do consider myself experienced enough to offer you my view. The simple fact is that you do not need to be appropriate on 80% of your transactions to generate income. High win rate has got nothing to do with profitability. In fact, pursuing high win rates will cause you to drop money.

I have seen some trade explorers here with win rate over 90% but counter-intuitively they are all losing money, I mean really big money.

The reason that happens is because they have the tendency to continue to their losing transactions, no doubt expecting that the losses will gradually reverse back to profit, instead they got too large and fatal. Meanwhile I have also observed if their positions are in profit, they'll quickly close them out such that ultimately, their trading outcomes are composed of many many tiny profits with few but devastating large losses. Their losses are those that a losing trade can wiped out 20 to 30 of the previous winning transactions, making sure their account's passing. Sure they actually did obtained their high win rate but that comes at the price of the accounts.

Professional traders can make money with just 30% win rate or less because they understand the importance of managing their losing and profitable trades. Require Peter Brandt for example, he has been trading since 1970s, moving out of the open outcry Pit to pc. His egy has just about 20% to 30% win rate his yearly audited turnover is approximately 40%. What's more notable is that unlike newbies who usually risk around 2 percent or more per trade, he's risking just around 0.25percent to 0.10% per trade.

The thing I learned from the experts is that to become profitable in trading, you have to make sure that over a high number of transactions, the profits coming from winning transactions will offset the losses from losing transactions. To do that, just like any businesses you must learn how to cut your losses short and let your profits run. Regrettably as explained above, this can be the exact opposite of what most traders aiming for high win rates do.

Originally Posted by ;

This thread was moved to Rookie Chat since there's no such system.

Well Stated! Really, there's no such a system that can brings you regular profit automatically! Only traders can earn money by trading.

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