euphoria (by euphoria) Quick Stats
Gain: +44.75%
Drawdown: 19.59%
Pips: 1386.2
Trades: 201
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Manual

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euphoria Discussion
euphoria

Member Since Apr 20, 2010  14 posts euphoria Jun 12 2011 at 07:27
Me Trading and learning the markets after 12 months of EA coding and testing and ultimately failure. I am back to basics and learning what I should have first. How to do it manually.

forexma

Member Since Feb 16, 2010  1332 posts SOLAR (forexma) Jun 12 2011 at 07:37

euphoria posted:
    Me Trading and learning the markets after 12 months of EA coding and testing and ultimately failure. I am back to basics and learning what I should have first. How to do it manually.


Yeah, you cannot create a successful EA w/o a successful manual trading system behind it. It's like going directly from A to Z.
Wish you luck!


"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
euphoria

Member Since Apr 20, 2010  14 posts euphoria Jun 28 2011 at 04:27
Month 1 of profitable trading. - ' Finally I followed my trading plan.'

Month 2 of profitable trading - ' System seems stable. I think I got it.'

Month 3 of profitable trading - ' OK, this is getting easier. I'm on a roll.'

Month 4 of profitable trading - ' Trading plan is set in stone, but maybe I can decrease risk and improve the profitability of this system.'

Month 5 of profitable trading - ' Almost half of a year of making consistent returns, I may have found a stable system for years to come.'

Month 6 of profitable trading - ' WOW, 6 months of success. This feels great. I can actually be considered a profitable trader. My confidence is at its highest it has ever been and I feel unstoppable. However, this is just the beginning. Now I have to continue to battle the market and be adaptive to the ever changing market. I may continue to have some small ups and downs, but I know the hardest steps are out of the way. '

Is that month 3 down?

zzzero

Member Since Jan 26, 2011  1367 posts zzzero Jul 04 2011 at 14:14
mr euphoria,

why hide your balance? this is received by many as a deceptive practice.

if it is only a couple of hundred bucks, just say so.

z/.

n/a
zzzero

Member Since Jan 26, 2011  1367 posts zzzero Jul 04 2011 at 14:18
forexma posted:
euphoria posted:
    Me Trading and learning the markets after 12 months of EA coding and testing and ultimately failure. I am back to basics and learning what I should have first. How to do it manually.


Yeah, you cannot create a successful EA w/o a successful manual trading system behind it. It's like going directly from A to Z.
Wish you luck!


not exactly true.

some automated code, such as mine, make thousands of calculations, which means that it is impossible to trade it by hand.

z/..

n/a
euphoria

Member Since Apr 20, 2010  14 posts euphoria Jul 05 2011 at 00:48

zzzero posted:
    mr euphoria,

why hide your balance? this is received by many as a deceptive practice.

if it is only a couple of hundred bucks, just say so.

z/.



If it makes you feel better than it is only a couple of hundred dollars. I am not here to sell a thing and it is a tool to use to analyse my own trading, not to generate dodged up results so i can onsell a system. So if it helps with your own inadequacies, then yes it is only a couple of hundred dollars

euphoria

Member Since Apr 20, 2010  14 posts euphoria Sep 04 2011 at 02:06
Its been a hard slog, but I have finally recovered from July's bad trading and have cracked the 40% gain mark. The reason the system does not show the 40% is I deposited some extra funds in the account that I got through an IB cash back program - I still class this is as profit. what are your thoughts? Should trailing commissions based on a cash back program be counted as profits towards your trading?

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