Marty (by mdgoldsborough) Quick Stats
Gain: +1949.23%
Drawdown: 29.92%
Pips: 6914.5
Trades: 415
Won:
Lost:
Type: Real
Leverage: 1:50
Trading: Manual

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Marty Discussion
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redbull

Member Since Jun 01, 2010  1 posts redbull Oct 27 2010 at 21:34
Hi. Your system looks great with constant income. If you are interested to automate it, please follow to www.fx-coder.com
There is a guy who is making EAs from profitable systems.

mdgoldsborough

Member Since Sep 10, 2010  10 posts mdgoldsborough (mdgoldsborough) Oct 29 2010 at 16:05
Thanks but I already have a Neural Net EA in the works...

Only Kill a trade when the initial idea is no longer valid...
elmanahry

Member Since Oct 06, 2010  1 posts michael (elmanahry) Nov 02 2010 at 12:58
hi,
what ea you are using ?

stevetrade

Member Since Oct 28, 2009  1060 posts Steve Boardman (stevetrade) Nov 02 2010 at 12:59
The answer is in the General tab, under trading. It's a manual system.

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
mdgoldsborough

Member Since Sep 10, 2010  10 posts mdgoldsborough (mdgoldsborough) Nov 02 2010 at 13:42
Yes, thanks Steve, it is a Manual System. I am working on an EA but that is at least a year from being usable. Thanks!

Only Kill a trade when the initial idea is no longer valid...
pdub1

Member Since Nov 02, 2010  2 posts -----8855----- (pdub1) Nov 03 2010 at 05:06
Hi Micheal,

Very nice results...well done...are you running a managed account with this?

Reason I ask I am trying to hear from real traders with managed accounts how well the logistics work...slippage...re-quotes etc

Thanks
pdub

Risk management and consistency
duzyfx

Member Since Mar 07, 2010  222 posts duzyfx Nov 04 2010 at 02:02
do you really practice martingale on 50:1 leverage ??? Are you going up to 3-4 iterations only and then taking a loss ?

pipinvestment1

Member Since Aug 14, 2010  219 posts Will Schaarrand (pipinvestment1) Nov 04 2010 at 03:43

mdgoldsborough posted:
    Thanks but I already have a Neural Net EA in the works...


Really? I've only heard that Neural Nets are pipe dreams for most and i'ts more of a concept ' How far down the rabbit hole do you want to go?'

I have a friend who is on the same mission because some successful trader pops his head into the IRCforex once in a while and
 says ' Hey, I stopped using charts a long time ago and now my calculations tell me to buy and sell.'

He is using Matlab-mysql-and DDE for data collection. What is your path?

1 pip at a time
mdgoldsborough

Member Since Sep 10, 2010  10 posts mdgoldsborough (mdgoldsborough) Nov 04 2010 at 11:54
duzyfx - Yes, it is, at it's core a Martingale, but I have VERY strict money management rules and start smaller than my trading account would suggest. Also, it forces me to be more stringent on they entry, the exit I am not to concerned about, but the entry is how I make my money. Yes, I have a maximum of 4 doublings and then I have a ceiling (or floor) that gets me out at my risk max. I also should point out that I don't use a platform based Stop Loss, it is all mental and manually executed. Thanks for the interest.

Only Kill a trade when the initial idea is no longer valid...
mdgoldsborough

Member Since Sep 10, 2010  10 posts mdgoldsborough (mdgoldsborough) Nov 04 2010 at 11:58
Elite Trading Team - Neural Nets are not a pipe dream, you just have to know it's limits. We are using c+ for the coding and then writing the data to a DLL and then we have a simple EA in Metatrader execute the trades based on the action given by the program. Please forgive me if that doesn't make any sense, I am a trader and not a programmer...this is why I have hired one :)

Only Kill a trade when the initial idea is no longer valid...
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