Winsor's Five Trading EAs in Real Time
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Členem od Jun 23, 2010 300 zpráv(a,y)
Winsor Hoang (www.ctsforex.com) (winsor)
Jul 28 2010 at 03:08
(editováno Jul 28 2010 at 03:10 )
DoubleTrap,
Thanks for joining our discussion. If you are concerned about viruses, you could scan the exe file first before running it. If you scan through all of the posts, none of the users have complained about virus. Can I get one of the volunteers to vouch/response to Double Trap that there are no viruses in the attachment? My EAs are based on swing methodology with a maximum stop loss of 120 pips and a maximum take profit of 280. The last three winning trades of Haley were 740 pips. My EAs are not based on indicators and I don't like scalping. For those that want to download the 5 Expert Advisors, here is the link again. http://www.myfxbook.com/files/winsor/CTSFOREX_dot_COM.zip Learn how to trade manually first before you start coding! |
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Členem od Apr 20, 2010 727 zpráv(a,y)
DoubleTrap (ForexSeeker)
Jul 28 2010 at 03:25
(editováno Jul 28 2010 at 03:26 )
Look like you are very generous provide Free copy of account to others.
I will vouch for you giving free service to the other trader who like to follow your account trade. Information is Gold when come to organised. http://winterwongforex.com |
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Členem od Jun 23, 2010 300 zpráv(a,y)
Winsor Hoang (www.ctsforex.com) (winsor)
Jul 28 2010 at 03:50
ForexSeeker posted: Look like you are very generous provide Free copy of account to others. I will vouch for you giving free service to the other trader who like to follow your account trade. Thanks DoubleTrap, greatly appreciate! Learn how to trade manually first before you start coding! |
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Členem od Jun 23, 2010 300 zpráv(a,y)
Winsor Hoang (www.ctsforex.com) (winsor)
Jul 28 2010 at 04:17
July 27 Update
Haley’s subsystem 1 is still in a sell trade with a stop loss of 120 pips and a take profit of 280 pips. This trade is at a floating loss of 90 pips. Today at 11:00, subsystem 8 opened up a buy trade at 1.54607 with a stop loss of 80 pips and a take profit of 180 pips. It is very nice that this trade is at a floating profit of 113 pips. Overall, we are still in a profit. This is one of the reasons why automated trading is more superior than manual trading. With automated trading, opposite trades are open at a moment notice as the market trends are unpredictable at times. Most manual traders tend to be bias in the direction of market and are unable to be flexible with their trading. I would like to see Haley break the 2,000 pips profit in the next two weeks. ![]() Learn how to trade manually first before you start coding! |
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Členem od Jun 23, 2010 300 zpráv(a,y)
Winsor Hoang (www.ctsforex.com) (winsor)
Jul 28 2010 at 18:13
Imagine yourself driving down a country road of rolling fields and green pasture. You notice a herd of cows up ahead in a nearby field. You slow down your car and observe as the herd is moving to one direction. Imagine getting out of your car, climbing over the fence, running to catch up to the herd. Curious as why the herd is moving in the same direction, you maneuver yourself toward the center of the herd. What do you think that the cow in the center of the herd will respond if you were to ask it a question? Why are you walking in this particular direction?
MOOOO!!! Cows cannot speak but people do. I am moving in this direction because everybody else is. Too many people are influenced by their surrounding herds. Forex trading is not as easy as people think. Everyone is influenced by greed, fear and lack of discipline. Automated trading will remove their emotions; however, people are still required to find a trading system with an advantageous risk to reward ratio. Wealth accumulation takes time and looking for 100% return a month is just pure gambling. Do you agree with my statements? Learn how to trade manually first before you start coding! |
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Členem od Apr 20, 2010 6 zpráv(a,y)
Peter (pepee81)
Jul 28 2010 at 23:45
I agree, the 'COW' example models crowd behavior really good ... such as FX market is partly controlled by peoples emotions, thats why people say fx market is like 70% psychology ...
Sooner or later, but it will work. |
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Členem od Jun 23, 2010 300 zpráv(a,y)
Winsor Hoang (www.ctsforex.com) (winsor)
Jul 29 2010 at 05:47
July 28 Update
Sorry for the late update as I just got back from the tennis courts a few minutes ago. I hope that everyone is taking advantage of the summer weather. Let’s talk about Leah system today. On July 23, 2010 at 17:00, Leah’s subsystem 8 entered the EURUSD buy trade at 1.28166 with a stop loss of 100 pips and a take profit of 240 pips. This trade is current floating with 194 pips profit. This is one of the reasons why I would pick an expert advisor over an indicator in a heart beat. With an indicator signal, you may say that I could have entered here and then could have exited there. All of your comments are wishful thinking because it is easy to look at a historical chart and say this or that. With an expert advisor, I say that it enters here and here is its target. There is no confusion, no wishful thinking because it is backed with facts. Look at the order number and the trade level on the chart. Presently, Leah also has three open sell trades and one additional buy trade. Leah and Jasmine have been doing well for the last two months; hence, I expect them to slow down in August. It is best to enter a good automated trading system when it is going through a period drawdown and not when it is on a winning streak. It is counterintuitive – think of the herd mentality and do the opposite. Here you are not doing the opposite for the sake of being opposite but with a strategy. See attached chart. ![]() Learn how to trade manually first before you start coding! |
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Členem od Jun 23, 2010 300 zpráv(a,y)
Winsor Hoang (www.ctsforex.com) (winsor)
Jul 31 2010 at 00:24
Hi Guys,
Here are the results for July 2010 of my five trading systems. Haley: +557 pips with 61 closed trades. Jasmine: +974 pips with 91 closed trades. Leah: +884 pips with 80 closed trades. Mellisa: -1,073 pips with 88 closed trades. Sienna: -463 pips with 121 closed trades. Overall, we are up +879 pips for the month of July. ![]() Learn how to trade manually first before you start coding! |
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Členem od Apr 20, 2010 727 zpráv(a,y)
DoubleTrap (ForexSeeker)
Jul 31 2010 at 00:49
(editováno Jul 31 2010 at 00:50 )
Do all your EA is trading using Fix Lot of 0.10Lot = $0.10 ?
Is the total earn this month is $879 ? And minimum initial deposit require for each EA is 1k ? So calculation of ROI = 879/5000 = 17.58% ? Does my calculation correct ? Err.. your EA also got trade other pairs, so the ROI can said as estimation only. Maybe you can calculate exactly how much each EA earn in $. Information is Gold when come to organised. http://winterwongforex.com |
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Členem od Jun 23, 2010 300 zpráv(a,y)
Winsor Hoang (www.ctsforex.com) (winsor)
Jul 31 2010 at 04:35
ForexSeeker, the calculation is done in terms of pips. The EAs are trading one pip = $1, and we are not compounding.
It is best to use ROI based on yearly results and not monthly results. ROI based on monthly results are created by marketers and scammers. We are targeting 40% ROI for each EA per annum. Last year, the average ROI for each of our EAs was 28%. In reality, traders can increase their risk to obtain higher ROI, i.e. 120% per annum. This means that they will have to trade one pip = $3. Let's say that you only have $5,000, and you want to trade each EA with $1K. In this case, one pip will be $0.10. Some people are not happy with $2,000 (40% ROI) after one year; hence, they may want to increase the lot size, i.e. 1 pip will be $.30. (using 0.3 lot). This will mean that they may be able to obtain $6,000 after one year; however, their risk of drawdown will be higher. Risk and reward go hand-in-hand and there is no way to get around it. Unless you are the owner of a casino where the house always has an advantage over its players. Learn how to trade manually first before you start coding! |
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