paulng's profile
paulng

Name:
Paul Ng
Bio:
Developer of automated trading systems. Day trader for index futures and forex futures. Aspire to set up my own Fund somewhere down the road. Recently developed a new system with multiple strategies, entries and sizing capabilities. Starting live testing phase soon. Details are documented on my blog at http://paul-autotrade.blogspot.com/
Trading Style:
Old robot, 12 strategies, only 1 open position at any time. Occasional manual trades when robot misses an entry.

Motto:
""The first rule of forecasting should be that the unforeseen keeps making the future unforeseeable." - David McCasland (January 5,2012, Our Daily Bread)"
Experience: More than 5 years
Location:
Vouchers: 0
Registered: Aug 13 2010 at 15:50
Chart
Systems
Name Gain Drawdown Pips Trading Leverage Type
Balanced Bot 1.0 58.42% 53.98% 343.1 Automated 1:50 Real
paulng's Feed
fxarturo
fxarturo
HELLO I WANT YOUR COMMENT ON TRADE PLIS
http://www.myfxbook.com/members/fxarturo
Apr 16 2012 at 19:22
paulng
paulng Hi, went through your system. You didn't show the trades, but from the trade history, there are too many trades that do not have Stop-loss. It does not take 8 days to profit 15 pips, so that means you've been holding onto a BIG loser until it turns into a small profit. That is very bad risk management, where 1 or 2 trades can blow up your whole account. In this view, you are no different from the other guy asking for investors, where I gave negative comments on this track record. If you're asking for my advise, be honest with your performance, show the good and the bad, admit that some trades can go wrong and set a proper risk management for all your trades.
Apr 17 2012 at 06:51
Westpac consumer survey (1 day)
Sony Pictures CEO says Obama mistaken ab...(11 min ago)
EURUSD 1.22264 GBPUSD 1.5627
USDJPY 119.444 USDCAD 1.16006
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