SharePosts by Krysztau
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Community outlook makes me laugh!
on every single pair both average long and short are deeeeeep on red! But 53% of accounts are profitable! [confused]
I red many times that two taders can enter same position, but one will profit on it and other one will loose. Here i see that one trader can buy and second sell given pair and both can be deep in loss HAHAHA!!! [twist]
When I earn some chash on FX i'll become a broker... [twist]
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If this is possible at all...
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Create software that draws history trades from csv on my MT4 chart In Suggestion Box Sep 18 2010 at 16:18
So I can download somebody's history and see al trades on my chart. Such a soft should have adjustable timezone to work correctly. It can use builted in trendlines from MT4 [with unticked "ray" box]. It can draw red lines for short and green for long trades.
Currently I do it by importing numbers to excell spreadsheet and than I use self-coded macro, that copy open/close time/value and automatically fill it in apropriate fields in MT4. Its a really time consuming thing.
I don't know any better way to do it...
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I think this is a great suggestion, but demanding huge calculation space...
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Stephanus are you sure your proposals fit this topic?
I am sure your ideas are great for some data analisys, but I personally don't ind them fitting into two dimension chart, where one dimension is a time and other is a profit.
It's obvious that not a single trader will obtain correlation close to 1.
In my opinion the main use of such statistic is separation scalpers from swings, long terms and "scamer-scalpers".
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actual figure!
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Actually the problem with your approach Steve is that when I will start trading live my demo will already exceed initial amount... ;)
Anyway recently based on my psychology studies I realised for myself I should trade small enough sizes to make all thing boring...
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Is there anyone willing to share their Money Management strategy? In Experienced Traders Sep 15 2010 at 08:24
[quote]ForexRefuge posted:
In my Trading experience,if there is one thing i see as very unrealistic,it is the issue of risk/reward. Expecially for short term traders.
Price movement is way too random for 20pips/50pips stop loss as you may see your stops getting touched often.
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/i must disagree but only partially. My general strategy is to trade around key levels but with market orders, so when prices touches key S/R or weekly pivot I'm waiting for some 1M formation to let me in [formation created by 25-60 1M bars, so I'm far from scalping]. Than my stops are around 30 - 50 pips......
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Let's face it.
There is plenty demo accounts around that rocks after a month and then turn out to be over-leveraged scams.
1 month competition is too short to prove system right, but in other hand longer competition would be just boring...
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[quote]stephanusR posted:
We must create some sort of python script that downloads the .csv file from myfxbook.com and automatically generates graphs and all sorts of data. Opensource it on google code , we will rapidly be able to zero down on the three two or even one account that is generating profits with acceptable risk .
[/quote]
I think this powerful tool is called excel spreadsheet ;)
Combined with copy and paste buttons can make miracles.
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