Posts by Siitari
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My Forex experience In General Sep 17 2010 at 13:07
[quote]stevetrade posted: To be honest I would not use any broker that is not an ECN or an STP, especially not for a martingale. Get a requote or some other kind of order rejection at the wrong time and you are in the deep stuff. One of the reasons Martingales are such a dicey proposition on live accounts. [/quote] I dislike dealing desks too. And martingales are tricky ones.
My Forex experience In General Sep 17 2010 at 11:46
Yeah, I know about the 2 slot limit and how it can seriously cripple especially a system based on martingale. Thought demoing there is no problem since there are no slot restrictions on demo accounts. But that´s the reason I´m still open to ideas and looking for other brokers. I thought about FxOpen micro account too(a true micro account, penny for pip that is). Will be open to suggestions...
My Forex experience In General Sep 17 2010 at 10:40
I am rather new to forex and trading in general but it seems that backtests(at least 90% accuracy) are only good for finding out if EA is any good in the first place and see what kind of effects different changes in settings do. If they seem to work as intended then they are worthy of forward tests :) Forward tests are used to confirm backtest results. If EA survives or manages to achieve something other than utter failure on demo account it should be TESTED on real account. Preferably with very small capital on micro account. This is the real test of any EA. So in general I think one shoul......
My Forex experience In General Sep 17 2010 at 07:50
[quote]Elkart posted: so welcome to a life of masochism...!! [/quote] Thanks for the welcome [smiley]
My Forex experience In General Sep 17 2010 at 07:27
I am aware of these statistics. That is the reason why I am testing and researching. I believe that far too many of those who have lost money in forex have just plunged into it without proper research or guidance -> this I call stupidity. Some have done their homework and still lost money -> this I call streak of bad luck. Some have had success, even with smaller capital -> these people I haven't met [lol]
My Forex experience In General Sep 17 2010 at 06:32
Heh, I suppose everything worthwhile in life is hard :)
Blessings V3_7-6 #2 In Trading Systems Sep 17 2010 at 06:17
I'm still searching for a good grid or more accurately just about to start intensive testing so can't give you anything on that yet. I'll first backtest to filter out really bad ones and to see promising settings and I'll then do forward tests to see how those will actually work. Then I will have to combine them all into one system and forward test that. I will update how it goes :)
My Forex experience In General Sep 17 2010 at 06:02
Long story short: for a few months now I've been looking into forex. It started probably in the same way as with most people -> how to get a little more money. I stumbled across articles about forex and so on. I started to learn about forex, brokers, indicators systems and all that. I learnt about MT4, EAs, 'holy grails' and vendors. I found and devoured review sites(about brokers and EAs). I must say that last few months have been very interesting. I've learnt a lot and found out that I still know very little. But most importantly I found out what I want out of forex(I suppose that ......
Blessings V3_7-6 #2 In Trading Systems Sep 17 2010 at 04:48
Have you thought about or tried using a system where u have 6-10 charts open and 1 of those is on high risk settings and others are on a very low risk settings to bank the profits of the risky pair? I read about this idea on Forex-TSD. eg. 9 pairs with low volatility and 1 high volatility pair. The moving pair(could use micro grid?) is to make profits and the stable ones are there to 'bank' the profits in. If the moving pair hits EP you'll lose at most 10% of account(if EP is at 100%). If it makes profit -> other 9 pairs baskets get bigger too(since all use account balance to calculate b......
Ah, now i see your point [smiley]
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