Posts by TrendySystem
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so are you learning to trade or do you want someone to trade for you?
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Hey guys! We have an EA that you can leave on even during NFP and other news events. It actually nails those trades or keeps you out of them automatically. myfxbook.com stats are posted for it on the homepage of our site and aren't too shabby:
http://www.forex-trade-signals.net
Cheers!
Shawn
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Hey all, so our EA and Indicators are released now and we are still calling trades in the forums according to the setups that everyone can see now. Let me know what you think and any suggestions you may have.
http://www.forex-trade-signals.net
~Shawn
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k you can follow the progress of the EA/mixed system. If we feel confident in it after 3 or 4 months we will go real money account again.
https://www.myfxbook.com/members/TrendySystem/trendy-system-ea-newrelease/260019
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here's the link to the forum:
http://www.forex-trade-signals.net/forum
but you must login first because its a private forum. The download for Trendy system is found on your profile page under "getting started". let me know what you think.
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k guys. The system is ready for download and use, automated, and indicators available. Now we are just working on the documentation. But in the meantime come download it and get involved on the forums. Not many people have chosen to get involved on the forums at this point so I encourage you to come ask questions and get involved with the community. I will post my trade results now after automating this....I'm still trading manualy but it helps to have the robot controling trades once I get in, keeps me more honest with the money management side. ;)
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Yeah, our confidence in our system was too high=too high of risk=potential for disaster if and when system goes through less profitable dips.
good stuff guys. thanks.
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thanks eafindermyfx,
In my experience, no fully automated system can work long-term, as market dynamics are always changing and the human brain is the ultimate processor. So yes we can fully-automate the system, but we haven't found a backtest that is long-term profitable using it on full auto.
Regards,
Shawn
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Thanks fxuma,
One other thing that I wasn't realizing was the amount of pressure having others copy our trades is. Sometimes I am not as bold on entering some signals as I used to be because I only want to take the best signals...however many of these signals I have second guessed have been the big winners. All of this because I am new to having people auto-copy trades...essentially I am trading for them..lots of pressure because I hate losing people money. Currently we have 80 subscribers of which the majority have auto-copy on and many of which trade real money accounts with our signals.
O......
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We are reassessing some things. The Trendy system is an EA that sends signals but you have to manually trade them. Therefore psychology and market dynamics come into play and a traders psychology does as well. I have been dealing with health issues lately and I think that has effected my trading.
We aren't giving up, we are reconsidering how to do this...possibly with a new trader managing the trades as I need to get physically healthy first.
Lastly, I am frustrated by FXCM's real money connection for MT4. It is extremely frustrating to get "Off Quotes" and cannot fill orders on ......
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