SharePosts by eafindermyfx
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do you need to take the commission of 103k out of the profit?
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you have to know yourself- your system - your risk
trading will teach you this wheather you like it or not
and if you listen to all these things and adjust you will learn and win
trading is fun when you win ...
but there are losses along the way guaranteed
let us know what you are going to do shawn
i need to adjust the risk on the software!
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i was going to say the same thing- your risk is too great 4% per trade - hero or zero
this has put too much pressure /risk on yourself - sure the reward is there if you are successful but it will really knock your confidence if you loose which has happened - im sure everyone has been through this
get back on the horse and trade smaller lots say 1% or even less .1 lots fixed size risk at least until you get your feel /confidence back
you can risk more later if you are playing with profit
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true thats why updates are needed
ea should be dynamic
the brain is better sometimes
but ed sekota the greatest system trader that i know of was fully automated
he did interveen sometimes when he got itchy but usually ended up regretting it
bottom line you have to trust the system if you know it works - dont second guess yourself
if you are interveening cut your losses quicker you can always re-enter again.
hope this helps
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sounds good
emotion = trouble
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shawn
can you fully automate the system to eliminate the emotion?
if you look at the system it actually was due for a pullback having had such a good run the last 2 months
this is the natural harmonics of any system - person - or market
just like your drawdown in november last year
you can't sustain a profit factor of 4 for a long time - anything greater than 2 is fantastic
also you r:r has definately dropped off looks like 1:1 even with the 'hidden sl'
stay healthy
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its all about psychology at the moment
shawn give me a call
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yes i would like to know too
demo is quite different from live money
if the system work he should stick with it - but since the withdrawl i think he has lost confidence in it and that is a real killer
reassess and regather
quitters never win and winners never quit
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found it
the e/u shows 232K when us/cad added it comes to 290k based on fixed lots for the 10 year period
not really good ? is it worth it to addd the cad - for the risk - any comments
the eur has live tested as well as in the back test which is good
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this looks solid
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