SharePosts by polder
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Hello!
My opinion, you need to come up with a simple algorithm of action for trade and learn to trust him.
For example:
1) Choose 3-4 pairs that you like and which you know better than others.
2) Actually you have to come up with a simple algorithm to trade and to follow it. It should include three simple things:
When to go to the deal, how to deal (to increase the position or not), and when out of it.
3) The most important thing. It is necessary to attach to the algorithm control system risk.
My opinion: the risk to a deal shall not exceed 1%. It is best if it is equal to 0.5% of the depos......
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Damn i just lost my 18$ in real acc 8( FUUU
I test robot on demo but he dont work proper -_- some time he forgot to make 2nd or 3nd order. Need to work on it -)
and i think i find best pair for this system. its GOLD. on back test (1 year) 300 usd deposit grow up to 4k with 0.01 lot -)
When i finish the robot and test it few weeks on new real acc i think i share him.
now gonna backtest gold for more time
Sorry for shit english
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So! hello again if someone read this thread.
i make a robot!!! ant make some back test (2yers)
There is gbp/usd test from 01.12.2009 to this day
deposit 1000$
lot size used 0.01
risk per 1 trade 0.5%
i used simple pyramid with 3 orders. Like i said in my first post( watch picture)
t/p 800pip
and result is 85% for 2 yers! with max dd 18%
sorry for bad English
http://www.myfxbook.com/files/polder/gbpusd2yer.gif
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This morning chart of my account here show 1400% profit -_- it cant be a truth=) and i re add my account. now its proper i think, or maybe not -_-
Why its happens some time? anyone know?
Sorry for English.
and i make mistake in post before: 5 order price 1.01300 - sl all orders 1.01010
1.01400 not 300
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when i trade with my system i used 2 versions of construction pyramids.
1) with 5 lotz and 1000pip risk. Example: buy one.
1 order price 1.01010 - sl 1.00600 -
2 order price 1.01100 - sl all orders 1.00600 -
3 order price 1.01200 - sl all orders 1.00800 -
4 order price 1.01300 - sl all orders 1.00900 -
5 order price 1.01300 - sl all orders 1.01010 - tp for all same 1.01800 or 1.02000
2) with 3 lotz like i say in first post.
In both variants i used fix lotsize for all orders. For 1 variant i use lot 0.01 and its mean i risk 10$(1k pip) if lose and win 30$(800pip tp) or 40$ (1kpip tp). Fo......
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now I'm trying to invent a more complex version of the system with a large percentage win trades. And if somebody knows how to correctly build the pyramids, please tell us -) Im interesting about lots. always use the same amount or first large and small add?
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I want some things to share. Monstrously simple system.
1) need a deposit of $ 100 (I started with a hundred or less. I do not remember)
2) You need to be cool
3) That the principle of the system:
1. You do not need any charts. You can only use the flow of quotations.
2. Choose a few pair. Look where the price. Price should be in the "thousandth corridor" (I call it)
For example a pair usd / chf. Current price of 0.7500, then corridor is: from 0.8000 to 0.7000.
We put pending orders at the edge of the corridor. 0.8010 to buy and sell 0.6990.
300-500 stop loss points, t/p 800-100......
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thats my first real account on fx market -) micro one
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Yaarr!
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I am like an alcoholic, can `t stop and make trades even if i constantly lose. Must try to follow yours advice and try to be disciplined. Thank you.
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