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Winsor's Five Trading EAs in Real Time

Jun 30, 2010 at 21:46
26,735 Zobrazení
378 Replies
Členom od Jun 23, 2010   303 príspevkov
Sep 10, 2010 at 03:52
Giving Back is Part of the Game!

September 9, 2010 Update

Just a quick update as I am packing up to attend a meeting in San Francisco. I will be staying at the Warwick San Francisco hotel in the Union Square area. I heard that it is a nice hotel, so I have to see for myself. After a string of winning trades, Jasmine is in a generous mood to give some back to the market. This is a reason why investors should never jump on a trading system immediately after a string of winning trades. We all have to be realistic and understand that a winning streak will end sooner or later. Think of it as a resting plateau to build up momentum for another string of winning trades. See attached chart of Jasmine current trades. Wishing everyone a great weekend!


Členom od Jun 23, 2010   303 príspevkov
Sep 14, 2010 at 05:29
Jasmine is attempting to break the +5,000 pips barrier!

September 13, 2010 Update
I just came from San Francisco, and my meetings went great. The room of the Warwick hotel is rather small but the bed and the pillows were splendid. I have stayed at the Hyatt, Hilton, Sheraton, and the Westin but never before had I experienced such soft and comfortable pillows. I actually took off the pillow cover to identify the brand of pillow so that I can purchase the same type of pillow for myself.

My plane landed in Vancouver 30 minutes late, and I am a bit jet lag. I am going to perform a quick update, shower, and then off to bed. Jasmine performed a small give back to the market and then took a good profit run on the EURUSD upswing. Jasmine is attempting to break the +5,000 pips profit mark. It is currently floating with 780 pips profit!!! See attached chart.


Členom od Jun 23, 2010   303 príspevkov
Sep 15, 2010 at 05:58
Leah Broke the $3,500 Barrier (mini lot trading 1 pip = $1)

September 14, 2010 Update

It has been quite exciting for Jasmine’ performance in the last few days, and we almost forgot Leah trading system. Leah is our second trading system that broke the 3,500 pips barrier this year. In 2009, Leah broke even after 10 months of trading. Previously, I had Leah as a conservative trading system with a maximum of only one open trade. It seems that conservative forex is an oxymoron. I then eased Leah’s restriction to a maximum of six open trades, and it responded quite positively.

Many have asked as to why I still keep my trading lot size at 0.1 after 3,500 pips profit. Why didn’t I increase my lot size to compound my winnings? It is simple. Compound trading lot will increase the winning but also amplify the losing. Risk and reward go together and I am only targeting 35% ROI per year.


Členom od Jun 23, 2010   303 príspevkov
Sep 16, 2010 at 05:50
September Mid-Month Performance Review

September 15, 2010 Update

Since May 21 to September 15, 2010, our five forex expert advisors have been performing quite well without compounding our trading lot size.

Haley +507 pips, 254 trades
Jasmine +4,525 pips, 352 trades
Leah + 3,601 pips, 308 trades
Mellisa -1,900 pips, 240 trades
Sienna -870 pips, 469 trades

If you haven’t installed our five expert advisors, the installation takes 30 seconds.

https://www.ctsforex.com/trial_install/CTSFOREX_dot_COM.zip
 
1) Download the zip file onto your desktop
2) Unzip the file and follow the README text file.

Have fun trading manually as I am off to bed.
Členom od Apr 25, 2010   82 príspevkov
Sep 16, 2010 at 06:33
Hi

For which pairs do they run? Are they specific to pairs (i.e. Haley for ERURUSD whereas Jasmine for GBPUSD)?

Are they different for also account types (halley for mini or micro whereas melissa for standard acount etc)?

Please send me mothly/yearly subscription fees. Do you offer any discount if one subscribes to all of them?

cuneyt
Členom od Jun 23, 2010   303 príspevkov
Sep 16, 2010 at 16:01
Cuneyt,

As long as your account is on MT4 trading platform, my robots will work on micro, mini, or standard.

Haley trades GBPUSD, maximum 6 open trades, maximum stop loss 120 pips, maximum take profit 280 pips
Jasmine trades EURUSD, maximum 6 open trades, maximum stop loss 100 pips, maximum take profit 260 pips
Leah trades EURUSD, maximum 7 open trades, maximum stop loss 100 pips, maximum take profit 240 pips
Mellisa trades USDCHF, maximum 10 open trades, maximum stop loss 120 pips, maximum take profit 260 pips
Sienna trades EURUSD, maximum 8 open trades, maximum stop loss 120 pips, maximum take profit 280 pips

The monthly fee is $33 if your account is less than $2,500. If you open your account with MIGFX, Alpari, and Varengold using me as your Agent (IB), you will get 2 systems for the price of one.
Členom od Jun 23, 2010   303 príspevkov
Sep 17, 2010 at 06:39
Social Networking for CTSForex

September 16, 2010 Update

It took some efforts and CTSForex is now on Facebook, Twitter, & Blog. That reminds me that I have to spend a lot more efforts on the ctsforex blog.

www.facebook.com/ctsforex
www.twitter.com/ctsforex
www.ctsforex.com/blog

Below is a summary for the new followers of my five automated Forex trading systems.

1. Haley trades GBPUSD, maximum 6 open trades, maximum stop loss 120 pips, maximum take profit 280 pips

2. Jasmine trades EURUSD, maximum 6 open trades, maximum stop loss 100 pips, maximum take profit 260 pips

3. Leah trades EURUSD, maximum 7 open trades, maximum stop loss 100 pips, maximum take profit 240 pips

4. Mellisa trades USDCHF, maximum 10 open trades, maximum stop loss 120 pips, maximum take profit 260 pips

5. Sienna trades EURUSD, maximum 8 open trades, maximum stop loss 120 pips, maximum take profit 280 pips


Členom od Jun 23, 2010   303 príspevkov
Sep 20, 2010 at 04:48
A Mexican Standoff or Another Dud?

September 19, 2010 Update

Jasmine’s account started with $10,000 on May 21, 2010, trading mini lot (1pip = $1) and after more than 350 trades the account total is currently at $14,207 (i.e. 4,200 pips profit). Yes, we can increase the trading lot to 1 pip = $2 or more; however, it will be difficult to keep track of the pip counts. Risk and reward go hand-in-hand, if we were trading 1 pip = $10, we could have made $40,200; however, we could also loose as much. For those that like compounding the winning, we could have made a million dollars but there is no guarantee that it is sustainable. It is better to have steady gain than unsustainable volatile gain.

So far, we had 4 Mexican Standoffs and they all ended quietly without any major incidents to write about. Presently we have another Mexican Standoff in the Jasmine’s account with 3 sell trades and 3 buy trades. Are we going to see some real action or is this another dud? Stay tune for tomorrow update for Jasmine’s managed Forex account.



Členom od Jun 23, 2010   303 príspevkov
Sep 21, 2010 at 06:42
Does Majority Rule Work in Forex Trading?

September 20, 2010 Update

Image that you are a large fund manager trading the EURUSD. You have six analysts working for you, and you ask them whether to buy or sell the EURUSD within the next few minutes. Does it increase your confidence if they were all bullish or bearish?

In reality, you don’t want all six of your analysts to concur with each other. It is their autonomous and diversity of opinions that it is going to help you. This is the reason why each of our trading systems contains six or more independent trading subsystems. It does not matter which subsystem is long or short. The keys are the stop loss (risk) and the take profit (reward). As long as our risk to reward is greater than 2, in the long run we will come out on top. See attached a picture of Leah’s trading account. Currently, we have six open trades: two sell trades and two open trades with a floating profit of 53 pips.



 
Členom od Jun 23, 2010   303 príspevkov
Sep 22, 2010 at 02:21 (upravené Sep 22, 2010 at 02:32)
For those of you that are following my trading software, I have posted three live $$$ accounts on my profile. The total of three live account is worth more than $25,000 USD.

https://www.myfxbook.com/members/winsor



Členom od Jun 23, 2010   303 príspevkov
Sep 22, 2010 at 04:37
We Racked in with the EURUSD Moving Up 200 pips

September 21, 2010 Update

With today FOMC announcement on maintaining the benchmark interest rate at 0.25% with cautious outlook on the US economy, the EURUSD shot up 200 pips. Yes, the economy is at a depressed level, and the household spending is slow. Your average high school kids or your spouse could have told you that, but it takes Uncle Ben to concur for the market to undulate.

I love news not because I am a fundamentalist or a news trader. I want lots of news everyday to create volatilities in the market. The nice thing is that my five expert advisors take care of the trading, and I just need to check on my five expert advisors.

Quick update on Leah, our subsystem 4 got in at the bottom of the EURUSD with a stop loss of 100 pips and a take profit of 240 pips. Currently, it is floating with 226 pip profit. See attached chart for Leah's account.


chanak
forex_trader_18639
Členom od Sep 19, 2010   3 príspevkov
Sep 22, 2010 at 14:26
Winsor,
Interesting experiment. I just have a simple question - if your systems are so consistently profitable, why wouldn't you just trade your own account and make as much money as you would want? Even starting with just $10k, you could be a millionaire in a year, and a billionaire or more in 2 years. So why would you be soliciting for chump change like $33/mth fees for the EAs? Even assuming you sign up 1000 clients over a year, it would still return you less than your systems do, with the added burden of managing that business. I am a reasonably successful forex trader, though not with such magnificent results as your systems. I expect to slowly build my account to the millions in a couple of years, having started with less than $10k. I am happy enough for myself, I don't plan to advertise or sell my methods, and I don't want the burden of managing other people's money. I honestly don't understand why anybody with a successful method would see the need to sell that method. It just doesn't pass the commonsense test.
Cheers.
Členom od Oct 28, 2009   1423 príspevkov
Sep 22, 2010 at 14:33
Altruism could be one reason.
Wanting to get to your financial goals faster another.

I completely understand some people's urge to enable others to succeed with their goals in life and Winsor should be applauded if this is his aim. It's funny but a lot of people I know that have got to the point where they no longer have to work actually then find within themselves a burning desire to help others move towards this goal and then make that their life's work. It's generally the people striving towards financial freedom that don't understand this desire and often question it.



11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
chanak
forex_trader_18639
Členom od Sep 19, 2010   3 príspevkov
Sep 22, 2010 at 14:46
Steve,
Making money is inherently a competitive activity. The market is a battlezone, a zero-sum (in fact negative sum) theatre. I don't see any examples of altruism in the business / money-making world. Charity is a different matter. People earn their money, and then give to charity in ways that are far removed from their main business. Does Bill Gates coach Steve Jobs, or vice versa? Does Goldman Sachs put its trading algos into the public domain 'to help others reach their financial goals'? Does a local bakery with a hot selling chocolate cake share the recipe with its rival down the street out of altruism, feeling sorry for the poor widow running that bakery?
No, it still doesn't pass the commonsense test.
Cheers.
Členom od Oct 28, 2009   1423 príspevkov
Sep 22, 2010 at 14:55
How did you learn to trade then Chanak?
Did you simply load up some charts one day and study them on your own in isolation until you figured everything out by yourself or did you rely on the information that traders before you were good enough to pass on - possibly for a fee?

I'm not saying for one minute that charity should enter into the equation and obviously sharing what you find with the whole world or your close competitors ( in this case the bucket shops ) doesn't make sense but if there's a quid pro quo relationship there then why not? I've actually built some close working relationships with a lot of talented traders through honesty and openness and those relationships enrich my trading knowledge and experience.

If it doesn't pass your common sense test then fair enough. It passes mine.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
chanak
forex_trader_18639
Členom od Sep 19, 2010   3 príspevkov
Sep 22, 2010 at 15:19 (upravené Sep 22, 2010 at 15:28)
Funny enough, yes, self taught. Read a lot of books, tried out ideas, lost some money, made some money, reflected on what I was doing right and wrong, got cheated a few times, learnt some lessons that way, added to my knowledge of economics, mathematics, statistics, psychology, re-read some books, read articles on the web (I started trading before the web came), kept on trying again and again, refine, re-try, learn. These days, there are many blogs and forums where people discuss trading (like this one) where one can pick up ideas. Not because somebody is offering them out of altruism, but perhaps they have a need to discuss something, an urge for community, often to brag. If one has the necessary background, one can pick up ideas. But it means nothing unless one can fit those ideas into one's own trading methodology, which requires thinking and reflection.
I have tried a few trading systems in my time, despite my reservations. In every case, they have not been worth the money spent. Even taking classes is only the first step - to really learn you have to apply the lessons in your own life. The only real teacher is experience and the lessons of trading your own money.
It seems the fabric of my life experience is of a different weave than the fabric of your life experience. Good luck to each of us!
Členom od Jun 23, 2010   303 príspevkov
Sep 22, 2010 at 15:36

chanak posted:
    Winsor,
Interesting experiment. I just have a simple question - if your systems are so consistently profitable, why wouldn't you just trade your own account and make as much money as you would want? Even starting with just $10k, you could be a millionaire in a year, and a billionaire or more in 2 years. So why would you be soliciting for chump change like $33/mth fees for the EAs? Even assuming you sign up 1000 clients over a year, it would still return you less than your systems do, with the added burden of managing that business. I am a reasonably successful forex trader, though not with such magnificent results as your systems. I expect to slowly build my account to the millions in a couple of years, having started with less than $10k. I am happy enough for myself, I don't plan to advertise or sell my methods, and I don't want the burden of managing other people's money. I honestly don't understand why anybody with a successful method would see the need to sell that method. It just doesn't pass the commonsense test.
Cheers.
Chanak,
Thanks for joining my thread. If you read my posting thoroughly you will notice that I am only targeting 35% ROI per annum. Any thing above this target is a bonus. I don't claim to double or triple my account each month as risk and reward go hand-in-hand. If you do the math taking $10K with 35% return per year will take approximately 12 years to become a millionaire.

Steve,
It has been a while since we last talked. How are things going with you?

Like everyone else, I started forex trading six years ago with the promise of making $5K per day. Afterward, I found that it was a bunch of scams. If forex trading was easy, all the instructors should be billionaire instead of living off the $2,000 courses that we were paying them.

I learned my lesson the hard way and I don't want new forex traders going through what I did. New traders must reset their expectations and start focusing on lower reward. By showing my trading results in real time, it is my attempt to help other trade properly i.e. with fixed stop loss, fixed take profit, fixed trading lot size, targeting 35% return per year and etc.

I hope that you have a better understand of where I am coming from.
Členom od Jun 23, 2010   303 príspevkov
Sep 23, 2010 at 04:27
Speculators Love Uncle Ben

September 22, 2010 Update

I hope that none of you were bullish on the dollar before Uncle Ben spoke. Gold hits an all time high of $1,295. The dollar index is trading at a six-month low due to speculators and the EURUSD has rallied to a new five-month high. If your stop losses were not in place, you should be feeling the pain just about now.

I know that Jasmine (+4,528 pip) and Leah (+3,665 pips) automated trading systems have been performing phenomenon lately. Let’s not get carried away and jump immediately on the band wagon just yet. Like any athletes, there are hot and cold streaks. Let’s wait for the two systems to give some back some to the market before turning them live onto your accounts.

Attached is the record for the last three trades of Leah. All three trades hit their take profit of 240 pips. This is 720 pips profit in one day, but you will need to minus several trades that got stop out earlier. See attached chart.


Členom od Jun 23, 2010   303 príspevkov
Sep 24, 2010 at 05:15
Forex Trading Can More Difficult than Stock Trading!

September 23, 2010 Update

All the forex gurus claim that Forex trading is easy. In the stock market, you have thousands of companies; whereas, in Forex trading you only need to follow the 4 major currency pairs. This is a phony claim as you can focus on one or two companies to perform your day trading. It is true that Forex has the highest leverage investment; however, leverage is a double edged sword. You can win more but you can also lose more. You can think of leverage as an amplifier. All the positive results are amplified and so are the negative.

Actually, I found that Forex trading is more difficult because it short trending cycle. In stock trading, the uptrend can last several years; whereas, a currency trend is too ephemeral. It is quite difficult to switch your hat from a bullish mindset to a bearish mindset in a matter of hours. With stock trading, there is some down time to pounder and regroup; whereas, in currency trading you are in it until you have closed all your positions.

Attached is the screen capture of Haley’s account. At one point, Haley was up to +2,000 pips profit, and presently it is only up with +647 pips profit. Haley is floating with 188 pips profit and six open trades.


Členom od Jun 23, 2010   303 príspevkov
Sep 25, 2010 at 05:22
Breaking the +5,000 pips Profit Milestone for Jasmine

September 24, 2010 Update

Today, the S&P 500 recovered from a three-day slump with its biggest rally in four weeks, and gold hit $1,300/oz. I remember watching an analyst last year who predicted gold hitting $1,500 early this year. That is the thing with fundamental trading, they can predict the price and trend but the time frame is in the left field somewhere. Fundamental trading is great for position trading, but it is a bit too long for my taste. Scalping is too exciting and day trading is to time consuming. That is why I like swing trading and have created my trading systems based on swing methodology. I hope that you find a trading system that fits your personality, whether it is manual or automated trading.

Jasmine is on a rampage lately and is threatening to break the +5,000 pips profit milestone. It is currently holding five open trades with floating profit ranging from 64 pips to 169 pips. As always, all of its trades have a maximum stop loss of 100 pips and a maximum take profit of 260 pips. Jasmine has 587 pips of floating profits, see attached chart.


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