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EAs do not work for me! Its much better to do manual trades.

Bob LLewellyn (ForexAssistant)
Dec 11 2014 at 00:30
465 posts
'One strange thing is nobody never speak about optimization on the forums.'

??? I thought we did.
where research touches lives.
Furax
Dec 11 2014 at 00:54
92 posts
Where Bob ?

I just wanted to confirm my optimizations and my backtests at 90% for starting with the good settings.
All is confirmed to be on the right way now.




and now just a demo test with several paires, named ' Aquarius system ', to know what happen next.
Mixed system or not is not important here, just to know what happen on my rel plateformes with trailing stop engaged with nice sounds ... lol

https://www.myfxbook.com/members/Furax/ultimate-tendancy-aquarius-v100-/1078845

I will begin to invest in real soon with my robot Ultimate Tendancy v100, probably at the beginning of 2015, january.
Only $100 with at least 10 MT4 plateforms with AlpariUK, InstaForex and some other brokers.
The risk is very limited with $100 I think, isn't it ? for smashing profits... with patience...

Attachments:

On entend l'arbre qui tombe mais pas la forêt qui pousse...
aslan9
Dec 11 2014 at 11:41
28 posts
Furax posted:
Where Bob ?

I just wanted to confirm my optimizations and my backtests at 90% for starting with the good settings.
All is confirmed to be on the right way now.




and now just a demo test with several paires, named ' Aquarius system ', to know what happen next.
Mixed system or not is not important here, just to know what happen on my rel plateformes with trailing stop engaged with nice sounds ... lol

https://www.myfxbook.com/members/Furax/ultimate-tendancy-aquarius-v100-/1078845

I will begin to invest in real soon with my robot Ultimate Tendancy v100, probably at the beginning of 2015, january.
Only $100 with at least 10 MT4 plateforms with AlpariUK, InstaForex and some other brokers.
The risk is very limited with $100 I think, isn't it ? for smashing profits... with patience...

Really wish you good luck with your real accounts testing. Hope, your results will be same profitable as previous backtest's results.
expert2trade
Dec 11 2014 at 15:55
37 posts
If trading could be completely automated with no human intervention needed, money would start growing on trees 😁😀
Yes! with the right skill....its possible to make 40% a day in Forex.
MOMAFOREX (FERMONZOR)
Dec 11 2014 at 16:11
135 posts
expert2trade posted:
If trading could be completely automated with no human intervention needed, money would start growing on trees 😁😀

100% agree with u! & if that would happen, then contrarían EA´s would appear and so on... this is a zero-sum business.....
THIS IS A MARATHON, NOT A SPRINT.
Bob LLewellyn (ForexAssistant)
Dec 11 2014 at 18:13
465 posts
FERMONZOR posted:
expert2trade posted:
If trading could be completely automated with no human intervention needed, money would start growing on trees 😁😀

100% agree with u! & if that would happen, then contrarían EA´s would appear and so on... this is a zero-sum business.....

Just for the record, money does grow on trees, that's where paper comes from and if what you mean by contrarian is taking trades against the trend, that EA already exists also. Last, Forex is not a zero sum market because of the business that need to exchange currencies without playing the market. They pay for the convenience, we collect interest off of the liquidity that we supply..

Bob
where research touches lives.
MOMAFOREX (FERMONZOR)
Dec 11 2014 at 20:18
135 posts
ForexAssistant posted:
FERMONZOR posted:
expert2trade posted:
If trading could be completely automated with no human intervention needed, money would start growing on trees 😁😀

100% agree with u! & if that would happen, then contrarían EA´s would appear and so on... this is a zero-sum business.....

Just for the record, money does grow on trees, that's where paper comes from and if what you mean by contrarian is taking trades against the trend, that EA already exists also. Last, Forex is not a zero sum market because of the business that need to exchange currencies without playing the market. They pay for the convenience, we collect interest off of the liquidity that we supply..

Bob

Oh Bob, i know that money does grow on trees, thanks for your perspective , that´s why I´m a Full Time trader managing bunch of accounts, and TRADING manually and not waiting that some EA will solve my live........Yes I know that if you see FOREX globally is not a zero sum market but sure it is a zero sum market for us if we consider ourselves as retail traders.... if you are not convinced, ask your broker how they do business and you will realized what I am talking about my friend!
THIS IS A MARATHON, NOT A SPRINT.
expert2trade
Dec 11 2014 at 21:11
37 posts
Most of the EAs advertised with their glorious track record are good, but consistency is the name of the game while trading.

Yet to see an EA that has worked well consistently for several years at a stretch 😄 I wish such an EA exists....I would put it on autopilot and just withdraw the profits!

All play and no work makes Jack a intelligent boy! 😀😁
Yes! with the right skill....its possible to make 40% a day in Forex.
expert2trade
Dec 11 2014 at 21:11
37 posts
For those interested, they can check my manual trades on https://www.myfxbook.com/members/expert2trade/awesomeprofits/1072944

I use no EAs
Yes! with the right skill....its possible to make 40% a day in Forex.
MOMAFOREX (FERMONZOR)
Dec 11 2014 at 21:20
135 posts
expert2trade posted:
Most of the EAs advertised with their glorious track record are good, but consistency is the name of the game while trading.

Yet to see an EA that has worked well consistently for several years at a stretch 😄 I wish such an EA exists....I would put it on autopilot and just withdraw the profits!

All play and no work makes Jack a intelligent boy! 😀😁

Agree 100%
THIS IS A MARATHON, NOT A SPRINT.
MOMAFOREX (FERMONZOR)
Dec 11 2014 at 21:21
135 posts
expert2trade posted:
For those interested, they can check my manual trades on https://www.myfxbook.com/members/expert2trade/awesomeprofits/1072944

I use no EAs

REally outstanding results dude, but not so good with a drawdown of 70% 😭
THIS IS A MARATHON, NOT A SPRINT.
Bob LLewellyn (ForexAssistant)
Dec 11 2014 at 21:42
465 posts
'Oh Bob, i know that money does grow on trees, thanks for your perspective'

Hello MomaForex, I had hoped that you and everyone else would get a chuckle from the play on words. 😀

Bob
where research touches lives.
Bob LLewellyn (ForexAssistant)
Dec 11 2014 at 21:58
465 posts
Yet to see an EA that has worked well consistently for several years at a stretch smiley I wish such an EA exists....I would put it on autopilot and just withdraw the profits!'

OK, well that ones easy,

https://www.myfxbook.com/members/ForexAssistant/rise-audcad/578913

https://www.myfxbook.com/members/ForexAssistant/passive-income-generator/685841

Bob
where research touches lives.
expert2trade
Dec 11 2014 at 22:04
37 posts
FERMONZOR posted:
expert2trade posted:
For those interested, they can check my manual trades on https://www.myfxbook.com/members/expert2trade/awesomeprofits/1072944

I use no EAs

REally outstanding results dude, but not so good with a drawdown of 70% 😭

Couldnt help the drawdown, especially with such volatile times since last 2-3 weeks 😄
Yes! with the right skill....its possible to make 40% a day in Forex.
MOMAFOREX (FERMONZOR)
Dec 11 2014 at 22:09
135 posts
ForexAssistant posted:
'Oh Bob, i know that money does grow on trees, thanks for your perspective'

Hello MomaForex, I had hoped that you and everyone else would get a chuckle from the play on words. 😀

Bob


LOL you are right Bob! 😀
THIS IS A MARATHON, NOT A SPRINT.
MOMAFOREX (FERMONZOR)
Dec 11 2014 at 22:12
135 posts
expert2trade posted:
FERMONZOR posted:
expert2trade posted:
For those interested, they can check my manual trades on https://www.myfxbook.com/members/expert2trade/awesomeprofits/1072944

I use no EAs

REally outstanding results dude, but not so good with a drawdown of 70% 😭

Couldnt help the drawdown, especially with such volatile times since last 2-3 weeks 😄

Christmas is coming & volatility will diminish dramatically, hope we can see some nice trends in the short term my friend!😄
THIS IS A MARATHON, NOT A SPRINT.
Chikot
Dec 12 2014 at 11:03
2299 posts
I would not trust EA. It cannot adjust and market is not that perfect not to mention going through various cycles. Experienced trader with self control will do better than any EA especially on risk control side...
Also, how can I trust EA if I cannot trust even my internet connections...
The less things one has to rely upon the better.
KISS....
vontogr (togr)
Dec 12 2014 at 11:09
4862 posts
Chikot posted:
I would not trust EA. It cannot adjust and market is not that perfect not to mention going through various cycles. Experienced trader with self control will do better than any EA especially on risk control side...
Also, how can I trust EA if I cannot trust even my internet connections...
The less things one has to rely upon the better.
KISS....

Well can you prove it? Can you post some manual trader who is successful in long term?
As trader with self control you should follow some clear trading rules.
If you have such rules EA can always execute them faster and more precisely.
Chikot
Dec 12 2014 at 11:15
2299 posts
Everything depends upon what you mean by long term? If say 1year + I can say I am , but I have nothing to prove and I am trading my own funds now But I know few guys who have been making money consistently under very serious scrutiny on risk control side and also few independent guys who have been profitable by trading manually for years..
I know also guys who use algos, but they watch those like hawks and it is their own made algos based upon how they trade and they test and retest and make changes constantly. it is not exactly EA in package with red ribbon which is being discussed here.
vontogr (togr)
Dec 12 2014 at 11:16
4862 posts
Chikot posted:
Everything depends upon what you mean by long term? If say 1year + I can say I am , but I have nothing to prove and I am trading my own funds now But I know few guys who have been making money consistently under very serious scrutiny on risk control side and also few independent guys.
I kow also guys who use algos, but they watch those like hawks and it is their own made algos based upon how they trade and they test and retest and make changes constantly. it is not exactly EA in package with red ribbon which is being discussed here.
@Chikot
yes 1 year is what I meant.
Why don't you publish your stats on MFB then?
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