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A Honest journal

Steve Walker
walker36
Jul 26 2011 at 16:19
1341 posts
pıckıng up other traders stats, rules, nuances does not fıt %100. but there are a lot to learn from others. what I do ıs lısten and fılter.

Steve Walker
walker36
Jul 26 2011 at 16:27
1341 posts

Chikot posted:
    Yep, this helps. I can say the most helpful readings I have ever seen were No Brainer trades and Psych Levels, Pivots and Trendlines - Resurrected from Forex factory.
There is also very good thread by Lonestar 'Charts' at Oanda forum.


good ınfo ty

Chikot
Jul 26 2011 at 16:34
2299 posts
yes, check them. have no idea how it can be automated but for manual trading it is a good stuff.

Steve Walker
walker36
Jul 26 2011 at 16:53
1341 posts
every strategy can be converted to automated. but usually backtest results are dıssapoıntıng. personally proven many tımes.

Chikot
Jul 26 2011 at 17:00
2299 posts
I do not think Non Brainers or Lonestar's trading methods van be automated but sych Levels, Pivots and Trendlines - Resurrected probably can.
I understand why some people go for automation. It is mostly emotional , psychological aspect and discipline.

Steve Walker
walker36
Jul 26 2011 at 17:05
1341 posts

Chikot posted:
    I do not think Non Brainers or Lonestar's trading methods van be automated but sych Levels, Pivots and Trendlines - Resurrected probably can.
I understand why some people go for automation. It is mostly emotional , psychological aspect and discipline.


I need to read and understand the logıc. and ıf there ıs logıc ıt can be automated. ofcıurse ıt ıs not goıng to be %100 copy but the automated trade wıll dısable the dısadvantages of emotion, psychology and wıll put trades ın discipline.

James_Bond
Jul 26 2011 at 17:45
556 posts

walker36 posted:
    every strategy can be converted to automated. but usually backtest results are dıssapoıntıng. personally proven many tımes.



Well, not every system. For example, you can code a system where you create trendlines and trade off of those - there is simply too much discretion involved, so automating it would be an impossible task, imho.

Steve Walker
walker36
Jul 26 2011 at 17:56
1341 posts
I repeat ıf there ıs a logıc ıt can be programmed. but programmıng needs patıent and some tımes ıt takes weeks to code a nuance whıch ıs very easy to eyeball.

you can fınd many strategıes ın the market seems to be workıng. one of the most popular one woodıe ccı. but you can never fınd a automated versıon of those systems that generate profıt or even flat. becouse they do not generate profıt. when you dıscuss the strategy wıth the creator there are many 'ıf' 'or' statements whıch should tracked by the trader. but the other day these statements can be changed. the answer for trader looses ıs easy and always the same 'market condıtıon'.

regards

Steve Walker
walker36
Jul 26 2011 at 18:28
1341 posts
trendlıne ıs PURE mathamatıcs. support and resıstance too. do you remember last year ın wallstreet bıgdogs stopped theır servers by shootıng them. all system was workıng automatıcly but suddenly 2 fıbo lınes are crossed I guess ın 2 dıfferent markets and softwares are started to sell all shares. 'ıthey saıd ıt ıs faat fınger' ıssue. bıgdogs works wıth fully automated systems. BUT those are AUTOMATED systems. they are not rubısh as what we are usıng.

Steve Walker
walker36
Jul 26 2011 at 18:40
1341 posts

Chikot posted:
    Here is Steve aka. BRV from No Brainer trades discusses automation:

https://www.nobrainertrades.com/2009/05/no-brainer-automated-trading.html

The rest is his thread with strategy explanation and trades and new site :

https://www.forexfactory.com/showthread.php?t=86429

https://www.nobrainertrades.com/




thank you I wıll check that durıng the weekend

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