PAMM recommendation
Member Since Aug 09, 2014
80 posts
Aug 15, 2014 at 14:05
Yes the best strategy is ' Let the profit run ' and obviously close soon the losing one, the opposite of 99% of strategies you see out there. Hard find graphics with equity line stay in the upper side of the balance line....
Be an investor, not a gambler!
Aug 15, 2014 at 14:05
optimofx posted:I dont have much to show, but that's how my trading looks like
Lol, and nobody see floating operations everytime, a good trading close loosing orders, the key is more positive trades than negative, long profit term, everything else is a lie.
https://www.myfxbook.com/members/khvo/easy/936573
Its a new account, but on the previous one, everything looks same. What do you think?
Aug 15, 2014 at 14:06
Alex
Really sorry, I'm still struggling to find the account you show charts for on your blog on this site MyFXBook. Could you please help me as I'm clearly a being a bit slow. I am interested in this and would like to see the account on MyFXBook. Could you link it here please?
Thanks man
Really sorry, I'm still struggling to find the account you show charts for on your blog on this site MyFXBook. Could you please help me as I'm clearly a being a bit slow. I am interested in this and would like to see the account on MyFXBook. Could you link it here please?
Thanks man
Aug 15, 2014 at 14:08
Since this is the section for experienced traders, why dont you trade your self ?
I think, for having others trading your money, you have to go to a well proved 'Wealth Builder', who invest for you long term, typically stocks. But with the markets topping long term, not a good moment to jump on the stock market.
There is an interesting new Portal coming up for those wanting to be in control www.tickcom/ECOportal/
I think, for having others trading your money, you have to go to a well proved 'Wealth Builder', who invest for you long term, typically stocks. But with the markets topping long term, not a good moment to jump on the stock market.
There is an interesting new Portal coming up for those wanting to be in control www.tickcom/ECOportal/
Member Since Aug 09, 2014
80 posts
Aug 15, 2014 at 16:56
put just now an order sell eurusd 1.3392 ... I'm not so patience as a trader, and you know patience is the key... with managed account you don't need patience just see profits...
Be an investor, not a gambler!
Aug 15, 2014 at 16:57
Strictly controlled floating loss (upto five or ten percent) is not bad trading. There will always be short term movements and fluctuations against trend but that's where market analytical skills come. The most important factor is to control your risk and don't leave the floating loss increasing with time to 10, 20, 30% .... and so on. That blows most people accounts.
Another IMPORTANT thing to consider in a strategy or account analysis is the risk of ruin i.e how many consecutive losing trades are needed to result in certain percentage of the account. Of course, the number of trades per week and time since trading also need to be considered along with the risk of ruin.
I hope there's positive discussion so we all learn from each other.
Another IMPORTANT thing to consider in a strategy or account analysis is the risk of ruin i.e how many consecutive losing trades are needed to result in certain percentage of the account. Of course, the number of trades per week and time since trading also need to be considered along with the risk of ruin.
I hope there's positive discussion so we all learn from each other.
Control your risk, profit will follow you!
Member Since Aug 09, 2014
80 posts
Aug 15, 2014 at 16:57
I was stopped.... No now is not a nice moment to invest is stock, my friend trader in London says mainly order flows from small investors, you know the mass buy usually at the MAX, so what you said is true , now is not a good moment to invest in stocks, but for this reason there are alternative investments because they are uncorrelated to stock market.
Be an investor, not a gambler!
Member Since Aug 09, 2014
80 posts
Aug 15, 2014 at 16:57
We are close to the London Fix now, so we can have some speculative movements
Be an investor, not a gambler!
Aug 15, 2014 at 17:28
(edited Aug 15, 2014 at 17:35)
Nobody is gonna recomended u a system proved as profitable thats a fact, think about it. The only key is hard work.
I had tested lmore than 100 systems over 4 years, i only encounter 3 or 4 profitables, so i dont gonna share for free with noone, if someone do it is because the system is not profitable. Dont take as personal , just a fact.
I had tested lmore than 100 systems over 4 years, i only encounter 3 or 4 profitables, so i dont gonna share for free with noone, if someone do it is because the system is not profitable. Dont take as personal , just a fact.
Caution ¡¡ Forex market is full of scams ¡¡
Aug 15, 2014 at 18:32
optimofx posted:Yeah, i understand. So i have found only one good system. i`m not asking anything for free, ill pay as much as needed
Nobody is gonna recomended u a system proved as profitable thats a fact, think about it. The only key is hard work.
I had tested like 100 systems over 4 years, i only encounter 3 or 4 profitables, so i dont gonna share for free with noone, if someone do it is because the system is not profitable.
Member Since Aug 09, 2014
80 posts
Aug 15, 2014 at 18:32
Optimofx just your opinion.... as a trader you don't think that the bigger problem in trading are due to psychological issues ? Trading strategy is just a part but is not the bigger challenge, what you think?
Be an investor, not a gambler!
Aug 15, 2014 at 21:18
(edited Aug 15, 2014 at 21:22)
Im talkin about automatic trading, no psycological issues.
Pd: i didnt made proposal of sell any automatic strategy, just talkin about askin for profitable systems. When i ear someone ( in forums of automatic systems is so frequently ) askin for a profitable systems, is like , ey give your money for free, cos a profitable systems is like a money maker machine, so u wanna gift to anyone? obviously not.
Pd: i didnt made proposal of sell any automatic strategy, just talkin about askin for profitable systems. When i ear someone ( in forums of automatic systems is so frequently ) askin for a profitable systems, is like , ey give your money for free, cos a profitable systems is like a money maker machine, so u wanna gift to anyone? obviously not.
Caution ¡¡ Forex market is full of scams ¡¡
Member Since Aug 09, 2014
80 posts
Aug 16, 2014 at 18:31
I understand what you mean, in my experience the best automated systems are designed for bank or broker and cost a lot of money , but i refer to High Frequency Trading, I still have an account with them and I MUST PAY a fee, but this is part of the game. And I don't know obsession of people to have something free, if I pay 100$ to have 200$ I'm really happy to spend 100$ !
Algo trading that check the book liquidity in a particular broker are not available for us common people.
Algo trading that check the book liquidity in a particular broker are not available for us common people.
Be an investor, not a gambler!
Member Since Nov 11, 2012
271 posts
Aug 18, 2014 at 22:34
(edited Aug 18, 2014 at 22:44)
https://www.myfxbook.com/members/takechance/gann-upd/937480
Profit factor 4.62
Sharpe Ratio 0.46
1500 pips collected from a total of 64 trades.
This strategy is going very well, if anyone interested in copying please contact. :)
Profit factor 4.62
Sharpe Ratio 0.46
1500 pips collected from a total of 64 trades.
This strategy is going very well, if anyone interested in copying please contact. :)
antariks1@
Member Since Nov 11, 2012
271 posts
Aug 19, 2014 at 07:55
Does anyone know how exactly the Sharpe ratio is calculated?
Does it depend on the stop loss levels you put in the first place OR it just takes into account the actual drawdown (MAE) a trade has suffered before it gets closed finally?
Cheers.
Does it depend on the stop loss levels you put in the first place OR it just takes into account the actual drawdown (MAE) a trade has suffered before it gets closed finally?
Cheers.
antariks1@
Member Since Nov 11, 2012
271 posts
Aug 25, 2014 at 21:29
takechance posted:
https://www.myfxbook.com/members/takechance/gann-upd/937480
Profit factor 4.62
Sharpe Ratio 0.46
1500 pips collected from a total of 64 trades.
This strategy is going very well, if anyone interested in copying please contact. :)
79 trades. 1650 pips, Profit factor 4.04 and Sharpe ratio 0.40
Nor bad so far :)
antariks1@
forex_trader_204192
Member Since Aug 19, 2014
23 posts
Aug 30, 2014 at 13:36
Hi fellow traders,
Feel free to follow my PAMM account: https://www.myfxbook.com/members/hlau/delta-capital/1001143
I am using minimal leverage each trade. Trading style is swing trading, not scalping. Capital preservation is more important than making profit.
Cheers.
Feel free to follow my PAMM account: https://www.myfxbook.com/members/hlau/delta-capital/1001143
I am using minimal leverage each trade. Trading style is swing trading, not scalping. Capital preservation is more important than making profit.
Cheers.
Aug 31, 2014 at 06:46
In any case 'Money Management' is key, many traders wanna earn much money and get a higher risk that turs to complete loss of the account. I am trading with a mix of manual and automated trading and I am monitoring always the market, so I can lower the risk.
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