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watch this video. can be interesting

Steve Walker
walker36
Jan 31 2012 at 11:56
1341 posts
next week I will start trading with 'this_weeks_final_lot*0.75'and reduce risk with %25 and increase trading frequency %25. targeting same daily goal.
Steve Walker
walker36
Feb 01 2012 at 18:39
1341 posts
to day I had the same spike issue. but this time I was ready due the EA would open hedge trade after -18 pip and I would handle it. But I had a coding mistake and EA opened 4 hedge trades with 6 pip FIX_TP and for all in a second TP trigerred and I again stayed with open loosing trade. Now I fixed the code problem but currently working on the open trades. 😲
Steve Walker
walker36
Feb 01 2012 at 18:39
1341 posts
and that loosing trade was opened after daily goal again🙄🙄🙄🙄

   walker36 posted:
   to day I had the same spike issue. but this time I was ready due the EA would open hedge trade after -18 pip and I would handle it. But I had a coding mistake and EA opened 4 hedge trades with 6 pip FIX_TP and for all in a second TP trigerred and I again stayed with open loosing trade. Now I fixed the code problem but currently working on the open trades. 😲
Steve Walker
walker36
Feb 01 2012 at 19:20
1341 posts
trades faltten. but code create a big issue. I will keep testing it on demo for some time and will be sure that its working properly.
Steve Walker
walker36
Feb 01 2012 at 19:29
1341 posts
when a trade hedged how I am going to handle it? here is the answer.

in the case of a spike if a trade hedged with FIX_TP*3 this means I need to trade 4-5 winners to clear that hedged loss. and in my case this is not a big issue due most of the time I finish my daily goal in 1 to 3 hours.😉
Steve Walker
walker36
Feb 02 2012 at 10:55
1341 posts
same problem again after code fix. this time it opened 6 hedge trades and messed up. the issue is I did not fix the array size. the real tickets are 8 digit. and my code is 4 digit( it was ok for BT ).😲😲
Steve Walker
walker36
Feb 02 2012 at 11:27
1341 posts
code fixed again. it was very LUCKY that all trades were in profit.
Steve Walker
walker36
Feb 02 2012 at 11:49
1341 posts
I also added 100 pip stop just in case if something goes wrong to prevent from blowing account. SAFETY
Steve Walker
walker36
Feb 02 2012 at 13:40
1341 posts
hedge worked properly. but today there is something wrong with the market. it generally moving with spikes.
Steve Walker
walker36
Feb 02 2012 at 13:41
1341 posts
I need 4 winners to clear this hedge. lets see what will happen.
Steve Walker
walker36
Feb 02 2012 at 13:54
1341 posts
1 hr chart also confirm below post about spikes

   walker36 posted:
   hedge worked properly. but today there is something wrong with the market. it generally moving with spikes.
Steve Walker
walker36
Feb 02 2012 at 14:51
1341 posts
today market is untredable. it makes first move but not second move. then starts back and forth.
Steve Walker
walker36
Feb 02 2012 at 14:51
1341 posts
it is like market is waiting for something. may be Bernanke speech?
Steve Walker
walker36
Feb 02 2012 at 15:21
1341 posts
got it. today EURGBP is trending and GBPUSD is sideways so this also effected EURUSD. it is late but now I know, after now I will trade EURGBP.
Steve Walker
walker36
Feb 02 2012 at 18:37
1341 posts
today currently traded 70 lots and had only %0.88. 😕
broker get rich.
Steve Walker
walker36
Feb 03 2012 at 11:25
1341 posts
_somehow-1 demo expired so I started _somehow-2 with _somehow-1 equity.

yesterday I did not stop trading after 3 times achived daily goal to see what will happen. and had -%4.50 DD. I would like to see what would happen and also if I go DD I would like to see if I can manage to recover from that point. I have now better understanding what I am doing wrong. Time and succesful trading make trader change it s rules written or not. it is the most difficoult part for manual or semiautomated trading. I will train myself with different conditions before live.
 
Steve Walker
walker36
Feb 03 2012 at 15:32
1341 posts
Steve Walker
walker36
Feb 03 2012 at 17:53
1341 posts
_somehow:
conclusion after 3 weeks:

when I first started to trade semiauto I was more focusing on patterns. as I get better results I started to trade more frequently without waiting the patterns. I did quite well but this made me trade more risky. When I noticed that, starting from this morning I again focused on the patterns as I did at the begining.
SO basicly I refresh mind and focused on what I am doing wrong and fixed.

I am sure this is the one of the main problem manual traders faced with. At that point trader start to blame market conditions or other effects instead of finding the real reasons and creating new rules until he/she totally frustrated.

walker

Chikot
Feb 03 2012 at 19:10
2299 posts
Steve, are those live trades you are talking about ??? Are you trading live yet?
Steve Walker
walker36
Feb 04 2012 at 10:52
1341 posts
not for _somehow. I am completing the process then will start live. There were many bugs at the EA ( mentioned earlier posts ) and also I trained my self with the new system.
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