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Winsor's Five Trading EAs in Real Time

Johann CARNEVALI
yoorforex1
Jul 03 2010 at 18:08
4 posts
the fact is that this ea like others don't have past historic, and no explanation of how it will last in future.
Updates are always done too late. I have ea with predictive failures, this is engineering, and not commercial.
Like for me, no real live account from yourself, is no chance to convince.
You offer free, and let other take risk live, so it's not good, and I'm relaxed ...
Do you have past experience in building ea, if yes what has it become ? if not... wait 1 6 month, and show it with showing you know to do updates on time...

winsor (winsor)
Jul 03 2010 at 23:25
303 posts
Hi Johann,

Have another beer and chill out!

If you go under Myfxbook -> Strategies and then look for ctsforex you will find some of my backtesting results. If you go to my forex managed account website, you will see that my Alpha software development took 15 months of live trading results before the Beta software is released.

Relax, you will see my EAs in action in a couple of days. It is rather unprofessional to comment on my EAs before you understand where I am coming from.

Cheers,

Winsor

pepee81 (pepee81)
Jul 04 2010 at 21:11
6 posts
Hello Winsor,

I'm also interested in the live results, so if you still don't have that 5 ppl yet, you can count me in! :)

Best regards,

Peter

Sooner or later, but it will work.
CasTrader
Jul 05 2010 at 14:29
27 posts
winsor (winsor)
Jul 05 2010 at 15:33
303 posts
Great, we have 4 volunteers! Can we get another volunteer with at least 30 posts? I want to make sure that after I upload the software, all the volunteers will share their experiences in the forum here and not to run away. It is important that we have an interactive discussions with people from different backgrounds and experiences.

stevebalmmer
Jul 05 2010 at 19:58
2 posts
hy windsor,
i am the Number 5 volunteer.
How mauch Money i must have for the managed acount?
regards steve

winsor (winsor)
Jul 06 2010 at 14:56
303 posts
Hi Steve,

It is a combination of money management, your risk tolerance, selected system with its drawdown, and the fractional lot size of your trade i.e. whether your broker allows 0.05 lot or only greater than 0.1 lot trading. Although my trading systems are swing trading i.e. max take profit 280 pips and max stop loss 120 pips. There are some brokers that are notorious for requoting; hence, I would recommend to stay away them. I know this for a fact as I have been running my systems live for the past 15 months on more than 10 different brokers.

I have some clients that want to trade with only $1,000 with super aggressive trading. It is not recommended as the account will not be able to withstand a typical drawdown, and yet they insist because of their high risk tolerance.

winsor (winsor)
Jul 06 2010 at 15:03
303 posts
Hello Volunteers,

Please note this date on your calendar: Thursday, July 8, 2010.

I will upload our 5 trading systems onto this forum. You will be able to see all trades in real time without any delay. These are actual systems that we use for our managed forex accounts. I encourage the volunteers to post daily comments of their observation of the trades. Our company motto is Real-Time Trading. Real World Results.

Cheers,

Winsor

Elkart
Elkart
Jul 06 2010 at 15:23
941 posts
'I have some clients that want to trade with only $1,000 with super aggressive trading. It is not recommended as the account will not be able to withstand a typical drawdown, and yet they insist because of their high risk tolerance.'

Winsor you can't do that.

If the accounts wipe out it's because you didn't do your job. If the client insists on something that isn't feasible you refuse him or your reputation will get hit. Not the client. He'll probably try sue.

You lose, the client loses. No one wins.

Elkart
Elkart
Jul 06 2010 at 15:31
941 posts
Here's an analogy.

I'm a commercial diver. I have a guy watching my risk (in this case time) while I dive. I say I need 5 more minutes, (cause I'll earn 5 more bucks) and he knows it will kill me, in a very unpleasant way.

Does he give me the 5 mins or does he call the standby to forcibly remove me to save my life and prevent him from being sued?

 

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