Delusions Grandiose !! (Oleh forex_trader_28881)

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Delusions Grandiose !! Perbincangan

Feb 14, 2011 at 02:18
21,681 Paparan
496 Replies
Ahli sejak Jan 14, 2010   2279 hantaran
May 18, 2011 at 16:27
what,you mean you will not be looking after it and making changes? it can run all by itself?
well,Thailand beaches beware!
TheCyclist
forex_trader_28881
Ahli sejak Feb 07, 2011   691 hantaran
May 18, 2011 at 16:30 (disunting May 18, 2011 at 16:35)
Ya - it's how it's going to be.

Got to give this a month, I'm still on settings and pairs, but I think it's beach time...
Ahli sejak Jan 14, 2010   2279 hantaran
May 18, 2011 at 16:42
I myself hate sitting on the beatch. get borring.
Ahli sejak Jan 14, 2010   2279 hantaran
May 18, 2011 at 16:43
but that 's nice considering how hard this business is.
TheCyclist
forex_trader_28881
Ahli sejak Feb 07, 2011   691 hantaran
May 18, 2011 at 17:08 (disunting May 18, 2011 at 17:22)
Wrong beach if it's boring....just got to crack it Chikot. Took me a decade and a half. Did my first trade in 1998. Now 2011.

World ends in 2012 - now there's a bummer. I be sooooooooo peeved....

I guess it should also be noted that I didn't try crack trading. I tried to crack the black box....whole different ball game.
Ahli sejak Jan 14, 2010   2279 hantaran
May 18, 2011 at 21:14
I think you deserve it. 13 years. You went automated route. but still 13 years a lot of time. i think you will be handsomely rewarded 😄

I do not get it., what do you mean you were not trying to crack trading but black box? Black box is doing what trader is supposed to do, right? so, the base is still trading.
TheCyclist
forex_trader_28881
Ahli sejak Feb 07, 2011   691 hantaran
May 18, 2011 at 22:51
I have a severe dislike of trading. Hate it. All that sitting in front of the screen as your life flashes by....should be out playing. So I never wanted anything but automated trading.
Ahli sejak Jan 14, 2010   2279 hantaran
May 19, 2011 at 06:52
You hate trading and still you immersed yourself into it. why? you have to learn trading before coding and you hate trading.
TheCyclist
forex_trader_28881
Ahli sejak Feb 07, 2011   691 hantaran
May 19, 2011 at 08:22 (disunting May 19, 2011 at 08:28)
Well,

I started out thinking trading was easy money, so I gave it a go, few margin calls later, I got stubborn, then I got determined and, eventually it was do-or-die, and now it is I've put in so much time and money over the years that it simply had to be done...

I loved it in the beginning when I turned 10k into 250k in 6 months, I liked it a little less when I turned 250k into 0k in 3 months. And started hating it a few years into burning time and cash. All my friends out playing I'm sitting there in front of a screen donating money to the dark art of trading...

And now after years of battling the beast I'm trade and screen weary. Which implies one very long holiday, like the rest of my life...
TheCyclist
forex_trader_28881
Ahli sejak Feb 07, 2011   691 hantaran
May 19, 2011 at 09:50 (disunting May 19, 2011 at 09:51)
Had a code malfunction. It ran away and chew all my margin. Cost me 4% of the account, was forced to bail in the interest of safety. Lesson is to test before putting code on a live account.

Added new pairs. So now we see.....
Ahli sejak Nov 18, 2009   708 hantaran
May 19, 2011 at 10:11
Jaysus, manual AND code trading ... only the very best can do that ... you must have your head screwed on right ... congratulations, 68 % is still exactly 68 % more than you've deposited ... keep it up.

TheCyclist posted:
This is manual. No algo's here. Hence why all the trades are together. This is when I walk past my computer. Adjust both and carry on with life.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
TheCyclist
forex_trader_28881
Ahli sejak Feb 07, 2011   691 hantaran
May 19, 2011 at 11:18
Well - I switched to code now. No reason to sit here and suffer....it should recover the 4% quickly. That was my own stupidity, running it on demo to confirm everything was fine would have taken all of 10 seconds...
Ahli sejak Jan 14, 2010   2279 hantaran
May 19, 2011 at 15:45
still,you had to learn manual trading before you could code it. excellent results.i understand you use small leverage and no hard stops. amazing
Ahli sejak Jan 14, 2010   2279 hantaran
May 19, 2011 at 15:59
Speki, it's 13 years. obviously time well spent despite Grim's complains 😁
TheCyclist
forex_trader_28881
Ahli sejak Feb 07, 2011   691 hantaran
May 19, 2011 at 16:14 (disunting May 19, 2011 at 16:28)
Not true Chikot,

Other way around, I can trade manually because I learned enough in my efforts to automation. Can run stuff and see what doesn't work. Or back test it. Easily run 10 accounts a time with various systems. Very productive process of elimination. Mostly indicators or combinations of them till you run out.

You learn things like how to calculate what you own. So you know what risk it is.

It's not 0.1 lots = $1 a pip - it's eurusd @ 1.4200 x 0.1 lots * 10 000 = $ 1420 is the value of your holding on a mini or * 100 000 on a standard. If you have a $500 account that's a problem because the value adjustment you made is bigger than your entire account value.

See ?

If you want to sell $100 eurusd, what's the lot size you need to sell on a mini account? Can you tell me ? Most people can't.

So suddenly having had to do this to tell a computer what to do, I understand it. I can tell you know 90% of people reading this didn't know how to calculate what they own.

The devil is always in the detail....I'm doing the same stuff I did 4 years ago, except this time I can get my ratios right. I finally understand the detail.
TheCyclist
forex_trader_28881
Ahli sejak Feb 07, 2011   691 hantaran
May 19, 2011 at 16:22 (disunting May 19, 2011 at 16:38)
I don't trade any more, I invest fast.

I put down my investment and I monitor it and act. I don't try and predict markets. It's impossible in fx, put down something you can afford, see what happens to it, see what the risk are and either reduce it or increase it.

Direction is irrelevant, take your best guess, but accept it's a guess. How much risk did I take, what is the worst case scenario, what is the best case scenario, where are we, how much in reserve, what's the situation on the rest and what do I want to do?

Stuff predicting....

I've always said, you see the same guys in the forums calling against each other all the time. And the same guys are always there. So it can't be the calls. If it isn't the calls (read direction) then what is it? What makes two guys with opposing trades both successful ?
Ahli sejak Jan 14, 2010   2279 hantaran
May 19, 2011 at 16:50
Grim, effectivelly what you mean is you enter trade like throwing cr*p against the wall, something will stick.
you calculate position size, decide how much you gona lose in worst case scenario,position is very small and so on few pairs you enter and this is it. no hard stop but % stop and you follow trend, right?
TheCyclist
forex_trader_28881
Ahli sejak Feb 07, 2011   691 hantaran
May 19, 2011 at 16:56 (disunting May 19, 2011 at 17:00)
Ahli sejak Jan 14, 2010   2279 hantaran
May 19, 2011 at 16:58
Ahli sejak Jan 14, 2010   2279 hantaran
May 19, 2011 at 16:59
this is not kind of life you would want to live though. i do not understand his motivation.
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