joiny45 (By joiny45)
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joiny45 Discussion
Aug 30, 2010 at 00:59
Member Since Nov 19, 2009
31 posts
one day i was walking on a street, a thought jumped out in my head while i was looking at the traffic. After that i spend 1 night to design and adjust it, the first test results looked very good. i couldn't believe my eyes ! i never saw any kind of curve like that!
then i test this rules in 20 years historical prices records. it was fine, too!
then i trade it in demo account for at least 1 year. durling this period, the US Financial crisis broken out. most of my other system failed, but this one survival. i suddenly felt that most of my knowlege of trading is nothing! i ever showed the curve to some other people, none of them believe it.
i shall trust what i've done right by my own hands. so i start to use a small account to trade this system. it was still good!
so i finally trade it in this account for real. 18 months past and everyone here can see what happened. 2010 February was -0.99% because it was a new year month in China so i just close the old positions opened in 2009 Jan and didn't trade in Feb. but in my system signals, Feb result was still up to 5%.
this is my story above. 😄
ozkoh, how to enter this market is not important. no matter randomly or not , it will all fine. the most important part is how you exit in the right way. the trading books or education won't tell us this.
then i test this rules in 20 years historical prices records. it was fine, too!
then i trade it in demo account for at least 1 year. durling this period, the US Financial crisis broken out. most of my other system failed, but this one survival. i suddenly felt that most of my knowlege of trading is nothing! i ever showed the curve to some other people, none of them believe it.
i shall trust what i've done right by my own hands. so i start to use a small account to trade this system. it was still good!
so i finally trade it in this account for real. 18 months past and everyone here can see what happened. 2010 February was -0.99% because it was a new year month in China so i just close the old positions opened in 2009 Jan and didn't trade in Feb. but in my system signals, Feb result was still up to 5%.
this is my story above. 😄
ozkoh, how to enter this market is not important. no matter randomly or not , it will all fine. the most important part is how you exit in the right way. the trading books or education won't tell us this.
too complicate to win, too simple to lose
Aug 30, 2010 at 03:51
(edited Aug 30, 2010 at 03:56)
Member Since Aug 28, 2010
7 posts
thank you , very wonderful & interesting story. 😀as you said, you hold the position from Jan 2009 to Feb 2010, then you must be a long-term trader, one year is a very long period in forex. you said before, some people trade a similar way, maybe they are long-term trader too.
Member Since Jan 18, 2010
63 posts
Member Since Jan 18, 2010
63 posts
Sep 18, 2010 at 18:29
Member Since Jan 18, 2010
63 posts
I would guess that you are hedging your trades when market go for the opposite way. As soon as you have enough volatility is in fact a math equation to earn money, always. The problem should com when stuck in a a choppy market and you keep adding positions, special if you do that in an automated way. When that happen (could happen in a year or more... but one day it will) then usually is a blow up.
Dont know if is that way you trade, but it seems.
Anyway congratulations for the profits until now.
Dont know if is that way you trade, but it seems.
Anyway congratulations for the profits until now.
Sep 29, 2010 at 11:58
Member Since Nov 19, 2009
31 posts
artolinho posted:
Hi Jiang,
On open trades how much is your drawdows?
Is it higher than 20%?
Thanks
Artolinho
no more than 10%. can be more or less if i change some condictions. there is no any opening trade right now as you can see.
too complicate to win, too simple to lose
Member Since Jan 18, 2010
63 posts

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