Trendy Signal Real Money (by TrendySystem) Einfache Statistik
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Trendy Signal Real Money Diskussion
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TrendySystem

Mitglied seit Oct 24, 2011  38 Beiträge Shawn OConnor (TrendySystem) Jan 11 2012 at 09:19

Trading is Fun...
fxuma

Mitglied seit May 06, 2010  5 Beiträge fxuma Jan 18 2012 at 08:24
Wow ... you withdrawl the whole balance that was left.
You are not trading this account anymore?


The way UP is IN ...
eafindermyfx

Mitglied seit Jun 29, 2011  18 Beiträge eafindermyfx Jan 18 2012 at 10:20
yes i would like to know too

demo is quite different from live money

if the system work he should stick with it - but since the withdrawl i think he has lost confidence in it and that is a real killer

reassess and regather

quitters never win and winners never quit

eafindermyfx

Mitglied seit Jun 29, 2011  18 Beiträge eafindermyfx Jan 18 2012 at 11:05
its all about psychology at the moment



shawn give me a call

Merrygoround

Mitglied seit Jul 01, 2011  41 Beiträge Hans (Merrygoround) Jan 18 2012 at 11:30
He said that he has been trading for years. So I don't understand why demo trading would be any different from real account trading, provided you stick to the same rules....

TrendySystem

Mitglied seit Oct 24, 2011  38 Beiträge Shawn OConnor (TrendySystem) Jan 18 2012 at 12:07
We are reassessing some things. The Trendy system is an EA that sends signals but you have to manually trade them. Therefore psychology and market dynamics come into play and a traders psychology does as well. I have been dealing with health issues lately and I think that has effected my trading.

We aren't giving up, we are reconsidering how to do this...possibly with a new trader managing the trades as I need to get physically healthy first.

Lastly, I am frustrated by FXCM's real money connection for MT4. It is extremely frustrating to get 'Off Quotes' and cannot fill orders on a regular basis with them. Never happened on their demo MT4 accounts. That's one reason why I have stayed away trading real money on the MT4 platform in the past, but FXCM reassured me that their 'new' version of MT4 that they just released won't have those connectivity issues. Yeah right, it has happened at least 10 times already one of which was while I was trying to exit a trade for a profit, that ended up turning into a loser because I couldn't exit. Market conditions were not overly volatile either.

Anyway, stay posted, we haven't given up, we never do. Been doing this since 2004 ;) Sometimes more successful than others but always learning and improving.

If you have any suggestions, let em rip.

Trading is Fun...
fxuma

Mitglied seit May 06, 2010  5 Beiträge fxuma Jan 18 2012 at 12:11
Thanks for clarifying this ...

Glad to hear you continue :o)

Take very good care of your health.

Regards,
mdotapollos

The way UP is IN ...
TrendySystem

Mitglied seit Oct 24, 2011  38 Beiträge Shawn OConnor (TrendySystem) Jan 18 2012 at 12:19
Thanks fxuma,

One other thing that I wasn't realizing was the amount of pressure having others copy our trades is. Sometimes I am not as bold on entering some signals as I used to be because I only want to take the best signals...however many of these signals I have second guessed have been the big winners. All of this because I am new to having people auto-copy trades...essentially I am trading for them..lots of pressure because I hate losing people money. Currently we have 80 subscribers of which the majority have auto-copy on and many of which trade real money accounts with our signals.

One idea that has been thrown out by my brother is that we keep doing signals but turn the site into a community site where traders can share ideas and where signals can still be sent.

Possibly doing away with the 'auto-copy' and instead licensing the EA itself. Then traders can trade it themselves and then we can put up a forum and chat room 'trade room' where we can discuss strategies that involve the signals, or any other systems people may be interested in. But essentially you would just be a member of a trading site, rather than a customers that I auto-copies signal for...this is the best idea thus far.

Trading is Fun...
eafindermyfx

Mitglied seit Jun 29, 2011  18 Beiträge eafindermyfx Jan 18 2012 at 12:25
shawn

can you fully automate the system to eliminate the emotion?

if you look at the system it actually was due for a pullback having had such a good run the last 2 months

this is the natural harmonics of any system - person - or market

just like your drawdown in november last year

you can't sustain a profit factor of 4 for a long time - anything greater than 2 is fantastic

also you r:r has definately dropped off looks like 1:1 even with the 'hidden sl'

stay healthy


eafindermyfx

Mitglied seit Jun 29, 2011  18 Beiträge eafindermyfx Jan 18 2012 at 12:27
sounds good

emotion = trouble

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