Posts de stevetrade - Page 6

KeltnerPRO - Jared dans Systèmes de Trading Dec 03, 2014 at 16:24

I've only completed the backtest for EurUsd so far but I'm not seeing January and February as poor months to trade EurUsd. I'm not sure which data you are looking at.Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Dec 03, 2014 at 10:41

I'm in the process of testing all pairs for the last three years, after which I will aggregate the results and analyse. Unfortunately Keltner is a slow backtest so it will take most of this week to do.I can see from the EurUsd that in the couple of weeks around Christmas for 2013/2014 - EurUsd lost 11.46%2012/2013 - EurUsd lost 9.4%2011/2012 - EurUsd, this was a weird one as Christmas fell at the weekend. The two week period didn't trade, a three week period made a gain.Now, if you look at December 1st 2013 till December 22nd 2013 EurUsd made 9.07%.So, there's no rush to make a dec...

KeltnerPRO - Jared dans Systèmes de Trading Dec 03, 2014 at 10:06

I'm in the process of generating backtesting for all the pairs for this purpose. I can tell you that for EurUsd the last three years in January it made money and in December the EurUsd generally makes money. Certainly can't see any reason to turn that pair off. The whole "stop trading in certain months" is a bit of a myth in my experience. Don't trade in December/January. Sell in May and Go Away Don't trade around tax year end.Before you know it you are not trading for around half the year.Open up a weekly EurUsd chart, add a short term ATR and a volume indicator. The...

REV Trader PRO REAL dans Systèmes de Trading Dec 02, 2014 at 10:50

You can calculate it yourself. Use the custom analysis > Symbol selection.Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Dec 01, 2014 at 09:05

My use of historical data in this thread implicitly means I don't ignore the past, something I didn't say. I was saying that you need to look at historical performance and then consider what could happen in the future. Look at the figures - a 16 trades losing streak ( which we've seen ) would have blown the account at the risk the account started with.I'd also just like to clear something up. When we're talking about percentage risk. I'm talking about percentage risk, i.e. the percentage I'm risking based on the calculation I've made for each pair based on my se...

KeltnerPRO - Jared dans Systèmes de Trading Nov 30, 2014 at 10:18

The biggest losing run on this account is 16 trades. Take those 16 trades and put them at the start, at the risk the account was running at then and they would have generated a loss of $8375 which would have wiped the account.The reason the account is over leveraged at the start is because EA marketers run multiple accounts and the ones that work get marketed. It's the best way to rise to the top of MyFxBook which at the end of the day is their prime sales pitch.You're reasoning is flawed if you are looking at what this account did historically. Look at what it could do in the future t...

REV Trader PRO REAL dans Systèmes de Trading Nov 28, 2014 at 13:30

5% per trade?Provided you're happy to accept a possible 25% loss on your account. Which historically is what you could be faced with.Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Nov 28, 2014 at 12:41

8% risk per trade? That will blow your account at some point. The maximum lost on one trade on this account is 3.85%. Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Nov 20, 2014 at 09:34

Just run a backtest, analyse and decide what your risk appetite is.Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Nov 14, 2014 at 12:33

You probably have entry filter set to True, Jared doesn't.Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Oct 31, 2014 at 15:46

What does it have to do with this EA? All it requires is for the EA to create enough volume in the order books for the market makers to become interested in. Then they'll start stop running it.Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Oct 31, 2014 at 15:30

There's an investigation going on as we speak into manipulation of the currency markets by the big banks. They collude with each other in chat rooms to fix prices. I suggest you google it and read up on it. It's easy to fix the price of something, all you have to do is refuse to sell it at the price the buyer wants to pay for it. Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Oct 31, 2014 at 14:30

I'd be interested to see how your own performs. Quite often with systems it's not the quality of the entries but the quality of the exits that makes them. I'd be interested to hear how you are handling those.Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Oct 31, 2014 at 09:19

I don't give tips on what to trade.This is advice on risk management. People generally focus on the upside in trading, which is back to front. You need to focus on the downside. People experience far more emotional impact from negative events than from positive ones. That's where your psychological focus needs to be as a trader, managing the negative impacts. http://www.nytimes.com/2012/03/24/your-money/why-people-remember-negative-events-more-than-positive-ones.html?pagewanted=all&_r=0http://taylorlab.psych.ucla.edu/1991_Asymmetrical%20Effects_Positive_Negative%20Events_Mobilizati...

KeltnerPRO - Jared dans Systèmes de Trading Oct 31, 2014 at 08:39

Just scale the risk down, run it at 40% of what this account is and that recent drawdown period would have been about 12%. Average monthly return would be about 18%, which is still an outstanding return. If you reduce the number of orders or use the breakeven feature you're fundamentally changing the strategy and won't necessarily get similar results to this account.Best regards Steve

BrokerArbitrage.com dans Systèmes de Trading Oct 31, 2014 at 08:37

“Believe none of what you hear, and only half of what you see.”Benjamin FranklinHe's unlikely to say that it isn't true. It's marketing 101. Who, what, when, where, and why.That said, the EA does seem to be working. Going to be a hard one to judge the death knell of though.Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Oct 30, 2014 at 16:04

Nothing on my profile is available, they were all self written.I don't give out tips. I used to but then people end up using stuff you recommend and it stops working and they don't stop using it when you do and lose money etc.There are plenty of things out there, you just need to ensure you do your due diligence and don't put all your eggs in one basket. I use a mix of things - EA's, manual traders, PAMM accounts, trading services.The key as I say is understanding what performance you are expecting from anything you use so that you can react when it's performance drops.Best...

KeltnerPRO - Jared dans Systèmes de Trading Oct 30, 2014 at 15:45

It will last for as long as it lasts and then something else will come along. Enjoy it while it works.The key is to have a portfolio of strategies/brokers that you use and to understand the performance of each of them so that you can decide that they have stopped working once they stop working.Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Oct 30, 2014 at 15:33

Exactly. So they are buying when you are selling and selling when you are buying. They end up with the other end of the "deal" and you can rest assured that they're going to liquidate their positions at an overall profit. That's why most retail traders fail, they're fundamentally playing in a weighted game as the market makers have access to information that we don't AND control of the market.Best regards Steve

KeltnerPRO - Jared dans Systèmes de Trading Oct 30, 2014 at 15:13

You're pulling my leg now aren't you? Away with you, you scamp!Best regards Steve

Toutes les Cotations
AUDUSD	0.653	USDCHF	0.9147
EURJPY	169.15	EURCHF	0.9785
EURGBP	0.8563	GBPJPY	197.36
EURUSD	1.0699	GBPUSD	1.2487
USDJPY	158.04	USDCAD	1.3679

EURUSD	1.0699	GBPUSD	1.2487
USDJPY	158.04	USDCAD	1.3679