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Winsor's Five Trading EAs in Real Time

Jun 30, 2010 at 21:46
Przeglądane 26,849
378 Replies
Uczestnik z Jun 23, 2010   303 postów
Jul 21, 2010 at 05:34
Uczestnik z Jul 17, 2010   3 postów
Jul 21, 2010 at 09:44
How do they work? I see results but...how do it work? If it would be possible to share your insight and expertise, I for one, would enjoy understanding the method(s) behind the facts. As any trader would agree, getting positive profits in Fx is the goal! Score = winners!
Uczestnik z Jun 23, 2010   303 postów
Jul 21, 2010 at 15:45

Horse97 posted:
    How do they work? I see results but...how do it work? If it would be possible to share your insight and expertise, I for one, would enjoy understanding the method(s) behind the facts. As any trader would agree, getting positive profits in Fx is the goal! Score = winners!
Forex trading is a journey and it will take time to accumulate experience. Slow down Horse97 and read the daily journal. Trading is 70% psychology, 20% money management and 10% method. I am showing you the method right now. Even if you rush to learn the method, you will still need to learn the money management and the psychology.
Uczestnik z Jun 23, 2010   303 postów
Jul 22, 2010 at 04:47 (edytowane Jul 22, 2010 at 04:48)
July 20 Update.

I haven’t talked much about Leah; hence, I will cover it today. Many people have asked: why do you have 3 systems trading the EURUSD? It is because Jasmine can open up as many as 6 open trades and Sienna can open up as many as 8 open trades. The original intent was for Leah to open up as many as 7 open trades. I have yet to find a solution that would satisfy all of my requirements; hence, Leah is currently remained at a maximum of 6 open trades. Although Jasmine, Leah, and Sienna all trade the EURUSD; however, they are based on different strategies, different stop losses and different take profits.

On July 20, subsystem 4 entered the sell EURUSD trade at 13:00 @ 1.28949 with a stop loss of 100 pips and a take profit of 240 pips. At 17:00, subsystems 7 and 8 also sold the EURUSD at 1.28830 with a stop loss of 100 pips and a take profit of 240 pips. Currently, the total floating profit of the three trades is over 300 pips. You don’t have to be right all the time to make money. You just have to make sure that you win more whenever you are right.

I am a firm believer that we can’t predict the direction of the market. Anyone claiming that they can predict the market with better than 60% accuracy – you should avoid them. Yes, they can be lucky and get 8 out of 10 trades correct but can they keep the same average after 1,000 trades. Some will avoid being wrong by trading without a stop loss. I rather cut my losses when I am wrong. Most people are looking forward to winning 99 consecutive trades, but it will only take them one single trade to wipe out their forex trading account.

See attached chart.




Załączniki:

Uczestnik z Jun 23, 2010   303 postów
Jul 23, 2010 at 04:25
Yesterday July 21 at 21:00, Haley’s subsystems 1 and 2 entered the GBPUSD buy trades at 1.5147. Subsystem 1 uses a stop loss of 120 pips with a take profit of 280 pips while subsystem 2 uses a stop loss of 100 pips with a take profit of 260 pips. Our fundamental for profitable trading is to use a slightly large stop loss with a greater take profit trade. Since we can’t always predict the market, we ensure that we make more profit when we are correct.

Most trading systems out there are based on scalping with 90% winning percentage because they use a small take profit with a very large stop loss. It is nice to have a high winning percentage, but it is an extremely morose feeling to have your entire account wipe out by a single trade.

We are looking for 45% winning percentage to come out on top in the long run. Currently, both subsystems 1 and 2 are floating with 269 pips in profit. On July 22 at 13:00, subsystem 5 has entered the GBPUSD buy trade at 1.5285 with a stop loss of 80 pips and a take profit of 200 pips. Did this subsystem enter the buy party a bit too late? Stay tune for tomorrow updates!


See attached chart.



Załączniki:

Uczestnik z Jun 23, 2010   303 postów
Jul 24, 2010 at 04:43
The two GBPUSD buy trades of Haley’s subsystems 1 and 2 hit their take profits today. That was nice since subsystem 1 achieved 280 pips and subsystem 2 achieve 260 pips.

On July 22 at 13:00, subsystem 5 has entered the GBPUSD buy trade at 1.5285 with a stop loss of 80 pips and a take profit of 200 pips. There was a possibility that subsystem 5 was going to be late to the buy festivity. The Pound rocketed up and we are currently floating with 131 pips in profit.

See attached chart.




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Uczestnik z Jun 23, 2010   303 postów
Jul 27, 2010 at 02:51
Haley’s subsystem 5 hits its take profit today at 8:41 for 200 pips. For the past three trades, we gained a total of 740 pips. It demonstrates our sound trading methodology. Since May 21, 2010, Haley has gained 1,850 pips after 152 trades. Our average wins are 125 pips, and our average losses are 77 pips with a winning percentage of 44%. Our best trade is 280 pips, and our worst trade is 120 pips.

Since May 21 to July 26, 2010, Jasmine has gained 2,470 pips, and Leah has gained 2,530 pips. Some months are going to be stellar while other months are slow. Remember our fundamental goal of 3,500 pips or 35% ROI per annum. We intentionally set the bar slow so that we can achieve our target.

Presently, Haley’s subsystem 1 is in a sell trade with a stop loss of 120 pips and a take profit of 280 pips.

See attached chart.




Załączniki:

Uczestnik z Jul 02, 2010   7 postów
Jul 27, 2010 at 16:47
Your service is not viable for small account holders.
For example, if someone is trading on a USD 1000 account, your return is about 10% a month.
You charge USD 90+ monthly and the profit all goes to you. And what about months with loses?
Uczestnik z Jun 23, 2010   303 postów
Jul 27, 2010 at 17:32
Hi Lu18,

Thanks for testing our expert advisors and posting your observation. We understand your concerns, and are working on a pricing scheme that will accommodate small accounts. One of the proposals is volunteers. If you help out promoting our automated trading systems, you will get to use our trading systems for free. 😎

If anyone has ideas and comments, please let me know what you think.
Uczestnik z Apr 20, 2010   814 postów
Jul 28, 2010 at 02:45 (edytowane Jul 28, 2010 at 02:48)
After download the ctsforex.com.zip files, unzip it, is a program terminal and some short-cut link to the EA.

Again, I doubt to install the program and deleted the file, as I scare it might got virus.

I wonder why you no make use of the Myfbook private profile system , where you can send invitation link to certain user to see only if you don't want to make it public.

Browsing through the MT4 platform might be faster but also let other people just copy your trade using Account Copy software, and Myfxbook have the privilege to identify whether that this is a real account or demo.

From my demo experience in tight scalping strategy even the same EA on the same broker can have different result on different login Account, such as the FapTurbo.

So is all your EA using a base on indicator of system that work like FX Brilliance and CaliberFxpro which has TP and SL in some distance ?

So far I still haven't collect an EA that base on lagging indicator or leading indicator that will give great profit in long term.

For tight scalping EA, I have collected one that able to start with 500 USD and earn 854% ROI in 9 month, but as said before it get different result even on the same broker. So far 3 month loses out of 9 month, so probably you need capital more than just 500 USD for long term investment.

For more information, can click on the link below and go to EA Leasing Tab.
Information is Gold when come to organised.
Uczestnik z Jun 23, 2010   303 postów
Jul 28, 2010 at 03:08 (edytowane Jul 28, 2010 at 03:10)
DoubleTrap,

Thanks for joining our discussion. If you are concerned about viruses, you could scan the exe file first before running it. If you scan through all of the posts, none of the users have complained about virus.

Can I get one of the volunteers to vouch/response to Double Trap that there are no viruses in the attachment?

My EAs are based on swing methodology with a maximum stop loss of 120 pips and a maximum take profit of 280. The last three winning trades of Haley were 740 pips. My EAs are not based on indicators and I don't like scalping.

For those that want to download the 5 Expert Advisors, here is the link again.


https://www.myfxbook.com/files/winsor/CTSFOREX_dot_COM.zip
Uczestnik z Apr 20, 2010   814 postów
Jul 28, 2010 at 03:25 (edytowane Jul 28, 2010 at 03:26)
Look like you are very generous provide Free copy of account to others.

I will vouch for you giving free service to the other trader who like to follow your account trade.
Information is Gold when come to organised.
Uczestnik z Jun 23, 2010   303 postów
Jul 28, 2010 at 03:50

ForexSeeker posted:
    Look like you are very generous provide Free copy of account to others.

I will vouch for you giving free service to the other trader who like to follow your account trade.

Thanks DoubleTrap, greatly appreciate!
Uczestnik z Jun 23, 2010   303 postów
Jul 28, 2010 at 04:17
July 27 Update

Haley’s subsystem 1 is still in a sell trade with a stop loss of 120 pips and a take profit of 280 pips. This trade is at a floating loss of 90 pips. Today at 11:00, subsystem 8 opened up a buy trade at 1.54607 with a stop loss of 80 pips and a take profit of 180 pips. It is very nice that this trade is at a floating profit of 113 pips. Overall, we are still in a profit.

This is one of the reasons why automated trading is more superior than manual trading. With automated trading, opposite trades are open at a moment notice as the market trends are unpredictable at times. Most manual traders tend to be bias in the direction of market and are unable to be flexible with their trading. I would like to see Haley break the 2,000 pips profit in the next two weeks.




Załączniki:

Uczestnik z Jun 23, 2010   303 postów
Jul 28, 2010 at 18:13
Imagine yourself driving down a country road of rolling fields and green pasture. You notice a herd of cows up ahead in a nearby field. You slow down your car and observe as the herd is moving to one direction. Imagine getting out of your car, climbing over the fence, running to catch up to the herd. Curious as why the herd is moving in the same direction, you maneuver yourself toward the center of the herd. What do you think that the cow in the center of the herd will respond if you were to ask it a question? Why are you walking in this particular direction?

MOOOO!!! Cows cannot speak but people do. I am moving in this direction because everybody else is.

Too many people are influenced by their surrounding herds. Forex trading is not as easy as people think. Everyone is influenced by greed, fear and lack of discipline. Automated trading will remove their emotions; however, people are still required to find a trading system with an advantageous risk to reward ratio. Wealth accumulation takes time and looking for 100% return a month is just pure gambling.

Do you agree with my statements?
Uczestnik z Apr 20, 2010   6 postów
Jul 28, 2010 at 23:45
I agree, the 'COW' example models crowd behavior really good ... such as FX market is partly controlled by peoples emotions, thats why people say fx market is like 70% psychology ...
Sooner or later, but it will work.
Uczestnik z Jun 23, 2010   303 postów
Jul 29, 2010 at 05:47
July 28 Update

Sorry for the late update as I just got back from the tennis courts a few minutes ago. I hope that everyone is taking advantage of the summer weather. Let’s talk about Leah system today.

On July 23, 2010 at 17:00, Leah’s subsystem 8 entered the EURUSD buy trade at 1.28166 with a stop loss of 100 pips and a take profit of 240 pips. This trade is current floating with 194 pips profit. This is one of the reasons why I would pick an expert advisor over an indicator in a heart beat.

With an indicator signal, you may say that I could have entered here and then could have exited there. All of your comments are wishful thinking because it is easy to look at a historical chart and say this or that. With an expert advisor, I say that it enters here and here is its target. There is no confusion, no wishful thinking because it is backed with facts. Look at the order number and the trade level on the chart.

Presently, Leah also has three open sell trades and one additional buy trade. Leah and Jasmine have been doing well for the last two months; hence, I expect them to slow down in August. It is best to enter a good automated trading system when it is going through a period drawdown and not when it is on a winning streak. It is counterintuitive – think of the herd mentality and do the opposite. Here you are not doing the opposite for the sake of being opposite but with a strategy.

See attached chart.





Załączniki:

Uczestnik z Jun 23, 2010   303 postów
Jul 31, 2010 at 00:24
Hi Guys,

Here are the results for July 2010 of my five trading systems.

Haley: +557 pips with 61 closed trades.
Jasmine: +974 pips with 91 closed trades.
Leah: +884 pips with 80 closed trades.
Mellisa: -1,073 pips with 88 closed trades.
Sienna: -463 pips with 121 closed trades.

Overall, we are up +879 pips for the month of July. 😀
Uczestnik z Apr 20, 2010   814 postów
Jul 31, 2010 at 00:49 (edytowane Jul 31, 2010 at 00:50)
Do all your EA is trading using Fix Lot of 0.10Lot = $0.10 ?
Is the total earn this month is $879 ? And minimum initial deposit require for each EA is 1k ?
So calculation of ROI = 879/5000 = 17.58% ?

Does my calculation correct ? Err.. your EA also got trade other pairs, so the ROI can said as estimation only.
Maybe you can calculate exactly how much each EA earn in $.

Information is Gold when come to organised.
Uczestnik z Jun 23, 2010   303 postów
Jul 31, 2010 at 04:35
ForexSeeker, the calculation is done in terms of pips. The EAs are trading one pip = $1, and we are not compounding.

It is best to use ROI based on yearly results and not monthly results. ROI based on monthly results are created by marketers and scammers. We are targeting 40% ROI for each EA per annum. Last year, the average ROI for each of our EAs was 28%.

In reality, traders can increase their risk to obtain higher ROI, i.e. 120% per annum. This means that they will have to trade one pip = $3.

Let's say that you only have $5,000, and you want to trade each EA with $1K. In this case, one pip will be $0.10. Some people are not happy with $2,000 (40% ROI) after one year; hence, they may want to increase the lot size, i.e. 1 pip will be $.30. (using 0.3 lot). This will mean that they may be able to obtain $6,000 after one year; however, their risk of drawdown will be higher.

Risk and reward go hand-in-hand and there is no way to get around it. Unless you are the owner of a casino where the house always has an advantage over its players.
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