I am currently rebranding into another name (goldenmember doesn't cut it) and will have a new website with links etc to managed accounts soon
keep us updated.
Since the last mt4 upgrades have caused me issues with my EAs, I am now looking in the near future to switch everything over to MT5 to avoid headaches on every upgrade (since I am sure that metaquotes are going to try and shift everyone over to MT5 with constant upgrades over the next year/couple of years). Unfortunately that will mean I will have to shift accounts and lose my trade record to start afresh. Once I get my EAs rewritten and find a good MT5 service I will be making the switch.
I understand what you are saying. Facing same problem here.All the best
This is an impressive performance! Do you offer a managed account service?
Thanks for the compliment. I am thinking of doing so, but there are some technicalities that I have to address before I go forward with that.
am impressed
I've returned the account to public but have decided to hide trade history and account balance for my own security. Although that might displease people, my own security (of concept and income) is of primary importance to me. I will allow the system to update at the end of each month to produce a monthly report as opposed to a day by day reporting.
I have been following your posts and trades here, I am very impressed. I am so confused at what strategy you utilize as you never speak to it directly, but what now confuses me further is that you were able to automate it. Good luck, your account is the only one with solid pips that ihave seen with very comfortable draw downs.
Automated trading takes my technical trading set ups and trades it at a low lot size so I don't have to be distracted by technical set ups while I trade longer term manual for larger sizes.
Amazing that makes sense. I read your recent posts where you explained your long term strategy and I thoroughly assume due to ppl like me bugging u constantly. My understanding is that you use supply and demand theory to assess where a certain currency would land. I will admit I am not good at this, but this where I got to, if I were to make this type of model, at the bare minimum for factors say I would assess the CDN to be dependent and oil gold and TSX to be independent variables, I could probably create a multivariate model although I have to figure out time frames and a scale to see how far back to lag these variables. I would have to repeat the exercise for the other currency which i would be pairing with cdn to trade the pair. But some basic stats also teaches me that these relationships may not hold true, some fundamental changes can alter this wherein comes the art part, and embracing uncertainty without being able to size it. Also what about correlation models do u suppose they would be different than these multivariate models.
The supply/demand/price triad is important, but its important to differentiate this from the Sam Seiden style 'supply and demand' which I do not agree with. In terms of independent variables from the USD (I assume that is what you are saying) I would say that gold and oil are more independent that currencies such as the euro but you will find its very difficult to model them because they have their own influencing factors. Correlation does apply as large scale divergences have reasons behind them but the correlation/divergence itself is no use without the reason behind it.
I am adding my automated system to my trading this weekend and will be making the account private for the near future until I am confident that my automated trades aren't affected by scrutiny.
Golden, I have been trying to see your history. I am a babypip member, and really trying to be profitable consistently... How did you manage to become one? I'm trading price action..