Forex Growth Bot

Mức sinh lời : +2644.71%
Mức sụt vốn 94.46%
Pip: 8075.5
Giao dịch 2881
Đã thắng:
Thua:
Loại: Thực
Đòn bẩy: 1:200
Giao dịch: Tự động

Forex Growth BotThảo luận

Dec 20, 2010 at 23:46
254,497Lượt xem
3,525 Replies
Tham gia từ Oct 13, 2010   21bài viết
May 08, 2013 at 02:06
better wait until next month. euro will not trending until ... 😇
Tham gia từ Mar 28, 2011   84bài viết
May 08, 2013 at 05:02
elizo posted:
There is a thing called cost of opportunity and risk-free rate of return. Markets defend themselves to be exploited massively by not allowing consistent returns above a reasonable level, not too far away from that rate. Go and check Barclay Hedge CTA Index for notions about where are those levels. And no, to stay on this business for a long time you cannot expect yearly compounded returns above 20% consistently.

For those lazy boys: http://www.barclayhedge.com/research/indices/cta/sub/cta.html


Boy that was nice info to find out.
That curve reminds me of something I've been following (paper only) for some time.
http://www.estlanderpartners.fi/sijoitustuotteemme/varainhoitotuotteemme_alpha_trend

Consistent returns about 11% pa. for 20 years.
What do you care if you have few loosing *years*!
In the long run you are really profitable but i just takes a little patience and hopefully it was your parents that started investing when they were young to have the profits flowing in 😀

Its really easy to forget that you can be lucky only for a short time and you can't avoid laws of probability.
Tham gia từ Mar 20, 2010   52bài viết
May 08, 2013 at 05:54
This 42% draw down we've had thus far is the biggest in the forward life of the account, and I believe it represents too much heat for too many its loyal followers. EA adherents usually bail on EAs that exceed the 25% draw down mark, and while many have no doubt stuck with this EA because of its historical record, the 40% DD figure is a new level of pain that has probably forced a sizable percentage of its loyal base to disable it.



Tham gia từ Jan 26, 2013   72bài viết
May 08, 2013 at 06:30
I'll tell you one thing...I'm in it for the LOOONG Haul...but I'm now considering decreasing my lot size that's for sure...
Tham gia từ Oct 05, 2012   38bài viết
May 08, 2013 at 06:30
if you are in doubt; wait for the equity curve to recover before you get in.
Tham gia từ Mar 01, 2010   6bài viết
May 08, 2013 at 08:27
petays posted:

Boy that was nice info to find out.
That curve reminds me of something I've been following (paper only) for some time.
http://www.estlanderpartners.fi/sijoitustuotteemme/varainhoitotuotteemme_alpha_trend

Consistent returns about 11% pa. for 20 years.
What do you care if you have few loosing *years*!
In the long run you are really profitable but i just takes a little patience and hopefully it was your parents that started investing when they were young to have the profits flowing in 😀

Its really easy to forget that you can be lucky only for a short time and you can't avoid laws of probability.


Correct. I'll tell you something: to me, this bot is valid. Signals are as good or bad as any EV+ strategy. Profit Factor is still around 1.15. What is wrong is to follow the same money management approach. This risk management is clearly wrong, and it will show that in the long term.

I would apply a fixed ratio money management programme. Of course, results wouldn't be so special, but still would be good. You have to bear in mind that this program has generated +6671 pips since its inception. This year is suffering clearly the worst streak ever, and it's still only -92.90 pips down!! So imagine being extra humble and just risking a fixed lot size all the time...

Tham gia từ Sep 30, 2011   68bài viết
May 08, 2013 at 11:21
there is no need to improve MM here, it is better to use RV
Tham gia từ Jan 21, 2013   7bài viết
May 08, 2013 at 11:21
elizo posted:
Correct. I'll tell you something: to me, this bot is valid. Signals are as good or bad as any EV+ strategy. Profit Factor is still around 1.15. What is wrong is to follow the same money management approach. This risk management is clearly wrong, and it will show that in the long term.

I would apply a fixed ratio money management programme. Of course, results wouldn't be so special, but still would be good. You have to bear in mind that this program has generated +6671 pips since its inception. This year is suffering clearly the worst streak ever, and it's still only -92.90 pips down!! So imagine being extra humble and just risking a fixed lot size all the time...



Bingo! Now we are talking about the same:

(EV+ strategy) + Capitalization + Right_Pip_Value + Time + Patience - Forums = Trading for a living
Tham gia từ Jan 21, 2013   7bài viết
May 08, 2013 at 11:22
cgasucks posted:
I'll tell you one thing...I'm in it for the LOOONG Haul...but I'm now considering decreasing my lot size that's for sure...


So, you are in it for the LOOONG haul. That´s pretty good.

But then, I don´t understand why you are trading with an intraday bot. Unless you were a big shareholder of your broker.

Tham gia từ Jan 10, 2013   5bài viết
May 08, 2013 at 14:00
It's not looking good for all of us, those that are using fgb and I decided to deactivate it for now cause that is just too much. 😕
Tham gia từ Oct 28, 2009   1409bài viết
May 08, 2013 at 14:10
Just ensure you don't turn it back on after you see a winning streak, as that's the fastest way to lose money ;)
Best regards Steve
Tham gia từ Mar 28, 2011   84bài viết
May 08, 2013 at 14:30
stevetrade posted:
Just ensure you don't turn it back on after you see a winning streak, as that's the fastest way to lose money ;)


I agree with that.
There was almost 40% DD previously so it was not a suprise that it happened again.
It just doesn't seem threatening on the chart but I believe it was as shocking then as it is now.

I have made same mistake with my riskier Zulu traders too many times because their statistics are too short and suddenly they took twice as big loosing streak as before just after I have started following them hoping for good gains.
I have noticed this pattern the hard way 😭
If you jump in you have be prepared for the ride for a long time to see the profits.
Tham gia từ Mar 20, 2010   52bài viết
May 09, 2013 at 00:23
I'm one of those who deactivated FGB when it fell below its equity trendline of $7000, and I'm going to sit out and wait for it to reach back to that trendline before I re-enter again.



Đính kèm:

Tham gia từ Feb 12, 2011   10bài viết
May 09, 2013 at 03:12
Considering this bot is using MM it should be a curve, not a line.
Tham gia từ Oct 05, 2012   38bài viết
May 09, 2013 at 05:33
losing 40% means you have to make 80% to recover the 40% loss. we are here for the long haul; it will take at least few months to get to breakeven.
Tham gia từ Mar 01, 2013   25bài viết
May 09, 2013 at 09:19
scalptastic posted:
losing 40% means you have to make 80% to recover the 40% loss. we are here for the long haul; it will take at least few months to get to breakeven.

only if you change the lot size by the decreasing equity curve, otherwise not.
Tham gia từ Apr 13, 2013   8bài viết
May 09, 2013 at 11:26
My wife always was skeptical about of making money in Forex. She used to say, "if Forex is so profitable activity, why there is not full of millonaire people living of that? or " if a developer make a profitable robot why selling it instead of making money using it in the market? Now I have found the response to both questions..
advisory
forex_trader_114150
Tham gia từ Feb 28, 2013   12bài viết
May 09, 2013 at 11:51
scalptastic posted:
losing 40% means you have to make 80% to recover the 40% loss. we are here for the long haul; it will take at least few months to get to breakeven.


I'm afraid recovery is very unlikely for clients that started within the last year. At the rate of decline, 80% recovery would be a miracle in 6-12 months.
Tham gia từ Jan 22, 2012   9bài viết
May 09, 2013 at 13:48

40% loss requires 67% to recover.

Two full size trades in the right direction and we would be more than half way there.
Tham gia từ Mar 01, 2013   25bài viết
May 09, 2013 at 13:48
now, the critical moment is here

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