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Ronald Raygun's Avatar Ronald Raygun
21 y/o Investor/Trader/Programmer

Last Activity 8 hr ago  
Member Since Jul 13, 2007

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4,240 Posts (2.40 per day)
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101 Threads Started    20
4,139 Thread Replies    375
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About Ronald Raygun
I was bored one day, so I played around with photoshop and made myself an iphone-icon style picture.


I can code EAs and some indicators...I also have black hair.

Ok, more serious stuff.

I placed my first demo trade when I was 14. I was bored in the freshman-mandatory learning center in school and had been trading those stock market simulators. The problem was that those stock market simulators were 20 mins delayed and I simply didn't like that. I needed more action. That's how I stumbled on the quicker pace of the forex market.

Fast forward three years: I had lost 3.1 billion in demo dollars gross, and had finally turned a profit. What saved me? I accelerated my education by using all sorts of trading simulators so I could trade on the weekends. And I guess that's what helped.

I placed my first live trade November 7, 2007. On GBPJPY, with $200. By November 20, 2007, I had turned that $200 into $20,000. All through an EA. I lost a good chunk of it the following week largely because of the thanksgiving holidays, and went back to $2000. It took me three months to get back to $20,000, and I've never fallen below that since.

Here's a tip for the newbies who are learning to trade.

Ignore all that hype for various systems. Remember--for now--this one fundamental rule: The exit is more important than the entry.

With that in mind, I want you to do the following on a demo account:

1) Toss a coin: Heads long, Tails short
2) Manage the trade as you see fit. If you think the trade is bad, exit.
3) When you exit a trade, go back to step 1.

If you can double your account in less than 50 flips, I consider you a good enough trader to go live. I personally average between 20 and 30 flips, and I do it once a week, on the weekends, trading simulated data.

Simulator: (http://www.forexfactory.com/attachment.php?attachmentid=89818&d=Feb%2025,%202008%208:18pm)


Try it. It helps, LOADS.



Some of you have been asking how I trade, so I might as well put it here.

I trade with 37 different systems, 34 of which use an EA, and 32 of those EAs can be found here on ForexFactory. Those EAs are split into six categories:

- Trending
- Counter Trending
- Ranging
- Scalping
- Breakout
- News

I turn EAs on and off based on how I see the current market. It's that simple.

If you plan to PM me, consider the following:

Why are you PMing me? Can your question / request be answered on the forum?


For those that want to talk with me in person, you certainly can call me at (914)-ANY-TIME

I am not interested in chit-chat. I prefer discussions regarding system/trading methodology. Particularly exits, and machine learning.

If I don't answer and you do decide to leave a voicemail, please also leave a call-back number so I can reply!!!

This is not a help line.

I do not provide decompiling services.

Do not call me to ask questions about how to use an EA, indicator, or script.

Do not call me asking for trading signals.

Do not call me promoting your system.
Age 21
Country United States
Occupation Fx Trader
Trading Specs
Trading Experience More than 5 years
Trading Style(s) Chartist, Quantitative
Preferred Trading Strategy/System(s) I trade with 37 different systems, 34 of which use an EA, and 32 of those EAs can be found here
Preferred Currencies USD, CAD, GBP, EUR, CHF, JPY, AUD, NZD
Preferred Trading Platform(s) Metatrader
Preferred Broker(s) Any which accept me.
Other Markets Traded US Stocks, Bonds, Options, Futures
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Comments
  1.  
    Dec 8, 2011 6:58pm
    Hey, I know you probably don't do this but I think this would be fairly easy but I have absolutely no idea.

    -Sell when Stochastic 14,3,7 crosses over 80 and buy under 20 (Pretty standard I believe)
    -Only sell if RSI 14 is over 67.5 or under 32.5 to buy (so both have to be in co-ordination to trade)

    Have an option in EA to change TP and SL's but also include a trailing stop which I can edit.

    Hope that is fairly simple,

    thanks you so much for any help.
  2.  
    Dec 4, 2011 8:29am
    Great man , you can perhaps double your account several times a day...

    "If you can double your account in less than 50 flips, I consider you a good enough trader to go live. I personally average between 20 and 30 flips."
  3.  
    Jun 26, 2011 7:23pm
    from the performance, it looks like you kept losing money!
  4.  
    Feb 20, 2011 11:23am
    If I simply flip the coin like that, after 50 flips that coin is going to be the only money left

    GL and thanks for everything... I'm gonna check out that coin flip thread and ECN autodetect, looks interesting.
  5.  
    Jan 1, 2011 9:15pm
    Trade simulator rocks! Thank you very very much!
    I just can't understand one thing about coinflip if I flip it, but I am against the trade from begining, should I open and close immediately, or wait for "better coinflip result? Or open trade without coin?
  6.  
    Jun 24, 2010 8:15am
    You truly are a big inspiration from what I've read. All the best!
  7.  
    May 18, 2010 1:04am
    @__UnknowN__ Yes to the first, no to the second.
  8.  
    May 15, 2010 1:27pm
    @amirbahal, I don't speak or read Persian at all, here's what google translate says: "Interesting, I find a value smaller range Mlkrdtv to focus more concrete results than the market take luck" Could you please clarify? آیا می توانید لطفا توضیح؟
  9.  
    May 8, 2010 5:27pm
    @Trad3r I generally trade off of 1M and tick charts.
  10.  
    May 8, 2010 4:59pm
    Thank you for the trading simulator and the lesson of the coin flip, it is helping me too much to know why I lose and change my strategy to become a profitable trader. Just a question, what timeframe do you prefer to trade? Thanks.
  11.  
    May 4, 2010 9:39pm
    Lolpie, As many trades as possible, but statistically, you really need 30 as an absolute minimum.
  12.  
    May 4, 2010 3:38pm
    جالبه ، به نظر من یک مقدار بازه عملکردتو کوچکتر کن تا با تمرکز بیشتر بتونی بهتر از بازار نتیجه بگیری موفق باشی
  13.  
    Mar 2, 2010 10:22am
    I looked at your new Success Quotient thread...since I can't post there, I will ask here: how many trades before you can get accurate numbers for average wins and average losses? 100? 50?
  14.  
    Dec 8, 2009 8:19pm
    It's funny how haters swarm around good hearted, successful people. I've seen some very insulting comments here and wonder why...he's done nothing but try to help - more than anyone else I know on this forum. Crap like that means you're doing something right...and someone's going swamp-green with envy. Hats off Ronald, and all the best. And oh - insulting him ISN'T gonna make your life any better.
  15.  
    Dec 5, 2009 3:59pm
    500:1
  16.  
    Dec 3, 2009 3:53am
    I got a question about your coin-flipping exercise. How much leverage are you using?
  17.  
    Nov 14, 2009 2:12am
    RR is a young Einstein of forex, a legend here at FF, and very possibly the next Jim Simons. (Anybody who can make any kind of profit from a million coin-flip entries, let alone doubling an account within 50 flips, has achieved something (an edge from exits) that I'd satisfied myself was totally impossible. Hence I'm hereby consigned to a lifetime of demo).

    There are two qualities that I really envy: genius, and an opportunist audacity. People are either born with these gifts, or they're not; they can't be acquired through any amount of hard work, training, or money. From what I can tell, Ron possesses both of them in spades.

    Programming is science; trading is art; and RR is successful at both. And on top of all this, he is generous, courteous and humble.

    Keep up the great work, Ron. I look forward to reading about your exploits in the future.

    All the best,
    David
  18.  
    Oct 3, 2009 6:30am
    Ronald, If you were a struggling artist, I would be buying up all your artworks, as fast as I could. Not because I am a patron of the arts, but because I recognize a Renoir in the making. You are simply amazing, I was the first to vouch for you and am honored to have done so. Regards, Scott
  19.  
    Jul 14, 2009 8:03am
    Congrats RR...well deserved...
    ohh. Leon, u dont sound jealous at all lol...weren't u the guy insulting Phillip nel a few months ago.....pretty pathetic...people like u are so see through......get a life loser..
  20.  
    Jul 13, 2009 10:43pm
    RR is a cunt.


    (honestly, im not saying this because im jelous )
  21.  
    Jul 12, 2009 4:58am
    OMG ... 'If you can double your account in less than 50 flips, I consider you a good enough trader to go live. I personally average between 20 and 30 flips, and I do it once a week, on the weekends, trading simulated data'

    I just proved that I'm absolutely crap at forex trading! No wonder I have lost so much money ... $14,000 NZD over 5 years of attempts in live accounts!

    Anyway ... I like what you say Mr Raygun ... I have been a programmer since 1983 .... hmmm .... 26 yrs! That is my day job. I really want to excel at forex. I really enjoy programming and have often said to other people ... 'all this and money too' ie it often feels embarrassing to get payed for something you enjoy so much.

    I see this forex and EA programming a good fit for what I enjoy. Hopefully I can do this to make enough to support my family. I'd love to be like you and also support the community here.

    Good on you ... you are an inspiration to us all.

    cheers
    Rob
  22.  
    May 19, 2009 4:26pm
    Blue4Oil...

    If you look through any of my EAs, you'll notice similarities in the programming structure. The main thing which changes between EAs is the "Variables" section.
  23.  
    May 5, 2009 10:28pm
    Hi Ronald. I am new to metrader but am slowly trying to understand programming EAs. Can you recommend any open source EA examples so I can understand better how to code them? I see your name all over these forums, keep up the good work.

    Dinesh
  24.  
    Dec 9, 2008 7:11pm
    Thats cool that you are 18 and you are trading. I am 19 and in college and started to learn forex//
  25.  
    Sep 24, 2008 1:04pm
    I agree with the comment at the bottom of this page by femzy112, you are a nice dud.
  26.  
    Sep 14, 2008 11:57am
    Thanks for the contribution of Free EA's and Indicator's, I wish you develop your reputation and earn a truckload of cash from coding n trading!

    Young 18-yr old productive guys like you are an inspiration to us oldies
  27.  
    Sep 5, 2008 12:31am
    Ronald's alright.

    The previous comment makes me want to puke. He's no God-send, people.

    Ron, I've enjoyed your input in the threads. Why do I feel like I'm signing a yearbook? I don't even know you.

    Weird.
  28.  
    Aug 12, 2008 10:03pm
    A wonderful, rigor, and brilliant trader. He is able to overcome the austerity of the market with innate abilities to understand what a trend is. Hopefully, we will see him as an inspiration when he'll be on the cover of Forbes magazine. It's like the ghost of Richard Donchian has arisen from his body and made its way to Ronald Raygun!
  29.  
    Jul 2, 2008 8:48pm
    I agree 110% with all previous comments. There aren't that many who will go to the extent this young man would to help out. Truly deserving of all praises heaped upon him.

    Keep up the good work and may you be rewarded with tons of pips for your generosity.

    G
  30.  
    Jun 25, 2008 2:32am
    I think he's doing more than his age....
    Ronnie is a nice dud to share views with....
  31.  
    Apr 27, 2008 7:01am
    This young man is going to be a trading star.... Watch this space