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- Pip Counts are Irrelevant
Pip counts are completely irrelevant. Report your return on account balance as either a daily ...
- Jason replied Aug 13, 2007
I don't think I am an expert but I have worked in this way for a while and have spoken to a couple of people I would call experts over the past three years. My currency pairs are structured to provide a balanced exposure to USD,GBP,JPY,EUR. They all ...
- Jason replied Aug 13, 2007
It is more than a workable concept...it is a reality. Simplistically, all you need is positive expectancy, reasonable capitalisation, some time and help with the programming/database and then, after project completion, the discipline to not touch ...
- Jason replied Aug 13, 2007
I trade using a fully automatic system. It actually trades four currency pairs using two different strategies via a broker API. The 'system' runs independantly on a server. I am certainly no great heroic trader nor a fantastic programmer but I ...
- Jason replied Jun 8, 2007
Maybe a contributing factor for SeekingLight was a stop loss that was too tight?
- Jason replied Jun 1, 2007
I think that the only way you can make a worthy comparison like this is to simultaneously analyse an identical longer timeframe for all currency pairs considered. Then you can select an appropriate weighting to give to any one currency based on it's ...
- Jason replied May 31, 2007
The 55 period SMA of equity, when one period is one trade, can be calculated easily within the automated system and then the appropriate risk applied. If you keep a record of equity curve per trade (or cumulative daily % which I think is preferable ...
- Jason replied May 31, 2007
My method of reducing the equity damage with extended periods of drawdown (in the order of six months - this does happen) is to automatically reduce the risk per trade to 50% of normal (say 1% per trade instead of 2%) when account equity falls below ...
- Jason replied May 31, 2007
I had this exact problem with my system. Initial drawdown varying between 10% to 20 % on initial account equity for the first six months but the backtesting expectancy was positive the risk control was tight and now, 3.5 years later with the same ...
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