In the long run, you'd probably have better luck collecting the carry on USD/ZAR without blowing up, than creating an EA that actually lasts.
Is opposite of losing strategy a winning strategy? 21 replies
Close Losing Position, Set Trailing Stop to Winning Position 2 replies
Change a losing system into a Winning system 68 replies
Script/EA to balance losing trades agianst winning trades 23 replies
Scaling: In/Out. Winning/Losing 45 replies
DislikedYou hope they have a good run before that time, and get your money back out. If you happen to start at the wrong time, the account can get blown.Ignored
DislikedI don't have enough confidence in fibs to trade them, and don't believe 300 pip drawdowns are "OK". Also, if a support or resistance is pierced but it doesn't hold, that's a strong signal to trade the other direction, not enter in the direction of the breach.Ignored
DislikedHello friends,
Nothing has changed here. I look at the trading platforms long enough to see how the EA's did that day. Really a person needs to start them up, then walk away for a month or a year. Yes, I'm trading a couple with real money. Don't ask, they don't belong to me, I do some programming for a friend that seems to be good at coming up with strategies.
One of them turns 1 into 40 from 1/1/08 until 8/15/08. Then 40 turns back into 10 in one week. Still not too bad. Unless you started a week or two before that week! That's the thing about...Ignored
DislikedPS. Buy low, sell high, right?
What's low now? Real estate. We know things go in cycles, and houses can't possibly stay this low. Just as the bubble raised prices artificially, now the burst has lowered them artificially. Builders aren't building, houses are being abandoned to the elements... but teenagers aren't just disappearing. They'll need houses in 5 - 10 years.
Interest is low, houses are cheap, rent is as high as ever. Do the math. I mean really do it.Ignored
DislikedDo he math? How about an over-supply of housing that the bubble brought on. How about those not even counted by the general market that banks are holding onto. Once those get dumped onto the open market... good night.Ignored
Disliked3. How can there be an oversupply of housing? Where did all those people go? (answer: they're tenants. They do live somewhere.)Ignored
DislikedBlueruby,
I have a friend who started buying cheap section 8 housing in Boston in the late 80's. All multi-units in need of work, in tough neighborhoods, but the gov't pays the rent every month.
The last time I was in Boston was in 2002. He controlled over 50 buildings by then and he started cashing in on them by selling them one at a time. He was fully out of the market by 2006. He's worth a lot of money now, probably more than any of us will ever see.
Go for it.Ignored
Disliked
Don't even try to argue my figures, I'll delete your post. You've read enough of my posts to know I'm not a bullshitter.
Ignored
DislikedYou can still be wrong and not be a bullshitter. But in general that's a great attitude: If you disagree with me, I'll delete your post.Ignored
DislikedMore like, "if you lie to me, I'll delete your post".
You pretend to know what you're talking about, offer nothing positive, even though you know nothing of what I'm doing, what market I'm in, what strategy, who I'm working with, etc.
That's almost as ridiculous as being president when you've never even run an ice cream stand!
Like I said before, no matter what a person endeavors, there will be the naysayers, the chicken littles.Ignored
DislikedI wish I had done this sooner. I put these together yesterday and I think I'm really gonna love them.
They are to be placed in the scripts folder.
Use:
Enter in your stop in pips and your risk % (% of account equity that you want to risk on this trade) and it calculates position size, asks for confirmation (if set true), and opens a trade. This is a script, so it stops executing right there, and you will have a normal order which you can modify as you normally do.
If the trade hits the stop, you will lose the % of your account equity...Ignored
DislikedDo he math? How about an over-supply of housing that the bubble brought on. How about those not even counted by the general market that banks are holding onto. Once those get dumped onto the open market... good night.Ignored