A very wise man once told me accept that other people have different opinions to yours
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Successful Trading & Determining the Probability of a Trading System 10 replies
Has anyone ever seen this error message? 2 replies
SwissFXBroker (SFXB)--has anyone ever used them? 39 replies
Anyone ever seen a 'move to breakeven' script? 3 replies
New trading system hard to completely follow... anyone ever have this problem? 0 replies
DislikedOK, it's time for me to ask the big question! For over 3 years, I've been trying to find a long-term successful strategy in Forex, but in vain! When I say 3 years I am talking about something like 5 to 10 hours a day!!! In a way, I've wasted 3 years of my dear life that God has given to me. I am one of the best computer programmers you can see in your life; I'm absolutely good when it comes to mathematics and statistics/probability theories. I have tested hundreds of different strategies (both maniacal and manual). I know all the possible answers...Ignored
Disliked{quote} I dont show my real accounts to nobody .. I dont need too.. also.. this system.. is very boring..and not my best one..Ignored
DislikedYou will start winning when you accept that you are gambling, accept the fact that you are a gambler and try to benefit from luck. There is no skill involved in trading. Keep dissecting your charts until you loose a kidney. I've seen people turn gray hair in their 30's because of charts. One friend of mine just last month suffered a heart attack , he had to my understanding lost all his money plus other people's money. I have come to one conclusion after 7 years in this business: 1. Charting doesn't work. You can isolate an instant where a pattern...Ignored
Disliked{quote} Yes trading is stressful. Yes most traders lose money. If you are trying to guess the price direction without systematic approach and strict rules you are gambling. This is what you and your friends have done. What I have done is to find long term profitable systems and combined them in to portfolio with low correlation {image} The only way to make long term profits from the markets is to exploit inefficiencies by trading systems with proven statistical edge. This is exactly what the casinos are doing.Ignored
Disliked{quote} Strategyquant + Quantanalyzer to build the portifolios? Give me a break.... Don't waste your time Those curves look great until you set them up on an account.... Creating curves like that on SQ/QA is no problem, i can show you hundreds, problem is they don't work in real life no matter how much correlation, forward tests outside your backtest period, montecarlo test, matrix backtest you do on them... It is all curve fitted backtest results! Why don't you add your Drawdown histogram to that chart?Ignored
QuoteDislikedPlus, who the heck wants to trade with 200 days stagnation period(meaning your account doesn't grow) and 30-40-50% DD?
Disliked{quote} I am using QA to combine strategies. Az you probably know you can upload data from different sources not only from SQ. Most of the strategies I use are not build with SQ or similar products, they are programed and developed manually. My live trading results match my back tests and I have years live trading history for some of this strategies from the chart above. {quote} This is the reality of a real live long term profitable trading. Either this, or you are part of the other 99% that start threads like this one. I am almost certain you...Ignored
Disliked{quote} If your strategies are programmed and developed manually then it is probably better than what SQ creates... If you think what you show above is the only way to long term profitability, good luck! The account you showed is in stagnation since June last year... It doesn't impress anyone... If you go to darwinex and check results of good traders there you will see there are much better ways to profitability and consistency. Good luck with your stuff though As for me, I only trade manually, and for me it is a job, it needs to give me profits...Ignored
Disliked{quote} Yes the account I have showed is in stagnation, but it is one system and despise that it has 3 years live trading history and 200%+ return with ratio profit/loss of 9. I am sure there are better systems and results, and such are possible but I don`t see a lot that look better or are even closer to this in this thread or in this forum. I also have background of a professional manual trader. I have traded for Equity Prop firms on NYSE. And have extensive experience in the industry. Believe me or not, but the thing you expect will never happen....Ignored
Disliked{quote} I agree it can be an ungreateful job. There are multiple people I know personally achieving profits month in month out and it is possible if you're a day trader... I agree it is a lot harder if playing larger time frames and as the capital grows it becomes more difficult (that's one of the reason even guys as James Simons don't do it, the second reason is they are trading the long term economic picture, not intraday and the third reason is that these guys are really good at the game of using other people's money, large portion of their fortune...Ignored
Disliked{quote}The idea that somebody with few thousand can be better trader than the professionals and make money month after month, consistently like taking a salary is one of the biggest lies in trading. You will see.Ignored
Disliked{quote} Can you share results from such trader with a track record longer than 2 years?Ignored
DislikedI will leave you with a single one... If you want to find more, go look for it, there are many similar to that out there.... Get working and you can do it too... start with your belief system.... But don't come with the non-sense that it cannot be done.. Since I talked about intraday there is one for you https://www.myfxbook.com/members/PT1...az-deo/3191722 Maybe the doubters in this place (95% - guess who is making the money? LOL) will say 4 yrs is not enough time....Ignored
Disliked{quote} Very good example. It is more than enough This is exactly how Myfxbook scam account looks like. This are exactly the type of risk accumulating systems that I was talking about. Shady brokerage company Unrealistic results, manipulated either with the help of the broker (usually) or with the account balance Gain +10529.75% Abs gain +497.84% And another similar from the same guy, guess what happen and why he stooped updating. {image} I will help you, this is how this how all this systems end, when the vendor of the system didn't stop updating,...Ignored
Disliked{quote} The size of your account has nothing to do with your skills! Or Microsoft, Google, Amazon, Apple wouldn't exit, these are the biggest examples, there are thousands.... we live in the age of the information my friend... People start from their kitchen table and become the richest in the world... But hey, good luck with your belief in yourself and your abilities. {image}Ignored