- 31 y/o Investor/Trader/Programmer
- Last Online:
- Jan 17, 2022
- Using Local Time:
- Joined Forex Factory:
- Jul 2007
Input by Ronald Raygun
- Trading From:
- United States
- 31 years old
- Fx Trader
- Trading Style(s):
- Automated Systems, Quantitative Analyst, Technical Analyst
- Trading Philosophy:
- Buy Low, Sell High. Period. The trick is to define what low and high mean.
- Markets Traded:
- Bonds, Equities, Forex
- Contracts Traded:
- Spot, Options, Futures Options
- Coding Proficiency:
- MetaTrader 4, Other
- 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.
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:
- Counter Trending
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.
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