1)Good example of what it could be on the day I will let the system trade freely!
2)Maybe I should let the system hold this kind of parties more often, on more pairs.
- #25
- Edited Aug 2, 2017 2:14am Aug 1, 2017 2:20pm | Edited Aug 2, 2017 2:14am
Future Simulator (https://www.mql5.com/en/signals/236660) - July 2017
Profit: 700 Eur, 12.62%
Trades: 1088
Hard month to keep the equity above the deposit level, all the profit went in dd, seams that the system works for the dd ...
Summary:
- the capital was increased.
- dynamic profit on trades with high accuracy, reduced it to max 0.05 after an attempt to max 0.10.
- different changes and updates to increase the number of trades, kept the same level of risk.
- start-up of an way out system, ongoing but still at a start-up level.
- changes on the trade closing system.
- manual actions to limit the exposure and have a way out from the problematical trades.
Two new trading pairs: GBPCAD and GBPNZD? No, just two manual trades. I could trade more pairs, any pairs, but not a priority for now.
In the last days of the month I was looking to give up some of % growth in exchange of trades with bigger volume. The % growth is practically a fake profit while the dd is present, equity matters. I haven't manage to give up much.
In the last day of the month, the market moved against my trades and due to that I decided to cancel my profit/trade exchange plan.
Trade for the future!
The profit in July was quite big compare to the other months. Therefore, in the last day of the month I blocked about 70 Eur with the intention to close it on the next month - so that the next month % profit looks good too. Smart no? ...
More than that, as I was saying, the market moved against my trades so I added a few more trades. Today I closed first the profitable trades, later in the day the market had some retrace and I closed the other trades.
Yes, but in this setup there is spread and swap to pay! True but I am not making a pip inventory at this moment. Surprisingly, most of my trades are having positive swaps resulting in less than 5 eur swap payout since the beginning. The commission that I pay for the spread is high. A part of it I get it back from rebates. I could trade in a similar way in a different account type too.
1st of August profit: 224 eur.
With the new set of changes I added to initiate new trades there are moments when the system is opening trades in both direction. It's not something wrong, the market is not decided where to go, it is moving up and down, the system takes profit from both directions. I don't think I will add direction exclusivity if the pair if not having problematic trades but I should add some optimizations... reschedule the opening of the trades, create some trade queues, check if the trade is still valid to be executed ... a new nice thing to add to the system.
I could have several times more trades if I lower some risks. The pair USDJPY trade for a day like so and it was a pure trade invasion, good trades also. I am not evaluating those trades yet, I could do it too.
As most of the traders are looking to buy low sell high and reverse, I look to do the same thing, my way.
Why way out system is still ongoing?
During a fly I put on paper some ideas. A few more days later I lost the paper for a few seconds and someone gave it back to me. Was it a sign? What kind of sign?
I am not yet decided upon the approach I should have. I look to limit the trade volumes during the way out, I might change the dynamic trade volume I currently apply with something that will facilitate the way out from the loosing trades. A lot of mind trading (see Next (http://www.imdb.com/title/tt0435705/) movie).
I have thoughts to stop it all, I know why I keep on doing it, I might write about it in a future post.
Profit: 700 Eur, 12.62%
Trades: 1088
Hard month to keep the equity above the deposit level, all the profit went in dd, seams that the system works for the dd ...
Summary:
- the capital was increased.
- dynamic profit on trades with high accuracy, reduced it to max 0.05 after an attempt to max 0.10.
- different changes and updates to increase the number of trades, kept the same level of risk.
- start-up of an way out system, ongoing but still at a start-up level.
- changes on the trade closing system.
- manual actions to limit the exposure and have a way out from the problematical trades.
Two new trading pairs: GBPCAD and GBPNZD? No, just two manual trades. I could trade more pairs, any pairs, but not a priority for now.
In the last days of the month I was looking to give up some of % growth in exchange of trades with bigger volume. The % growth is practically a fake profit while the dd is present, equity matters. I haven't manage to give up much.
In the last day of the month, the market moved against my trades and due to that I decided to cancel my profit/trade exchange plan.
Trade for the future!
The profit in July was quite big compare to the other months. Therefore, in the last day of the month I blocked about 70 Eur with the intention to close it on the next month - so that the next month % profit looks good too. Smart no? ...
More than that, as I was saying, the market moved against my trades so I added a few more trades. Today I closed first the profitable trades, later in the day the market had some retrace and I closed the other trades.
Yes, but in this setup there is spread and swap to pay! True but I am not making a pip inventory at this moment. Surprisingly, most of my trades are having positive swaps resulting in less than 5 eur swap payout since the beginning. The commission that I pay for the spread is high. A part of it I get it back from rebates. I could trade in a similar way in a different account type too.
1st of August profit: 224 eur.
With the new set of changes I added to initiate new trades there are moments when the system is opening trades in both direction. It's not something wrong, the market is not decided where to go, it is moving up and down, the system takes profit from both directions. I don't think I will add direction exclusivity if the pair if not having problematic trades but I should add some optimizations... reschedule the opening of the trades, create some trade queues, check if the trade is still valid to be executed ... a new nice thing to add to the system.
I could have several times more trades if I lower some risks. The pair USDJPY trade for a day like so and it was a pure trade invasion, good trades also. I am not evaluating those trades yet, I could do it too.
As most of the traders are looking to buy low sell high and reverse, I look to do the same thing, my way.
Why way out system is still ongoing?
During a fly I put on paper some ideas. A few more days later I lost the paper for a few seconds and someone gave it back to me. Was it a sign? What kind of sign?
I am not yet decided upon the approach I should have. I look to limit the trade volumes during the way out, I might change the dynamic trade volume I currently apply with something that will facilitate the way out from the loosing trades. A lot of mind trading (see Next (http://www.imdb.com/title/tt0435705/) movie).
I have thoughts to stop it all, I know why I keep on doing it, I might write about it in a future post.