Looking for a strategy that DOESN'T make money! | Forex Factory

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Looking for a strategy that DOESN'T make money!

  • #1
  • First Post: Nov 22, 2018 9:45am Nov 22, 2018 9:45am
Hi guys.

Odd question.

Does anyone have an EA that doesn't make money but does fulfill the following criteria.

Fixed SL and TP
TP must be at least 5r
Max consecutive losses can't be more than 15

Thanks guys.
  • #2
  • Nov 22, 2018 10:10am Nov 22, 2018 10:10am
people are getting lazy as shit , know they even want help to lose money
  • #3
  • Nov 22, 2018 10:12am Nov 22, 2018 10:12am
Quoting STrading
people are getting lazy as shit , know they even want help to lose money
Haha.

No its ok just want to experiment with something.

Seeing if someone has something already made.
  • #4
  • Nov 22, 2018 10:17am Nov 22, 2018 10:17am
i just had to make that joke man, anyway im not into Ea so cant help you but good luck with your experiment.
  • #5
  • Nov 22, 2018 10:24am Nov 22, 2018 10:24am
Quoting STrading
i just had to make that joke man, anyway im not into Ea so cant help you but good luck with your experiment.
You know what mate it wouldn't surprise me though lol.
  • #6
  • Nov 22, 2018 11:11am Nov 22, 2018 11:11am
Are you trying to reverse trade?
  • #7
  • Nov 22, 2018 12:30pm Nov 22, 2018 12:30pm
yeah he is lol
he thinks he's the first xD
  • #8
  • Nov 22, 2018 1:02pm Nov 22, 2018 1:02pm
Quoting Aqwerk
Are you trying to reverse trade?
No mate.

I want to have a play with lot sizings.

I have a system that it works on upto 26 consecutive loosing trades. Just curious to see how different results will be with less consecutive losses.
  • #9
  • Nov 22, 2018 1:04pm Nov 22, 2018 1:04pm
Quoting valesch
yeah he is lol he thinks he's the first xD
There's always one isn't there. Assumes they know everything. This is a little side project for me. I enjoy running the math on this sort of thing.
  • #10
  • Nov 23, 2018 4:16am Nov 23, 2018 4:16am
Quoting Thebeard
{quote} There's always one isn't there. Assumes they know everything. This is a little side project for me. I enjoy running the math on this sort of thing.
You're on the right path. Takes a beholder. Keep up the hustle and grind.
  • #11
  • Nov 23, 2018 4:35am Nov 23, 2018 4:35am
I can't suggest an EA but if you follow dufas's advice you are sure to consistently lose
  • #12
  • Nov 23, 2018 4:39am Nov 23, 2018 4:39am
Quoting Thebeard
{quote} No mate. I want to have a play with lot sizings. I have a system that it works on upto 26 consecutive loosing trades. Just curious to see how different results will be with less consecutive losses.
Interesting. 26 consecutive loss at what RR those trades are? Playing with lot sizing means what some sort of martingale or increment lot size on each trades?

About strategies you can find lot by searching over internet. Most of the shared strategies are loser usually so why not pick one from them which has fixed sl & tp & bigger RR.

Regards.
How big can you think!
  • #13
  • Nov 23, 2018 5:59pm Nov 23, 2018 5:59pm
Can all the people who think they know it all, please prove to me that reversing a losing trade with a fixed SL/TP wont turn into a winner.

Prove it to me with hard evidence......dont just make an opinion.

I will happily wait to be proven wrong
  • #14
  • Nov 23, 2018 10:49pm Nov 23, 2018 10:49pm
Quoting Thebeard
{quote} No mate. I want to have a play with lot sizings. I have a system that it works on upto 26 consecutive loosing trades. Just curious to see how different results will be with less consecutive losses.
have you read posts by hanover? he talks about the fact that there is no edge in position sizing alone. so throw out the martingale, the grid, and all of the other position sizing 'tricks' you have up in your sleeve. it wouldn't work on a negative EV system.

but again, i'm just some random dude on a forum telling you this, so you probably don't give a siht and waste your efforts on this anyway.

good luck
  • #15
  • Nov 23, 2018 11:01pm Nov 23, 2018 11:01pm
Quoting Thebeard
Hi guys. Odd question. Does anyone have an EA that doesn't make money but does fulfill the following criteria. Fixed SL and TP TP must be at least 5r Max consecutive losses can't be more than 15 Thanks guys.
Yes, almost any EA that is publicly shared or sold by transcontinental tapeworms.
  • #16
  • Nov 24, 2018 6:42am Nov 24, 2018 6:42am
Quoting Thebeard
Hi guys. Odd question. Does anyone have an EA that doesn't make money but does fulfill the following criteria. Fixed SL and TP TP must be at least 5r Max consecutive losses can't be more than 15 Thanks guys.
There is no such thing as a 'strategy' irrespective of whether it makes money or not, because strategies do not exist in isolation to be picked off the shelf like a can of cat food. Strategies grow and evolve over time within each individual, representing the sum total of knowledge and experience gained interacting with the markets.

This is why any trader hoping to use a system they themselves have not developed, will always fail. The search for the ' killer ' strategy is the biggest illusion in the industry. You can take a method and work on it to make it your own over time, but you cannot use something alien and begin using it profitably as if you are borrowing someone else's bicycle.
  • #17
  • Nov 24, 2018 6:49am Nov 24, 2018 6:49am
Quoting cat
{quote} There is no such thing as a 'strategy' irrespective of whether it makes money or not, because strategies do not exist in isolation to be picked off the shelf like a can of cat food. Strategies grow and evolve over time within each individual, representing the sum total of knowledge and experience gained interacting with the markets. This is why any trader hoping to use a system they themselves have not developed, will always fail. The search for the ' killer ' strategy is the biggest illusion in the industry. You can take a method and work...
It will only ever have a chance of working if it was developed by yourself.
  • #18
  • Nov 24, 2018 7:08am Nov 24, 2018 7:08am
Quoting Thebeard
{quote} No mate. I want to have a play with lot sizings. I have a system that it works on upto 26 consecutive loosing trades. Just curious to see how different results will be with less consecutive losses.
Losing, not loosing.
All you touch and all you see, is all your life will ever be.
  • #19
  • Nov 24, 2018 7:26am Nov 24, 2018 7:26am
Quoting spotrate
{quote} It will only ever have a chance of working if it was developed by yourself.
Yes, because it will be yourself. I could share my charts with anyone and try to explain my method, but it would be useless to them without the many components which glue it together.
  • #20
  • Nov 24, 2018 8:03am Nov 24, 2018 8:03am
Quoting Thebeard
Hi guys. Odd question. Does anyone have an EA that doesn't make money but does fulfill the following criteria. Fixed SL and TP TP must be at least 5r Max consecutive losses can't be more than 15 Thanks guys.
i spent years for training my eyes on waves and patterns on charts... even i trade with just my eyes without indicators ....
i know what you want but i can't give you my secrets because it's my secrets and also you can't get my eyes ...
but in short what you want ... you will find it in (Gartley Pattern) .... if you smart enough to do research and use it effective ....
your consecutive losses will be 9 in bad cases. so it's better than 26
your consecutive win will be 2 to 3 in good market conditions.
and you will get your risk:reward 1:5
i gave you the clue.
every simple pattern harmonic or technical even trend lines have secrets and may you can just spend years just to study one line or one pattern but in the end you will get a lot of secrets... but most not do that... they just can't see depth behind every single tool or pattern..
Good Luck!
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