I am here to pass time while waiting for my trades to develop.
- #25
- Nov 6, 2019 4:01pm Nov 6, 2019 4:01pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
Can you afford to take that chance?
- #28
- Nov 8, 2019 10:35am Nov 8, 2019 10:35am
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
Well the thread opener has been gone since 04NOV... https://www.metalsmine.com/heyyou
We made some posts recently so maybe he will reply once he gets back and sees notifications...
About the original EA itself.. Seems very simplistic but might have the potential.. Anyone tested it?
Also, I do not care if it didn't work long-term.. usually every static EA has a window of opportunity which means it does close someday...
The question is.. can we make enough money in the meantime.. since pyramiding.. so to build and pull-out in time, to preserve the crash or before meeting the black swan(s)... I also love this part "-when you reach the "target" (in DOLLARS) it closes all positions."... because not so few traders got pretty high but then they overtraded into the "black swan"
That is why I believe everyone should have a number.. at which point he would WALK away.. at least from one particular EA, for example
BTW the guy that had number=more... went bust.. in the movie from which above clip is from
We made some posts recently so maybe he will reply once he gets back and sees notifications...
About the original EA itself.. Seems very simplistic but might have the potential.. Anyone tested it?
Also, I do not care if it didn't work long-term.. usually every static EA has a window of opportunity which means it does close someday...
The question is.. can we make enough money in the meantime.. since pyramiding.. so to build and pull-out in time, to preserve the crash or before meeting the black swan(s)... I also love this part "-when you reach the "target" (in DOLLARS) it closes all positions."... because not so few traders got pretty high but then they overtraded into the "black swan"
That is why I believe everyone should have a number.. at which point he would WALK away.. at least from one particular EA, for example
Inserted Video
BTW the guy that had number=more... went bust.. in the movie from which above clip is from
Can you afford to take that chance?
- #29
- Nov 9, 2019 9:47am Nov 9, 2019 9:47am
- Joined Apr 2015 | Status: Trader | 1,756 Posts
Well the thread opener has been gone since 04NOV... https://www.metalsmine.com/heyyou We made some posts recently so maybe he will reply once he gets back and sees notifications... About the original EA itself.. Seems very simplistic but might have the potential.. Anyone tested it? Also, I do not care if it didn't work long-term.. usually every static EA has a window of opportunity which means it does close someday... The question is.. can we make enough money in the meantime.. since pyramiding.. so to build and pull-out in time, to preserve...
wow... 1300 downloads
I could have sold it on ebay or something, I would be rich! now way, I'm too good and I shared it for free...
jokes apart, I would never sell / share an automated SYSTEM . this is just MM.. not bad if combined with a good entry / exit strategy.
- #30
- Nov 9, 2019 10:30am Nov 9, 2019 10:30am
- Joined Apr 2015 | Status: Trader | 1,756 Posts
Feel free to share some entry / exit rules to combine with this MM guys.. whatever works is just fine.. 
- #31
- Nov 10, 2019 2:58pm Nov 10, 2019 2:58pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} wow... 1300 downloads I could have sold it on ebay or something, I would be rich! now way, I'm too good and I shared it for free...
Yeah, joking? But you get the idea...Yes, Money Management is very important... without it, some trader that might have the edge.. might seem fail due to the poor Money Management...
In fact, remember at least one trader that left the pursue of finding of finding the holy grail or how to read the market and he focused on Money Management instead... AT the end he said that basically... price direction always irrelevant for hime and that he makes MOST/ALL of the money by MM alone... Not sure exactly how he has done it, but I get at least some idea..
I can tell by personal experience that this MM component costed me GOOD money at the beginning... Price prediction was working even better than now due to massive liquidity... but had poor MM setup... when I started... Similar to that of the rookies that are obsessed with certain RR ratio etc...
Ok, so I haven't (back)tested your EA but would like to hear from someone that did... HeyYou, you keep doing or even upgrading it? Is it the same as in the original post?
Can you afford to take that chance?
- #33
- Nov 11, 2019 9:01am Nov 11, 2019 9:01am
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
HeyYou, you see, you have to revive this thread MM is very important... Many lack it... It is counter intuitive at times, but when does certain permutations... something wonderful can be revealed... Is this a SINGLE VERSION TE or have you upgraded it or made some sort of adjustments fro different market conditions, times?
MM is very important... Many lack it... It is counter intuitive at times, but when does certain permutations... something wonderful can be revealed... Is this a SINGLE VERSION TE or have you upgraded it or made some sort of adjustments fro different market conditions, times?
Can you afford to take that chance?
- #34
- Nov 11, 2019 3:03pm Nov 11, 2019 3:03pm
- Joined Apr 2015 | Status: Trader | 1,756 Posts
HeyYou, you see, you have to revive this thread
I'm still trading a small acc with no sl... but I think I'll give up soon.
- #35
- Nov 12, 2019 11:31am Nov 12, 2019 11:31am
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} HEY mate lol.. well, this version is fine to me, oh there are magic numbers. btw, I would use this MM just to trade for fun, however, since the ESMA I honestly lost interest in "skyrocketing small accounts" LOL I'm still trading a small acc with no sl... but I think I'll give up soon.
Well I am glad that you still use this version so I would think it was a good original design. Hopefully others can get something out of it too.
Can you afford to take that chance?
- #36
- Nov 12, 2019 2:34pm Nov 12, 2019 2:34pm
- Joined Apr 2015 | Status: Trader | 1,756 Posts
{quote} You'll stop trading with no SL or stop trading at all?
ha ha ha, no it's just that I'm beginning to REALLY appreciate a more ""conservative approach"", I mean fixed risk per trade and bla bla bla
with this ultra high risk approach you need some good amount of luck to win big.
example: first set up +500%
second set up another +500% and you're up 3500%
at this point you should take the money, run and never trade again lol
you know what I mean.
- #37
- Edited 3:38pm Nov 12, 2019 2:54pm | Edited 3:38pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} ha ha ha, no it's just that I'm beginning to REALLY appreciate a more ""conservative approach"", I mean fixed risk per trade and bla bla bla with this ultra high risk approach you need some good amount of luck to win big. example: first set up +500% second set up another +500% and you're up 3500% at this point you should take the money, run and never trade again lol you know what I mean.
Because at that kind of return, luck has to have substantial stake Unless one is a wizard of course... I call 500% return a SINGLE strike for that reason in particular... if we are talking 500%/trade.. it is very risky to RISK that return again, but possible... But you know what Dr. Strange said... "All I need is possible." - Dr Strange; meaning that as long as there is a chance... he can rig it
My personal holy grail is to hit 7x 500% in a row... and I would quit (cause 100USD->bout 30mio)
But I am not that skilled of a CHEETAH yetEDIT: holy... just noticed I attached the right picture before but with the wrong text...
It should say.. "I know exactly what you mean".. corrected it now.
Can you afford to take that chance?
- #38
- Edited Nov 13, 2019 2:19am Nov 12, 2019 4:43pm | Edited Nov 13, 2019 2:19am
- Joined Apr 2015 | Status: Trader | 1,756 Posts
- #39
- Nov 13, 2019 3:54pm Nov 13, 2019 3:54pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
well, good luck A, maybe YOU can get it right...
Play/trade just on the side from then on You can join me in the CHEETAH thread when we will try to do this...
Can you afford to take that chance?