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Is forex education misleading or everyone is stupid?

  • #601
  • Edited 8:37pm Jan 31, 2022 8:22pm | Edited 8:37pm
Quoting tommydoginti
VPS may help
  • #602
  • Jan 31, 2022 9:59pm Jan 31, 2022 9:59pm
Quoting ohitsyou
{quote} Correct -- 2000 milliseconds is 2 seconds. You claim there is nothing magical about '2000' -- except that it "works". You don't know what it fixes or even why it works. Yet you are willing to blame the broker's server. If there is a problem with the broker's server is it a network problem? A 3rd-party software problem? A hardware problem? An evil, greedy person problem? This is the way things work on the Internet -- it's not perfect. MT4 is not the first program that doesn't work perfectly on the Internet. However, because your money is...
well, it is not. as i have explained, already, the account where all errors did happen, was NOT mine. on the same broker, with my accounts, like 10+, i did experienced NOTHING. at least 4-5 of mines were running on different mt4s on the SAME server. you tell me what the problem is then? is it a network problem? is it the internet? is it the mt4? is it the greed on the other end? why my accounts did work fine and my friends account could not close trades, even when i tried to close manually? what was that? how would you suggest it was?
Maadik Hugiis. IQ 69.
  • #603
  • Jan 31, 2022 10:12pm Jan 31, 2022 10:12pm
Quoting tommydoginti
{quote} Hi Moneyzilla, Is the error you having a Requote error message? On EA it may be a few error codes related to ask/bid price. The issue is not too much related to sleep() or the speed of machine you use, more on the connection speed and delay between your machine and broker’s. It can be the 100ms delay causing the error, as broker has updated the price but your machine is still sending orders based on old price. VPS may help
hi Tommy, yes, it was a requote. and the mt4 server did send a return message that the trade was closed, but it was still opened. the ea moved forward with the strategy, knowing the trade is closed and excluded it from further calculations. i had to manually close the trade and got about 5 times per a single trade the invalid price error. gotta close 5-6 trades. tried like 25-30 times. all manually.

what i did noticed, is the trades that had the problem, were 1.00 lot in size. all other trades, below the 1.00 lot in size, had no issues...

now, 1.00 us cent lot is 0.01 regular lot. but it seems there is a special kind of treatment of trades bigger than 1.00 lot and i think the server does not make any difference of the account type, cause in the cent accounts they have this usdusc 100.00 rate quote in the market watch.

the derail of my friends account accumulated like over $50,000 us cents in loss. if the account was real, that would have been $50,000 usd...
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Maadik Hugiis. IQ 69.
  • #604
  • Jan 31, 2022 11:01pm Jan 31, 2022 11:01pm
Quoting MoneyZilla
{quote} hi Tommy, yes, it was a requote. and the mt4 server did send a return message that the trade was closed, but it was still opened. the ea moved forward with the strategy, knowing the trade is closed and excluded it from further calculations. i had to manually close the trade and got about 5 times per a single trade the invalid price error. gotta close 5-6 trades. tried like 25-30 times. all manually. what i did noticed, is the trades that had the problem, were 1.00 lot in size. all other trades, below the 1.00 lot in size, had no issues......
This is a code bug. Software that operates in real-time must always validate or confirm its requests that are made over a network (i.e. the Internet). It's a couple lines of code to confirm whether or not the last request was completed and the trade was truly closed. This is not an example of broker conspiracy but, rather, lazy programming...
  • #605
  • Jan 31, 2022 11:35pm Jan 31, 2022 11:35pm
Quoting ohitsyou
{quote} This is a code bug. Software that operates in real-time must always validate or confirm its requests that are made over a network (i.e. the Internet). It's a couple lines of code to confirm whether or not the last request was completed and the trade was truly closed. This is not an example of broker conspiracy but, rather, lazy programming...
of course is NOT a code bug. it is faulty mt4 response back.

we have been doing this for 8 yrs already. since 2014.

we have built together more than 10 eas.

and this is a special kind of treatment.
Maadik Hugiis. IQ 69.
  • #606
  • Edited 12:41am Feb 1, 2022 12:27am | Edited 12:41am
Quoting MoneyZilla
{quote} of course is NOT a code bug. it is faulty mt4 response back. we have been doing this for 8 yrs already. since 2014. we have built together more than 10 eas. and this is a special kind of treatment.
I see -- so the older my program is then the fewer the bugs? Okay -- then I guess I only need to wait until 2024 then all my software will automagically be bug-free. Sounds like a plan...

Sir -- I've enjoyed reading some of your posts in other threads. However, since you obviously are not a programmer then I'm a bit surprised that even when presented with some facts and clues how to address the problems you've encountered that you are disinclined (or incapable) of complementing an alternative explanation other than brokers are conspiring against you.

The more details you reveal about the EA's trading errors then the more clear it became that these are issues that must be addressed in your software -- for no other reason than the broker isn't going to change anything at their end. If you don't mind living with the errors then leave the software as is -- that's okay. But since you were complaining then you gave the impression that you cared.
  • #607
  • Feb 1, 2022 3:00am Feb 1, 2022 3:00am
Quoting MoneyZilla
{quote} hi Tommy, yes, it was a requote. and the mt4 server did send a return message that the trade was closed, but it was still opened. the ea moved forward with the strategy, knowing the trade is closed and excluded it from further calculations. i had to manually close the trade and got about 5 times per a single trade the invalid price error. gotta close 5-6 trades. tried like 25-30 times. all manually. what i did noticed, is the trades that had the problem, were 1.00 lot in size. all other trades, below the 1.00 lot in size, had no issues......
Thanks for sharing more of your friend’s issue. Not sure what the root cause!

Apart from using VPS to minimise delay that may be causing requote and not sync with trade conditions on both ends, I would suggest to try adding a couple more lines in the EA that many help.

for example after the sleep() and just before the line of ordersend, add a line for marketinfo() to update price. May worth spending some time to add a section that is to double check open positions and notify you if the positions are different from
what they are supposed to be.

My EA has implemented those, basically will try and verify trades ~5 times before moving on, otherwise will send me email. May help
  • #608
  • Edited 8:16am Feb 1, 2022 3:28am | Edited 8:16am
Quoting moodybot
{quote} Just wondering whether you would be able to open up a thread, detailing how you trade? As you have said on multiple occasions, lines and rectangles don't work although, I don't recall anyone saying price would move when they drew a line. Perhaps they drew a line based on a mathematical calculation that you hadn't thought about. Maybe you have been given some secret 'source'..... Anyway looking forward to your new thread. M.
----
Observer effect
  • #609
  • Feb 1, 2022 3:47am Feb 1, 2022 3:47am
Quoting ohitsyou
{quote} I see -- so the older my program is then the fewer the bugs? Okay -- then I guess I only need to wait until 2024 then all my software will automagically be bug-free. Sounds like a plan... Sir -- I've enjoyed reading some of your posts in other threads. However, since you obviously are not a programmer then I'm a bit surprised that even when presented with some facts and clues how to address the problems you've encountered that you are disinclined (or incapable) of complementing an alternative explanation other than brokers are conspiring...
when there are 5-6 accounts connecter on the same server on an individual mt4s, all from the same broker. all but one are mine. just one is not. and that particular account trades mainly 1.0 trades. and has almost all the errors? running everywhere the very same ea? lol!

so, it is the software...:-)

alright. whatever.

good luck with being a programmer.

never seen or heard of about a good programer being a trader. this does not work like this. but i wish you to be an exception of the merciless rule...

take care.
Maadik Hugiis. IQ 69.
  • #610
  • Feb 1, 2022 4:05am Feb 1, 2022 4:05am
Quoting ryuryu
{quote} Every time I start teaching someone how to trade I ask how he traded, what he did. I ask him to show. You know what? And you know what they all do? They're drawing lines! They are also always talking about the global economy and telling me about trillions of liquidity in forex. And I can stand it for $200/hour. I'm very greedy person haha BTW I have my thread and everybody knows that I'm trading exactly like RickM does ...
So you only charge $200 an hour. I might be up for that! How long have you been teaching? How many hours would the average dude need.
  • #611
  • Feb 1, 2022 4:41am Feb 1, 2022 4:41am
Quoting moodybot
{quote} So you only charge $200 an hour. I might be up for that! How long have you been teaching? How many hours would the average dude need.
Do you think he offers group discounts?
  • #612
  • Feb 1, 2022 4:50am Feb 1, 2022 4:50am
Quoting ohitsyou
{quote} Do you think he offers group discounts?
May do. I m waiting for the quote. If you hear about a group booking perhaps check to see if there is a discount on price and maybe we can finally draw a line on unprofitable trading.M.
  • #613
  • Feb 1, 2022 4:51am Feb 1, 2022 4:51am
Quoting moodybot
{quote} So you only charge $200 an hour. I might be up for that! How long have you been teaching? How many hours would the average dude need.
About 10,000 hours ?

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It never gets easier, you just get better
  • #614
  • Feb 1, 2022 4:57am Feb 1, 2022 4:57am
Quoting Shabs19
{quote} About 10,000 hours ? {image}
Yep 10,000 would be a fair estimate. I’ll add you too the list
  • #615
  • Feb 1, 2022 6:05am Feb 1, 2022 6:05am
Quoting moodybot
{quote} Yep 10,000 would be a fair estimate. I’ll add you too the list
He doesnt use lines & rectangles or indicators, so should whittle it down to about 2 hours ?

It never gets easier, you just get better
  • #616
  • Feb 1, 2022 6:44am Feb 1, 2022 6:44am
Quoting ryuryu
{quote} Every time I start teaching someone how to trade I ask how he traded, what he did. I ask him to show. You know what? And you know what they all do? They're drawing lines! They are also always talking about the global economy and telling me about trillions of liquidity in forex. And I can stand it for $200/hour. I'm very greedy person haha BTW I have my thread and everybody knows that I'm trading exactly like RickM does ...

Drawing lines seems to be all you do? https://www.forexfactory.com/thread/...0#post13763890
  • #617
  • Feb 1, 2022 6:57am Feb 1, 2022 6:57am
Quoting ElmPie
{quote} Drawing lines seems to be all you do? https://www.forexfactory.com/thread/...0#post13763890
The post you mentioned is only you have read?
  • #618
  • Feb 1, 2022 7:07am Feb 1, 2022 7:07am
Quoting BlackNapkins
{quote} The post you mentioned is only you have read?
First I was reading this.. lost appetite quickly, then I was looking at some more technical approach and all I saw was indicators and lines. Then I was confused because of his latest comments. Then I gave up..
  • #619
  • Edited 7:49am Feb 1, 2022 7:27am | Edited 7:49am
Quoting ryuryu
And I can stand it for $200/hour. I'm very greedy person haha BTW I have my thread and everybody knows that I'm trading exactly like RickM does
Hmmm -- RickM taught you and you then turn around, steal his approach and charge $200/hr to teach others? Sounds kind of shady. Does RickM know you're charging others? Do you give him a cut? So weird -- and you complain about evil brokers?
  • #620
  • Feb 1, 2022 7:31am Feb 1, 2022 7:31am
Quoting ElmPie
{quote} First I was reading this.. lost appetite quickly, then I was looking at some more technical approach and all I saw was indicators and lines. Then I was confused because of his latest comments. Then I gave up..
Ok, so you judged whole thread without studying this ... seems to me a bit strange ... but OK...

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