Cable Update (GBPUSD)
Well I'm lazy, having a EA that just sits there and makes money while I'm off well spending the money and having fun, is my dream.
Even the big yearly competions they have for who can write the most profitable EA, they barely eecckk a profit out mainly by luck, and some years its turned into who lost the leastAnd thats with them tweaking the settings I think full time to.
Well, I can't share it... I had alot of stress to write it and as you said I tried so many codes and all blow my account. But I didn't try 6 months like you said, I tried writing codes for like 2 months unsuccessfully but then I came out with this one.
I am not really trying to mislead you or anything. I see your posts every day analyzing and imagining and getting nervous especially navin... I see his drawings and how complicated his charts are... Do you really need all that headache and time in front of your PC if you don't have a strong tested strategy that makes you win slowly but steady??
In fact, in the back testing the average profit per month is +500 from 2007 until 2008. And it is around ++700 from 1999 until 2007. Same results apply for demo forward testing but in live accounts it is around +250 average because of -2 slippage average per trade (maximal)...
Just don't lose faith in EA's. You said it, in certain market conditions they work... so keep trying until you find one that suits you
Turveyd,
You've hit the nail on the head with that key word 'dream'. Because there are two kinds of people in any business ..."the dreamers" and "the achievers".
As most of us know, it's not only in trading that 90% of people fail to excel. It's any job, business, sport, art, etc.
To date, there are no names of EA Traders on the "achievers" list of traders. Plenty of dreamers though
G'nite all.
Rob
Well my decision is made, not to waste any more time on EA's, I've even left the EA club where 100's of people are desperately trying to find 1 all failed of 3months back sadly.
Sharing your EA with say me, isn't going to stop your EA working.
So shut up or put up
Fallacy!!!!!!!
Even if all retail traders Earth put together uses one EA or method
correctly at the same time, that has no impact on the direction of the market
It may only put their brokers out of business, and not the main Interbank
market we speculate.
Opposite actually, if more people used the same EA it would actually make the system strong, cause you'd have 1mil account loading up at the same time, okay you'd want to tweak the settings so you got in just before them
Opposite actually, if more people used the same EA it would actually make the system strong, cause you'd have 1mil account loading up at the same time, okay you'd want to tweak the settings so you got in just before them
