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Simplicity is the Key

  • #3,141
  • May 11, 2008 7:44am May 11, 2008 7:44am
Quoting trader101
I have a simple suggestion to all that are trading the EAS we have. If we happend to be down in our trading say Monday or Tuesday, do you mind avoiding making some comments like.. "We are so down already, I dont know if we could come back?" or "This is not good, i am losing plenty already" and the like. These comments are read by those trading and what happend they become demoralized and closed their trade later to realized that it is coming back now. Currently it does not have a lot of impact since we are only demoing, but if you are trading live, the drawdown of $300.00 keeps your heart jumping already, and what happend if you read comments like this??? We should be more supportive in our comments, or not comments at all. Live trading involve emotions believe me.. a lot of it. I am not holding you back on supportive comments.
Agreed. My approach lately has been to treat my demo trades as if they were live trades so that I can psychologically prepare myself for live trading. I personally have learned from experience about going into panic mode and closing trades early because of it. Positive thinking can go a long way.
  • #3,142
  • May 11, 2008 9:17am May 11, 2008 9:17am
Trader101 could you please repost version 3 for ultimate again as i only have version 2 that has expired. I would like to test this week please and make a decision from there if to go live or not http://www.forexfactory.com/images/icons/dollar.gif. Thanks
  • #3,143
  • May 11, 2008 10:06am May 11, 2008 10:06am
Quoting trader101
I have a simple suggestion to all that are trading the EAS we have. If we happend to be down in our trading say Monday or Tuesday, do you mind avoiding making some comments like.. "We are so down already, I dont know if we could come back?" or "This is not good, i am losing plenty already" and the like. These comments are read by those trading and what happend they become demoralized and closed their trade later to realized that it is coming back now. Currently it does not have a lot of impact since we are only demoing, but if you are trading live, the drawdown of $300.00 keeps your heart jumping already, and what happend if you read comments like this??? We should be more supportive in our comments, or not comments at all. Live trading involve emotions believe me.. a lot of it. I am not holding you back on supportive comments.
very true. It is useless commenting if we are not at the end of the week for that is the only time it matters. So, just wait till friday....
  • #3,144
  • May 11, 2008 1:07pm May 11, 2008 1:07pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting calculon
Agreed. My approach lately has been to treat my demo trades as if they were live trades so that I can psychologically prepare myself for live trading. I personally have learned from experience about going into panic mode and closing trades early because of it. Positive thinking can go a long way.
and that will all change when you put your money on the table, even if you think it won't.
  • #3,145
  • May 11, 2008 1:22pm May 11, 2008 1:22pm
hi all
Especially Trader 101 and team.
this is my 1st post ever since 2.5 years of reading, forex factory and other forums.
iwant to make a commemt about traders 101 last post.
if somone read your thread once or twotimes from the 1st to last post cannot be emmotionally bothered because he will understand all the plus and minus of your methode,and even such posts included,on the systematic reader will overpass them.
also i will like to state that my results of using delight 3 on demo fxdd ,are positive , such as 3000 usd initial deposite at tuesday may 6th, 3761 at friday may 9 th.
finally keep the good work
and thanks. regards
HOPE YOU CAN UNDERSTAND MY ENGLISH.
  • #3,146
  • May 11, 2008 1:30pm May 11, 2008 1:30pm
Quoting MPP
and that will all change when you put your money on the table, even if you think it won't.
This is why the money I will be putting on the table will be money that would have gone to a vacation or a new flat screen TV. I'm treating the money as if I had already spent it on something. It's as good as gone.
  • #3,147
  • May 11, 2008 1:54pm May 11, 2008 1:54pm
Are we guys ready.. In one hour the NF will start already. Its still one hour. I am so excited to tell you another EA is coming.. I just finish coding it this weekend. I run a few back test not so intensive yet. Guess what is the expected gains of this EA. ....Could be between 3,000 to 4,000 pips a week.
Yes .. 3,000 to 4,000. I have no name yet to this EA. I would probably called this the "Super EA". This will be the Mother of all EA. I am keeping my finger cross on this one. This is the biggest. The time table for public forward testing will be around 1 month from now.
  • #3,148
  • May 11, 2008 1:56pm May 11, 2008 1:56pm
Quoting garonis
hi all
Especially Trader 101 and team.
this is my 1st post ever since 2.5 years of reading, forex factory and other forums.
iwant to make a commemt about traders 101 last post.
if somone read your thread once or twotimes from the 1st to last post cannot be emmotionally bothered because he will understand all the plus and minus of your methode,and even such posts included,on the systematic reader will overpass them.
also i will like to state that my results of using delight 3 on demo fxdd ,are positive , such as 3000 usd initial deposite at tuesday may 6th, 3761 at friday may 9 th.
finally keep the good work
and thanks. regards
HOPE YOU CAN UNDERSTAND MY ENGLISH.
I admire you ..Bro..
Dont worry about your english, we understand it fully. Keep writing and we like you be hangout in here. You are welcome here.
  • #3,149
  • May 11, 2008 4:02pm May 11, 2008 4:02pm
Hi Trader,

Do you still using the strategy of enable the ea´s 1 hour to 30 minutes
before london open?

Just asking because you posted you´re about to start trading and
i´ve to wait more 9 hours until london open.
  • #3,150
  • May 11, 2008 4:11pm May 11, 2008 4:11pm
Some of you who want to ask me a questions you can include me in your MSN messenger contact..My handle is in my profile. This way we can help making this thread shorter. ---Wezer ... I do not understand the question..
  • #3,151
  • May 11, 2008 4:12pm May 11, 2008 4:12pm
Quoting calculon
What kind of Alpari account is this? I don't see USD/SEK pair in my Alpari forex-usd or forex-eur account.
I have an ordinary Alpari demo account. I right click within the Market Watch area and select Show All. Among those pairs offered I have USD/SEK.
Miguel
  • #3,152
  • May 11, 2008 4:19pm May 11, 2008 4:19pm
Quoting trader101
Some of you who want to ask me a questions you can include me in your MSN messenger contact..My handle is in my profile. This way we can help making this thread shorter. ---Wezer ... I do not understand the question..
I´m just asking if you still turn on the ea´s 1 hour or 30 minutes before london open, because you´ve written few posts ago this:"Are we guys ready.. In one hour the NF will start already. Its still one hour".

I´m from Portugal (10:13pm - right now)and i´ve to wait more 9 hours until london open.

Excuse me for my bad english
  • #3,153
  • May 11, 2008 4:26pm May 11, 2008 4:26pm
Hi Trader101,
I have an important question.
Does the EA influences other open trades that I still have running manually.
Let's assume the EA opens GBPUSD 0.1 lots and I have the same pair open because I opened it earlier.
Than shortly later the EA closes GBPUSD. Will this affect my open trade or is it exactly closing only the original opened by the EA?
This is important since I still have some trades open.

Antomi
  • #3,154
  • May 11, 2008 5:04pm May 11, 2008 5:04pm
Quoting antomi
Hi Trader101,
I have an important question.
Does the EA influences other open trades that I still have running manually.
Let's assume the EA opens GBPUSD 0.1 lots and I have the same pair open because I opened it earlier.
Than shortly later the EA closes GBPUSD. Will this affect my open trade or is it exactly closing only the original opened by the EA?
This is important since I still have some trades open.

Antomi
Yes but its the other way around. Your Manually entered trade influence the EA trading. It will not trade until the trade is close. When the EA get mad it will close that trade win or loss. I suggest you close the other manual trade in that platform. I thought i have mentioned this already, that we have to clean the platform before placing the EA. The data collection will be screwed up as well because of double entry in a certain pair.
  • #3,155
  • May 11, 2008 5:09pm May 11, 2008 5:09pm
Quoting wezer
I´m just asking if you still turn on the ea´s 1 hour or 30 minutes before london open, because you´ve written few posts ago this:"Are we guys ready.. In one hour the NF will start already. Its still one hour".

I´m from Portugal (10:13pm - right now)and i´ve to wait more 9 hours until london open.

Excuse me for my bad english
Oh when i talk about NF i mean North Finance, they normally open 4:00PM NY thats why i say NF will open in one hour. But my EA is already ready to jump in in the NF opening. I hope its clear now..Thanks
  • #3,156
  • May 11, 2008 8:19pm May 11, 2008 8:19pm
Trader,

Did you ever come up with an EA fix for brokers that use 5 digits?
  • #3,157
  • May 11, 2008 9:34pm May 11, 2008 9:34pm
Quoting Afxtrader
Trader,

Did you ever come up with an EA fix for brokers that use 5 digits?
Yes, anybody who wants it just e-mail me. Still its expiry 5-17-08 apply. E-mail because we could not attached on PM.
  • #3,158
  • May 12, 2008 6:10am May 12, 2008 6:10am
I know that some of you are already within the +200 to +300 pips right now. And if you think you have to keep your profit for now and only resume trading on Tuesday at the Asian open that is completely acceptable. The only thing is sometime there are also some big moves on Monday and Tuesday NY sessions. What ever suit your trading style as long as youare in the postive territory. As for me i will just continue even on the ranging market of Monday and Tuesday. Just my 2 cents
  • #3,159
  • May 12, 2008 6:52am May 12, 2008 6:52am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting trader101
I know that some of you are already within the +200 to +300 pips right now. And if you think you have to keep your profit for now and only resume trading on Tuesday at the Asian open that is completely acceptable. The only thing is sometime there are also some big moves on Monday and Tuesday NY sessions. What ever suit your trading style as long as youare in the postive territory. As for me i will just continue even on the ranging market of Monday and Tuesday. Just my 2 cents
i'm for keep em running, the idea being that i can start my PC on sunday night, go fishing monday morning and just call the wife a couple of times a day until i get home on friday to make sure it's running (she's in training)

keeping life simple
  • #3,160
  • May 12, 2008 6:53am May 12, 2008 6:53am
dear All as Trader101 says profit is up on my fxdd demo by 300+ i had this account on through wekend and im going to keep it on for the all week 24/7

regardless the temporary gains -losses i thing is important to see all the raections of the EAqwith out external (personal) interferences...
regards george
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