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Average system + great discipline =great results? 44 replies

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My EA Monthly Results

  • #41
  • May 11, 2008 6:22pm May 11, 2008 6:22pm
Quoting Bemac
C'mon guys;

Don't you remember what it felt like when you thought You had Cracked it?

Full of exuberance and anticipation.

Only issue I see is that it appears to be Glory be to Me thread.

Anyway. Good luck with that & I hope you keep learning.
You sound like god or someone who predicts the future. What happened to your EA? What was the difference between live and backtesting/demo? Maybe I can explain more about my experience before you prejudge and presume things
When life gives you lemons, make lemonade
  • #42
  • May 11, 2008 6:35pm May 11, 2008 6:35pm
Quoting micho
You sound like god
No.
Quoting micho
or someone who predicts the future.
I try to.
Quoting micho
What happened to your EA? What was the difference between live and backtesting/demo?
Data but mostly the ability to handle stress.
Quoting micho
Maybe I can explain more about my experience before you prejudge and presume things
I'd rather you explained more about your method, then I wouldn't have to pre-judge.


I'm not out to knock you. Just a small word of caution that 1 Month of success does not make a career. It does make a nice start tho.
  • #43
  • May 11, 2008 8:02pm May 11, 2008 8:02pm
Quote
I created this thread to post the results of my EA running on my live account since 10/04/2008

The main purpose of this thread is to motivate every ambitious trader to believe that stable profitable automated systems can be possibly coded however I will not discuss nor publish how it works.

ummm... so the purpose is to show that EAs can be consistently profitable and you're telling this to the "ambitious trader"? This thread seems like its just glamorizing EAs, which would make the new traders go out and spend money on some EA they find on the internet (maybe in a week you'll post a link where they can buy your EA?) and then possibly lose money when they find out the EA they bought doesn't even work.

EAs can do two things: Signal alerts to people (eg. email when certain market conditions are met), OR they can actually make trades for people (buy/sell when specified conditions are met).
I think that's all that really should be said about EAs..

I personally think this thread is a waste. Instead, you should create a thread that outlines your system. By creating an EA and making a thread that goes "look what my EA does" isn't really helping anyone (as explained above)...

If you describe your system, others can learn, and people who know more can comment on your system and maybe even improve it.

tl;dr Maybe I'm missing something, but this thread seems to be pointless to me
  • #44
  • May 12, 2008 4:29am May 12, 2008 4:29am
What is the point of this thread?

Post the the code, my friend.
  • #45
  • May 12, 2008 11:04am May 12, 2008 11:04am
Quoting Bemac
No.
I try to.
Data but mostly the ability to handle stress.
I'd rather you explained more about your method, then I wouldn't have to pre-judge.


I'm not out to knock you. Just a small word of caution that 1 Month of success does not make a career. It does make a nice start tho.
You are funny, I am not basing my conclusion on a 1 month result. I based it on the following:

1- Backtesting since 1999
2- Comparing between Demo, Live and Backtesting

I can't give out my method because I had alot of hard time to find it. You should believe and work hard to find a stable code. Good luck
When life gives you lemons, make lemonade
  • #46
  • May 12, 2008 11:08am May 12, 2008 11:08am
Quoting FXNewbie1
ummm... so the purpose is to show that EAs can be consistently profitable and you're telling this to the "ambitious trader"? This thread seems like its just glamorizing EAs, which would make the new traders go out and spend money on some EA they find on the internet (maybe in a week you'll post a link where they can buy your EA?) and then possibly lose money when they find out the EA they bought doesn't even work.

EAs can do two things: Signal alerts to people (eg. email when certain market conditions are met), OR they can actually make trades for people (buy/sell when specified conditions are met).
I think that's all that really should be said about EAs..

I personally think this thread is a waste. Instead, you should create a thread that outlines your system. By creating an EA and making a thread that goes "look what my EA does" isn't really helping anyone (as explained above)...

If you describe your system, others can learn, and people who know more can comment on your system and maybe even improve it.

tl;dr Maybe I'm missing something, but this thread seems to be pointless to me
I am not going to sell it. I trade it on my LIVE ACCOUNT, which means I will be the first one losing money. If you think that this thread is a waste, don't let the door hit you on your way out. This is my thread and you are not welcome in here.
When life gives you lemons, make lemonade
  • #47
  • May 12, 2008 11:10am May 12, 2008 11:10am
Quoting forexmoments
What is the point of this thread?

Post the the code, my friend.
The point is to show the results and motivate people to try coding their own EAs until they find a stable one.
When life gives you lemons, make lemonade
  • #48
  • May 12, 2008 3:59pm May 12, 2008 3:59pm
What a waste of disk space, people's time, and thought process. Hope your love affair with your EA works out. I get it now... I have total confidence that the killer EA has been found and only you know about it and use it. Your so special.
  • #49
  • Edited 4:09pm May 12, 2008 4:08pm | Edited 4:09pm
Quoting Pipsnagger
What a waste of disk space, people's time, and thought process. Hope your love affair with your EA works out. I get it now... I have total confidence that the killer EA has been found and only you know about it and use it. Your so special.
Guys, I am not favoring the OP here, but I don't think he's doing anything wrong. He has just started his thread to record results of his EA performance. Whats wrong with that? Nobody is obliged to share or reveal his system/strategy if he don't want to. Why is this a waste of disk space if its not costing you anything?
  • #50
  • May 12, 2008 4:17pm May 12, 2008 4:17pm
Quoting good
Guys, I am not favoring the OP here, but I don't think he's doing anything wrong. He has just started his thread to record results of his EA performance. Whats wrong with that? Nobody is obliged to share or reveal his system/strategy if he don't want to. Why is this a waste of disk space if its not costing you anything?
When life gives you lemons, make lemonade
  • #51
  • May 12, 2008 4:17pm May 12, 2008 4:17pm
Quoting Pipsnagger
What a waste of disk space, people's time, and thought process. Hope your love affair with your EA works out. I get it now... I have total confidence that the killer EA has been found and only you know about it and use it. Your so special.
When life gives you lemons, make lemonade
  • #52
  • May 12, 2008 5:26pm May 12, 2008 5:26pm
Quoting good
Guys, I am not favoring the OP here, but I don't think he's doing anything wrong. He has just started his thread to record results of his EA performance. Whats wrong with that? Nobody is obliged to share or reveal his system/strategy if he don't want to. Why is this a waste of disk space if its not costing you anything?
That is true, Micho is happy with his EA and trading it live on his account, he didn't ask for anyone's help or opinion.
he clarified the reason of this thread, he said it many times till now that the reason of this thread is to record the results of his trades and to prove that it is possible to have a winning EA, and encourage people to try to make their own EA.
I think he is not a newbie, after all this is his account, if he wins very good for him and I wish him success, if he loose I am sure he won't sleep till he find another tweak to tune his EA.
the guy did learn and coded his EA on his own, he is free to share anything about it or not.

now micho would you be kind and send me the EA


Good luck with your EA
and keep up the good work
  • #53
  • May 12, 2008 7:51pm May 12, 2008 7:51pm
Now that the thread is moved to it's rightfull place, you should have less issues to deal with.

GL Micho.

btw; I've been developing "code" for > 10 years now. Trading for > 30. :nerd:
  • #54
  • Edited 9:25pm May 12, 2008 9:07pm | Edited 9:25pm
I am liking this thread the more I read it.

Good luck, and keep posts coming....

I am all for posting EA forward tests.
  • #55
  • May 12, 2008 9:35pm May 12, 2008 9:35pm
Quoting Abouelzelouf
That is true, Micho is happy with his EA and trading it live on his account, he didn't ask for anyone's help or opinion.
he clarified the reason of this thread, he said it many times till now that the reason of this thread is to record the results of his trades and to prove that it is possible to have a winning EA, and encourage people to try to make their own EA.
I think he is not a newbie, after all this is his account, if he wins very good for him and I wish him success, if he loose I am sure he won't sleep till he find another tweak to tune his EA.
the guy did learn and coded his EA on his own, he is free to share anything about it or not.

now micho would you be kind and send me the EA


Good luck with your EA
and keep up the good work
hahahah but till now I am sleeping you know
When life gives you lemons, make lemonade
  • #56
  • May 12, 2008 9:37pm May 12, 2008 9:37pm
Quoting Bemac
Now that the thread is moved to it's rightfull place, you should have less issues to deal with.

GL Micho.

btw; I've been developing "code" for > 10 years now. Trading for > 30. :nerd:
So you, Abouelzelouf and me understand very well the situation here

I only started coding like 6 months ago but trading manually since 4~5 years. Now I am starting to win
When life gives you lemons, make lemonade
  • #57
  • May 12, 2008 9:40pm May 12, 2008 9:40pm
Quoting tdion
I am liking this thread the more I read it.

Good luck, and keep posts coming....

I am all for posting EA forward tests.
Thanks man, the results should be consistent and hopefully on 10/06/2008 I will post the new monthly results. Keep in touch
When life gives you lemons, make lemonade
  • #58
  • May 18, 2008 4:37am May 18, 2008 4:37am
Hi, Here is another update.

Old period: 10/04/2008 - 10/05/2008
New period: 11/05/2008 - 18/05/2008
Attached Image (click to enlarge)
Click to Enlarge Name: Results.jpg Size: 74 KB
When life gives you lemons, make lemonade
  • #59
  • May 21, 2008 11:23pm May 21, 2008 11:23pm
Well seems nobody is interested in this thread. I will just close it. I don't see the reason why I should be posting results for people who don't care.
When life gives you lemons, make lemonade
  • #60
  • Sep 9, 2011 6:35am Sep 9, 2011 6:35am
Quoting micho
Well seems nobody is interested in this thread. I will just close it. I don't see the reason why I should be posting results for people who don't care.
lol,i think people prefer to care how you do it .if you dont mind share it .
A chart helps those who can read it.
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