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Novice Question

  • #121
  • Jun 27, 2009 12:24pm Jun 27, 2009 12:24pm
Whoever moderates this Forex Factory seems to be moving all my posts to this forum.

I suspect he has me on some kind of watch list or something. Hi!!

Ah well I guess you don't get respect over night
  • #122
  • Jun 27, 2009 12:39pm Jun 27, 2009 12:39pm
I wrote this EA about a year ago and I just digged it up today (on my old computer) the results are fantastic!!

35 losses in a row!, with an average LOSING streak of 13!! Data from 2007-present day.

I should work for NASA
  • #123
  • Jun 27, 2009 12:53pm Jun 27, 2009 12:53pm
Quoting pipmutt
On the other hand you could spend inordinate amounts of time and effort reading hundreds of forum posts, picking up dozens of different strategies, demo trading them into oblivion, tweaking and fiddling, and watching charts for hundreds of hours......and still lose money.

Don't make trading any more complicated than it actually is. Just pick something simple, the more obvious the better, and trade. If the trade's wrong then cut it. If it's right then stay with it. And don't bet the farm.

How much easier can it get?...


Without the right "EA" hours and hours of charting and demo are just.... hours and hours...

My "EA"....
http://preview.shareapic.net/preview6/017914269.jpg

Cheers!
Many share my views with me. But I don't share them with them...
  • #124
  • Jun 27, 2009 1:06pm Jun 27, 2009 1:06pm
Quoting FrinkFX

35 losses in a row!, with an average LOSING streak of 13!! Data from 2007-present day.
what do you mean ..? You loss 35 time ..?
so it is the EA that make you loss..?

but if u change parameters thou 35 losses can be 35 wins...
Can u pass it ... i wanna take a look ..
  • #125
  • Jun 27, 2009 1:09pm Jun 27, 2009 1:09pm
Quoting HouseTrader


Without the right "EA" hours and hours of charting and demo are just.... hours and hours...

My "EA"....
http://preview.shareapic.net/preview6/017914269.jpg

Cheers!
lol, is that the Homer Simpson EA
  • #126
  • Jun 27, 2009 1:56pm Jun 27, 2009 1:56pm
'fraid not. I worked too hard on it and I want to make some cash myself then I may post it for free. I'm going to first obviously change it so it trades the other way (turning the losses into wins)

The real key to success is having a system that frequently has high winning streaks. Once you have that you don't need to care as much about winning percentage. This system wins less than 50% of the time and has hugh losing streaks too!
  • #127
  • Jun 27, 2009 5:07pm Jun 27, 2009 5:07pm
Use your FF search box please

_____________

Fibonacci divergence

.
  • #128
  • Jun 27, 2009 5:32pm Jun 27, 2009 5:32pm
Quoting FrinkFX
Whoever moderates this Forex Factory seems to be moving all my posts to this forum.

Ah well I guess you don't get respect over night


Dude... you've been a member here a month tomorrow. You've got 54 posts in 20 threads.

In one post you're saying you programmed EA's a year ago, in another one you're trying to figure out how to set an order up, in another one the J16 method doesn't fit your "style", and in another you just opened your first account and made 94 cents on your first trade, and in still another you've got some great system or indicator based on a a youtube video... and so on.

In other words your posts appear to be all over the map... I'd imagine all that may have Something to do with you getting Relocated to The Rookie Section...

PS. Btw... I wish I could have read the J16 thread as fast as you apparently did AND managed to have time to do all that other stuff...

That's some Serious multitasking.
FUBAR...
  • #129
  • Jun 27, 2009 7:10pm Jun 27, 2009 7:10pm
Quoting FrinkFX
'fraid not. I worked too hard on it and I want to make some cash myself then I may post it for free. I'm going to first obviously change it so it trades the other way (turning the losses into wins)
This goes through every noobs mind..... Frink - your starting to remind me of a former poster w/ an avatar from the simpsons - if you are anything like him we are in for some laughs....
In trading, there is no bullshit. You either make money or you don't.
  • #130
  • Jun 27, 2009 8:08pm Jun 27, 2009 8:08pm
Quoting FrinkFX
'fraid not. I worked too hard on it and I want to make some cash myself then I may post it for free. I'm going to first obviously change it so it trades the other way (turning the losses into wins)

The real key to success is having a system that frequently has high winning streaks. Once you have that you don't need to care as much about winning percentage. This system wins less than 50% of the time and has hugh losing streaks too!
I guess. If you say so.

1) If you're gonna sell it, it better be good. {then again, perhaps you dont care.}

2) You, apparently, do not understand what a "Winning System" is comprised of.

{note to self; sell your shit instead of sharing it. It could, possibly, cover your losses & then some.}

Mantra:
Beat the Market. Not your Peers.
  • #131
  • Jun 28, 2009 5:39am Jun 28, 2009 5:39am
Quoting FrinkFX
Whoever moderates this Forex Factory seems to be moving all my posts to this forum.

I suspect he has me on some kind of watch list or something. Hi!!

Ah well I guess you don't get respect over night
You get respect when you stop talking bo**ocks and actually contribute positive stuff on the forum.

Even when you're learning you can ask constructive questions that haven't been asked before or for explanations of things that you've read but didn't understand.

You get respect when you stop dissing experienced traders by continually demanding to see their statements.

You get respect when folk see you doing some work yourself and asking advice on moving to the next level.

Why am I wasting my time? I'll go and do the washing up, that will let me vent my frustration.
  • #132
  • Jun 28, 2009 6:35pm Jun 28, 2009 6:35pm
How many pips apart are your orders? And I don't understand how you get 15 pips per win and 40 per loss if your SL is 40 and your TP is 20.

Quoting FrinkFX
This is a very simple system requiring no indicators,EAs etc.

Simple Method:

1. Check NZDUSD on the 1 day time frame. If the daily trend is going up were going to by buying, if it's going down were going to be selling.

2. if trending up create a bunch of pending buy orders at random points in the few hundred pips range above the current price with SL at 40 pips and TP at 20 pips .

If trending down create a bunch of pending sell orders at random points in the few hundred pips range below the current price with SL at 20 pips and TP at 40 pips...
  • #133
  • Jun 28, 2009 7:00pm Jun 28, 2009 7:00pm
I think this thread belongs to the rookie section.
  • #134
  • Jun 29, 2009 11:10am Jun 29, 2009 11:10am
Quoting cobraforex
I think this thread belongs to the rookie section.
Whatever


Just cos it's a simple system doesn't mean it can't work. Did you even bother scrolling back your charts and checking it out?
  • #135
  • Jun 29, 2009 11:55am Jun 29, 2009 11:55am
How many pips apart are your orders? And I don't understand how you get 15 pips per win and 40 per loss if your SL is 40 and your TP is 20.

Quoting FrinkFX
Whatever


Just cos it's a simple system doesn't mean it can't work. Did you even bother scrolling back your charts and checking it out?
  • #136
  • Jun 29, 2009 12:09pm Jun 29, 2009 12:09pm
No I didn't because I think it's waste of time, why?

Because of that rule:

if trending up create a bunch of pending buy orders at random points

Why not pivots or historical S&R? what you wanna say with random? Any chart to present?
Other than that you used the "system" one week and made "some" pips (I'm almost sure that they are demo pips).

If you want to present a system you should be prepared much better, maybe than some traders take it serious and respond like you expect.

Quoting FrinkFX
Whatever Did you even bother scrolling back your charts and checking it out?
  • #137
  • Last Post: Jun 29, 2009 12:15pm Jun 29, 2009 12:15pm
[quote=cobraforex;2837136]No I didn't because I think it's waste of time, why?

Well stop wasting your time then
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