Winsor's 5 Expert Advisors in Real Time

US Stocks Decline as FBI Widens Insider Trading Probe

November 22, 2010 Update

Goldman Sachs' shares tumbled following a weekend report that the FBI are looking at possible insider trading tied to the firm’s dealing in transactions. Last year, charges were brought against the Galleon Group. Many of those accused in the Galleon Group pleaded guilty and offered evidence against other people. Another three new raids also occurred this weekend at hedge funds Diamondback Capital Management, Level Global Investors and Loch Capital Management. You can read more at the BBC and CNN online.

I hated news releases for stocks. By the time, a company releases its latest news release, it is already old news for the insiders. I do believe that insiders have an advantage against outside investors. That is why I stopped trading stocks altogether. Let’s get back Forex trading. Jasmine has been doing the tango with the market. It took one step forward, one step back, two steps forward and one step back. Most manual traders can’t deal with the constant winning and giving back. They just want continuous winning trades without any losing trades. Most traders are irrational and will continue to behave this way because of greed. Most traders do not have the patient necessary to dance with the market; hence, the majority will fail.

Currently, Jasmine’s balance is at $16,698 with floating profit of $398. See attached chart. It will be awhile before Jasmine hits the $18,000 mark.

http://www.ctsforex.com/trial_instal...smineNov22.png

Special Announcement: CTSForex will stop the free trial of its five expert advisors on January 23, 2011.

Exactly two months from now, I will discontinue the free trial of my five expert advisors. Below are the trading results of my five expert advisors in real time since May 21, 2010 (6 months).

Haley = -193 pips (-1.93%) after 402 trades on GBPUSD
Jasmine = +7,801 pips (+78.0%) after 588 trades on EURUSD
Leah = +5,095 pips (+50.9%) after 527 trades on EURUSD
Mellisa = -1,625 pips (-16.25%) after 427 trades on USDCHF
Sienna = -1,393 pips (-13.9%) after 745 trades on EURUSD

This is a net profit of +9,856 pips trading on the three Majors after six months. The above results are taken on November 23, 2010.

If you haven’t downloaded my software, below is the link again. The installation takes 30 seconds. Feel free to forward and share the software with your friends. This is your last chance to follow my trades and create profit for yourself. Afterward, you will have to pay the monthly licensing fee in order to use the software.

http://www.ctsforex.com/trial_instal...EX_dot_COM.zip

1) Download the zip file onto your desktop
2) Unzip the file and follow the README text file.

Feel free to forward and share the software with your friends. The trial period will end on January 23, 2011.

December 2010 Performance Report for Winsor’s Five Automated Trading Systems

December 2, 2010 Update

Below are the trading results of my five expert advisors since May 21, 2010 (6 months).

Haley = -1,221 pips (-12.2%) after 416 trades with GBPUSD
Jasmine = +6,485 pips (64.9%) after 617 trades with EURUSD
Leah = +4,038 pips (40.4%) after 548 trades with EURUSD
Mellisa = -2,177 pips (-21.8%) after 433 trades with USDCHF
Sienna = -1,393 pips (-13.9%) after 745 trades with EURUSD

If you haven’t downloaded my software, below is the link again. The installation takes 30 seconds. Feel free to forward the software to a friend.

http://www.ctsforex.com/trial_instal...EX_dot_COM.zip
1) Download the zip file onto your desktop
2) Unzip the file and follow the README text file.

Bernanke and the Raise of the Stock Market

December 6, 2010 Update

In a recently interview with CBS “60 Minutes”, Bernanke argued that the economy remains fragile, and he defended his bond buys citing an at-risk economy. The purchases are intended to lower long term interest rates, to lift stock prices and to encourage more spending. Theory is that lower yields on bonds would cause people to shift money into stocks. Higher stock prices would boost the wealth and confidence of individuals and businesses. It is OK that your mortgage is underwater. If your stock portfolio is doing well, you are more likely to spend more. This will lift incomes, profits, and economic growth. There is a potential side effect here. This could spur inflation and speculative buying on Wall Street while doing little to simulate the economy.

Back to our automated forex trading system Jasmine, last week Jasmine has recovered all of its drawdown for November. Its current equity is 17,258 with six open trades. Jasmine is bullish at the moment with 5 EURUSD buy trades and 1 EURUSD sell trade. As always, its maximum stop loss is 100 pips, and its maximum take profit is 260 pips. See attached chart.

http://www.ctsforex.com/trial_instal...asmineDec6.png

Three Simple Rules to Profitable in Forex Trading

December 13, 2010 Update

According to the A&A Contract Customs Brokers Economic Digest for December 2010 –
Iraq has raised the estimate of the country's proven oil reserves to over 143-billion barrels, an increase of almost 25 per cent. The new figure puts Iraq third in the world in terms of known reserves, after Saudi Arabia with 266-billion barrels and Canada with 178-billion barrels if the oil sands are included. It is food for thought as why the US will continue its interest in Iraq.

I apologize for not posting regularly for the last two weeks. I have been working with the MT5 trading platform and loving it. It is the no hedging that has been driving me up the wall. This is pure evil – maybe we all can start a partition to get Metaquotes to allow hedging. For US brokers that don’t support hedging then that is their problem not us, the retail traders. Back to our Leah automated trading system, we are currently floating with +478 pips from three buy EURUSD trades. As always, our maximum stop loss is 100 pips, and our maximum take profit is 240 pips. Leah’s equity is $15,554 with is equivalent to 55% in the last six months. See attached chart.

I just want to remind everyone who is following my trading systems:

1) Don’t expect every month to be a winning month. If you do then you are setting yourself up for failure.
2) Always trade with a stop loss. This will minimize the impact on your account in an event of a bad trading or a violent market movement.
3) Focus on yearly results not the monthly performance. Monthly results are created by marketers and scammers to simulate your greed; hence, avoid falling for this trap.

http://www.ctsforex.com/trial_instal.../LeahDec13.png

December 2010 Performance Report for Winsor’s Five Automated Trading Systems

December 15, 2010 Update

Below are the trading results of my five expert advisors since May 21, 2010 (7 months).

Haley = -988 pips (-9.9%) after 441 trades with GBPUSD
Jasmine = +8,456 pips (84.6%) after 664 trades with EURUSD
Leah = +5,577 pips (55.8%) after 596 trades with EURUSD
Mellisa = -915 pips (-9.2%) after 455 trades with USDCHF
Sienna = -854 pips (-5.5%) after 775 trades with EURUSD

View my real money accounts updated daily with this link

http://myfxbook.com/members/winsor

If you haven’t downloaded my software, below is the link again. The installation takes 30 seconds. Feel free to forward the software to a friend.

http://www.ctsforex.com/trial_instal...EX_dot_COM.zip
1) Download the zip file onto your desktop
2) Unzip the file and follow the README text file.


Here is the magic secret to profit in the Forex market…


There is no Holy Grail to profit in the Forex market. It requires hard work, patient, and time.

Everyone is running around looking for the Holy Grail in trading. The bulk of the problem is the marketers and scammers promoting such magic bullet. Last year was the Turbo FAP, then the MegaDroid and, etc. If a trading system is profitable and can trade with 95% accuracy, why would they sell it to you for $99? Everyone is looking for the easy way to become a multimillionaire over night. Every week, there are hundred of new forex forum threads promising unbelievable trade results. Stop wasting your time to look for the Holy Grail. If there was one, I would have found it.

Do you have live account statement or it's on Demo account???
Thank you,
Rudi

Rudi,

The live accounts are located here:

View my real money accounts updated daily with this link

http://myfxbook.com/members/winsor

Even Top Trading Experts Get it Wrong for 2010

December 17, 2010 Update

I came across this article on Dailyfx with all the experts confessing their mistakes for 2010. It is a worthwhile reading as there is so much emotion and the desires to be correct. None can predict the market and it is a fallacy that experts know best. As I have stated earlier: computer does not have greed, fear and lack of discipline; hence, it has a huge advantage in trading compared to professional manual traders. My five trading systems are based on high probability trades and they don’t claim high winning percentage per the experts.

http://www.dailyfx.com/forex/fundame...s_of_2010.html

The computer does not apologize when a trade went bad. The most important point is making more money when it is right. This is why we have our maximum take profit of 280 pips and our maximum stop loss of 120 pips. Below is the snapshot of Jasmine trading system. Its balance is $18,242 representing 82% return in the last seven months. Jasmine is currently holding four sell trades and two buy trades of the EURUSD with a floating profit of 519 pips.

If you have been following us for the last 7 months, please vote/vouch for this thread. Your contribution is greatly appreciated as we will continue to make our trading more transparent to all the followers.

http://www.ctsforex.com/trial_instal...smineDec17.png

I Challenge You to Take the Forex Trading Quiz

December 20, 2010 Update

During the weekend, I finished reading the book Quantitative Trading; How to Build Your Own Algorithmic Trading Business by Ernest Chan, Ph.D. If you think you are a good Forex trader, I would like to challenge you to take the following quiz? These questions are based my understanding of the book.

Reality check questions for forex traders:

1) Did you know that maximum drawdown, and maximum drawdown duration do not typically occur over the same period? Yes or No
2) Have you heard of a portfolio of securities, and that it can be applied to a portfolio of strategies? Yes or No
3) Is it true that most traders will often override their trading systems (automated or manual)? Yes or No
4) Is Behavioral Finance a field of financial research that studies irrational financial decision making? Yes or No
5) Do you have enough savings to withstand inevitable losses? Yes or No
6) Do you need immediate profits to sustain your daily living? Yes or No
7) Do you love the thrill and danger in trading? Yes or No
8) Are you over confidence that your trading methodology will provide imminent or instant wealth? Yes or No
9) Is the pain from possibly losing some of the current profits outweighs the pleasure from gaining higher profits? Yes or No
10) After a big loss, do you immediately modify your trading strategies? Yes or No

Please answer the above questions honestly and write down the answers on a piece of paper. If you are a forex Ace then I would like to encourage you to share your answers with us on this forum.

Attached is the screen capture of Leah trading system. Its balance is $15,356 representing 53% ROI during the last seven months of trading. It is currently holding five sell EURUSD trades with a floating profit of $437.

http://www.ctsforex.com/trial_instal.../LeahDec20.png

A belated Merry Christmas and a prosper 2011

December 27, 2010 Update

A belated Merry Christmas and a prosper 2011. Thank you very much for following our five automated trading systems for the last seven months. If you find that our trading systems are beneficial, please vouch and vote for our thread. We only need one more vouch to get out of the Eval Bin.


Our target is 15,000 pips for 2011 or 35% return on investment per annum, and we hope that you will be part of our journey. I wish you the very best for 2011.

Sincerely,

Winsor Hoang

+12,332 Winning Pips since May 21, 2010 for Our Followers

January 3, 2011 Update – Wishing Everyone a Prosper Happy New Year 2011
Please vouch and rate us on our thread, your support is greatly appreciated. We have provided +12,332 winning pips since May 21, 2010 for our followers.

Below are the trading results of my five expert advisors since May 21, 2010 (7 months).

Haley = -1,688 pips (-16.9%) after 466 trades with GBPUSD
Jasmine = +9,222 pips (92.2%) after 712 trades with EURUSD
Leah = +5,871 pips (58.7%) after 638 trades with EURUSD
Mellisa = -545 pips (-5.5%) after 475 trades with USDCHF
Sienna = -528 pips (-5.3%) after 818 trades with EURUSD

View my real money accounts updated daily with this link

http://myfxbook.com/members/winsor

If you haven’t downloaded my software, below is the link again. The installation takes 30 seconds. Feel free to forward the software to a friend.

http://www.ctsforex.com/trial_instal...EX_dot_COM.zip
1) Download the zip file onto your desktop
2) Unzip the file and follow the README text file.

Please vouch and rate us on our thread, your help is greatly appreciated. We have provided +12,332 winning pips since May 21, 2010 for our followers.

China’s Foreign Currency Reserves Dominant

January 5, 2011 Update

Per the BBC Business news, China will continue to buy more Spanish government bonds depending on market conditions. China has the largest population in the world and also has the largest amount of foreign currency reserves. Recently, the World Bank has issued bonds denominated in Chinese yuan to promote the use of Chinese currency in the international market. China will eventually become the third largest lender after the US and Japan.

Back to our Forex automated trading system. Jasmine continues its profit raid as it is on track to break the 10,000 pips milestone. You can say it is luck, good timing, or superb trading strategy. We will never get any warnings from the Forex God; hence, you always trade with a stop loss. Currently, Jasmine’s balance is at $19,275 with $614 floating profit, see attached chart. As always, Jasmine trades with a maximum stop loss of 100 pips and a maximum take profit of 260 pips.

http://www.ctsforex.com/trial_instal...asmineJan5.png

Answers to the Trading Challenge Questions

January 10, 2011 Update

For those that are interested, here are the correct answers to the trading questions. If your answers are different, feel free to comment.

1) Did you know that maximum drawdown, and maximum drawdown duration do not typically occur over the same period? Yes
2) Have you heard of a portfolio of securities, and that it can be applied to a portfolio of strategies? Yes
3) Is it true that most traders will often override their trading systems (automated or manual)? Yes
4) Is Behavioral Finance a field of financial research that studies irrational financial decision making? Yes
5) Do you have enough savings to withstand inevitable losses? Yes
6) Do you need immediate profits to sustain your daily living? No
7) Do you love the thrill and danger in trading? No
8) Are you over confidence that your trading methodology will provide imminent or instant wealth? No
9) Is the pain from possibly losing some of the current profits outweighs the pleasure from gaining higher profits? No
10) After a big loss, do you immediately modify your trading strategies? No

Back to our automated trading system, Jasmine has been a phenomenon for the past few weeks. Remember that no trading system will continue to win all the time. Now is not a good time to compound your trading lot size. So far, Jasmine has yielded 100% return on investment within eight months and this is done without compounding trading lot size. See attached picture. Currently, Jasmine is holding two sell and three buy EURUSD trade. As always, the maximum stop loss is 100 pips, and the maximum take profit is 260 pips. Ensure that your brokers allow hedging; else you will not benefit from Jasmine trading system.

http://www.ctsforex.com/trial_instal...smineJan10.png

January 2011 Mid-month Performance Update

January 14, 2011 Update

Below are the trading results of my five expert advisors since May 21, 2010 (8 months).

Haley = -1,114 pips (-11.1%) after 485 trades with GBPUSD
Jasmine = +10,897 pips (+109.0%) after 742 trades with EURUSD
Leah = +7,358 pips (+73.6%) after 665 trades with EURUSD
Mellisa = -1,328 pips (-13.3%) after 490 trades with USDCHF
Sienna = +576 pips (+5.8%) after 840 trades with EURUSD

View my real money accounts updated daily with this link

http://myfxbook.com/members/winsor

If you haven’t downloaded my software, below is the link again. The installation takes 30 seconds. Feel free to forward the software to a friend.

http://www.ctsforex.com/trial_instal...EX_dot_COM.zip
1) Download the zip file onto your desktop
2) Unzip the file and follow the README text file.

Please vouch and rate us on our thread, your help is greatly appreciated. We have provided +12,332 winning pips since May 21, 2010 for our followers.

The Release of Gold Trading Expert Advisor

January 19, 2011 update.

Sorry for not keeping up with the forum posting as I have been extremely busy with new expert advisors development. I also had a chance to review my gold trading expert advisor which has been running and collecting live trades for more than seven months. The expert advisor has been doing well with 100% return on investment; however, I am very leery about release it. The price of gold has been going up; hence, will the strategy work when the price of gold drops? There also lack for 10-year trading data for gold and I was only able to develop the trading system based on four years of historical data. I will go with my gut feeling and will postpone the launch of the gold trading EA.

Attached is the screen capture of Jasmine automated forex trading system. The account started with $10,000 without compounding the lot size. Its balance is $21,205 or 112% return on investment after eight months. Jasmine is currently holding three trades with a float profit of $355. See attached.

http://www.ctsforex.com/trial_instal...smineJan19.png

Engineering the Soft Landing for the Chinese Economy

January 26, 2011 Update

In the last few weeks, I came across several articles about China that were quite interesting. I would like to share with you through in this brief synopsis.

The Chinese economy has been an economic miracle but is it sustainable? Most of its artificial growth could have become from the massive $600 billion stimulus package in late 2008. Sooner or later, the Chinese economy will falter since China only utilizes an export-based model. China is years away from developing its domestic-led economy. The economy is slowing down; the inflation is a concern; and there are also the property and stock market bubbles. Once upon a time, the Japanese economy was in the same growth position, and now it has been in a deflationary depression in the last two decades. Don’t get me wrong, the Chinese is in better shape than the Japanese because of the cheap work force. More technology will continue to be transferred to China for years to come because of its inexpensive labor. Will there be social unrest as workers are demanding better working conditions and more compensation? If you are the Chinese government, how would you engineer a soft landing? The Chinese government is heading in the right direction by raising reserve requirements and its interest rate. China has toughened regulatory requirements to increase capital adequacy. There are limitations on bank lending while it creates more measures to control the real estate. To combat the inflation on all essential commodities, the Chinese government has started price controls and subsidies. The Chinese government still has lots of tricks up their sleeves. Only time will tell if a soft landing is achievable.

Let’s get back to our automated trading system Jasmine. On January 10, 2011, the EURUSD was at 1.28798 and today (16 days later) it got as high as 1.37164. That is more than 800 pips movement in approximately two weeks. I have been in the Forex industry for seven years now. This is normal. I hope that you are not on the sell side, and that you had your stop loss in place. Overall, Jasmine had been doing well for the month of January. Presently, Jasmine is bullish with 4 buys and 2 sells on the EURUSD. As always, the maximum stop loss is 100 pips, and the maximum take profit is 260 pips. As a reminder, we are only targeting 35% return per annum and anything above it is a bonus. The market god has been generous to us for the past 9 months, since we have surpassed the 110% return on investment. Our initial investment of $10,000 has become $21,026 with additional $215 floating profit. See attached chart.

http://www.ctsforex.com/trial_instal...smineJan26.png

My Forex Trading Monthly Performance Update

February 1, 2011 Update

Below are the trading results of my five expert advisors since May 21, 2010 (8 months).

Haley = -910 pips (-9.1%) after 515 trades with GBPUSD
Jasmine = +10,871 pips (+108.7%) after 806 trades with EURUSD
Leah = +6,451 pips (+64.5%) after 715 trades with EURUSD
Mellisa = -283 pips (-2.8%) after 499 trades with USDCHF
Sienna = -184 pips (-1.8%) after 884 trades with EURUSD

View my real money accounts updated daily with this link

http://myfxbook.com/members/winsor

If you haven’t downloaded my software, below is the link again. The installation takes 30 seconds. Feel free to forward the software to a friend.

http://www.ctsforex.com/trial_instal...EX_dot_COM.zip
1) Download the zip file onto your desktop
2) Unzip the file and follow the README text file.

Please vouch and rate us on our thread, your help is greatly appreciated. We have provided +12,332 winning pips since May 21, 2010 for our followers.

How to make money during the Robot Losing Streak

February 10, 2011 Update

In the past few weeks both Jasmine and Leah have been making donations back to the market. I have been bombarded with concerning emails such as the one below.

“I chanced upon your thread and I like your trading philosophy. However, I noticed that the returns for the start of 2011 have not been doing particularly well. Is there a reason so? Has the robot lost its effectiveness?”

Here is my answer: after a string of winning trades, it is impossible to continue winning without giving some back to the market. The best time to use the robot is when it is losing. When the robot is losing, it has already absorbed some of the losses; hence, you will benefit more on the upswing. This is the reason why people should NOT jump from one trading system to another.

Do you know why money management is important? You don’t compound your trading lot size when you are winning. You make sure that you have enough capital to withstand a drawdown. You don’t jump onto a trading system when it is winning. You should always hold back when a trading system is winning. No trading system will continue to win without giving some back to the market. You always wait for a pull back period in order to turn on the trading system. This is known as timing. Always look for a pullback before jumping on.

Attached is a screen capture of Jasmine with its six EURUSD sell trades. It is currently floating with 394 pips profit.

http://www.ctsforex.com/trial_instal...smineFeb10.png

My Forex Trading Monthly Performance Update

February 16, 2011 Update

Below are the trading results of my five expert advisors since May 21, 2010 (9 months).

Haley = -1,095 pips (-11%) after 533 trades with GBPUSD
Jasmine = +10,813 pips (+108%) after 844 trades with EURUSD
Leah = +6,512 pips (+65%) after 750 trades with EURUSD
Mellisa = -1,600 pips (-16%) after 513 trades with USDCHF
Sienna = -1,091 pips (-11%) after 917 trades with EURUSD

View my real money accounts updated daily with this link

http://myfxbook.com/members/winsor

If you haven’t downloaded my software, below is the link again. The installation takes 30 seconds. Feel free to forward the software to a friend.

http://www.ctsforex.com/trial_instal...EX_dot_COM.zip
1) Download the zip file onto your desktop
2) Unzip the file and follow the README text file.

Please vouch and rate us on our thread, your help is greatly appreciated. We have provided +12,332 winning pips since May 21, 2010 for our followers.