let's go where the price goes

Read the whole threat and now I see alot of people had good suggestions, but at the end it seems like everyone has given their hopes up, perhaps jumping to different strategy or different threat like I used to hang around FF. I see the problem lies within the one's strategy and it's not about making trades automatically 24/7 nor it depends on Open/Close of specific market but one should clearly see the direction to trade and leave the trades up to the ea for one day or more (speedtrain or golden3). I trade soly on Daily TFs price action, and if it trigger my trades I just leave them until the educated guess would come up as a winner or loser. Well it all depends if I get a loser, it's allright since the price action didn't live as it should, so the trade is no longer valid.
I really have no idea how I could interpret snowball effect to my trades but I'd like that like anyone else, but the problem lies is that not only in 10 or 20 pip radius, and since I trade daily I can see -50-70 pips before reversing to my direction and getting me at least 200pips. And now the question is how I would be handling those floating losses if you ask. I don't want to take unnessesary losses. Let's leave the question up for someone to answer.

Trading is psychological, many people fall under "I want to get rich quick" because that is usually the label that entices them to this market to begin with. In order to defeat a scam you have to stop believing in them. How many times has your mother or father told you... "If it sounds too good to be true... then it probably is too good to be true."

But yet that goes in one ear and out the other. It doesn't cost anything or require any work for anyone to be a fool. So you can see why you don't want "to do" what everyone else does. (herd mentality, drives you off a cliff right along with them.)


There's many ways to the land of milk and honey. I can't say that any single specific way is wrong. It comes down to what your willing to risk to get there.

It's not easy as the pic below demonstrates as you will get many small wins and losses and appear to be "stuck in the mud" in terms of real growth. However, I haven't made any tweaks to this ea in a long, long time as this history of this thread would indicate. I didn't want to plow a bunch of man hours into something that might not pan out if you will.

But given light of recent activity I thought I would show that tweaks could possibly bring the light at the end of the tunnel into clearer focus. However, this isn't to suggest that I will make the EA public... because I did for a short time earlier in this thread and by the history of this thread you can see how well that turned out.