Zero Net Loss Trading Strategies | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Zero point Zero 178 replies

from zero to zero way 66 replies

The Pivot Net Revisited (Weekly Pivot Net) 41 replies

Focus on loss avoidance strategies 2 replies

Forex loss recovery strategies 3 replies

Attachments: Zero Net Loss Trading Strategies
Exit Attachments

Zero Net Loss Trading Strategies

  • #81
  • Jun 13, 2011 4:30pm Jun 13, 2011 4:30pm
Mr Johnvr, Your comments are very interesting and wonderful.
  • #82
  • Jun 13, 2011 4:34pm Jun 13, 2011 4:34pm
Quoting ido370
You could might consider trying this EA.
When attaching the EA to your chart it will open a buy and sell order inmediately.
Then, after reaching the given distance, it will place a new buy or sell order, until the profit equals the minprofit variable.

Since, this EA is always in trade, if you want to quit trading it, you should set the EA option stop to true.

when stop is set to true, the EA will stop placing new orders when the current orders are closed in profit.

P.S. it does calculate the profit including commission and/or swap.
Hi ido,
is this EA yours or did you find it somewhere?
Actually, at a first backtest trial, it doesn't look promising. EU 5Min Jan 2009 to... when I was bored to see what it was making (Aug 2009). Overall no profit at all, and when I stopped it, closing all the pending losing trades it was hard.

I'm anyway very interested to the topic of hedging and non-conventional trade management. I made quite a lot of research on the topic... And made also my brave experiments in the past.

Bye

BL
πάντα δοκιμάζετε τὸ καλὸν κατέχετε
  • #83
  • Edited 4:55pm Jun 13, 2011 4:37pm | Edited 4:55pm
Quoting betterlife
Hi ido,
is this EA yours or did you find it somewhere?
Actually, at a first backtest trial, it doesn't look promising. EU 5Min Jan 2009 to... when I was bored to see what it was making (Aug 2009). Overall no profit at all, and when I stopped it, closing all the pending losing trades it was hard.

I'm anyway very interested to the topic of hedging and non-conventional trade management. I made quite a lot of research on the topic... And made also my brave experiments in the past.

Bye

BL
Good-day Betterlife,
It is not adviseable to use an EA for the strategy.You trade Manually.I will come up with a clear picture of what the strategy is by tomorrow.

Thank you.
  • #84
  • Jun 13, 2011 6:00pm Jun 13, 2011 6:00pm
Quoting betterlife
Hi ido,
is this EA yours or did you find it somewhere?
Actually, at a first backtest trial, it doesn't look promising. EU 5Min Jan 2009 to... when I was bored to see what it was making (Aug 2009). Overall no profit at all, and when I stopped it, closing all the pending losing trades it was hard.

I'm anyway very interested to the topic of hedging and non-conventional trade management. I made quite a lot of research on the topic... And made also my brave experiments in the past.

Bye

BL
Bl, i created the EA. I use it with a distance of 100 and minprofit of 1, and yes the profit is very low, but seemed for me the only way to make the balance go up and always win more than losing
I'm still working on it, with BE and trail options so might do much better than.
In backtest it will fail when you stop or last date is ended, because trades are still floating then.

You can only switch off safely by setting the stop to true and wait till it closes with profit.
This is somethig you cannot just change when backtest is running, that's what you noticed.

In real mode, it works perfect for me.

And eventhough the profit is very low, why not just add the EA on an extra chart, while the PC is running 24/7 anyway?
  • #85
  • Jun 13, 2011 7:33pm Jun 13, 2011 7:33pm
Right, and that is what I am doing at the moment.

One question: any changes that need to be made to the settings when running it on a 5 dec. broker?
100 pips distance seems a lot.
  • #86
  • Jun 14, 2011 1:48am Jun 14, 2011 1:48am
Thanks for all the replies.
oluwadare: yes, looking forward for the system explanation. Up to now what I've got is just opening two hedging positions, but I think that you need more.

ido & freddy: yes, in principle you're right. ido, on which timeframe are you trading out the EA? My little problem is that, in several months, during my backtesting, the machine was making something around 80$ out of a $10.000 demo account... you know: if you buy treasury bills, instead, you get much more.

Up to now, for me, trading has been a hobby. A quite cumbersome one. What I'm looking for is trading as a business. The rest is no longer very interesting for me.

Looking forward for the interesting developments here. Certainly oluwadare statements are more than treasury bills and promising for making a living out of this. Given that it is not just luck and risk can be managed.

Bye

BL
πάντα δοκιμάζετε τὸ καλὸν κατέχετε
  • #87
  • Jun 14, 2011 2:01am Jun 14, 2011 2:01am
Quoting Freddyfx
Right, and that is what I am doing at the moment.

One question: any changes that need to be made to the settings when running it on a 5 dec. broker?
100 pips distance seems a lot.
no changes are needed for 5 digit broker, it works.
100 pip distance can be changed of course to 50 for example, but there could be times that there are many orders open when you set the distance very low and the market keeps "touching" the levels and turns around, therefore i set it to 100, which should be fine with a micro account

Betterlife: timeframe does not matter, it only watches the distance you set.
  • #88
  • Jun 15, 2011 5:39am Jun 15, 2011 5:39am
Quoting ido370
sure. i just came home from a party, so gonna sleep first
i'll upload the ea tommorow in this thread so you can play with it. i used it about 3 times last 2 weeks (and especially on trichet day...) so i was sure to get another 1 euro (which is set as profitlevel on this micro account )
i'm using it with a pip distance of 100 pips, and a minimum profitlevel of 1.
in backtest i've seen it at a maximum of around 30 orders last 2 year, so that's still easyily done with micro account with 0.01 lotsize
I hope you had much fun at the party. I downloaded the EA, thank you very much for your interest! However I need the source code (mq4) of the code to make my modifications. Can you help?
  • #89
  • Jun 15, 2011 6:25am Jun 15, 2011 6:25am
Quoting savastekin
I hope you had much fun at the party. I downloaded the EA, thank you very much for your interest! However I need the source code (mq4) of the code to make my modifications. Can you help?
I can send you the source in a few days, since im not at home now. What do you want to modify or add if i may ask?
  • #90
  • Jun 15, 2011 6:50am Jun 15, 2011 6:50am
May I ask if any of you grid traders, martingalers, semi martingalers, multi-tiered entry, no stoplossers, equal sized hedge on the same currency traders ever traded the period around May 2008 till december 2008?

I will believe you if you said you were using these methods and successfully traded into profit during that time period.

Otherwise, you are all bullshitting me.

Gurus come and go every 4 years. Is it that time of the year where all the gurus come out again?
  • #91
  • Jun 15, 2011 7:19am Jun 15, 2011 7:19am
Quoting thelws
May I ask if any of you grid traders, martingalers, semi martingalers, multi-tiered entry, no stoplossers, equal sized hedge on the same currency traders ever traded the period around May 2008 till december 2008?

I will believe you if you said you were using these methods and successfully traded into profit during that time period.

Otherwise, you are all bullshitting me.

Gurus come and go every 4 years. Is it that time of the year where all the gurus come out again?
Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph.gif Size: 7 KB


i will post a new one with better % later. need to have my fxpro account to do so,..
  • #92
  • Jun 15, 2011 9:52am Jun 15, 2011 9:52am
more than 40 hrs after nothing
good picture oduwalare
  • #93
  • Jun 15, 2011 10:00am Jun 15, 2011 10:00am
Quoting thelws
May I ask if any of you grid traders, martingalers, semi martingalers, multi-tiered entry, no stoplossers, equal sized hedge on the same currency traders ever traded the period around May 2008 till december 2008?

I will believe you if you said you were using these methods and successfully traded into profit during that time period.

Otherwise, you are all bullshitting me.

Gurus come and go every 4 years. Is it that time of the year where all the gurus come out again?
And I laugh and laugh and laugh!!! Be in control of your trades and not the trades controlling you.
  • #94
  • Jun 15, 2011 10:49am Jun 15, 2011 10:49am
so Oluwadare when will you come up with a clear picture of what the strategy is?
  • #95
  • Jun 15, 2011 1:26pm Jun 15, 2011 1:26pm
Quoting ido370
Attachment

i will post a new one with better % later. need to have my fxpro account to do so,..
U can see that the shareholders are laughing to the bank.http://fxwealth.mtrocket.com

You will get some of my lectures soon.
  • #96
  • Edited 3:31pm Jun 15, 2011 2:01pm | Edited 3:31pm
Good-day Sirs and Mas,
This is not a STRATEGY BUT A WIN GAME. ALL YOU NEED IS GAME THE MARKET AND MAKE SURE YOU IN CONTROL OF THE MARKET AND NOT AT THE MERCY OF THE MARKET.
Please Read the introductory post very well.The only inclusion is the use of the grid indicator so that we can easily make our trades on 100s to prevent head aches and errors.I dislike stress!!!
For All explanation I am using EUR/USD
Reason are as follows:
1. I have dully backtested it on the strategy.
2. The range of EU on 1hr chart is about 60pips, 200pips for 4hrs chart, 300+pips for daily chart.Ranging market is the worst case scenerio using this strategy.
If you will use any other currency, you have to do the same analysis.

The first thing we think of is Worst Case Scenerio when using any strategy.
Before you enter a trade, a wise trader analyses his losses very well and not just his win.

Point:
8.Risk 1% on every 20% of equity per trade

Maximum of 5% of equity at any time T.To always laugh on weekly basis with 5-10% profit on equity you have to divide the 5% into maximum of 2places or more. I mean 2.5% per trade or 2% or 1% so that when 1 trade is wrong you can start another trade on same or opposite direction using the same % lot(Not the hegde trade now but another set of trades).

Handling Losses:
1. Assuming your trade is on buy 1lot and the trade goes against you with 100pips as stop, your pending order of sellstop 2lot is trigged 100pips below the buy lot 1. If the trade goes down down down, close it either at no gain no loss(100pips below sellstop 2lot) or gain 100pips+.

2.If the trade goes against you when sell 2lot is triggered, just set a pending buystop 2lot at the price of buy 1lot and set take profit of buy 1lot at entry price.
After the reversal you buy 1lot closes at $0 and the buy 2lot is executed.At this point your trade is hedged on 2% loss inbetween. Note that,if it is a ranging market you make money trading against the range.

The way Out!
A. Allow the trade to brake out using your daily and 4hrs chart.
B. Wait for a valid resistant point 100-200pips+ away. When the resistant point is reached and you can see a strong reversal sign, Take the leg in profit. Lets assume the market went 250pips away in the buy direction,take profit of 250pips in the buy direction when the market has reversed away from the resistant point.
C. Set a pending order of buy 2lot above the resistant point.Let the sell 2lot leg to reverse by 100pips and close it at NO GAIN NO LOSS. If it reverses by more 100pips then it is a GAIN.

How to spot a clear Reversal:
1. Ensure it is a resistant point.
2. On you 1hr chart the market will give a slow reversal for a long period of time which will be confirmed by your 4hrs chart.
3. Be highly calculative
4.If the strategy don't work the present resistant point be sure that it will work on the next one.

OR
Build a Trade against the 2% loss to hedge it out.I will explain it with a chart latter.

3. I will expound on how to edge your portfolio from unforeseen losses.You don't expose your equity to the market!!!!!!!. You must be in control of your trades and equity.

I will continue with trading methods later in the day."Be ready to think outside the box".

Thank you.
  • #97
  • Edited 3:16pm Jun 15, 2011 2:10pm | Edited 3:16pm
same as -
http://www.forexfactory.com/showthread.php?t=109589
100% Win Math Grid EA

with different range (100 pip levels)

no edge solely in this....
welcome to the possibility of weeks of draw down
or worse...
  • #98
  • Jun 15, 2011 2:13pm Jun 15, 2011 2:13pm
Quoting Intu
same as -
http://www.forexfactory.com/showthread.php?t=109589
100% Win Math Grid EA

different range (100 pip levels)

no edge solely in this....
welcome to the possibility of weeks of draw down
or worse...
Ooops, dude you're harsh man! You didn't even allow him to finish his 'remix' before referring us to the original version!
Less is more...
  • #99
  • Edited 3:36pm Jun 15, 2011 3:26pm | Edited 3:36pm
Quoting Intu
same as -
http://www.forexfactory.com/showthread.php?t=109589
100% Win Math Grid EA

with different range (100 pip levels)

no edge solely in this....
welcome to the possibility of weeks of draw down
or worse...
Friend we don't use EA here and this is a zero netloss strategy.Check the video:http://fxwealth.mtrocket.com/ . Think outside the box and be open minded.
  • #100
  • Jun 15, 2011 3:34pm Jun 15, 2011 3:34pm
Quoting ajantala
Ooops, dude you're harsh man! You didn't even allow him to finish his 'remix' before referring us to the original version!
That guy made me laugh and laugh and laugh.He needs my eagle eyes.He is one of those traders tossed tro and fro. I am still LAUGHING AND LAUGHING.
0 traders viewing now