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  • #892,701
  • Apr 25, 2014 3:52pm Apr 25, 2014 3:52pm
Quoting Toranaga
{quote} he he he, as i PMed you..
Here you go Ah so many bastards, scammers etc… I wanted to invite and ask him to post some of his trades here…but we have all we need here. Isn't it ?

Quoting Able2Profit
Well, last my withdrawal was 7K, but my broker marked as scam on FPA. So who paid me? I depo 1K, for two weeks I earned 6K more. No, I agree that some reviews are real there. But If you'll try to post a good review of your broker you'll get some troubles with posting (from my experience). So I think there are 50/50 real and unreal reviews. As I read on site of one broker, FPA earn money from brokers by posting bad reviews about them and deletes those reviews only after broker pays to FPA some funds .
Don't be smart. Be rich.
  • #892,702
  • Apr 25, 2014 3:56pm Apr 25, 2014 3:56pm
Quoting Magix
I have a couple of friends, that are playing with a couple of my toys... Gotta love APRIL! {image} {image}
looks good.
Wherever you go, there you are.
  • #892,703
  • Apr 25, 2014 3:58pm Apr 25, 2014 3:58pm
Quoting mry2001
{quote} I will be very happy with 195% gain in a year.

EAs make for great tools in learning different strategies for trading and taking profit.

If you are looking to improve, they can help you along in your path.

That one in particular only started with $300, but with less than 16% draw on almost 200% gains in a month...there are certainly a lot worse ways to learn market.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #892,704
  • Apr 25, 2014 4:09pm Apr 25, 2014 4:09pm
Quoting maximinus
{quote} I know someone who made 6000 in two weeks with 1000 deposit. Do you want to know more ?
Interesting
how many trade he made in 2 weeks?
What his Max risk%?

I ask because want to know he risk much or am i still need much to learn
  • #892,705
  • Apr 25, 2014 4:15pm Apr 25, 2014 4:15pm
Quoting egkid
{quote} Interesting how many trade he made in 2 weeks? What his Max risk%? I ask because want to know he risk much or am i still need much to learn
You should not worry about it, consistency is a the key……consistency is difficult…….
Wherever you go, there you are.
  • #892,706
  • Apr 25, 2014 4:20pm Apr 25, 2014 4:20pm
Quoting egkid
{quote} Interesting how many trade he made in 2 weeks? What his Max risk%? I ask because want to know he risk much or am i still need much to learn
O yea Kid you have lot to learn. Great trader trade with minimum risk or risk zero and real pros don't overtrade. He took only two trades, one trade per week, not more, never. It's a golden rule.

Argggh, so many genius traders in FF.
Don't be smart. Be rich.
  • #892,707
  • Apr 25, 2014 4:36pm Apr 25, 2014 4:36pm
Quoting ill_be_back
{quote} Close both start fresh on monday
Thanks I have chosen different route, I may have made a wrong judgment, but will wait & see!!
  • #892,708
  • Apr 25, 2014 4:47pm Apr 25, 2014 4:47pm
Quoting CandleStar
{quote} Sunday evening is always a surprise, so it is completely up to you. I just closed my shorts with a micro win although PA is looking south atm. But it does that since hours. So my personal fear is a possible gap to the upside. Leaving your trades open is your own personal appetite for risk if you are greedy. I am greedy too but only up to a certain point where I am able to calculate the risk a little bit. But look at DaviT, he is running with myriad of shorts into the weekend-
Thanks for your prompt reply, I have chosen to be super GREEDY & often causes me a problem, who knows it may work in my favor or it may not!!
  • #892,709
  • Apr 25, 2014 5:28pm Apr 25, 2014 5:28pm
Quoting Magix
{quote} EAs make for great tools in learning different strategies for trading and taking profit. If you are looking to improve, they can help you along in your path. That one in particular only started with $300, but with less than 16% draw on almost 200% gains in a month...there are certainly a lot worse ways to learn market.
Hello Magix

Been looking at EAs an trying some on demos

But every traders dream is to find one that works

Tried 3 this week

Next week the plan is to troll through an try more with different settings.

The industry is geared to sell shit,with no support for the customer at all.

Being a clever dick we tried to set one up to run on 4 cross pairs,sorting of hedging really.

But being a greedy bastard when anything showed green we would take the profit.

An hopefully the EA would charge ahead an enter another trade.

The big picture to have some EAs that work on small trades,that do not blow your accounts
  • #892,710
  • Apr 25, 2014 5:43pm Apr 25, 2014 5:43pm
Quoting maximinus
{quote} I know someone who made 6000 in two weeks with 1000 deposit. Do you want to know more ?
I would love to know more on how he did it
  • #892,711
  • Apr 25, 2014 6:10pm Apr 25, 2014 6:10pm
Quoting maximinus
{quote} I know someone who made 6000 in two weeks with 1000 deposit. Do you want to know more ?
I also know someone who made 6000 in two weeks. She spent no money, only time with few.
The Thief of Wall Street
  • #892,712
  • Apr 25, 2014 6:12pm Apr 25, 2014 6:12pm
Quoting eliteincome
{quote} Hello Magix Been looking at EAs an trying some on demos But every traders dream is to find one that works Tried 3 this week Next week the plan is to troll through an try more with different settings. The industry is geared to sell shit,with no support for the customer at all. Being a clever dick we tried to set one up to run on 4 cross pairs,sorting of hedging really. But being a greedy bastard when anything showed green we would take the profit. An hopefully the EA would charge ahead an enter another trade. The big picture to have some...

Just like my forex Manual trading, I started cutting my teeth here at the factory with a couple of EAs.

Ya really need to start someplace.

I haven't found a lot of value in commercial wares and haven't found a lot of faith in commercial coding services and probably the one big thing you will find in your journeys is that traders do not understand code and most coders do not understand market...that typically leaves testing a lot of junk before you start to really gain a sense of these.

I took to learning some of the code and playing with something that I modified into a Swiss Army style EA. It will take a single trade and look for a small profit, or it will add to that trade by increments, additionals or multipliers. I have studied markets through several optics and all time frames and have taken my ideas and coded them into my Swiss Army core and have come up with some pretty fucking good earners.

Ya see, I had actually given up the hobby side of the coding stuff until I read a post where a member at another forum started to work with my ideas. He took his account and doubled it in just a little over 4 months. The account was $10k. This was all of the incentive I needed to dust off the keyboard and giver another whirl. Since then, he has rolled that same account a few more times and now keeps a $30k base in market just working with what a small group of us now develop together.

Someplace between a couple hun and several thousand per month are what we look to achieve and this is both dependent on the size of account and the amount of risk...really, each trader is different in their R:R thresholds and expectations.

My efforts have outgrown FF so I continue on with a few like minds and a few others looking to expand their knowledge base in another house.

We don't do the commercial thing, much the reason that I am still an active - non - commercial member here and the biggest commitment that I have asked from others was a minimum donation of $5 USD to get in on the gear. Through FF and it's members, that donation over the period of a few months gained over $5k towards charities around the world. With the help of a few new friends that have a lot more by way of coding ability and want to carry on with our charity efforts, we are developing Modular Systems that will blow the doors off of anything you will find commercially.

Point being...

Like anything else you do, when you commit to your overall achievement, work to improve and adapt as you grow, find a few like minds...the learning experience will supersede your idea of prosperity through automation, will make you a better trader and will give you a couple of extra shekkles to line the account or bank for the rainy days.

It really is a good game...just takes a long time to learn the rules.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #892,713
  • Apr 25, 2014 6:38pm Apr 25, 2014 6:38pm
Quoting Magix
{quote} Just like my forex Manual trading, I started cutting my teeth here at the factory with a couple of EAs. Ya really need to start someplace. I haven't found a lot of value in commercial wares and haven't found a lot of faith in commercial coding services and probably the one big thing you will find in your journeys is that traders do not understand code and most coders do not understand market...that typically leaves testing a lot of junk before you start to really gain a sense of these. I took to learning some of the code and playing with...
I really appreciate a trader like you, honest, and willing to help other traders. Knowing that the donation will go to charity, I will definitely give it a shot and try your toys.
  • #892,714
  • Apr 25, 2014 7:01pm Apr 25, 2014 7:01pm
We may not see any movement on the EURUSD until next week when we get the interest rate report and statement from the FED and also the NFP report next friday.
  • #892,715
  • Apr 25, 2014 7:57pm Apr 25, 2014 7:57pm
Quote
It really is a good game...just takes a long time to learn the rules.

That should be written in stone. Thats about.

Yep. The point is, the fun factor. Its such a cool thing to be able to trade.
(Knowingmt is the death to the mankind)

And following from time to time the rules. Or being able to se them.
Or liking Fibonacci's and knowing how to use them.

How to opt out annoying user signatures ??
  • #892,716
  • Apr 25, 2014 8:09pm Apr 25, 2014 8:09pm
Quoting thole91
{quote} I really appreciate a trader like you, honest, and willing to help other traders. Knowing that the donation will go to charity, I will definitely give it a shot and try your toys.

The donations are on hold as of current...all that ya need to do now is...participate...

Find the house.
Find the lab.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #892,717
  • Apr 25, 2014 8:25pm Apr 25, 2014 8:25pm
Quoting Magix
{quote} Just like my forex Manual trading, I started cutting my teeth here at the factory with a couple of EAs. Ya really need to start someplace. I haven't found a lot of value in commercial wares and haven't found a lot of faith in commercial coding services and probably the one big thing you will find in your journeys is that traders do not understand code and most coders do not understand market...that typically leaves testing a lot of junk before you start to really gain a sense of these. I took to learning some of the code and playing with...

Good post….

I understand nothing about coding, is it possible to code PA? My style of trading comes close to Al Brooks's, there is a lot a personal valuation in it, more like a combination of experience plus artist flair…..
Wherever you go, there you are.
  • #892,718
  • Apr 25, 2014 8:57pm Apr 25, 2014 8:57pm
Quoting milam
{quote} Good post…. I understand nothing about coding, is it possible to code PA? My style of trading comes close to Al Brooks's, there is a lot a personal valuation in it, more like a combination of experience plus artist flair…..

If you can verbalize it, it most likely can be coded.

There are a lot of Non-indicator based triggering logics available, but if is exclusive to you, you have to be able to put it into words that can be coded.

This is where I learned the most about trading was through trying to write the actual triggering logic...from there, you can look at an idea, gain a relatively quick sense and than give it a shot.

While in FF chatter and after a few (maybe quite a few) beers, I threw together one of my most popular trigger logics, FTL or Follow The Leader. Was really just an idea built on the conversation.

The triggering logic =
Longs - if (iClose(NULL,0,1)<iOpen(NULL,0,1)&&Bid>iHigh(NULL,0,1)) return (buy);
Shorts - if (iClose(NULL,0,1)>iOpen(NULL,0,1)&&Ask<iLow(NULL,0,1)) return (sell);

If you have seen any coding or any basic trading definition, you can understand what this says...

Longs, if the previous candle was a bearish candle and the current bid is higher than the previous candle high, buy.
Shorts, if the previous candle was a bullish candle and the current ask is lower than the previous candle low, sell.

This seems ridiculous...but because of the time frames that we can apply it to and the ranges that we look for prosperity in, it is actually quite successful. Along with this, we allow it to trade both longs and shorts at a time and allow it to cost average in trades to look for a common net profit.

Think about it...simple break out strategy...that's where it gets its power from.

Others that I have worked on, I use indicators to define the filtering and triggering, simply because it is easier to do. Along with this, it gives me additional experience in watching how indicators perform under restricted criteria and through their application.

Check HERE.

This was a strategy that I coded that was based on Davits charts and explanation of his trade logic. It was a challenge to see if I could write a Martingale or cost averaging EA on the M1 charts that could be traded as a $100 gamble.

The other 2 live trade myfxbook results posted previously, are the evolution of the idea.

They take the same sort of logic apply it and take exit under different criteria.

Indicator based trigger market dynamics. That's about as kewl as it gets!

Taking an applicable idea and staying long until it is time to short and short until it is time to be long and finding a little success through more wins than losses.

These really will show that you don't have to win every trade to be prosperous...ya just have to have an idea of how they can move forward while being conservative in gains and when they should be cutting their losses.
(HINT -> It's never a STOP LOSS!)
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #892,719
  • Apr 25, 2014 9:10pm Apr 25, 2014 9:10pm
Quoting thole91
{quote} I really appreciate a trader like you, honest, and willing to help other traders. Knowing that the donation will go to charity, I will definitely give it a shot and try your toys.
The Charity Thread that I had set up was to coincide with Christmas.

One of the people who donated has left one of the Shared for Donation EAs running since.

Check it...

HERE.

And if you hit the link, check out the other versions that Sarah is testing and for how long...

Sure there is some Draws on the account...but where in market do you not find risk?
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #892,720
  • Apr 25, 2014 9:31pm Apr 25, 2014 9:31pm
Quoting Toranaga
Or liking Fibonacci's and knowing how to use them.
How's about Harmonics as applied to automated...

Applied to an M5 time frame and cost averaging allowed...
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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