Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,721
- Jun 17, 2016 3:35am Jun 17, 2016 3:35am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
- #1,722
- Jun 17, 2016 4:02am Jun 17, 2016 4:02am
The entire week compiled on the 28 pairs with filtered days... Just over 10% gains on the week...really, nothing wrong with this IMO... {image}
My 7 Live is also doing very well. Looking at the profit for 7 pairs for one week !
That DD you see it is because of closing the loss and closing the profit orders of one long pending set. It happen between 2016.06.13 09:32:17 and 2016.06.13 09:34:17 so only 2 minutes
"The needs of the many outweigh the needs of the few" - Spock
- #1,723
- Jun 17, 2016 4:14am Jun 17, 2016 4:14am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
{quote} Surviving a 'goofy' week in this way is very positive in my humble opinion. Kudo's for the logic again ! My 7 Live is also doing very well. Looking at the profit for 7 pairs for one week ! That DD you see it is because of closing the loss and closing the profit orders of one long pending set. It happen between 2016.06.13 09:32:17 and 2016.06.13 09:34:17 so only 2 minutes
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,724
- Jun 17, 2016 4:35am Jun 17, 2016 4:35am
- Joined Jun 2012 | Status: Trader | 1,281 Posts
I never lose - either I win or I learn...
- #1,725
- Jun 17, 2016 4:40am Jun 17, 2016 4:40am
- Joined Jun 2012 | Status: Trader | 1,281 Posts
{quote} Hey Jdva, where can I get that reporting indicator? Do you mind sharing, does that max DD include floating DD or only realized DD? Need a tool to show what the max floating DD is.
I never lose - either I win or I learn...
- #1,726
- Jun 17, 2016 4:55am Jun 17, 2016 4:55am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
{quote} thanks Magix for explaining that so detailed...I did forget the fact about the "wussy close"... Happy trading, jdva
I've been through these hundreds of times...adding in ideas, erasing ideas, adding them back in...
So much so that sometimes I have to refer to the code when trades closed.
For anybody else working with these, it can be little confusing, so really, it is better to ask and know than keep quiet and not.
If the event ever comes up that this thing goes licensed or 100% live, it really is best you have as much understanding as possible.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,727
- Jun 17, 2016 4:59am Jun 17, 2016 4:59am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,728
- Jun 17, 2016 8:11am Jun 17, 2016 8:11am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,729
- Jun 17, 2016 9:00am Jun 17, 2016 9:00am
- Joined Jun 2012 | Status: Trader | 1,281 Posts
Few more orders closed, $250 on the day...$500 on the week. Happy with that! {image}
I never lose - either I win or I learn...
- #1,730
- Jun 17, 2016 9:12am Jun 17, 2016 9:12am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,731
- Edited 12:36pm Jun 17, 2016 12:07pm | Edited 12:36pm
- | Joined Oct 2015 | Status: Trader | 280 Posts
Looks like it's working pretty close to dead on balls for Spencer... His open trades should now be closed...very kewl...Only slight differences from the Thread Version and what was going to be the commercial version. Link {image}
Interested to see how it will perform on a quiet week.
My one demo trading my same 5 pairs as my Live accounts, I left to trade through the news. Didn't bode well for the account and it got wiped out!!
http://www.forexfactory.com/spencerbizze#acct.48x2
This shows the importance of managing your EA, especially when you go live. Make sure you are following the news for the pairs you are trading and anything that can cause too much action I would suggest pulling out until the action is over.
Fairly slow week for my Iresh live accounts but I didn't push them hard with all this news around and all the rumors of the Brexit is not helping. Not much trading happening for the next week as well.
Magix, you guys making some progress on your sale and the ability for us to purchase licences? Or is it not looking good?
- #1,732
- Jun 17, 2016 1:43pm Jun 17, 2016 1:43pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,733
- Jun 17, 2016 1:53pm Jun 17, 2016 1:53pm
- Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
Hunting High and Low
- #1,734
- Jun 18, 2016 5:50am Jun 18, 2016 5:50am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,735
- Jun 18, 2016 5:52am Jun 18, 2016 5:52am
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
After a Month of trying and over 100 days in training...
My son finally made it home for the weekend!
Gunna be hanging out and catching up with him...go for a couple of boots in the new truck, perhaps sip a few cold beers.
Enjoy your weekend...
My son finally made it home for the weekend!
Gunna be hanging out and catching up with him...go for a couple of boots in the new truck, perhaps sip a few cold beers.
Enjoy your weekend...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,736
- Jun 18, 2016 9:09am Jun 18, 2016 9:09am
After a Month of trying and over 100 days in training... My son finally made it home for the weekend! Gunna be hanging out and catching up with him...go for a couple of boots in the new truck, perhaps sip a few cold beers.
"The needs of the many outweigh the needs of the few" - Spock
- #1,737
- Jun 18, 2016 12:33pm Jun 18, 2016 12:33pm
- Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
{quote} The Daily Filter seemed to kick ass on this last week, where as not filtering the days, well...you can see by the thread explorer that it's not looking as happy.
2. As fot the explorer, do you mean the upper explorer? if yes, it is not looking as happy, you are right.
In order for you to have a smooth deposit line rising up, as you know, you should cut off the losses as soon as possible.
I used to trade such an algo as you do, as you know, and I do use it from time to time now, and I now know I should close the net at the specific loss percentage, say, 10%. It should give us a saw-like line, but it should be rising. The matter is that you should find this percentage value to have the line rising in the end, otherwise you are having the declining line as you explorer shows. I saw such a line many times.
{quote} Personally and manually I will trade pairs with high impact news on the day, but am very selective with the times I trade and the pairs in trade and will cross correlate filter for highest probabilities...but going off of something that just automatically trades without the feel of real, the FKIC logic has been doing pretty fecking good.
That is why I now trade 2 pairs only - EU and USDRUB.
And I said some time ago that pairs should not be correlated as much as possible - that would be diversification.
However your EA is operating with 28 pairs.
Sorry, my friend, but I think, you will have your demo deposite wipeout in the future.
{quote} Next week will be a snore fest as I won't have any skin in the game, so to speak...and with a couple hands full of obligations, won't be seeing a whole lot of July.
We will meet later. I am myself about to switch off the computer for some weeks.
{quote}The bulk of funds turned this week was on Friday and given that 28 pairs in test sat out for more days than traded, still managed to turn some 18% on a $3k account. $3K start surviving 28 pairs is actually pretty incredible, imo...turning a profit...even better!
I think, one pair - one thousand of $
Best
D.P.
Hunting High and Low
- #1,738
- Edited 3:53pm Jun 18, 2016 3:39pm | Edited 3:53pm
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
{quote} 1. The Daily Filter is automatus, is not it? 2. As fot the explorer, do you mean the upper explorer? if yes, it is not looking as happy, you are right. In order for you to have a smooth deposit line rising up, as you know, you should cut off the losses as soon as possible. I used to trade such an algo as you do, as you know, and I do use it from time to time now, and I now know I should close the net at the specific loss percentage, say, 10%. It should give us a saw-like line, but it should be rising. The matter is that you should find this...
For shame, for shame...
How can you compare apples to oranges if you've never had an orange?
Much like a lot of the FF membership, I seriously don't want people to trust my word. More over, I typically don't really give a flying fuck what most people think.
Reason being, I've been around to see the over woolen eyes of the average schlep at FF and their trading myths and habits. It really is kind of sad.
Like this guy -> Hanover
This fucking clown has something to say about almost everything trade related...and the funny thing is, this guy hasn't traded forex for most of his FF membership, up to and including current.
817 current followers of a guy who:
1. Is afraid of trading.
2. Has never come up with a successful system or methodology that would assist in trading in over a decade.
3. Derives 100% of his information from the pathetic work of other market failures.
4. A decade posting about a topic he has no experience with...HE could be posting on feminine napkins and be more relevant than on his posts about trading Forex.
Don't believe me?
Go through his history at FF, and see how many live trades he's taken...go past that, and see where he replied to me as to when he took his last trade.
817 people, who already aren't smart enough to trade market, following a guy whose confessional includes the disclaimer that he has no ability to trade market.
Now...Admittedly, I am an asshole...I'd be willing to bet that I am actually on more ignore lists than have subscribers.
And, not only do I trade this shit live and post some 90% winning targets...I've managed monies for others and still have the time to fuck around with code.
Amusing...isn't it?
Do you wonder why the market place for traders will always show the odds in the hands of market/broker?
Look no further.
It's the blind leading the blind.
But...let's move on past this.
You have an Algo you work with occasionally.
You suggest that a minimum $1k account per pair is necessary.
That may be on the shit you are working with...but I don't actually recall you asking for a license.
I don't recall lunch yesterday either, so I might be a little confused...
But are you really comparing apples to oranges, without ever having an orange?
I lay a trail of breadcrumbs for others to find...in this, some have, some haven't...some will, some won't...
Now...I could post accounts, statistics, trade close averages and margin requirements that I work with...and you know what this is worth?
Yup...Fuck All!
Because nobody who has read this far has been or will be through market in the same analytics as I use.
I don't think they should...there really is a lot more to life than watching moving dots on a screen and trying to sift through this shit...especially if the ground work has already been done.
So...I say...unless you have tasted an orange, you probably shouldn't comment on their flavor.
And even in this...not all oranges are created equally.
But don't take my word.
Take the word of others.
GO5 - Link -> 8 pairs under selective trading.
Radidya - Link -> 11 pairs in trade...$1000 start...50% gains on account.
JohnHere - Link -> A selective style that is leaning on automated to help cover the losses of manual intervention.
SpencerBizze - Link -> view all accounts and read through the traders posts. See if you can actually determine the true dollar value of his live account(s)...and see if you can follow his use of the thread suggested intervention by user defined options in the current version.
Reamasesa - Link -> Last but not least...165% gain on an account that started with $50.
I absolutely encourage others to challenge the logic and the merits of using indicators, cost averaging, pyramids, increasing lot sizes, automation, trend following...but until they've tasted an orange, encourage them to stick to talking about apples.
Have a good couple weeks off...every once in a while, unplugging definitely lends itself to perspective.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
- #1,740
- Jun 19, 2016 3:29am Jun 19, 2016 3:29am
- Joined Jun 2014 | Status: Invisible | 1,472 Posts
Guys, does anyone know of an EA that will close all trades once a certain equity level is reached and disable all expert advisors/automated trading so no further trades are opened. I'm doing this manually at the moment and seems to be working thus far. I aim for a very modest target and once it's reached I cease trading for the day and walk away til the next day.