Marty (By mdgoldsborough)
| Gain : | +1949.23% |
| Drawdown | 29.92% |
| Pips: | 6914.5 |
| Trades | 415 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:50 |
| Trading: | Manual |
Marty Discussion
Oct 27, 2010 at 21:34
Hi. Your system looks great with constant income. If you are interested to automate it, please follow to www.fx-coder.com
There is a guy who is making EAs from profitable systems.
There is a guy who is making EAs from profitable systems.
Member Since Sep 10, 2010
10 posts
Oct 29, 2010 at 16:05
Thanks but I already have a Neural Net EA in the works...
Only Kill a trade when the initial idea is no longer valid...
Member Since Oct 28, 2009
1430 posts
Nov 02, 2010 at 12:59
The answer is in the General tab, under trading. It's a manual system.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Sep 10, 2010
10 posts
Nov 02, 2010 at 13:42
Yes, thanks Steve, it is a Manual System. I am working on an EA but that is at least a year from being usable. Thanks!
Only Kill a trade when the initial idea is no longer valid...
Nov 03, 2010 at 05:06
Hi Micheal,
Very nice results...well done...are you running a managed account with this?
Reason I ask I am trying to hear from real traders with managed accounts how well the logistics work...slippage...re-quotes etc
Thanks
pdub
Very nice results...well done...are you running a managed account with this?
Reason I ask I am trying to hear from real traders with managed accounts how well the logistics work...slippage...re-quotes etc
Thanks
pdub
Risk management and consistency
forex_trader_16715
Member Since Aug 14, 2010
219 posts
Nov 04, 2010 at 03:43
mdgoldsborough posted:
Thanks but I already have a Neural Net EA in the works...
Really? I've only heard that Neural Nets are pipe dreams for most and i'ts more of a concept ' How far down the rabbit hole do you want to go?'
I have a friend who is on the same mission because some successful trader pops his head into the IRCforex once in a while and
says ' Hey, I stopped using charts a long time ago and now my calculations tell me to buy and sell.'
He is using Matlab-mysql-and DDE for data collection. What is your path?
Member Since Sep 10, 2010
10 posts
Nov 04, 2010 at 11:54
duzyfx - Yes, it is, at it's core a Martingale, but I have VERY strict money management rules and start smaller than my trading account would suggest. Also, it forces me to be more stringent on they entry, the exit I am not to concerned about, but the entry is how I make my money. Yes, I have a maximum of 4 doublings and then I have a ceiling (or floor) that gets me out at my risk max. I also should point out that I don't use a platform based Stop Loss, it is all mental and manually executed. Thanks for the interest.
Only Kill a trade when the initial idea is no longer valid...
Member Since Sep 10, 2010
10 posts
Nov 04, 2010 at 11:58
Elite Trading Team - Neural Nets are not a pipe dream, you just have to know it's limits. We are using c+ for the coding and then writing the data to a DLL and then we have a simple EA in Metatrader execute the trades based on the action given by the program. Please forgive me if that doesn't make any sense, I am a trader and not a programmer...this is why I have hired one :)
Only Kill a trade when the initial idea is no longer valid...
Member Since Aug 31, 2010
3 posts
Nov 04, 2010 at 12:07
Hi Michael Goldsborough,
it's nice, i am interesting about it.
it's nice, i am interesting about it.
Member Since Sep 10, 2010
10 posts
Nov 09, 2010 at 20:02
duzyfx - No, no margin call, but thanks for the concern :) I trade with such a small % of my account that there would need to be a 10,000 pip swing to get even close to a margin call. My mental stop would get me out long before that. You can see that October was not a great month for me (even though I did make a profit and fxbook says I lost 39%, can anyone explain how they come up with the numbers??) So, I took some time to reassess the markets - I don't trade while I am doing this so that is where you see the fall off. As of Wed last week I am back in the markets and currently I am short the EURUSD.
You should know that I don't just double my position at random spots, there are strict rules that warrant my implementing the Martingale. Also, I have only reached the maximum iterations (4) twice this year, so you can see that I am very careful about it.
You should know that I don't just double my position at random spots, there are strict rules that warrant my implementing the Martingale. Also, I have only reached the maximum iterations (4) twice this year, so you can see that I am very careful about it.
Only Kill a trade when the initial idea is no longer valid...
Nov 15, 2010 at 07:22
Hey,
Not my style of trading but I have to give you kudos for getting to the top of world at myfxbook. You must have very strict money management to get as far as you have with a martin. Very Well done!
I was wondering why you do not show your balance and equity, you are very open that you are trading marty style so I don't see any need to hide the balance.
Again, I think you have done quite a money management feat!
Not my style of trading but I have to give you kudos for getting to the top of world at myfxbook. You must have very strict money management to get as far as you have with a martin. Very Well done!
I was wondering why you do not show your balance and equity, you are very open that you are trading marty style so I don't see any need to hide the balance.
Again, I think you have done quite a money management feat!
1 pip pip banked is worth more than the rest out in the market.
Member Since Sep 10, 2010
10 posts
Nov 15, 2010 at 15:28
Damon,
Thanks for the compliment! Money management is #1 in my system, nothing supersedes my Risk profile.
For the protection of myself and my clients, I keep my balance and equity hidden.
I don't find it necessary to show how much I am working with. Once you establish a good ROI % then all it is is zeros at the end of a number.
If you are concerned that I only have a $300 balance as opposed to a $300,000 balance, then you aren't looking at the right things. It's the methodology and system, not the # of zeros.
I have read your page and you are quite the hothead, however your 'kudos' is very much appreciated, but please don't ask for my account balance or equity, Thanks!
Thanks for the compliment! Money management is #1 in my system, nothing supersedes my Risk profile.
For the protection of myself and my clients, I keep my balance and equity hidden.
I don't find it necessary to show how much I am working with. Once you establish a good ROI % then all it is is zeros at the end of a number.
If you are concerned that I only have a $300 balance as opposed to a $300,000 balance, then you aren't looking at the right things. It's the methodology and system, not the # of zeros.
I have read your page and you are quite the hothead, however your 'kudos' is very much appreciated, but please don't ask for my account balance or equity, Thanks!
Only Kill a trade when the initial idea is no longer valid...
forex_trader_22776
Member Since Nov 14, 2010
2 posts
Nov 22, 2010 at 08:02
'For the protection of myself and my clients, I keep my balance and equity hidden.
I don't find it necessary ....'
Do you accept new clients, and if so, under what broker, what are your fees, etc.
Thanks
Member Since Sep 10, 2010
10 posts
Nov 29, 2010 at 15:10
I am not accepting any clients at this time. Thanks!
Only Kill a trade when the initial idea is no longer valid...
