Posts de BluePanther - Page 52

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 26, 2014 at 23:51

I do not consider myself an expert, nor do I wish to portray myself as anything such. I use this blog for my personal account of the changes in strategy that I make, but I make it public to share things which I hope others can learn from..."No one lives long enough to learn everything they need to learn starting from scratch. To be successful, we absolutely, positively have to find people who have already paid the price to learn the things that we need to learn to achieve our goals." - Brian Tracy----------------------------------------------------------------------------------------...

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 26, 2014 at 23:31

Hmm, myfxbook is playing up (like they say, lies, damned lies, and statistics):1. shows positive trades as negative gains, shows negative trades as positive gains...?2. showed 0.09% positive gain for this month, where before (and now) it was 103.2% negative gain.For ACCURATE stats, please visit mt4i.com 😡

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 26, 2014 at 23:13

Considering the history of Golden Future EA, I am thinking perhaps I should use the reverse-grid martingale EA with 0.01 lots per $100,000 (as opposed to $10,000). "Too much margin" is better than "not enough margin". 😉Sticking to low margin-requirement EAs for now: "high-interest savings account" (or "low-returns forex account") 😉

Euprates (legacy) dans Systèmes de Trading Jan 26, 2014 at 22:56

I see you have tried many pairs but are focusing on EURUSD, GBPUSD and AUDUSD. They most certainly are the easiest pairs to focus on when trading! 😎Keep up your good performance!

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 24, 2014 at 10:41

"As Forex traders we have to come to terms with the elements of trading that are completely out of our control. In order to progress we have to accept, (even begin to embrace), that lack of control very early on in our personal trading evolution. Price is obviously the most prominent trading factor bar none and equally there's one immutable fact, price is a trading factor that we have absolutely no control over. For us to become successful forex traders we have to accept that we have no control over what price will do, we can only take a position in our chosen market based on our inte...

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 24, 2014 at 02:57

I'll try this one again, but I MUST strictly stick to 0.01 lots per $5000 (maybe?) or $10,000 (better).Martingale, even though it is x1.1, needs lots of margin.

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 23, 2014 at 23:50

Yes, I took big risks, but the results speak volumes about the broker too. Looking carefully at the history you can see slippage and you learn about the broker's behaviour. IC Markets is OKAY as a broker, and they are regulated in Australia which is pretty safe (not guaranteed, but safer than Panama or Cyprus).No broker will allow traders to consistently win ...is this true? I have yet to find a legitimate broker that will prove this statement wrong.

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 23, 2014 at 11:36

Arggh! I hate checking my account and seeing no activity! The market keeps making money, but I ain't seeing any of it! 😡

ISEA Robot dans Systèmes de Trading Jan 23, 2014 at 09:59

Please, do share more info on your system! Demo is always ridiculously optimistic results... you should try real next time. 😉

Caesar2SteveZ dans Systèmes de Trading Jan 23, 2014 at 09:42

Wow, very nice indeed! Keep it up! 😎

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 23, 2014 at 07:21

Well, there's my answer: EURTRY is not a good pair to trade. I had noticed some slippage and bad fills, so that doesn't help.Frigging annoyed at starting again, but i will quickly make the money back WHEN (if) I find the right advisor.

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 22, 2014 at 20:38

Hmm, EURTRY is a good pair (but good means higher risk). Yesterday achieved 13% (which is excellent) but I probably could have achieved more with EURTRY.I am thinking of going back to EURTRY... 0.01 lots per $5000 or $10,000 though.

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 22, 2014 at 15:50

Removed EURTRY, added:-EURAUD and-GPS Forex Robot on EURUSD (the only robot I trust, though it trades seldom, and mostly only EURUSD).I am always tempted to increase profits by increasing risk, but I must be patient. I need to keep a minimum of pairs and keep to the rule of 0.01 lots per $1000 in account. With slow but stable account growth I should hope to see a compounding (logarithmic) effect."Fall seven times, stand up eight." Japanese proverb

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 22, 2014 at 14:57

RSI Trading Strategy – Does it Work Best During Asia Trading Session?By David Rodriguez, Quantitative Strategisthttp://www.dailyfx.com/forex/technical/article/forex_strategy_corner/2011/01/31/RSI_Trading_Strategy_Does_it_Work_Best_During_Asia_Trading_Session.htmlHmm...

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 22, 2014 at 11:54

Big drawdown on EURTRY... I need to get rid of this pair, but I am waiting on the current 22 sell trades to close (hopefully!).I may not bother using a fourth pair, since I am well in excess of my daily target of 2%. 😎

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 21, 2014 at 22:10

The question remains: how to achieve 30% EVERY day, with NO LOSING DAYS?I am considering opening some new accounts, each account with one, two, and three pairs, so that they each have a different level of risk. If the higher risk one blows, the other lower risk accounts will survive.2% per day is easily achieved, so perhaps I should aim higher...?It has been said before: it is not how much you make when you are right, it is how little you lose when you are wrong..."When I worked as an investment broker many years ago I found that the most successful traders I worked with often lost on 90%...

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 21, 2014 at 09:08

RULES:1. 200 open trades (UNCHANGEABLE)2. Three pairs: XAUUSD, EURUSD, GBPUSD (200/3 = 66 open trades per pair)> 3. 0.01 lots on every pair, per $1000 of account balance4. RSI 'ON' for all pairs (setting='6')5. Reset grids when: a) open loss = 10% of account balance or b) 200 open trade limit nears6. Keep 'safe' grid (10, 30, 5, 30), with no max loss....still aiming for 2% daily profits, and still contributing a minimum of $2000 per fortnight.I'm thinking of increasing XAUUSD since this pair is more volatile and closes baskets quicker than EURUSD and GBPUSD. Also...

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 20, 2014 at 00:39

Hmm, I looked at the H1 charts and it looks like XAUEUR was in an uptrend (despite daily looking like a downtrend). I have closed all open positions, and my account is pretty much at $0. WASTED!Well, I guess starting from $0 can give me a fresh start, but now I can't trade until I have some capital in my account.Yep, leverage can work for you and against you just as easily.It seems holding and hoping the market will turn has again cost me a large chunk of my account (this time the entire account). Cut losses short... hard for me to do considering that the market can (usually) reverses.Fore...

TRORA dans Systèmes de Trading Jan 17, 2014 at 17:42

Nice! 😎

IC MARKETS REAL 313166 dans Systèmes de Trading Jan 17, 2014 at 17:31

OMG, just as well daily charts are headed south. Drawdown is horrendous... I have removed XAUEUR. 😞Margin used is $1089, and I am $4400 in open loss. I think the broker has saved my bacon (can I give them credit?) - the EA wanted to keep opening sell trades but was unable to.I have been concerned about XAUEUR before... ah gee, can I trade any pair with this EA?As I was thinking, perhaps I should just use a simple EA with no martingale, or use the "max loss" setting on this one?XAUEUR at 925... I can only hope it goes down. I hate to close it now and lose half my account - esp...

EURUSD	1.08689	GBPUSD	1.30483	AUDUSD	0.67055
USDJPY	149.457	USDCAD	1.38076	USDCHF	0.86476