BluePanther's Posts - Page 51

IC MARKETS REAL 313166 in Trading Systems Jan 31, 2014 at 07:36

0% return on $10,000 is the same as 0% return on $1,000,000. Hate the slow Asian session! And the weekends too! 😞

TRORA in Trading Systems Jan 31, 2014 at 07:33

Scary stuff! Sounds as bad as my trading accounts!!! 😞

IC MARKETS REAL 313166 in Trading Systems Jan 31, 2014 at 02:22

Stuff it! I'm putting the whole gammut of EAs on because I am sick of watching the snail's pace of profit (I am impatient, and I guess this is why I keep losing). Forex moves too much and I can't believe there is NOT ONE EA that has managed to take advantage of the volatility of the market (at least none available publicly).Friggin' makes me frustrated! So I'm using all my EAs - except Golden Future, which will MOST DEFINITELY require much larger margin in the order of $100,000. I think the others I can get away with minimal margin as they open fewer trades.Absolutely f*cki...

Do you think 1000% a year is sufficient ? What is your performance ? in General Jan 31, 2014 at 01:22

"http://www.fxclub.com/chen-intervew/Interview by Lydia Wong and Pavel KhizhnyakWe flew all the way to Shanghai from our New York office to meet this young teacher who showed an impressive 61,595% return on his investment ($247,210 from the initial investment of $300). This man has made more than 1 million Chinese yuan in just one month amid the global financial crisis. We had to interview him.GIVE HIM A ROUND OF APPLAUSE!!!! THIS GUY DESERVES A STANDING OVATION!!!"I came across the original story on Forex Club's site a while ago. Unfortunately, this interview was taken down a lo...

IC MARKETS REAL 313166 in Trading Systems Jan 30, 2014 at 18:28

Whoever said auto-trading is easy? Manual trading is hard because you need to follow a system - auto-trading is hard because you need to keep settings (and strategy) consistent. I lose money because I can't make up my mind. 😞I think FXPL will remain at 0.01 lots because it is martingale x1.5. Therefore, I will add the other two EAs. I think that is safer (less gains = less risk).

IC MARKETS REAL 313166 in Trading Systems Jan 30, 2014 at 14:32

...adding EURUSDbot and Paul Garcia. BOSS later......on second thought - scrap that. I'm using FXPL 0.01 per $1000 (0.02 now with $2000). I guess that is okay. 😕

IC MARKETS REAL 313166 in Trading Systems Jan 30, 2014 at 07:38

Volatility - I LOVE IT!!! 😉😎😎😎😎😎😎😎😎😎😎------------------------------------------------------------------------------------------------------------------RULES:Tempted to try FXPL @0.01 lots per $1000... should I?

EaKain Scalper EA in Expert Advisors Jan 30, 2014 at 04:10

Unfortunately there is no system that has lasted longer than six months ("GreenVault" seems to be the longest). Therefore, it is impossible to make a firm opinion on the performance of this EA. Please provide statistics showing at least a year's performance so buyer's can make better judgement. Either your own accounts or a user willing to share their results. 😎

IC MARKETS REAL 313166 in Trading Systems Jan 29, 2014 at 23:38

...made $20,000 deposits EXACTLY! This way it will be easier to keep track of my $2000 per fortnight contribution.It's a big hole, but I'll make it out... just a matter of when (not if). 😎It's a big hole, but it is NOTHING compared to the hundreds of $1,000s I've lost since 2008 in forex (and probably as much elsewhere on stupid seminars and bad investments). 😞

IC MARKETS REAL 313166 in Trading Systems Jan 28, 2014 at 00:12

IC MARKETS REAL 313166 in Trading Systems Jan 27, 2014 at 09:09

Well, 0 or what it is (a gain or loss). It is strange that my broker allowed my account below $0. It is stranger that a dollar LOSS on my account is considered a GAIN on myfxbook, and a dollar GAIN is considered a LOSS.Just saying this is not correct and should be fixed. As a general member I am in no position to know how to fix this, but I might suggest perhaps displaying 0 or reversing the % gains/losses to their opposite might be some ideas for you to consider."If you have a balance of -$10 and close a trade for $2, what is the generated profit percentage wise?"Definitely not a lo...

IC MARKETS REAL 313166 in Trading Systems Jan 27, 2014 at 08:47

"the balance is negative which skews the calculation" - my point exactly."...an issue with the broker as an account cannot reach a negative balance." My broker account did [reach a negative balance]. The negative balance is not an error with my broker or myfxbook - but the positive / negative gains on my myfxbook statement are!Thank you for your input Ethan. I just received your reply too - thanks for responding.I think everyone (especially me) would like to see this issue rectified. Please. I know it is not a gain when my account loses more money. Similarly, it is not a lo...

IC MARKETS REAL 313166 in Trading Systems 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 in Trading Systems 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 in Trading Systems 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) in Trading Systems 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 in Trading Systems 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 in Trading Systems 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 in Trading Systems 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 in Trading Systems 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! 😡

EURUSD	1.13943	GBPUSD	1.32856	AUDUSD	0.63765
USDJPY	142.166	USDCAD	1.38476	USDCHF	0.81652

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