I want only a safe 4% each month... Which EA?? Thank you
Member Since Feb 22, 2011
4862 posts
Jul 14, 2014 at 12:23
arry01 posted:
A very nice 19 trades though, if it looks like that at 100 trades I would be majorly impressed!
I would not even say the trades are nice
There are trades lasting 118 days with 4 pips profit :)
Average trade length is 1 month, holding position for so long for small profit is unwise.
forex_trader_6135
Member Since Jan 25, 2010
67 posts
Jul 14, 2014 at 13:09
Sorry i just saw average win +100 and average loss -5.
Laughed at the wait a couple of years haha
Looks better than my own results personally no matter how many days held!!!
Laughed at the wait a couple of years haha
Looks better than my own results personally no matter how many days held!!!
Member Since Feb 22, 2011
4862 posts
Jul 14, 2014 at 13:18
@arry01
mark your trades are actually much better then his
mark your trades are actually much better then his
forex_trader_6135
Member Since Jan 25, 2010
67 posts
Jul 14, 2014 at 13:52
How do you figure this?
Member Since Feb 22, 2011
4862 posts
Jul 14, 2014 at 14:18
arry01 posted:
How do you figure this?
profit/dd ratio
forex_trader_6135
Member Since Jan 25, 2010
67 posts
Jul 14, 2014 at 14:19
Please be more specific?
forex_trader_6135
Member Since Jan 25, 2010
67 posts
Jul 14, 2014 at 14:35
Well previously I had some IT issues lol.
Nothing wrong with custom start date ;-)
Nothing wrong with custom start date ;-)
Member Since Jun 22, 2014
423 posts
Jul 14, 2014 at 18:56
fxstaymanaged posted:
I did it : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465
looks like a good EA. but too low on returns.
Member Since Feb 22, 2011
4862 posts
Jul 14, 2014 at 20:02
bluemonkey posted:fxstaymanaged posted:
I did it : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465
looks like a good EA. but too low on returns.
no it seems rather random trades - keep them open until they are in profit
Member Since Jun 22, 2014
423 posts
Jul 15, 2014 at 06:37
togr posted:bluemonkey posted:fxstaymanaged posted:
I did it : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465
looks like a good EA. but too low on returns.
no it seems rather random trades - keep them open until they are in profit
possible. i was expecting to see a big drawdown though but it is relatively small. yet the profit is small too. if it was 60% profit, drawdown would have been 50%
Jul 28, 2014 at 06:28
bluemonkey posted:togr posted:bluemonkey posted:fxstaymanaged posted:
I did it : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465
looks like a good EA. but too low on returns.
no it seems rather random trades - keep them open until they are in profit
possible. i was expecting to see a big drawdown though but it is relatively small. yet the profit is small too. if it was 60% profit, drawdown would have been 50%
I am not clear about the few discussion above.
I think it is a quite good account because: DD <3%, monthly return~3%. So if you double the risk/lot side, profit could be 6%. I am not sure with the DD about 50%.
Did I miss anything here?
(course it is Demo)
SCFX
Member Since Feb 22, 2011
4862 posts
Jul 28, 2014 at 07:35
scfx2000 posted:bluemonkey posted:togr posted:bluemonkey posted:fxstaymanaged posted:
I did it : https://www.myfxbook.com/members/fxstaymanaged/guaranteed-forex-managed-account/951465
looks like a good EA. but too low on returns.
no it seems rather random trades - keep them open until they are in profit
possible. i was expecting to see a big drawdown though but it is relatively small. yet the profit is small too. if it was 60% profit, drawdown would have been 50%
I am not clear about the few discussion above.
I think it is a quite good account because: DD <3%, monthly return~3%. So if you double the risk/lot side, profit could be 6%. I am not sure with the DD about 50%.
Did I miss anything here?
(course it is Demo)
SCFX
The trades are open until they are profitable, for hundreds of days.
Moreveover there are only 20 trades so no base to evaluate the system, at all
Member Since Aug 09, 2014
80 posts
Aug 09, 2014 at 17:12
I never take in consideration demo EA, especially if there's a scalp strategy involved, don't lose time to make a due diligence on demo accounts. Keep your energy for REAL Accounts.
Be an investor, not a gambler!
Aug 15, 2014 at 06:00
I think my strategy might be worth checking. The returns are not bad if all parameters are considered:
3-4% consistent monthly returns
Max realized drawdown 1% and floating drawdown of about 5%
Maximum leverage 1:50 and max account capital used less than 10%
Very low risk (risk of 10% ruin 0.01 i.e need 120 consecutive losing trades to lose 10% of capital)
https://www.myfxbook.com/members/tmk471/sq1/998275
3-4% consistent monthly returns
Max realized drawdown 1% and floating drawdown of about 5%
Maximum leverage 1:50 and max account capital used less than 10%
Very low risk (risk of 10% ruin 0.01 i.e need 120 consecutive losing trades to lose 10% of capital)
https://www.myfxbook.com/members/tmk471/sq1/998275
Control your risk, profit will follow you!
Member Since Dec 15, 2010
795 posts
Aug 15, 2014 at 07:02
(edited Aug 15, 2014 at 07:06)
My EA is set for 10 percent a yr. Very slow and very safe.
Click on my Name to see My Live Charts and Bio.
Member Since Dec 15, 2010
795 posts
Aug 15, 2014 at 07:05
Attachments:
Click on my Name to see My Live Charts and Bio.
Member Since Feb 22, 2011
4862 posts
Aug 15, 2014 at 08:00
tmk471 posted:
I think my strategy might be worth checking. The returns are not bad if all parameters are considered:
3-4% consistent monthly returns
Max realized drawdown 1% and floating drawdown of about 5%
Maximum leverage 1:50 and max account capital used less than 10%
Very low risk (risk of 10% ruin 0.01 i.e need 120 consecutive losing trades to lose 10% of capital)
https://www.myfxbook.com/members/tmk471/sq1/998275
It is not bad
Member Since Aug 09, 2014
80 posts
Aug 15, 2014 at 14:06
High Frequency Trading is one of my favorite choice, banks invest million on algo trading software, personally I have a Pamm that make trade of 1/2 minutes and 99% of the time is flat. Software tailored at a specific broker can analyse deep the book to find liquidity to fill the orders without slippage.
Be an investor, not a gambler!
Sep 12, 2014 at 10:16
A trading system that can 100% guarantee 4% a month does not exist!
If so, they would be able to control the entire monetary system in the world.
It takes a lot of dedication and time to even get to the point of having a consistent 4% a month profit, year after year. Hard work with other words.
What one can do is combine different tools in one's trading box and by using these tools one can get very close to the 4% mark, though it can not be 100% guaranteed by anyone. The tools that I am talking about are EA's (robots), strategies, signal providers, computers, brokers and so forth.
Who is the master of all these tools? You are! Which tool is the number one?
The human mind has capacity beyond our understanding and the ability to learn from mistakes and not repeat them. What I am trying to get across is that 'experience' is the number one tool. By using it in your trading it will be the most important tool ever, to be able reach the illusive 4% guaranteed profit per month :).
https://www.myfxbook.com/community/trading-systems/rmm-robot/817698,1
If so, they would be able to control the entire monetary system in the world.
It takes a lot of dedication and time to even get to the point of having a consistent 4% a month profit, year after year. Hard work with other words.
What one can do is combine different tools in one's trading box and by using these tools one can get very close to the 4% mark, though it can not be 100% guaranteed by anyone. The tools that I am talking about are EA's (robots), strategies, signal providers, computers, brokers and so forth.
Who is the master of all these tools? You are! Which tool is the number one?
The human mind has capacity beyond our understanding and the ability to learn from mistakes and not repeat them. What I am trying to get across is that 'experience' is the number one tool. By using it in your trading it will be the most important tool ever, to be able reach the illusive 4% guaranteed profit per month :).
https://www.myfxbook.com/community/trading-systems/rmm-robot/817698,1
" Lock in the profit and minimize the draw down "
