Winsor's Five Trading EAs in Real Time
Jul 06, 2010 at 16:00
Hi Elkart,
I understand where you are coming from, and I always have a trail of paperwork to protect myself. There have been many situations where I have flatly turned them down. Most people are too greedy and have this gambling mentality about forex trading.
In some ways, I am leasing people the tool i.e. my software. I teach them all the safety precautions, and I practice with them. This is one of the major reasons why I have removed the compounding lot size from all of my trading systems. Forex trading is a 10-year marathon and not a 2-month sprint. Only if I could come up with a tool to scan their DNA for the gambling gene, then I am good to go. 😁
I understand where you are coming from, and I always have a trail of paperwork to protect myself. There have been many situations where I have flatly turned them down. Most people are too greedy and have this gambling mentality about forex trading.
In some ways, I am leasing people the tool i.e. my software. I teach them all the safety precautions, and I practice with them. This is one of the major reasons why I have removed the compounding lot size from all of my trading systems. Forex trading is a 10-year marathon and not a 2-month sprint. Only if I could come up with a tool to scan their DNA for the gambling gene, then I am good to go. 😁
forex_trader_7
Aug 01, 2009からメンバー
941 投稿
Jul 06, 2010 at 16:48
Yes, but you're still willing to do it.
When was the last time you heard Buffet say on tv: ' He had a high risk tolerance.....'
When was the last time you heard Buffet say on tv: ' He had a high risk tolerance.....'
Jul 07, 2010 at 14:41
Are you guys excited? One more day until you get to test drive my 5 expert advisors. I promised that my automated trading systems will not disappoint you. The only caveat is that the trading lot size is fixed. Remember risk and reward go hand-in-hand; hence, compounding the lot size will increase your winnings but also increase your risk.
Oct 28, 2009からメンバー
1430 投稿
Jul 07, 2010 at 16:55
Providing you are winning. Whereas if you are losing you are going to reach zero a lot quicker 😉
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.
Jul 07, 2010 at 22:00
(編集済みのJul 07, 2010 at 22:09)
Well, in fact, everybody has like 50% chance to be right 😄 Because the price moves up or moves down, if the EA can add something extra, this chance can be increased and if you always has the same sized positions, I think this can result in more linear equity curve.
I usually like to calculate my own risk, maybe this will change in time as I'm gathering more and more experience, but currently I like fixed lot options 😄
Anyways, I usually take the smallest possible positions for tests, my broker allows 0.01 on my micro account, if the EA proves profitable, I can always change that, I'm in no hurry 😄
edit: 50% chance, theoretically :)
I usually like to calculate my own risk, maybe this will change in time as I'm gathering more and more experience, but currently I like fixed lot options 😄
Anyways, I usually take the smallest possible positions for tests, my broker allows 0.01 on my micro account, if the EA proves profitable, I can always change that, I'm in no hurry 😄
edit: 50% chance, theoretically :)
Sooner or later, but it will work.
Oct 28, 2009からメンバー
1430 投稿
Jul 08, 2010 at 09:59
That's a rather simplistic view of trading. If I set my stop loss at 500 pips and my target at 5 pips then I'm fairly sure I don't have a 50% chance of being right.
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.
Jul 08, 2010 at 10:16
😄
I think it doesn't matter if something is simple, if you make a decision without examining the market, theoretically you have 50% chance of being right.
I think in your example you have slightly bigger chance of reaching the TP before you reach the SL, because market only has to move 5 pips + spread in your favor to be able to gain your profits, so as you mentioned ... you have bigger chance for this, which is true, but the RR ratio is 1:100 which is not so good ... But, you just have to be wrong once for every 100 trades to be able to neutralize your profits.
Its true, I did not mention in my previous post that 50% being right would also assume an 1:1 RR ratio. Sorry for that, it was my mistake.
I think it doesn't matter if something is simple, if you make a decision without examining the market, theoretically you have 50% chance of being right.
I think in your example you have slightly bigger chance of reaching the TP before you reach the SL, because market only has to move 5 pips + spread in your favor to be able to gain your profits, so as you mentioned ... you have bigger chance for this, which is true, but the RR ratio is 1:100 which is not so good ... But, you just have to be wrong once for every 100 trades to be able to neutralize your profits.
Its true, I did not mention in my previous post that 50% being right would also assume an 1:1 RR ratio. Sorry for that, it was my mistake.
Sooner or later, but it will work.
Mar 03, 2010からメンバー
22 投稿
Jul 08, 2010 at 12:48
pepee81 posted:exactly
I think the fixed lot size isn't really a problem, for me its more like an advantage, because if you calculate, after the winning trades your risk is getting smaller, in some way.
Never Place A Trade Without Stoploss
Jul 08, 2010 at 14:29
(編集済みのJul 08, 2010 at 14:36)
Hello friends,
As promised, attached is the installation software that will allow you to view my 5 trading expert advisors on your computer. Note that all 5 accounts started with $10,000. The installation process should take about 30 seconds if you follow the instructions of the read me file. Here are the first two steps:
1) Download the zip file onto your desktop
2) Unzip the file and follow the README text file
Look for the 'CTSForex_dot_COM' zip file below in the attachment. Let me know if you have any problems.
Winsor
As promised, attached is the installation software that will allow you to view my 5 trading expert advisors on your computer. Note that all 5 accounts started with $10,000. The installation process should take about 30 seconds if you follow the instructions of the read me file. Here are the first two steps:
1) Download the zip file onto your desktop
2) Unzip the file and follow the README text file
Look for the 'CTSForex_dot_COM' zip file below in the attachment. Let me know if you have any problems.
Winsor
付属品:
Jul 09, 2010 at 19:30
Have you downloaded our software to view our 5 trading accounts in real time? Here is what you have missed so far:
Currently, Jasmine has 6 open trades: 3 buy and 3 sell. Some may argue that we are neutral but further investigation will prove other wise.
On July 7, two buy trades were entered at 8 pips a part. Our subsystem B7 entered at price point 1.25684 with a stop loss of 100 pips and a take profit of 240 pips. Our subsystem B8 entered the buy trade 8 pips lower with similar stop loss and take profit. On July 8, two sell trades were entered at an identical entry point however, the two subsystems used a different stop loss and take profit. The subsystem B1 sold at 1.26506 and used stop loss of 80 pips with take profit of 260 pips. Our other subsystem used stop loss of 100 pips and take profit of 240 pips.
On July 8 at 20:00, our subsystem B4 entered another sell trade at 1.26709 with a stop loss of 100 pips and a take profit of 220 pips.
On July 9 at 18:00, our subsystem B6 entered a buy trade at 1.26398 with a stop loss of 100 pips and a take profit of 240 pips.
Jasmine has reached the maximum of 6 open trades with 3 buy and 3 sell. As for the profitability, 5 open trades are totaling 197 pips and one buy trade with a minor loss of 3 pips.
If you have missed out on downloading our viewing software, you can do it now.
Our installation only takes 30 seconds, and it has been scanned by Norton 360. You should trade with us and profit with us.
Winsor
Currently, Jasmine has 6 open trades: 3 buy and 3 sell. Some may argue that we are neutral but further investigation will prove other wise.
On July 7, two buy trades were entered at 8 pips a part. Our subsystem B7 entered at price point 1.25684 with a stop loss of 100 pips and a take profit of 240 pips. Our subsystem B8 entered the buy trade 8 pips lower with similar stop loss and take profit. On July 8, two sell trades were entered at an identical entry point however, the two subsystems used a different stop loss and take profit. The subsystem B1 sold at 1.26506 and used stop loss of 80 pips with take profit of 260 pips. Our other subsystem used stop loss of 100 pips and take profit of 240 pips.
On July 8 at 20:00, our subsystem B4 entered another sell trade at 1.26709 with a stop loss of 100 pips and a take profit of 220 pips.
On July 9 at 18:00, our subsystem B6 entered a buy trade at 1.26398 with a stop loss of 100 pips and a take profit of 240 pips.
Jasmine has reached the maximum of 6 open trades with 3 buy and 3 sell. As for the profitability, 5 open trades are totaling 197 pips and one buy trade with a minor loss of 3 pips.
If you have missed out on downloading our viewing software, you can do it now.
Our installation only takes 30 seconds, and it has been scanned by Norton 360. You should trade with us and profit with us.
Winsor
Jul 13, 2010 at 00:28
Below are the current trades of Haley: one trade was entered at 13:00, two trades were entered at 15:00 and the last trade entered at 19:06. For all of our expert advisors, all the trades are opened at the beginning of the hour. The last trade was 6 minutes delay either due to broker re-quote or violence market movement. At CTSForex.com, we have developed an algorithm where we will resubmit our order at the most advantageous price. We will randomly wait and then continue to resubmit our order until it is accepted by the broker. Our wait periods and retry patterns are model after a typical manual trader.
MIGBank has been testing Market and Instant execution on their platform. As of July 19, 2010 the average execution time of both market and instant execution will be 100 ms with no dealer intervention and no-requotes. If you are following our expert advisors, please note that we will be switching to instant execution chart denoted by EURUSD!, GPBUSD!, USDCHF!
Market execution – EURUSD, GBPUSD, USDCHF (stop loss and take profit can be placing simultaneous with the market order)
Instant execution – EURUSD!, GBPUSD!, USDCHF! (stop loss and take profit are placed after the order.)
MIGBank has been testing Market and Instant execution on their platform. As of July 19, 2010 the average execution time of both market and instant execution will be 100 ms with no dealer intervention and no-requotes. If you are following our expert advisors, please note that we will be switching to instant execution chart denoted by EURUSD!, GPBUSD!, USDCHF!
Market execution – EURUSD, GBPUSD, USDCHF (stop loss and take profit can be placing simultaneous with the market order)
Instant execution – EURUSD!, GBPUSD!, USDCHF! (stop loss and take profit are placed after the order.)
付属品:
Jul 13, 2010 at 22:25
I hope that everyone is watching Jasmine Managed Forex Account System as it had a phenomenon day on July 13, 2010. Two EURUSD buy trades went in at 10:00 at 1.2534 and currently the price is at 1.2726. There are 191 pips and the total pips gain is 382 pips for the combine of subsystems 7 & 8. At 13:00 two more EURUSD buy trades went in at 1.2575 for the combine total profit of 300 pips for subsystems 3 & 6.
Notice at 16:00 subsystem 1 and subsystem 4 also entered the EURUSD buy trades at 16:00; however, the price difference is as much as 6 pips. Because CTSForex trading systems are based on swing trading style, the stop loss and take profit moved accordingly. Fantastic day as I woke up this morning with more than +800 pips floating. The nicest thing is that I had my expert advisors taking care of business while I had a relaxing 8 hour sleep. 😁
Notice at 16:00 subsystem 1 and subsystem 4 also entered the EURUSD buy trades at 16:00; however, the price difference is as much as 6 pips. Because CTSForex trading systems are based on swing trading style, the stop loss and take profit moved accordingly. Fantastic day as I woke up this morning with more than +800 pips floating. The nicest thing is that I had my expert advisors taking care of business while I had a relaxing 8 hour sleep. 😁
付属品:
Jul 15, 2010 at 05:01
Haley’s subsystems 1 & 5 continue to hold their GBPUSD buy positions since July 13 at price 1.5106. The total floating profit of the two trades is over 300 pips. Most manual traders would exit; however, our automated forex trading system is extremely discipline.
It would only exit a trade based on 4 conditions:
1) The stop loss is hit.
2) The take profit is achieved.
3) The moment has subsided and the trade is exited prior hitting the stop loss or take profit.
4) The market condition has reversed. The current trade is close and a reverse trade is opened.
Only July 15 at 04:00, subsystems 2 & 3 have opened up to two sell trades at 1.5242 and 1.5240 respectively. Since May 21, 2010, Haley has achieved over 1,800 pips.
If you have not installed our live viewing software, you are missing out on all the profits.
It would only exit a trade based on 4 conditions:
1) The stop loss is hit.
2) The take profit is achieved.
3) The moment has subsided and the trade is exited prior hitting the stop loss or take profit.
4) The market condition has reversed. The current trade is close and a reverse trade is opened.
Only July 15 at 04:00, subsystems 2 & 3 have opened up to two sell trades at 1.5242 and 1.5240 respectively. Since May 21, 2010, Haley has achieved over 1,800 pips.
If you have not installed our live viewing software, you are missing out on all the profits.
付属品:
Jul 16, 2010 at 01:47
On July 15, 2010, at 16:00 Haley was stopped out on 3 consecutive sell trades. Two GBPUSD sell trades were opened on July 15 at 04:00 and one sell trade opened at 09:00 on the same day. Our stop losses for the three sell trades were 100 pips, 102 pips and 120 pips. We lose 322 pips within a span of 4 hours because the GBPUSD rocketed up for 220 pips. Do you see why it is necessary to trade with a stop loss? Without the stop losses, our three trades would have caused us a loss of 660 pips.
On the bright side, we just made a string of winning trades: 260 pips, 169 pips, 136 pips, 136 pips, 200 pips for a total of 901 pips. Giving back 322 pips, we are still up 580 pips for the last three days. Since May 21, 2010, Haley has been up 1,889 pips.
The take away from this lesson is never entering a trade without a stop loss.
On the bright side, we just made a string of winning trades: 260 pips, 169 pips, 136 pips, 136 pips, 200 pips for a total of 901 pips. Giving back 322 pips, we are still up 580 pips for the last three days. Since May 21, 2010, Haley has been up 1,889 pips.
The take away from this lesson is never entering a trade without a stop loss.
付属品:
Jul 18, 2010 at 03:56
On July 16 at 10:00, Jasmine’s subsystem 1 entered a EURUSD sell trade at 1.29406 with a stop loss of 80 pips and a take profit of 260 pips. The previous ten days high of the EURUSD is 1.3006. Within the same day at 19:00, subsystems 3 and 4 also entered their sell trade at 1.29153 and 1.29168 respectively. Subsystem 3 uses a stop loss of 100 pips and a take profit of 240 pips while the subsystem 4 uses a stop loss of 100 pips and a take profit of 220 pips. Since May 21, 2010 to July 16, 2010, Jasmine has gained a total of 3,000 pips in less than 2 months. If you are trading this system live, you should expect a drawdown soon. It is unlikely that Jasmine will continue its rampage forever. It is always best to enter a system when it is going through a period of drawdown not when it is winning.
True experience: when I first started forex trading, I used to think that I am cursed. Every wining system that was doing well, I would cause it to fail whenever I became a subscriber. After developing automated trading system for the past 5 years, it makes sense now. When a system is winning, everyone would jump on board and the words would get around. By the time that I heard about a winning system and subscribed to it, its wining streak was over, and I was left holding the bag. All trading systems will go through a period of drawdown regardless of its algorithm. The law of nature dictates that risk and reward go hand-in-hand; hence, it is impossible harvesting all the rewards without the risk.
Entering a trading system when it is losing is rather counterintuitive. If you don’t believe me, give it another two months as you continue to follow Jasmine.
Click on the attachment below to see the screen capture of the trades.
True experience: when I first started forex trading, I used to think that I am cursed. Every wining system that was doing well, I would cause it to fail whenever I became a subscriber. After developing automated trading system for the past 5 years, it makes sense now. When a system is winning, everyone would jump on board and the words would get around. By the time that I heard about a winning system and subscribed to it, its wining streak was over, and I was left holding the bag. All trading systems will go through a period of drawdown regardless of its algorithm. The law of nature dictates that risk and reward go hand-in-hand; hence, it is impossible harvesting all the rewards without the risk.
Entering a trading system when it is losing is rather counterintuitive. If you don’t believe me, give it another two months as you continue to follow Jasmine.
Click on the attachment below to see the screen capture of the trades.
付属品:
Jul 20, 2010 at 02:16
Update for July 19, 2010.
Haley continues to hold its sell trade on Friday, July 16 at 18:00. This trade was opened by subsystem 1 and is currently in profit of 52 pips. Today, subsystem 5 and subsystem 8 also open two more sell trades of the GBPUSD at 17:00 and 19:00. An interesting development occurred at 22:00, subsystem 2 has entered a buy trade at 1.52345 with a stop loss of 100 pips and a take profit of 260 pips. As it stands, 3 subsystems believe that it is a down trend for the Pounds; whereas, subsystem 2 thinks that it is an uptrend for the Pounds. Stay tune to see what happened next.
Haley continues to hold its sell trade on Friday, July 16 at 18:00. This trade was opened by subsystem 1 and is currently in profit of 52 pips. Today, subsystem 5 and subsystem 8 also open two more sell trades of the GBPUSD at 17:00 and 19:00. An interesting development occurred at 22:00, subsystem 2 has entered a buy trade at 1.52345 with a stop loss of 100 pips and a take profit of 260 pips. As it stands, 3 subsystems believe that it is a down trend for the Pounds; whereas, subsystem 2 thinks that it is an uptrend for the Pounds. Stay tune to see what happened next.
付属品:
Jul 21, 2010 at 04:32
The British pound vacillated 151 pips today with a roller coaster ride down and then up. Haley’s subsystem 1 finally closed its sell trade with a profit of 20 pips. As for subsystems 5 and 8, both sell trades got stopped out with 80 pips each. Our subsystem 3 was a casualty of this strong moment where it entered the buy trade on July 20 at 07:00 and got stopped out at 100 pips. Our subsystem 2 was correct in guessing the uptrend.
Presently, we have 5 subsystems with all buy trades and a floating profit of 100 pips. Forex trading is a marathon that should be counted in years not days or months. Since May 21, Haley has gained 1,588 pips. We are going to come out on top at the end of the year because our maximum stop loss is 120 pips and our maximum take profit is 280 pips. We are only expecting 45% wining percentage to be profitable.
Presently, we have 5 subsystems with all buy trades and a floating profit of 100 pips. Forex trading is a marathon that should be counted in years not days or months. Since May 21, Haley has gained 1,588 pips. We are going to come out on top at the end of the year because our maximum stop loss is 120 pips and our maximum take profit is 280 pips. We are only expecting 45% wining percentage to be profitable.
付属品:
