stevewalker - Manual Trading

Jun 07, 2012 at 13:57
Przeglądane 12,130
254 Replies
stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 24, 2012 at 13:25 (edytowane Aug 24, 2012 at 13:26)
thank you for honesty ( 1.04 pound profit for one month ) 😄

'August
EA so far £54
i made so far £284'
patient pay$$ off😉

keep up the good work

good luck
walker

lenjive posted:
guys, just stopped in to say i love reading your posts/ideas - so many thanks for those!! keep them comming!!

Im 'new' to trading, i have only been studying the markets/graphs etc for 1 1/2 years, and i opened a live account in May,

I am manually trading, and automaticaly trading (TomsEA (risky i know..., the month of May proved this when eur/usd slid, i only got out of that hole with a £300 loss due to heavy hedge bets))

at the end of may i shut down the EA, and stopped all manual trading.

Since then ive wiped the slate clean again and started trading again in the month of July. The EA was taken down from 4 pairs to 1 pair EUR/USD to reduce risk/DD

I also started manual trading at the same time as the EA again, and actually its going ok,

July
EA made about £100
i made £1 (yes 1 pound!! actually it was £1.04, still way better than a loss tho!!)

August
EA so far £54
i made so far £284

this is on a 500:1 with £1000 starting capital.

as you can imagine being a new trader, i welcome advise on setups etc, which is why i thought id pop in just to say thanks.

im all closed out for the weekend now, but still tempted to put in a small sell EUR/USD if it breaks below the 1.2530 resistance, in hope it might wander down to 1.2440, who knows!?



 
stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 24, 2012 at 15:45
%95 of ECN brokers spreads are not as they advertise.

when slippage added STP/ECN brokers are much more expenise then we think/expect

walker


stevewalker posted:
instead of trading with

ECN Account
- slippage + Comission + var Spread

it is better to trade with
- 4 digit or fix spread NDD broker

at least you know what will you pay.

walker
Uczestnik z Apr 12, 2012   155 postów
Aug 24, 2012 at 15:47 (edytowane Aug 24, 2012 at 15:48)
'ECN Account
- slippage + Comission + var Spread

it is better to trade with
- 4 digit or fix spread NDD broker

at least you know what will you pay.'

You are completely right!!! 😎
stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 24, 2012 at 17:03
another trade this week

this time I was lucky

those 2 trades showed that system is dancing on the edge. I should bring through the center a bit according to the MFE MAE data.

walker





stevewalker posted:
trader also need luck!

stop out with 0.1 pip (1/10pip)



stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 24, 2012 at 17:05
thank you😄

Mars30 posted:
'ECN Account
- slippage + Comission + var Spread

it is better to trade with
- 4 digit or fix spread NDD broker

at least you know what will you pay.'

You are completely right!!! 😎
stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 25, 2012 at 18:32
Fact : every trend start with a single tick!
Rest is matter of Fact

walker
stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 26, 2012 at 10:13
difference between Grid/Martingale & Trend Trade.

Grid/Martingale or smiliar systems : soon or late account blow.
Trade Trend : soon or late trader make money.

walker
Uczestnik z Jan 14, 2010   2299 postów
Aug 26, 2012 at 10:40
griders cannot trade. period.
Uczestnik z Aug 26, 2012   10 postów
Aug 27, 2012 at 07:37
stevewalker posted:
Thank you for input

Manual/Automated depending on the trader. for me the best is Hybrid(SemiAutomated) Better sides of each.

walker


Hello Steve,

I have just started posting on my fx book. I see that you are quite a veteran here. I liked the Warren Buffet sayings that you posted. It's very thought provoking.

Besides, I am delighted to see there are more people like me preferring Hybrid trading ( Semi Automated ) I can say with cofidence that it is the best of both worlds.
Trade Forex, Change the World
stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 27, 2012 at 08:06
thank you & good luck!

walker
odyssey posted:
stevewalker posted:
Thank you for input

Manual/Automated depending on the trader. for me the best is Hybrid(SemiAutomated) Better sides of each.

walker


Hello Steve,

I have just started posting on my fx book. I see that you are quite a veteran here. I liked the Warren Buffet sayings that you posted. It's very thought provoking.

Besides, I am delighted to see there are more people like me preferring Hybrid trading ( Semi Automated ) I can say with cofidence that it is the best of both worlds.
stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 27, 2012 at 18:18
I was thinking today what kind of Hedge Fund uses mql4 coded home made EA s for their funds. especially the systems needs high mathamatical calculations and fast & high optimization calculations.🙄

stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 27, 2012 at 20:07
is it happening only me or posts are deliying by the MFB?
stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 28, 2012 at 12:30
a different approach to statarb.

statistically keep your %DD as low as possible. open 2 bi directional reverse trades . at the end market will come to your favor.

walker
stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 29, 2012 at 08:56
another example from todays trade




stevewalker posted:
another trade this week

this time I was lucky

those 2 trades showed that system is dancing on the edge. I should bring through the center a bit according to the MFE MAE data.

walker





stevewalker posted:
trader also need luck!

stop out with 0.1 pip (1/10pip)



stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 29, 2012 at 11:35
what is statistical arbitrage:

1 - trader look for highly corolated instruments for mean time
2 - then trader aplly basic arbitrage rules to instruments. wait for a gap and then hope it closes back.

does this work. yes. when correctly coded which is very complicated it works.

walker


PS : google and you will find too m any pdf documents to read.
stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 29, 2012 at 11:41
guys & gals

my posts about statisctal arbitrage pro has been removed from the thread.

bacisly I was saying that with 2 days of work I had coced the core of that commercial EA.

walker


stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 29, 2012 at 12:09 (edytowane Aug 29, 2012 at 12:12)
I had coded the EA that makes 600.000 $ to 26billion $ in 2 days of work.

yes I am talking about statarbpro

I made 2 posts at the EA thread explaining the what I did and how I did and what is wrong about the EA and those posts has been removed form the thread.

if MYFXBOOK will not replace those posts back

- I will move from MFB
- I will explain what happened here at all blogs I am currently member and more

the pic below original EA
second pic below my code.

tere should be some more code to complete

and see the third pic how this EA dangerous and openening in balanced trades that can move against













stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 29, 2012 at 12:11
my post to Staff

Hi Ethan

can you please explain why my 2 posts removed form statarbpro 250.000 thread.

walker
Uczestnik z Jan 13, 2011   9 postów
Aug 29, 2012 at 12:39
is this possible with huge spread/slippage/commission and real time execution problem?
stevewalker
forex_trader_79941
Uczestnik z Jun 06, 2012   1439 postów
Aug 29, 2012 at 12:41
what do you mean with that?
majeeshkv posted:
is this possible with huge spread/slippage/commission and real time execution problem?
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