Anyone wanting to get rid of their losing EA, please contact me

Jul 10, 2013 at 19:16
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10 Replies
kaks
forex_trader_113683
Membro Desde Feb 25, 2013   5 posts
Jul 10, 2013 at 19:16
Greeting Traders,
I am looking for some losing EAs for my experiments and would very much appreciate if anyone is willing to give away their losing EA(s). I will consider paying you a price after I do some testing on it. Please contact me on kamkstrf AT g m a i l DOT c o m asap.
Membro Desde May 23, 2013   3 posts
Jul 11, 2013 at 06:04
what kind of experiment do you mean? There are a lot of losing EAs over the internet or mql4 site, and it's not hard to produce a tons of losing EAs regarding MT4 tester.
Membro Desde Sep 04, 2009   28 posts
Jul 11, 2013 at 11:04
Agree with ILTrader ... If there were ANY winning EA's we would all own it (think about it). So select any EA off the web or mql4 site and have a party.
I just trade.
Membro Desde Mar 01, 2013   70 posts
Jul 12, 2013 at 05:46
If you are researching the idea of trading the 'opposite' of a losing EA...I wish you the best. I have found that most EAs do not produce large enough pip losses to cover the spread when copying the opposite.
You win some, you lose some.
Penfold5
forex_trader_49503
Membro Desde Oct 04, 2011   3 posts
Jul 19, 2013 at 07:03
Membro Desde Nov 21, 2011   1718 posts
Jul 19, 2013 at 07:43
FXRX posted:
If you are researching the idea of trading the 'opposite' of a losing EA...I wish you the best. I have found that most EAs do not produce large enough pip losses to cover the spread when copying the opposite.

This is one of the best strategy on Forex.. But don't do it with a saclping EA otherwise with the spread you are indeed not making profit.
kaks
forex_trader_113683
Membro Desde Feb 25, 2013   5 posts
Jul 19, 2013 at 15:30
Thank you all for your feedback, but the EAs that some of you mentioned are not exactly what I am looking for. Below is what I need and if anyone of you is kind of enough to help me out, I will make sure that you get some compensation later on:
1. EA should trade more often, not just once or twice a week or so.
2. EA should trade fixed lot and should lose at least 15 pips per trade. In other words, a scalper or a grid trading EA wouldn't do the job.
3. EA should trade more currency pairs, not just one or two pairs.
4. Losing trades should be considerably more than the winning trades, in other words 50-50 results would be useless.
Well that's pretty much it.
(Of course a winning EA is great but since they are not so easy to find, so I hope a losing EA with above mentioned points might be somewhere there.)
ONE MORE THING: We are also looking for SUCCESSFUL or NOT SUCCESSFULL traders who are looking to make some money on regular basis. In other words, if you can MAKE PIPS or LOSE PIPS, you can contact me.
The best thing would be contact me privately through this messaging system along with your contact details if you would like to talk about it.
Membro Desde Jul 17, 2012   275 posts
Jul 20, 2013 at 03:05 (editado Jul 20, 2013 at 03:06)
@kaks

Actually for the requirement 1 - 4, all of that have been tried by me last time. Tell you the truth, it is not good.

When I see an EA that create more loss than profit, I try reversing the logic but to the disappointment, the result pretty much the same, and usually it is even worst.

Not much we can gain here actually but I do wish all the best to you in seeking the positive result out of it. 😎
Past experience usually helps present self
Membro Desde Mar 03, 2013   13 posts
Jul 25, 2013 at 14:36
I'm seeling my Rayscaler , CabEx ( Phibase ) and FGB Advanced licences.
If anyone is interested plz let me know...
msuhaimi2007
forex_trader_100532
Membro Desde Nov 24, 2012   38 posts
Jul 25, 2013 at 18:51
deysmacro posted:
@kaks

Actually for the requirement 1 - 4, all of that have been tried by me last time. Tell you the truth, it is not good.

When I see an EA that create more loss than profit, I try reversing the logic but to the disappointment, the result pretty much the same, and usually it is even worst.

Not much we can gain here actually but I do wish all the best to you in seeking the positive result out of it. 😎

It's quite mysterious isn't it? I tried to reverse trading system to study more about my losses but the losses turn into another losses. I doubt trading forex is 50-50 chance really...
Membro Desde Mar 01, 2013   70 posts
Jul 25, 2013 at 19:27
Based on my EA research, most Forex trading with equal SL vs TP of 40 pips with 2 pip spread are 48% wins to 52% losses. This 1-2% difference between them is the spread. Of course, if the spread is 2 pips and the SL and TP are say 10 pips, then the spread percentage impact will be more severe. That is why some say the 'house' always wins also applies to Forex.
You win some, you lose some.
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