It's better to make a little bit than to lose a lot. The system placed a few pending orders and after the 2% daily target, I'm done for the day. You guys have fun trading the crazy markets for more profit, I'm out. See you tomorrow for more pending ...

System of Pending Orders

I found this site where you can check out the quotes on the weekends.

Trading news and sentiment

Any guess about whether the gap is in the direction of last week's trend or in the opposite direction?

Trading news and sentiment

It is the same exact system of pending orders but I'll be closing the trades daily either automatically at the equity close of 2% or when I wake up and see equity in the green of any amount, whichever happens first.

System of Pending Orders

You're welcome for me taking my time to thoughtfully reply to all your questions. You would need to learn a lot more about this system since you're trying to reverse engineer it but instead you make false assumptions and based on your questions, you ...

System of Pending Orders

It's a counter-trend strategy. It's flawed by definition. I'm not saying it's not possible to make counter-trend methods work, but it's difficult. From what I saw of your screenshot in the perfect choppy market, it wasn't even place good entries. ...

EA Not For Sale !

You might be able to swindle some noobs out of their money but the majority of people won't take you seriously because you have to put your own real money on your EA first before you ask others to put their money on your EA.

EA Not For Sale !

A more realistic growth model for the system is to take a 10 pip take profit for each $500 of deposit. Basically a daily target of $10 for each $500 of deposit. This also means I would be compounding at each $500 interval. image

System of Pending Orders

One down, just a few more to go image

System of Pending Orders

Try it with any GBP cross and let me know how your counter-trend on spikes go. Those spikes are likely to occur in the a trend condition, not the ideal choppy market you've provided a screenshot of. Give it a try anytime because it seems selling ...

EA Not For Sale !

Yes of course trading spike candles is fun, but it's all fun an games until those spikes occur in a continued trend. I can tell from the entries on your screenshot that it's not even making good entries on this ideal choppy market screenshot. For ...

EA Not For Sale !

Yes, exactly. The most conservative approach is the begin trading at the start of the broker open and go after a fixed net amount such as 100 pips and then, be done for the rest of the day. Yes I may be missing out of a lot of trades after the 1st ...

System of Pending Orders

Given my strategy, the idea of holding the trades for days to weeks is obviously a grenade The strategy is quite good but allowing it to run for days is a bad idea. image

System of Pending Orders

The Fed's Powell Speech was brutal and caused much drawdown. I'll keep this account going but for a larger account, I'm realizing it is safer to enter at beginning of the day, target a fixed number of pips such as 100, then exit and be out of the ...

System of Pending Orders

Sell, forever?

Trading news and sentiment

image Any obvious reason for this? Fed's Powell Speech?

Trading news and sentiment

It looks like that account made 108 trades and closed 108 trades at once. My question is how long were the trades held, days weeks or months?

Stop Wasting Your Time With Retail Trading Rubbish

Why would you want to deal with the business headache of selling your system if your system works? You could easily make 1750 GBP per day from the 172 pips on a decent sized account. Is 17 your favorite number?

Stop Wasting Your Time With Retail Trading Rubbish

Part of the process is concatenating the spreadsheets containing the tick data for each month which I explain here.

How to import CSV file in to mt4 ?

I'm going to go into a bit of ranting but it is only meant to help newbies entering the markets. With all due respect, I strongly disagree. If trading were a simple and stupid game as you say then there wouldn't be hedge fund managers like this one ...

More simple is impossible