Howdy,
Spent already 8 years in FX. Nevertheless, unsuccessfully, admitting that. All the time have been attempting to make use of totally different programs, attempting totally different buying and selling methods however all of them went to the 0 in my buying and selling accounts. Additionally tried creating robots, took plenty of time, created additionally +20 EAs, displaying nice ends in demo however in actual life they weren't giving a correct motion. Possibly I used to be anticipating an excessive amount of from them and taking too massive threat...
So that is my final contribution to FF. Both it's going to present me that there's hope or i should do one thing else in my life..
This thread will include 2 totally different methods:1. Neural network(deep studying) EA. Spent a 12 months on this method, learn numerous books, examined plenty of it, spent cash on its creation as some steps i used to be not capable of implement on my own to this EA. It taskes ONLY USDCAD trades with fastened tp/sl ratio based mostly on divergence on this pair. Danger might be 1% per steadiness. On paper in final 3 weeks it made 22wins vs 12 loss, so 10TP throughout this time. Goal is to make 20-30% yearly with this bot, having not larger than 20% DD. Lets see the way it will go.
2. Manual trades. After very long time of investigation, discovered the place are the leaks of myself and can attempt to resolve them again in demo account and can see the way it goes. Expectations - 20%-30% yearly with a DD(drawdown) not larger than 20% There are 3 important steps that all the time must be saved to haven't a detrimental portfolio:
- Psychology - first it's a must to to grasp that it's a long run sport. It's arduous however you must to grasp. You'll be able to wager massive, however possibilities to develop into a millionaire throughout an evening or 12 months is hardly potential.
- System - to commerce one thing you'll need a system. It's as much as you what you employ. I'll attempt to comply with channels and commerce brakes and divergences.
- Danger administration - no extra 2% per commerce! Should you enhance it, wou will develop into a loser in long run. As placing a commerce you all the time lose cash(pay fee and charges) your first goal is cash preservation, second is regular capital development, and solely the LAST one is making income. Not vice versa as everybody want to have. Take finest trades solely, have to develop endurance and self-discipline. If you wish to have enjoyable in FF(as i used to be doing earlier than, placing trades with out correct evaluation) it's higher to go to on line casino, no less than you get some drinks without spending a dime.
Lets start this journey. Commerce explorer is called ALGO AND LT TRADING IDEAS. It's straightforward to generate buying and selling concepts, however is tough to discover a correct cash supervisor to have these concepts correctly translated into cash.