On technically on how to build an EA, there are 2 options that I know: learn to code Use the ea that it is already build-in every indicators, you just have to put condition if-then and it automate run on the past for you to test. If you satisfy then save it for future use. Many broker now offer this options. But bear in mind, no ea going to pass thru market without constance monitoringRead more »
Mine is 62% for the rest 5 years with about over 10.000 trades a year and I trying to get it to 72% by next year. I have honor to cross a Vietnamese young trader who trade 300 trades without a loss too. But he will not share his strategies.Read more »
News paper and google can tell alot.. but I can tell from my experience some of the real traders I have honor to cross: One Australian stock trader who are my first mentor, he made on average 500 pips consistency A Vietnamese young guy who work for a German firm later, traded 300 trades without a loss A young entrepreneur who trade again the crow and made 1500% from his investment Huyen VuRead more »
I will share my number so maybe you look it at different angle: Previously I read it wrong most of the time, now I read it with accuracy of 62%, I tried to improve it to 72% for the last 5 years, doesnt move much. Each time I read it wrong, it costed me about 85 pips; each time I read it right, it win me 65 pips. So basically I still in profit Profit: 65 x 0.62= 40.3 Loss: 85 x 0.38 = 32.3 Profit factor is 40.3 / 32.3 = 1.25 Regards HuyenRead more »
Just a funny story but true. Last Sunday I have a chit chat with some potential investors. They call themself “dissarter followers” . The reason is every single time they follow someone trades, that account have a big time drawdown, happen no less than 5 times, no matter that signal so good that have a history of years profitable. Better not signal provider. Second story, I were top one trader on myfxbook with 500 followers in 2013 (I fail and stop on May 2014). I decide to publish my trading system for free on youtube. Funny that thousand followers but […]Read more »
What do you check at the beginning of your Forex day? What tools/programs do you have on your PC or tablet?
I spend weekend to analysis and plan for weeks trend. Here is daily from Monday to Friday: if everything is on my weekly plan: I check yesterday trades and result of the trades I put last evening, night during pop time in toilet at 04:30; Then go out for sport to 06:10 with wife Have breakfast until 06:30 Wake my kids up, have them shower and get out at 07:00 07:15 I go to my medical job on bus. During bus time and swap thru business mail and all feed, contact for business. Drop out of bus at 07:45 and […]Read more »