My Trading Journal (Driving My Ferarri EA)

[jonnyrich007]

I also trade with EA and continually recode them. So I will look forward to looking at yours. And for some people still wondering... you "test" by trading it live going forward! Not backtest things to death. It is much better to run 10 demo accounts with different parameters at the same time than curvefitting with endless 10+ year backtests.

[jonnyrich007]

DD is not tha relevant. Look at the lot sizes. Look at his balance. Then look at the overall risk. This is going quite well so far. DD means nothing to me if I am risking within my proven comfort zone! And always calculate off of the balance. If you just stare at the equity, you'll always be afraid and paralyzed. Withdraw your earnings and reboot so to speak and start over. But most traders dream of using their trading acct as a piggy bank. No. It should be treated as an income machine.

[toby123]

exactly 45 trading days here's the result of my ferrari,,, 410%, lovin' it!!!

[gs8888]

exactly 45 trading days here's the result of my ferrari,,, 410%, lovin' it!!!

Waiting for your system..When can we expect that ?

[toby123]

here's my journal before the start of trading week, hoping to get a few % profit this week, be patient with me im going to share this with you guys very soon!!!

[toby123]

result for today so far!

[NWAM]

Toby123,
Ive been following your thread now for at least a month now. The results do seem impressive. very impressive.
Im very new to the forex game and have mostly been concentrating on price action, because ive been told 'systems' or expert advisors only work for a limited time whilst market conditions are appropriate.
I dont want to poo poo your system, in fact im very keen to learn more. I am just wondering what your thoughts are on how your system will behave over the long term and if you think it may be susceptible to the same problems as other systems?

NWAM

[nevergiveupss]

Toby123,
Ive been following your thread now for at least a month now. The results do seem impressive. very impressive.
Im very new to the forex game and have mostly been concentrating on price action, because ive been told 'systems' or expert advisors only work for a limited time whilst market conditions are appropriate.
I dont want to poo poo your system, in fact im very keen to learn more. I am just wondering what your thoughts are on how your system will behave over the long term and if you think it may be susceptible to the same problems as other systems?

NWAM

Very much Toby is shorting USD Against other currencies, or other words (buy EUR, GBP,CAD and Sell USD) As long as USD value fall, he gains. However, if USD rallys, he has drawn down! right TOBY? CORRECT ME If I'm wrong.

Cheers,
NVGU

[nevergiveupss]

Furthermore, for the last 3 months, the market is ranging! USD is up and down about 200 pips range vs other currencies basket. I'm just wonderring if we a huge break out trend coming up? other ideas are welcome!

[crumpetis1]

Hi Toby 2 quick questions for you?
1. R u exclusively trading or do u have a day job too?
2. For how long have u been trading the new strategy on this post? And the 600 seconds one on the other thread...
Thxs so much for ur replies
Isabelle