Well as you some of you know we went live with our trading. The length of trades have dramatically increased to where interest earned is becoming a larger percentage of the profits. Why?... oh... Why? does the system change so dramatically when we go live...The last trade in the demo was extremely slow too... I feel extremely safe with this system and will continue. But at this rate I will be lucky to make 1% this month. Do you guys think that posting publicly and drawing attention to myself has any effect on my system? Michael B. P.S. Now comes the real work of trading. Understanding how to react to what the market is telling you then adapt & adjust. But I must do this is a parallel demo account as I respect money too much.
no, it gives you a focus and keeps you interested. good trading is actually kinda boring. if you get a good run, it can be exciting. but the nuts and bolts ... boring. no social interaction. in that respect, you could even say it sucks. posting here has nothing to do with the mechanics of your system, it's just a public forum to prove to yourself whether you are right/wrong with your trading.
Electric, There you go again...Your just a developer and a "Trading Hacker". Your not happy unless you have a project... Just let me trade my shift and YOU trade your shift...instead of this never-ending "jumping about"... Why don't you read some of the excellent posts here and make trading your shift and ME.... YOUR LIFE for now. I am going back to sleep now... Wifey
I am sure that this happens on the quantum mechanics level. You become observed so you then fit the alternate universes of all the observers. Up to that point it is random and you could take random entries and use good exit strategies and make $. My daughter used to win every county fair drawing, every bingo game, I mean win them all. So I had her buy a lotto ticket for me. She has had to work hard for everything in life ever since. Something changed when she went pro, not sure it is quantum physics or what but it happens.
I just got of the phone with another trader in Israel. He reminded me of the World Cup and told me that might be why things are slow. Sweden and Belgum are playing just now. I find the network of traders that I have met here in ET are a great resource from all over the World. Sometimes when I have trouble I get on the phone. I encourage the readers here to make friends and network with one another. We all need to stick together as Retail Traders. Off to the Gym soon... Michael B.
I have discovered a formula error that I added in excel, which caused the system to be trading at 1/5 the correct size for the targets and "add to's" used. It was amazing though as I almost hit the tier one target at 1/5th the trade size...so that told me I could go for more... I have corrected this....and I wish that the slow movement was because of the World Cup...but actually it had nothing to do with it... Just more human errors... Hey we made microscopic money but I do not want to tell you how much time has been wasted. Why do I find this out AFTER going live...????????????? Well anyway's I have a more accurate way to determing trade size and scaling now as I added a new routine to avoid this from happening again. We will be able to "adaptively" corner the trade now. Now I got to talk to Wifey and tell her...(she is sleeping as she just ended her shift 2:45 minutes ago. I will let her sleep) Michael B. P.S. The bright side of this is that I may have never discovered how "off" I was on the possible target. I still keep the system loose and do not over-optimize...and with the added benefit of hedged twin pairs...I have plenty of time to get out of this trade that I have been in all week...(I would have been out in hours!!!)