Exactly. Because the NET amount that's risked over the life of the comparitive tests is different using Fixed Ratio than with Fixed Percentage. If I run two tests, side by side, and use Fixed Percentage, then over the course of that test I would ...

Money Management vs. % of Success in Trading Systems

Dittos. Even with my system, where I have an excellent probability of success, I think I lost the first 3 months trading it because of all the mistakes I made. Everyone has to pay their dues. You can either take part of your 145k and buy a short ...

Can 100% per Month be Achieved?

Ahhh. I think you guys are all talking apples and oranges. Bemac and Pawn aren't talking about Fixed Ratio methods, they are talking about Fixed Percentage methods of risk profiling. There's the big difference and the reason that Phil's equity curve ...

Money Management vs. % of Success in Trading Systems

I have a system that has the following theoretical figures based on manual back testing: Win Pct: 81% w:l ratio: 1:1 If you risked 7% on every trade, you would nearly double in one month. I've spent the last 4-5 months teaching myself how to trade ...

Can 100% per Month be Achieved?

Right, but, that's kind of the point. The higher win percentage, coupled with the lower WL ratio results in a different expectancy. Take a sampling of 100 trades and you get the same result. Try 1000, and it will be the same - using Darkstar's ...

Money Management vs. % of Success in Trading Systems

It sounds like you want some more definitive answers. Here's my take. Required: - No college courses are required to be successful at Forex trading. Helpful: - Finance and economics are both helpful. I used both as I tried to work through developing ...

College Major for an FX Trader?

For those of you testing and need some computing resources ... I signed up with VPSLand.com for a virtual private server late last week. I installed 4 instances of MetaTrader and have 3 firebird versions being tested on each one. You can connect ...

Firebird EA - fixed version -

I picked EURGBP and EURCHF because it was recommended to trade non-correlated pairs. If you trade USDCHF and EURUSD, you have a pretty high correlation and might as well double up on one or the other.

Firebird EA - fixed version -

I'm not following your post, here. I also am fairly ignorant with how the other ECN's work. However, I know for a fact that the live feed for Coes does not have any of these things going on. The way that CoesFX works is that they have, for example, ...

CoesFX and MT4

I've never heard the term "grounding".

CoesFX and MT4

OK, I have to know where the handle comes from. If it's your name, you have a truly unique name, my friend OK, the spike problem is a known problem in their demo feed. Here's a reply I gave to another trader: url . If you'd like, email me and ...

CoesFX and MT4

Thanks! I hadn't even looked at today's posts yet. Shame on me!

Firebird EA - fixed version -

I heard there were concerns using GBPUSD aand USDJPY with this, so, I avoided those. I tried EURJPY just for fun.

Firebird EA - fixed version -

Maybe I spoke to soon. I woke up today and found some pretty serious negative float on 1c. Here's what I'm testing: eurusd, 1m, .05% usdchf, 1m, .05% eurjpy, 1m, .07% eurgbp, 1m, .07% eurchf, 1m, .1% usdcad, 5m, .1% audusd, 5m, .1% I like the ...

Firebird EA - fixed version -

Maybe he is a chick in a man's avatar Sorry MM, couldn't resist

What is your trading style (when not trading data)

I also want you to think about something you said in your post. You mentioned that if it takes more than 15 minutes a day that maybe you should find something more worthwhile to do with your time. Well, that's a fair statement. But, consider the ...

time commitment

If it only took 15 minutes a day, everyone would do it and be successful. It takes hours each day for many weeks, months, or even years for some. Part of it is psychological - seeing the charts frequently enough can help you overcome the ...

time commitment

OK. I'll throw my thoughts in the mix. I have a BA in PoliSci - emphasis in Int'l Relations and an MBA - emphasis in Finance. You have two unrelated career choices you're asking about. 1. FX Trader - I can't say that my finance degree helps me out a ...

College Major for an FX Trader?

It seems like the last few pages of the thread has focused on the 63G versions. I've got a test running comparing 1c1 to 1b2. I have the same pairs/settings for each and it seems like the 1c1 version did a much better job both logging pips and ...

Firebird EA - fixed version -

Basically, once you close a position, just pretend that margin was never even part of the trade. Margin has no impact on your P/L statement - only pip value and pips gained. It has a great deal of impact, though, while you are opening or currently ...

understanding close out results of account