Home › Forums › EA Studio › Portfolio EAs › portfolio calculations vs reality › Reply To: portfolio calculations vs reality
Hi David,
First of all let me assure you without any doubt whatsoever that EA studio is exceptional software and highly accurate. I can guarantee you that the mismatches are your mistakes and not the software’s, which I hope is comforting :-). Early days I remember having similar frustrations but it was always my mistake.
I will get to addressing your main issue in a second but first there is a far bigger issue to address. This is the fact that you are not ready to be trading live yet and certainly not with a meaningful amount of money. I think its good to have a live account and you can reassure yourself how things will compare between demo and live by uploading data from both the demo and live server from the same broker and comparing backtest results etc. BUT besides that you should not even think about trading live until you have had consistent success in demo.
As a rule I think only when you are happy with your demo results over three consistent months should you move to live. Of course that doesn’t mean every month should be great but the aggregate should be and the poorer performing months should be controlled (I.e Month 1 = +15% profit, Month 2 = -5% profit and Month 3 = +10% profit would be a good result in my opinion).
You have made no real mention to how you are using EA studio and how you are generating and selecting your EAs. How many of Petkos courses have you watched and what general guidelines are you following may I ask? Your approach seems pretty brute force from what I have read above?
Its great that you enjoy the process though, this to me is an extremely important indicator of your likely success in the future. But its not as easy as just generating loads of strategies with good looking equity curves and throwing them on a live account unfortunately :-(
So my first recommendation is stop the live trading account trading immediately and start practicing on a demo. I hope you agree?