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I feel very motivated nowadays after the New Year. My current profit since the beginning of the year is 566 dollars trading with 8 EAs from EA Studio, and I wish that is not a luck but will remain as a consistent profit.
I am used to place the max consecutive losses in the acceptance criteria.
I think it is great filter because this way we know how many negative trades to expect during the trading.
also if there are more during the demo trading, than I know it is over optimized Expert Advisor
Hey Ossaio,
I use Pepperstone for crypto trading but I have the broker demo data been collected from long time.
I think you should get more….try closing the platform, reopen and again press the home key.
and is this data for all assets as the major currencies, or just for GBPJPY?
Yes, and the bad thing is that on some assets the brokers do not allow 0.01 as trading size. Which is ridiculous – this is CFD trading. They just force the traders to take higher risks.
Chingi, you are right, you better go over the courses from Petko first. They will save you so much time, and they will give you great guidance.
Wow, Roman, I always run the reactor overnight but the maximum I have done is 10 hours. Never tried 20.
Hey Chingi,
I would suggest you to leave that course for a bit later. It uses advanced EAs, as it has time filters on the higher time frames.
You better go first with the basic courses from Petko Aleksandrov, and then look at the more advanced.
Great post, Jacpin! And you are right about it all!
I forgot to mention that EA Studio is being updated all the time which is great. Since the first time I tested a trail, there are many new options and features. But the core is the same – it generates strategies, and we place them for trading. Easy peasy
I have places the Reactor overnight but it failed to find a lot of strategies with 0.7 win/loss ratio and min 300 trades. Just 3 EAs were there for 10 hours work of the reactor.
Thanks for making this clear, Jacpin. I do believe this is from the broker. They decide how much size to be the trading lot.
For example if you look at the oil specifications with my broker:
You see one contract size is 100 barrels. This means that 1 lot is 100 barrels(around $5000).
And I see with different brokers it is different for every asset.
Welcome, Chingi!
From my experience with EA Forex Academy and Petko Aleksandrov, I can assure you that you are on the right place to learn!
I started without any education, and lost some money trying to trade. After I found the courses of Petko and EA Studio, I am much more comfortable, and I start to get some profits.
Now, for me EA Studio is absolute must in trading. I would not imagine now trading without it! Really…I mean what we would do if we can not generate EAs? How would you know when to enter on the market, and when to exit? Simple question, but believe me, I am right!
It is up to you, if you are going to continue with it, but for me is the best trading software!
Hey Jacpin,
thank you for the answer again!
Yes, I will look to diversify the risk with some commodities and stocks.
Oooo I see your broker uses a lot of leverage or what is it? I mean what is the reason moving one pip will cause 100$ with 0.01. Are you sure about that?