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Guys, glad to tell you that the first trader that will be recording with me is Samuel Jackson ( I am sure you know him from the Forum).
Do not hesitate to give it a try, send me your video, and let’s create some content together.
Here is a video that I published today:
Nothing really special, just sharing a strategy for EUR USD that I have found and have been using in my trading.
Hello traders,
I have updated the 5 EAs again.
Many of you were asking for an update because the EAs were losing in the last month. Keep in mind that the Russian-Ukrainian war caused a lot of unexpected moves on all markets (Forex, Crypto, Stocks).
However, what I did was analyze the strategies on fewer bars (focusing on the most recent period).
Test them on a Demo first, and I hope the results will be satisfying.
Kind regards,
Petko A
PS. The EURJPY strategy is just the kicker…it does not need any update for quite a long time now!
Hey Selim,
Can you make it more transparent what you mean by “I can’t see it at the moment”? Do you not see the course or?
Thanks, Samuel, for taking the time to answer in detail.
Dear students,
I just added a section about Metaverse to my NFT course.
There is a lot of volume and NFT trading on these Play-to-Earn games, so I am sure you will find it helpful.
Whether you are an artist, a developer, or just a gamer who wants rewards, there is a spot for everyone on these Metaverse games.
Check the section in the course!
Will see you there!
Petko A
Hey traders,
I hope you are doing well!
I just uploaded the new EAs for April.
Test on Demo, and trade safe!
Petko A
Yep, some users trade just EURUSD on M15 but with different strategies. That is still a portfolio.
While analyzing the collections in the Pool today, I saw that some of the assets like AUDCHF or AUDNZD are not worth generating and studying strategies. There could be some good EAs…but why would you trade them when there are the majors, right?
Imagine Porche and Bently were at the same prices as Mazda and Toyota. What would one prefer to drive? :)
Absolutely!
And everyone should be enjoying it, and not struggling with it.
Plus, the IDEA of algo trading is not spend a lot of time on the PC :)
Hello everyone,
I have spent the Sunday filtering and analyze all collections in the Pool (from EA Studio Professional Course)
All of the strategies have:
Profit factor >1.2
Min Count of Trades 300
R-squared > 50As you can guess, there are fewer strategies now but more effective ones. Robust ones!
Guys, I have updated the Pool in the EA Studio Professional Course.
I have filtered all collections and there are fewer strategies but better ones.
All of the strategies have:
- Profit factor >1.2
- Min Count of Trades 300
- R-squared > 50
Cheers,
Hey Samuel,
Great topic here! Glad you are sharing your system with the others!
1. I think it is alright to keep it a bit unbalanced. The only issue you might encounter is during the red hod news. For example, if you have a bigger exposure to USD and you keep the EAs trading during the NFP. You might see bigger profits or losses. However, that is not every day. Changes in Interest Rates might also turbulence the portfolio…
2. Well, you can not do a lot about it… I wouldn’t worry about not having trades…better not have trades than have losing trades :)
3. Yes, adding M15 and M30 makes sense
I know keeping it all balanced is nearly impossible. And recently, I have tried not to focus on that but on the markets that make the most profits.
Again if I give the crypto market as an example, I used to trade many coins and keep a balanced portfolio. However, in the last two years, I increased BTC in my portfolio because it brought me significant profits over time, it is stable (compared to the other altcoins), and it is good enough for me to trade it.
So if you find that EURUSD on H1 brings you the most profits, then why not have more strategies with it, right?
Keep up the excellent work!
Hey Samuel,
Yes, it makes sense to backtest the last few weeks, and if you see the EAs doing well, you can keep testing/trading.
What you said is correct. I see many traders rushing into live. Many never step on a Demo at all.
This comes from the many scam brokers, websites, and services that promise profits with a single EA. And many start to believe that one EA will make them millionaires.
Even if someone hits many times into a scam and loses money, they start to think, ” Alright, this was a bad choice, but I will find the one EA that is profitable all the time.”
We all know that with one EA, we can not accomplish a lot, and it takes so much time to test and find yourself comfortable with the profits you are making by trading many EAs, only many markets, on many different timeframes.
Hey Matthew,
Glad to hear from you. I tried to order such an EA from a developer a few years ago but the results were not what I was expecting.
I did a lot of tests and my final conclusion was that it is better to control the NLF manually.
However, if someone finds a better solution, I would be happy to know about it. :)
Hey Guys,
Great topic and discussion here!
I am happy to see you are discussing the plan in such detail. Asking for help and opinion is never a shame! Good job!
I stand 100% behind the words of Samuel, thanks mate, for answering with extended writing.
I can add that you should not focus that much on the ”20% Monthly”.
With a lot of crypto trading in the last two years, I realized that the profits we make depend so much on the market itself.
If I make 50%, I am happy with it. If I make 5%, I am still satisfied. I am happier if I make 2000% (which I did with some coins).
It is the same with Forex and the Stocks. It depends a lot on the market (more than what I thought initially).
So you guys, focus on perfection in your strategy/system and leave it on the market to bring you the profits.
Always try to improve the system to test new things and experiment, which will make you successful.
Good point!
I would also suggest you keep it simple. In the past, I used to have dozens of Demo and Live accounts which I was using to test 1000s of EAs. And the daily check was obviously taking me a few hours. So I started checking the account 3 times a week, after that, just 1-2 times during the weekend was wrong.
As Samuel says, it is better to check daily but quickly (so you won’t lose a lot of time with that).
More, it depends on what time frame you are trading. If you use M1 and you have many trades daily, then you need to check often. But if you trade on H1, H4, or D1, you won’t have a lot to check.
So finding the golden middle would be best.
Yep, that is a good point, Samuel.
It happens often that beginner traders will put all of their money into trading. When I was working for brokers I saw that over 70% of the people do it.
And you can guess what happens – over 90% blow their accounts in the first 1 month.
Opening a bigger account does not mean you have to put all of the margin into trading, and definitely it doesn’t mean you will profit more.