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Hey Petko!
Thanks for all the updates again. You are giving away so many EAs each month. That is amazing!
Hello Jay – R,
I have asked Petko for all of that in the beginning in the 1:1 class so I will afford to answer:
1. When you save the .hst files you make sure you are not losing the data. It is a way to collect it. For example, if you change your computer, laptop, VPS and you install the MT4 again, you will lose the Historical data you collected till the moment. If you have the .hst files you can place them in the path described from Petko, and the Historical data will show in the new platform that you install.
2. You need to open one chart for EURUSD, and switch from M1 to MN, and on every timeframe, press the Home key. After that leave it on M1 (because there the ticks are coming). Before I export data, I switch quickly the time frames to make sure the new data is added.
3. I do not understand what exactly is slow? When you press the Home Key it loads slow, or when you place the script?
Hope this answers your questions without the 3rd one.
Kind regards,
Petko. I think having such a page with trustful brokers will be very very useful for us and as you said for the beginner traders.
I shared in this topic how bad I was scammed and I am sure that such a page will help many, and you will protect them.
Of course, it does not mean that people should open an account with the brokers you list, it is their choice. But at least, they will have an idea about some regulated names.
Surprised to see a stock trading course, Petko! The EAs are already on my small live account where I test.
Recently I test the EAs not on Demo but on my live account with 0.01. I found that this is the better choice for me because I struggle to find a broker with same Historical data on Demo and Live server.
So when I tested the EAs on Demo and after that I move to live account, the results did not match every time.
Welcome to the forum!
I did not have experience in trading before I came to Forex Academy(unless the fact that I was scammed pretty bad from a binary broker). But I can share with you that no matter which course you will take first you will receive a lot of value. I have all of them, watched them more than 4 times and I wait for every new course that comes up every month. Petko is a genius for me…
After I practised for about 3 months I succeeded to have profits in the account and after that I had one losing month because of my own mistakes. The other 9 months I have been on real account are all on positive. Of course, I am still looking for a better and better approach to combine many EAs in one account.
I wanted to update this topic with some recent observations I have. Since M1 and M5 are very tricky, volatile and the same time it is hard to get EAs that will last profitable, I tried trading only with EAs from FSB Pro that have more than 1000 count of trades. The results are promising even I get less profit per day, I get more stable EAs.
Hey Andi, I think people lose their money is not just because of the leverage but more because of lack of knowledge and education.
I do not think anybody taking a course from Petko has blown an account. If he did, I am pretty sure one did not follow what Petko says and suggests.
I really like having leverage because I trade relatively huge positions with a small risk. It is just fantastic.
Also, I wonder how come the casions are so popular in most countries and there are no limitations in that, and at the same time, there are so many restrictions with the Forex.
And when you are in the casino you do not have real chances…
Thank you, Petko for the video! It makes a lot of sense now!
I couldn’t figure out why I do not see the green part in the strategies when following your method from the Walk Forward Optimization course.
Thanks for making these videos 🙂
Nice to know that. I run Reactors all the time, but just click Start and leave it. These guys are amazing.
As far as I know, there are the Win/loss and Return/drawdown.
How should be risk/reward calculated? How much you are risking vs how much you profit. This means the loss (this is what we risk) vs the profit (this is what we benefit). If this is the case this is the win/loss or the profit factor which is the gross loss/gross profit.
Dommech is pretty correct. With EA Studio we do not think anymore about the strategies really. It is all about money management and the way you will use the strategies and the EAs.
Before it was so hard for me to find a single strategy, now with EA Studio(I use it above 1 year now) I feel I am on the next level. Actually making profits 🙂
Hey, Petko! It looks like really nice! I am sure the people loved you! What about the pictures in Tokyo?