thesaint Posted July 16, 2009 Report Share Posted July 16, 2009 Hi All... I have just written a blog base on this idea from the forum thread Why Do Traders Lose? http://www.indo-investasi.com/viewtopic ... 58&start=0 Particularly from a comment by Ikhnaton If you're the 90% of the bunch which always loses his trades ...... reverse your buy and sell buttons ..... click buy when u want to sell and click sell when u want to buy .... you will double your account by the time you get broke ..... haha =)) It was pretty interesting and it might probably be true.. I want to bounce this idea a little bit more to see if this could actually work meaning reverse these losing trades to a more profitable trade... The idea is that if I can manage to change a not profitable or a money losing EA to sell when it is suppose to buy and buy when it is suppose to sell... with stop loss and take profit inter changed, it would probably work no?? I mean logically and ideally that is what Ikhnaton means. I mean think about it... Doesn't this make sense. If we can get a robot to work this way... then I think we might have a profitable account.... because losses would be profits and profits would be losses... Since a losing EA has more losses then profits then it just makes sense that we change the BUY / SELL button the other way round no? Would really be great to share your thoughts... Quote Link to comment Share on other sites More sharing options...
ratebs1968 Posted July 17, 2009 Report Share Posted July 17, 2009 Re: Reverse Scalping creative thinking but requires a lots of guts Quote Link to comment Share on other sites More sharing options...
asp1r3 Posted July 17, 2009 Report Share Posted July 17, 2009 Re: Reverse Scalping what a thought =D> makes a lot of sense, but yes, it takes tons of courages and guts. i think we should start listing worst ea ever exist on the planet and start the reversing process. i think u should give your idea a try :D Quote Link to comment Share on other sites More sharing options...
Riptide Posted July 17, 2009 Report Share Posted July 17, 2009 Re: Reverse Scalping This thinking presupposes that all the profit and loss originates soley with the EA strategy in question.. What about the other obstacles to extracting profit such as variable spreads, dealing desk broker business models and other external influences as to why the market moves the way it does? Quote Link to comment Share on other sites More sharing options...
manganate Posted August 5, 2009 Report Share Posted August 5, 2009 Re: Reverse Scalping Unfortunately... I automated the L*T v1.5 robot and tested it in a demo ecn account - it blew up. I then added a nonlagma v7.1, as a filter - it blew up. I then added a reverse buy/sell strategy - it still blew up. So, at least with my attempts, on this ea, reversing buy with sell failed miserably. :(( Quote Link to comment Share on other sites More sharing options...
birt Posted August 6, 2009 Report Share Posted August 6, 2009 Re: Reverse Scalping EAs with a reverse feature say quite a lot about the confidence of their programmer... I wouldn't even touch an EA with it. In the past, I tried modifying in this way several open source EAs that were constantly losing, but the results were really bad, due to the lack of a proper exit strategy. Quote Link to comment Share on other sites More sharing options...
Tick4x Posted August 7, 2009 Report Share Posted August 7, 2009 Re: Reverse Scalping Trading against the trend is always very dangerous. Anyway, there are counter trend strategies that are successful, simply because the trader with great experience and good intuition can find the turning point for a retracement and pick up some pips. Sometimes the counter trend scalper can catch up the trend reversal as well... Quote Link to comment Share on other sites More sharing options...
happy12 Posted August 7, 2009 Report Share Posted August 7, 2009 Re: Reverse Scalping tried this reverse idea years ago and surprisingly lost about the same amount. There is a lesson here but not sure what it is. Quote Link to comment Share on other sites More sharing options...
xbx Posted August 7, 2009 Report Share Posted August 7, 2009 Re: Reverse Scalping if market has a cycle like sin/cos chart , then we can do it . but market is dynamic and there is no chance to revers any trading method to increase win positions ! Quote Link to comment Share on other sites More sharing options...
Greenscaile Posted August 7, 2009 Report Share Posted August 7, 2009 Re: Reverse Scalping I wrote several ea's that worked by reverse trend; they worked well for a while but all of them blew the accounts in the end! The only way to use it is to have very strict entry rules. Quote Link to comment Share on other sites More sharing options...
zigajp Posted August 12, 2009 Report Share Posted August 12, 2009 Re: Reverse Scalping The market repeats a narrow buying and selling trend and a long buuuying and seeelling trend. if you find the both of the beginning of the trend, you can get rich! It is an eternal theme. Quote Link to comment Share on other sites More sharing options...
robforex Posted August 12, 2009 Report Share Posted August 12, 2009 Re: Reverse Scalping If you have an unconsistent EA, reversing it you get probably a more inconsistent one, the problem isn't to buy or to sell, but WHEN Buy or Sell, entry end exit timing Quote Link to comment Share on other sites More sharing options...
trsam Posted August 16, 2009 Report Share Posted August 16, 2009 Re: Reverse Scalping Taking the opposite trade signal that a inconsitent EA generates should be profitable, doesn't it? Quote Link to comment Share on other sites More sharing options...
Zoki Posted August 23, 2009 Report Share Posted August 23, 2009 Re: Reverse Scalping Instead of using "Reverse Sclaping" concept, I prefer to use "Reverse the position if the stops has been triggered" Quote Link to comment Share on other sites More sharing options...
Dragonpips Posted August 26, 2009 Report Share Posted August 26, 2009 Re: Reverse Scalping There is a lesson here but not sure what it is.I then added a nonlagma v7.1, as a filter - it blew up. Quote Link to comment Share on other sites More sharing options...
unknown2009 Posted August 29, 2009 Report Share Posted August 29, 2009 Re: Reverse Scalping Taking the reverse side (entry) is just one point, another is the right time to get out of the trade. Quote Link to comment Share on other sites More sharing options...
Tick4x Posted August 29, 2009 Report Share Posted August 29, 2009 Re: Reverse Scalping We can lose many ways (timing, money management, bad analysis, etc.) and can win only a few ways. What is more, the brokers always have an edge that is the spread and in certain cases the commission, an inconsistent system does not have an edge at all. So we always have bigger chance to lose than to win. Quote Link to comment Share on other sites More sharing options...
bali2002 Posted September 2, 2009 Report Share Posted September 2, 2009 Re: Reverse Scalping I would actually love to see some stats about reverse trend trading Quote Link to comment Share on other sites More sharing options...
Mindsphere Posted September 3, 2009 Report Share Posted September 3, 2009 Re: Reverse Scalping I would think that your EAs that fail would probably breakeven if it weren't for the spread. Factor in the spread (and slippage) and it's a loser. Which means when you reverse it, it'll still be a loser! Quote Link to comment Share on other sites More sharing options...
cdavis5766 Posted September 3, 2009 Report Share Posted September 3, 2009 Re: Reverse Scalping I think we would have a better chance of being sucessfull if we reversed a losing trading system instead of an ea. With the ea you don't really know the inner workings unless you developed it. Take a moving average cross system that always looses, you can see exactly what is happening and do the opposite. With the ea you dontknow all the reasons for entering or exiting the trade so you don't really know why it lost. Quote Link to comment Share on other sites More sharing options...
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