dan90 Posted February 23, 2012 Report Share Posted February 23, 2012 Since I tried forex I alway tried expert advisors, but I found that the are not consistent, fail after awhile, not to mention, that they give different results on backtest, demo, and live, and different with borkers. Now I just want a steady I 20% or so a month, but consistently. Some H4 or D1 strategy? I'm a student, cannot be glued to the screen, so m15 or so stagegies ar not for me. alansim 1 Quote Link to comment Share on other sites More sharing options...
iwjw Posted February 23, 2012 Report Share Posted February 23, 2012 wow, only 20% per month...that's what I would call modest All jokes aside: 20%/month that's 1% per day If you will ever find a system that generates such a profit over years, you can forget your studying and you would have enough time to even watch the m1 chart the whole day But if anyone would share here such a system, I'm all ears Quote Link to comment Share on other sites More sharing options...
4xmeter Posted February 23, 2012 Report Share Posted February 23, 2012 (edited) Since I tried forex I alway tried expert advisors, but I found that the are not consistent, fail after awhile, not to mention, that they give different results on backtest, demo, and live, and different with borkers. Now I just want a steady I 20% or so a month, but consistently. Some H4 or D1 strategy? I'm a student, cannot be glued to the screen, so m15 or so stagegies ar not for me. I agree; !!What a mess!! The ea generally doesn't work; because of broker's manipulation of the indicators. Reason which I believe that it is silly to buy an indicator. There are few indicators and tools that cannot be render falsely by the broker such as those ingrain in the mt4 platform; but they are others as well. Me to know, you to find out. I wish for a federal agency managing the client's funds. There is some ea that works but they must be based on price action; probabily one with a breakout and its condition would do. That is, if doesn't include indicators such as Renko. Edited February 23, 2012 by 4xmeter Quote Link to comment Share on other sites More sharing options...
hermes Posted February 24, 2012 Report Share Posted February 24, 2012 You are right, it is analog to adults toys. They cannot replace woman and man. Hermes Quote Link to comment Share on other sites More sharing options...
eggzactly Posted February 24, 2012 Report Share Posted February 24, 2012 (edited) Personally i don´t like EA´s. Expectations of 20% month are high, for me achieve average 10% month consistently is hard work, but is possible, and my DD is no higher then 25% since 2008. Regarding the indicators, well my most powerfull indicator is money management, as this is the key to be sucessfull or not. regards, Edited February 28, 2012 by eggzactly smurf43, cokhisaa and mr.krabz 3 Quote Link to comment Share on other sites More sharing options...
Jay007 Posted February 24, 2012 Report Share Posted February 24, 2012 Dan, I would advice you to focus on price action strategies, rather than following some indicator based strategies or EA. If you have time please go through these courses for the starting, it will surely give you some of your own ideas First one is Intraday Market Flow strategy by Hector De Ville Second one is Part Time Trading Strategy by Hector De Ville You can find this stuff on Indo-Investasi, the video lessons can give you some nice insight, but still have to work your way around. I would be glad to help you. Thanks, Jay Since I tried forex I alway tried expert advisors, but I found that the are not consistent, fail after awhile, not to mention, that they give different results on backtest, demo, and live, and different with borkers. Now I just want a steady I 20% or so a month, but consistently. Some H4 or D1 strategy? I'm a student, cannot be glued to the screen, so m15 or so stagegies ar not for me. Quote Link to comment Share on other sites More sharing options...
dan90 Posted February 24, 2012 Author Report Share Posted February 24, 2012 Well I wrote 20% because lots of eas claim more, nad I thought thats realistic to achieve, but 10-20 is good just be consistent. I found a site in hungarian, that shows typical market moves, and what to experct from them. I think I gotta start practicing. Jay007 thanks for the course idea. Quote Link to comment Share on other sites More sharing options...
jjames Posted February 25, 2012 Report Share Posted February 25, 2012 People who claim 60 50 % a month sooner or later blow out what egzactly says is right. Money management is key if you can make your 20% a month why bother. If i believe you that would be a second question 20% a month is really good wonder what your high watermark is then and biggest drawdown or lowest month. Good luck Quote Link to comment Share on other sites More sharing options...
nazmul haque Posted March 6, 2012 Report Share Posted March 6, 2012 if ea does work, then human need not to study and trade forex !!! ea works sometime and sometimes not, as usual, so never depend upon on ea !! Quote Link to comment Share on other sites More sharing options...
nazmul haque Posted March 7, 2012 Report Share Posted March 7, 2012 Per month profit might not possible but steady and stable profit may possible, it need time and patience, descipline Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.