I appreciate the posts David...

Me too. What a punk

Well, 0.5% risk setting is an illusion, since you are not using stops. This setting only determines lot size, but not risk!

correct....Risking a true .5% would not bring any returns worth the trouble. Unless you have a 50k account.


5 open orders will have .3 mini lots total in the market. (per 1k in account)<---edited


I said before.....if you chose to run a martingale type of management be prepared to risk 2/3 account.

I could bust the whole account and wont care.

One of the first rules you learn when introduced to trading.....do not put money in your trade account you can't afford to lose. If you can't afford to lose your whole account then you shouldn't be trading.

A martingale style ea is not for every one.

But 3 months of forward testing tells me it will work. Only thing left to do is run it on real money.


Also remember the greater the risk the greater the reward. Donald Trump has gone bankrupt several times, because he is not afraid of risk. And he always recovers. Also because he is not afraid of risk.

I produced positive cyberia trader results with real money. I was heavily critisized untill certian people saw it working on real money.
And I will do the same here.

Dave

thanks guys for the support. Next time I won't dignify that guy with a response.

Dave

Sorry if I seem to be very picky about some details, but I want to clearly separate things out.
Now to add something constructive ... Attached you find an Excel sheet that computes the probabilities and the expectation of the Goblin strategy up to 5 orders per trade. All yellow cells are input cells. The most important one is the "Edge" cell, telling you how much better your entry method is than purely random (50%).
As you can expect, expectation=0 for edge=0. Playing around with the inputs such as Pips, T/P, S/L one can easily see that even with a random entry, one can increase success probability as far as we want. But finally, when loss hits you, the account may be wiped out ...
However, when edge > 0 (e.g. 2%), one should try to maximize expectation. First one can do this by playing around with my Excel sheet on a simulation basis, later test results from backtest/forward test can be used too. Here it soon becomes clear that using very high stop/losses are not at all optimal! Try to find some settings (pips, t/p, s/l and lot allocation) that give you an expectation > 3% ! Note that we even haven't touched the entry signal, we are only playing around with the exits. Different settings make a huge difference here ...

Attached Files

Goblin_Probabilities.zip (2.6 KB, 146 views)

good. dont. your still an arogant dick who ruin it for all of us and we dont forget. if you think you have support it only from a few helpless leachers, dork.

Shibeng, it looks to me that you are more influenced by the Kuka_Fund guy than any common sense.

What happened on this thread between David and Bluto happened, you need to move on like the rest of us.

The reason why David has my support and others is because, for all his faults, he is putting his money where his mouth is and moving from demo trading onto trading the EA with real money.

Many people on this forum will never move to that stage with any EA!

So, I think it is time that you get all your anger out and just let it go....

Here is a shot of the account. Showing the deposit + 45$ promo from fxdd.

For all the skeptics out there....notice the first account and last account are real money accounts. I opened it in my parents name and next I will open one for my daughter and another for my brother. Then one more in someone elses name so I can run all five accounts from one platform. Need 5 before fxdd will allow control from one platform. Not sure if they can all be in the same name. So I open them all in family's names.

Dave

Attached Images

bipoler real money.gif (76.3 KB, 410 views)

week 1 bipoler

Attached Files

Bipoler Week 1.htm (41.4 KB, 174 views)