Is it feasible to exchange (buy/sell) and be profitable?
Could an EA simply doing random entries and cash management be profitable??
Is it feasible to exchange (buy/sell) and be profitable?
Could an EA simply doing random entries and cash management be profitable??
I'm not so convinced Jolene, from the books that I have read, a few trading and a few mindset related publiion, the replies I have observed is that you don't have to work hard to become successful.
Personally I'll be convinced either way if the account is blown or the system is in profit after 1000 trades.
I believe that long term price action (fad ) isn't random, however a lot of intra-day motions are somewhat random. Random from the feeling that you don't know what caused the move. Sure EJ is in an upward trend (I think) in the moment, but you/I cannot predict the direction of each hour candle and this for me is where the randomness comes in.
Anyway... I need to letting things run, lets see where it is going to end up!
Forgot to mention that the percent should be in the last percent close in order to recoup the losses (if any) shut between the percent closures.
Nice to see that the long short trades are more or less 50/50 [as the entries are arbitrary ].
Avg profit per trade is not great and the equilibrium is draining ever so gradually. Though equity has stayed in positive territory through outside, it will be wonderful to find the equilibrium creeping up. What's going to be key is allowing the winners run. . And run for quite a while!
Looking at the trade report GBPJPY was a bit expensive. . And looking at the daily chart it is apparent that it's been range bound more than EJ UJ... have to find a solution to avert over trading range bound pairs.
Take a look at chicky's thread, he is trading randomly
https://www.cliqforex.com/trading-sy...s-retreat.html
Thanks. . Checking out it.
Made some slight adjustments to cash management based on the win/loss ratio. Should the win/loss proportion stay where it is, the balance should start going up.
Random trading is not great kind of thing,in my view. You can be successful once or twice, bt thn you will lose all ur profit. Trading is not a random thing, u'll should work difficult, 2 get success.