Royal Flush
Filed Under (Journal) by Casey on 20-08-2009
Have been taking some time out and read up more about forex trading…
Well… it the pursuit of mastering the art of trading… Thought this article would be interesting to share Ten Lessons I Have Learned About Trading From Poker
Some of it would probably apply to automatic trading… well.. I can relate to the one where it mentioned to stop trading and take a breather after getting oneself into a losing streak…
No TweetBacks yet. (Be the first to Tweet this post)







I agree with Casey. That’s a very interesting article.
Thanks for sharing!
After just one loss I am already feeble about placing the next trade. That´s why I like automated system, but still I tend to interfere with the black box and alter results. However, successful trading does exist, perhaps not in the form of EAs, as they produce completely different results at different brokers and for different people running them. Lately I am following the trading signals of fxbosstrading.com, which I learned about from FPA http://www.forexpeacearmy.com/test_lab/forex_signals_performance.
It is very tough following the signals because they arrive anytime day or night. But it´s only about two trades per day. Now I just need to adjust my life around an SMS and a way to be able to place trades and make around 1,000 pips per month (that’s what they have performed for over two years). I am receiving the signals with a few minutes to place them and get the same results shown on FPA.
So IF this is suitable for some of the readers here, best wishes and many pips to you all.
joaobucks(at)yahoo(dot)com
following other peoples signals will u make sick and poor on the long run-just skip it!
regards EA trading-u are wrong. Its the only way to make money, day in day out
http://pcv8multipair.mt4live.com/index.php
http://pcmax.mt4live.com/
http://pceumaxgt1.mt4live.com/
Onur, you make a good point. Obviously I prefer automated EAs. But I just haven´t found anything truly consistent across the board. For example, PipsLeader bit the dust on 4xproject.com while it was number one for last 3 months on another live test. When I am convinced that RoboMiner is good, another site says it is just waiting to be caught against a strong trend. What to say about Casey´s long quest to turn profitable, just to be hit with another surprise?
Can you say more about the sources of those MT4Live statements?
Thanks for your input.
u r welcome.
I trade since 2003 and i ve been through every rollercoaster ride possible on forex trading. 2006 I met two traders with programming skills and since than we work on own EAs, mostly based on Martingale, but with a lot of whistles and bells on it.
The posted mt4 states are traded with our EAs
This is the newest one on ibfx nanolot demo test, 20% up in 3 days. max DD 2,7%
http://pcmaxmulti1ibfxnano.mt4live.com/
for further questions: brunokleinert@gmx.de
@onur… so i guess you are going to tease us with your statement and no plans to share huh…
. Question: when can i get a piece of this action?