Burnout Blues
Filed Under (Journal) by Casey on 28-09-2009
Has this every happen to any one of you? Well this has happened to me over the past two weeks.
I believe I had the case of burnout blues… if ever there is such a thing. Over the past two weeks I was very inactive in forex.
My last activity was backtesting Cyborg against all the known currency pair. I had a lot of results… some interesting, some lousy, and one or two good potential ones.
But somehow or rather these results did not excite me. I really don’t know why… when I wanted to post these results. I always freeze in front of my computer… Don’t really know why I could not push myself to do it…
Even when I wanted to continue backtesting Cyborg with some new ideas… I just stared at my computer screen blankly like I was stoned with puffing too much weed.
One things for sure, I did not try to answer why I was stumped everytime I try to do anything with the word ‘Forex’ in it… I just decided to take a break. I mean a real break.
Previously when I said I would take a break, I just took the ‘over the weekend’ break. 
But…this time. I completely took a two week break from anything and everything forex. Nothing to do with forex, backtesting, answering emails, not even going to my site to see what is happening.
Even when my VPS was shutdown for a few days… I did not care. I just let it be…
Well, I must say that it that break did well for me… but now since I lost my momentum that was running over the past few months… I have to get back into the motion, by setting my gear level to one…
I started answering my emails a few at a time, posting this update on my blog, continue with my backtesting and realigning myself again. Resetting my VPS and EAs and let her rip…
Kind of like starting a fresh… with a good perspective. Well… looking forward to next month once more with renewed enthusiasm… and share with everyone my results soon.
U still recomending this VPS??? “… was shutdown for a few days!”
That would scare me to death…
Casey, I like seeing your hard work. And I even pray you will be profitable. You deserve it. Last Sunday night I started http://www.forexhacked on a demo account http://joaobux.mt4stats.com. Doing great. Sometimes the drawdown is scary because I am using lot size about 5 times greater than safe. But this is just to see the limit of danger in this strategy. If it doesn´t blow this high-leverage account, it won´t blow my real money account, which I will trade at one-fifth the size of the demo. The joy of trading forex is in making money!
You need to chill for awhile. The current market conditions are not stable enough to run EAs. I’ve done better just manually trading support and resistance levels. The dollar has fallen to far too quickly and may be due to reverse soon. Market gyrations are an indication of a change to come.
sorry squareRoot, that’s nonsense.
There is no such a thing as a “stable market condition” in forex. Only trend or range, up, down or sideways. Nothing else.
If an EA not succeed in every market condition, just put it in the bin
http://pceumaxgt1.mt4live.com/
I agree with you there Onur. There are so few EAs which can adapt to different market conditions that we accept this as the norm. I don’t think it has to be that way although I think excessive expectations hinder many systems.
Nice stats btw. What EA are you using? Is that a home brew or a retail one? I’m always game for a martingale
LOL i see your name bro!
Its an ADAPTIVE Martingale home brew, 3 years of development together with trading friends. They have the programming skills , i have the trading experience…we are a good think tank. We are working on Marty multipair EA for smaller acc size. Looks promising:-)
Drop me a mail if interested on the link to the experimental mt4live state for this Multi Marty
brunokleinert@gmx.de
In relation to the first comment about VPS being down for days…I must say i wouldnt recommend forexVPS!! .. my system was corrupted through no fault of my own. I had the 1.5MB RAM pack and was running 3 MT screens. The system couldnt be accessed and was told it was corrupted then blamed it on running eg. CCleaner etc which i never run. Ive had system loads as well, thereby making the system slow. This service has turned out to be not only second rate but dangerous.
an eye opener regards EA performance and brokers:
http://www.forexfactory.com/showthread.php?p=3114972#post3114972
I agree with the argument about a stable market. What is that, and how are we ever to predict that? Then there would be no point in EA at all
@ J Santos: be careful risking real money on this EA..
http://www.tradingsystemforex.com/commercial-expert-advisors/2346-forexhacked.html
the reason why they don’t show backtest for this EA is obvious: it blows account away
and if this happens on their live states they just remove it and tell us there was a problem with the state provider!
Trader beware!!!!