The Rules Of The Road

Rules for my robots and money management going forward. the maximum daily risk for $100 account is 5% (reduced for larger accounts) my current risk is a way to high my current strategy waits too long to get into a trade and usually gets in near the top or bottom...

Hedge Fund Update – 2018/08/07

So far I have been running with three signals from traders and one EA that trades on News Events only. I am very pleased with this experiment and have high hopes for this. All traders and EA’s made a profit but risk level varied. I have switched out the worst...

Market Open Times

Local Vancouver Time Sunday 3:00 PM Sydney 4:00 PM Tokyo 11:00 PM Frankfurt Monday 12:00 AM London 05:00 AM New York  

The Foolishness Of BackTesting

Unrealistic Expectations I think backtesting in MT4, the way it is typically done is a big waste of time. We are trying to test the robustness of an EA (or trading Robot) over a very long period of time in all types of market conditions. But this isn’t how we...