It's amazing how many people don't read threads from the beginning but only chime in from the last post. EA is NOT FOR SALE. EA is NOT OFFERED FOR SALE. EA will never be for sale. I'm not in the business of selling or sharing my EAs. I'm a trader, ...

Probability, Pyramiding and Money Management

It's amazing how many people don't read. EA is NOT FOR SALE. EA is NOT OFFERED FOR SALE. EA will never be for sale. I'm not in the business of selling or sharing my EAs. I'm in the trading business.

Probability, Pyramiding and Money Management

Who is trying to "pump an EA"? Just so you know in advance, my EA is not for sale. At one point in time I thought about selling one of my EAs, but realized that even with a 7 figure price tag I would not release it to a 3rd party. So no pumping of ...

Probability, Pyramiding and Money Management

We've already clarified my mistaken definition of pyramiding vs. dynamic position sizing. I come from a futures trading background where pyramiding is used frequently, but with the advent of EAs I prefer dynamic position sizing. Pyramiding works ...

Probability, Pyramiding and Money Management

I agree with you and disagree with you. "If it was that simple everyone would be millionaires..." Spot on. "Higher time frames shows you what has occurred, not what will occur." Do lower time frames show you what will occur? You must have an amazing ...

Probability, Pyramiding and Money Management

So I'm letting the cat of the bag. I started this EA because I wanted to think about what could happen with an EA that I was experimenting with. Without posting screen shots for those that are too lazy to read through this thread and think about the ...

Probability, Pyramiding and Money Management

You're a scalper so you're managing risk for the next X minutes of time in trade, so the reality that the market will move 1000 pips in either direction within the next 12 months is not managed into your trading plan. To figure out which price to ...

Probability, Pyramiding and Money Management

Exactly my point. Most traders are so intensely always looking for an EDGE (myself included). But even with an EDGE, such as fundamentals, some common sense and some market psychology as well as technical, ALONG with the inclusion of probability, ...

Probability, Pyramiding and Money Management

Been thinking a bit more about what Custos said... "Thus you still need an edge, e.g. for a 10 pip take profit and a 100 pip stop loss you need to be able to win above 91% of the time to be profitable, or with a 10 pip take profit and 10 pip stop ...

Probability, Pyramiding and Money Management

Exactly. Couldn't have clarified my thinking out loud better myself. Wonderful reply Custos. Thanks. Yes. One needs an "edge" to make any system profitable, and with dynamic position sizing (fixed fractional position sizing) one accelerates profits ...

Probability, Pyramiding and Money Management

Man, you must be an awesome trader. You can trade better without an EA that someone is in the process of developing. Good job, man! That has got to be the understatement of the year. Not sure how anyone could get much more "caustic". Profane and ...

InsomiaFX Correlation Double Hedge EA

OK, so I've discussed a bit about Probability and Money Management. What about pyramiding? Pyramiding profits is the fastest way to accelerate gains with a system that produces consistent positive expectancy outcomes. What is pyramiding? In simple ...

Probability, Pyramiding and Money Management

Manual traders (I used to be one for many many years) think in terms of best entry, best indicators, risk reward ratio, trendlines, support resistance, winners vs losers, etc, etc, etc,...I think most Manual traders are focused on looking for the ...

Probability, Pyramiding and Money Management

And what is your image of? What are you trying to say here? Actually, my SL TP was off on the long side. If the inclination is long, I should have said 133.20 or 128.80 which will be hit first? Which I see is close to the S/R lines on the chart you ...

Probability, Pyramiding and Money Management

"There is no profit to be made unless the pair with the net exposure goes in the right direction." That's genius. When you develop an EA that does that does that without fail and with 100% certainty, I hope you'd be kind enough to post a thread ...

InsomiaFX Correlation Double Hedge EA

Mr. Gum, Understood you are trying to maximize profit here. However, by manually over-riding the EA you are defeating the purpose of the EA itself. Not everyone can arbitrarily manually intervene and know exactly when to do so. Your intervention may ...

InsomiaFX Correlation Double Hedge EA

Alright. Sunday night. Back to work. Get ready for an interesting week. Back next week if I can.

For EA Addicts Only: Show Us Your Best EA Results