Now how do you define "win" and "lose"? Do we agree on "closed at a better price than open" to be a winner? If yes, then I do have an empirical proof of your theorem - I traded a whole lot this year, had about 1500 daytrade positions and it seems I ...

Odds of winning are constant: Using market bias AND stop loss

Hello, question is how much time you have. If you have time during the day, you can happily daytrade with 300 bucks. Just make sure you pick a broker that lets you trade small sizes - Oanda lets you trade as low as 1 unit.

Low account size, what timeframe is suitable?

yupps... live trades often go thru a "dealing desk", which means a message pops up on the broker's terminal: "This punter wants to sell ... lots of XXX/YYY. Allow him to do so or send a random requote or simply disconnect his lousy terminal? Select ...

Switching From Demo to Real Account

huh... are you sure? some people trade HLC bars (high, low and close of a given period). Closes are fuken important, H1 and upwards imo. Never seen a buying flurry at [hour:55] just to pull the hourly close high? Then the new hour begins and bang, ...

[POLL] How do you draw S&R and trend lines?

whatts "FO"? Btw moving to London might solve your problem? (ahh, Frankie Open, figured out in the meantime)

Sleeping and Trading

Ever tried the "text" tool in Paint?

EURUSD

Ah, thanks. There was no pinbar on my daily. But that's just the way market makers make markets.

AUD/USD

hm, well it's possible, you can open trades in any directions, just it's kinda rare that you can trade GU and CAD in the same direction. image image -2.3, 10 ... not as tight as a hen's butt, what do you think?

USD/CAD Trading Room

My honest opinion might sound rather stupid, but I just don't find the instrument and the timeframe. Looking at the time of your post and the name of the topic, I guessed it's AUD m5 but am absolutely not sure. So what is it?

AUD/USD

well it absolutely is, an EA has access to any prices and any timeframe and can send orders for any "symbol" that is, currency pair. So if you put a - properly written - EA on the ninja (U/J) chart, it can happily check what's going on other yen ...

scooby-doo BOJ JPY pairs trading robot

Uh-oh. Appearances can be deceiving. Started demo'ing some 2 years ago and went live only about a year ago. Far from being seasoned. My profit objective is a 5-15% monthly on average, which I managed to achieve this year. Not all months were in ...

Draw Down Experiences and Recovery

So, is it pretty much necessary for a successful trader to have experienced significant drawdown, ruined accounts, margin calls, etc....??? No. It's a question of position sizing. My first live trades (after demo trading for a year) were 1 and 5 ...

Draw Down Experiences and Recovery

that's an interesting link!

Please consider coding this EA

That's great. Java should not be a problem for Oanda users I think, as the platform itself runs in java too. Anyways stability of the Access version was improved a lot, it should work with different regional, language settings etc.

Oanda trade statistics

Fixed hopefully all problems related to regional settings. The problem was, depending on Windows regional settings, dates and numbers look very differently. For example the decimal separator can be a . or a , etc etc. Had to add a couple of ...

Oanda trade statistics

interesting stuff, thanks for sharing!

A trading session

While you're "doing nothing" waiting for SL or TP to be hit, why don't you watch the charts. Maybe you would sooner or later be able to exit a trade before SL is hit (take a smaller loss), or exit a trade before TP is hit (take what's on the table ...

how the big guys trade in forex?

Did you run the 6 queries after the import? erhm, did you read the first post?

Oanda trade statistics

First import your saved Oanda history HTML as described in the 1st post. There are no tables in the MDB.

Oanda trade statistics

Hm, thanks for the feedback. Different date formats might have caused the error. I don't understand this Access crash, but you can sum up your profit and loss after ClosedTrades is exported to Excel. With simple formulas I think.

Oanda trade statistics