Another positive month for this b-book trading concept.

Although the results is promising however based the last 3-month's observation, the system is still having some "weaknesses" need to fine tune.

1) The DD is high
By using a small account of 1.5k to trade against many demo accounts can easily experience big DD.
Losing EAs also occasionally have winning days; during this period of time, this b-book account is going to have high DD.

2) The total number of trades is crazy high.
For the last 3 months of trading, I have been seeing the total open positions was more than 130 positions at one time.

3) The equity swing is VERY wild.
By using this concept, we are more often to see floating gain rather than floating loss because these commercial EAs will have floating losses most of the time when running; and when we reverse their trades, we will see floating gain.
But there was time, they were able to fight back the floating loss, so I have experienced many times the floating gain just disappeared quickly.
This kind of 见財化水 situations have happened at least 4 times.

Psychological wise this is not easy to deal with.

Yes that's the drawback .

we can't getaway from learning BBMA trading or price action .still we should have perseverance and grit to achieve this .

your ea using bbma?

v1 coded per my post few wks ago made 8% in 8 hrs... very wild... tweak it a bit and overnight lost back 4%... lol... abandon

v2 i try new trend start method... 100% losers...

v3 i thought 15m tf too long... went to 5m and tweak buying early... 80% losers... ok got progress

v4 abandon trending... try bollinger band... 80% winners, but no profit as 20% losers > 80% winners... lol...

v5 fixed a bug in v4... i thot good liao... turns out the bug is causing the 80% winners... hahaha
... v18 and going... learned so much about the bot man... so exhausted... but feel am at the cusp of success... hopefully next month can go for live testing... probably need 2 bots... one for pumping/trending, one for ranging/counter-trend... so to manage the cutloss/dca properly...

bot does about 150 trades a day with 20 open positions max... average trade duration 2 hrs... i feel for bot trading, scalping maybe be better than position play... maybe will set up a position trading for comparison...

 

In my opinion, these few months is the best time to do forward testing because market movement is so wild.
If we are able to sail through during this tough period, then we have high chance to continue to survive in future.

一起加油!!

Not really . still using martingale method for EA part.

for BBMA , this still manually being used.

i try to avoid dca... but i do find some minor dca up and down helps max out profit... but dca also means taking up a slot and long waiting... without dca it could buy something else and profit faster...

anyways how u doing with bbma?

sometimes profit ..sometimes not ..

every time i loss , i have to go back to BBMA notes and videos to see what i was missing . haha .

Hi all Sifus here, i would like to know which bank can still support forex withdrawal and deposit from broker like XM GLobal? last time I use Maybank and BSN and works fine, but now i heard there is regulations and they local banks are rejecting these forex transaction already. Is there any bank out there still available for this forex transaction? Maybe oversea bank like Citi bank something. Thanks in advance

how to earn money from forex nowadays

Which broker offers PAMM with leverage 1:500?

Vantage and Lirunex do offer 500x leverage for their PAMM.

Too bad my unifi line blocked Vantage.