Forum Replies Created
-
Posts
-
Me too, Petko! If a trader uses small leverage but puts all the money into trades, that is still very risky.
I prefer to use small values for SL and TP. This way trades close faster and I feel that I control more the account. If I need to pause the trading or change some EA, I do not need to wait long time for opened trades to close.
Yes, the course is great, Petko. You explained it all in details.
but I would be happy to see some more courses on FSB Pro. 🙂
Hey Mery,
It was very interesting to read your story. Good you came to the right place. Now you have the control in your hands and all the trading you do will be result from your work.
Hello Donald,
The becktest equals to In Sample + Out of Sample part. If you place only r-squared to the complete backrest, I think this might lead to strategies that will have lower backtest value to the out of sample because it is very small as 10%. However, I understand your point, and I am sure Petko will give better answer.
Hey Petko,
I loved the new course. The two methods are very logical, and I loved how you explained to them.
I spend nearly 6 hours on it, and now the reactor is running with some great EAs as result.
Thank you for all your work!
Hey Petko,
I wish the day was 36 hours too! 🙂
This way we would have time for all, or maybe then we would like it to be 48 🙂
Your updates are awesome! I loved the new course as well!
I took for one month Forex VPS, but then decided to take a laptop. I have a computer, so a laptop + computer is just fine. I run totally 7 Meta Traders without a problem.
It is time for me to share my experience with EA Studio.
I have found the Forex Academy after some struggling in my trading…
First I lost one account trying to trade manually…I used three strategies that I bought, but I did it all wrong – missed many entries, risked a lot from the account, and finally, I got the margin e-mail from the broker.
Second, I found one developer online and I sent him the strategies to make the EAs. He charged me 250USD for each one, so totally I paid 750USD. This took one month and 10 days. I was so happy when those were ready, and I just placed them on a new live account, because I Was sure that profits will be there. The account started to lose, and then I just stopped. I was so frustrated, no Idea what was wrong because I believed in those strategies. Obviously, they were sold to me in a very promising way.
I found a video in YouTUbe how to make backtesting in Meta Trader, and when I did it, I realized the hard truth, these strategies were losing.
I tried to optimize them, but without result.
Anyway, at that moment I realized something very important. That having an EA for one strategy is the only way we can understand if this strategy is profitable or not.
After that, I started to look for education about creating Expert Advisors without IT knowledge, because I am not an IT girl. This is how I found the courses of Petko and the Forex Academy.
I took 3 of his courses here, and they were exactly what I needed.
After that, I took EA Studio and FSB Pro. Now I am focused on EA Studio and hopefully, next month when I have a bit more time, I will work on FSB Pro.
So what is my experience with EA Studio so far:
- I can export the strategies as Expert Advisors, so I do not need to pay developers. Imagine I gave 750 for 3, not profitable strategies.
- I can see the results of the strategies before exporting them, not after creating them(what happened with me)
- I can generate profitable strategies without having any strategy as a base. The generator for me is the coolest thing with EA Studio.
- I can create an unlimited number of strategies, and export them all as EAs
Of course, I learned a lot from the courses because there are many tricks that Petko shares. Yesterday I took his last course with the AUDUSD where he shows how to use the EA Studio to avoid Demo trading. I liked it, and I will try this method for my currencies with small 0.01 lot.
So if someone reads this post before starting manual trading, I think I will save you a lot of time and money 🙂
As a conclusion, the automated trading Software EA Studio is the best choice I have done in trading so far, and it worths the money, because I do not need a developer, and I know which strategies to use.
Hello Jie,
I am glad to hear that you liked the new course.
I have it in my to-do list. The question is that with FSB Pro we can not use the second method, because the Acceptance criteria is not divided.
However, what you learned from the course with the first method, you can use it with FSB Pro.
Cheers,
Hello Mery,
we can not list the names of the Scam brokers for a few reasons:
- they are thousands
- they change the names frequently
- some of them become regulated with the time
- we do not want to promote any broker because placing a name is still a promotion
The topic is useful because you know how they work, so everyone who reads it, will know how to recognize the Scam brokers
Hey Petko,
this topic is very useful, I am sure it helped to many people. Why don’t you list the names of these Scam brokers? It will be easier for everybody.
Unfortunately, most of the traders that come to Forex Academy lost some money. This is how everyone realizes that education is needed.
Sorry to hear that, Ian. It happens to thousands of people daily.
The Scam brokers won’t stop soon, so the only thing we can do is to share our experience with more people.
