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Petko Aleksandrov
ParticipantJordan, you are absolutely right, but I can say that when trading is not the primary income, one should not spend a lot of money on machines. Just a simple desktop with more RAM and higher cores number would work fine as a beginning.
Now, when the first profits come, those should be invested in more powerful trading machine, Forex VPS or what ever the trader decides.
Normally no one thinks about that because more than 90% of the traders trade manually. They do not need a machine, and nowadays more and more trade from their mobiles, which is ridiculous!
Petko Aleksandrov
ParticipantJordan, you are absolutely right, but I can say that when trading is not the primary income, one should not spend a lot of money on machines. Just a simple desktop with more RAM and higher cores number would work fine as a beginning.
Now, when the first profits come, those should be invested in more powerful trading machine, Forex VPS or what ever the trader decides.
Normally no one thinks about that because more than 90% of the traders trade manually. They do not need a machine, and nowadays more and more trade from their mobiles, which is ridiculous!
Petko Aleksandrov
ParticipantBack to the topic here, opened by Jacpin
One of the biggest brokers nowadays( I will not mention the name) demonstrated to me the other day their algorithmic trading app they have. They worked on it over 2 years now, and the first step they placed is the leverage 🙂 Now they will need to restart it all and remove the leverage..
Petko Aleksandrov
ParticipantGuys, make sure to calculate the hours for this system according to your broker time zone.
Sometimes the brokers are having different timezone on the platform from your local time zone. Not all of them synchronize it.
And when you export the Historical data from your broker, you export it according to the hours you see on the platform.
Petko Aleksandrov
ParticipantDomech, one more thing from me:
you say that you run the optimizer for 12 hours in EA Studio? Did you mean the generator or the reactor?
Anyway even you have the slowest computer, the optimizer is quick and it can not take you so long time ?
Petko Aleksandrov
ParticipantHi Domech,
I think you need to re-optimize more often like every 1-2 months.
Yes big banks always interfere the market, but I think it is on all currencies(of course the most in USD).
Now the leverage give you the chance to trade with small capital…basically you borrow money from the broker. BUT be careful because you can lose it all easily 🙂
Petko Aleksandrov
ParticipantI will give it a try with this system, just went over the course today!
Petko Aleksandrov
ParticipantYes, Petko! You are very right here!
I used to read a lot of Forums before I cam here, and all were very negative regarding trading. I think most of the people lose money. You said in some of your courses that those are 95% of the traders, which means that 95% of the traders are writing negative things in the Forums 🙂
Your education is excellent. I wish I can spend more time on it, but I will do my best in 2019!
Petko Aleksandrov
ParticipantHey Roman,
do not hesitate to improve your trading machine. I learned with the time in trading that the tools we use as – machines, softwares, courses and all are very important.
You will be able to generate faster EAs, to test more EAs and to build your trading faster. I am sure that your investment will pay back.
Petko Aleksandrov
ParticipantI have 6 EAs on this system. Two on each trading session.
I got the idea from the course Petko mentioned above, I just changed the currency pairs.
Petko Aleksandrov
ParticipantHello Dommech,
if you want to reach better diversification, you better go to other sectors as commodities, stocks, indexes. This way you will achieve great portfolio.
I have been working on such for the last one year, but I want to complete it before I share it here in the Forum.
I would now imagine doing that without EA Studio. Impossible!
Petko Aleksandrov
ParticipantHello Dommech,
thank you for the kind words.
The spreads from your broker look just fine I think. It is all right to place any link, only we do not allow broker’s links (affiliate links).
Keep in mind that Portfolio Expert Advisors with EA Studio are allowed only with Meta Trader 4. If you are thinking about placing different EAs on different chart windows than you can go for MT5. Anyway the Portfolio trading with one Expert Advisors is only for MT4. This is not restriction in EA Studio, but in MT5. Simply, the broker do not provide hedging in MT5.
Your strategy equity line looks very good!
Cheers
Petko Aleksandrov
ParticipantKeep in mind that if you change the trading hours in EA Studio they will effect all future EAs that you create.
So if you decide to use this system, after you are done with generating the EAs, you need to bring back the normal trading hours.
Kind regards,
Petko Aleksandrov
ParticipantHello Andi,
Yes, you are right, it is very expensive for the broker to have FCA or any other huge regulation. This brings the trust into it, and more clients obviously.
One of the things that regulated broker can do is to slow down the execution of the trades with couple of seconds maximum. How ever that is a problem for the scalping trader, or for the EA trading on M1 chart.
That is one of the reasons I choose M15 and higher time frames. Yes I use M5 and M1 but with higher time frame filters, so even having a small delay wont effect the trading.
Petko Aleksandrov
ParticipantYes, screenshots are very important for me, because when anyone has a question or any issue it is much easier for me to assist if I see a picture/screenshot.
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