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The way I interpret this poll, is that the majority of automated traders make money from trading, which is what I expected and also what I hoped (being one of them). Indeed, traders wouldn't be able or wouldn't be willing to invest this amount of capital (over 250 thousands dollars) unless...

Only 2-3% here can make a living trading? If, outside Elite Trader, the people who consistently make money trading are said to be around 10%, how can they be even less than that at ET? Actually I think that in this section of the forum the percentage of people who make money is much...

I see that most of us have similar character traits. Personally, but I think it applies to other people here, I tend to spend more time on the system than it is actually needed, probably twice as much or more. The reason is that in order to trade, I had to cut off all the distractions in my...

No idea about 1000 symbols on excel. I am only trading 9 symbols and it executes about 30 trades a day (not now, it has in the past), within less than a second, all things included (prices update several times per second). It never freezes. My 2 charts updating every minute (with moving...

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Ok, I finished it. It still doesn't do everything I want it to do, but for now it's a great step ahead. What's missing is that when the trade for the ZN is taken a few minutes before the trade for the JPY, despite both systems being as good, that ZN trade will use all the capital available...

Totally. I made a mistake. The systems do whatever they're supposed to do (and so they also go with the trend), but when I do discretionary trading, I am quite incapable of going with the trend and always try to pick tops and bottoms. That is why I lose so often, but in that case I wouldn't have...

Well, no, I never go against the trend, so there was no way I could have been short. You are right - it's bad to ignore the news, but I totally ignore them. There is no way I could follow the many news that are given out every day. That is why I developed an automated system. I can't automate...

Yeah, ok, but 0.5% of my initial capital is just 20 dollars. I could never get anywhere if I didn't take bigger risks. The minimum margin for one of the futures I am trading is about 2000 dollars.

News. Remember how I was at 4000 when I started this thread? Now I am at 6,600. It's coming along as planned. In the meanwhile I made progress on my excel sheet with the money management formulas. Basically now to compute the number of contracts for each system I don't use the available...

You reminded me of my initial interview at the bank where I work now. When I told the manager (who headed the investment division, with as many as 1000 people under him) that I wanted to work with the traders because I was interested in the markets, especially in trading systems, he replied...

I have a fully automated system and I am a full time (even if I am momentarily part-time, until 3.30 PM) employee at a bank, and these are the advantages I see: 1) working has the advantage of keeping me away from trading, because I usually just lose money if I trade discretionary. 2) it...

I am quite ignorant. I have no knowledge of finance or formulas (nor English language in some cases). I don't use any hedging, because, in simple words, besides not understanding much of it, I have always been convinced that it makes me lose money. It seems to me like betting at once on red and...

Pphew... holy cow. Thanks for the info. Great thing then that I only missed the best trade of my life, but that at least I wasn't in the wrong direction. I knew it was about to rise, but not by this much (I have always been a bottom picker, so I never go with the trend, which had been...

Today, I had such a huge regret that I had to step away for a couple of hours not to risk getting mad and trying a revenge trade (that would have made me lose). I made a small profit of 300 euros instead of 4000 because I was a few seconds late in getting rid of the take profit (see attachment...

I am totally ignorant on programming, so maybe I shouldn't even participate in this thread, but since he said he's a newbie, I am just going to give some advice, even though it's probably good advice only for newbies who are not programmers like he is. Without knowing any programming...

Thank you, even though those four pages are full of formulas and I can't get through it. Particularly when I saw that Sigma symbol, it reminded me of school, homework I never did, and I had to close the file immediately. I was permanently traumatized by all subjects they covered when I was at...

Big expensive lesson today. 1) Never trust a system that does great one year, but so so in all other years. Better to have a system that never does great, but does ok in all years, constantly. 2) Better to use two different systems, that do ok, than to use two systems that are correlated...

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Don't answer if you don't use an automated trading system, if you are only paper trading, or if, for any other reasons, you feel that you can't answer correctly.