How is your automatic trading working? Profitable?
Fully Automated Stocks Trading
- Thread starter ValeryN
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Perhaps you can start "Fully Automated Forex Trading" journal and share your experience.
No, I am still not fully using automatic forex trading, I am using expert advisors for EURUSD trading pair, but I am manual trading on another trading pair mostly on Gold.
If more automation is your goal - I wrote about mine in this journal. There are quite a few pages and info is kinda scattered but it is here. I'm running full automation and left things alone for weeks at the time without supervision. Once in a while I'd revise strategies and might make some adjustments, typically once a quarter or so, but do not interfere with individual executions.
Another resource to check on automation is Rob Carver's (@globalarbtrader) journal. He shares about his full futures trading automation here. He authored several books on the subject and there are quite a few people on this forum who are trading using his method, which he openly shares.
Neither of us are using expert advisers and created our own software to automate full process from scratch.
My reason was - I did not find 3rd party software to be sufficiently reliable or feature complete for the level of automation I strived for.
Nice journey, I wish you will get lucky and find what you looking for, maybe what I can catch here is concept automation trades on stocks and forex is far different, I am curious about how the software work for trading purposes, is it attached on one stock or software will look the possible best stock to trade like as scanner?
Pretty perfect year. They don't get much better than this for what I do while keeping the risk reasonably low.
Grey is combined live performance since Jan 2020, coloured lines are individual strategies. I think PL% is a bit too high due to method of reconstructing equity from individual trades I'm using, but it does represents the shape and ballpark %
Long and short systems made nearly identical PL contribution and each beat the index.
PS. If you're new to this journal or/and investing and wondering why I am making such puny returns while everyone else on youtube / tiktok / reddit seems to be making a killing, here is a great quote by one ET old-timer:
Merry Christmas and New Year everyone!
I wish you positive expectancy and attitude.
Val
Grey is combined live performance since Jan 2020, coloured lines are individual strategies. I think PL% is a bit too high due to method of reconstructing equity from individual trades I'm using, but it does represents the shape and ballpark %
Long and short systems made nearly identical PL contribution and each beat the index.
PS. If you're new to this journal or/and investing and wondering why I am making such puny returns while everyone else on youtube / tiktok / reddit seems to be making a killing, here is a great quote by one ET old-timer:
Merry Christmas and New Year everyone!
I wish you positive expectancy and attitude.
Val
Hello Val
It was a nice day in the Aussie market. Main index down 2.27% on the day, 2.88% for the week.
Now for the fun bit: For Friday's Australian session:
KH
It was a nice day in the Aussie market. Main index down 2.27% on the day, 2.88% for the week.
Now for the fun bit: For Friday's Australian session:
- Equity systems down 1.69%, roughly 3.5 standard deviations below the mean. On the positive side, there is over 50% cash in this account. Lucky.
- Equity investments down 1.18%, and the account is still within its maximum drawdown, so not too bad at all. Roughly 25% cash here.
- Futures system: Currently down 0.7% in the US overnight session, but it is still too early to tell what Friday US time will bring.
KH
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