My experiences with FX Autotrading a live account

Quote from NoWorries:

I think the problem with constructing a portfolio of trading systems is, that it can create a false sense of security.

It is quite easy to get a nice looking portfolio equity curve from a bunch of bad systems. Because the portfolio curve looks nice, you think you're on to something, while in fact you're trading just a bunch of bad systems. It's still garbage in, garbage out in that case.

My criteria are that any system I trade has to have excellent reward/risk statistics by itself and a sufficient history to make these statistics meaningful (e.g. at least a year). I always ask the question: Would I feel confident trading this system all by itself with my entire trading capital. If the answer is "yes", I'm happy to include it in my portfolio of trading systems.
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Again good argument - the "Would I feel confident trading this system all by itself with my entire trading capital" - rule ... great.
 
Quote from FX245:

That's a good set of rules for fx-auto success !

Thanks for sharing these...
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Hi FX245,

For the amount of very valuable research you put in here, I thought of giving something from me:)

By the way... do you ever sleep?
 
Quote from auslanco:

By the way... do you ever sleep?
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not enough !

by the way .. I'm preparing a very cool new website dedicated to forex auto-trading ... will be announced soon .... that will not improve on my sleep I'm afraid ... :p
 
Quote from FX245:

not enough !

by the way .. I'm preparing a very cool new website dedicated to forex auto-trading ... will be announced soon .... that will not improve on my sleep I'm afraid ... :p
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Thats excellent. I cant think of a better person to do it other than you speacially with your fx-auto experience and knowledge you have gathered so far.

All the best with your project:)
 
Quote from FX245:

... the top 12 therefor is:
- team aphid bird (on fx-auto)
- Sniper FX (on fx-auto)
- ForexEmail (on fx-auto)
- Positive Forex (not on fx-auto)
- Gold Survivor Forex Port (not on fx-auto)
- Bulls-Eye Trade Signals (not on fx-auto)
- VN Forex Club (not on fx-auto)
- EdCheong FX (not on fx-auto)
- Forex Fighter KO (on fx-auto)
- Trend Trader (not on fx-auto)
- LTR FX (not on fx-auto)
- FX Paradise (not on fx-auto)

4 of the C2 top12 on fx-auto. that's 25% ... more room for development ;) [/B]
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Bulls-Eye is called Protradefx on Fx-Auto platform. VNForex is coming to the platform in the next few weeks.

More importantly, you can autotrade any system from collective2 on the Fx-Auto platform, albeit you will need to subscribe and pay for the system.
FX Order routing from collective2 is fully compatible with trading other systems on the Fx-Auto platform.
We have some fine looking systems in the pipe backed with trade histories.
 
Quote from fx-auto:

Bulls-Eye is called Protradefx on Fx-Auto platform. VNForex is coming to the platform in the next few weeks.
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We have some fine looking systems in the pipe backed with trade histories.
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that's great news !

Quote from fx-auto:

More importantly, you can autotrade any system from collective2 on the Fx-Auto platform, albeit you will need to subscribe and pay for the system.
FX Order routing from collective2 is fully compatible with trading other systems on the Fx-Auto platform.
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sounds interesting, could you please elaboratye and explain how that works ?

Thanks for the input !!

FX245.
 
I don't have time to look through it much now (definitely will later though!), but the site looks awesome, FX245. People like you are what make communities, we really appreciate all your efforts and involvement.
 
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