30 Nov, 2008
Posted by: Milton In: Market Neutral
I am regretting putting up my trading performance at the start of the month. No sooner did I publish it than I went into a big drawdown. I tried some trades later in the month though they turned out to be losers as well so I took a break from trading and had a fairly [...]
Years ago when I first got started with trading I did what everyone does which is experiment with lots of indicators, sometimes they give what appear to be good signals, most of the time they’re not really anything to write home about.
I think I may have found a use for them, by using an overbought/oversold [...]
No sooner did I put up my trading performance for the last couple of months than I managed to wipe out last months gains!
My latest thoughts about filters are to only trade when both sides of the trade are at extremes (one is overbought, one is oversold, that way they should come together a bit [...]
25 Oct, 2008
Posted by: Milton In: Directional| Market Neutral
I have a strategy which I’ve been trading/testing for a while now with pretty good results (still needs some fine tuning). I’ve been trading that strategy and only that one (I don’t have a lot of time for trading). I’ve been thinking recently damn I wish I went short on the AUD, GBP and EUR [...]
Just made a nice quick 1% with my trading, generally I need to hold my positions for a little while, though this time I managed to turn my trading apps on at a time when it looked great so I opened my positions and straight away it started working, closed it out when it was [...]
17 Sep, 2008
Posted by: Milton In: Automation| Market Neutral
I’ve been testing (very small amounts of live money) a strategy that seemed to be basically foolproof. Today I realised it isn’t!
It’s a mean reversion based strategy which is mean reverting, though unfortunately there is some creep in it which changes the status of the mean reversion without the position coming good.
I was trading it [...]
It’s actually a strategy that I thought about back when I first started experimenting with FOREX, and lately I’ve been starting to wonder if it’s a good method of profiting from timezone differences. It revolves around the Americans doing a LOT of trading, so if you have a fair idea of where the market is [...]
Forex Howto is a site that I setup some years ago, I neglected it for a couple of years and now it's back online.
It will have my progress as I explore the world of Forex trading and my experiences in trying to profit from it.
If you need to contact me, just leave a message on any of my posts and I'll be sure to read it.
About me: I'm a 31 year old aussie living in Sydney, Australia.
I work as a programmer and hope to someday use my programming skills and growing knowledge of FOREX and markets in general to run live automated trading systems (all going well they'll be profitable).
A couple of pages which might be of interest to new traders: