Did you purchase the Triad Trading Formula? If you did we’d love to hear how it is working.
I realize Triad has probably not even shipped but once you have it in hand let us know and keep us posted. Shoot, if you’ll report on it regularly we can probably get you set up as a contributor.
Thanks for your time,
The Forex Noob
Late yesterday i realized I did not post my morning update. I just got busy with work and since forex is a side thing for me my main business comes first. There were trades with both FAPTurbo and MegaDroid, small, the usual. Even Mig FX followed it’s trend with no trades. I deleted the account. I don’t have time to mess with something that is not doing it’s job.
The one thing that stuck out was a $100+ loss with FAPTurbo that killed all profits. With goth robots my experience is two steps forward and one back, one step forward and three back. At the end of the week you are back where you began.
If you are having success with either FAPTurbo or Forex MegaDroid PLEASE let us know. We’d love to know what broker you are using, what settings you are using and what your results are.
Because I am learning and because I have an attention span the length of a blade of grass I search for other EA’s, systems and such. Wednesday I ran across one that I used last night. I have it loaded on my FxPro demo account but used the signals it gave to make trades on my live account. Something I learned is that FxPro quoted 5 digits while my live account only has four. I can often see a move on FxPro before it moves on my live account (is that a valid tactic?)
In a few hours of playing with the system I lost only one trade, of course it was on my live account. Ihad to leave the computer for a half hour or so and set my SL as tight as possible. I came back to find the SL had triggered but the pair went into positive money. Had I left the normal SL I would have had about 15 pip profit.
Here’s what the trades look like. First the FxPro demo account.
Next my live account.
**Reminder, placing the actual charts in this blog makes IE go nuts so I cut and past the results as an image. I do not alter any fugures. The live numbers above came from two statements, they were over two day periods.
Now back to the show.
The -$16.65 was when I left and had set the SL closer. I was more conservative because IT WAS REAL MONEY, mine, and I was unsure of the system. The other trades I set conservative TP and ran with a few bucks.
The first statement was a demo acocunt so I entered the trade and set SL & TP and let it run I even went to bed when many were still open. THis morning I was happy to see them all profitable.
Thus far the system seem to work well. It’s for scalping, period. The developer lives on taking 5-10 pips per trade.
The drawback for me is that it’s an indicator system. You wait for the go signa nd buy or sell based on that it tells you. That gets tiring.
The good news is that it is dumbed down so much that all you have to do is follow the signals. And the sigmals are as weasy as OK To Go Short, and OK to Go Long. It also can be used on any pair!
More good news is that it seems to work very well and it’s free.
If you have experiance with any forex EA’s, systems or indicators, good or bad please share them. We have a growing readership of experianced and new traders and with your help we can all become more profitable.
Thanks for your time,
The Forex Noob
