if your system is based on less trades but taking the long trends, why do you need an EA? And scalping is very risky, you can program the best EA but it will never take the long trends, that is
what really makes money, because you can predict the long trends direction, but the small waves on scalping it would take a lot of trades an risk, so who can make money by EA's if the long trends are better on manual mode?
has anyone ever seen a really profitable EA, that makes huge money on a live account? Scalping do really works that way, or works at all?
In long trends you work with less risk to hold trades for long
Via EA you can scalp and can use high risk if ea have short stops and short time trade
Forum on trading, automated trading systems and testing trading strategies
PriceChannel Parabolic system
Sergey Golubev, 2013.02.14 14:41
So, we understand that scalping is very risly trading style. Besides, it is very difficult to make it manually in consistent way for example. What the developers/traders/coders are doing to minimize the risk?
There are 2 kinds of scalping:
Sergey Golubev, 2013.02.15 15:39
Just some practical example about risk - it is my updated statement for this scalping system:
I lost 70 dollars for EURUSD but I won 228 dollars for USDJPY and 83 dollars for CADJPY after that. But anyway - 70 dollars were lost ...
Yes, I was testing (on demo)/trading (on real) using scalping systems and EAs during the long time (graphs for few years) - I do not want to advertise some external resources sorry.
Besides, as far as I see - there are many scalping signals which are the profitable. But the problem with scalping in case of the signals is the following:
The other situation with the scalping is the following: you should subscribe to the signal in right time and unsubscribe in right time. Because scalping system/EA will lose soon or later (will lose some part of deposit, or will have big drawdown, etc). "Soon or later" - it may be tomorrow, or it may be in the next year for example. So, subscribe in right time (signal provider is trading it during the 1-3 months) and unsubscribe in right time (more than 6 months using) may be some unofficial rule which the trader (signal subscriber) will define for himself.
Of course, trading in classical way (1 trade per Metatrader; from 1 to few trades in a week/month) is less risky. But the people want to get more profit in very short time, and it is the scalping, martingale, martingale scalping, pyramiding and so on. And it is very risky styles of trading.But for most of the people - this kind of risk may be illustrated as the following:
:)Of course, #3 way is most preferable because we know when and why the system may lose big money. And it is related to the system itself.So,
yes but they eventually lose all the money, as you said. But the ones who trade long trends, that believe in the trend are very sucessfull, if you are sucessful on scalping, can you show me someone doing great with living account verification? just need a link
Lets say a scalper is a trader looking for only 100 points, just by comission if you leverage 1:1000 1 in 5 trades all your capital is going to your broker in comission, on the long term searching for long trends you look for >500 points at least.
My question is:
1 Trading on consolidation (scalper) is profitable on the long term> 6 months? - if yes- can someone give an example on a living account.
2- why create an EA for something other than a scalping system? And if question 1 is no, then all EA's are doomed to fail?
You can not make a lot money with risk on long trends just you will loose always
Profit and loss are part of trade but facts telling only 10% peoples in success. What 10% peoples doing and they have success?
EA's are to assist you.
In any way of form that you can think of.
Why does it always have to be so black and white?
Do you have any form of imagination? at all??
Please stop using the word "just"
Just for this and just that you are looking black and white when there are a million colors available.