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Phoenix Training

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Published: 10 March 2022

Current version: 1.1

Phoenix Training

Experts
Dang Cong Duong
Version: 1.1

At first, I got my teeth into Phoenix Ultra Expert Advisor.

This Expert Advisor will support automatic close order if the direction is correct and perform recovery if the direction is wrong.

If you enter an order:

1. The price goes in the right direction and hits the Min Profit Point, trailing stop 20% of the current profit.

2. The price goes in the opposite direction, the Expert Advisor will place the order with the volume is Recovery Volume Percent at the input,

the distance to enter the next order will be Step Point

3. The recovery volume will be 1 1 2 3 5 8... For example: 0.01, 0.01, 0.02, 0.03... All orders has same stop loss of first order.

The recovery algorithm using Dragon Ultra Expert Advisor.

Over Trading Is A Forex Trader’s Biggest Mistake

Over-trading is perhaps the most prevalent trading mistake that Forex traders make. This article will fully explore

over-trading and provide some solid tips to help you overcome this extremely destructive emotional trading problem.

• Are you over-trading?

If you don’t know if you are over-trading you probably are. In fact, most traders who are not making money consistently

in the markets are over-trading, whether they realize it or not. The problem with over-trading is that it can be difficult

for the trader to know if they are doing it or not because it has many different ways of “sneaking” up on you without you realizing it.

For example, if you have committed to learning and mastering the daily charts first, do you still find yourself going and looking at

the lower time frames more than you are looking at the daily charts? This is a very easy way to start over-trading. Traders who have

not yet mastered price action trading on the daily charts are very likely to over-trade if they focus on the lower time frames instead.

This is because lower time frames tend to be riddled with lower-probability trade setups that often tempt traders to take positions

that they would not have otherwise taken had they been focused on the daily charts.

The main problem is that many traders are simply unaware that they are over-trading when they are in the moment. It is very easy to become

fixated on a less-than-perfect trade setup and forget about your trading plan and not be consciously aware of whether or not you are over-trading.

Due to the fact that the emotion-inducing situations that occur in the market can sometimes be hard to detect and sometimes even over-whelming,

we have to combat this enemy by planning out our trading plan and trading strategies while we are away from the market and not in any trades…

• The best way to stop over-trading is before you start…

As we just discussed above; because it can be difficult to realize you are over-trading when you are “in the moment” of trading, it is best to simply

go on the offensive against over-trading by planning your trading strategy and trading pla n in advance.

We can think of trading as a sort of war. The war basically boils down to your logical or objective b rain mechanisms vs. your “fight or flight” or

emotional brain mechanisms. It is extremely difficult to over-ride thousands of years of human-brain evolution…especially “in the moment”.

The best way to win this war is to make a comprehensive f orex trading plan, and stick to it…passionately.

I would bet money on the fact that if you are reading this right now, and you do not have a tangible and practical Forex trading plan, you are

probably over-trading. It is absolu tely essential to create a Forex trading plan and foll ow it if you want to get on and stay on the right trading path.

All traders must do this in the beginning to develop the proper trading habits of logical and objective trading rather than emotional trading.

Trading the markets naturally induces emotion and em otional trading…so if you don’t purposely make a plan to counter this reality, you are almost certain to over-trade.

• You can control yourself, not the market…

Simply put; over-traders are trying to control the market…you need to honestly stop and ask yourself if you think you feel like you are trying

to control the market. Once you realize and fully ACCEPT that you really have NO control over the market, you will begin to think differently

because you will realize you have to master a trading edge…and then you have to only trade when the market shows you your edge.

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Why do most EAs fail? Many Expert Advisors rely on temporary statistical advantages that disappear when the market changes, which happens continuously. The problem of over-optimization Moreover, most developers fall into the trap of fine-tuning their EAs to achieve perfect results in the past, without realizing that this won't translate to future market performance. It is crucial to conduct tests that consider future scenarios. The importance of diversification It is crucial n

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At first, I got my teeth into Dragon Ultra Expert Advisor. This Lesson is “Awesome”. In fact, It’s probably one of my best trading lessons I have ever written. It took me at least 2 days of brain power and probably 20 coffees. Please pay it forward, share it with others. Enjoy. Bruce Lee was arguably the best martial artist of all time, and guess what? He was not born the best martial artist of all time. He earned that title through dedication and focus…he learned to become a MASTER of

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At first, I got my teeth into Dragon Ultra Expert Advisor. Take your time to test demo. You should be always perfectly familiar with your Expert Advisor before a live trading. Based on the statistics, you are more likely to succeed if you learn from experience to use this. Dragon Lite is a free version for you to understand how the bot works. Parameter Trading Mode: Change to UNLIMITED. You should use the Dragon Training proficiently before using the Dragon Ultra . The Forex T

FREE

Tiger Lite recreate the history of entry and exit orders. The goal is that you can grasp their strategy how to play. CSV format support for WEB, MT4 and MT5 platforms. The sequence of steps is described in the photo. Note: Please choose the existing date and symbol on the CSV file. For MT4/5, export historical data and copy the records to excel, save it with the extension CSV. For MT4/MT5/WEB, save the name with format mt4.csv/mt5.csv/web.csv If you get the history from another source and you

FREE

Monkey Lite offers the following array of features: One-click instant order entry (short or long). Track total current orders and total current profit. Instant Close Buy, Close Sell, Close All button. Utility types Risk management, Graphical objects, Panels. Main features Take Profit and Stop Loss by money (not pip). After the price reached the Take Profit threshold, trailing stop 20% of the current profit. After the price reached the Stop Loss threshold, the orders will be closed immediately.

FREE

At first, I got my teeth into Dragon Ultra Expert Advisor. Build a smart grid both with the trend and against the trend. The powerful combination of locking and partial loss closure. The program is constantly being improved and upgraded. You should use the Dragon Training proficiently before buying the product. You can run in real environment with the Dragon Lite , note that the input parameters are hidden. Advantages of the Dragon Ultra Smart recovery system with Fibonacci grid Good resist

89 USD

At first, I got my teeth into Phoenix Ultra Expert Advisor. This Expert Advisor will support automatic close order if the direction is correct and perform recovery if the direction is wrong. If you enter an order: 1. The price goes in the right direction and hits the Min Profit Point , trailing stop 20% of the current profit. 2. The price goes in the opposite direction, the Expert Advisor will place the order with the volume is Recovery Volume Percent at the input, the distance to enter

79 USD

69 USD

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