W.B. Trading Diary

[kesrresn]

ABOUT ME: My name is Warren B., I'm 39 years old and I divide my time between Lausanne, London and New York. It's not easy to fall in love with an American and live in peace. I live on trading and use three different EAs. I'm too lazy to operate manually. I'll be happy to read constructive suggestions or reviews about my operations whenever you want. WHY A DIARIO?: I was thinking about it for several weeks and in the end I threw myself. I start this daily trading in Forex today, September 23, 2008. The idea is to document all my operations with the short-term goal of improving the performance of my EAs. I will also share some curious operations or small accidents. TRADITING: I use three different EAs: 1- Weekly Breakout: I open operations on Tuesdays at 7:00 (GMT+1

[kesrresn]

I post the orders my EA placed this morning: Buy Stop 1.1 EURUSD Price: 1.4840 SL: 1.4796 Sell Stop 1.1 EURUSD Price: 1.4417 SL: 1.4461 The EA will move one of the pending orders as soon as a position is activated.

[kesrresn]

Hello, These are today's operations: EA with Breakeven: Buy 0.50 lots EURUSD Entry: 1.4793 SL: 1.4793 TP: 1.4903 Closing: 1.4793 Result: 0.0 EA without Breakeven: Buy 1.00 lot EURUSD Entry: 1.4793 SL: 1.4763 TP: 1.4903 Closing: 1.4763 Loss: -203.21�

[kesrresn]

EA with Breakeven: Sale 2.00 lots EURUSD Entry: 1.4633 SL: 1.4633 TP: 1.4523 Closing: 1.4633 Result: 0 EA without Breakeven: Sale 1.00 lot EURUSD Entry: 1.4638 SL: 1.4668 TP: 1.4528 Still open.

[kesrresn]

Closed: EA without Breakeven: Sale 1.00 lot EURUSD Entry: 1.4638 SL: 1.4668 TP: 1.4528 Result: -204.53�

[kesrresn]

Hello, this week I placed two pending orders.This morning at 7:00 GMT+1: Buy Stop 1.10 EURUSD Price: 1.4663 SL: 1.4619 Sell Stop 1.10 EURUSD Price: 1.4325 SL: 1.4325 As the sell stop was activated, I cancelled the original buy stop and placed a new one: Buy Stop 1.10 EURUSD Price: 1.4613 SL: 1.4569 As the weekly target was already reached, I closed everything: Sale 1.10 EURUSD Entry: 1.4325 SL: 1.4325 Closing: 1.4072

[kesrresn]

Sometimes it surprises me how the EA reacts in side ranges. Today it seemed like it was going to take off and ended up in break-even. It�s frustrating, but I prefer zero to loss. Although it�s costing me not to intervene manually, I know it�s part of the process. I�m thinking of slightly adjusting the EA�s trailing stop with breakeven, but I don�t want to break the balance you�ve had so far. I�m going to do some offline simulations before playing anything in real. Ideas are accepted.

[kesrresn]

Week without transactions in the EA account with momentum. EURUSD did not give a single clear signal to enter. Nothing happens, not losing is also part of the game. I prefer a blank week to force tickets and end up bleeding capital. Patience is a greatly underestimated virtue in this business.

[kesrresn]

I have read several comments for private saying that using three EAs is too much. Sorry? And who told you that success in forex is based on operating less? Diversifying methods is a form of protection, not weakness. Each EA has its logic, its temporality and its style. The mistake is to put all the eggs in the same strategy, and cry when the market gives you a kick. I prefer to be covered.

[kesrresn]

Today the EA without breakeven almost gets a beautiful gain. He played the TP by spread but the broker did not execute. I will not complain, but fuck. Next time I will consider closing manual when it is 1-2 pips of the TP. I save the courage. Sometimes automating is more psychological than technical.