Currently, I’m spending a lot of time learning how to trade forex…. I’ve coded a lot of EAs, but none of them were totally satisfactory…. So far, the best EAs are still those that trade by following the trend… Turtle trading being one of them… If you are interested, you can download my EAs from the Forex Expert Advisor page.
Please note that I DO NOT trade these EAs with real money, I use them solely for backtesting purposes… As such, please DO NOT trade the EAs that I posted…unless you got too much money to burn and want to lose some…
Anyway, although turtle trading is pretty profitable, I know I’m not able to trade the system because I am psychologically not strong enough to stand long periods of losses… Knowing my weakness is one of my strength in trading….
So, I’m still searching for the “Holy Grail”… Currently, I’m investigating trading with price action…. results are reasonably good… but it’s too early for me to conclude anything… I need to learn a lot more… so, I’m ordering these two books from Amazon….
- Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader (Wiley Trading)
- Trade What You See: How To Profit from Pattern Recognition (Wiley Trading)
Let’s hope this is my “holy grail”… I always believe that to succeed in trading, you have to find a system that suits your personality…. So, you need to be constantly exploring, going through the trial-and-error process until you finally find one that resonates with you….