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tisdag 20 oktober 2009

Still here....

...but still out of time. Get back soon when i have something to share. Need time, badly.

lördag 3 oktober 2009

No time to trade....

Seems like im in a bad streak now. No time for trading at all recently. Work and family/ friends activities needs to be taken care of, naturally. Then, when i finally have some time, as right now, the market is closed. Anyway, more updates will follow as soon as i have something relevant to tell.

In the meantime, Robominer keeps my accounts growing, even if i dont have time to do it myself rightnow. Highly recommended.

Brgds/ Pilotlife

onsdag 30 september 2009

Advanced Droid Tactics updated again

ADT for the Megadroid has been updated again. Make sure you use couponcode "5dollarsoff" for discount.

In this update:
  1. Bad Timing
  2. MDv1.21 Settings & Results
  3. Forum Moved
  4. Forex Bling Update / May Sell Out

/Pilotlife

fredag 25 september 2009

Cashbackforex.com monthly payout

Another payment straight into my paypal account from Cashbackforex.com.
This time 104.79USD found its way back to me as rebates from my last month trades. Click the link to sign up if you havent done it yet. Free money. Easy.

/Pilotlife

onsdag 23 september 2009

Advanced Droid Tactics updated

Benjamin Cook has once again updated his ADT for the Forex Megadroid.
Use coupon code "5dollarsoff" for discount.
In this update:
  1. FOMC / Consider Shut Down
  2. MegaDroid v1.2
  3. New Profile Reset v3
  4. Forum is Back
  5. Bonus Tools Available
Brgds/Pilotlife

Manual Demo Account added

Until i get my new live account up and running, i added a new mt4live from my Alpari UK Demo account. I trade it using Sniper 1H, ProFx V2 30M and OAN 5M. Pics below of my setup.



lördag 19 september 2009

Specify/ present live trading results...

Got a hint from a reader that i should post some actual trading results on my blog, instead of just having a lot of pros/cons and affiliate links. Fair enough, explanation follows :

This blog was started with the intention of comparing Megadroid and FAP Turbo, hence the blog adress. I was brand new, uber forex rookie when i started doing this, and looking in the backmirror, i shouldnt have done that. I just started some robots and presented some percentages during a short two-three week period, which was way too short to actually be able to tell anything whatsoever about any longterm performance about these robots.

Anyway, i continued my forexjourney by doing a lot of reading, videocourses, blogs, forums and tutorials, and i quickly realized what a complex world this was and how little i knew about it. This is when i started to "write off" myself on this blog. I figured there must be more rookies out there looking for information, and to be honest i was hoping for more interaction on this blog. I wanna learn from you, and hopefully i can point you in some good direction when you look for info. So, is my info credible? Is Copy/pasted/curvefitted/datefitted backtests and live results credible?

I have, since the blog started, to this date, spent almost all my free time learning about forex trading. I have lost money, and i have made gains. I have been frustrated and euphoric. I almost gave up at some point, but decided that "how hard can it be??" and continued. Yes, i have links on my page. Most links on the internet are some kind of affiliate connected, some hidden, some open (like mine) - you see that it is an aff link when you hover the mouse over it. I dont see any problem with this.

So where are my live trading results then?? Well, to be honest i havent kept any exact logbook on every single system. I have tried many many more systems than im showing on the blog, and i can promise that only the best ones are used by myself - i dont wanna lose my money!
The manual trades i have done so far is kinda impossible to backtrack since there is no magic number as there is with robots. But from now on, i will start to write a personal trading journal, something that i should have done long time ago. I will publish the results on the blog, raw as they come out of the MT4 history, with screenshots if possible. Bear in mind tho, that i am still doing a lot of experimentation with different systems, and i only demo for minimum time since i believe that once i understand a system, u should go live with it. I am not a big fan of forever demo approaches, for good and for worse....

Also, we are all only humans, which i proved to myself the other day, when a misplaced decimalkomma caused me to lose almost one-third of my live capital! It was an expensive learning experience, to say the least....

Anyway, money comes, and money goes. This is the nature of this business. I am not in anyway sleepless over this, but it only proves that mistakes and misjudgement happens to all of us, and the only way to go is just to go out there again!

Finally, Robominer still saves my day. I immediately started a new session after my decimalkomma debacle, and i expect Robominer to catch this up in time. It produced safe and small gains all the time before, and it will do it again. ProFX still runs solid on my account, no change. SniperForex has surprised me during the demo period, and i am confident it will continue to perform when i go live with it. Also, OAN/Mahmoud Amer system is the most exciting newbie right now. I will give this one a lot of work to find out whats it all about.
S26 and MACD-X is still playing hide and seek with me. Im doing everything by the book, but still they only seem to produce occasional profits. I see on other forums that people are making good money with these two (if they present credible results!), and would highly appreciate if someone could help me out here.

To really minimize my social life, i am also experimenting with creating a personal manual system by combining indicators from all over the world. How this will turnout, nobody knows...
My goal has been, and will always be to find a good solid system that works for me and my working hours. All systems are not for everyone. Trading styles, working hours and other personal preferences plays a big role here.

Happy trading to all of you!!

Brgds/Pilotlife