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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

torsdag 17 september 2009

New systems....

Been trying out SniperForex and OAN FX System. Sniper is well known by now to be a solid indicator, most fx forums have tons of happy users and i can only agree. Easy to follow, simple rules and high success rate gets this indicator into my "hall of fame". I will go live with this in a near future.

Stumbled upon OAN the other day. It's a 5M scalper system that seem to generate a lot of good trades. Will demo for a few weeks before making any conclusion, but so far so good! Pic below.
Google for it and you will find a lot of useful information. (I don't want to put up a link because there seem to be "free" versions around internet, and also a paid version on the creators homepage.)



Happy trading!
/Pilotlife

lördag 12 september 2009

New week....

...after some time with heavy workload and a lot of time away from home, i am now ready to give this coming week my full "forex-attention"!
Focus will be, as always, on ProFx and FDM.

* S26 and MACD-X will be put back online again. MACD-X ended in red numbers while i was away, guess i would have needed to optimize more often. New updates plus some more info on how to optimize better should help.
* Lotsize reduced on Robominer, some trades stayed open for weeks, causing the margin to decrease drastically. Accounts topped up to remain in my comfortzone.

Happy trading!

/Pilotlife

fredag 11 september 2009

Forex Bling Package

Been reading up on this package. Its a collection of robots designed to be able to trade in any market condition. Sounds exciting, but the system is too new to tell yet. Have a look for yourself at Forexbling.com.

Brgds/Pilotlife

onsdag 9 september 2009

VPS...??

Anyone knows of a reliable and somewhat cheap VPS?? I´m kinda tired of not being able to follow up on my trading while being away from home. I had 3dgwebhosting.com before, but after a one week downperiod i decided to cancel contract. Still waiting for my refund tho...

Happy Trading!
/Pilotlife

måndag 7 september 2009

Advanced Droid Tactics updated!

Benjamin Cook has updated his ADT for the forex Megadroid.
Some of the changes below.

In this update:
1. New ADT v5.0
2. August Performance
3. ForexVPS
4. Forex Bling Bonus
▪ MegaDroid Default - Loss (-7.2%)
▪ ADT Overlap Setup - Profit +16.2%
▪ ADT Unified Setup – Profit +16.9%
▪ ADT Hybrid Setup – Profit +7.4%

Brgds/pilotlife

lördag 5 september 2009

Labor day tomorrow...

....which means a slow market. Time for some relaxation or consolidating thoughts maybe ;-)
Hope that mt4stats will be back online soon. It´s really annoying being away from home and not being able to follow up on your trading (im not using a vps for the moment...)

Hope you all had a great weekend!

Brgds/Pilotlife

onsdag 2 september 2009

ProFX Promotion!

If you ever wanted to try ProFX, now is a good time to do that! Right now there is a promotion for the next 7 days where you will get 30% discount and also a 14day moneyback guarantee!

Brgds/Pilotlife

Robominer stats and more...

Morning all!

Robominer stats since 07-31
+1121USD

(as expected, pace is slowing down since start of account due to many open trades. I use the technique suggested by the manufacturer to change magic numbers to get more trades, but now i wanted to catch up and reduce my number of open trades.)

* ProFX still performs, i haven't seen any drastic changes with the new update.
* S26 performed badly last week. I am running optimization as instructed, but it seems to lose constantly. Can anyone provide me with a good strategy?
* MACD-X performs really good tho! Did some tweaking to begin with, but now it seems to have stabilized nicely.
* Forex Day Monster gives a lot of signals, just remember to do the manual checks before entering a trade.
* For you Megadroid users out there - pls remember to try the "Advanced Droid Tactics" by Benjamin Cook. He shows some really good results using his strategy. If you use my link you will get 5 dollars discount by using the code "5dollarsoff".

Brgds/Pilotlife