Please humor me - auto trading forex techniques with 100% monthly consistency | Currency Futures


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Please humor me - auto trading forex techniques with 100% monthly consistency

  #3 (permalink)

Melbourne
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Forex
 
Posts: 104 since Apr 2012
Thanks: 78 given, 46 received


I certainly haven't created such a system - that much I can tell you. I have been developing automated fx systems for 12 months now and have made all the usual mistakes that I'm sure nearly everybody makes along the way (e.g. not understanding the differences between backtesting and trading live, dangers of curve fitting etc). I'm only now beginning to experience some success trading my strategies live.

May I ask are you trading any of the automatic systems you have created live? Or are you still at the backtest stage? I wonder because, if you're still at the backtest stage, my advice would be to start trading them on sim or live with low stakes and see if your forward tested results match your backtest results. It's just SO easy to create a strategy that backtests well but just falls apart live.

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