$$ trading update

nfp was a complete disaster for us. we went in heavy and got smacked like a farang trying his hand at muay thai. and it's not over, the fall out will continue till wednesday at least.



so before i cry myself to sleep in my beer, what happens in between nfp's?



clearly nfp is having a huge negative impact on the system. half the profit disappeared in two nfp's. the question is - what's my goal? is it to trade fully automated or is it to make money?
if i leave it to run on it's own it'll probably putter along quite nicely, doing about 15% or so a month, if i intervene once a month i think it can do 30%.
i mean, how much of an inconvenience is it really to switch of a computer once a month for 10 minutes?

trading update

yeah, getting real good results despite thin markets, new code made a huge difference.



monthly gain looking good, but have about 5% unrealized. 21% in 19 days. yikes!!

gbpcad

this pair is turning out to be very profitable +530 here and still going.

usdchf

resistance waiting to be tested again.

eurjpy

eurusd, usdjpy

these two charts from yesterday and not much has changed, still just waiting with an open loss of 2% at this time.

eurusd


usdjpy

gbpnzd

also well up. can't complain.

gbpcad

new position...

frustration

i must say i find the forex world really frustrating.

the first problem is of course that brokers make money when you lose. if you don't lose they have back office functions which will make you lose. like changing the volatility of your feed, iow's they put spikes in your feed. they can flag your account - and i quote here from someone with back end experience - "make life difficult" for you.

of course the industry could have been set up to make people succeed, but the kind of mind that exists purely to profit at any cost wouldn't even consider that. its vulgar to say the least.

i have the software to out trade them. took me years to develop. i feel sorry for any house that tries to shake out my trades. they're going to be working real hard to try and throw a system that trades 30 pairs and calculate signals over with 24 hours worth of data. little volatility not going to shake my tree.

what i do find most frustrating is people just don't believe i can do this. whenever i tell people what i do, they either think its illegal, impossible or if i bring up the business side unsellable. i can literally make multi-millionaires, but most people i tell what i do and what my results are give me a string of reasons why what i'm doing everyday is impossible. that despite the fact that i been fighting this thing for five years. almost everyone i know is an expert in forex and investing and know exactly why this can't be done, including the guest house owner i'm staying in, well as soon as i explained to her what forex is. i suddenly understand very clearly why some people become wealthy while others don't.

so stuff it. i'm not begging anyone to get rich, i don't need extra funds. i make money trading forex with a black box and i don't care if you don't believe me. stay poor, find a few more excuses if you need to.

i'll be in the jungle for a while. good luck with that "working for a living, bond slave" thing.