José Luis Live Account Experiment

[jlcgarcia]

Hi friends,

here it a snapshot of my accounts at the moment. I have added LadyVenus as a possible candidate for trading live.

Regards

José Luis

Hi friends,

as you know in my signature there are links to accounts in myfxbook. There is also one of my live accounts that I am using for experimentation.

This month I am trading LadyVenus in this live account, and although my experience with LadyVenus begins this month of June, you can take a full look to LadyVenus here:

http://www.myfxbook.com/members/jlcgarc ... nus/953072


The advantage of the Ladys is that some of them can be replaced without problems in my live account.

Regards


José Luis

[jlcgarcia]

Hi friends,

as you know in my signature there are links to accounts in myfxbook. There is also one of my live accounts that I am using for experimentation.

This month I am trading LadyVenus in this live account, and although my experience with LadyVenus begins this month of June, you can take a full look to LadyVenus here:

http://www.myfxbook.com/members/jlcgarc ... nus/953072

The advantage of the Ladys is that some of them can be replaced without problems in my live account.

Regards

José Luis

Hi friends,

the live account in my signature has reached a growth of 30%. I am very happy with the Ladies. But can you guess which Lady is trading my live account ? I hope to earn 100 % before the end of year.

Regards

José Luis

[jlcgarcia]

Hi friends,

as you know I have been a follower of the evolution of the Blessing EA and I have included freely many EAs and sets here and in the J Talon forum (where Blessing was created). As a result some people are very angry with me, and recently I have seen this post dedicated to me in the J Talon forum:

(Today 10:47 AM)Thweis SXFX Wrote: Jose,

I yet again like your new approach however I wonder why you don't just add your new EAs to your Live account and let people follow that instead of putting a fresh demo in your signature? It would be interesting to see of you can recover in your live account. In the end long term results are the only thing that counts in forex!

I like it how your new approach yet again produces large growth figures but the actual growth (equity) is flat. Would be nice if you would be a little more transparent and inform us once one of your EAs hit stop loss, it would save me from having to check your Live account with custom start date every once in a while.

You are working hard and I really like your ideas and one day it will pay off! But please be so kind and tell us if one of your ideas did not work and failed.

It is all about trading progress over time and not about starting fresh all over again and again. This especially true if you share your stuff like you do, just show people what you do and if you experience losses so be it.

http://www.myfxbook.com/members/Thweis/ ... -28/734197


v/r

As I do not have anything to hide here it is my response to him in the J Talon forum:

Hi Martin,

Do not worry my friend. You are not going to see the live account in myfxbook anymore. This live account is the account I use for conducting some tests with new EAs and it has been opened for some years, trying and demoing many EAs. Now I trade live Lady Venus, that it is better that many of the garbage that some people is selling in this marketplace.

Excuse me for not being respectful with you.

I also want to ask to the administrators that they cancell my account here and delete all my posts. This way you can go on your way with your stuff and let the people trick that the situation of the account in your signature is so rare as The Great Depression of 1929 and it will recover some day,

Regards

José Luis

I do not understand why the live account in myfxbook that is purely experimental, as the title of this thread indicates, can be used against me.

Seeing is believing !!!


Regards


José Luis

[AGT]

I never could understand what the hell this roisterer "Thweis" is blabbering ... looking his results it seems he should better hole up !
All hat and no cattle ! The best for him: put a cork in it .... :youknow:

[nonlinear]

Good lord, Jose, I would be frustrated too. One of the reasons I like this forum is Steve's quick trigger keeps the crap out.

[jlcgarcia]

Hi friends,

as you may have guessed I am also experimenting with Fractalated Bob in a tiny live experimental account, but my approach is different here:


-Min account balance 3,000 euros.
-risk percent 0.3% (or 0.01 lot for every 3,000 euros).
-Timeframe 60 minutes.
-All pairs (28) are allowed to trade.
-Max trades 10.
-Not using MPTM, but another EA (FB Manager) that calculates stop losses and take profits individually for each trade.



As you must know this approach is purely experimental (although I am trading it live in a tiny account, 5% profit last friday (NFP)) and must serve only as a brainstorming for ideas.

Regards


José Luis

[jlcgarcia]

Hi friends,

I have chosen three expert advisors from this forum (compatibles between them), I have opened a well funded live account and put them there (as in my signature).

I have replaced all my demos with this live account. The money management of this live account is clear: 0.01 lots for every 1,000 euros on each EA.

What is the proposal? Analyze the global live evolution of this account.

Which is the period of this experiment? Indefinite, because this is a live account that will not be closed unless it is margin called.

Will this live account survive? I think so. What I am assuring you is that I will not intervene manually in any way. Only to replace the EAs with update versions.

Why do I do this experiment? I have faith in the three EAs. I know that from time to time they will take the same positions and will increment the DD, but I think they will recover.

Nothing more for now.

Let's see


José Luis

Hi,

I have reopened my live experimental account starting last Monday. The philosophy is the same as explained in the first post copied above, when this experiment was opened a year ago. That time the results were not good, but during this year things have changed and I think the last developments are extraordinary.

Regards

José Luis

[jlcgarcia]

Hi friends,

I have chosen three expert advisors from this forum (compatibles between them), I have opened a well funded live account and put them there (as in my signature).

I have replaced all my demos with this live account. The money management of this live account is clear: 0.01 lots for every 1,000 euros on each EA.

What is the proposal? Analyze the global live evolution of this account.

Which is the period of this experiment? Indefinite, because this is a live account that will not be closed unless it is margin called.

Will this live account survive? I think so. What I am assuring you is that I will not intervene manually in any way. Only to replace the EAs with update versions.

Why do I do this experiment? I have faith in the three EAs. I know that from time to time they will take the same positions and will increment the DD, but I think they will recover.

Nothing more for now.

Let's see


José Luis

Hi,

I have reopened my live experimental account starting last Monday. The philosophy is the same as explained in the first post copied above, when this experiment was opened a year ago. That time the results were not good, but during this year things have changed and I think the last developments are extraordinary.

Regards

José Luis

Hi,


I want to continue with my experimental live account. But now, instead of using three EAs I am only using one. This EA has been published in the forum and I have only made some minor adjustments.

By the way here are the results till now of the month of February. I have discarded the trading with the following pairs: NZDJPY, EURGBP, NZDUSD and GBPJPY. The values are expressed in euros.

Regards


José Luis

Sin título.gif

[AGT]

Hi,

I want to continue with my experimental live account. But now, instead of using three EAs I am only using one. This EA has been published in the forum and I have only made some minor adjustments.

By the way here are the results till now of the month of February. I have discarded the trading with the following pairs: NZDJPY, EURGBP, NZDUSD and GBPJPY. The values are expressed in euros.

Regards

José Luis

:hi:

So which one is it ? A lot of bots have been released !

[jlcgarcia]

Hi,

I am posting here the evolution of my live account with the same EA during this year. I think it is interesting to take a look for several reasons:

1. Although I began working with this EA from last August (and use it in a tiny account), I did not let it manage a seriously funded account till January this year.

2. The beginnings (as you can see in the graph) were disastrous, and I had to reprogram the code and modify the parameters.

3. As you can see in the graph of growth, several more adjustments were conducted and now it seems running smoothly.

4. The message I want to translate you is clear: first, you must have a great confidence in your EA to let it manage your money. Second, you must be psicologically prepared for the bad movements of the market against your EA. Third, it is possible to earn money in the forex market with an EA, but it is not easy. Fourth, the perfect EA does not exist and you must be prepared to modify the code or the parameters periodically.

Regards


José Luis

Sin título.gif