[Whats your record for the most losing trades in a row?]

4 minutes ago, jlz said:

Short story - I automated everything, I do not trade anything manually. Everything is automatically executed using the rest API. 

Long Story - I started without a plan, looking at 5 minutes charts with a trembling hand clicking on every candle. What could go wrong? I failed miserably.

Then I prepared a system, nothing too spectacular. Any system can work if it is properly executed. I started with an idea and moved to what I have now, changing parameters as I went along just to comply with the target that I wanted to achieve. I back-tested everything with local historical csv data and the demo account. Then when my code was reliable I moved to the live account.  If you are able to define entry and exit points as well as limit and trailing stops with a system, if it is profitable on paper the only reason why it fails is because of the human factor, a person cannot execute a system perfectly, so there is always a way for a trader to decrease the performance of a system just because that trader cannot cope with the perfect execution of it. If you are able to automate it then your system will gain in performance and at the end in R/R ratio.
You can take any system you want and start your back-test with one simple premise: Whatever you do, make sure that if it goes wrong you can try again. Any risk management technique will translate that sentence into mathematical jargon with hyper complex algorithms, but for me it is literally that: The ability to try again.
That and an automated execution made it to work.
 

I been thinking the same when you refer to API are you referring to Application Programming Interface also do you need to know a **** load of computing to work them things. Any chance of reccomendation whats good.

I think your so correct when I look at my performance in demo Im **** hot can go 7 to 10 days with no down days but in the heat of trading I end up letting losses run and taking profits early. Based on my calcuation I thought Dow up, Nasdaq down and Brazil index up and so far all worked according to plan though due to what I can only describe as fear I banked 40 pounds today lol. 

[Whats your record for the most losing trades in a row?]

1 hour ago, jlz said:

More than -17K in three days.

 

It took me 2 years to recover it  

what are you doing these days with trades. although early loss pretty bad you can tell your system seems to be good.

[Whats your record for the most losing trades in a row?]

3 minutes ago, Ignored said:

can be more than 10 times in a row for me..almost feels like the market is just looking at what I am doing and going opposite of me.

It also makes me feel like I would do better trading with my eyes closed at times...

Today is too hard to read I closed up 0.76% but I should not have traded at all as so hard to read - Im on sidelines now will get back in later.

 

[Whats your record for the most losing trades in a row?]

my success ratio is about 60% though must confess I get a bit nervous with my account. Funnily on demo account I do fantastic but I only got into this 2 months ago. I have reduced my account to 20% of my original capital and feel more confident. That said I have been investing long term for 20 years and done very well.

[Alerts]

Hi Im a newbie though I seem to have done very well except for a bad day when internet went out losing me 2700 pounds. I also now understand the stop options lol. I realised the alert feature and wanted to know what alerts do people use to spot opportunities and see reversals.