Articles Archive for December 2008
Forex Expert Advisors »
I recently came across the EA Shark 4.0 and asked around the community for it’s track record. The feedback was pretty positive on performance. It is the product of a company named ForexEasy which seems to be a pretty legitimate company (whose business is the Forex market unlike some of the Clickbank products).
I liked the implications of the back testing results. It has a pretty positive slope on the equity curve which makes it definitely worth evaluating further.
We investigated this EA for performance and it was a little choppy at …
Forex Training »
Learning the Forex trade is about persistence and experience. I’ve lost track of what I have invested in my trading library. I dare say it’s quite a bit. I’ve also invested quite a bit in seminars and courses.
You will gain the most experience with actual trading. It amazing how much you learn when you are losing money. I’ve lost a lost so I must be getting pretty smart by now.
My point is that it’s tough to succeed in almost anything without investing the time and money on your education. Don’t …
Forex Expert Advisors »
There are many Expert Advisors (EA) on the market. Some are junk and some are partial junk. Unfortunately it’s sometimes hard to tell the difference between the good and the bad. My rule is to look closely at the information provided that helps validate the performance.
If they only provide backtesting results then stay away from it. Backtesting results always look good. It’s called “curve fitting”. It’s where you can keep tweaking the parameters to fit the known behavior of the markets to get the best results. There is no promise …
