Tuesday, November 20, 2007

My Expert Advisor Goes Live (3)

My trading fund has finally arrived. The new metatrader account is now ‘live’ and ready for trading. I will be trading with mini lot sizes using a starting fund of just over $1000. The EA will be applied to 5 different markets, and hopefully along with the money management algorithm, it can grow to a bigger account size.

$1000 Trading Experiment
Let's be frank, my EA trading system is not a winning machine, but I think it has a good enough win-rate. Since this is my first EA, I will continue to monitor its performance in real time, but will not consider to override the system decisions. Most importantly, I still have the choice to stop the system from running when I think it is underperforming or not suitable for use. I believe I know its potential and I hope I can make the most of out it. I will sort all the trading results into My Trade History page for progress/performance reviews.

Related Post:
Get to Know My Own Trading System (1)
Adding Money Management Algorithm In My Expert Advisor (2)