I have demonstrated in this test in a video that 2 out of 4 positions were profitable. One broker even with another of tiny loss of 0.06% which is very minimal. Remember that the commission of Binance is 0.1%.
That is pretty good I would think but I am trying to get a 66% win lost ratio. This test has been successful but this time period was of the asset of class of crypto currency is up. Also, this test ran for over 14 hours.
I will also be working on ways to enhance the profitability potential this system of Python scripts.
And now a message from Dukascopy regarding an incorrection of a forex trading broker losing due to the Swiss National Bank forex fiasco
Hello, There is a mistake in the news item hosted at https://quantlabs.net/blog/2015/01/this-is-the-trading-forex-broker-carnage-from-this-swiss-national-bank-chf-event/, stating Dukascopy lost $40 million. It was corrected in the original article, see http://www.fxstreet.com/news/forex-news/article.aspx?storyid=6ea97fd7-1a48-4a91-8ae0-43b33c2ef4bd Please correct this issue.
The amazing thing is these forex brokers seem extra sensitive on ‘misinformation’ for what their customers or new customers. Dukascopy seem to be a decent broker but this shows how paranoid they are due to their crappy risk management that was exposed vs a solid brokers like Oanda. You choose? And why would they care about a little blog like mine?
Therefore, initial erroneous FXStreet statement shall be ignored and not duplicated. Any dissemination of such wrong information may lead to legal actions. We refer in particular to following websites:…
Instead of calling your lawyers, why don’t you focus on improving your risk mangement and putting your customers at risk of losing their portfolios or trading accounts?
They also posted this after what Oanda posted;
DUKASCOPY: NO TRADE CANCELLATIONS, NO NEGATIVE BALANCES
Genius, I think I will stay away from them as Oanda seems to be the only forex broker out there to be trusted. Sorry. FXStreet.com must be dependent on their ad dollars from Dukascopy but we don’t!
Frustrated with losing at trading? Eliminate your broker for DMA, the secret of quant and math to secrets of constant profit
We get this topic all the time:
Frustrated with losing at trading? Eliminate your broker to go DMA, the secret of quant and math to secrets of constant profit – See more at: https://quantlabs.net/blog/2014/06/frustrated-with-losing-at-trading-eliminate-your-broker-to-go-dma-the-secret-of-quant-and-math-to-secrets-of-constant-profit/#sthash.K8DWuFdX.wmEyFJYZ.dpuf
I even got a response from a user:
I am frustrated because I have the feeling I can’t find the truth about what’s happening to the market.
So check the link to see my response. He responded with:
> > Technical guys are going to be the masters of the finance, and sooner > or later, “blabla” guys will disappear. > My passion for finance is just too recent. So I just need much more > time to be sure that I want to spend money to train myself with your > website, and also to earn the money. > > I am patient, and your free videos are enough usefull at the moment. – See more at: https://quantlabs.net/blog/2014/06/frustrated-with-losing-at-trading-eliminate-your-broker-to-go-dma-the-secret-of-quant-and-math-to-secrets-of-constant-profit/#sthash.K8DWuFdX.wmEyFJYZ.dpuf
So I must be useful for something. Others join this: