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Old 01-05-2006, 11:56   #1
desperate
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Unhappy Automated Systems -any hope? :(((

Hi,
I've been trading FX for about 1 year now. Both live and demo. I've read hundreds of books, dozens of forum, I've tried plenty of strategies - breakouts, crosses, oscilators, intermarket indicators, volatility based, trend following and counter trend, everything and - nothing works....
I mean there are a lot of strategies you can use when you trade manualy and you can really take a pip or two out of them but the problem is I cannot afford manual trading - I simply have no time. I have problems in my relationship because I spend all my free time for developing another worthless systems. And if the systems were making huge loses I would be so happy - I could just reverse signals, but no - they will produce very small gain or small loss, so inverting signals leads just to a greater loss (because of spread).
I really invested a lot of time and efford in it and I would love to know that this investment is working for me, not against.
I just want to run a automated system on my pc, put it in some corner of my house and have my life back.
So please, tell me - are there any automated systems that can produce a steady gain? That maybe not guarantee you 1000% a year but this small, yat attractive 2-5% monthly?
Just tell me I haven't wasted a year of my life and show me what mistake do I make :/

desperate
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Old 01-05-2006, 12:10   #2
Forex618
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Re: Automated Systems -any hope? :(((

Take a look at www.fx-auto.com
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Old 01-05-2006, 13:30   #3
desperate
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Re: Automated Systems -any hope? :(((

Hi Forex618.
Thanks for reply, but that's not what I am looking for. If I was going to give my mone to someone, who does whatever he/she wants to do with them, I would put my money in some king of fund (which I am doing as well anyway).

What I am asking is - does anyone know any 100% Automated System, which is generaly aviable to a public - in a book, forum etc (I am not asking again about any black boxes nor do I want you to give away profitable strategies you were working on hard and you don't want to reveal it to anyone) and about which you can say - "yes, this system makes money. If you make an EA based on that strategy, you will earn money using that system."
Can you? Because I am really loosing faith...
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Old 01-05-2006, 16:58   #4
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Re: Automated Systems -any hope? :(((

Desperate, you need to start doing swing trading if you dont have time to be trading all the time. Have a look at tradecurrency.ca.
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Old 01-05-2006, 18:09   #5
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Re: Automated Systems -any hope? :(((

Yardie, that's kind of you, but again - it is something what I have to buy in order to test it. And what I am looking for is system that can be tested and that proves to be profitable. Because so far every single mechanical system I have tested produced loss in the longer run or generated profit was rather accidental (equity looks like a whipsaw).
So my point is - is it just me, or there really are no profitable mechanical systems?
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Old 01-05-2006, 18:53   #6
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Re: Automated Systems -any hope? :(((

Well it si profitable over time I am sure you are not going to be getting it for free. So you are in a catch 22 situation.
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Old 01-05-2006, 20:28   #7
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Re: Automated Systems -any hope? :(((

Man
what if some one came to u selling an electronic chip that can drive ur car for u, he tells u u just have to install it then It will drive u home!!!
will u believe him????
Im sure u will not....
my Advise to u is start reading about trading psychology
get Trading in the zone by mark douglas
it will help u alot
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Old 02-05-2006, 02:28   #8
desperate
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Re: Automated Systems -any hope? :(((

Thanks mosad2, I apreciate someone gets my point of view. Trading psychology - believe me I've read all about it. I've read Douglas as well. The thing is - when I trade manually it's not that bad - I am making few pips here and there. Nothing huge but my gain/loss is not bad at all. The problem is - I can't do it. I can't trade manualy. And I really wonder if any mechanical systems work - because I've tested (and I know what I mean when I say it) about hundred of them on few years data (not on mt4 - I check them in excel) and none of them, I repeat - none of them is a system I could run on my pc and let it play with my money.
And I shall repeat do you know any system, tested on at least 4-5 year data which you can say is profitable? And I am not asking about signal providers. I'm asking about a real system I can test on real data. Does any sytem like this exist?
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