e-Trader versus Barack Obama debate

Trader Parody

Enjoy one of the others Best Trader "guru" say

Enjoy one of the others Best Trader "guru" say:http://club.ino.com/trading/2009/05/we-interview-larry-williams/

Three main function to control Trading Automatic

Good day to all of Us,
Still fresh in mymemory at the first time when I start to recognize Automatic Trading Programming.
My Mentor say :" Don't worry ,it will be EASY,we just need THREE MAIN fUNCTION, as below
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
//-- "FIRST FUNCTION"
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//-- " SECOND FUNCTION"
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{
//----
//-- "THIRD FUNCTION"
//----
return(0);
}
//+------------------------------------------------------------------+

That's ALL.
So I begin to learn, learn and.................. learn It.

But at contrary condition, up to now day, still also I heard,
some 'Mocky Voice' say:" Automatic Trading Programming is EASY"
, but ???

So ,what do You think , how we can answer them,Two different ways of approach that considers all the things that's easy.

Trade to get Rich??

"To get Rich is Glorious." -- Deng Xiaoping. This is perhaps "The Smartest Thing" ever uttered by a China Reformis Leader.
And he ve done what he said for his Country.

How about us??
I prefer more focus on the second Parentheses, Reach and Research , what is the smartest have to do??
What do you think??

Hedging Trading Strategy

Hello ,
Due to New NFA Hedging Policy, don't be so panic.
As We are not allowed open Hedge Position in our Account, but still another way Protect(BY -Hedge) our open position:
1. Open trade at another Currency , if our first trade in EURUSD second will GBPUSD, or if our - first trade in AUDUSD then the second will Gold vs USD.
2. Open trade at same Currency but at Another Account.
3. Open trade at another Platform, not Singular Trading Platform.
4. Readjusting Our EA if we use Automatic Trading System
There always another ways.

The End of Hedging Trading Strategies History

Offsetting Transactions

New Compliance Rule 2-43(b) requires an FDM to offset positions in a customer account on a first-in, first-out basis, thereby prohibiting a trading practice commonly referred to as "hedging." A customer may, however, direct the FDM to offset same-size transactions even if there are older transactions of a different size. Rule 2-43(b) is effective for any positions established after May 15, 2009. Offsetting positions that were established prior to the effective date do not have to be liquidated, but once either position is closed out after May 15, it may not be reestablished as a hedge.

Indicator Trading as Driver

Happy Trading Day, Follow what the Indicator Triggere, just entry as triggered Entry Signal, then Hold , still follow what the Indicator signal for continuation, trail it or maybe multy open order we can send, try to exit trade in profit closing .

Entry Trade and Hold Trade

Hello Trader, Good Day
Just Enter if The Indicator Triggered Signal to Entry Trade, and Hold the Opening Order, at this time still keep watching on the Indicator, trailing opening Existing Order, or open new Order as
what The Indicator Signal will triggere, and don't forget when we must Exit our Trade????
Enjoy it!!!!