FX Auto – Picking the right strategy

A forex friend asked how I picked my FX-auto strategies… I thought I would share with you.

As for fx-auto – no real method. I had ATR channel until it started taken losses and then I killed it for now. Team Aphid was doing good, but got whipsawed last week for $500 in losses. Forex Fiesta C4 is okay but not blowing the doors off. Profits Club I stopped a long time ago and I’m trying out Dream machine right now. I guess if anything I look at the results, look for low lose losers. I even look at other pairs for a strategy to see if they let the losers run. I also look in fx-auto under build portfolio – look at the open positions and see what is happening in between the trades. The final results don’t tell the whole story. So when I found something I liked, that had good results, I would check the open positions and think holy crap – down 150 — but none of the closed positions where ever that bad…It’s just a good checks and balance…

Also, I have just pulled out another $1000 leaving me with $1900 left in the account, so now I only have $500 of the initial $2500 at risk – so I’m up $1400. I really am starting to think my run is over. I will keep this money in for a while, but I’m kind of tired and sort of see how many folks can always lose. We are all looking for returns way beyond what we should be getting. As I have stated before — SPY, QQQQ, MDY — big indexes is where my money is. Forex was suppose to give me some excitement and it has, but the thrill is starting to decrease. Making a few thousand isn’t going to change my life, but I’m starting to think if I lose a thousand it will probably start to bug me. I’ll continue to update my blog every so often with updates.

2 thoughts on “FX Auto – Picking the right strategy

  1. hi,
    i saw from all the systems you had the best results with forex auto, but i called forex auto and they told me i need to pick a system in fxdd, so which system is good in fxdd? because fxdd has like 20-30 systems to use. please respond to me by email

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