Author Archives: forexrobotblog

About forexrobotblog

I have been a Realtor here in Miami, Florida for the last 10 years. Due to the housing bubble in 2008, I had to quickly reinvent myself. The new career I chose is to trade forex full time. My intention through this blog is to share ideas with you about my experiences in trading forex and to also collaborate with other serious forex traders. Feel free to contact me with any questions or comments you may have.

How to be a successful forex trader using Forex Expert Advisors – PART 1

1. How to choose a forex trading system wisely Many traders don’t spend enough time researching the EAs market. Sadly, the EAs market is flooded with SCAMS – 90% of EAs are sold by marketers instead of traders and developers. … Continue reading

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Trailing Stops and Multiple Lots

This article is going to describe two slightly more advanced trading techniques:  how to trail a stop and how to maximize profits by trading multiple lots. by:   Richard Krivo @RKrivoFX – Twitter rkrivofx@gmail.com Let’s cover using multiple lots first… … Continue reading

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How to Update to a New Build

Having a challenge updating to the newest MT4 Build even though you clicked on the nag button in the task bar? Well here is the solution: Right click on your MT4 icon on your desktop. Click on Run as administrator. … Continue reading

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Analyzing Risk Per Trade and Margin In Use

What should be our risk per trade? And what about margin? Well I am sure we all have heard from various sources that we should risking no more than 1-3% of our account per trade. Personally I believe that the … Continue reading

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Instant Execution or Market Execution?

To find out if your MT4 broker is Instant Execution or Market Execution, click “the New Order” button and look at the “Type” field. You will see there if your broker is Instant Execution or Market Execution. This information is … Continue reading

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Margin of Error

Around June 2011, my Oanda demo using Crescendo v1.3 closed out a basket of trades in major loss when the account reached 50%. There were 9 trades really 11 trades that lost -$5,094.90 due to a 700 pip run to … Continue reading

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Retail Forex Traders Summit – September 12, 2011

Hear from Top Players on the Street Dear Readers, I will speaking at the Retail Forex Traders Summit at 4:30 pm on September, 2011 on Forex Automated Trading. As many of you know from personal contact and following my blogs … Continue reading

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Forex Combo Robot Results March 1 to June 1, 2011

My Forex Combo Robot v2.42 equity curve as taken from my stats page: http://www.mt4i.com/users/atclive/stats Strategy #1 Scalping: Strategy #2 Breakout: Strategy #3 Reversal: All Three Strategies Combined: As you can see from the above screen shots that the Reversal Strategy … Continue reading

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How Can You Tell If You Have an ECN Account?

Here are some ways you can tell if you have an ECN account: 1. They usually have non Fixed Spreads, all ECN brokers should have non fixed spreads. 2. They usually charge commission with non fixed spreads, if they don’t … Continue reading

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The End of dbFX – An Analysis

The End of dbFX – An Analysis Not only was the exit of dbFX from the retail market a headline grabber, the transfer of clients to Gain Capital once again brought two powerful industry leaders into a bidding war. The … Continue reading

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