Recent content by Trading Gurus

Hi ForexLion, Why not? Cheers, Jim

Morning Francis, Thanks for your kind suggestions. Unfortunately Ray's limited amounts of grey matter aren't capable of calculating all those indicators. He therefore has no choice but to keep things stupidly simple. Do any of the creatures you refer to manage to achieve Ray's astonishing...

@PB I assume your remark is made with your tongue firmly in your cheek? Note that Ray claims to be educational, and doesn't claim to deliver vast profits in virtually no time. Since he's currently only trading a fixed 10 pence per pip, maybe he'd be in a better position to throw a bigger...

Morning Francis, It's just a turn of phrase. I have no tattoos. That appears to be your opinion. However thus far you have offered no theoretical or empirical justification for it. You should know that Ray Robot II has amassed quite a bit of empirical evidence on this very topic which...

Evening Francis, I could easily engineer things so that the pending orders at each broker used the same entry price. However that would make it difficult for anyone else to repeat the same experiment "at home". Furthermore it still doesn't ensure that every trade would be taken at both...

Afternoon Francis, Not to mention much larger differences between live and backtest results. A more ancient quote from you also: So you do in fact care about more than just how much each account made? Happy New Year! Jim

Hi Replemished, If you explore the link above you will discover a plethora of live GXFX spread betting trade results. Ray Robot trades 10 pence per pip using a 10 pip stop loss which is taken out with remarkable regularity. Each time that happens he loses one pound. What would you expect to...

Hi Francis, Not any more. If you fancy some festive fun, discover why it's now 255 versus 261 versus 279 versus 274 (give or take a couple of pence): Ray Robot Makes More Money Spread Betting with GKFX than with Alpari Merry Xmas! Jim ,

Evening Francis, BH, you must be psychic! Would you believe I was chatting to an alleged dope smoking homeless Occupy resident outside Exeter Cathedral at the weekend. Fractional reserve banking and quantitative easing were amongst the topics of conversation: Stone Snaps "Women Occupy Exeter"...

Morning Francis, Looks like we'll have to agree to disagree on this one, doesn't it? Have you (n)ever heard this old wives tale? Cheers, Jim

Afternoon Francis, Yes you are lost. Yes you are missing something. All four accounts are now back to break even. Despite the similarities in the bottom lines, some trades have lasted twice as long on some accounts compared to others. All accounts suffer quotes delayed by several tens of...

Hi Francis, Well who'd have thunk it? After 9 ten pip losers in a row the son of Ray has bagged a fifty pip winner at long last! If you're not happy with myfxbook you could always see what the FF Trade Explorer has to offer instead. After a bit of persuasion they've finally got their act...

Morning Francis, I awoke bright and early this morning to find all four clones of Ray short GBP/USD. Take a look: 2011-11-25_0753_RayX2 GKFX is on top. Notice any difference? How do you reckon this one will finish up? Yet another loser across the board? Cheers, Jim

Evening Francis, Actually it's 9 days so far, and whilst the bottom lines are indeed all the same, even myfxbook reveals some significant differences. For example, on the 15th it took 56 minutes for Ray's 10 pip stop to be taken out on GKFX, versus a mere 29 minutes at Alpari UK. There are...

Hi SteelHead, Thus far all live trading has been fully automated, using pending orders only. Nonetheless all sorts of interesting comparative information is emerging. See the latest update: Our MetaTrader 4 Spread Betting Live Test Suffers Some Delays Cheers, Jim