Wednesday, December 10, 2008

A New Direction

I've determined a new course of action to take. The YukonFX Trading System did not fair very well during the tumultuous days of September and October. I successfully managed to wipe out my entire live account of $4200 USD. Since then I have backtested various settings within the Trading System. The only setting that are succsesful are so tone back that a normal year of market conditions is hardly profitable. I suppose that is inherent of the risk we run while trading on the Foreign Exchange.

So, I've been searching far and wide for profitable and stable EA for the MT4 platform. There are a ton of commercial systems availible and even more publicly availible on forums. In an effort to sort through the garabage of useless EAs and find the gems I've been backtesting and optimizing the one I've deemed viable.

Now, the farward testing begins.

Stay posted for when I start to publish more info on the EAs I've found that are totally free and profitable.

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