Videos uploaded by user “Robot House of Forex”
How much can you make trading Forex?
https://www.robothousetrading.com/welcome When I first started trading, I desperately wanted to know what kind of income potential existed. Learning how to trade takes a lot of time, robotic trading can be even more time consuming to get into if you don't know your way around things. So, is it all worth? How much can you make trading? In this video I report my average monthly percentages. Hopefully this will give you an idea of what is possible. There are plenty of people making a lot more than me. Your results may very; there are no guarantees. If you want to see my actual trading numbers you can view those here: http://www.myfxbook.com/members/johnnydeez Unfortunately, I setup myfxbook pretty long after my start. There are somethings missing, but it will become more accurate over time.
Views: 75891 Robot House of Forex
A beginners guide to Forex trading
https://www.robothousetrading.com/welcome If I was going to start over trading Forex, this is exactly what I would do. To any of you who follow the channel, the steps outlined in this video basically describe all of the work that I did before I started trading with real money. It took me about 6 months to follow these steps. Depending on how much time you have, I imagine it will take you around the same amount of time. Though, I'm sure you could accelerate the process if you were motivated. 5 Steps For Beginners to Forex Trading: 1. Read the Baby Pips Tutorials - http://www.babypips.com/school 2. Open a demo account. 3. Test everything. Forex Tester - http://www.forextester.com/ 4. Open a small live account. 5. Trade live for 6 months with small trade sizes.
Views: 11681 Robot House of Forex
My 5 best Forex trading tips and tricks
https://www.robothousetrading.com/welcome Over the course of the last 2 years I've slowly learned more about what kind of trading works best for me. So, I thought I would do a video that outlines what have been some of the most pivotal distinctions I've made in my trading during that time. These are the forex trading tips that have most helped me become and stay a profitable trader. Hopefully they can help you too! Of course, none of them will guarantee success or work all the time. But you might be able to explore some of these ideas during your trading education (which can be a very long process).
Views: 37876 Robot House of Forex
First year Forex trading
https://www.robothousetrading.com/welcome So, how much did I make in my first year of trading Forex? Honestly, not a lot of money. But, I was profitable for the year so I consider that a great success. Secondly, all of this trading was robotic and automated. I didn't actually take any trades myself. So, this was a great proof of concept for that, which was very important for me personally.
Views: 14421 Robot House of Forex
What robots am I using?
https://www.robothousetrading.com/welcome You are in no way guaranteed to get the same results as me by using the same tools. You still have to make intelligent decisions. Forex trading carries significant risk of loss. With that said, this is by far the question I receive most regarding my Forex trading. I'm not sure why it's taken me so long to get around to making this video, but here it is. You can get the robots I am using from: https://www.scottwelsh.me/ http://robbooker.com/ You can learn more about how those robots work from: http://tenfortyonetrading.com/the-book/ and https://www.youtube.com/user/wwood666 (Scott Welsh's Youtube Channel)
Views: 12096 Robot House of Forex
How to test a Metatrader robot (Expert Advisor)
https://www.robothousetrading.com/welcome Once I either finish a robot, or buy a robot, I like to spend some time testing it in Metatrader against some historical data. Usually I will start out with about a 3 year period. If the robot passes that test, then I will try it out on short and longer time frames to see what happens. The strategy tester in Metatrader 4 is actually pretty good and runs pretty fast after you download the data from the historical data section.
Views: 25518 Robot House of Forex
Do expert advisors really work?
https://www.robothousetrading.com/welcome Some people don't believe that expert advisors allow you to trade profitably. And to be fair, it does almost sound too good to be true. Robotic trading is amazing, and requires so little time and energy that I can see why some people would conclude that it must be impossible. However, that has not been my experience whatsoever.
Views: 6526 Robot House of Forex
Why I trade forex on mt4 with expert advisors (robots)
https://www.robothousetrading.com/welcome There are a lot of advantages to trading currency with Expert Advisors (automated trading). In this video I discuss some of the benefits of letting a computer take trades for you.
Views: 35136 Robot House of Forex
You can do this
https://www.robothousetrading.com/welcome I know it's hard sometimes, so I just wanted to drop a quick note of encouragement to all of you. Sometimes I get down on myself and on my trading, as I'm sure you do to. So, when the going gets tough, you got to remember: you can do this.
Views: 1563 Robot House of Forex
My trading failures
https://www.robothousetrading.com/welcome This episode is all about the things that went wrong along my trading journey. I assure you, there were plenty of them. As I wrote to my newsletter subscribers recently, the small wins along the way have kept me in the game, as they constantly provide evidence of future potential, but that doesn't mean things don't go wrong sometimes.
Views: 2615 Robot House of Forex
Is Forex trading gambling?
https://www.robothousetrading.com/welcome I think some people have extremely unreasonable expectations for their Forex earnings. If I can make 2 - 5% in a month I am extremely happy with that. I was listening to a podcast recently where someone was trying to turn 1000 dollars into 3000 (or even 10000 dollars) with in a short period of time. That's certainly possible, but I think that's gambling. And, that's not what this channel is about. My goal is to make a substantial return that outperforms what I could get from more traditional investments. If I achieve that, I will have succeeded.
Views: 4107 Robot House of Forex
The truth about Forex trading
https://www.robothousetrading.com/welcome I understand that people get excited about trading Forex, making money, living their dreams, etc... But the reality is that, in my opinion, it takes really hard work to become a successful trader. Are you willing to put in the time and effort?
Views: 413798 Robot House of Forex
Mt4 Expert Advisor Introduction and Basics
In this video I cover some of the absolute basics when getting started with expert advisors in Metatrader 4. You'll learn how to see what advisors you have available, how to modify them in a text editor and the simple process you might use to test them as you build. These are the expert advisor basics. I will be getting into MUCH more detail in future videos.
Views: 5871 Robot House of Forex
Can you trade with a $100 account?
https://www.robothousetrading.com/welcome This is a question that comes up a lot. People are wondering if they can get started trading Forex with a very small account. In my opinion, it is certainly possible to trade with a small account, but if you're expecting to make a great deal of money, your expectations might need to be adjusted.
Views: 18712 Robot House of Forex
What is a Forex trading robot?
https://www.robothousetrading.com/welcome Recently someone asked me what a 'robot' was. And, I thought that was a good question because I use that word a lot, and, I realize people who are new to the channel probably have no idea what I'm talking about. In short, a trading robot is nothing more than a computer program. In my case, these are short programs called 'scripts' which run on a platform called MT4. I call them robots ( a term I stole from other traders) because they are automated and they do trading for me. In truth though, they aren't very smart. They just do exactly what I've programmed them to do.
Views: 1845 Robot House of Forex
How to save 1000 dollars in a month
In order to trade currency, you need capital. I think for a lot of us this is the toughest part, but if you can put away a significant amount of money each month, compounding interest starts to get really interesting. In this video I talk about the tactics I am using to save 1000 dollars in a month (which I try and do every month). I then use that money to build my investment portfolio of robots.
Views: 8055 Robot House of Forex
Should you build or buy trading robots?
https://www.robothousetrading.com/welcome https://tfl.mykajabi.com/store/FGjTefBd - This is where I have purchased some of me EAs. I don't get anything by recommending these, I just want you to know where they came from. When I started trading Forex in an automated fashion a few months ago, I thought I would mostly be building my own Expert Advisors and implementing my own strategies. However, it didn't take me long to see the extreme value in purchasing them and saving myself a lot of time. At this point, I'm not sure if I will end up building more on my own. I'm having great success with the robots I have purchased. Check out the video for more details!
Views: 2280 Robot House of Forex
What I would do if I had to start over
https://www.robothousetrading.com/welcome I receive quite a few questions every month from beginners who want to know how to get started in Forex. In this video, I document what I would do if I had to start from the very beginning.
Views: 3061 Robot House of Forex
How to get out of a bad trade
What do I do when my robots (Expert Advisors) take a trade that starts to lose a lot of money? In this video I discuss the situation and how I choose to handle it in order to eliminate or minimize my losses. Bad trades (or, trades that go against you) are just part of the game. This is something that happens to me every few months.
Views: 3206 Robot House of Forex
Different types of forex trading robots
https://www.robothousetrading.com/welcome From my experience so far, there seem to be about three different types of robots that you can use to trade in the Forex markets. In this video, I take some time to describe what they are, how they work, and some of my preferences with robotic trading. Enjoy!
Views: 32957 Robot House of Forex
How I will live off of forex trading
In this video I talk about my plans to reduce my expenses, allowing me to live off of a much smaller amount of money than normal. My biggest expense every month is rent, so that's what I am hoping to eliminate. At this point, my plan is to buy or build some kind of RV (next year). I rented a camper van in order to test out the lifestyle and make this video, and I very much enjoyed living out of it for a few days. Anyway, I may be trading from the road next year. We shall see! Thanks for watching.
Views: 2165 Robot House of Forex
What VPS should I use for my robots?
I've decided to use a VPS (Virtual Private Server) in order to run my robots. This way, I don't have to worry about losing an internet connection or power from a home machine that is managing my money. So far it's working great, and it's not too expensive if you choose the right provider.
Views: 1059 Robot House of Forex
One robot to rule them all
When I began robotic trading I thought I would end up reducing risk and diversifying by trading many different robots (and thus, many different styles). But, I'm beginning to think that might not be the approach for me.
Views: 1462 Robot House of Forex
A Forex trading strategy for everyone
https://www.robothousetrading.com/welcome - General Info https://www.robothousetrading.com/members-forum/ - Join the community. Find me on Twitter: https://twitter.com/robothousetrade I get a lot of requests for trading strategies, but I don't talk about them that much on the channel. Primarily, this is because most of the systems I use are systems I purchased - so I can't share them. Trend Following, however, has been around a long time and all the information you need is publicly available, and inexpensive. If you're looking for a trading strategy, this one might be for you.
Views: 16535 Robot House of Forex
Danger, no stop loss!
Some of my robots don't have stop losses. Is this dangerous? Absolutely it's dangerous. But there are things I do that help me feel more comfortable with the situation. I haven't had any major problems yet, but catastrophe is always possible.
Views: 1740 Robot House of Forex
How I allocate my trading funds
https://www.robothousetrading.com/welcome - General Info https://www.robothousetrading.com/members-forum/ - Join the community. Find me on Twitter: https://twitter.com/robothousetrade Just a quick one today. I've never really discussed how I allocate or distribute the money that I have for trading. And, I think it's pretty important. The capital that I have invested with my broker isn't insured (that I know of) and could be locked up or lost for a host of different reasons. Because of that, I think it make sense to proceed with caution when investing funds.
Views: 1101 Robot House of Forex
Stop making assumptions about trading
https://www.robothousetrading.com/welcome Everyone in the Forex world seems to have an opinion about what is, or is not, possible with trading. However, I believe that many of those people are making assumptions that they've never bothered to verify with actual trading experiences. So, in this video I talk some about that problem and why I think it's a dangerous road to head down.
Views: 1152 Robot House of Forex
A few resources for new and growing traders
https://www.robothousetrading.com/welcome - General Info https://www.robothousetrading.com/members-forum/ - Join the community. Find me on Twitter: https://twitter.com/robothousetrade Resources from the video: https://soundcloud.com/thebookerreport/ep-119-how-to-live-off-your-trading https://soundcloud.com/thebookerreport/ep-32-what-kind-of-person-makes-a-lot-of-money-quickly https://soundcloud.com/the-traders-podcast https://www.stitcher.com/podcast/sovereign-man https://www.kajabinext.com/instructors/133715
Views: 1562 Robot House of Forex
The most important thing that I have not said enough
https://www.robothousetrading.com/welcome Trading small might be the most important thing that I did when I first started trading forex. This was the advice of Rob Booker on pretty much all of his podcasts, and I think he's spot on. The profits I made as a result were small, but so were the losses. What matters most is that the lessons were big, and they didn't cost me very much.
Views: 1392 Robot House of Forex
July Earnings From Forex Trading
In this video I report on what I earned with my Forex trading in the month of July, 2016. While this month wasn't as profitable as June was, I still ended up ok and I'm very happy with the average monthly return on my investing. My goal is always to beat my 401k and my IRA; the robots are performing much better than both at this point. Plus the income is automated and passive, which makes me very happy.
Views: 2829 Robot House of Forex
What it is like to build a trading robot
https://www.robothousetrading.com/welcome - General Info https://www.robothousetrading.com/members-forum/ - Join the community. Find me on Twitter: https://twitter.com/robothousetrade Make no mistake, building robotic trading systems can be very difficult. You'll encounter many obstacles along the way, and you'll spend many hours wondering if you're even on the right track. This video is all about that process.
Views: 1295 Robot House of Forex
Free coffee from automated forex trading
I trade the currency (Forex) markets with robots. Those robots make me around a 5% to 10% return on my investments per month. So, with just a few hundred dollars you could never pay for coffee again! More videos about currency trading to come. :)
Views: 1365 Robot House of Forex
My trading and forex goals for the next year
A quick video about where I hope my robotic trading will take me in the next year or two. I'm already earning some passive income every month from my automated trading, let's see if we can double down!
Understanding foreign currency exchange markets
https://www.robothousetrading.com/welcome I thought I would take a minute today to roll things back a bit and make sure we are all on the same page regarding the origins of currency, foreign exchange, and Forex. It's easy to get so far down into the specifics that you forget what you're dealing with on a fundamental and basic level. So, this video is all about foreign currency exchange markets and and how they work.
Views: 2181 Robot House of Forex
Investing is a skill
https://www.robothousetrading.com/welcome Sometimes I wonder whether or not I should be spending so much time teaching myself about Forex trading and automated trading. I find myself asking questions like: "Will I be doing this in 5 or 10 years? Is this worth it." Then I realized that if I ever become a person who is in possession of a large amount of money, I wouldn't want to hand it off to someone else to manage. I would want to take on the responsibility of that job because I would want to do it well. I take this stance with a lot of things in life, I guess I'm just a DIY kind of person. Anyway, I think it's a valuable skill to have.
Six things you will learn in your first year of trading
https://www.robothousetrading.com Twitter: https://twitter.com/robothousetrade Ok, so 2017 wasn't actually my first year in the markets. It was, however, the first year that my trading became a primary focus. 2015 and 2016 were mostly dabbling and testing for me. So, here's what I learned this year. Perhaps these lessons could save you some time or help you adjust your expectations when it comes to Forex. 1. You'll discover what it feels like to win and lose 2. You'll realize how little you actually know 3. You'll find out that not much live testing can be done in one year 4. You'll learn what you do and don't like 5. You'll find out if common knowledge works for you 6. You'll learn if you can be a profitable trader, even a small profit can count
Views: 1818 Robot House of Forex
What is a trading strategy?
https://www.robothousetrading.com/welcome - General Info https://www.robothousetrading.com/members-forum/ - Join the community. Find me on Twitter: https://twitter.com/robothousetrade I think most people assume that a trading strategy is all about how and when you take trades. In my opinion, however, that's really only about 20 or 30% of the equation. What matters more, is what you (or your system) does after the trade has been placed. Responding correctly and managing your positions shouldn't be overlooked.
Cultivating your trading advantage
https://www.robothousetrading.com/welcome - General Info If you're looking to become a successful trader, you need some kind of advantage. What that is for you, will depend on your unique circumstances, abilities and experiences. With that said however, one very powerful characteristic which you could cultivate, is that of discipline. Discipline can serve you when start trades, when you close them, as you manage them... and it can keep you out of positions you shouldn't even be in. Some good stuff on timing and decision making: https://www.amazon.com/When-Scientific-Secrets-Perfect-Timing/dp/0735210624 https://scopeblog.stanford.edu/2011/12/29/a-conversation-about-the-science-of-willpower/
How I found my trading strategy
https://www.robothousetrading.com/welcome People ask me a lot to share my knowledge about trading strategies, but the honest truth is that I don't know that much about them. I don't have a large depth of knowledge about technical indicators of Fundamental Analysis, I just know a few things that seem to be working for me. For me, finding a strategy was about discovering someone I could trust and learn from. Reading books and browsing Forex articles online didn't end up being that helpful. At the end of the day, I had to pay for the strategies I use. At this point, I'm glad I did.
Views: 4798 Robot House of Forex
Does technical analysis work?
https://www.robothousetrading.com/welcome https://www.scottwelsh.me/ I think Scott makes excellent trading courses. I'm not sure why, but people seem to fall into the camp of either technical analysis or fundamental analysis when it comes to trading. Most of the time, those individuals believe that one is profitable while the other one is complete fiction. I don't feel that way, I don't have any experience with fundamental analysis, but that doesn't mean it can't work. That said, today's video is about whether or not technicals work in order to help you trade profitably.
Views: 5333 Robot House of Forex
Keep your trading simple
https://www.robothousetrading.com/welcome I think the principles of simplicity lend themselves very well to Forex trading. Writing robots can be a lot of work, but once that work is done, I am finding it's best to be mostly hands off and let things run. I am also finding that sometimes less is more.
Views: 1245 Robot House of Forex
Does your trading strategy even matter?
Many of us spend a lot of time considering what strategy we're going to use when we trade. The question seems even more important if we're considering spending the time or money building that strategy into a robot. But does it really matter that much? Is this the thing that should take up the primary amount of your attention? In this video I discuss my thoughts on the significance of trading strategies.
My 2017 trading performance and a chance to collaborate
https://www.robothousetrading.com/members-forum/ - Information about the member's community forum Twitter: https://twitter.com/robothousetrade There's a great deal of new stuff in the works over here. In addition, the year has closed out so I can report on my trading performance. Thanks for watching and we'll see you again next week!
Views: 2945 Robot House of Forex
Robot Building Tutorials #1 - Intro to Javascript
The advanced, expanded course: https://robothouse.teachable.com/p/building-automated-trading-robots I tried to get this out earlier in the week, but I just didn't make it. Better late than never, I suppose. In this video we get into some very basic Javascript concepts. We need a solid programming foundation before we can move to mql4 and start building actual trading systems. And, I think Javascript is little easier to digest than mql4. https://www.robothousetrading.com/welcome - General Info https://www.robothousetrading.com/members-forum/ - Join the community. Find me on Twitter: https://twitter.com/robothousetrade
Views: 3111 Robot House of Forex
The one reason to trade Forex
https://www.robothousetrading.com/welcome People have a lot of different motivations for getting into Forex and trading. But in my opinion, the only reason I even considered it in the first place was because I was focused on making money. I don't think anything else matters. Making a profit and defending my account are the only things I'm focused on, everything else serves that. Some folks get really excited about technical indicators and news events and trading. I don't really care about any of that stuff.
Views: 2810 Robot House of Forex
Where do you get a Forex trading robot (Expert Advisor)?
https://www.robothousetrading.com/welcome I get this question a lot, and that makes perfect sense. People see that I am trading profitably with robots, and so they naturally want to know what robots I am using and how they can get them. I've also written a post on this here: http://johnkdevries.com/blog/what-forex-robots-are-you-using The reality is that there isn't a simple or easy answer, and all of the options available to you will cost you either time, money, or effort (in some cases, all three). Enjoy!
Views: 20283 Robot House of Forex
Robot Building Tutorials #8 - Setting Up Our Indicators
The expanded course: https://robothouse.teachable.com/p/building-automated-trading-robots https://www.robothousetrading.com/welcome - General Info Find me on Twitter: https://twitter.com/robothousetrade
Views: 1155 Robot House of Forex
Robot Building Tutorials #2 - Arrays
The expanded course: https://robothouse.teachable.com/p/building-automated-trading-robots In this video we get into our second programming concept: arrays. These data structures are very handy to use and you'll run across them commonly in robotic trading. Enjoy! https://www.robothousetrading.com/welcome - General Info https://www.robothousetrading.com/members-forum/ - Join the community. Find me on Twitter: https://twitter.com/robothousetrade
Views: 1324 Robot House of Forex
How to beat the market
https://www.robothousetrading.com/welcome I hear the phrase, "beat the market" quite often. I don't think that's the right way to think about the problem, and I don't think it helps one think about what it actually means to make money in Forex. In this video, I talk about what I think gives any trader a competitive advantage.
Views: 1346 Robot House of Forex
Robot Building Tutorials #10 - Placing Orders
The expanded course: https://robothouse.teachable.com/p/building-automated-trading-robots https://www.robothousetrading.com/welcome - General Info