Why His Trading Systems Keep Making Money

Wim's Socials and Links:
YouTube: https://www.youtube.com/@forexeasolutions
Website: https://www.forexeasolutions.com
MQL5 profile: https://www.mql5.com/en/users/strueli

*Get my EAs 100% for free: https://bmtrading.de/en/
**Find a VPS: https://bmtrading.de/en/vps/
*Brokers I use: https://bmtrading.de/en/brokers/

*Complete MT5 Programming Course: https://bmtrading.de/en/courses/mt5-masterclass/
*Free Trading Journal: https://bmtrading.de/en/trade-buddy/

**Free high quality Tick Data for MT5: https://strategyquant.sjv.io/4GedOn
**Free multi backtest portfolio anaylsis: https://strategyquant.sjv.io/yqRrJ3
**EA Builder/Strategy Development: https://strategyquant.sjv.io/YRgdEP
Use coupon code BM10 for 10% off on all StrategyQuant products

*These Links redirect to my webpage where you can find free or paid products and lots of useful information. On my website you will also find some affiliate links. If you use this link you can support the channel because I will receive a commission form the company. You do not have any disadvantages of course! My goal is always to create fair win win situations where everyone benefits.

**These Links are affiliate links that lead to the webpage of partners that I work with. If you use this link you can support the channel because I will receive a commission form the company.

After not being profitable with manual trading I found success by automating my trading strategies. This made me overcome emotions and helped me to execute my strategies perfectly. On this channel I talk about the changes that came with automation and explain how you can code your own trading bots. You will never find fake trading on this channel and no lies. I show trading as it is - the good and the bad sides.

Instagram: https://www.instagram.com/rene_balke/

Trading in derivative products such as futures, options, CFDs, Forex and certificates involves a considerable risk. These products are not suitable for every investor. Investors could potentially lose all or more of the original investment. If anything, only money that equals personal risk capital and can be lost without jeopardizing financial security or lifestyle should be used. Partially or fully automated trading programs can only be used to support the trader. Past performance is not an indication of future results.

Timestamps:
00:00:00 Intro
00:01:50 How did we start Trading?
00:04:30 How much Money can you make Trading?
00:06:33 How much Drawdown is okay?
00:11:00 Why are Backtesting Results different then Live Results?
00:12:15 Why Wim does not use Indicators
00:14:42 Why simple Strategies are better
00:18:35 The Strategies Wim uses now
00:20:06 Manual Trading vs Automated Trading
00:21:43 Why Trade Gold
00:23:55 Trading Ranging Markets
00:26:26 What does Profitability mean?
00:30:17 When to change a Strategy
00:31:59 How many EAs per Account
00:33:00 Trading as Income/Living off Trading
00:37:02 How much Risk per Trade
00:38:19 Developing new Strategies
00:40:58 Testing Strategies
00:45:27 Trailing Stops
00:48:54 Emotions in Trading
00:52:54 What is the real Motivation?
00:56:00 Trader Lifestlye!?
00:59:00 Martingale and Grid Strategies
01:02:54 What does an average Day look like?
01:08:42 Why sell good Trading Strategies?
01:13:28 Prop Firms
01:19:27 Can everyone make Money with EAs?
01:23:42 What Color is your Bugatti?
01:28:33 Outro