Introduction
My name is Robert Walker and I run a poultry farm in Queensland with over 300,000 chickens. Started as a builder, and carpenter by trade, and have been doing poultry farming for 15 years.
Brief background about your trading
I was first involved in the financial markets around 10 years ago with a Forex education company, and after trying multiple companies and spending time in and out of trading, I have found Trade View which has helped me be more committed and consistent to my trading strategies.
What you learnt at Trade View
I first found Trade View through an online webinar, and since then have learnt that any strategy can be automated without the need for code. This has allowed me to run automated trading strategies without having to be in front of the computer for extended periods of time.
By using the Trade View X platform I have been able to build and monitor automated trading strategies, which has made my trading more mechanical, with fewer emotions, being able to enter trades without thinking about them, as the algorithm has already done the calculations and thinking.
Please share some of your successes and failures while learning to trade
I have been with Trade view for over 12 months and have been running the models from the 2021 conference since December 2021. I have basically let them run according to the model programming, with mostly a minimum lot size, just checking on them a few times a week.
In the 9 or ten months, the models have been running on a demo account it has increased by 115 per cent.
An interesting thing after looking at the analyser is that the models don’t always have to have the best win rate for them to be successful. Over the 9 months the combined portfolio of 5 strategies, trading on 12 symbols, has taken 1424 trades which is around 8 trades per day and of these trades, the winners are 21% bigger than the losing trades on average.
One interesting thing, when running the portfolio, the DrawDown length shows that the account had not been growing for 31 days. I believe a lot of traders would have given up on their strategies if they were not making money after 31 days, that’s why it is so important to test and see how the model has performed previously. Trading is a long-term game that takes patience – if you can stay in the market, you may see some success.
Trade View X builder makes it very easy to automate and analyse your trading strategies without the need for complex coding knowledge.
Something you wish you knew at the beginning of your trading journey?
Before placing any trades, learn how to backtest strategies to see if they worked in the past. There is no guarantee that it will work in the future, but based on my experience if it has worked in the past it has an increased chance of working in the future.
You will win trades, and lose trades. The aim is to win more than you lose.
By using automation and the Trade View X platform I can use statistics to see the results of the overall strategy and make slight tweaks to improve the win rate, all this before risking any money in a live trading environment.
Conclusion: What are your future goals?
My future goals are to run more automated strategies and build up a trading portfolio which will help supplement my income to allow more time to do the things I enjoy.