Thread: 150-200 pip/month without technical indicators.

92118just struck at 50 on my own demo. . .tq maya. .

9211850 pips profit . . .just as advertised!

Now. . .what do I do with the rest of my week?

Again. . .please take with a grain of salt, the conventional wisdom being postulated from the so-called pros out there who likely have negative balances in their own trading accounts. Sure. . .they are largely trying to help as it is perceived by them, you to avert disaster, but in doing so they have the propensity to suck the lifeblood of inspiration .

On the flip side, I am not so picky as to choose an untested trading egy and bet the family farm on it's outcome. But, I do love a fresh approach to some recognized trading style and applaud your participation. Time will tell its worth. Personally, I'm more than prepared to spend my time.

Meanwhile. . .the big question is. . .how will I spend my profit?

92118

Originally Posted by ;

50 pips profit . . .just as advertised!

Now. . .what do I do with the rest of my week?

Again. . .please take with a grain of salt, the conventional wisdom being postulated by the so-called pros around who probably have negative balances in their own trading accounts. Sure. . .they are trying to assist as it is perceived by them, you to avert disaster, but in doing this they have the propensity to suck out the lifeblood of inspiration.

On the other hand, I'm not so picky as to take an untested trading egy and bet the family farm on it's outcome. But, I really do love a fresh approach to a proven trading fashion and applaud your contribution, flawed or not. Time will tell its worth. I'm more than willing to spend my time.

Meanwhile. . .the big question is. . .how shall I spend my profit?

$50 I will buy PS3 games..lol...I might try again tomorrow and find out how this method will proceed...

92118god I was so wrong

where's the icecream and the kiss from mommy???

Get actual. This is forex. Cold hard truth. Your statement about their submitted systems are large flops is dumb. I submitted my 10 month test on my diary great for 1400 pips after spreads. My new methods look fantastic also.

The 1 thing I agree with is that breakouts can be useful if done properly.... And you.

Originally Posted by ;

Please do not worry about the two distractors' articles. They're simply becoause their submitted systems are large flops.

The original problem that I dealt in my very first article addresses the blessed facet of speculation. The woman speaks as if she has the latest sure-fire egy.... Even though she's increasing lot size to compensate she'll dismiss her account in doing so after a couple of trades.

Into the original poster: I like how you put your tail between your legs and let us know you couldn't take it any more. take your ball home.

92118Tdion,

Please take no offense to my remarks. . .not meant to be private. . .but if you're doing what exactly are you wasting your time?

Hmmm. . .your system made 1400 pips over 10 weeks. That is 140 pips each month. . .hardly spectacular. . .but much better than a sharp stick in the eye!

But, this system is performing...@ 50 pips each week. . .200 pips each month. Although a brief test interval, but if it holds up over time, will blow off your system.

Regarding the semi-Martingaling comment, it's easy to find that if you trade this system for a week and also have all 5 winners, your highest possible exposure for loss that week would be 329.69 pips assuming increasing lot size by 1.5 for the four succeeding losing transactions. . .too much for me personally.

I will probably trade this system up with TP 50 and SL 25. This way I will lose two out of three transactions and not lose any money (except spread). Any success over 50 percent is going to end up with profits...I will speculate it is going to work well enough.

If I adopted the semi-Martingale approach, I'd quit the week if I hit four straight winners (probably after 3), that will leave me with a negative 203.12 pips. Now, my risk to reward ratio is quite poor 203.12/50, but the saving grace is the fact that I have four straight chances to make the 50 pips profit. I can lose 75 percent of the time and bag the 50 pips for the week. An even more conservative approach is to maintain the exact same number of lots to your second trade hoping to break even over two transactions, and then begin the 1.5x lot improve, if this ploy was unsuccessful.

You will find a million ways to trade this egy. One thing AFTER the first Frankfurt and London market price forays so this really is really a new outlook for me.

Anyhow no hard feelings. . .let's only make a heap of cash!!!

92118I'm sure there are things along the way that's the reason why this is still at a mini-account. Good to know you made your profit Bob, you can spend it any way you want as long as it's definitely make your day

I will not be accepting any profits out yet as I'll be rolling it back into the account for a while for compounding.

92118If you made the 50 pips, I would stop trading for the week. That's the whole point of this egy. To get a set goal once met, have a rest. Otherwise you're going to return to the market.

It's a Good week for 50 pips to left on a Tuesday. Trading farther in the week may make it turn out to be a poor week. My thought is stop while you're ahead, and revel in the sun for now. There is always next week.

Originally Posted by ;

$50 I'll buy PS3 games..lol...I may try again and see exactly how this system will go...

92118

Originally Posted by ;

If you'd already made the 50 pips, personally I'd stop trading for the week. That is the entire point of this egy. To get a set goal once fulfilled, have a break. Otherwise you're likely to give it back to the market.

It is a Good week for 50 pips to left on a Tuesday. Trading might make it turn out to be a poor week. My idea is stop while you and revel in the sun for the time being. There's always next week.

Aye-aye captain...

Originally Posted by ;

I am sure you will find things along the way to learn, that is why this remains in a mini-account. Great to know you created your profit Bob, you could spend it any way you want as long as it is definitely make your day

I won't be taking any profits out however as I'll be rolling it back in the account for a while for compounding.

Me also. . .still rolling from $100...

92118Hi,
I like breakout systems, do not treally like martingale, but should you lock profit until wedensday, wy do not you quit martingaling. In this case you make 50 pips on monday or even 50-25 on tuesday or even 50-50 on wedensday - it's not as good, but will conserve account. You can double your position if it infrequently happen to not to win within those three days. [what will be 2%]
Could you please clarify your timezone is GMT 8, but do you've got summer time shift in your country?

Thanks a lot

92118I exchange this system on Oanda. As I already have made my 50 pips for the week I didn't establish a trade. I did monitor it, along with also the 4:00 CDT (900 GMT) candle filled the BUY pending order, retraced and resulted in reaching the stop loss for -25 pips.