ç¦ å Victor V
- Joined Oct 2005 | Status: Pip Slappa Extrordinaire | 1,012 Posts
You are in a maze of twisty little passages, all alike.
The London Progressive Strategy 101 replies
SwingSpot-Reloaded! 116 replies
Looking for a formula to open progressive orders 7 replies
Progressive lots sizing based on account balance and tracking balance 3 replies
Would you trade this system? New system #2. 10 replies
Dislikedmer you said you use gomarkets for charts, could you tell us which broker you trade this live because I'm sure you must have zeroed in on a broker who gives the most attractive swap rates.
thx againIgnored
QuoteDislikedmer you said you use gomarkets for charts, could you tell us which broker you trade this live because I'm sure you must have zeroed in on a broker who gives the most attractive swap rates.
thx again
QuoteDislikedThere's no doubt it is a good, profitable system/strategy and its value is probably more in the management of positions once you are in, than in finding entries. But with three entries per 10 years, resulting from extreme fundamental events, it's not something you would rely on for a regular income is it?
QuoteDislikedScott,
Thanks for sharing again. Will be your follower.
QuoteDislikedI was going to say the same. IBFX clearly doesn't have rates as favorable as mer's broker's.
QuoteDislikedHey Mer http://cdn.forexfactory.com/images/s...m/big_grin.gif
Yet another system with martingale, huh ?
Very different from LBO systems...
Here is something probably helpfull for this system.
I have refined my "MarketInfo" indicator that i had posted on LBO V.2 thread.
This one will display current chart's information similarly to the previous version.
But what is new and useful for this system is that it will also discover all Pairs supported by your bro'ker, and create a CSV file compiling all market information...
DislikedLet me put it to you this way, do you think Warren Buffet got to where he is by buying a stock and turning around and selling it the next day, no. He holds onto stocks and buys out companies for the long term benefits.Ignored
DislikedI figure it this way, if I only have 3 trades in the past ten years, but but those 3 trades have earned me $100,000+ for each trade, that calculates to $30K a year on one pair. Now multiply that by 12, 13, or even 14 or more pairs and I would have to say it could be more than reliable as an income stream. And about half of these trades are just from normal market corrections (the same corrections you'd get on a 5 or 15 minute chart) and not always based on extreme fundamental events. I stress that this strategy and any other strategy I...Ignored