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Attachments: Attempt: $100 - $1,000,000 in one year
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Attempt: $100 - $1,000,000 in one year

Very interesting thread. The good thing about setting high goals is it makes you give your best. I am hopeful you'll have nice results in the end of the year no matter million or whatever.
Panamera Lifestyle
You are doing nice and steady, but can I ask you two questions:
1.what leverage do you use?
2.do you trade all pairs?
Thanks, I'm trying my best.

Leverage: 1:25
Pairs: with high volatility but right now more eurusd, gbpusd and usdjpy
I've missed many good trades and traded not good. Either the entries or closes were too early.

Week 10
http://s7.directupload.net/images/140308/m8ggu4kc.png
EPIC FAIL !

http://s7.directupload.net/images/140311/f7sz64l3.png


There are still $115 in the account.
I won't give up.
That means: adjust the system, reverse immediately and trade only the most volatile currencies: British Pound against others.
$100 to $500 though... not bad. I wonder what the results would be if you didn't use EAs.
Any advice I provide should not be considered a financial recommendation.
You are using EA? I thought you were trading manually... Anyway, good luck!!
No I had to trade manually.

During the night when most of the beautiful moves happened I was flat instead of invested.

So I've chosen other entries and pairs to compensate the missed trades - but that sucked because of a worse R/R.

The original idea was to trade the GBP against other volatile pairs by the help of a graph. strength meter.

The reason is simple: the british pound makes compared to other currencies more and the best movements.

So I must find a way ( I can't stay awake 24h) to do it.
How did this happened? I thought you are using a tight stop loss and I see you also have a very good risk reward ratio.
Quoting No-Luck
No I had to trade manually. During the night when most of the beautiful moves happened I was flat instead of invested. So I've chosen other entries and pairs to compensate the missed trades - but that sucked because of a worse R/R. The original idea was to trade the GBP against other volatile pairs by the help of a graph. strength meter. The reason is simple: the british pound makes compared to other currencies more and the best movements. So I must find a way ( I can't stay awake 24h) to do it.
Ok. I understand now.
sorry for ur loss buddy, but I am glad u are not going to give up.

my results so far this month, I am in draw down at this moment but I am managing it. will post one more screen shot at end of month.
Attached Image
I am smart than average trader, I simply copy the best.
NP.

There is still money to trade with. So no reason to give up.

BTW: Nice performance I-Robo.
Quoting No-Luck
NP. There is still money to trade with. So no reason to give up. BTW: Nice performance I-Robo.
Do you trade anything other than GPB? I trade whatever is volatile when I'm trading, so if we're in London market hours I trade GBP or EUR, but if we are in Tokyo market hours I trade JPY. I also change my strategy based on the currency, so I use Ichimoku for JPY, but more MACD and Stochs for EUR.
Any advice I provide should not be considered a financial recommendation.
Yeah I was trading other pairs or just single ones that were not as volatile with bigger leverage. I think that was also a reason why I failed.

The real problem here is to stick to the original plan but that requires to be awake nearly 24/5 because of waiting for the entries and then managing the trades.
Quoting No-Luck
EPIC FAIL ! {image} There are still $115 in the account. I won't give up. That means: adjust the system, reverse immediately and trade only the most volatile currencies: British Pound against others.
no luck what happen? i got high hope on you men, did you put a big stoploss? dont give up dude keep digging for the GOLD!!
What broker are you using?
Any advice I provide should not be considered a financial recommendation.
Forexbuster: Don't worry I have already new plans to achieve that goal.
I've done some testing and the R/R looks excellent.
It's possible to start again with the original approach and with Tokyo and hold to or through London session, then take a nap (some hours maybe 4h) till US opens.

I have to readjust the daily routine and schedule.
That's challenging but doable.

I won't give up.


jake: Armada is my broker.
Hi No-Luck,

Can you teach me your strategy? I know you might be very busy with forex, yet I am quite intersted in this way of trading so I was wondering if you can help me.
I don't know... you may say to me any sites, thrades or books from where I can read in order to learn to trade like this.
I would be glad to find out anything you are willing to share with me.
If you wish I can give you my skype or email. I hope I wasn't to daring!


Thanks!
Right now I'm testing the original strategy and it has a lot of false signals.
I think you wouldn't be happy with it.

So besides that I'm also testing an approach that is built on EUR/USD, DollarIndex and GOLD/SILVER.
It looks promising but I have to investigate a bit deeper.

Maybe when I think that can work we can skype,sure why not.
Thank you very much!
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