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Quoting sugarman
Morning All Monday £169, Tuesday £183 Seems like the 1 min chart is more profitable than the 5 min, will stick with it for the next week or two.
let us please now how many cons losses you have with this method
Quoting vanupips
{quote} let us please now how many cons losses you have with this method
On this 1 min, 5 losses.
Plan, Patience, Profit
Steve or anybody trading this any more?

Currently I`m +£105.
Plan, Patience, Profit
Quoting sugarman
Steve or anybody trading this any more? Currently I`m +£105.
yes, but not live yet , looking for a gook broker that has 2 min and accept smaller bets.
Quoting vanupips
{quote} yes, but not live yet , looking for a gook broker that has 2 min and accept smaller bets.
Try IG, they have 1 min, 2 min, 5 min, 20 min and 60 min.
Plan, Patience, Profit
Quoting sugarman
{quote} Try IG, they have 1 min, 2 min, 5 min, 20 min and 60 min.
what is the min bet there ? (have to consider the need do double up...)
Quoting vanupips
{quote} what is the min bet there ? (have to consider the need do double up...)
£20
Plan, Patience, Profit
Quoting sugarman
{quote} £20
20 means a loss of 300 by 4 and a loss of 460 with 5 losses..to much for me to begin with.
Quoting vanupips
{quote} 20 means a loss of 300 by 4 and a loss of 460 with 5 losses..to much for me to begin with.
I use iq options, 1min 2 min and three min on turbo options.
Minimum trade size is $1 and min deposit is $10 so good to practice live.
I did some backtests for the mentioned pairs (eurusd, usdchf, usdjpy, gbpjpy) in the 5min timeframe and got about 55% win ration.
Considering a payout of 80% is very hard to get profitable.
I dont consider using martingale, because in the test I got 6 losses in a row ...

How do you guys are managing to get profit? I'm trying with lots of "gambling strategies" like 1324, fibonacci, paroli ... to see if I get better results.
See you at Valinor!
Quoting stevek11
{quote} I use iq options, 1min 2 min and three min on turbo options. Minimum trade size is $1 and min deposit is $10 so good to practice live.
Hi Steve

Where is the turbo options at IG?
Plan, Patience, Profit
Quoting stevek11
{quote} I use iq options, 1min 2 min and three min on turbo options. Minimum trade size is $1 and min deposit is $10 so good to practice live.
Thanks for info , will try it also.
Steve and Sugarman , do you get some times 4 cons losses at 1 min or only very rarely?
3 losses on usd/chf 1 min today
Quoting vanupips
3 losses on usd/chf 1 min today
I`m up to 5 losses continuing from yesterday.
Plan, Patience, Profit
Quoting sugarman
{quote} I`m up to 5 losses continuing from yesterday.
6th trade winner.
Plan, Patience, Profit
Quoting sugarman
{quote} I`m up to 5 losses continuing from yesterday.
you must had have a sixth loss and the recovered with number 7 !
this is a total of 1350 loss before recovery, is it worth it ?
was thinking of going only till 4 times and then beginning again , would like your opinion on this .
all depends probably how many times y get 4 losses , once a month would be ok , more becomes problematic..
missed your last post , anyway , possibility exists, would like your opinion
Quoting vanupips
{quote} you must had have a sixth loss and the recovered with number 7 ! this is a total of 1350 loss before recovery, is it worth it ? was thinking of going only till 4 times and then beginning again , would like your opinion on this . all depends probably how many times y get 4 losses , once a month would be ok , more becomes problematic.. missed your last post , anyway , possibility exists, would like your opinion
I had 5 losses so the 6th was a winner, not 7.

Yes it`s worth it otherwise I wouldnt be here, if you cant take the losses then I suggest you move on.
Plan, Patience, Profit
Quoting sugarman
{quote} I had 5 losses so the 6th was a winner, not 7. Yes it`s worth it otherwise I wouldnt be here, if you cant take the losses then I suggest you move on.
my question was about the best money management for this system : continuing to double limitless , or stopping at 4 and begin again , it all depends on the frequency from the 4 cons losses , in the 5 min you had it 1 in 8 month , in this system is this very frequent?
thanks
Quoting vanupips
{quote} my question was about the best money management for this system : continuing to double limitless , or stopping at 4 and begin again , it all depends on the frequency from the 4 cons losses , in the 5 min you had it 1 in 8 month , in this system is this very frequent? thanks
It`s a personally thing, if you want to stop at 4 and start again, then maybe the 5th would have been a winner, we all have our own MM.

Frequency, nobody has a crystal ball to predict how may losses you will encounter.
Plan, Patience, Profit
Quoting sugarman
{quote} It`s a personally thing, if you want to stop at 4 and start again, then maybe the 5th would have been a winner, we all have our own MM. Frequency, nobody has a crystal ball to predict how may losses you will encounter.
you are right about the crystal ball , but for the past few weeks that y are trading the 1 min , do you remember how many
4 (or more) cons. losses you had already?
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