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The REAL Traders Video Journal, 3-5% per month as a US trader

  • #301
  • Aug 3, 2017 7:30am Aug 3, 2017 7:30am
Quoting Go5
{quote} Very nice video series & thread - Thanks! Also good to see a fellow musician who is actually making it in this industry. I'll come right in with a question - still catching up so I hope this is still interesting for others. Your are generally putting on a risk of some 500 pips for each trade, individually as it seems which you close one by one as the DD gets bigger? When using this Trade agent however, the SL setting of 500 pips is a basket SL (isn't it?) so you would get 8 trades at the most which then get closed out together. Not that...
Thanks for the question. I do believe you are right about the trader agent software closing all trades at 500 total pips instead when each trade hits 500 pips. Still, I'm not completely sure about this. The main reason I recommended this software was because it easily allows traders to grid trade without needing to be in front of their screen all day. I recommend placing a manual SL on each of your trades.
  • #302
  • Aug 3, 2017 7:57am Aug 3, 2017 7:57am
Quoting Cubbybgood
{quote} Thanks for the question. I do believe you are right about the trader agent software closing all trades at 500 total pips instead when each trade hits 500 pips. Still, I'm not completely sure about this. The main reason I recommended this software was because it easily allows traders to grid trade without needing to be in front of their screen all day. I recommend placing a manual SL on each of your trades.
Makes sense, thanks. Another solution would be using another ea to put those SLosses, no problem.
  • #303
  • Aug 3, 2017 8:09am Aug 3, 2017 8:09am
Today's Video.

- Disclaimer on others using my trading system or parts of it.
- Profit update.
- Community questions.
- Retail EA's. Can any REALLY be trusted? If so, what knowledge do we need?
- How to use a cool "open positions" tool at OANDA.

Inserted Video
  • #304
  • Aug 3, 2017 8:16am Aug 3, 2017 8:16am
I've been using this strategy for about 6 weeks now (2 weeks demo and 4 weeks live) and i'm up about 40%. I've used little bit too high lots, with 1k account 0.03-0.05 lots, but i'm willing to live with the risk and in the future i'll reduce it if i reach my goals. I do everything manually and with two different platforms, MT4 where the indicators are and execute orders with cTrader. I find that ctrader is faster and much smoother with everything. I personally believe that i'll learn much more when doing everything manually and watching the charts than relying only on EA.

I've been using different TP amount than 50pips for the most pairs. GBPCAD something like 35-50pips, EG 25-35pips, NZDCAD 30-40pips etc. I like it more this way that i'll get out of trades sooner more often and i can start watching new opportunities from other pairs when there is less change that the price reverses again to wrong direction before hitting my TP.

BTW my scalping has gotten a lot better since i've watched cubbybegood's videos (twice). I've been implementing many things to my scalping strategies and almost half of my profits last month was from scalping.

Lets hope this strategy works many years to come and we can all profit from it. I'm very greatful that you shared and are sharing your knowledge with us here in FF.
  • #305
  • Aug 3, 2017 8:18am Aug 3, 2017 8:18am
love your videos.
but now that you again actively started to post them, need serious time to set aside to watch
( not complaining, really...just keep them coming!)
there is always, always another trade!!
  • #306
  • Aug 3, 2017 8:26am Aug 3, 2017 8:26am
Quoting profitfarmer
love your videos. but now that you again actively started to post them, need serious time to set aside to watch ( not complaining, really...just keep them coming!)
My earlier videos were really long because I was streaming a lot for ForexSignals. I wouldn't watch my really old videos. Just start on the one that was first posted here on this thread. I think that's a good place to start. Some streams on my channel that lasted 1-2 hours but I did take live trades in many of them.

Yes, I do have a lot of content lol. I'm trying to make my video's shorter now. No more than an hour. I would like to keep them even shorter at 30 minutes. Something I'm aiming to do more of in the future.
  • #307
  • Aug 3, 2017 8:31am Aug 3, 2017 8:31am
Quoting Tomi-FIN
I've been using this strategy for about 6 weeks now (2 weeks demo and 4 weeks live) and i'm up about 40%. I've used little bit too high lots, with 1k account 0.03-0.05 lots, but i'm willing to live with the risk and in the future i'll reduce it if i reach my goals. I do everything manually and with two different platforms, MT4 where the indicators are and execute orders with cTrader. I find that ctrader is faster and much smoother with everything. I personally believe that i'll learn much more when doing everything manually and watching the charts...
I'm happy to here that my videos are helping you in more than one area of your trading. That was my hope when creating them. Kind of your one stop shop to REAL trading if you will.

The technique and ideas I bring to the table typically have multiple uses in multiple strategies. They should be universal.

Glad to here things are going well for you. Thanks for your message!
  • #308
  • Aug 3, 2017 11:12am Aug 3, 2017 11:12am
GBP/CAD M30 Long Trade
Attached Image (click to enlarge)
Click to Enlarge Name: 3rd Aug 17 GBP:CAD M30 Buy Trade.png Size: 145 KB
  • #309
  • Aug 3, 2017 2:51pm Aug 3, 2017 2:51pm
Arrow Indicates the two entry's.
Attached Image (click to enlarge)
Click to Enlarge Name: eg.jpg Size: 143 KB
  • #310
  • Aug 3, 2017 4:19pm Aug 3, 2017 4:19pm
Quoting cliffvitale
Hello traders ! Big event BOE rate decisions at 7 am N.Y time, Are any of you ( cubbybgood,Stevepatt, OSFX, etc..) gonna trade and/or keep your EA's on during this event ? I will be on side lines. I am still working on trying to build a inside candle RMI EA for the future. I have found some code from a sample, and trying to copy to my MT4. I am also signing up for some sort of school next year to learn MQL or C++ programming. Best of luck to you !!
I keep my EA usually running during announced, expected news. Exeptions may only be extraordinary events like Brexit or elections. The more dangerous news, which lead to sudden price movements, are the unexpected ones (like the "black swan" on CHF at beginning of 2015).
  • #311
  • Aug 3, 2017 5:01pm Aug 3, 2017 5:01pm
As I'm ironing out the kinks of TaderAgent and this methodology;

Is it a 500 pip SL per entry that would close out each individual entry as they hit 500 pips?
-or-
SL to close all trades when 500 pips are reached in total on all Grid Entries?

I'm assuming 500pip SL total on all grid entries.

Thanks in advance
  • #312
  • Aug 3, 2017 5:19pm Aug 3, 2017 5:19pm
Quoting Cubbybgood
Today's Video. - Disclaimer on others using my trading system or parts of it. - Retail EA's. Can any REALLY be trusted? If so, what knowledge do we need? -
Sure, if you find the right one

PM only



Attached Image (click to enlarge)
Click to Enlarge Name: 2017-08-04_7-47-43.png Size: 133 KB
It takes a lot for me to IGNORE you, but you can try.
  • #313
  • Aug 3, 2017 10:35pm Aug 3, 2017 10:35pm
Quoting faatkumo
As I'm ironing out the kinks of TaderAgent and this methodology; Is it a 500 pip SL per entry that would close out each individual entry as they hit 500 pips? -or- SL to close all trades when 500 pips are reached in total on all Grid Entries? I'm assuming 500pip SL total on all grid entries. Thanks in advance

Hi Faatkumo,

It's 500 pips per Entry that close individually.
  • #314
  • Aug 4, 2017 8:54am Aug 4, 2017 8:54am
Here's a quick&dirty calculation of what your DD, SL and used margin can look like.
Inputs only in the blueish fields.
Comments welcome!

Attached File(s)
File Type: xls GRID-DD-MARGIN.xls   14 KB | 239 downloads
  • #315
  • Aug 4, 2017 9:37am Aug 4, 2017 9:37am
Quoting stevepatt
{quote} Hi Faatkumo, It's 500 pips per Entry that close individually.
Thanks Steve
  • #316
  • Edited 10:40am Aug 4, 2017 9:41am | Edited 10:40am
So I made another video today but decided I didn't' like it so I canceled the upload. lol
I will release another one next week.

All Trades are closes out!

Today's profit report.
-0.25% on all OANDA and MaverickFX accounts
-1.68% at LMFX

This weeks profit report.
-0.98% at OANDA and MaverickFX.
-12.16% at LMFX
  • #317
  • Aug 4, 2017 9:41am Aug 4, 2017 9:41am
Closed in harmony.
Have a good weekend everyone.
Cubby, hats off to you
Attached Image (click to enlarge)
Click to Enlarge Name: closed.jpg Size: 188 KB
  • #318
  • Aug 4, 2017 10:01am Aug 4, 2017 10:01am
Quoting Erebus
{quote} Sure, if you find the right one PM only {image}

Sorry was this supposed to impress us?
  • #319
  • Aug 4, 2017 10:18am Aug 4, 2017 10:18am
Quoting stevepatt
GBP/CAD M30 Long Trade {image}
GBP/CAD H4 Observations

Looks like Price is on a mission to reach a certain Price Point??
Attached Image (click to enlarge)
Click to Enlarge Name: 4th Aug 17 GBP:CAD H4 Observations.png Size: 129 KB
  • #320
  • Edited 11:28am Aug 4, 2017 11:11am | Edited 11:28am
Green Arrow indicates entry.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD.jpg Size: 80 KB
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