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

  • #321
  • Aug 4, 2017 3:17pm Aug 4, 2017 3:17pm
Quoting stevepatt
GBP/CAD M30 Long Trade {image}
GBP/CAD Long Trade Result

+50 Net Pips +0.50%
Attached Image (click to enlarge)
Click to Enlarge Name: 4th Aug 17 GBP:CAD M30 Long Trade Result .png Size: 109 KB
  • #322
  • Aug 5, 2017 1:38am Aug 5, 2017 1:38am
Quoting faatkumo
{quote} Sorry was this supposed to impress us?
No, not at all. Ryan asked a question about trusting any robots, and I responded to him.

Here is another account running the same robot!

Friend of mine made over $200,000 AUD in the last year, his wife made him withdraw half of it.

So he recently opened this account with $50,000 AUD to strictly & solely run that EA.

Cheers, John

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-08-05_16-31-16.png Size: 110 KB
It takes a lot for me to IGNORE you, but you can try.
  • #323
  • Aug 5, 2017 2:34am Aug 5, 2017 2:34am
RMI indicator update!!!

Added mtf and user controlled oversold and overbought levels with the 30+ price options and made it more user friendly..

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 80 KB
Attached File(s)
File Type: mq4 Rmi mtf.mq4   15 KB | 404 downloads
  • #324
  • Aug 5, 2017 4:38am Aug 5, 2017 4:38am
Quoting Go5
{quote} Makes sense, thanks. Another solution would be using another ea to put those SLosses, no problem.
Hola Go5;

Have you found the EA for SL and global TP?

Un saludo:
  • #325
  • Aug 5, 2017 5:12am Aug 5, 2017 5:12am
Quoting chaveznqoos
{quote} Hola Go5; Have you found the EA for SL and global TP? Un saludo:
Well, there are dozens out there, I am using "RoNzAuto SL-TS-TP", only for SL.
  • #326
  • Aug 5, 2017 7:05am Aug 5, 2017 7:05am
Quoting Go5
{quote} Well, there are dozens out there, I am using "RoNzAuto SL-TS-TP", only for SL.
Gracias;

Buena suerte
  • #327
  • Aug 5, 2017 5:09pm Aug 5, 2017 5:09pm
Quoting chaveznqoos
{quote} Hola Go5; Have you found the EA for SL and global TP? Un saludo:
This is a good one and easy to use

Attached File(s)
File Type: ex4 Automatic stops.ex4   10 KB | 562 downloads
It takes a lot for me to IGNORE you, but you can try.
  • #328
  • Aug 6, 2017 1:36am Aug 6, 2017 1:36am
Quoting Erebus
{quote} This is a good one and easy to use {file}
Thanks, Erebus
  • #329
  • Aug 6, 2017 4:49am Aug 6, 2017 4:49am
Quoting Erebus
{quote} This is a good one and easy to use {file}

Hi Erebus,

I don't know if you can help with this, but what is needed is an EA that will allow for placing a 500 Pip Stop Loss on each Trade that gets Triggered along with the ability to set a +50 Pip "NET" Take Profit.

So it needs the ability to set an Individual Stop Loss for each Trade (500 Pips)

and the ability to set a "NET" Take Profit in Pips (50)

I haven't been able to find anything that will set an individual SL for each Trade and be able to TP on a "NET" Basis for a group of Trades.
  • #330
  • Aug 6, 2017 4:38pm Aug 6, 2017 4:38pm
GBP/JPY M30 Long Trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 6th Aug 17 GBP:JPY M30 Buy Trade.png Size: 108 KB
Click to Enlarge Name: 6th Aug 17 GBP:JPY H4 Observations.png Size: 122 KB
  • #331
  • Aug 6, 2017 7:32pm Aug 6, 2017 7:32pm
Quoting stevepatt
{quote} Hi Erebus, I don't know if you can help with this, but what is needed is an EA that will allow for placing a 500 Pip Stop Loss on each Trade that gets Triggered along with the ability to set a +50 Pip "NET" Take Profit. So it needs the ability to set an Individual Stop Loss for each Trade (500 Pips) and the ability to set a "NET" Take Profit in Pips (50) I haven't been able to find anything that will set an individual SL for each Trade and be able to TP on a "NET" Basis for a group of Trades.
Unless you trail each position individually to gain maximum pips, then probably the best thing to do is run another EA on another chart

something along the lines of Equity Sentry EA

In that case, if one pair makes a huge move, you have the profit you are looking for, close all trades
It takes a lot for me to IGNORE you, but you can try.
  • #332
  • Aug 7, 2017 12:34am Aug 7, 2017 12:34am
Quoting Erebus
{quote} Unless you trail each position individually to gain maximum pips, then probably the best thing to do is run another EA on another chart something along the lines of Equity Sentry EA In that case, if one pair makes a huge move, you have the profit you are looking for, close all trades

Thanks for taking the time to reply, I'll give it a try.
  • #333
  • Aug 7, 2017 12:54am Aug 7, 2017 12:54am
AUD/CAD H4 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 7th Aug 17 AUD:CAD H4 Observations.png Size: 125 KB
  • #334
  • Aug 7, 2017 8:45am Aug 7, 2017 8:45am
Quoting faatkumo
Green Arrow indicates entry. {image}
Hit TP with one order.

And as usual sleeping on the sell opportunity
  • #335
  • Aug 7, 2017 9:39am Aug 7, 2017 9:39am
Today's video.

I apologize for all the um, um um's in my videos! I'm working on trying to remove these now. Keep in mind, all my content is raw with no edits!

- Profit update
- Trading on behalf of others. Regulations?
- Tradersway broker?
- Community questions and trades
- Trading the markets with more than just inside candles
- My failed EA modifications
- Retail EA's and why I can't use them

Inserted Video
  • #336
  • Edited 1:12pm Aug 7, 2017 12:38pm | Edited 1:12pm
Quoting Cubbybgood
Today's video. I apologize for all the um, um um's in my videos! I'm working on trying to remove these now. Keep in mind, all my content is raw with no edits! - Profit update - Trading on behalf of others. Regulations? - Tradersway broker? - Community questions and trades - Trading the markets with more than just inside candles - My failed EA modifications - Retail EA's and why I can't use them https://www.youtube.com/watch?v=sr58pAe1UVc
Thanks for your informational video,
Would you( or someone here on thread) mind going into more detail of how Margin and leverage is calculated, or how I can quickly figure out my risk so I dont get a Margin call. For example : how many open lots and multiple trades can I have open before my USA 50/1 account is Margin called. How is this calculated manually and or is there some sort of indicator or EA that can be attached to brokers platform ?

Yes I will be interested to see why your Counter trend is better then Trend strategies.

I just have to share with you and anybody that is following you, that I have been in this Forex market since 1998 and have been through a lot of ups and downs trying to learn from educators localally and internet. There has only been 2 traders (people) that I found willing to show there face and honesty. And you are even more willing to share your unsuccessful / success ups and downs. Showing us your bad trades and account losses experience is slim to none. Your passion to succeed and obviously teach is very slim in recent times. I have always been taught bye and paid $1000s from supposedly Gurs to trade with a trend or whatever there method and never been successful long term. And funny thing is that they never showed a 1-2 yrs performance. I really appreciate what you are doing. I cant wait until I get my (yours) EA built or programmed to start testing and using. I wish I were your friend HA,HA,lol... Where were you 10 yrs ago ? Seems like I always ran into people (traders) that were just tryng to make money or scam. I dont know, maybe its just me not very computer social. Even here on Forex Factory its hard to ask for help. People (traders) are very non forth coming ( lack of better words). Anyways just a shout out that even though I dont know you personally I feel that you are very trust worthy and I see you have that Educational (teacher) type heart !! Wish there were more of them (successful traders) sharing and teaching in this Forex market that are not in it to just get rich faster bye charging for education. I noticed that the problem is that people (traders) want to risk there savings to get rich fast , and dont trade in good money management strategies. I know I was one of them. Money management is key, there are a lot of great strategies but teaching the money management rules and psychology to stay with it day in day out are the hardest things for success. Success takes a lot of time discipline and emotion control to be successful. Just my opinion. And I am now just excited to start EA trading because it will take care of the emotional part, and give me better quality time with my family. Yay..yay you experienced traders already know..........yay..yay....yay.. I really went out on a tangent !!!!
Sorry Guys/Gals......Best of luck............
Oh bye the way, I am guilty of sharing your thread,, hope that is ok ! if not let me know.
  • #337
  • Aug 7, 2017 1:21pm Aug 7, 2017 1:21pm
I've decided to release another video today guys since I'm going out of town this Wednesday.

This video talks only about MaverickFX. I'm not affiliated in any way to in selling products or services for MaverickFX! I'm just a trader. This is a true hands-on (my take) review.

- My experience with them
- What's needed?
- Cost?
- Training. How good is it?
- Can you really trade $300k+ of their money?
- Positives and negatives
- Is it worth it?

Inserted Video
  • #338
  • Aug 7, 2017 1:30pm Aug 7, 2017 1:30pm
Quoting Cubbybgood
Today's video. I apologize for all the um, um um's in my videos! I'm working on trying to remove these now. Keep in mind, all my content is raw with no edits! - Profit update - Trading on behalf of others. Regulations? - Tradersway broker? - Community questions and trades - Trading the markets with more than just inside candles - My failed EA modifications - Retail EA's and why I can't use them https://www.youtube.com/watch?v=sr58pAe1UVc
Again a great video, thank you! I also have been looking at those "Bonus" brokers but somehow can't see any big advantage mostly because of some small print / conditions etc. which make me hesitate to say the least.

https://www.tradersway.com/promotion...deposit_bonus:
".....
The bonus is cashed to your account at the end of every day. Rebate = 0.5USD per 1 closed lot*

  1. The bonus CANNOT be withdrawn
  2. The bonus is cancelled in case of ANY withdrawals
  3. The bonus cannot be used for news trading
  4. The bonus is not available for accounts linked to FxStat or Myfxbook
  5. The bonus is EXCLUDED from the balance during StopOut calculation and is cancelled at the StopOut. Note: In the MetaTrader 4 trading platform the bonus is included in the equity. To calculate your real margin level you need to deduct the bonus from the equity shown in MT4 and divide this amount on the margin used.....

Notes:

  1. Trader's Way reserves the right to change or modify the promotion rules, stop the promotion or any of its parts anytime without prior notification
  2. Any arguable situation not listed in these rules will be the subject to the decision of Trader's Way. Any decision taken by Trader's Way will be considered final and mandatory for all the parties
  3. Trader's Way reserves the right to decline client’s bonus application without explaining the reason
  4. Trader's Way reserves the right to cancel client’s bonus without explaining the reason
  5. Trader's Way reserves the right to block client’s account and cancel the deals made using the bonus..."

From this, I don't see how this could give us the extra margin for our trades, among other things.

There is another read here:
_https://vantagepointtrading.com/archives/12656

...but maybe I simply overlooked something here...

  • #339
  • Aug 7, 2017 1:34pm Aug 7, 2017 1:34pm
Quoting cliffvitale
{quote} Thanks for your informational video, Would you( or someone here on thread) mind going into more detail of how Margin and leverage is calculated, or how I can quickly figure out my risk so I dont get a Margin call. For example : how many open lots and multiple trades can I have open before my USA 50/1 account is Margin called. How is this calculated manually and or is there some sort of indicator or EA that can be attached to brokers platform ? Yes I will be interested to see why your Counter trend is better then Trend strategies. I just...

Thanks for the incredibly nice message!

I enjoy sharing my thoughts on trading. Good to here that some of you out there enjoy them.

Recently, I've been trying to share more content so hopefully as I continue to do this, my delivery and content will improve. I plan to always keep what I share free. I have no hidden plans to start charging people for what I share.


About your question...

Since my grid size is 20 pips at the moment, I use a risk of 0.01 for every $2k in the account at a 50:1 margin. This allows me to get around 20-30 trades before I need to start cutting for losses. It really depends on how many trades I have in on multiple pairs.
  • #340
  • Aug 7, 2017 1:48pm Aug 7, 2017 1:48pm
Quoting Go5
{quote} Again a great video, thank you! I also have been looking at those "Bonus" brokers but somehow can't see any big advantage mostly because of some small print / conditions etc. which make me hesitate to say the least. https://www.tradersway.com/promotion...deposit_bonus: "..... The bonus is cashed to your account at the end of every day. Rebate = 0.5USD per 1 closed lot* The bonus CANNOT be withdrawn The bonus is cancelled in case of ANY withdrawals The bonus cannot be used for news trading The bonus is not available for accounts...
Good thoughts here.


These are the worst drawbacks for me....

1. The bonus is cancelled in case of ANY withdrawals
2. Trader's Way reserves the right to change or modify the promotion rules, stop the promotion or any of its parts anytime without prior notification

I can't make withdraws which is really annoying. That's ok. I will probably look to get a decent profit of 30-50% (deposited funds) before withdrawing my account completely. This will likely take me 3-5 months. After 3-5 months, I will likely just start over at TradersWay or put the funds back in my OANDA or Maverick account.

They can remove my bonus at anytime which sucks. Now, this is scary but I REALLY doubt they would remove my bonus mid trades. If they did this, I'm obviously leaving the broker. My backup here is to use my debit card to make all my deposits. This way, if something happens, I can dispute or chargeback my deposits. I would really hate doing this but using a card protects me a bit at a broker like this in case of funny business.

My strategy should allow me to make upwards of 15-20% profit on deposited funds per month at Tradersway risking max 20%. Hard to say what exactly I'll receive but this is what I estimate.
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