How much money I could make from investors?

Trading eurusd, which account shows better values for the investors, the eur or usd one?

Account 1000 usd
0.1 lot -> pip value = 1 usd
1000 pips needed to make 100%, 1000 usd

Account 1000 eur
0.1 lot -> pip value = 0.84 eur
1190 pips are needed to make 100%, 1000 eur

It means that is harder to make that 100% in an eur account!

Or maybe I am wrong, but I was never good with literature.

Yammy Yammy eurtry with your 3-day swap today (Wednesday) ... but, will you drop?

WHAT??? Darwinex 3-day swap is on Monday? Seriously now ...
Of course, I could take a trade in Recovery 5 account, ICM broker, BUT ... I was looking around and I just spotted this difference.

So late??? ..., poor homework, what else to say ..., and if it was only this, but ...

Very quite day for Future Simulator ... anyhow, I did some trading.

The PAMM Reality - EUR : 2.8% profit ... today 0.5%
The signal Reality : in $ and not %, ... 80 eur but not yet clean

Too often this coincidence on the signal, the subscription price it close to the daily profit ... that is to say, subscribe now for ..., trying again a psychological price with 9, only 199$/month!

The door is currently locked, but I will not mention again why.

Having an eur account, what is the solution to keep up with the growth of an usd account?
Simple as that, trade with bigger volume! Instead of 0.1 lot trade with 0.12 lot.

Although I was too busy to trade I got some long trades that with the help of Future Simulator the signal grew with another 80/90 eur ... but, still the same issues with the floating dd ... but, it will be over soon as I see land!

I started to be annoyed with the price quotes I get on Alpari compare to Darwinex (or IC Markets) ... sometime it stays behind without a spread increase.
Not affected so far, all the trades are closed in the PAMM.

The PAMM grew with 1.5%/16 eur ... 4.3% so far.

Not the best day, not much to say ...
Being in too early and keeping the loses was the main mistake of today. Globally, it was not going well as the account had old time losses that were carried - one of the main mistake. And plenty of other things ...

Future Simulator has only one trade open in the PAMM reaching a max loss of 25 eur so far ... the rest of the trades are mine, my mess ...

Yep, I forgot what I said last Friday ...

As I am preparing the letter for Santa Claus, I am starting to to think weather I should add this to it or not.

The words about the pamm and the feelings ... edited post, not looking to make a movie scenario in my reality.

A lot of learning during the last weeks, it had it's price ...

The PAMM was several times at +/- BE but also several times close to total destruction ... therefore, this morning I decided to close the trades with a little loss so that I could keep on going ... at least the capital is there.
I also made several changes on Future Simulator, allowing different type of trades with different profiles .. changes with the purpose to find the profitability / stability balance. I also changed the approach on the 'trade safety' filters I talked few posts before ... not I am allowing those trades, flag them and deal with in a different way. It is still work in progress as I am about to change the volume/quantity structure of the trades.

I was about to say why since May, early posts of this thread, when I started to tease the audience with a new product on the marketplace, and up to now the product was not yet released. Maybe I will explain it other time.

Let's take Apple as it's well known and famous.

Are you buying Apple products? ... not looking for the NO answer, if NO, then think about other company.

Yes! Why are you buying the products? Because you like the company, because you like it's development, you put the trust that they will evolve and release new products ... you help them to do better!

Buying stocks? Why?
To make money, of course! But also to help them to do better!

Investing in something with the hope, with the believe that will do better is what I like. And like so the investment in the PAMM I like to be seen. Unless you're a philanthropist ... but even those believe that the money goes for a good cause. It's not a guarantee success, it might not work out from the start but keep on doing it!

Friday I was close to stop the peanuts harvesting in the PAMM ... it might happen soon even in a happy surviving scenario.

I kept on going, thinking more and more on it, touching tiny details to get ready for that day.
To make the trading more realistic I was thinking to start fresh with a responsible equity ... a 10k let's say ... much more responsible trading, mostly automatic trading ... later commit x times more amount if it is going well or loosing all will stop it all.
Almost decided to start it this week, but I will postpone it a few weeks, maybe the beginning of next year ... I still have to do a few other things.

The PAMM is back in the profitability area, 8% since ignition.

I said to myself to limit my trading, stop jumping in all I see ... stay aside for a better entry, stay aside to see how things evolve ... stay aside and if some opportunities are lost there will be other ones. I mostly did it ... I have to keep on doing it.
Future Simulator had perfect entries, around 60 trades - all closed fast ... I am step by step allowing only the trades with high accuracy.

I attached the TE of the Reality - EUR PAMM as I will make a short note without detailed explanations.

Fantastic day for Future Simulator! I am more than happy with how it trade today. It has 5 trades open, 40eur dd, the rest is me ... but OK! I don't see a real issue on my current opened trades.

Still not live but I did a few other things.

This morning Future Simulator had some trades on eurchf that looked weird to me, therefore I made a partial hedge on them. The main idea was to let it go against me for a longer time period until a new price zone is established, then close the hedge, add to the loosing trade, take profit. It didn't happened as the trades were good, closed later in the right direction, but my hedge was still open. I let it open as I was confident with the exit direction ... I was right, took the profit. The exposure was small!
Future Simulator doesn't see my trades!

I exit too early from many trades, especially on eurcad but when I have a setup of several loosing trades I don't look to exit at BE all the trades once as it might never happen. I prefer to take small profits and reenter if possible later. Many times I pay the price of trading when I can or how I can ... or other tricks .. I see it important to understand the pair behavior and apply proper strategy.

A pattern that was trading too wild got banned, some pairs saw again the light.
I take lower profit from the trades, trades from where I used to take x times more profit in the past ... I set a formula behind.
After lunch I lowered the trade volume as a safety precaution as I was mostly away.
I have a good feeling over the changes I want to make on the trades volume/quantity structure.

Changes, changes, and more changes! Yes! I look to make a profitable safe setup that could trade non stop or 1h/day.

Interesting day today, plenty of challenges, the next days looks the same.

I drafted something to go live ... applied it for eurusd, eurchf, usdjpy.
It is lacking efficiency, getting new ideas, ... appetite is coming with eating.

I am curious how it will go too ...

What about darwinex and the signal?
It's loosing ... again, I didn't trust Future Simulator trades, it was shorting eurusd ... I closed with loss and jumped for a new loosing pair, classical but I'll make it somehow!

Totals: 164:1 -46.9% -1,109

rinse-repeat?
for the fun of it, if you have a copier that allow you to reverse the signals...how would it look like?

on a somewhat more serious note:
i know once in a while you pass on my journal, so, i think you may be aware that i use equity SL.
the concept behind it, that as i scale into trades, variably even with lot progression of sort, i will need a safety cut off point, where things just dont spiral out of my hand to blow half or whole account.
the -10% in my case represent a number that leaves enough room for me to do my things, even if some extent i am wrong/early, but also to cut the losses at a point where i can likely recover it in a relative short time, say within few weeks.
of course, i have no intention to get too near that -10%, and after a certain point i may start to take some trades off...the simple thing is that a position can be re-opened anytime.
the stop point can be anything for you, not necessarily 10%....but being the stop point a full margin call isnt really the answer

this also prompt me to 2 points:
1. open smaller trades, so, i can stay within my numbers set easier.
2. i tend to make mistake, like everyone. not opening 3-4 highly correlated orders the same time, and try to average all greatly help to keep drawdown controlled when i am inevitably wrong.

it is just a few thoughts, that maybe help you with your appetite. or not.
you decide.

The most important thing was done this morning!

Thank you for your contribution!

I'm done!

The thread is still alive, submitted a cleanup request and now I submitted a ignore cleanup request ...

FF.com, please don't bin this thread as I am having a second thought ... this thread is my home! Homeless should I become, I will release the batman side of me and I disappear!

Ce-ti doresc eu tie, dulce Romanie,
Tara mea de glorii, tara mea de dor?
La multi ani Romania!

What I wish you, sweet Romania,
My country of glory, my country of longing?
Happy Birthday Romania!

Today is my home country national day!
It happened that I left my country in 2007/2008 ... and since I like to see Europe as a country. In the last years I travel a lot, now family home country is Germany.

Still trying from time to time, legally, quietly, ... sometime I get flashed - once it was in an area with max 20 km/h, me having something less than 25 km/h ...

All the countries are looking to have the best skilled people inside ... starting from this idea is hard for me to understand why they are seeing some of my co-nationals with suspicious eyes. It's a full package that they got, the best doctors, the best IT peoples (not referring to me here), and of course the best thieves too ... it's a skill!

My invented joke:
How a Romanian apply for an IT job position?
By sending a copy of the National ID/Birth Certificate instead of a CV!
Haven't tried it yet, I need to find a good victim first!

Again, Happy Birthday Romania! and sorry for not being with you today!

Not ready to put serious amount on it, a few k would be ok but it's still work in progress ... a draft I came up in a few seconds by putting together some old code ideas ... bla bla bla ... what??? demo account? YES! ... it's a demo account! 10k eur account. I set it last night, initially wanted to have a real cent account but the spread won't reflect my real trade conditions with IC Markets broker ... so better have a demo account on him. It's maybe years since I demo account, but no shame to use it ... and yet a issue that happens from time to time, not a serious one, a EA got dropped from a chart ...

Where I am now?
Same Future Simulator's trades, in other volume/quantity structure of the trades.
Hahaha, looks like a grid!
Good observation, looks like + work in progress, a lot remaining to do!

Attached an image with an example.
Selling EURNZD, a bad trade! In it's initial form would have been still opened. The new approach fixed it. Great!

But what to do if things would have been wrong? (not yet at master close level!)
Step 1, 2, 3, 4 ... work in progress! The levels where I put the steps are purely random, not after x pips but more as areas of action.



Next week I will go with the cent account, I can't let the money go! but live trading also gives responsibility no matter the amount involved.

I will still keep on going with this thread until the batman side of me will say it's enough and start it's journal, a no commercial free life.
I see things as a new beginning, therefore I mark this day as a V2 version of this thread.

Is nice to see new systems on FF starting it's adventure (no time to watch too much currently), ... some of them have ideas I put in Future Simulator long long time ago, ideas that I never mentioned publicly, it gives me confidence that I am on the right path ... or I see the benefit of those ideas by expanding them to other dimension.
Where I want to arrive?
It's not the first time in my professional career, not trading related, where I see and do things that later ... much later start to appear in other parts.
An eg. many years ago I was developing from scratch a credit card payment processor that is now around the leaders in Europe ... (not my biz, I was quite alone on the technical side - passionate slave I can easily say). And one of the features was the SMS/Phone validation of the payment in case of suspicious alerts ... well, it was maybe in 2006 ... when you started to see banks asking payment validation via sms (send code on mobile, classical) ? not too long, few yeas ago when them started to implement more the 3d Secure approach ...
Another example ... antifraud system based on the user behavior, but it never got alive - low resources to implement, same mostly alone on the tech side ... Later, it starts to be visible with big companies like google ... you receive an alert when you connect from other browser, other location, other terminal ... expand the idea.
And plenty of many other things ... plenty!

What I want to say is that you don't need to be the best developer to do something good ... it's all about seeing the things being done in a better way. I am far from being the best, wow - how it sounds, developer, but I have a sparkling mind full of ideas ... like the bubble from a Champagne bottle! Don't know how it is? try a low cost alternative ... open a bottle of sparkling water having the environment temperature in a hot hot summer day! The best thing the developers are good at is to create bugs!

Well, I am in this trading area, looking for consistency, profitability (and yes PF, low dd!) ... I have some motivations that keeps me going, I have some life events hints that keeps me going, ...

Do you know what I see when I add a new trade to a loosing position?
I see how much money the new trade could make when the losing position will be closed!
It might no longer be the case from now on.

Loosing on USDCHF now ...

I allowed more extra trades adding to the loss. The extra trade is currently a low educated one, nothing done for the steps actions 1-n.
The pairs eurchf, usdnzd and ... are too enthusiastic to go live, I cut them in the past ... allowed on the demo ... on EURCHF there are currently open ... around 77 trades open but because there are 5 main entries, it was supposed to be only one ... more than that, the one that was supposed to be was the other direction and was a good one ... But is fine!

Airport, I go to the gate, to be continued ... I will talk about the PAMM ... damn, got liquidated ... I have to see why, I have a clue but it shouldn't have happen. I will continue the plan I had in the PAMM in other account. I am sorry for my investor, but should have been a 25 eur test investment, I am glad it was at this value and not a higher one.

This morning I made a 300 eur deposit in my XM cent account, switched Future Simulator to trade from demo acc to live one ... but few minutes later I rolled back all my actions as the scaling wouldn't have worked out (10k to 300) ... Then more changes would have been needed, maybe more money like 1k to trade on the cent with volume more than minimum ... in the end, I better put 1k on ICM, few adjustments to trade less and here I go. Took out the money from the cent acc.

How is demo trading?
Back in May I was saying that about demo trading. In fact it depends how demo trading is performed, what are the actions taken during the trade life cycle. It might be that the entry is good but not the exit ... or. In the end a system that starts from a demo account, copy trade to live, keep on going on the live account, might be successful. OR, too much trouble! But one can try...

For me this demo account trading gave something I wouldn't expect to happen. I got feeling, I got emotions, I got responsibility. Since this is a pretest of a live go ahead, doing something out of the order on the demo will invalidate my setup, will put all the efforts back to zero.

So far it is going well, but is expected to go well! The trade entry is the same, different volume scaling, and a few adjustments.
I could see about 4% max dd (no myfxbook setup yet), mostly due to eurchf. I already mentioned that it initiated 5x more entries at start-up ... so far a 2% profit on it ... realistic should be only 0.4% as I will not allow so many trades at signal wave start-up ... eurchf, usdnzd and maybe one more are currently problematic.

Eurchf trade had about 100 pips dd several intermediate tp (green arrow) .. took profit sooner, bigger, and is due to the new scaling. But what if the pair would have gone for 1000+pips rally? I am thinking to add partial hedge that will take out loosing trades or a matching between positive and negative trades ... It is dangerous cause it could cause more troubles to go out ... I am also thinking how to educate the new entries, different scaling ... all I know is that the time should be involved. Plus a few other things I will talk in the future. Challenging! I might go live with this setup even if not all the homework is done.