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Scaling in - no stop loss

  • #61
  • Sep 29, 2017 4:26am Sep 29, 2017 4:26am
I WILL CHECK MY OLD EA'S FOR THE REVERSAL CONTOUR LINES EA... ONCE I GO BACK HOME, I THINK IT IS IN MY OTHER LAPTOP

THE REVERSAL EA WILL DO THE REQUIRED HERE IN THIS THREAD

IT WILL TRADE FROM THE TOP TO BOTTOM OR VICE VERSA TO MINIMZE THE DD AS PER THIS STRATEGY

BEST TF IS 1 MIN

BEST MA BIG IS 1000 - ANY TYPE

BEST MA SMALL 50 - ANY TYPE

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 47 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #62
  • Sep 29, 2017 4:30am Sep 29, 2017 4:30am
Quoting stubborn
{quote} if you started this system with $20,000. Assuming you made a profit $8500 while scaling in . Your balance would be around $28,500. If the system went against you for 1000 pips then your account would still be margin called at 1000 pips negative. You can get margin called even before 1000 pips if commissions are charged or swap is negative. Attached here is a gu weekly chart. This chart shows that if you are unlucky then the trade can go for a few thousand pips against you. {image}

correct 100%

but if he is using 0.01 lot - no hedging in the same pair and no martinage- then he will survive with 5000 usd for one pair if and only if he is selling from top and buying from bottom, but if he is buyig from any side or selling from any side randomly the dd will be very high and the margin call will wait him near the corner calling him - here i am ready to kill your account .... Love.
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #63
  • Sep 29, 2017 4:33am Sep 29, 2017 4:33am
Quoting bmcgowra
i currently trade 6 pairs. Started 3 days ago. All are in dd. But i have 400 pips profit overall.. :-) creating a basket could help in avoiding big losses.. Would be great to have an ea for this strategy. Could test it long term..
do not use this strategy blindly.... Or you will regret if it is real account.
\
if it is real account ---------------------------- i advise you to stop at once and get out from this corner....

Train on demo account then you decide...
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #64
  • Sep 29, 2017 4:39am Sep 29, 2017 4:39am
Quoting Samer1970
The thing is that it is a gambling strategy and used for trading using the direction of the draw down against your account balance... Some big players are using also martinagle system plus the grid lines these big players like to play this dirty trading strategy as it is pumping adrenaline and strong feelings of orgasm same as playing roulette for example first wrong trade is 0.01 then 0.03 wrong then 0.07 then 0.15 ..... It depends on the distance and the first lot size now his dd is very high but once the market is reversing back.............................

So do i understand it right you can loose 100 percent but you can gain 1000-3000 percent ?

Best regards
  • #65
  • Sep 29, 2017 4:43am Sep 29, 2017 4:43am
MANY TRADERS ARE ASKING ME HOW TO KNOW THE BOTTOM AND HOW TO KNOW THE TOP

WELL

ONLY GOD KNOWS

THIS IS FUCKING SHIT MARKET THAT NO ONE CAN PREDICT WHEN THE PRICE WILL REVERSE ITS DIRECTION

BUT ON SEVERAL LEVELS OF THE CONTOUR LINES ONE CAN SAY AHHH I AM STILL GOING DOWN TO THIS LEVEL FOR EXAMPLE LEVEL 4 THEN AHHH LEVEL 5 THEN OK I THINK IT WILL NOT GO TO LEVEL 6 THE IF NOT THIS WILL BE YOUR BOTTOM OR YOUR TOP DEPENDS ON THE LOCTION ABOVE OR UNDER THE MA

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 47 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 53 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #66
  • Sep 29, 2017 4:46am Sep 29, 2017 4:46am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 43 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #67
  • Sep 29, 2017 4:48am Sep 29, 2017 4:48am
Quoting jgadefelth
{quote} so do i understand it right you can loose 100 percent but you can gain 1000-3000 percent ? Best regards
if you play it from top to sell and from bottom to buy but not blindly, then yes you will lose 100% and you will gain 1000 to 3000 % and more

the only thing is

YOU MUST have steel balls ( MAN ) or steel breast( LADY )
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #68
  • Sep 29, 2017 5:03am Sep 29, 2017 5:03am
TO TAKE PROFIT IN THIS STRATEGY
THE SMALL MA SHOULD NOT TOUCH THE NEXT LEVEL
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 19 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #69
  • Sep 29, 2017 5:16am Sep 29, 2017 5:16am
THIS IS A CONTINUATION FOTO FOR THE ABOVE FOTO
HOW THE PRICE WENT TO NEW LEVEL AND ,A SMALL DID NOT TOUCH THE TWO TOP AND BOTTOM LEVELS THEN THE PROFIT IS OK COLLECTED GOOD
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 18 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #70
  • Sep 29, 2017 6:22am Sep 29, 2017 6:22am
কিছু বুঝলাম না!
  • #71
  • Sep 29, 2017 7:30am Sep 29, 2017 7:30am
Quoting gulaksarker
কিছু বুঝলাম না!

আমাকেও, আমি আপনার ভাষা বুঝতে পারছি না- ইংরেজীতে লিখুন
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #72
  • Sep 29, 2017 8:46am Sep 29, 2017 8:46am
To me scaling makes sense if you are trading long-term (as in years). If you are day trading, I can't see the point of scaling in.
  • #73
  • Oct 2, 2017 9:06pm Oct 2, 2017 9:06pm
Quoting Samer1970
HERE WITH THE CONTOUR EA.... TRADING WITH THE TREND TIME FRAME BEST IS M1 USE THIS EA ON YOUR RESPONSIBILITY AND OWN RISK IT IS A VERY GOOD EA MAKE 2 MAS AND MAKE THE CONTOUR LINES FOR THE BIG ONE IN YOUR CHART THIS EA IS TRADING IN THE OPPOSITE OF THIS THREAD POSTS {image} {file}
Can someone please enlighten me as to how to get the contour lines on a chart.
Thank you
Samer I hope you are doing well in the hospital...I see your brother is posting for you. Wish you well.

Chris
  • #74
  • Nov 27, 2017 11:07am Nov 27, 2017 11:07am
Has anyone made an EA of this strategy yet?
  • #75
  • Nov 27, 2017 12:48pm Nov 27, 2017 12:48pm
Quoting hasib
Martingale trading.
Couldn't have put it better!

All martingale strategies, this one included, are doomed to failure because, sooner or later, you will hit one that just keeps going against you until you run out of funds. It is mathematically inevitable, simply a matter of when not if.

Anyone who thinks about it for more than a few seconds knows this must be true but the temptation is great because:
1. You do generally get away with it. Markets routinely exhibit reversion to the mean behaviour and getting away with it simply reinforces the idea that it is somehow a good idea. It really is not.

2. We all have a very powerful aversion to being wrong, to taking a loss. This means, when faced with a losing position, the overwhelming temptation is to average down and hope it will mean reverse. It probably will and you will convince yourself of the wisdom of your decision.

But, sooner or later, one losing trade is going to keep on losing. Losing really big until you are busted. It is inevitable.
The hardest thing is to take a small, acceptable, loss when a trade goes against you. Protect your capital and get it back on another better trade later on. But no, I figured it out so carefully, it looks so good, I can't take a loss, I can't be wrong, so I'll average down. You are finished, maybe not this time, but you will be sooner or later.

Losers average down losers. Not because they are useless but because they are human and suffer from human frailties. You have to be stronger than that if you are going to win over the long haul at this game. That's why it is so difficult for so many. It's not rocket science but it's the human side of us that lets us down. Trade a better method than this.
  • #76
  • Nov 28, 2017 12:35pm Nov 28, 2017 12:35pm
Quoting cfudge
{quote} Can someone please enlighten me as to how to get the contour lines on a chart. Thank you Samer I hope you are doing well in the hospital...I see your brother is posting for you. Wish you well. Chris
I think they are 1000 period EMA with levels (+/- 100, +/- 200,...).
  • #77
  • Nov 29, 2017 4:04pm Nov 29, 2017 4:04pm
Quoting bmcgowra
I currently trade 6 pairs. Started 3 days ago. All are in DD. But I have 400 pips profit overall.. :-) Creating a basket could help in avoiding big losses.. Would be great to have an ea for this strategy. Could test it long term..
Hi bmcgowra,

Are you still trading this strategy?
  • #78
  • Nov 29, 2017 5:38pm Nov 29, 2017 5:38pm
I think your account must be Blown this is today or tommorw.remember Euro/Chf History.We never predict when market big moves.so without SL how can protect your account.I think you have big Diposit but Leverage is very important.so without SL there is no system in the world that your account protect long time.so sometimes your can huge profit but in long term you must lost your total mone not only profit.
  • #79
  • Nov 29, 2017 5:45pm Nov 29, 2017 5:45pm
Quoting reza4x
I think your account must be Blown this is today or tommorw.remember Euro/Chf History.We never predict when market big moves.so without SL how can protect your account.I think you have big Diposit but Leverage is very important.so without SL there is no system in the world that your account protect long time.so sometimes your can huge profit but in long term you must lost your total mone not only profit.
This is the most important point of this system. It will work most of the time. But there will be a time when a black swan occurs. And recently, there have been too many black swans. For example, Switzerland, Brexit, etc...Andy it will occur. It’s just a matter of time.
  • #80
  • Dec 3, 2017 2:23am Dec 3, 2017 2:23am
Quoting Simo894
{quote} Hi bmcgowra, Are you still trading this strategy?
I do not trade this. I tried on demo and if you try you will see big DD. Can you handle the DD if its real cash?
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