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500% a day

  • #61
  • Dec 8, 2017 12:47pm Dec 8, 2017 12:47pm
Quoting surfac
So I joined the challenge. Todays results: 20€ ---> 44€
Nice.
I'll be reporting here as well.
.... laughing all the way to the bank
  • #62
  • Dec 9, 2017 6:44am Dec 9, 2017 6:44am
Quoting Robst3r
{quote} Yes exactly! Petty Nice right, i only used a sl of 10pips
now thing is, if we want to finish this task means, we need a strategy, from your first post you're using more than one strategy (may be many), can you share few here, so we will also try or improve ours

also 50-60 pips is eur/usd means, your single trade will took more than one day i think.
  • #63
  • Dec 9, 2017 8:00am Dec 9, 2017 8:00am
sometimes it can take longer then a day to hit profit...
The system u use is for eveyone different.. when you gonna try this you already hould know the basics of trading, therefore we can use the advantage of predicting where the price will go.... Thats why i like to trade with the daily/weekly trend and go in that way... but sometimes a reversal on h4 could be could as well. It`s all up to you. i`ll put an example below, i like synergy bars..

You can also check out RagsToRiches thread https://www.forexfactory.com/showthread.php?t=444377 he uses difergence
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm-d1-exness-ltd.png Size: 49 KB
  • #64
  • Dec 9, 2017 8:05am Dec 9, 2017 8:05am
Quoting surfac
So I joined the challenge. Todays results: 20€ ---> 44€
wow can you afford loosing $20,- per trade?

Looking good mate
  • #65
  • Dec 9, 2017 8:23am Dec 9, 2017 8:23am
Quoting Robst3r
{quote} wow can you afford loosing $20,- per trade? Looking good mate
I can afford it but I don't want to loose it. The profit was achieved in one day but not on one trade. I figured if I take partial profits and cut the losers quickly and not go into rage/revenge-at the market mode, then I am good
  • #66
  • Dec 9, 2017 8:34am Dec 9, 2017 8:34am
nice thread but what is the sequenses of loses in a higher trade 0.01 -1usd lose for 0.06 ? and then going on will u explain what is the ratio of loses and profit
peace of mind
  • #67
  • Dec 9, 2017 4:12pm Dec 9, 2017 4:12pm
Quoting abdurrahman
nice thread but what is the sequenses of loses in a higher trade 0.01 -1usd lose for 0.06 ? and then going on will u explain what is the ratio of loses and profit
1:5
  • #68
  • Dec 9, 2017 9:02pm Dec 9, 2017 9:02pm
Why dont you try to increase every 10 days? Or equal to the income of 10 trading days? See what happens then?

days 1-10 $60
days 11-20 $360 (month 1 ends)
days 21-30 $2,160
days 31-40 $12,960 (month 2 ends)
ext.

By the way, if one can deliver just $30 bucks per day, on average, it is quite easy to turn $2,000 into over $90,000 for about a year. The key moment is the drawdown (DD). If it can be kept around -$200 at its peak? It all becomes just a question of waiting. For the year to pass by...

All one has to do is to open a new $30 a day session, same 0.01 lotsize, peak -$200 DD per session, every 10 or so trading days. Invest the last 2 weeks profit in eventual peak DD for the next 2 weeks period...

How do they call it? Compounding? No martingale here. Just 24-25 live $30 bucks a day sessions running simultaneously... Each session uses the same 0.01 lot. Coins. One makes millions with coins...
Maadik Hugiis. IQ 69.
  • #69
  • Dec 10, 2017 1:22pm Dec 10, 2017 1:22pm
Quoting VEEFX
{quote} I stopped reading after "Wins in a row". Trading EU with 1:5 Risk:Reward and attempting to win 6-8 times in one day? What the hell are we smoking here? I deposit $20,- Every first trade risk $1,- Stop-loss = 10 pips Move sl to BE after 2 to 5 pips in the + Tp 50 to 60 pips Wins in a row = 6 to 8 times EDIT: OMG!!!! This beats all the spreadsheet millionaire trading plans I have seen till date. ROFL Day 1 $6,- Day 2 $36,- Day 3 $216,- Day 4 $1.296,- Day 5 $7.776,- Day 6 $46.656,- Day 7 $279.936,- Day 8 $1.679.616,- MILLIONAIRS
No one invited you here so just trot on along to a thread of your liking.
Jeez.
.... laughing all the way to the bank
  • #70
  • Dec 10, 2017 1:34pm Dec 10, 2017 1:34pm
Quoting VEEFX
Hidden
Nincompoop! Your worthless advice is noted.
.... laughing all the way to the bank
  • #71
  • Dec 10, 2017 3:00pm Dec 10, 2017 3:00pm
Veefx....be gone you spawn of darkness
  • #72
  • Dec 10, 2017 3:06pm Dec 10, 2017 3:06pm
Quoting MoneyZilla
Why dont you try to increase every 10 days? Or equal to the income of 10 trading days? See what happens then? days 1-10 $60 days 11-20 $360 (month 1 ends) days 21-30 $2,160 days 31-40 $12,960 (month 2 ends) ext. By the way, if one can deliver just $30 bucks per day, on average, it is quite easy to turn $2,000 into over $90,000 for about a year. The key moment is the drawdown (DD). If it can be kept around -$200 at its peak? It all becomes just a question of waiting. For the year to pass by... All one has to do is to open a new $30 a day session,...
Hi
I didn't understand your calculations.
Is it necessary to do 30$ a day or 25 trades of 30$ each day?
The second option is almost impossible. You can achieve for some days but not for an entire year.

Thanks
  • #73
  • Dec 10, 2017 11:34pm Dec 10, 2017 11:34pm
Perfect setup on my daily chart to only look for longs coming days... going for 8 winners (in a row) this week allready at +250% starting $2,-
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDmDaily.png Size: 42 KB
  • #74
  • Dec 10, 2017 11:59pm Dec 10, 2017 11:59pm
Quoting Robst3r
Perfect setup on my daily chart to only look for longs coming days... going for 8 winners (in a row) this week allready at +250% starting $2,- {image}
Hi Robs3r
You wrote somewhere before about setting SL=10 pips.
Isn't 10 pips too tight for daily charts?
I usually trade daily chart but I use SL on average around 30-50 pips for a TP around 100 pips.
Thanks
  • #75
  • Dec 11, 2017 12:27am Dec 11, 2017 12:27am
Quoting Robst3r
Day 7 $279.936,- Day 8 $1.679.616
lot size will be extremely large in day 7 ( 2799 lots ), i don't think brokers will offer such high leverages for 2000 lots. how do you hope to trade huge lots without high leverage ?
gEt BusY LiVinG oR Get bUsy dyIng
  • #76
  • Dec 11, 2017 12:36am Dec 11, 2017 12:36am
Quoting Merka
{quote} Hi Robs3r You wrote somewhere before about setting SL=10 pips. Isn't 10 pips too tight for daily charts? I usually trade daily chart but I use SL on average around 30-50 pips for a TP around 100 pips. Thanks
I watch that daily chart for direction and trade m5 and m15 to take the pullbacks, so i`m looking for buy opportunities.

So i`ve attached my m5 chart and m15 and on both you see the small pullback so i`ll trade the first break... So stoch at the right place and a first good blue bull bar.


Made from my $2,- $6,- now so i`m at 300% next trade i`ll trade 0.04 lots and risk that $4,-
Now i save my $2,- start and have a free play of $4,-

I will open the new trade on a nice pullback and a new signal.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDmM5.png Size: 47 KB
Click to Enlarge Name: EURUSDmM15.png Size: 47 KB
  • #77
  • Dec 11, 2017 12:38am Dec 11, 2017 12:38am
Quoting asithaya
{quote} lot size will be extremely large in day 7 ( 2799 lots ), i don't think brokers will offer such high leverages for 2000 lots. how do you hope to trade huge lots without high leverage ?
Sure thang!!!

1000 is the max with my broker, but i think they`ve stopped me long before that mate Re-quotes or don`t let me trade .... most brokers are frauds
  • #78
  • Dec 11, 2017 12:51am Dec 11, 2017 12:51am
i once tried your compounding method , risking all the profit i made. you will need nerves made in iron after winning 5 or 6 trades. what i did later was after few trades i double the lot size risking 1/4 of last trade set profits. that will decrease the mental pressure.
hope your balls lot bigger than mine
good luck with the test. will follow. no harm im losing initial 1$
gEt BusY LiVinG oR Get bUsy dyIng
  • #79
  • Dec 11, 2017 1:23am Dec 11, 2017 1:23am
Quoting asithaya
i once tried your compounding method , risking all the profit i made. you will need nerves made in iron after winning 5 or 6 trades. what i did later was after few trades i double the lot size risking 1/4 of last trade set profits. that will decrease the mental pressure. hope your balls lot bigger than mine good luck with the test. will follow. no harm im losing initial 1$
Exactly! That is the essence of this thread that Rob started. Your loss is always going to be a manageable loss. And if it weren't, it none of anyone's business. This is Rob's style of trading and nobody is being forced to adopt it.
.... laughing all the way to the bank
  • #80
  • Dec 11, 2017 5:16am Dec 11, 2017 5:16am
Nr 2....
0.04 $4,- Should be $12,- after this round!!

Now let the price do it`s job
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDmM15.png Size: 40 KB
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