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Attachments: $10 to $80,000 in 13 trades
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$10 to $80,000 in 13 trades

  • #81
  • Apr 19, 2018 7:08am Apr 19, 2018 7:08am
Quoting billytt
{quote} you need to study and study and study and not think. Have a high strike rate method, reduce the take profit and alter the odds/probability to benefit you. Compound 3 trades, then 5 .Believe me it gets heart stopping when you hit 7+ wins in a row, then you need to learn how to play the broker/s
This is a key point in trading: high win rate its everything !! it lets you risk more per trade safely and actually grow you account

and the targets are VERY important, it can make or break a solid strategy easily: you should aim for the LOWEST TP possible (no less than 1:1) that can give you the HIGHEST win rate with your entry AND the SL should be in a place where the entry its no longer valid (The move didnt have enough impulse and reversed on you)

Thats was a Free tip for everyone =)

Wait what? lowest TP? are ya crazy?? " buh ma pips " thats right.. if it doesnt make sense to you just keep aiming for a 1:68164894684 "risk reward" and see where that takes you long term =)
  • #82
  • Apr 19, 2018 9:00am Apr 19, 2018 9:00am
Quoting havo
{quote} This is a key point in trading: high win rate its everything !! it lets you risk more per trade safely and actually grow you account and the targets are VERY important, it can make or break a solid strategy easily: you should aim for the LOWEST TP possible (no less than 1:1) that can give you the HIGHEST win rate with your entry AND the SL should be in a place where the entry its no longer valid (The move didnt have enough impulse and reversed on you) Thats was a Free tip for everyone =) Wait what? lowest TP? are ya crazy?? " buh ma pips...
agreed.
When i traded the 04-00 4 hour bar, all my stats were based on a 20 point take profit BUT i took 10.

Currently, my 08-00 15 minute break trade is based on a 10 point take profit (1st trade) but i take 5.

This takes a good method to a very good method.
I am cutting failure probability.
FAILURE STILL HAPPENS BUT WE PROGRESS TO NEXT PART OF THE TRADE..
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #83
  • Apr 19, 2018 9:01am Apr 19, 2018 9:01am
Quoting jakub.pajer
fellow traders, i don't want to spoil the party, but there is something you should understand - broker (and it does not matter if it's market maker or not) will not keep you winning. Sooner or later they will put obstacles on your path and they might even suspend the account by saying that you cheat (because you keep winning). If i may suggest something, you should periodically take the money you earned, send it to your bank account and work again with the same starting amount of money. If you think you can go all the way to $80,000, you are, my...

wrong wrong wrong
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #84
  • Apr 19, 2018 10:39am Apr 19, 2018 10:39am
Trading is not a game that you have to take challenge to do something within specific time. If it happens naturally that's very good. Trading is all about skills and knowledge. You can't overshadow your knowledge and skills by taking extra risk. Be rational and trade according to your capabilities.
  • #85
  • Apr 19, 2018 4:10pm Apr 19, 2018 4:10pm
Quoting DaQueen
{quote} Exactly sir. Stick to the high prob setup as it happens less often and tend to result in a higher strike rate. The EJ sell i took was based on that method and she has hit. The hardest part is only waiting for that setup.
that is what i say,
i trade one trade and if it wins i am done until the next day.
the waiting is a terrible thing and you need to be strong and not tempted.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #86
  • Apr 19, 2018 5:05pm Apr 19, 2018 5:05pm
Quoting billytt
{quote} CORRECT. i speak of being more specific with a trade (more selective) i was compounding the Daily , we had win runs of upto 8 quite often, and losses 1 maybe 2 in a row.so So lets be selective, we have a loss (which was not traded) then we have an ideal trade , it might be an inside bar or a move to a pivot. It is all about stacking the probability.. If you compound a break, it is not any old break. BE SELECTIVE, it can still fail though. But that is another story especially if you compound only 3 times.
Did those wins and losses all had the same risk reward ?
  • #87
  • Apr 19, 2018 5:13pm Apr 19, 2018 5:13pm
Quoting metta87
{quote} Did those wins and losses all had the same risk reward ?
yes. a normal trade can fail and then be rescued but do to bigger amounts in the latter stage of compounding it would be very hard to fix..
So try and get a better probability not to lose.....(it still can)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #88
  • Apr 19, 2018 5:42pm Apr 19, 2018 5:42pm
But you know im a full time trader I have to trade 8 hours otherwise my wife, Kids and dogs call me a lazy ass.

Seriously I know some guys that think like that. They make some money but since I trade around 1 hour a day my hourly rate exploded

Most people have the worker mindset. You can hustle and learn alot about trading but in reality its boring.
Work smart not hard.

Your mind will get crushed when you the something like 10k out of your 10 bucks. Then most people will be Safe and take money out but I think. When you have a Dream like such returns of 80k you should be very serious about it.
Its all fugazy €€€€€
And take a good broker for your Experiment or be fast
Everyday better.
  • #89
  • Apr 19, 2018 6:26pm Apr 19, 2018 6:26pm
Quoting billytt
{quote} yes. a normal trade can fail and then be rescued but do to bigger amounts in the latter stage of compounding it would be very hard to fix.. So try and get a better probability not to lose.....(it still can)
Oh ok but if the strike rate is high with risk reward 1:1 then this method is already profitable in itself so why maybe hedge or compound for example ?
  • #90
  • Apr 19, 2018 6:56pm Apr 19, 2018 6:56pm
Quoting metta87
{quote} Oh ok but if the strike rate is high with risk reward 1:1 then this method is already profitable in itself so why maybe hedge or compound for example ?
i do make it sound easier than it actually is but trading is hard if you let it.
when i was compounding properly several years ago it was a lot easier...

example,and forget about value in ŁŁ $$.
i could trade 20 lot for 20 pips with 20 stop ( and yes i used a stop compounding)
so 1st trade 20+20=40...
2nd trade 40+40=80
3rd trade 80+80=160 these days the margin is quite high which a lot of minnows cannot afford.

so you say Why compound if method is already good???? good question.
i do 3 normal trades and profit is 20 +20 + 20 =(( 60)) OR compound 20+20=40,,40+40 =80,, 80+80 =((160)) MASSIVE DIFFERENCE

and if you start with bigger lots, you can trade less like ProfitF suggested
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #91
  • Apr 19, 2018 7:04pm Apr 19, 2018 7:04pm
Quoting billytt
{quote} so you say Why compound if method is already good???? good question. i do 3 normal trades and profit is 20 +20 + 20 =(( 60)) OR compound 20+20=40,,40+40 =80,, 80+80 =((160)) MASSIVE DIFFERENCE and if you start with bigger lots, you can trade less like ProfitF suggested
ok i think i get it ,so in this case it will be right to say that the edge is more in the method than the compounding ?
  • #92
  • Apr 19, 2018 7:12pm Apr 19, 2018 7:12pm
Quoting vickym
{quote} I'd suggest you take up the challenge and let all know of the result. P.S - there are better ways to spend time if you have nothing else to do instead of starting crappy threads.
at least he started something....is it your nice word/behavior.you may like it or may not .you can move your.....so please show some respect to forexfactory member..imho
Say something meaningful or Silence!!
  • #93
  • Apr 19, 2018 7:19pm Apr 19, 2018 7:19pm
Quoting metta87
{quote} ok i think i get it ,so in this case it will be right to say that the edge is more in the method than the compounding ?
i have thousands and thousands of stats mainly Frequency Distribution related and these stats are sacred to me..

forget about money management for a moment , but we have a very good strike rate but we want it better to compound.
so we can cherry pick a trade which has a better probability of winning, example it might be an inside bar which breaks..

compound 20, 10 times and we have 20000+
once we hit 5/6 trades we do need to be more confident so we go for even better trades.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #94
  • Apr 23, 2018 11:45pm Apr 23, 2018 11:45pm
Quoting DaQueen
{quote}{quote} Hopefully you are a man of your word. Currently i am in the process of opening an account with Octa but it doesn't look like Skrill will open my account soon. Until then we shall have to wait but everyone should attach their TE here and the first person to hit the goal without moving sl after it is set is DaQueen's hubby!
I honestly thought someone is finally going to showcase his/her trading skills.
What a bloody shame...

GS
  • #95
  • Apr 24, 2018 2:26am Apr 24, 2018 2:26am
Quoting genghistar
{quote} I honestly thought someone is finally going to showcase his/her trading skills. What a bloody shame... GS
Her techniques need to be kept a secret.

The economy will collapse
if retail traders know the secret
to make 500% a month.
'For the market to work, it needs people who think that they can beat it.'
  • #96
  • Apr 24, 2018 3:09am Apr 24, 2018 3:09am
Quoting AlastorFate
{quote} Her techniques need to be kept a secret. The economy will collapse if retail traders know the secret to make 500% a month.
I am not interested in his 'technique' but I had a bet on with that scoundrel. He was suppose to do 13 trades in a row with RRR 1:2 ....I would be happy with just 5 and that freak took me for a ride and also his shill and supporter who is in cahoots with him.
Should have known better. It proves that this forum is full of charlatans and false gurus. New traders need to be very careful...

GS
  • #97
  • Apr 24, 2018 3:25am Apr 24, 2018 3:25am
Hello In Excell Table Can do But in real life Can't
Rebate Everyday XM forex broker with VIP partner
  • #98
  • Apr 24, 2018 4:20am Apr 24, 2018 4:20am
Suppose this idea works out to perfection, then what will stop you from repeating it for an even bigger pay? This idea is a clear example of just how easily trading can be converted into gambling, and when this happen I think we all know who will have the last laugh "the market - now a casino- in this case". I bet this wouldn´t even be possible on a demo.
  • #99
  • Apr 24, 2018 6:47am Apr 24, 2018 6:47am
Now this challenge is no more a secret.

It can be achieved by just anyone.

Believe it or not.

Everything is revealed in details in this tread.
Maadik Hugiis. IQ 69.
  • #100
  • May 7, 2018 10:24am May 7, 2018 10:24am
Quoting vishaal84
Who can achieve 13 consecutive winning trades with a risk reward ratio of 1:1. risking the entire amount and therefore doubling equity. is it possible? any1 up for the challenge? risk will always remain just $10 I have seen 16 consecutive reds in roulette so wats the chances of picking the very high probability trade setups, and remember consecutives happen very often in roulette with just a 48% bias, and that is why the martingale strategy always fails. so wont it be much more likely to get consecutive wins like that in forex where u have control...
Whats your progress?
R:R "Percentage Focus"
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