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3% a day or bust challenge - Are you in?

  • #41
  • Jul 30, 2018 2:57am Jul 30, 2018 2:57am
In the last post EU was only 3 pips from TP and the it dropped to exactly 1 pip from sl only to reverse back up and it just hit the tp! 30% profit locked in for the day on a 10 pip range which lasted over 5 hours. If the broker was really out to getme then he cpuld have simply dropped the price 1 pip to hit the sl. Look below.
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Thus far 10 trading days of profit reached on this one trading range.


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Read my shouts to get myfxbook link
  • #42
  • Edited 3:22pm Jul 30, 2018 3:09pm | Edited 3:22pm
so IggyMORON, how is your trading going? how is your -30% loss a day going?

you are making a joke of yourself; just like you did when you used "TFH" username earlier this year; you blew up your account in 2 days with a HORRIBLE -99% drawdown; just like you are doing now

https://www.forexfactory.com/showthread.php?p=10688239#post10688239

https://www.forexfactory.com/showthread.php?p=10696940#post10696940

https://www.forexfactory.com/showthread.php?p=10697125#post10697125

you think you can fool ff community? your IP address is logged.
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  • #43
  • Jul 31, 2018 1:35am Jul 31, 2018 1:35am
Quoting alphadude
so IggyMORON, how is your trading going? how is your -30% loss a day going? you are making a joke of yourself; just like you did when you used "TFH" username earlier this year; you blew up your account in 2 days with a HORRIBLE -99% drawdown; just like you are doing now https://www.forexfactory.com/showthread.php?p=10688239#post10688239 https://www.forexfactory.com/showthread.php?p=10696940#post10696940 https://www.forexfactory.com/showthread.php?p=10697125#post10697125 you think you can fool ff community? your IP...


Don't argue with him lol. he created at least 100 accounts, everybody knows it. he was also believed to be a sophisticated hacker who stole money from rich americans lmao
  • #44
  • Jul 31, 2018 4:09am Jul 31, 2018 4:09am
Quoting HeyYou
{quote} Don't argue with him lol. he created at least 100 accounts, everybody knows it. he was also believed to be a sophisticated hacker who stole money from rich americans lmao
lol my case rest in peace. hopefully he doesn't steel my alpha or meddle with my myfxbook low DD
  • #45
  • Jul 31, 2018 4:21am Jul 31, 2018 4:21am
Quoting alphadude
{quote} lol my case rest in peace. hopefully he doesn't steel my alpha or meddle with my myfxbook low DD
Alright I see a new duel coming

https://www.forexfactory.com/showthread.php?t=598990
  • #46
  • Jul 31, 2018 6:26am Jul 31, 2018 6:26am
I am about to fail the challenge, you can see my TE attached. Made stupid mistakes, need to focus more on Mondays. They are by far my worst day, the weekend takes me out of the flow and the low volatility makes me impatient. Got hedged and didn't wait to release it following my system. Started looking at a rising wedge on eur/usd and released a leg too early, it still may come down after news respecting the higher time frame triangle. But judging the current PA it is quite bullish, news may change everything. Will see if I can get out, but got myself into a very bad position and now I am trading out of my system may end up blowing it. Trading so large doesn't allow mistakes, and I made them. No problem as it was a demo, but don't like making these kind of psychological mistakes. Served as good practice. If blow I will open a new one, want to keep practicing high %. I might change 2.5% per pip to 1% per pip. Will see.
  • #47
  • Jul 31, 2018 6:37am Jul 31, 2018 6:37am
Quoting HeyYou
{quote} Alright I see a new duel coming https://www.forexfactory.com/showthread.php?t=598990
spots on; he is definitely GJscalper; who blow up accounts, hides the losses, dissappear for few months; then come back to FF with a new nickname.

he reminds me of the horror movie: Jeepers Creepers
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  • #48
  • Jul 31, 2018 6:40am Jul 31, 2018 6:40am
Quoting Nenuser
I am about to fail the challenge, you can see my TE attached. Made stupid mistakes, need to focus more on Mondays. They are by far my worst day, the weekend takes me out of the flow and the low volatility makes me impatient. Got hedged and didn't wait to release it following my system. Started looking at a rising wedge on eur/usd and released a leg too early, it still may come down after news respecting the higher time frame triangle. But judging the current PA it is quite bullish, news may change everything. Will see if I can get out, but got myself...
good to be honest about learning trading.

no1 advice is to keep risk low. there is nothing wrong of having losing positions; you just need to accept the loss; and move on to the next trade.

you should keep your main account running; and don't blow it up. keeping risk low; ensures you still have capital to trade; and to recover bad losses.

in the charts below; both achieve the same PNL; but which one do you prefer to have?
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  • #49
  • Jul 31, 2018 6:51am Jul 31, 2018 6:51am
Quoting IggyMon
{quote} In my own rate I would like to believe I am. This system only works by reversing orders. Not having more than 2 straight losses is the key here. What most people won't like about this system is the risk i take, but that is money management and has nothing to do with when one should buy or sell.
Correct.

I hope to see you achieve something that I gave up doing many years ago.
'For the market to work, it needs people who think that they can beat it.'
  • #50
  • Jul 31, 2018 7:04am Jul 31, 2018 7:04am
am laughing my a$$ out when I read that iggymoron (gjscalper then); offered to open $10 account vs $5000 account of his duel.

he is doing exactly that now; with 500 cents account or $5 dollar. what a joke.

90% drawdown of $5 account; how much is that is left: 10 cents?

https://www.forexfactory.com/showthread.php?p=9033436#post9033436
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  • #51
  • Jul 31, 2018 7:11am Jul 31, 2018 7:11am
Quoting alphadude
am laughing my a$$ out when I read that iggymoron (gjscalper then); offered to open $10 account vs $5000 account of his duel. he is doing exactly that now; with 500 cents account or $5 dollar. what a joke. 90% drawdown of $5 account; how much is that is left: 10 cents? https://www.forexfactory.com/showthread.php?p=9033436#post9033436 {image}
Hey look who is here. If it isn't Alphahater. Hello Alpha what seems to be the matter? Not enough action in your account? Now i'm trading in a cent account you say? Well if that is what you think then so be it. It doesn't change the fact that you have still yet to open your trades so i can expose your trading for the fraud that it is. Coome on comrade and make your trading history public so i can expose you.

Quoting AlastorFate
{quote} Correct. I hope to see you achieve something that I gave up doing many years ago.
Trying so hard but when i have to trade from a mobile device it makes it rather difficult but i am utterly confident in what i have only because after losses the recovery happens almost right away without having to revenge trade. Once i close my current order i will share some charts on yesterday's lose to show you guys how perfect one needs to be when trading any system on the 1m.

Quoting Nenuser
I am about to fail the challenge, you can see my TE attached. Made stupid mistakes, need to focus more on Mondays. They are by far my worst day, the weekend takes me out of the flow and the low volatility makes me impatient. Got hedged and didn't wait to release it following my system. Started looking at a rising wedge on eur/usd and released a leg too early, it still may come down after news respecting the higher time frame triangle. But judging the current PA it is quite bullish, news may change everything. Will see if I can get out, but got myself...

The most important thing is learning from your mistakes. As long as you learn from your mistakes, backtest the new rules which would avoided rhe last lost but doesnt effect any of your prior entries and exits then you are moving in the right direction. I'm here to show and prove while others are here to do things which aren't clearly detailed. Alphahater mentioned my ip is being tracked. Having been suspended 3 times in the first week of creating this account only to have twee reinstate me would suggest that my IP Has not altered since creating my account.
Read my shouts to get myfxbook link
  • #52
  • Edited 8:29am Jul 31, 2018 8:14am | Edited 8:29am
Alright, I am out with profit. I never trade the news like this on my system. Should have been more patient and release the hedge 22 pips further up. What we are seeing right now is a break from the rising wedge on lower time frames (m1,m5,m15) plus confluence with a strong trendline and top of the triangle on higher time frames. I closed near the daily open. It will probably retrace a bit until next news, or break strongly below the daily open. I incline to a small retrace up to yesterdays high and then a break towards yesterdays lows 1.16500. (All of this is a prediction, might change as time passes).

This type of trading is reckless. Making this kind of mistakes with high leverage and trading out was luck. I always try to be correct with no more than 5-10% of the average daily range which is almost 6-12 pips as a stop level, if not I am out of my game. Like today and yesterday.

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Here you can see my hedge releases, awful. At least I exited correctly.

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  • #53
  • Jul 31, 2018 8:33am Jul 31, 2018 8:33am
Quoting Nenuser
Alright, I am out with profit. I never trade the news like this on my system. Should have been more patient and release the hedge 22 pips further up. What we are seeing right now is a break from the rising wedge on lower time frames (m1,m5,m15) plus confluence with a strong trendline and top of the triangle on higher time frames. I closed near the daily open. It will probably retrace a bit until next news, or break strongly below the daily open. I incline to a small retrace up to yesterdays high and then a break towards yesterdays lows 1.16500....
You are on to something.

My account hit the high with the simple modification i made to the entry trigger.The last two trades resulted in almost 0 drawdown in pips.
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Thhe last two show the real drawdown for the positions taken. To think no pending order was used.
Read my shouts to get myfxbook link
  • #54
  • Aug 1, 2018 3:17am Aug 1, 2018 3:17am
I smell a rat right from the beginning. Hehe
Wonder what will be his next/other nicks and new package.
They will never disappear completely.
  • #55
  • Aug 1, 2018 7:27am Aug 1, 2018 7:27am
Quoting alphadude
am laughing my a$$ out when I read that iggymoron (gjscalper then); offered to open $10 account vs $5000 account of his duel. he is doing exactly that now; with 500 cents account or $5 dollar. what a joke. 90% drawdown of $5 account; how much is that is left: 10 cents? https://www.forexfactory.com/showthread.php?p=9033436#post9033436 {image}
50 cents actually..
He'd be much richer
  • #56
  • Last Post: Aug 3, 2018 1:46pm Aug 3, 2018 1:46pm
Hi Guys and Girls ,,
Looks like i'm in , even with my existing broker ( LGC ) complete with all the leverage and margin troubles ,, only got enough in my account to trade with maximum 0.10 lot , sinch int it ...
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