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96% Win Rate!

  • #61
  • Feb 19, 2019 8:59am Feb 19, 2019 8:59am
Quoting hilmy83
{quote} How old are you? Why just 80? I figure in Canada you can at least put together few hudred
Don’t judge me, hilmy.
  • #62
  • Feb 19, 2019 9:08am Feb 19, 2019 9:08am
Quoting Rapha
Should I go live with it? Or wait until I have a better initial capital?.
//------

wait.....h
to trade and code, keep both simple... no call to impress....h
  • #63
  • Feb 19, 2019 9:14am Feb 19, 2019 9:14am
Quoting Rapha
{quote} Don’t judge me, hilmy.
i'm not remotely close to judging.i'm just trying to figure out why you even contemplating of going live with $80. like you said, the time factor is not worth it, you value your time? put a bit more in it. at least make minimum wage out of the deposit per day in pnl
  • #64
  • Feb 19, 2019 9:18am Feb 19, 2019 9:18am
Now I think you're getting into a problematic situation in G/J.
k
  • #65
  • Feb 19, 2019 9:18am Feb 19, 2019 9:18am
Quoting hilmy83
{quote} i'm not remotely close to judging.i'm just trying to figure out why you even contemplating of going live with $80. like you said, the time factor is not worth it, you value your time? put a bit more in it. at least make minimum wage out of the deposit per day in pnl
Yeah, I’m not going with $80. Not worth it. I’m currently talking with a couple people who seem to be interested on what I’m doing, so we’ll see how it goes.

Will update here.
  • #66
  • Feb 20, 2019 5:55am Feb 20, 2019 5:55am
Drawdown on this one yesterday reached 1k. Let’s see if I can make as much in profit. If I have the balls to hold everything until intended TP, and not interfere, then probably yes. We’ll see, I’ll test my patience on this one
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  • #67
  • Feb 20, 2019 6:08am Feb 20, 2019 6:08am
Yen isnt in a good place fundamentally and if any positive news comes out on brexit today you could see a few hundred pips north of current price.
  • #68
  • Feb 20, 2019 6:16pm Feb 20, 2019 6:16pm
GJ really testing our emotions today.

Algos probably have learned how human psychology works.
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  • #69
  • Feb 21, 2019 6:35pm Feb 21, 2019 6:35pm
Is there anything more irritating than this consolidation on GJ right now?
  • #70
  • Feb 22, 2019 4:13pm Feb 22, 2019 4:13pm
Hopefully I’ll close all the remaining trades by beginning of next week. This setup hasn’t been smooth at all to trade. A lot of back and forth, consolidation and time wasting. I got very bad entries too. Despite all of that, plus the current drawdown, I still finished the week for a profit.

And from the perspective that the cup is half full, I had 10% drawdown this time compared to 45% from middle of January. So I guess I’m improving in that regard.

I hope to have some good news next week
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  • #71
  • Feb 25, 2019 8:40am Feb 25, 2019 8:40am
Keep up the good work bro.
  • #72
  • Feb 25, 2019 3:52pm Feb 25, 2019 3:52pm
Quoting fxprimate
{quote} If you have the discipline and the ability to do 1% per day +/- 20% per month ... start with 100 dollars and in 5 years you will reach + 5 million. The sky is the limit ... never stop dreaming or giving up It´s just to motivate you

I'd really like to watch you to do those 100 lots trades to achieve the top of that excel tab ....
Whether you think you can, or you think you can't,you're right. H.F.
  • #73
  • Feb 25, 2019 4:18pm Feb 25, 2019 4:18pm
Quoting Simply-Me
{quote} I'd really like to watch you to do those 100 lots trades to achieve the top of that excel tab ....
It's just a fantasy ... as said it's just to motivate the comrade
POW!
  • #74
  • Feb 26, 2019 10:18am Feb 26, 2019 10:18am
Wondering why you said on another thread about another trader stating he is the only one you consider better than you while you continue to open trades on an account that is 27% in drawdown?
  • #75
  • Feb 26, 2019 11:05am Feb 26, 2019 11:05am
Quoting EcoTrader
Wondering why you said on another thread about another trader stating he is the only one you consider better than you while you continue to open trades on an account that is 27% in drawdown?
demo trades. no consequence.
and it is hard to digest that potential investors tend to not like 2 things: demo traders and large max dd.
with time it will sink in to Rapha, too.
there is always, always another trade!!
  • #76
  • Feb 27, 2019 5:47am Feb 27, 2019 5:47am
27% drawdown exploded into almost 40% now.
  • #77
  • Feb 27, 2019 9:30am Feb 27, 2019 9:30am
It is not super-important because this is a demo account, but I would suggest the following modification to this strategy: When you see candles of this type (i.e. almost full body candles) on the daily TF going in the direction opposite of your trades and creating large drawdowns, do not add to your position, cut losses and look for trades in the opposite direction. Otherwise one places the entire account (or potentially more!) at risk. Strong trends without pullbacks are rare but do exist. If one is caught the wrong way around, it is best to recognize it and fix the situation.
Cheers,
k


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  • #78
  • Feb 27, 2019 9:39am Feb 27, 2019 9:39am
Quoting kprsa
It is not super-important because this is a demo account, but I would suggest the following modification to this strategy: When you see candles of this type (i.e. almost full body candles) on the daily TF going in the direction opposite of your trades and creating large drawdowns, do not add to your position, cut losses and look for trades in the opposite direction. Otherwise one places the entire account (or potentially more!) at risk. Strong trends without pullbacks are rare but do exist. If one is caught the wrong way around, it is best to recognize...
humbly disagree in part, by the time he will see that 3rd full bodies daily candle, going that direction may be a tad bit too late, and likely to find himself chewed up on the reversal toward mean.

however, to run into 43-45% DD, with a prayer isnt a good thing.
for the trader it is his money and choice, but for potential investors, that is bad news.
there is always, always another trade!!
  • #79
  • Feb 27, 2019 9:58am Feb 27, 2019 9:58am
It's clearly a martingale strategy.
  • #80
  • Feb 27, 2019 10:42am Feb 27, 2019 10:42am
Guys.

Things are starting to get very interesting. I’ll make a more lengthy post about the whole situation later. But for now, let me explain what I’m currently doing.

I’ve started to take the losses. Yes. But there’s a catch. Here’s how I’m doing it.

I only want to take a loss if I make the equivalent amount in profit FIRST. So there’s no drop in the balance.

Here’s an example of the first one shown in the pictures. Today in a few hours I made about $200 profit, then I closed the smallest loser that matched that $200.

Picture 1: $200 profit I made early today.
Pictire 2: The loser circled in red that I closed it.

$0 drop in balance.

There’s 9 more losers to go. Account ‘invest’ has been neglected, I’ll fix it after. I’m only working on ‘strong’ right now.

Take a loss is one thing. Accept loss is a different thing. Fight until the end. Find a solution. Do your best.
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