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How To Beat The Market Trading Just 30 Minutes Per Day 3 replies

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(binned per thread starter's request) Beat The Market strategy

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  • Post #2,121
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  • Sep 13, 2019 12:01pm Sep 13, 2019 12:01pm
  •  leweg1
  • Joined Aug 2016 | Status: Elite Member | 493 Posts
+310 pips this week - 16 trades - 13 TP's 3 SL's - 81.25% win rate
 
6
  • Post #2,122
  • Quote
  • Sep 13, 2019 12:24pm Sep 13, 2019 12:24pm
  •  MasterNed
  • | Joined Jan 2018 | Status: Member | 88 Posts
Quoting leweg1
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+310 pips this week - 16 trades - 13 TP's 3 SL's - 81.25% win rate
Ignored
Great job!
 
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  • Post #2,123
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  • Sep 13, 2019 12:39pm Sep 13, 2019 12:39pm
  •  Detto
  • | Joined Apr 2018 | Status: Member | 251 Posts
Quoting leweg1
Disliked
+310 pips this week - 16 trades - 13 TP's 3 SL's - 81.25% win rate
Ignored
You guys need to start speaking about percentages, that's a great % win rate for the week!! Well done!! But 310 pips means absolutely nothing.

How much risk
How much reward
Just my 2 cents ( 1% risk )
 
 
  • Post #2,124
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  • Sep 13, 2019 12:54pm Sep 13, 2019 12:54pm
  •  leweg1
  • Joined Aug 2016 | Status: Elite Member | 493 Posts
Quoting Detto
Disliked
{quote} You guys need to start speaking about percentages, that's a great % win rate for the week!! Well done!! But 310 pips means absolutely nothing. How much risk How much reward Just my 2 cents ( 1% risk )
Ignored
Pips is key to everything, if you don't gain pips your not making money, i could have 81.25% and only make 10 pips.

focus on the pips not the percentage
 
3
  • Post #2,125
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  • Sep 13, 2019 1:04pm Sep 13, 2019 1:04pm
  •  mbae
  • | Joined May 2019 | Status: Member | 47 Posts
Quote
Disliked
But 310 pips means absolutely nothing.
Seems you are quite new to trading if you can say pips mean nothing especially when talking of over 300+ pips in one week. Even 5 pips can be 99.9% win rate when there is no loss. Sorry if I sound harsh but couldn't hold the desire to tell you that you should sit back and learn.
 
 
  • Post #2,126
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  • Sep 13, 2019 1:07pm Sep 13, 2019 1:07pm
  •  joey19
  • | Joined Mar 2019 | Status: Junior Member | 1 Post
Quoting Ladd
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{quote} I have more than 1000$ on my acc
Ignored
hey ladd,
do you trade manually or are your trades opened automatically by the dashboard?
also, are you trading all 28 pairs?
i see yourre using 0.01 lot size and that means about 1000 pips so far since 5th of september, pls what broker do you use?
thanks for your time.
 
 
  • Post #2,127
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  • Sep 13, 2019 1:34pm Sep 13, 2019 1:34pm
  •  DrDave
  • Joined Jun 2011 | Status: Member | 8,403 Posts
Quoting Detto
Disliked
{quote} You guys need to start speaking about percentages, that's a great % win rate for the week!! Well done!! But 310 pips means absolutely nothing. How much risk How much reward Just my 2 cents ( 1% risk )
Ignored
This is your opinion.

For me, pip count (normalized to 1 lot) is nearly everything for me.
Win rate is also extremely important for me: for all practical purposes, mine is 100%. It does not have to be that high for me to remain profitable, but maintaining it keeps me on track to reach my goals in the shortest time.

I nearly always risk 10 for reward of 1: R:R is essentially meaningless to me.
The markets are speaking to you. Do you know their language? I M T
 
3
  • Post #2,128
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  • Sep 13, 2019 1:51pm Sep 13, 2019 1:51pm
  •  failedbid
  • | Joined Oct 2015 | Status: Member | 82 Posts
Quoting leweg1
Disliked
+310 pips this week - 16 trades - 13 TP's 3 SL's - 81.25% win rate
Ignored
Congrats. You really did bounce back.
 
 
  • Post #2,129
  • Quote
  • Sep 13, 2019 2:17pm Sep 13, 2019 2:17pm
  •  leweg1
  • Joined Aug 2016 | Status: Elite Member | 493 Posts
Quoting failedbid
Disliked
{quote} Congrats. You really did bounce back.
Ignored
1st week was not to the rules of BTM, i added a little twist, by Friday i saw it wasn't working as back tested, so went to BTM's rules this Monday and now look +300 rules aren't meant to be broken..
 
1
  • Post #2,130
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  • Sep 13, 2019 2:28pm Sep 13, 2019 2:28pm
  •  Detto
  • | Joined Apr 2018 | Status: Member | 251 Posts
I'm not here to fight or argue, so if i have $1000 and i make 6000 pips, how much do I have ?
 
 
  • Post #2,131
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  • Sep 13, 2019 2:31pm Sep 13, 2019 2:31pm
  •  leweg1
  • Joined Aug 2016 | Status: Elite Member | 493 Posts
Quoting Detto
Disliked
I'm not here to fight or argue, so if i have $1000 and i make 6000 pips, how much do I have ?
Ignored
depends on your lot size and pairs traded as this is a currency exchange essentially
 
 
  • Post #2,132
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  • Sep 13, 2019 3:01pm Sep 13, 2019 3:01pm
  •  Detto
  • | Joined Apr 2018 | Status: Member | 251 Posts
nevermind
 
1
  • Post #2,133
  • Quote
  • Sep 13, 2019 4:04pm Sep 13, 2019 4:04pm
  •  jgadefelth
  • | Joined Jan 2008 | Status: Trillion Dollar Man | 1,495 Posts
Quoting leweg1
Disliked
+310 pips this week - 16 trades - 13 TP's 3 SL's - 81.25% win rate
Ignored
very inspirering result hope more will post and results will be even better for the comming week

Best regards
 
 
  • Post #2,134
  • Quote
  • Sep 13, 2019 4:08pm Sep 13, 2019 4:08pm
  •  rise27
  • | Joined Jun 2019 | Status: Member | 15 Posts
Quoting joey19
Disliked
{quote} hey ladd, do you trade manually or are your trades opened automatically by the dashboard? also, are you trading all 28 pairs? i see yourre using 0.01 lot size and that means about 1000 pips so far since 5th of september, pls what broker do you use? thanks for your time.
Ignored
ladd, can u confirm this ? thanks
 
 
  • Post #2,135
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  • Sep 13, 2019 7:15pm Sep 13, 2019 7:15pm
  •  Ladd
  • | Joined Feb 2017 | Status: Member | 41 Posts
Quoting rise27
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{quote} ladd, can u confirm this ? thanks
Ignored
Hey guys, sorry for waiting, yes all orders open dash automatically and yes, all 28 pairs
 
1
  • Post #2,136
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  • Sep 13, 2019 7:26pm Sep 13, 2019 7:26pm
  •  Legge
  • | Joined Jun 2009 | Status: Member | 159 Posts | Online Now
Quoting Ladd
Disliked
{quote} Hey guys, sorry for waiting, yes all orders open dash automatically and yes, all 28 pairs
Ignored
USD/CAD today as?
 
 
  • Post #2,137
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  • Sep 13, 2019 10:33pm Sep 13, 2019 10:33pm
  •  Ladd
  • | Joined Feb 2017 | Status: Member | 41 Posts
Quoting Legge
Disliked
{quote} USD/CAD today as?
Ignored
Ye USD/CAD closed by TP and profit is 0,48 cents from that trade
 
 
  • Post #2,138
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  • Sep 14, 2019 7:18am Sep 14, 2019 7:18am
  •  forexcentric
  • | Joined Aug 2008 | Status: Member | 165 Posts
Just to confirm: I had the third winning week with this system. About +200 pips. About 75% win:loss. The losing trades were just because I broke the rules: I closed them manually before hitting SL - I was in town, with my car in service, when the news hit the road, and I closed the trades. Rules are not to be broken - sooo true. If I would maintain the original SL, all trades would be wins.
I also missed some winning trades, simply because I was asleep when they hit the dashboard - I want to trade manually, so no auto trade with the dashboard. With them, the pips and percentage would be even greater...
But, hey, it seems that BTM sparked a little group of winning traders!
 
3
  • Post #2,139
  • Quote
  • Sep 14, 2019 7:31am Sep 14, 2019 7:31am
  •  leweg1
  • Joined Aug 2016 | Status: Elite Member | 493 Posts
Quoting forexcentric
Disliked
Just to confirm: I had the third winning week with this system. About +200 pips. About 75% win:loss. The losing trades were just because I broke the rules: I closed them manually before hitting SL - I was in town, with my car in service, when the news hit the road, and I closed the trades. Rules are not to be broken - sooo true. If I would maintain the original SL, all trades would be wins. I also missed some winning trades, simply because I was asleep when they hit the dashboard - I want to trade manually, so no auto trade with the dashboard. With...
Ignored
i missed a couple of GBP trades start of week so mine could heave been 400-450+ pips but still net positive so i wont grumble!
 
1
  • Post #2,140
  • Quote
  • Sep 14, 2019 7:50am Sep 14, 2019 7:50am
  •  Simontw
  • Joined Jun 2017 | Status: Member | 377 Posts
Quoting leweg1
Disliked
+310 pips this week - 16 trades - 13 TP's 3 SL's - 81.25% win rate
Ignored

Great job....


What is the % increase on the account for the week if you don't mind sharing?
EX BBMA trader focusing on REE code.
 
 
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