Hi traders!
Hold on to your seatbelts, this is going to be one CRAZY ride!
First, let's just get this out of the way: yes, I am a commercial member. I do sell a signal subscription service, but today I'm not here to market the service to you. I'm here to let my trades do the talkin' for me!
Quick background about myself
I've been trading for a little over 10 years now, been making a living off of it for 5 years.
I LOVE everything about trading as it suits my personality very well, especially after I figured out the best way to trade in a way that also matches my own temperament for risk.
How I'm going to trade
I would say I'm an aggressive trader, but you haven't seen anything like what I'm about to do on this thread!
I'm talking tear-your-eyes-out, excruciating-to-watch levels of risk and probable (definite?) swings in my capital. But that's just how much faith I have in my strategy and most importantly in myself.
I've always known the theoretical highest percentage of risk I can take for each setup for maximum profit, but it was way outside any sane trader's amount of risk they should be trading.
I have thousands of trades logged over the years. My trading relies on a rolling 2-year period of data to constantly assess how effective my edge is in the current market. This also helps me adapt the strategy should the fundamental way the market move changes. We tend to see seasons of high or low volatility and it helps to be able to adapt to the current financial climate, especially in forex.
The trading strategy
I have created my own strategy that I call DragonShot FX.
It gets its name from the serpent-like moving average bands that I use that form a crucial pillar of the strategy. The "shot" part comes from what happens with the classic DragonShot setup: price usually doesn't wait around the entry point too long and shoots towards the target fast.
This strategy has a knack of getting into the market just before the big market makers and institutional traders move the market, letting us go along for the ride. It's part of what I love about the system.
It's a trend-following system although it's diverse enough to also show me when I should expect ranging trades. I trade 3 types of setups:
1. Big trends
2. Smaller trends
3. Ranges
What this is not
I am not selling the strategy.
I am not going to explain the strategy as it's my proprietary system.
I am not here to make the strategy public in any way.
What this is
* You joining me as I trade this system live.
* You get to "look over my shoulder" to see how I think about and analyze a trade before, during and after it's done. This was one of the big "a-ha" moments when I was still learning to trade. Reading something on the internet is one thing, but actually sitting next to a very successful trader while he was trading made me throw everything I found for free online out the window. Most of it was complete nonsense honestly. Now you get to "sit next to me" while I trade (even though it's still over the internet. Yes, I get the irony in what I just said
)
* One helluva crazy, fun ride!
A few last notes before the fun begins
I've created a brand new Myfxbook account for this here.
I see that I can also add the system to my profile here which I'll do shortly.
Regarding my signal service, I obviously don't send out the same crazy risk parameters that I'll be using here, but the trades are much the same otherwise.
If you have any questions or suggestions I'd love to hear from you!
Alright, I think that covers it... either I blow up my account and we can all laugh about it, or my years of statistical analysis of my system holds up and we make some magic happen... time to rock.
Albert
https://followmyfx.com
Hold on to your seatbelts, this is going to be one CRAZY ride!
First, let's just get this out of the way: yes, I am a commercial member. I do sell a signal subscription service, but today I'm not here to market the service to you. I'm here to let my trades do the talkin' for me!
Quick background about myself
I've been trading for a little over 10 years now, been making a living off of it for 5 years.
I LOVE everything about trading as it suits my personality very well, especially after I figured out the best way to trade in a way that also matches my own temperament for risk.
How I'm going to trade
I would say I'm an aggressive trader, but you haven't seen anything like what I'm about to do on this thread!
I'm talking tear-your-eyes-out, excruciating-to-watch levels of risk and probable (definite?) swings in my capital. But that's just how much faith I have in my strategy and most importantly in myself.
I've always known the theoretical highest percentage of risk I can take for each setup for maximum profit, but it was way outside any sane trader's amount of risk they should be trading.
I have thousands of trades logged over the years. My trading relies on a rolling 2-year period of data to constantly assess how effective my edge is in the current market. This also helps me adapt the strategy should the fundamental way the market move changes. We tend to see seasons of high or low volatility and it helps to be able to adapt to the current financial climate, especially in forex.
The trading strategy
I have created my own strategy that I call DragonShot FX.
It gets its name from the serpent-like moving average bands that I use that form a crucial pillar of the strategy. The "shot" part comes from what happens with the classic DragonShot setup: price usually doesn't wait around the entry point too long and shoots towards the target fast.
This strategy has a knack of getting into the market just before the big market makers and institutional traders move the market, letting us go along for the ride. It's part of what I love about the system.
It's a trend-following system although it's diverse enough to also show me when I should expect ranging trades. I trade 3 types of setups:
1. Big trends
2. Smaller trends
3. Ranges
What this is not
I am not selling the strategy.
I am not going to explain the strategy as it's my proprietary system.
I am not here to make the strategy public in any way.
What this is
* You joining me as I trade this system live.
* You get to "look over my shoulder" to see how I think about and analyze a trade before, during and after it's done. This was one of the big "a-ha" moments when I was still learning to trade. Reading something on the internet is one thing, but actually sitting next to a very successful trader while he was trading made me throw everything I found for free online out the window. Most of it was complete nonsense honestly. Now you get to "sit next to me" while I trade (even though it's still over the internet. Yes, I get the irony in what I just said
)* One helluva crazy, fun ride!
A few last notes before the fun begins
I've created a brand new Myfxbook account for this here.
I see that I can also add the system to my profile here which I'll do shortly.
Regarding my signal service, I obviously don't send out the same crazy risk parameters that I'll be using here, but the trades are much the same otherwise.
If you have any questions or suggestions I'd love to hear from you!
Alright, I think that covers it... either I blow up my account and we can all laugh about it, or my years of statistical analysis of my system holds up and we make some magic happen... time to rock.
Albert
https://followmyfx.com
NEW TRADE ALERT 
