Not for the faint of heart. As always, don't risk money you cant afford to lose. It's your choice to make it big quickly with risk, or make it guaranteed over time. The choice is yours.
Hello traders. I pop in once in awhile to see how everyone is doing and the new threads. As always, I use an edited version of the TMS system as my main "goto" trading style, but I'm always looking for an adventure of back-testing and more ways to get more trades. This style isn't for the faint of heart because any martingale can break you, but a high accuracy martingale can mint you. I made much of my money off systems like this, but I did it the proper way. I've made tens of thousands off simple renko systems also, but that is for another time. What is the proper way you ask? When you have a massively accurate system but your risk is higher; how do you go about not incurring that one bad streak runner? The answer is you don't. You will hit it eventually. The high accuracy is your only hope to make money most of the time. What should your mindset be for high accuracy?
You know it will work over 50% of the time and you need a bill payoff system. Make your money, but pay bills off before due dates. This is how I started. Start with the house or car payment. TAKE those winning trades (minus tax money put to the side) and put it directly to your house/car no questions asked. Those are always your largest. If you don't have a house payment for a month, two, or three, that money you make from your job is money not to get upset over spilled milk(losses). As many experts say. Don't risk money you can't afford to lose so you may need to save minimum $6000 before you use systems like this. The key is paying bills off early.....not to principal either. Most mortgages are $1000+ a month. Depending on your saved money, $500 profit per trade is what I looked for when I started with $6000.
Two good trades paid my $1000 mortgage. I eliminated fear and didn't care if I lost the $6,000. I was risking $1000 to make $500+. I use this system specifically on Nadex or Option trades because leverage can break you in martingale. A win/lose/partial win/partial loss system without NEEDED leverage(balance) is what makes this possible. If you were to trade this system in leveraged forex brokers your balance needed would be too high. I've yet to experience 4 losers in a row. You also need the money for 3 trades. We will use my $6000 as an example for starting point. Now here's the system.
Three line break candles.(Timeframe is dependent on expiry average based off one candle after the entry candle from back-testing and then you double the expiry time) You can test average expiry by looking at the last 10 signal entries. From entry candle to the close of the next candle. Bollinger Bands 20 length. Standard Deviation 2. Simple entry is a NEEDED touch of the high or low bollinger bands then the NEXT OPPOSITE color formed and you enter. It doesn't matter if the color stayed the same for any amount of candles, just look for the next opposite candle after the touch. You close the First Trade trade with 50% profit or the NEXT candle CLOSED with a small loss/small win/breakeven of the favorable color. If you (what we call) lost the trade(means you entered and the next candle closed the opposite color). Trade Two you enter with double risk following that same color it changed to. Much of the time trade two breaks you even of losses or limits the FULL loss. If it happens to go to trade 3. Trade 3 is 2 to 2.5 risks depending on money left in the account. 2.5 if you have the money......is the next touch of the high or low bollinger bands(same as first trade) and enter opposite direction of a closed candle. (closer to expiry means you'll make/lose more money so hitting 50% profit is easier). If you don't profit off the third trade the entire system resets to trade 1 to look for new trades. This system also allows losing trades to not wipe out the full trade amount because you close on the next closed candle, so you have to monitor the charts. Most of the trades do not go to expiry. I will now post images. stay tuned folks.
Hello traders. I pop in once in awhile to see how everyone is doing and the new threads. As always, I use an edited version of the TMS system as my main "goto" trading style, but I'm always looking for an adventure of back-testing and more ways to get more trades. This style isn't for the faint of heart because any martingale can break you, but a high accuracy martingale can mint you. I made much of my money off systems like this, but I did it the proper way. I've made tens of thousands off simple renko systems also, but that is for another time. What is the proper way you ask? When you have a massively accurate system but your risk is higher; how do you go about not incurring that one bad streak runner? The answer is you don't. You will hit it eventually. The high accuracy is your only hope to make money most of the time. What should your mindset be for high accuracy?
You know it will work over 50% of the time and you need a bill payoff system. Make your money, but pay bills off before due dates. This is how I started. Start with the house or car payment. TAKE those winning trades (minus tax money put to the side) and put it directly to your house/car no questions asked. Those are always your largest. If you don't have a house payment for a month, two, or three, that money you make from your job is money not to get upset over spilled milk(losses). As many experts say. Don't risk money you can't afford to lose so you may need to save minimum $6000 before you use systems like this. The key is paying bills off early.....not to principal either. Most mortgages are $1000+ a month. Depending on your saved money, $500 profit per trade is what I looked for when I started with $6000.
Two good trades paid my $1000 mortgage. I eliminated fear and didn't care if I lost the $6,000. I was risking $1000 to make $500+. I use this system specifically on Nadex or Option trades because leverage can break you in martingale. A win/lose/partial win/partial loss system without NEEDED leverage(balance) is what makes this possible. If you were to trade this system in leveraged forex brokers your balance needed would be too high. I've yet to experience 4 losers in a row. You also need the money for 3 trades. We will use my $6000 as an example for starting point. Now here's the system.
Three line break candles.(Timeframe is dependent on expiry average based off one candle after the entry candle from back-testing and then you double the expiry time) You can test average expiry by looking at the last 10 signal entries. From entry candle to the close of the next candle. Bollinger Bands 20 length. Standard Deviation 2. Simple entry is a NEEDED touch of the high or low bollinger bands then the NEXT OPPOSITE color formed and you enter. It doesn't matter if the color stayed the same for any amount of candles, just look for the next opposite candle after the touch. You close the First Trade trade with 50% profit or the NEXT candle CLOSED with a small loss/small win/breakeven of the favorable color. If you (what we call) lost the trade(means you entered and the next candle closed the opposite color). Trade Two you enter with double risk following that same color it changed to. Much of the time trade two breaks you even of losses or limits the FULL loss. If it happens to go to trade 3. Trade 3 is 2 to 2.5 risks depending on money left in the account. 2.5 if you have the money......is the next touch of the high or low bollinger bands(same as first trade) and enter opposite direction of a closed candle. (closer to expiry means you'll make/lose more money so hitting 50% profit is easier). If you don't profit off the third trade the entire system resets to trade 1 to look for new trades. This system also allows losing trades to not wipe out the full trade amount because you close on the next closed candle, so you have to monitor the charts. Most of the trades do not go to expiry. I will now post images. stay tuned folks.
Make it as perfect as you can....
