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  • #41
  • Edited 4:39am Jan 12, 2007 4:38am | Edited 4:39am
Quoting aicccia
If I had been trading the way you trade, closing out and reopening every 10 or 20 pips, I'd say right now I might have 7-14 consecutive positive trades. Answer your question?
Thanks aicccia - nice to see you here as well. Yup, ta. Good to know you're profitable. That's all that matters at the end of the day.

So... what about peymannoor, Ironball, aicccia, sum_peh, mtcdavs, fxkenny, cruising, lionn77 and de123 all new faces here. Number of consecutive positive trades, please?
Do not focus on making money; focus on protecting what you have.
  • #42
  • Jan 12, 2007 4:38am Jan 12, 2007 4:38am
72 wins in a row is my maximum. However it was 2 years ago on an FXCM account at the time (anyone remember when FXCM was actually a tradable platform?) Anyway, I don't think I have that report anymore and if I do it could be burried on any number of harddrives around here.

I now trade in the larger compressions for overall profit, vs being so conservative I pass on good trades just to ensure not breaking my streak. It's kind of like those filters that raise your win percentage but reduce your overall profit, not a good filter.

Financial Freedom is in the larger compressions, short term scalping still makes you a slave to the computer.
The basis of a democratic state is liberty. ~ Aristotle
  • #43
  • Jan 12, 2007 4:42am Jan 12, 2007 4:42am
Quoting Vensik
72 wins in a row is my maximum.
I was with FXCM pre the Refco debacle as well. Thanks for the insight.
Do not focus on making money; focus on protecting what you have.
  • #44
  • Jan 12, 2007 4:44am Jan 12, 2007 4:44am
Quoting Why Oh Why
So... what about peymannoor, Ironball, aicccia, sum_peh, mtcdavs, fxkenny, cruising, lionn77 and de123 all new faces here. Number of consecutive positive trades, please?
And Miguel, zoopy, parker, and sum_peh. Any of you more than 10?
Do not focus on making money; focus on protecting what you have.
  • #45
  • Jan 12, 2007 4:59am Jan 12, 2007 4:59am
Yes, I played FXCM's game back and forth for a couple of years. Finally I got so fed up with having to fight the broker And the forex, I went somewhere else.

However, I'll try not to derail your thread. Most of my consecutive trades were 5-15 pip limits with 25-35 pip stops. Nowadays I trade for much better risk/reward ratios. Atleast 1.5:1 if not 3:1.

I've found it to be alot less stressfull when the deck is stacked in your favor going in to the market.
The basis of a democratic state is liberty. ~ Aristotle
  • #46
  • Jan 12, 2007 5:57am Jan 12, 2007 5:57am
19 consecutive wins, last loss was at the end of November 2006.
At the moment though, I'm at a floating loss of +100 pips...Shorting the dollar against the yen turned out to be a mistake...
Liberate me ex inferis
  • #47
  • Jan 12, 2007 6:07am Jan 12, 2007 6:07am
Quoting Ronyn76
19 consecutive wins, last loss was at the end of November 2006. At the moment though, I'm at a floating loss of +100 pips...Shorting the dollar against the yen turned out to be a mistake...
You may have noticed in an earlier post here. Nevertheless I'm sorry to read that. Good going on the 19 consecutive wins though.
Do not focus on making money; focus on protecting what you have.
  • #48
  • Jan 12, 2007 6:16am Jan 12, 2007 6:16am
Quoting Why Oh Why
And Miguel, zoopy, parker, and sum_peh. Any of you more than 10?
What about Eureka, masyook, Gogu, adam141, linuxtroll, hmpff, ktrade and Charmia. Any of you better than 10 consecutive winning trades, please?
Do not focus on making money; focus on protecting what you have.
  • #49
  • Jan 12, 2007 6:26am Jan 12, 2007 6:26am
I've had 49 consecutive winners soon after I started but this was trading on the 5m & 15m charts. If ever the position got past 10 pips profit I was so excited I'd close the trade . One big loss soon sorted me out as I didn't really understand about money management at that stage.

Now I trade off the dailys as you can see from my post and the nature of the system means that I win normally 30-40% of trades but those that do win, win big .

It's horses for courses I suppose but I am comfortable with my method, knowing its a winner long term.

Kind Regards
Steve
  • #50
  • Jan 12, 2007 7:28am Jan 12, 2007 7:28am
Quoting aicccia
hmmm....I think I've had one consecutive positive trade in a row....but I'd have to double check on that.

Your trades all are very small, like 10, 20 pips correct? I've been watching your other thread. 40, 50 profitable trades in a row is not a hard thing to manage, if all you have to do is close it before it becomes negative and keep the take profit very low, which is exactly what you do. I'd like to see you do 5 trades in a row, all profitable, and all a minimum of 50 pips. Till then you're just a gambler, and in forex, we don't think of ourselves as gamblers.

Personally I go for 100+ pip minimum per trade and right now I'm up 145 pip on a particular trade. If I had been trading the way you trade, closing out and reopening every 10 or 20 pips, I'd say right now I might have 7-14 consecutive positive trades. Answer your question?
Anywhere from 7-14 of those type of trades is very impressive aicccia, well done.
Why Oh Why, Im like aicccia, I prefer to take a big bunch of pips off the table (unless things aren't going my way). I think the best I've done is around the 8-10 mark. I would need to dig up those results to verify though.
  • #51
  • Jan 12, 2007 7:28am Jan 12, 2007 7:28am
Quoting steviet
I've had 49 consecutive winners soon after I started but this was trading on the 5m & 15m charts.
I drop in to your thread elsewhere now and again. Are you anywhere near Windsor? I was at the Berkshire Polo Club for a few days last year. I stayed at the late Winston Churchill's country home which is a hotel now. I can't remember the name. Sir, have a great day.
Do not focus on making money; focus on protecting what you have.
  • #52
  • Jan 12, 2007 7:29am Jan 12, 2007 7:29am
I have 26 consecutive winners since Dec. 08.2006 until today.
  • #53
  • Jan 12, 2007 7:49am Jan 12, 2007 7:49am
Nice one.
Do not focus on making money; focus on protecting what you have.
  • #54
  • Jan 12, 2007 7:54am Jan 12, 2007 7:54am
thank you, Why Oh Why. As to my strategy it's possible only without using stops but low leverage.
  • #55
  • Jan 12, 2007 8:05am Jan 12, 2007 8:05am
The name's changed but anybody with over 10 consecutive winning trades please post the number here.
Do not focus on making money; focus on protecting what you have.
  • #56
  • Jan 12, 2007 8:09am Jan 12, 2007 8:09am
Quoting zunis-myst
thank you, Why Oh Why. As to my strategy it's possible only without using stops but low leverage.
Ahh... a man I partly agree with. No stops. Great stuff. And my leverage will reduce as the account grows - if I have a chance.
Do not focus on making money; focus on protecting what you have.
  • #57
  • Jan 12, 2007 8:11am Jan 12, 2007 8:11am
Quoting bodge
I think the best I've done is around the 8-10 mark.
Great stuff.
Do not focus on making money; focus on protecting what you have.
  • #58
  • Jan 12, 2007 8:15am Jan 12, 2007 8:15am
Anybody else then?
Do not focus on making money; focus on protecting what you have.
  • #59
  • Jan 12, 2007 8:20am Jan 12, 2007 8:20am
Quoting Why Oh Why
The name's changed but anybody with over 10 consecutive winning trades please post the number here.
It isn't a question for beginners. And I've traded for years - and overall earnings exceeded USD1 million in the last 5 years. Just because I ask stupid questions don't mistake that for lack of knowledge.
Do not focus on making money; focus on protecting what you have.
  • #60
  • Jan 12, 2007 8:21am Jan 12, 2007 8:21am
Do you really think it makes sense to announce his/her winners? If one has about 10 or 20 winners in a row, except this information there is nothing else left.
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