That's answered me as well.
- #3,261
- Mar 9, 2008 5:26pm Mar 9, 2008 5:26pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
- #3,262
- Mar 9, 2008 5:28pm Mar 9, 2008 5:28pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
LOL,
Only for my little practice account. The managed account is with SaxoBank.
That's great news Karmo
Any tips? Yeah, don't change a thing
Kind Regards
Steve
Hopefully one day I'll get to meet the person who got me into this forex world some day, Keep on pipping brother
Trade what you see, not what you think.
- #3,263
- Mar 9, 2008 6:19pm Mar 9, 2008 6:19pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
We'll meet some day I'm sure Karmo - hey, did someone say something about an engagement?
That's a great tip , thank you
Hopefully one day I'll get to meet the person who got me into this forex world some day, Keep on pipping brother
- #3,264
- Mar 9, 2008 6:22pm Mar 9, 2008 6:22pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
We'll meet some day I'm sure Karmo - hey, did someone say something about an engagement?
Trade what you see, not what you think.
- #3,265
- Mar 9, 2008 6:24pm Mar 9, 2008 6:24pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
Wow! Congrats my friend 
Actually my marriage is at the end of this month
- #3,267
- Mar 9, 2008 6:35pm Mar 9, 2008 6:35pm
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Wow! Congrats my friend
My 9-year anniversary is at the end of the month. It rocks!, no matter what they tell you!
Edit: Sorry to bust in Steve!
Trade what you see, not what you think.
- #3,268
- Mar 9, 2008 6:38pm Mar 9, 2008 6:38pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
It'll be 17 years this year for me & the long suffering wife
My 9-year anniversary is at the end of the month. It rocks!, no matter what they tell you!
Edit: Sorry to bust in Steve!
- #3,269
- Mar 9, 2008 6:42pm Mar 9, 2008 6:42pm
- Joined Mar 2006 | Status: THANK YOU MERLIN,TWEE and FF Team | 4,603 Posts
It'll be 17 years this year for me & the long suffering wife
34 years last December.
- #3,271
- Mar 9, 2008 6:46pm Mar 9, 2008 6:46pm
- Joined Mar 2006 | Status: THANK YOU MERLIN,TWEE and FF Team | 4,603 Posts
ok stevie, i cheated here
i have a few ideas of customising your system for my own use, but it will take a bit more work. right now, with your discretionary trading, you DO have an edge - pick any of my expectancy calculations you like: - but i reckon if you try to formulate your trading and repeat then you should make on average 22 pips per trade. once you get 500, 750 and then 1000 trades under your belt - recalculate as per my suggestions in earlier posts to get a more accurate long-term number.
so here is the statement, make of it what you will. and with that i shall bow out completely from FF. i'm glad i made my last post in your thread - your journal and progress is what kept my interest here for perhaps a year longer than i was expecting (as well as the mod stuff). i will try to keep contact with all the good friends i've made here,but for me it's time to move on and see where life takes me next (along with my trading i hope)...thanks everybody and good trading to you all!!!
- #3,273
- Mar 9, 2008 9:06pm Mar 9, 2008 9:06pm
was it a paper trading?
:}, so in his absence I'll try and offer some assistance."Paper Trading" is essentially Demo trading.
Not placing trades on a live account.
Carpe Divitiae
- #3,276
- Mar 12, 2008 4:17pm Mar 12, 2008 4:17pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
OK just a quick update...
My own little account continues to compound nicely - so far in March 32 trades, 31 winners and 1 loser. That makes a total of 393 winning trades and 6 losing trades.
On the managed account, start balance was $103529 mid January and by the end of February had risen by $3845 to $107374.
So far, March has been exceptional and have added a further $7538 and the balance currently stands at $114912 All positions are closed so I'm giving myself a day off 
I still can't quite believe this is happening - all I'm doing is replicating what I've done for some time on my own account and just forget about the actual money I'm trading.
Kind Regards
Steve
My own little account continues to compound nicely - so far in March 32 trades, 31 winners and 1 loser. That makes a total of 393 winning trades and 6 losing trades.
On the managed account, start balance was $103529 mid January and by the end of February had risen by $3845 to $107374.
So far, March has been exceptional and have added a further $7538 and the balance currently stands at $114912
All positions are closed so I'm giving myself a day off I still can't quite believe this is happening - all I'm doing is replicating what I've done for some time on my own account and just forget about the actual money I'm trading.
Kind Regards
Steve
- #3,277
- Mar 12, 2008 5:32pm Mar 12, 2008 5:32pm
- Joined Mar 2006 | Status: THANK YOU MERLIN,TWEE and FF Team | 4,603 Posts
- #3,278
- Mar 12, 2008 5:45pm Mar 12, 2008 5:45pm
- Joined Jun 2006 | Status: Trader | 2,512 Posts
Hey Scott
I think you said you were using a 300 pip stop loss & if I remember rightly it dived out of the recent range almost as soon as you began testing. I must admit that I was a little concerned but looks like you've come through it pretty much unscathed
8% in a month and a half is pretty good in anyone's book -excellent in fact
Thanks for posting your results so far Scott. As you say, mistakes were made but we all make those & this system is pretty forgiving as long as you are sensible and keep your head.
Kind Regards
Steve
I think you said you were using a 300 pip stop loss & if I remember rightly it dived out of the recent range almost as soon as you began testing. I must admit that I was a little concerned but looks like you've come through it pretty much unscathed
8% in a month and a half is pretty good in anyone's book -excellent in fact
Thanks for posting your results so far Scott. As you say, mistakes were made but we all make those & this system is pretty forgiving as long as you are sensible and keep your head.
Kind Regards
Steve
Well here is mine for this month. UsdCad has turned out to be a challenging pair to trade, this month for this system. I made a few mistakes, but have corrected myself since. Apparently there is a learning curve, LOL. Who knew?
Still it has made good money I think it is up 8% in a month and a hlaf. not bad with the mistakes I made to boot.
- #3,279
- Mar 12, 2008 5:53pm Mar 12, 2008 5:53pm
- Joined Mar 2006 | Status: THANK YOU MERLIN,TWEE and FF Team | 4,603 Posts
Hey Scott
I think you said you were using a 300 pip stop loss & if I remember rightly it dived out of the recent range almost as soon as you began testing. I must admit that I was a little concerned but looks like you've come through it pretty much unscathed
8% in a month and a half is pretty good in anyone's book -excellent in fact
Thanks for posting your results so far Scott. As you say, mistakes were made but we all make those & this system is pretty forgiving as long as you are sensible and keep your head.
Kind Regards
Steve
For the most part, that range has been fine. Where I made my mistakes was the same as everyone at first, leaving the danglers behind. Since then I have been more careful to follow the trend with diligence and have eliminated this situation. I wrote a quick little dashboard indicator that tells me when I have a good solid trend, on the dailys.
