1.6232 out half nice one
Hedge trading spieler system derived from futures spread trading
- #1,042
- Aug 12, 2008 4:17am Aug 12, 2008 4:17am
- Joined Apr 2006 | Status: Metatrader Programmer | 1,422 Posts
#Since it's some years that I'm around ForexFactory my only hope is that this thread will never become a starting point to create some sort of buisness outside ForexFactory (private website or something similar) as a lot of time happened with other thread-starter #
I am already a professional and dont need any website to get customers so dont worryeven if i dont see the problem to start a real and serious business?
Regarding: No Trading Times (Looking to open new positions when flat.)
Such as News Events: Are there any News Events that you try to avoid? NO
Daily USA Session Close: Are you concerned about staying flat near this time? NO
Holiday Seasons: Are there any Seasons like end of the year that you remain flat? already answered yes
Fridays: Do you look to being flat before Friday’s close? Not opening any new positions. NO
Sunday Evenings Market Opens: Do you consider opening any positions? No i am sleeping
Any other thoughts regarding trading times and no trading times? NO euh yes when you are sick or hangover
Such as News Events: Are there any News Events that you try to avoid? NO
Daily USA Session Close: Are you concerned about staying flat near this time? NO
Holiday Seasons: Are there any Seasons like end of the year that you remain flat? already answered yes
Fridays: Do you look to being flat before Friday’s close? Not opening any new positions. NO
Sunday Evenings Market Opens: Do you consider opening any positions? No i am sleeping
Any other thoughts regarding trading times and no trading times? NO euh yes when you are sick or hangover
- #1,052
- Aug 12, 2008 6:22am Aug 12, 2008 6:22am
spieler-
Thank you for your interesting reply.
I have been a full time trader for just over 3 years now and yes when I started I also made some of the mistakes that you talk about in your post but I never came close to blowing an account though because I have always had realistic profit expectations and I do a lot of research before trading serious money on any strategy. I don’t know why I have given you the impression that I am looking for 100% return a month.
In my opinion, if a trader can make a return of 40% /60% pa on his capital and maintain a stress free mindset he/she has probably achieved the best this market has to offer long term. There are lots of traders out there getting rich trading FX but they are getting rich slowly by steadily building up their capital base year after year. Trading, like any other business, requires research, dedication and common sense, it is not a get rich quick business. True, one in a thousand people are really talented traders who make fortunes very quickly but this is a unique gift they possess for trading and they are certainly not following any system found here at FF or anywhere else.
I have been able to be consistently profitable since I started full time trading but I would not say in a completely stress free way. I do understand that the strategy you generously share with everyone here at FF is not the Holy Grail but I do not agree that it is no better than many others here on FF. Most of these others are using lagging indicators, employing a poor risk/reward ratio and have little or no MM strategy at all. No system/strategy will work always in every type of market, there will always be risk. I like your strategy very much so I have I have been endeavoring to get a complete guide to your entry/ exit rules because MM is everything.
Please look at the table I posted and let me know if all is correct or if there are any errors please amend them. If you do not have fixed rules for every entry/ exit and are managing each trade on a more discretionary basis by relying on your many years experience trading this hedge then that's fine to, no problem, please just say so. I will stop asking about your MM rules and devise my own. Thanks.
Thank you for your interesting reply.
I have been a full time trader for just over 3 years now and yes when I started I also made some of the mistakes that you talk about in your post but I never came close to blowing an account though because I have always had realistic profit expectations and I do a lot of research before trading serious money on any strategy. I don’t know why I have given you the impression that I am looking for 100% return a month.
In my opinion, if a trader can make a return of 40% /60% pa on his capital and maintain a stress free mindset he/she has probably achieved the best this market has to offer long term. There are lots of traders out there getting rich trading FX but they are getting rich slowly by steadily building up their capital base year after year. Trading, like any other business, requires research, dedication and common sense, it is not a get rich quick business. True, one in a thousand people are really talented traders who make fortunes very quickly but this is a unique gift they possess for trading and they are certainly not following any system found here at FF or anywhere else.
I have been able to be consistently profitable since I started full time trading but I would not say in a completely stress free way. I do understand that the strategy you generously share with everyone here at FF is not the Holy Grail but I do not agree that it is no better than many others here on FF. Most of these others are using lagging indicators, employing a poor risk/reward ratio and have little or no MM strategy at all. No system/strategy will work always in every type of market, there will always be risk. I like your strategy very much so I have I have been endeavoring to get a complete guide to your entry/ exit rules because MM is everything.
Please look at the table I posted and let me know if all is correct or if there are any errors please amend them. If you do not have fixed rules for every entry/ exit and are managing each trade on a more discretionary basis by relying on your many years experience trading this hedge then that's fine to, no problem, please just say so. I will stop asking about your MM rules and devise my own. Thanks.
- #1,055
- Aug 12, 2008 7:17am Aug 12, 2008 7:17am
Richard
the 100% stuff was dedicated to you
My MM is quiet precise even if sometime i take some shortcut. i will check your last post on it.
Precise MM with some shortcuts is good. If you could check my last post that will be much appreciated.
I am working on the 100% return a month system and as soon as it's finished I will sell it to one of the big US Hedge Funds for a few hundred million and retire to the Caribbean
