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Simple Trading Method with trader101

  • #1,001
  • Sep 29, 2008 1:43pm Sep 29, 2008 1:43pm
Quoting Jimbop
gotta be a record
is that your trade Jim??? First time to reached that?? Even in Demo??
  • #1,002
  • Sep 29, 2008 1:44pm Sep 29, 2008 1:44pm
Quoting madscalp
Hi T101
Now we understood how to choose the direction of the trades (actually strong short).
So all your positions are SELL.
To understand the timing, I'd like to know when you go to close your positions ?
What signal are you waiting for that ?
Or is it only the profitlock which is working ?
Regards.
Locked Profit only
  • #1,003
  • Sep 29, 2008 1:47pm Sep 29, 2008 1:47pm
Quoting trader101
Locked Profit only
OK
Where is the script of ProfitLock ?
Thanks.
  • #1,004
  • Sep 29, 2008 1:50pm Sep 29, 2008 1:50pm
Quoting madscalp
OK
Where is the script of ProfitLock ?
Thanks.
Man you are killing me, post # 1
  • #1,005
  • Sep 29, 2008 1:51pm Sep 29, 2008 1:51pm
hehehehe
  • #1,006
  • Sep 29, 2008 1:52pm Sep 29, 2008 1:52pm
Quoting trader101
Man you are killing me, post # 1
Ok having been one of those who asked an annoying question earlier, for which I apologise.....all the answers are within the thread.

don't get too pissed T101!
TRADE FOR SWAP
  • #1,007
  • Sep 29, 2008 1:53pm Sep 29, 2008 1:53pm
hi,
with how many pairs are you trading ? always 4 pair almost ?
thx
  • #1,008
  • Sep 29, 2008 1:54pm Sep 29, 2008 1:54pm
Very sick, +2600 pips for today with 2000 already locked... Seems too good to be true, we'll see the results in a month or so...

Great work trader101 !
  • #1,009
  • Sep 29, 2008 1:58pm Sep 29, 2008 1:58pm
Ok Now i have no trade, i will like to sleep and and rest and will start looking at the IA and read economic report and watch bloomberg and all the information i can gather will be applied at the Asian OPen and perhaps make a trade there or if not i will sllep eraly and wake up at London open and watch for oppurtunity there. Also watch the chart and the trend. Now that is plan. You should have your too. Trading is not done on impulse it is being planned.
Let me suggest, what you are going to do, read, read, and read some more. Understand it look at the chart attached read even the response to lousy questions. Bookmark any post in the thread you find useful, so you dont have to ask me where is it. Most of all enjoy your winning as for me i use it for groceries and gas. See you later.
T101
Julius
  • #1,010
  • Sep 29, 2008 1:58pm Sep 29, 2008 1:58pm
Quoting trader101
Man you are killing me, post # 1
Oh sorry.... it's the ProtectAccount !!!
So. to resume, you trade all pairs in one direction with ProfitCalc and the moves of anchors pairs and you accumulate profits with ProtectAccount .
But when the trend becomes opposite, what are you doing exactly ?
  • #1,011
  • Sep 29, 2008 2:03pm Sep 29, 2008 2:03pm
Quoting trader101
is that your trade Jim??? First time to reached that?? Even in Demo??

I never usually trade more that 2 pairs......This is all very new and exciting.

also that was the 1000th post for this thread.

Congratz Kung Fu Master!!!!
  • #1,012
  • Edited 2:15pm Sep 29, 2008 2:11pm | Edited 2:15pm
I Just wanted to share with you my first trade with this method.
The profitCalc R3 said "SHORT Strong", so I say, what the hell, I'ts on Demo... half our later 2ProtectAccount (the EA) closes all my trades with $216 profit. I know it's not the enormous figures that Julius and other have been getting, but with $500/month I make a living, so I'm Soooooooooooo happy!!!!!!

Having said that, remember that today was a very special day, but I think the method haves a lot of potencial.

Once again, thank you Julius, you are my light in a dark world .

PS: Newbies: Don't be lazy, read the whole thread, it's VERY worthy!!

Good day everyone
Attached Image (click to enlarge)
Click to Enlarge Name: profit.JPG Size: 110 KB
3rd World Trading
  • #1,013
  • Sep 29, 2008 2:20pm Sep 29, 2008 2:20pm
My! My! Even without the bail out, my short kept going now reaching 3000 pips since last night. Is this too good to be true?
  • #1,014
  • Sep 29, 2008 2:26pm Sep 29, 2008 2:26pm
Quoting sam2fx
My! My! Even without the bail out, my short kept going now reaching 3000 pips since last night. Is this too good to be true?
There are particular events which explain these important variations.
  • #1,015
  • Sep 29, 2008 2:35pm Sep 29, 2008 2:35pm
Most seemed to open their 14 pairs earlier than I did this morning.
What time in GMT did you big winners open your Short trades?
Thanks
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,016
  • Sep 29, 2008 2:56pm Sep 29, 2008 2:56pm
I wonder T101, have you ever had big loosers too? I mean simply how'd you estimate the winning ratio by following your system?

Orest

Quoting matrixebiz
Most seemed to open their 14 pairs earlier than I did this morning.
What time in GMT did you big winners open your Short trades?
Thanks
  • #1,017
  • Sep 29, 2008 3:14pm Sep 29, 2008 3:14pm
protectaccount ea wont let the losses be as big as todays gains.
  • #1,018
  • Sep 29, 2008 3:18pm Sep 29, 2008 3:18pm
SIMPLE THE BEST, im so impressed ive asked all members to devote themselves to your system , in fact after the first live trading room WE WILL discussing just basic principles off HH ,LOWEST LOW TRADING TREND TRADING ECT

then all our focus will be utalizing and learning from 101 all our facilitys will be open for support to 101 and his system.

numbers may be a problem in live rooms which are available for free in many sites , but if 101 is intersted one for live free access is available for him
which is paid for by me , if not i understand , we will devote our understanding and share BETWEEN OUR SELVES THERE as well on there

this has to be potentially the greatest profit earner and system ever

congradulations 101 you are simple the best

from BRIAN
  • #1,019
  • Sep 29, 2008 3:20pm Sep 29, 2008 3:20pm
Thank you, I realize that - my question was historically how often that negative result has been obtained in relation to positive one? I don't even interested in exact numbers, just estimate...


Quoting ShadowPrince
protectaccount ea wont let the losses be as big as todays gains.
  • #1,020
  • Sep 29, 2008 3:25pm Sep 29, 2008 3:25pm
Quoting matrixebiz
Most seemed to open their 14 pairs earlier than I did this morning.
What time in GMT did you big winners open your Short trades?
Thanks
I think most of them did it at sydney market open (the time varies from one broker to another).

I didn't do it because I was still reading and understanding the whole thing. Also, I fell sleep before London Open (duh!) so I didn't catch all the action, and today at NY open market was undecided.

But you have to consider the special issues that had been happening the last couples of weeks.
As I said in a previous post, yesterday was a "Short 'em all the way to the bank day" even without this system, so lets calm down a little bit and understand that this are special results given during special times. Don't get me wrong, this is by far the greatest method I've ever seen, but 3.000 pips a day is not everyday's performance.
If you have the time, read the whole thread again before wed, because tomorrow the NYSE is closed due to Rosh Hashanah (Jewish civil new year), also the bailout may pass on this day, so expect a lot of action on wed market's open.

To all the Jewish Community out there: shana tova!!!

To the rest: happy pipin'!!!

3rd World Trading
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