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Attachments: First look at Ematrader's latest EA
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First look at Ematrader's latest EA

  • #361
  • Jan 5, 2010 6:19am Jan 5, 2010 6:19am
Quoting salvador_
i know. Pips are not important because one can have positive pips and have a negative P&L or negative pips and have profits to show. it only makes sense stating pips if we use the same position size for every trade. For someone that has a variable position sizing etc it's the bottom line that matters.

anyways if i remember correctly without reaching for my records, october increased my account around 100+% risking 1 - 1.5% per trade.

sorry for the several posts in a row
Can you please start a thread or share your simple system with us.

Thanks
Prakash
  • #362
  • Jan 5, 2010 7:53am Jan 5, 2010 7:53am
Hi All

I would love to learn a system that could safely get me 900 to 1000 pips per month.

Would anyone who has such a system please share that system with the forum.

I would really appreciate it - I recently lost my job and I need to find a new source of income.

Thanks in advance for any help offered.

Jim (MrChips)
Jim (MrChips)
  • #363
  • Jan 5, 2010 8:29am Jan 5, 2010 8:29am
Quoting MrChips
Hi All

I would love to learn a system that could safely get me 900 to 1000 pips per month.

Would anyone who has such a system please share that system with the forum.

I would really appreciate it - I recently lost my job and I need to find a new source of income.

Thanks in advance for any help offered.

Jim (MrChips)
If you are new to the Forex market, and I'll assume you are, it takes time to become a profitable trader. Some people become profitable in months and some never do. This forum is a great place to learn. Salvador has a method he uses and I'm sure he has spent alot of time refining his entries and exits. I have a method I use ( THV4 from Cobra ) and it's profitable for me. I average 200-275 pips per month on full contracts ( $10 per pip ). I'm retired so it supplements me very well but it is still work. My goal for this year is 30 pips per day.

Good luck.
txtaz
  • #364
  • Jan 5, 2010 8:46am Jan 5, 2010 8:46am
Quoting MrChips
...I recently lost my job and I need to find a new source of income...
Your first priority is looking for another job. If you've truly caught the trading bug, learn about the subject in a calm environment without the worries of paying bills.

There are a few exceptional individuals who learned to trade profitably in less than a year but that's very rare. I can assure you that the level of effort to learn to trade profitably is equivalent to earning a degree. There are many aspects to this business and you can't gloss over any of them.

Trading isn't like learning to juggle or some other parlor trick that someone can show you in a few hours.
You are in a maze of twisty little passages, all alike.
  • #365
  • Jan 5, 2010 2:01pm Jan 5, 2010 2:01pm
Quoting stevegee58
Your first priority is looking for another job....
Sound advice.
  • #366
  • Jan 5, 2010 2:31pm Jan 5, 2010 2:31pm
Thread officially hijacked. Thank god.
  • #367
  • Jan 5, 2010 5:08pm Jan 5, 2010 5:08pm
Quoting MrChips
I recently lost my job and I need to find a new source of income.

Jim (MrChips)
Dear Jim

As they say no pain no gain. This is a great place to learn, you lost your job so you have plenty of time on your hand. Study Audio, Study video, Study text, Study Charts. There are great resources for free (do not need to buy expensive books, DVDs etc) so at this time when finances are in bad shape you do not need to spend any money, although I think it is better to read large volume of text printed rather than on screen. So a printer, Ink and paper would help.

open 2 or 3 demo accounts and practice different systems, etc. I totally agree that to be successfull trader you need to 1st Degree standard (i.e. at least 4 to 6 hours per day for at least 12 to 18 months).

Good Luck.
  • #368
  • Jan 5, 2010 9:05pm Jan 5, 2010 9:05pm
Quoting salvador_
i guess it depends on the EA's.

if we're talking the normal and common EA's of scalping etc like fapturbos and megadroid's of this world, i would agree with you. but my strategy is simple enough to be transformed into an EA and I'd bet the results would be very similar to manual trading. it all depends on what the strategy the EA is based on is.
Salvador,
I would like to program an EA based on your trading style, can you let us know your simple strategy and i am sure with the help of the forum, it may be possible to have a successful EA, either semi-auto or fully automated.
thankks
  • #369
  • Jan 5, 2010 9:30pm Jan 5, 2010 9:30pm
anyone has tried to use it on demo in past two days ? any results ?
  • #370
  • Jan 5, 2010 9:43pm Jan 5, 2010 9:43pm
EMA, where are you ? Hope you haven't given up on us !
  • #371
  • Jan 5, 2010 10:09pm Jan 5, 2010 10:09pm
Don't be a hater, be a congratulater.

Thanks for the EA, its on my demo and we will see how it goes now...
  • #372
  • Jan 6, 2010 1:34am Jan 6, 2010 1:34am
i have received alot of messages regarding the system i use and how easy it can be to make 500pips a month. i know of people on the forum that make up to 5000pips and above a month, so 500pips is so small compare to what this set of guys make though there are few of them.

if its ok i can share my system here or better still start a thread
  • #373
  • Jan 6, 2010 1:48am Jan 6, 2010 1:48am
Quoting beejay
i have received alot of messages regarding the system i use and how easy it can be to make 500pips a month. i know of people on the forum that make up to 5000pips and above a month, so 500pips is so small compare to what this set of guys make though there are few of them.

if its ok i can share my system here or better still start a thread




Who wouldn’t be interested in such a system and I’m no exception .
Please post details
  • #374
  • Jan 6, 2010 1:55am Jan 6, 2010 1:55am
Quoting beejay
i have received alot of messages regarding the system i use and how easy it can be to make 500pips a month. i know of people on the forum that make up to 5000pips and above a month, so 500pips is so small compare to what this set of guys make though there are few of them.

if its ok i can share my system here or better still start a thread
i would be keen into your system as well, let me know if you start a thread.
  • #375
  • Jan 6, 2010 2:12am Jan 6, 2010 2:12am
Same here beejay, I wouldn't mind knowing either.
I can code EAs as well, so if anybody has a profitable, MECHANICAL system (a system with strict entry, exit rules) that they'd like converted into an EA, please PM me.
  • #376
  • Jan 6, 2010 2:12am Jan 6, 2010 2:12am
hi man iam looking for EA that makes 5000 pips per month it will be amazing and if u can help me and share the EA with me it will be great thanks a lot , my mail :[email protected] .

i will be happy if you got EAs that makes 500 pips a month for sure.

thanks and have a nice day .


Quoting beejay
i have received alot of messages regarding the system i use and how easy it can be to make 500pips a month. i know of people on the forum that make up to 5000pips and above a month, so 500pips is so small compare to what this set of guys make though there are few of them.

if its ok i can share my system here or better still start a thread
  • #377
  • Jan 6, 2010 3:49am Jan 6, 2010 3:49am
Quoting tokyojon
i would be keen into your system as well, let me know if you start a thread.
BRING IT ON!
  • #378
  • Jan 6, 2010 5:40am Jan 6, 2010 5:40am
Quoting beejay
i have received alot of messages regarding the system i use and how easy it can be to make 500pips a month. i know of people on the forum that make up to 5000pips and above a month, so 500pips is so small compare to what this set of guys make though there are few of them.

if its ok i can share my system here or better still start a thread
yes go on~~~
  • #379
  • Jan 6, 2010 6:32am Jan 6, 2010 6:32am
Quoting fadi66
hi man iam looking for EA that makes 5000 pips per month it will be amazing and if u can help me and share the EA with me it will be great thanks a lot , my mail :[email protected] .

i will be happy if you got EAs that makes 500 pips a month for sure.

thanks and have a nice day .
Always looking for a free handout. Find your own EAs.
  • #380
  • Jan 6, 2010 6:33am Jan 6, 2010 6:33am
Quoting beejay
i have received alot of messages regarding the system i use and how easy it can be to make 500pips a month. i know of people on the forum that make up to 5000pips and above a month, so 500pips is so small compare to what this set of guys make though there are few of them.

if its ok i can share my system here or better still start a thread
Whats the link for the thread "make 500pips a month" Hosted by BeeJay?
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