hai brenzaj42. i think is depend on your choice. Might be your could open 2 separate on the same amount. by using your strategy one for intraday and one for the dailies, and you could compare both of it which one give you the highest dollar return on equity. just my 2 cents
- #43
- Nov 29, 2010 8:02am Nov 29, 2010 8:02am
Sauron, when you say "the whole point of trading", that is to say the whole point of trading as you see it. the whole point of trading to me is not to have an office job and work 40 hours a week. I keep x amount of dollars in my account and shave off x amount to live every month.
Also, you have no idea what returns I have, you know how many pips I make, there is a difference.
I am not sure why it is a crime to be a successful trader in your eyes unless you are just that jaded.
I feel bad for you buddy. Hope your day gets better.
Well you know the percentage but you don't know the dollar amount and what I said about the whole point of trading is correct. It's quite clear that you are cynical so be cynical somewhere else. I also shorted the eur/usd so good for you. I am happy for you. I'm not trying to sell anybody anything. I started the thread thinking 3D. Maybe I am trying to sell a 3D machine.LOL
I didn't say that, read again my post.
100 pips stoploss, 4000 pips gain monthly, 5% risk per trade. I know exactly the amount of returns you must have.
I've just said that I don't believe that you're doing what you pretend because the odds are against it. You could have a hidden agenda, maybe you try to sell a software related to parallel analysis (which I found rather fast with google).
Don't feel so bad for my day, I've shorted the euro a few hours ago.
- #51
- Nov 29, 2010 2:14pm Nov 29, 2010 2:14pm
- Joined Oct 2009 | Status: magic | 1,729 Posts
i doubt there would be many who make a routine 1000pips/wk, and that's without pyramiding, you would have to be up there with the best traders on the globe
a bank, prop firm, etc would love to get there hands on you, with a bit more training and access to capital, you will find yourself heading up the illuminati in no time
a bank, prop firm, etc would love to get there hands on you, with a bit more training and access to capital, you will find yourself heading up the illuminati in no time
I guess I am out of the loop on what people trading the forex rake in then. I thought everybody made a lot of pips or why else would you do it. I will explain in more detail in my trading journal but go back and look on every daily chart you can find. Put a 5ema and a 12ema on the daily chart and look at how far it goes till it crosses in the other direction. Do that for 28 pair and tell me it is hard to make 4000 pips a month. The key is the cross has to have good angle and separation to avoid "whipsaws" and it is better if it is lined up in the direction of the weekly chart. Also, using parallel and inverse analysis for confidence.
I feel like I am a freshman again on my football team, like I have to prove myself. But again this goes back to my thinking 3D thing again. Who really cares about the number of pips. If I said I could guarantee 40 pips a month. It could still have the same amount of financial success, right? You just think "3D"
I feel like I am a freshman again on my football team, like I have to prove myself. But again this goes back to my thinking 3D thing again. Who really cares about the number of pips. If I said I could guarantee 40 pips a month. It could still have the same amount of financial success, right? You just think "3D"
i doubt there would be many who make a routine 1000pips/wk, and that's without pyramiding, you would have to be up there with the best traders on the globe
a bank, prop firm, etc would love to get there hands on you, with a bit more training and access to capital, you will find yourself heading up the illuminati in no time
I believe it is the simplicity that has held people up. People want to add indicators and all that. My only filter is the cross has to look a certain way. It has to have good angle and separation, great angle and separation. If you train your eye to look for good crosses as opposed to any cross, it will hit for a high percentage but again I will get into that later. Its just the old saying, cut the losers off and let the winners run. That's is but again I will go into more detail later although there really isn't much more detail. You get the point. 
true, as long as MM is applied, one just needs consistency to be profitable, so we dont need 1000pips each week
your strategy is very straightforward, assuming you've told us everything. And as Sauron pointed out, people would have discovered it by now if it was this easy.........perhaps it's the simplicity of it that has tripped everyone up!!
and there are more cross-overs that give the signal you describe that fail, than succeed, so it will be interesting to see how you are filtering them in real time........at your...