Pit bull trading strategy by brijon

Yes, I understand what you are saying. I just don't want people judging the thread without trading it, just because they haven't taken the time to try to understand it.

You are clearly open to questions, so people should ask questions until they understand rather than judging a method without giving it a try.

dreamliner i blocked him i know him from past

SO IM NOT UNBLOCKING HIM

questions and answers

first/ i use 2 one demo for all
the second live acount taking signal if they are good from demo

simular to using a signal trader but on live the live account has the ablity to WATCH the trade

2nd /only the bottom slot needs to be in profit to order then then the trade of eg .o4 before profit .04 has to fill either of 3 slots and be in profit

for live one has a hugh advantage
place the order as it starts its slot down movement of the original order on demo
a confirmation of the trade so to speak

3/ bottom line is always the strongest trade it has the greatest now momentum of all currencys
the other 2 are next candidates rare moments they can become
strong candidates eg you have audusd bottom now its say +12
the second is gbpusd at +10 the third eurusd +8

this is a great indicater isnt it its showing overall trend usd are long you can trade long usd group

THE MAJORITY UNDER THE CENTER LINE CAN BE LONG OR SHORT TELLING YOU THE STRENGTH OF THE OVERALL TREND

i hope this answer the question basic trade the cureency that occupies the bottom slot the order once it enters in profit in any of the three goes into profit take the profit

i hopethis is clear you see with lukion ea depending on the time frame you want to trade you set the indicater for that time frame range

SO SAY THE RANGE OF AUDUSD IS 50 PIPS YOU SET FOR 40

SO YOU CAN LOCK YOUR ORDER WITH TAKE PROFIT OF 4O

THE SYSTEM OF PIT BULL TRADER IS VERY VERY FLEXIBLE TO YOUR SOCIAL ACTIVITIES AS WELL

im sorry i hope this answers your questions

god bless from Brian

trend bias is an important tool using the slots eg 4 short in profit 6 long

the bias can be altered to the outstanding dd orers the .05 eg by addimg to that currency or taking partial profits

its like juggling with the figures and the indicater

this is a hard concept but simple the one .01 and the same .05
if your balance is out you can talke the profit ion the indicater

if the you need a special tool in trend bias control

so for Pending trend changes this can be a poweful tool

so one can lock dd in at a level of quantity same longs or shorts

so say dd is at -500 you like the comfortof leaving it on at equal bias
and not trade till your dd and trades are in your favour

this locks the -500 in to 600 or 400 it ranges 5 percent approx if its corectly equaly balaced to longs and shorts equal

but if the trend is strong one has more lonGs on than shorts

this one needs skill and learn by practice

something to learn for most traders


trend bias how to use when to use and for what reason

im gradualy droping in game mode practice its up to you

i can write a book on learning to swim

will you be a good swimmer not with out actualy swimming

can you learn from a video

that is questiuns only you can answer

the PIT BULL TRADER IS FOR DEMO TRADING ONLY

GAME MODE

FROM BRIAN

its fraught with danger due to the current economic situation
the danger of the euro splitting into 2 euros the devaluation of currencys
are all posibilities

i would be lying to you if i said im trading live now

i may be dumb , maybe im over cautious but the real truth is i havent tradeD live for the last 2 months

im cashed up im just keeping up my skill then i dont need the money

so we all are different im realy retired now after a life time of trading for a living

trading involves focus a clear mind if you have stress in your life
and money worries this puts hugh stress on you and your ability to trade succesfuly

its my answer to anybody thats trading for a living

clear mind enjoy yourself but have patience and be prepared to enter

the market if both the market and you are stable you can make a great living

in the mean time this is the moment to hone your trading skills

sorry its not the answer many want to hear but i tell the truth as i know it

god bless from BRIAN

I do as the video I watch the .01 positions when the bottom line position shows a haelthy profit I open a new position and take profit when it is there and open a new position ever watchfull of the drawdown if that starts to go up we can not take profits

As I understand you traded in demo on thursday. started with 5K and is currently around 6.5K in the account.
Can you please let us know
1) How many trades you have taken so far ?
2) What was the biggest profitable closed trade in $ ?
3) How many open trades do you currently have excluding 10 starting trades to use as indicator for market direction ?
4) What is your current drawdown amount in $ ?

Cheers
Garfield

The only way you will ever get to understand is to open a demo account and learn the hard way

OK

instead opening the basket on demo and trading on the live account we can use this indi ( actually must be placed in the expert folder )

this one is taken from t101 simple method thread , and it simulates the basket with the slot .

the first version is the original one , the second is slightly modified by me , i have only entered the pair the brijon uses for the pitbull trader.

use it as an ea , only when the market opens, because it has to grab data from the market .

just enter the pair as brijon instructions.

Buys:
AUD/USD
NZD/USD
EUR/GBP
EUR/USD
GBP/USD
Sells:
USD/JPY
NZD/JPY
EUR/JPY
GBP/JPY
AUD/JPY

Hi trade4fun,
If you keep buying and selling and control the drawdown even though you have heaps of open trades is is not a problem as you are making a profit and controlling drawdown the advantage of keeping all trades open is you get paid the rollover on all open trades which is very profitable the downside is the number of trades is large and possibly a bit hard to handle.
One way to overcome this would be to close all trades at the end of the month and start again.
Also if you are trading live may I suggest a stop loss of 1ATR (daily) on all open positions if you adjust this everytime you walk away from your computer in theory it should never get hit unless something dramatic occurs such as Brian has aluded to.
It would not be good but at least you would be limiting the loss.
What are you thoughts on these suggestions Brian?

Can this system be automated.. or semi automated?

i have no expanding trades open yoU see as LONG as you contol dd corectly by correct bias control this is not a problem

eG on mt othER thread i showedHOWi grew the account from 10k to19k in under 4 weeks at the end oF the moth i had a postive dd not minus

the effect of 2 large oRDERS FOR swap interest is and can be dangerous

but normal say 2 swap interset has a posItive benifit used in the roll over trade CYCLES AND SEPERATE FROM THIS METHOD EXCEPT FOR REDUCING DD TO POSITIVE

as i trade buisness management style
stop loss is not used by me but as an examaple the use of the 3 currency stratagy when the bottom line of the majotity is in profit liquidate all

so this for example is good so if the sum of all is profit one can do that lquidate all


explained in another way last night on a demo testing the ea of 50tp

it took the 15 trades over night one was left in loss -59 ONE

i took the one off as a small loss leaving me with a clean sheeto drawdown

i used for this test of the ea 1 lots of each full lots for the test

but to be honest with you i dont trust eas but i think as this was only tp on 1 lot 5o is realy 5 pips take profit

so in answer to trade5 for fun persistant question

for me its nonsense

if you trade dd correct and realy understand the process of sales to stock ratio

think only you add on more sales or orders

therfore who is in control you or your method

trade4 fun looses control of dd that is clear to me

the ea would not add on any more sales it was omly a tp oindicater

so it was trading the indicater

as each profit it took auto

therfore logic tell you you are reducing the number of curencys on not adding too them

this applies to the orders you put on you are in control applying your limit of drawdown

i think one has to think eg i order is put on if it doesnt make a profit it on one position bias is incoredt in flat market side ways market you cant TAKE T the profit on the indicater for eg that means you are now three bias

eg A number game

bias 8 5 think
your indicater is now .03

say a sell comes in you need to think ?

see drawdown control is a suject you got to think

now for me i realy trade drawdown using sales stock ratios

so for me trade4 fun is as far off the mark as one can be

because i know trade4 fun simple things are hard to understand

im lost in his problem for me its clear

i offered him a join me as you have already had stumpy a brief first explanation of printing money on this medium next ill walk you thRogh the process OF NIMBERS AND BIAS

on the join me but i must warn you true drawdown control needs a lot of practice to be succesful

its a numbers game of stock control to sales based on turn over rates


so the average forex trader is lost in his consception of profit loss
i understand that hes lost in stop loss it does mot exist in buisness besides stop loss means you take a loss

a loss should be by design if youhave ordered out of sequence of turn over rates

then a monthly lquidatiom may be justified but i do it more by accident in testing eas and stupid mistakes

im a real dumie sometimes too

tricks and methods i use as i said 95 % of my time is thinking practacing drawdown any one can print money

eas are realy lazy mans thinking of making money without work

but i geusse we have a dream to set and forget and libe off a printing press lotery mrentality

ive been trying for years i cant get an ea to work for me

then ive never won a lottery rver about 1.5 k i won many years

and gave it all back uver time

i geusse eas for me are he same

GOD BLESS FROM BRIAN TILL TOMMORO OLLD FRIEND AND MATE

Hello Mr. Brijon,

Seriously though. Why are you doing this? Don't you understand that a lot of people will try to trade this thing in their live accounts. They will blow fast. For some it will be that last hope that just died. Some will lose their savings. Some will compeletely lose faith in markets, trading etc.

And no one will not make anything with this thing.

You know this. Then why are you doing this?

Sincerely,
Adi

thanks for the replies,

Brijon, i am already in your skype group and i appricate it very much. however i like this for all people to see what can happen by keeping replacing orders and adding new ones.

you are correct i do not understand drawdown well.

however as you said your system is for dummies. then why cant i ask a dummie question myself for everybody to understand in here. that way we can all learn something.

in here i show a picture of what can happen on any currency for that matter. but i use USDJPY as an example.

what would you do in this kind of situation? because of the bank of Japan intervention you suddenly end up with a huge drawdown.

sell on USDJPY - 500 pips.
buy on EURUSD = -200 pips.

most other currencies would be in a huge drawdown as well.

Thank you

in here i show a picture of what can happen on any currency for that matter. but i use USDJPY as an example.


this is the classic black swan, happens once every 3 months or so ...just use small lots , and you will do fine , 2% a day million in 2 years ........

Is it that the 10 indicator trades are on a demo account just for the purpose of finding the FX pair that is going into profit? Like the 101 method?

If not, then would it not be easier to control the draw down? Just use real account for trading say the AUD/USD? (And just hope it continues into profit , cuz there is no reason it should)

Also if a pair is in -ve why not do the opposite on a real account? Cuz obviously got it wrong on the 10 indicator trades. So if a pair that you sold is getting -ve it means you should've bought it, ie the opposite, on the real account right ? Why wait for a pair to start to show +ve.

Russ can't attach himself his results of trading for some "funny" reasons ...so i do this....

regards
Cado

Cado, is "Russ" able to help explain the method? Brijon is doing a wonderful job of trying, we're just struggling a little bit with what to do after step 3 of the PDF. I'm going to read through Brijon's answers again today and hopefully understand it a little better, but if "Russ" could help explain it that might even be better.

By the way, with results like this isn't it amazing when somebody comes in and says, "this is the dumbest, stupidest method ever?" Don't you just want to ask him, "What is it about 9% profit PER DAY that you think is stupid?"

Please thank Russ for sending this in.

hi Dreamliner

i think Russ is reading the thread and if he wants to say something he will do so......

and about 9% profit a day i think poeple aren't able to controll their greed...

regards

Russ, if you are reading this, and if you are clear in your communicating ability, could you clarify how you are trading this? The purpose of which is so that I can complete the Word and PDF files for this method.