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Pit bull trading strategy by brijon

  • #181
  • Nov 13, 2011 12:34pm Nov 13, 2011 12:34pm
Dreamliner, thank you for the pdf ,good work ,concise and understandable!!
Of course, many thanks to Brian as well.
Armed with this information , tomorrow I shall commence practicing and thus discover the bugs in my understanding.
  • #182
  • Nov 13, 2011 12:39pm Nov 13, 2011 12:39pm
I'm right there with you Puppet, will demo it as well. The one thing that eludes me, and that is the crux of this whole system, is how to manage drawdown. As of right now, all I know to do is stop taking the profits and let drawdown recover somewhat. If anyone has a better understanding please let us know.

Quoting puppet
Dreamliner, thank you for the pdf ,good work ,concise and understandable!!
Of course, many thanks to Brian as well.
Armed with this information , tomorrow I shall commence practicing and thus discover the bugs in my understanding.
  • #183
  • Nov 13, 2011 1:01pm Nov 13, 2011 1:01pm
Quoting Dreamliner
I'm right there with you Puppet, will demo it as well. The one thing that eludes me, and that is the crux of this whole system, is how to manage drawdown. As of right now, all I know to do is stop taking the profits and let drawdown recover somewhat. If anyone has a better understanding please let us know.
i understand somewhat especially from my demoin

You have all ten original trades and also any profit taking and trades newly taken all on the SAME ACCOUNT i repeat THE SAME ACCOUNT this will not work with 10 open in demo then only taking the pair at the bottom in another account, it WILL NOT WORK!!

The whole idea of this method is to keep everything at an equilbrium while taking profits alot along the way hence the term "PRINTING MONEY"

DD will control itself if you are able to consistenly monitor your basket opening trades the the bottom for 0.04 then if it goes bad you wait for another 0.01 to come into profit comfortably then replace that with a 0.04 trade over time things will equal out according to the law of averages, )only difference is you keep taking profits all along the way
  • #184
  • Nov 13, 2011 1:05pm Nov 13, 2011 1:05pm
That helps, thank you.

So to summarize, ALL we really do is keep taking profits off the bottom, or stop taking profits until drawdown reduces.

Also, what do we do when the .04 is in profit and we close that trade? Do we then open up a .01 (of that same currency) again? Or .04?

Quoting deankenny21
i understand somewhat especially from my demoin

You have all ten original trades and also any profit taking and trades newly taken all on the SAME ACCOUNT i repeat THE SAME ACCOUNT this will not work with 10 open in demo then only taking the pair at the bottom in another account, it WILL NOT WORK!!

The whole idea of this method is to keep everything at an equilbrium while taking profits alot along the way hence the term "PRINTING MONEY"

DD will control itself if you are able to consistenly monitor your basket opening trades the the...
  • #185
  • Nov 13, 2011 1:10pm Nov 13, 2011 1:10pm
Quoting Dreamliner
That helps, thank you.

So to summarize, ALL we really do is keep taking profits off the bottom, or stop taking profits until drawdown reduces.

Also, what do we do when the .04 is in profit and we close that trade? Do we then open up a .01 (of that same currency) again? Or .04?

i can't confirm 100% with Brijan because of the obvious communication etc but from the understanding and hard study of the videos etc

u wait for 0.01 to be in profit and stable close it, and open a 0.04 of that trade now if that comes to profit and is comfortable u close that and reopen the .01 again as thats the indicator so not only u taking profits of the 04 trades but also every time u close a 01 ur also taking profits its an easy way of consistently "PRINTING MONEY"

of the 04 goes bad then yes DD will increase but with that at some point another 01 will go into profit then u open you 04 of that trade, thn if that goes bad then your original 04 that was going bad should be coming back into the plus now, do you get this? the DD is controlled by consistent watch of the pairs and closing and opening

the only difficulty i had was going to sleep with all this open, but i found at the end of each trading day my equity which includes alll open trades was above my starting balance for that day anyway so i closed everything for a profit on the day and went to sleep.

Woke up and repeated the process the next day
  • #186
  • Nov 13, 2011 1:12pm Nov 13, 2011 1:12pm
Thank you Sirs, Brian and Dreamliner...will graciously accept(keep thread free of negativity) what is given for free and learn on Demo. I realize with all systems there is not a sure fire mechanical robotic response to every nuance in the market place. You can only get there by repetitive actions in the real market. Printing money is just the houskeeping maintenance piece but what separates the long term success or failure is managing your business(the balance of inventory versus orders) and how one is consistenly able to do that to preserve and grow one's capital.
  • #187
  • Nov 13, 2011 1:17pm Nov 13, 2011 1:17pm
Hey Brijon, I think you will want to hear this: I think I finally get it! Dummies can learn, if they just ask enough questions, and if their teacher is patient enough and willing to continue to explain.

Thank you also DeanKenny, your explanation below is very helpful.

Quoting deankenny21
i can't confirm 100% with Brijan because of the obvious communication etc but from the understanding and hard study of the videos etc

u wait for 0.01 to be in profit and stable close it, and open a 0.04 of that trade now if that comes to profit and is comfortable u close that and reopen the .01 again as thats the indicator so not only u taking profits of the 04 trades but also every time u close a 01 ur also taking profits its an easy way of consistently "PRINTING MONEY"

of the 04 goes bad then yes DD will increase but with that at some...
  • #188
  • Nov 13, 2011 1:20pm Nov 13, 2011 1:20pm
Quoting Dreamliner
Hey Brijon, I think you will want to hear this: I think I finally get it! Dummies can learn, if they just ask enough questions, and if their teacher is patient enough and willing to continue to explain.

Thank you also DeanKenny, your explanation below is very helpful.
no problem, once you wrap your head around how the DD is kept at a steady level it all starts to fit into place, well it did for me at least.
  • #189
  • Nov 13, 2011 1:25pm Nov 13, 2011 1:25pm
Dear all,

If you have benefited from this trading methodology, or even if you just see light at the end of the tunnel, would you take just one second and click on Brijon's username and vouch for him? It's real easy, just click on his username and scroll down to where you can vouch.

The reason I am suggesting this is because Brijon has had some people slam him for both his methods and his manner of communicating, and this would be a huge "pat on the head" for our Pit Bull leader here.

This method is truly revolutioinary, and you must admit that Brijon has gone out of his way to start the method, record videos, put up with dummies like me who keep asking questions until it becomes clear, and overall make himself available to us all. That deserves a vouch.

Thank you for considering this.
  • #190
  • Nov 13, 2011 1:27pm Nov 13, 2011 1:27pm
Quoting Dreamliner
Dear all,

If you have benefited from this trading methodology, or even if you just see light at the end of the tunnel, would you take just one second and click on Brijon's username and vouch for him? It's real easy, just click on his username and scroll down to where you can vouch.

The reason I am suggesting this is because Brijon has had some people slam him for both his methods and his manner of communicating, and this would be a huge "pat on the head" for our Pit Bull leader here.

This method is truly revolutioinary, and you must admit...
i am more than happy to do this, but i cant do it i have onevouch myself and i think you need like 2 or 3 vouches before you can vouch for other people.
  • #191
  • Nov 13, 2011 1:28pm Nov 13, 2011 1:28pm
Deankenny , thanks for the concise explanation.This together with Dreamliner's work makes it possible to so easily understand.
I do have some reservations and questions but will abstain until I have practiced this trading style.
  • #192
  • Nov 13, 2011 1:29pm Nov 13, 2011 1:29pm
Check the number of your vouches now...

Quoting deankenny21
i am more than happy to do this, but i cant do it i have onevouch myself and i think you need like 2 or 3 vouches before you can vouch for other people.
  • #193
  • Nov 13, 2011 1:30pm Nov 13, 2011 1:30pm
these ff sites are old sites of mine where you can find hugh informtion on things you dont understand including videos ect made on many of these subjects ive coverd in debth including roll over tripple swap
discussions

on this site utubeive made about 200 videos on draw down and other subjects
http://www.youtube.com/my_videos?feature=mhee

other ff threads ive been on
Brijons advanced traders multi-currency strategies
http://www.forexfactory.com/showthread.php?t=293904
on here is recent videos on dd control ect

previous threads
On My thread the amazing 3mw ive started to show via videos methods i use in trading
Most of the trades have been put on there for reference go to
http://www.forexfactory.com/showthread.php?t=242404


prevous threads
Brijon Advanced Forex Trading Concepts
http://www.forexfactory.com/showthread.php?p=5128506#post5128506.

rollover thread read first 10 pages
this thread was the start of my horendusff begining on talking of trading the tripple swap
roll over (carry trades) that can be used for good hit rates
http://www.forexfactory.com/showthread.php?t=67211
  • #194
  • Nov 13, 2011 1:34pm Nov 13, 2011 1:34pm
Dreamliner, I would galdly vouch for Brian and you but am unable as I have no vouchers to my name.
However I express my deep appreciation for yours and Brian's efforts so freely given ,purely as help to all the traders and would be traders who have an open mind and are willing to learn something new.
As for the closed minded nay sayers.........good luck to them..........seems like they like to destroy without even attempting to learn.
  • #195
  • Nov 13, 2011 1:35pm Nov 13, 2011 1:35pm
Dreamliner, i still cant vouch, or at least i think i cant

I click the username and have nothing anywhere to vouch for someone.

I will take another look when i get in, for now i got a football match to play, speak later
  • #196
  • Nov 13, 2011 1:42pm Nov 13, 2011 1:42pm
Puppet, I vouched for you, based off of this post alone. You are helping to bring positive posting in and make it popular.

I don't know if anyone in the USA noticed, but Newt Gingrich has helped to change the entire method of debating: the GOP debates have gone from negative, deriding fellow republicans, to positive uplifting debates. I'm neither democrat nor republican, nor do I wish to bring politics into this forum, I'm just saying that one person can make a wonderful positive difference, just as you did in this post Puppet.

P.S. I wasn't looking for vouches for myself, but I do think Brijon deserves many of them.

Quoting puppet
Dreamliner, I would galdly vouch for Brian and you but am unable as I have no vouchers to my name.
However I express my deep appreciation for yours and Brian's efforts so freely given ,purely as help to all the traders and would be traders who have an open mind and are willing to learn something new.
As for the closed minded nay sayers.........good luck to them..........seems like they like to destroy without even attempting to learn.
  • #197
  • Nov 13, 2011 1:47pm Nov 13, 2011 1:47pm
Dreamliner, thank you.
Brian started sharing information freely , you took on the challenge and brought in concise clarity.
Me, all I can do is give positive support and encouragement to the spreading of knowledge , in the hope that open minded folk can benefit from the joint efforts.
  • #198
  • Nov 13, 2011 1:58pm Nov 13, 2011 1:58pm
Quoting deankenny21
i can't confirm 100% with Brijan because of the obvious communication etc but from the understanding and hard study of the videos etc

u wait for 0.01 to be in profit and stable close it, and open a 0.04 of that trade now if that comes to profit and is comfortable u close that and reopen the .01 again as thats the indicator so not only u taking profits of the 04 trades but also every time u close a 01 ur also taking profits its an easy way of consistently "PRINTING MONEY"

of the 04 goes bad then yes DD will increase but with that at some point...
Thank you Deankenny,

very, very good explanation.

I think i am starting to understand, finally!

I followed another of Brian's threads a few months ago but I could 100'% grasp the drawdown management.

This explanation should be in the 1st post of the thread.

Thanks for sticking with us Brian!
  • #199
  • Nov 13, 2011 2:05pm Nov 13, 2011 2:05pm
ill read your latest pdf short scan ill have to corect some things on this latest update

page 1 front page of the thread is perfect


but ill have to sort out and correct your latest DREAmliner

my first affray on the forex factory saw me caught in the mire of

the forex factory thread destroyers , the crazies the manipulaters

of the forex factory

i was naive a baby in the woods manipulated abused a real sucker

its not a thread im proud of

one month after that thread i finaly closed i had the largest profit month of my entire previous years trading the forex

i learn one lesson i should have block all the crap from page 10


but the fist 10 pages reading gives you an insite into swap interest trading


next ive developed a rouges gallery for my self so i have a list of the worst of late

now the latest cant come on here but ill
block them on here

AND NAME THEM IF THEY CONTINE TO TRY AND RUIN THIS THREAD

so if one wants there is a libary of subjects ive covered in previous threads

utube is the latest videos of made over the last several months

before that i made over 500 videos on forex trading

trading methods change over time what works today. tommoro its
irrelevant

but the flow of money is still a hugh influence on the forex

so i believe the understanding of the roll over trade the tripple swap is still as relavent today as yesterday

in conclusion thank you loyal friends and especially to the early days

of friends skye loyal group that stood by me in the dark days

and believed in our quest

i think russel and dave understand my metholgy best

they just listened and listen till they saw through and sorted till they saw the light in the tunnel of understanding my crazy methods of trading the forex

god bless my skype group who sortlike me the truth of trading the forex

i am a por teacher but in essence i believe the real secret of trading the forex is by giving we gain 1000 x more than we gave

sometimes in life we all owe so much to a power far more than our owm ego to succeed i call the power of THE SUPREMe universal TRUTH

GOD BLESS YOU FROM BRIAN
  • #200
  • Nov 13, 2011 2:10pm Nov 13, 2011 2:10pm
Hi there :

can anyone please feedback regarding this form and this method if it really works and not just waste of time ?

am asking also if there is anyone that use it in live account and how long is the method works for him and results also ?!

Thanks ,
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