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Pit bull trading strategy by brijon

  • #221
  • Nov 13, 2011 5:57pm Nov 13, 2011 5:57pm
Quoting Mad.Hatter
I've never posted on this forum but this strategy has me intrigued to say the least. I'm going to try demoing it this week and see how it goes. So thank you everyone for your hard work and helping me understand how this system works.

I've added 2 attachments they are modified Trader101 hedging scripts. They will open all your hedge pairs according to Brians hedge pairs on the first page.

These files go into your metatrader experts/scripts folder

(ex: C:/program files (x86)/metatrader/experts/scripts)

[u][i][b]NOTE!!! DO NOT PUT THESE IN EXPERTS...
Thanks for the scripts MH but does work for me tried 2 different MT4 demo accounts, I get the following message in experts tab

2011.11.13 23:48:54 Cannot open file 'Crogram Files (x86)FxPro - MetaTraderexpertsscriptsPit Bull Trader Hedge Script 010.ex4' on the AUDUSD,Daily

Same with the 01 script, I followed your instructions installed in Experts/ Scripts folder. Anyone else have problem or just me
  • #222
  • Nov 13, 2011 5:58pm Nov 13, 2011 5:58pm
Brijon, who are you referring to here?

Does anyone know what Brijon is talking about here? There is no context to this statement, no clear communication about what is being said.

Quoting brijon
im up loading a big video for later today

the ff leaves on the freak the thread destroer must be emploed by the crims NO ONE CAN BE THAT CRAZY OR CAN THEY


god blees from BRIAN
  • #223
  • Nov 13, 2011 6:05pm Nov 13, 2011 6:05pm
Quoting Dreamliner
Brijon, who are you referring to here?

Does anyone know what Brijon is talking about here? There is no context to this statement, no clear communication about what is being said.
A person has stared 2 threads mocking Brijon. The name is lillelise.
Q
The Only Constant Is Change!
  • #224
  • Nov 13, 2011 6:10pm Nov 13, 2011 6:10pm
Quoting spacePip
Thanks for the scripts MH but does work for me tried 2 different MT4 demo accounts, I get the following message in experts tab

2011.11.13 23:48:54 Cannot open file 'Crogram Files (x86)FxPro - MetaTraderexpertsscriptsPit Bull Trader Hedge Script 010.ex4' on the AUDUSD,Daily

Same with the 01 script, I followed your instructions installed in Experts/ Scripts folder. Anyone else have problem or just me
try manually going into that folder and pasting the script in the scripts folder.

it should look more like Crogram files (x86)fxproexpertsscript

i use smarttradefx so mine looks like:

Crogram Files (x86)SmartTradeFX ECN Metatrader 4.0expertsscripts
  • #225
  • Nov 13, 2011 6:31pm Nov 13, 2011 6:31pm
Quoting JazzmanQ2
A person has stared 2 threads mocking Brijon. The name is lillelise.
Q

Nothing positive to say or adding value anywhere...saw the thread get junked quick...what a loser(lillelise)..one bag of nauseous gas..let's not waste time..keep on a positive learning path for the betterment of all.
  • #226
  • Nov 13, 2011 6:34pm Nov 13, 2011 6:34pm
Brijon, thx v much for this thread.

can anyone help me understand this (probably requires a paradigm shift in my thinking):

instead of opening a 0.04 for the winner and closing the existing 0.01, wouldn't it be the same to just open a 0.03 for the winner, and close it when it qualifies as the winner, leaving the original 0.01 intact as an indicator?

i understand Brijon's point about the sales/ stock and treating this as a business, but the net result of the above would be the same, woudn't it?

appreciate any feedback on getting my head around this - thx
  • #227
  • Nov 13, 2011 6:46pm Nov 13, 2011 6:46pm
Quoting JazzmanQ2
A person has stared 2 threads mocking Brijon. The name is lillelise.
Q
Thank you.
  • #228
  • Nov 13, 2011 6:56pm Nov 13, 2011 6:56pm
Thanks Brian and Dreamliner for your educational postings.

Brian is truly a genius, and has come up with an awesome system, (i'm sure anyone with any sense will agree), and that if it does what it says on the box truly is 'printing money'. I'm testing it on GKFX demo account now. Ive only spent a few hours reading info on the threads, watching Brian's recent video's and practising and I can say that I have a good overall feel for the system.

Brian, if you get any flack, remember anyone that has anything intelligent to say will always be derided first before the truth is accepted. Just look into history, Jesus was crucified for speaking the truth, in the dark ages people were accused of being witches and burned alive in their thousands, until a couple hundred years ago everyone believed the earth was flat and anyone contradicting that was hanged. History is full of geniuses being punished by the ignorant. Ignore them!

Ive been trading for a few years, most unsuccesfuly. I believe that it shouldnt be difficult to make money trading, and I'm learning more and more everyday. There are just so many systems out there, and so many skills and disciplines to master, this one seems the simplest of the lot.

I'm looking forward to reading more, learning and eventually making a living from the markets. Thanks in advance for your contributions everyone.

Madhatter - Thanks for your scripts, Ive tried them like spacepip and I get the same message. They are definitely in the same folder, but the folder seems to be missing the .ex4 equivelant of the files.

Deankenny - Thanks for leading me to this very interesting conversation.

Brian and Dreamliner - I would love to vouch for you but like Dean discovered, we need 4 vouches ourselves to be able to. I think its a great system that FF has developed and will help sort the wheat from the chaff.

Keep up the good work!
Have A Great Trading Day! :-)
  • #229
  • Nov 13, 2011 6:58pm Nov 13, 2011 6:58pm
Still feeling a little unsure about this even after Dreamliners patient efforts.
Do we continue to close trades and take profits (mine is at 10ish pips) and retake the trade as per PDF (eg. from 0.01 to 0.04 and then back to 0.01 etc)? Even though our balance may be up, our equity will be below it if we continue in this way.

At what point do we close all trades, it seems to be common sense to me that we can only be in profit when our equity exceeds our balance.

Below are a couple of trades taken after Asia Open. I realise of course that to expect any profit immediately is a nonsense.

Pete

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  • #230
  • Edited 8:37pm Nov 13, 2011 7:03pm | Edited 8:37pm
If we kept banking the profits until say we had $500 and the DD on our open basket was say minus $400---if we then closed out the entire basket and banked $100 profit ---would this be a reasonable way to manage DD---presuming ofcourse that we could do this consistently? You could think of it as one trade and manage it as per normal with a sl and tp
Bit scary to leave this thing running non stop.
We are all One. Be present. Be the Observer
  • #231
  • Nov 13, 2011 7:10pm Nov 13, 2011 7:10pm
Quoting JazzmanQ2
A person has stared 2 threads mocking Brijon. The name is lillelise.
Q

Is lillelise not just asking " How does Brijon manage drawdown? "


Just a simple answer would suffice. wouldn't it?
Master your Mind,,,Master the Market
  • #232
  • Nov 13, 2011 7:28pm Nov 13, 2011 7:28pm
10K demo account.
My aim is to keep the DD below 10%.
Using all 10 pairs as recommded.

Started trading since Asian open. So far I have banked 2.3% of profits.

Will update again later in the day with my account statement.

Cheers
Garfield
Trading is SIMPLE not EASY.
  • #233
  • Nov 13, 2011 7:30pm Nov 13, 2011 7:30pm
Quoting msood
Brijon, thx v much for this thread.

can anyone help me understand this (probably requires a paradigm shift in my thinking):

instead of opening a 0.04 for the winner and closing the existing 0.01, wouldn't it be the same to just open a 0.03 for the winner, and close it when it qualifies as the winner, leaving the original 0.01 intact as an indicator?

i understand Brijon's point about the sales/ stock and treating this as a business, but the net result of the above would be the same, woudn't it?

appreciate any feedback on getting my head...
Dreamliner, thanks for simplifying the concept through your pdf - you seemed to have grasped the pit bull trading concept well, so would you be able to help me with my previous post (quoted above)?

Thx
  • #234
  • Nov 13, 2011 7:33pm Nov 13, 2011 7:33pm
I would really prefer Brijon answered questions like these: I have only stated that the method is innovative, not that I supported it, and I don't know enough about it to suggest changes or modifications of any kind.

Quoting msood
Dreamliner, thanks for simplifying the concept through your pdf - you seemed to have grasped the pit bull trading concept well, so would you be able to help me with my previous post (quoted above)?

Thx
  • #235
  • Nov 13, 2011 7:39pm Nov 13, 2011 7:39pm
Quoting JazzmanQ2
A person has stared 2 threads mocking Brijon. The name is lillelise.
Q
Lillelise is an idiot troll. Extremely annoying fuck that can't trade his head out of his ass. But he has the potential to destroy a thread.
  • #236
  • Nov 13, 2011 7:43pm Nov 13, 2011 7:43pm
Quoting garfield75
10K demo account.
My aim is to keep the DD below 10%.
Using all 10 pairs as recommded.

Started trading since Asian open. So far I have banked 2.3% of profits.

Will update again later in the day with my account statement.

Cheers
Garfield
Hi garfield, when closing the trade how many pips profit are you taking before re-opening the trade again?

Pete
  • #237
  • Nov 13, 2011 7:44pm Nov 13, 2011 7:44pm
I would be happy to vouch for Brijon. We worked together on the Kantor method a couple years ago. However, I don't have any vouchers. I have been on this forum for over 5 years. I contribute where I can and don't insult anyone. Anyone willing to vouvh for me? Just check my record... Thanks for the consideration.

SirWolf

Quoting Dreamliner
Check the number of your vouches now...
Believe and Achieve!
  • #238
  • Nov 13, 2011 7:52pm Nov 13, 2011 7:52pm
Quoting pedross
Hi garfield, when closing the trade how many pips profit are you taking before re-opening the trade again?

Pete
Varies between 5-10 pips.
I am not closing the original ten orders, which are to monitor the market.

If all JPY pairs starts dropping then I try to wait till they hit 10 pips target, but if only 1 of them drops down to the slot area, then I take the profit around 7 pips.

3.2% so far today !!!


cheers
Garfield
Trading is SIMPLE not EASY.
  • #239
  • Nov 13, 2011 8:09pm Nov 13, 2011 8:09pm
Quoting bluesteele
Is lillelise not just asking " How does Brijon manage drawdown? "


Just a simple answer would suffice. wouldn't it?

Anybody ?
Master your Mind,,,Master the Market
  • #240
  • Nov 13, 2011 8:12pm Nov 13, 2011 8:12pm
Quoting bluesteele
Anybody ?
I can't do it because that is my question, too. Right now I'm in a drawdown of 2% on my demo account and can't figure out how it is going to come back. It seems like we're simply cutting the winners short and letting the losers run.
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