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Pit bull trading strategy by brijon

  • #341
  • Nov 14, 2011 3:25pm Nov 14, 2011 3:25pm
90 SALES 100 STOCK GO BROKE

100 SALES 100 STOCK BREAK EVEN EVENTUALY GO BROKE

125 SALES 100 STOCH SUCCESS

200 SALES 100 STOCK IN BUISNESS OF MAKING MONEY

PROFIT IS AN ILLUSION

PIT BULL TRADER TEACHES YOU

EG SIMPLE HEDGE EURUSD GBPUSD AND EURGBP

ALL LONG

WHEN TOTAL PROFIT EXCEEDS LOSS LIQUIDATE ALL

THEN PROFIT IS PROFIT

BUT WITH DD ONE MUST PUT IN STOCK (DD)

SO 1+1 =0

2-1 =1

STOCK TURN OVER FACTORS SALES MUST EXCEED STOCK


SO DAILY SALES MUST EXCEED NEW STOCK

EG 200 SALES 100 STOCK


SO ONE MUST PRACTICE DRAWDOWN IF YOU CANT DO THIS YOU MUST PRACTICE PRACTICE TILL YOU CAN

ANYONE CAN MAKE SALES A GOOD TRADER CONTROLS HIS DD RATIOS

THERE IS NO OTHER WAY THAN BE BRUTALY HONEST

if you cant learn or try to do this as long as it takes or be prepared to do this the wf are you doing trading the forex

sorry im old i have no paitence with those that dont want to learn

GOD BLESS FROM BRIAN
  • #342
  • Nov 14, 2011 3:34pm Nov 14, 2011 3:34pm
SIMPLE PRECISE ANY ONE CAN PRINT MONEY

THE REAL SECRET OF TRADING THE FOREX IS ABOVE
TRADING THE FOREX IS A BUISNESS

EQUITY SALES GROWTH STOCK OVERDRAFT FACILITY(IS DRAWDOWN )
SALES STOCK RATIO 2-1

think forex as your buisness not a toy to be played with trade your account like a buisness or just play games its your choice

not my buisness

my opinion only

i could be wrong

god bless from brian
  • #343
  • Nov 14, 2011 3:41pm Nov 14, 2011 3:41pm
Just went through the whole thread twice. Thanks to dreamliners .pdf I understand the overall thrust of it.

Have not had a chance to trade it yet, as I'm currently managing other open trades. I will however try it live with small lots probably tonight in the asian session..

I have one question though.

When you go in your first .04 trade, do you wait until that goes into profit (or goes into loss and has to be hedged) and is closed for profit, to go to the next .o1 close that and put on an .04??

That is, do you just fire off on all the .01's right after the other? Or just work one trade a time? I'm guessing one trade a time, but I just want to be clear.
  • #344
  • Nov 14, 2011 3:43pm Nov 14, 2011 3:43pm
above formula

if you spend more money than you recieve eventualy you co broke
90 sales 100 stock
100 sales 100 stock at best your surviving in this world

120 comming in to your home 100 you spend you can bank

200 dollars comming in 100 going out

your earning money


comon sense but applied to dd its essential
  • #345
  • Nov 14, 2011 3:48pm Nov 14, 2011 3:48pm
KumoDragon.My understanding is that you set all your initial 0.01 trades , then you wait for the one/s that come to profit , make sure the profit lasts 20 seconds or more and then enter the 0.04 trade in the profit direction.........then immediately clost the original 0.01 trade.

That is what I do and it works for me ,anyhow.
  • #346
  • Nov 14, 2011 3:54pm Nov 14, 2011 3:54pm
Quoting puppet
KumoDragon.My understanding is that you set all your initial 0.01 trades , then you wait for the one/s that come to profit , make sure the profit lasts 20 seconds or more and then enter the 0.04 trade in the profit direction.........then immediately clost the original 0.01 trade.

That is what I do and it works for me ,anyhow.
Yes, I understand that.

What I meant was, right after you go in your first .04 trade, say the next .01 is in profit as well, do you add that right after the first .04? So, that you'd now have two .04 going at the same time.

Or do you just manage the first .04 until it is done, (profit taken or hedged), before you move on to the next .01?
  • #347
  • Nov 14, 2011 4:06pm Nov 14, 2011 4:06pm
Quoting 4Xfactor
M,

Let me clarify something here, I would not consider Dreamliner a 'newbie', neither myself or a few others in these parts. Dummies maybe, but only because there is a gap in the understanding of what is going on ... and since Dreamliner has recently tried to bridge that gap there has been an increase in the flow of information with respect to this system/method.

Dreamliner has tried for over a year now, at least a year maybe more, to try and get some comprehensive, coherent and systematic framework in place with respective to Brijon's offerings....
Dreamliner has, bravely, undertaken the translation of Brian's unorthodox syntax into something that mere mortals can comprehend.
  • #348
  • Nov 14, 2011 4:09pm Nov 14, 2011 4:09pm
Quoting 4Xfactor
M,

Let me clarify something here, I would not consider Dreamliner a 'newbie', neither myself or a few others in these parts. Dummies maybe, but only because there is a gap in the understanding of what is going on ... and since Dreamliner has recently tried to bridge that gap there has been an increase in the flow of information with respect to this system/method.

Dreamliner has tried for over a year now, at least a year maybe more, to try and get some comprehensive, coherent and systematic framework in place with respective to Brijon's offerings....
Im not saying you are a newbie and dreamliner and I have corresponded with before as we are both in the same business dealing with CL=0.5rhoV2s, however some reading this thread will be newbies and as you say some very good traders are struggling hence my reference.

M.
  • #349
  • Nov 14, 2011 4:10pm Nov 14, 2011 4:10pm
Quoting TheDirtySerb
I am in a similar position right now Dreamliner.

Sales $5.34
DD: $6.28

....So it may be a case of increasing the lot sizes faster while the winners are winning while the losing positions that are in DD are still on their original smaller lot size.


BINGO, that statement deserves merit!
  • #350
  • Nov 14, 2011 4:14pm Nov 14, 2011 4:14pm
Started with $5000.00 now $8322.31 this works if you keep it simple i am just following Dreamliners PDF.
working on the drawdown by taking a hedge on all positions that start to go to far into drawdown eg if I buy a position and it goes from the bottom to the top I hedge it till it starts to work its way down again
  • #351
  • Nov 14, 2011 4:27pm Nov 14, 2011 4:27pm
KumoDragon. My understanding is that you enter 0.04 trades as the 0.01 trades come to profit, thus you may have several 0.04 trades running concurrently.
As soon as you close a 0.04 trade you then reenter a 0.01 trade again.
  • #352
  • Nov 14, 2011 4:30pm Nov 14, 2011 4:30pm
Quoting Stumpy1
Started with $5000.00 now $8322.31 this works if you keep it simple i am just following Dreamliners PDF.
working on the drawdown by taking a hedge on all positions that start to go to far into drawdown eg if I buy a position and it goes from the bottom to the top I hedge it till it starts to work its way down again
What is the fix for this for those of us in the states who cannot hedge the same currency ?

Obviously we can open a sub acct and hedge that way but this strat is fairly tedious as it is and bringing that into the equation would certainly complicate things even further.

Brijon has mentioned a few times about what to do for US traders but I cannot make heads or tails of it but I know he is trying.
  • #353
  • Nov 14, 2011 4:38pm Nov 14, 2011 4:38pm
Quoting daft
What is the fix for this for those of us in the states who cannot hedge the same currency ?

Obviously we can open a sub acct and hedge that way but this strat is fairly tedious as it is and bringing that into the equation would certainly complicate things even further.

Brijon has mentioned a few times about what to do for US traders but I cannot make heads or tails of it but I know he is trying.
Yes, I would like a definate answer for the US traders as well. So, far all that I can gather for US traders, is that we:

A: Don't worry about it until we hit our DD limit. That is if your DD hits x percent overall, then we do a sinthetic hedge against the losing .04 trades.

B: Just keep taking the .04 trades as that come and hope they hedge the previous .04 losers. In other words keep doing the method as prescribed before hitting max allowed DD and it could just work it'self out.
  • #354
  • Nov 14, 2011 4:45pm Nov 14, 2011 4:45pm
Quoting KumoDragon
Yes, I would like a definate answer for the US traders as well. So, far all that I can gather for US traders, is that we:

A: Don't worry about it until we hit our DD limit. That is if your DD hits x percent overall, then we do a sinthetic hedge against the losing .04 trades.

B: Just keep taking the .04 trades as that come and hope they hedge the previous .04 losers. In other words keep doing the method as prescribed before hitting max allowed DD and it could just work it'self out.
Thx kumo. I was thinking about something along the lines of your first example. Our model would be reduced to 8 pairs however. Example would be to keep G/J on the sidelines for shorts and G/U on the sidelines for longs....or whichever you choose. If one of your .4 shorts is getting killed throw in a long on G/J, it moves pretty fast so you may be able to get back to even fairly quickly. Obviously that is the ideal scenario and it could go against you however.

Not sure if this is the most ideal way to approach it, still getting the hang of it.
  • #355
  • Nov 14, 2011 4:52pm Nov 14, 2011 4:52pm
Quoting daft
Thx kumo. I was thinking about something along the lines of your first example. Our model would be reduced to 8 pairs however. Example would be to keep G/J on the sidelines for shorts and G/U on the sidelines for longs....or whichever you choose. If one of your .4 shorts is getting killed throw in a long on G/J, it moves pretty fast so you may be able to get back to even fairly quickly. Obviously that is the ideal scenario and it could go against you however.

Not sure if this is the most ideal way to approach it, still getting the hang of it....
As far as the sinthetic hedge goes to make up for the .04 loss, I would guess, that you would still keep all .01's for the original hedge/price action indicator indicator. It would only work out better for you, because if you were doing a sinthetic hedge on the pair and an .01 trade on the same pair, they would work together to manage the DD.

I don't know though that's just what I'm thinking, since it's a sinthetic hedge and not one of the regular trades, you wouldn't apply the rule of taking off the .01.
  • #356
  • Nov 14, 2011 5:00pm Nov 14, 2011 5:00pm
Quoting Stumpy1
Started with $5000.00 now $8322.31 this works if you keep it simple i am just following Dreamliners PDF.
working on the drawdown by taking a hedge on all positions that start to go to far into drawdown eg if I buy a position and it goes from the bottom to the top I hedge it till it starts to work its way down again
I wish I could do that. My government tells me: No more 100:1 leverage; only 50:1, NO MORE HEDGING SAME CURRENCY PAIR, and FIFO (first in, first out). Just cuts me off at the knees with this awesome method. Have to work 3x as hard with all these disadvantages. Why is my government trying to keep us forex traders down? Really ticks me off....
  • #357
  • Nov 14, 2011 5:07pm Nov 14, 2011 5:07pm
Itīs not a hedge, we are trading almost only USD/JPY, so if we are long and the pair go short for a long run, itīs imposible to control the DD.

Letīs make a test, open two accounts, fist go long on the fist five pairs, and on the second go short on the fist five pais, try to control the DD on both accounts and try to be in profit on both. I guess you will not be able.

The account, that is on the rigth side of USD/JPY direction, will be in profit and the other not.

The sistem could work, but we need more direct information and less enigmas, things like, if your DD is beyond -8% u do this, after it came to -5<DD<0 u do that.

Maybe a step by step.

Sorry bad english.
Suba
  • #358
  • Nov 14, 2011 5:27pm Nov 14, 2011 5:27pm
Another light bulb moment... why dont we open up 2 DEMO Accounts, one to act as our indicator and the other one to trade?
  • #359
  • Nov 14, 2011 5:31pm Nov 14, 2011 5:31pm
Quoting Ann
I wish I could do that. My government tells me: No more 100:1 leverage; only 50:1, NO MORE HEDGING SAME CURRENCY PAIR, and FIFO (first in, first out). Just cuts me off at the knees with this awesome method. Have to work 3x as hard with all these disadvantages. Why is my government trying to keep us forex traders down? Really ticks me off....
Because the group that oversees forex has a direct monetary interest in futures and is trying to drive forex traders to that.
  • #360
  • Nov 14, 2011 5:34pm Nov 14, 2011 5:34pm
Did I just give away the grail?

Quoting guess121
Another light bulb moment... why dont we open up 2 DEMO Accounts, one to act as our indicator and the other one to trade?
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