to those who can still make pips in this thin market. my chart is still messed up telling me to chill and relax... 
- #29,302
- Dec 27, 2011 8:48am Dec 27, 2011 8:48am
- | Commercial User | Joined Mar 2008 | 9,071 Posts | Online Now
Been Wokring hard on my full-time work lately.. in t middle of sea.. 
Sonic
Inserted Video
Sonic
- #29,303
- Dec 27, 2011 10:14am Dec 27, 2011 10:14am
- | Joined Jan 2010 | Status: Trader | 1,354 Posts
"Being picky only cost your time - not MONEY"...Hans
- #29,306
- Edited 1:33pm Dec 27, 2011 1:19pm | Edited 1:33pm
i will wait 1st leg of candle out of dragon. Then buy
one small confirmation to sure
All I see is that the market is on holiday...and therefore itīs the small retail traders trying to make a buck - or itīs your broker fucking with you.
LOOK AT TODAYS TOTAL SO FAR 41 F###ING PIPS
STAY AWAY and save your money for a later day. Maybe this should be my new sig...
Just some friendly advice...
Regards
H.
"The future is already written in the past"
- #29,307
- Dec 27, 2011 3:29pm Dec 27, 2011 3:29pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Hello
Still reading the thread (did i already said that it's HUGE) and learning.
I have a little question for TAH: your hit rate it's amazing, indeed you are a great trader, but is your trading profitable? I'll explain what i mean: Ok, le'ts think that for our MM every time we go market we risk 2% of our account. Our SL it's not static (for exemple, always 50 pips. It change every time) so our 2% will be sometimes 50 pips, others could be 20 or 30.
You show us your pips gain (and was simply GREAT), but that could mean nothing, since the value...
I don't think anyone is interested in how much money a trader is making. At least they shouldn't be. They should be interested in how well a trading system works when properly executed. That is really all that matters, or should matter. So, whether a trader has a lot of money, or is starting with very little, any trade posted in this manner can be evaluated based on an equal playing field for all traders.
That is the reason I am doing it the way I am doing it. And I have no intentions of changing the way I am doing it. The number of pips is all that matters. The "value" of a pip (micro, mini, full lot) is totally unimportant. If a trader boasted making $10,000.00 USD on a 10 pip trade because the trade size was 100 full lots, of what value would that information be to anyone?
- #29,308
- Dec 27, 2011 3:46pm Dec 27, 2011 3:46pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #29,309
- Dec 27, 2011 4:11pm Dec 27, 2011 4:11pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
I donīt see any clear places where the BBīs are active for making a possible buy...
All I see is that the market is on holiday...and therefore itīs the small retail traders trying to make a buck - or itīs your broker fucking with you.
LOOK AT TODAYS TOTAL SO FAR 41 F###ING PIPS
STAY AWAY and save your money for a later day. Maybe this should be my new sig...
Just some friendly advice...
Regards
H.
- #29,310
- Dec 27, 2011 4:34pm Dec 27, 2011 4:34pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #29,311
- Dec 27, 2011 6:20pm Dec 27, 2011 6:20pm
You say the value of a pip changes every time. I think what you mean is that the value of a pip is greater trading mini-lots than micro-lots, and is greater trading lots than mini-lots. Another factor you failed to mention is the spread. Some might have a broker with smaller or larger spreads than another. So, the point is to disregard trade "size" and "spreads" and simply focus on the pips gained between EP and TP/close, or the pips lost between EP and SL/close,.....this is the only way to be "universal" in evaluating a trade. By doing this,...
first thanks for the answer. Wait , i don't want to know how much money you make (i don't care if you earn 1k, 10k or 100k $ daily. That's your business and no one can ask it), i would like to know the growth potential of the account. (taking you as exemple because, from what i can see, you are probably the best here. After Sonic, of course 
). Yes, i was talking about the size, exemple: you open a position whit 1 full lot and you lose 50 pips (48+2 for the spread), whit the next trade you earn 100 pips whit a size of 0.50. In the end yes, it will be a lost of 50 and a win of 100, but the earning will be 0%.That's what i would like to know, the growth potential, what's your earning % weekly and monthly. (once again, not because i want to know how much you earn and know your business, but to see how much a master of this system can do. nothing else)
Once again, sorry for my bad english and thanks in advance
bye - #29,312
- Dec 27, 2011 6:30pm Dec 27, 2011 6:30pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #29,313
- Edited 11:09pm Dec 27, 2011 7:53pm | Edited 11:09pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Hello TAH
If you are trying to ascertain the potential for growth of this, or any other system, then the very last thing you want to do is to introduce varying size trades into the equation! I do hope you see that.
Simplistically speaking, if you average "x" pips profit per week with a system, then the growth potential calculation would require knowing the size of the account and the value of the pips (uniform size for every trade) each week. Then the calculation could be performed. However, if the trade size varies, then you need to determine the "average" value of the pips made each week. This can be complicated and different each week. The tendency would be to eventually disregard pips altogether and just look at the real $money$ made each week, which would vary. This, in turn, would eventually result in an average amount of weekly monies being used in the calculations.
If you want to set out to do this, and much later come up with valid conclusions and share them with all Sonikers, great. My focus is on trading, so I will leave this other stuff to you, or anyone else that wants to go down that road. I will say this, a trader can stick to just one size trade until the account reaches the "next level" which would allow for an increase in the one size trade. The one size trade could be determined based on using a worse case senario regarding risk for a Sonic R. System setup, and the current account size. After that, all you need is some weeks of trading to see what is the average number of pips (unvarying in value) gained per week, month, year, etc., which easily leads to the determination of the potential for account growth.
Consider this. Suppose a trader opens a $500 account, trades 2 micro lots on every trade to start, and sets SL at 50 pips max. The SL represents a 100 pip potential maximum loss, 50 pips max loss for each of the two micro lots. At $0.10 value each pip, the SL represents a potential maximum loss of $10, which is 2% of the $500 account. Now, suppose the trader averages 300 pips profit weekly, which is $30 weekly. At the end of one year the account is valued at $2060. Now suppose for the next year the trader, having an account 4x the initial size, makes the trades 4x larger: 50 pip SL x 8 micro lots equals max loss of $40, which is 2% of the $2000 account. Averaging 300 x4, or 1200 pips per week is $120 weekly. At the end of the second year the account is valued at $8,300. Again, for the third year the trade size is increased 4x, same 50 pip SL, but with a trade size of 32 micro lots (3.2 mini lots) the weekly profit is $480, and at the end of the third year the account is valued at $33,260. Similarly, at the end of four years the account is valued at $133,100. And at the end of five years the account is valued at $532,460. Of course, the idea is to, at some point, take an income from the account, which will change everything.
Hope this all helps,
-tah
- #29,314
- Dec 27, 2011 11:22pm Dec 27, 2011 11:22pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Here is part of a PM I received,
"Should you ever add an alert for the volume rising bars, then please let me know. I know there is a lot of volume during the London session, but right now there was a nice fall of EURNZD (70 pips) during the asian session which started with a volume rising bear bar."
My answer is,
I am not sure which bars you refer to. The first grouping was way before a proper SonicR entry. The second grouping was long after a proper SonicR entry. So, as I see it, an alert for these type bars is rather pointless, not to mention the fact that all this occurred outside the London session. A good move, yes, but outside the London session, probably a rarity, and certainly not based on any volume clues.
And, eegads! Look at the friggin' Alpari (US) spread!!!!!
"Should you ever add an alert for the volume rising bars, then please let me know. I know there is a lot of volume during the London session, but right now there was a nice fall of EURNZD (70 pips) during the asian session which started with a volume rising bear bar.
"My answer is,
I am not sure which bars you refer to. The first grouping was way before a proper SonicR entry. The second grouping was long after a proper SonicR entry. So, as I see it, an alert for these type bars is rather pointless, not to mention the fact that all this occurred outside the London session. A good move, yes, but outside the London session, probably a rarity, and certainly not based on any volume clues.
And, eegads! Look at the friggin' Alpari (US) spread!!!!!
- #29,316
- Dec 28, 2011 1:16am Dec 28, 2011 1:16am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #29,318
- Edited 1:53am Dec 28, 2011 1:40am | Edited 1:53am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Enter long GU at 1.56592
You are welcomed here on the Sonic R. System thread. But please be advised that Sonic's rule is "no pic., no post." Furthermore, your entries are not Sonic R. entries, as this last one was a bit early. The consensus here is that if a trade is not per Sonic R. then Sonikers really don't care about it, because this is the Sonic R. System thread. If you are trading your own signals, and not Sonic R., then maybe you should start your own thread based on how you are trading. If this current trade of yours is supposed to be per Sonic R., your entry was too soon, and a habit of doing that could end up costing you.
In any case, I agree with your long sentiment, and have been long on this since last Friday. And I think we have a good shot a profit.
-tah
- #29,320
- Dec 28, 2011 1:46am Dec 28, 2011 1:46am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
