Pitbull Trader with Position Building | Page 15 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EA open position on demo, but not open position on real account. Any Comment 7 replies

Close Losing Position, Set Trailing Stop to Winning Position 2 replies

Extreme long term Hedged Carry Trade Position Building journal 15 replies

What is "Building a Position" 4 replies

Long position or short position 6 replies

Attachments: Pitbull Trader with Position Building
Exit Attachments

Pitbull Trader with Position Building

  • #281
  • Jan 10, 2012 4:05am Jan 10, 2012 4:05am
Quoting courtneywild
Thats me done for today...

All trades and basket closed until the morning.

First three days of 2012 below.
This method is worth the time invested in learning it.
Once again the hedge on the top pair worked well.

this looks properly done - is this done demo or live sir?

not like most i see which are more like wild swing s in p.l. i think this is good hedging at work here.

unlike what i saw with most of other results - anyways this looks like a "should-be" acount history. minimized loss, maximized profit i mean u can tell from the guy;s p.l's .. his loss is barely 1:1 to his wins
Have I got something on my face, SOLDIER?
  • #282
  • Jan 10, 2012 4:10am Jan 10, 2012 4:10am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting bumapatria
this looks properly done - is this done demo or live sir?

not like most i see which are more like wild swing s in p.l. i think this is good hedging at work here.

unlike what i saw with most of other results - anyways this looks like a "should-be" acount history. minimized loss, maximized profit i mean u can tell from the guy;s p.l's .. his loss is barely 1:1 to his wins
this weeks results will be good to see too - market is long, which in theory makes pitbull harder to trade if it's Jpy leading the way, seems pairs are still balanced for now though.
  • #283
  • Jan 10, 2012 4:44am Jan 10, 2012 4:44am
Account up 26% so far this month using pitbull, early days but will see how it goes
  • #284
  • Jan 10, 2012 5:25am Jan 10, 2012 5:25am
Quoting bumapatria
this looks properly done - is this done demo or live sir?

not like most i see which are more like wild swing s in p.l. i think this is good hedging at work here.

unlike what i saw with most of other results - anyways this looks like a "should-be" acount history. minimized loss, maximized profit i mean u can tell from the guy;s p.l's .. his loss is barely 1:1 to his wins

Hi bumapatia.

This is in demo. I would not go live for a month.

Cheers
  • #285
  • Jan 10, 2012 6:14am Jan 10, 2012 6:14am
Hi all,
Do I use this as script or as RA?
How do I change parameters to get different pip values to protect acount or to take profit?
Thanks.
Sasa

Quoting ES Trader
Here it is
  • #286
  • Edited 8:06am Jan 10, 2012 7:46am | Edited 8:06am
Now follow on fromy last post..
This is real time....ALL BUYS...DD is in profit....
I started with the negative...and now...Should I take the profit and run..
No I will continue Trading.

DEMO realtime...Do risk more than you are willing to loose...
DEMO feel the freedom to do all you can..with a system..do not just sit there and follow steps 1-2-3....
Attached Image (click to enlarge)
Click to Enlarge Name: pitbuljan9week-5.png Size: 304 KB
  • #287
  • Jan 10, 2012 7:56am Jan 10, 2012 7:56am
Hi all,
Does anyone has a script where I could open muliple pairs all at once but i have the freedom to chose which one and if they are buy or sell orders?
For example I whant only 3 pairs, 1 buy and 2 sell orders. Beffore I get the Ok to execute I enter my parametars.

Lot to ask I guess, but search on FF is from reasent time crap. I guess admins whanted to be biget Chatocis then Pope ;-) they give us "better" option that we dont need and then f... up the web site. Same like MS office , Google or Facebook. LOL. What do we know! They know what we need. It was perfect before and now they included Google and is crap. You can not find anything any more. If you need spacific stuff you know is there, you can forgt it.

BR

Sasa
  • #288
  • Jan 10, 2012 8:00am Jan 10, 2012 8:00am
Quoting mjws00
It is random because you are starting to measure from a random point. When a pair hits the bottom to trade is arbitrary. When you decide it is stable and buy it is arbitrary. When you close it is arbitrary. Where is the edge, who is on the other side of your trade? How do you know when you are wrong?

If you are filtering by buying above the open and closing below, now you must discard valid pitbull signals. You aren't printing money any more you are trading, and the tool set being used is limited.

I had a number of great days with this system....
It doees mean because you analyze the market direction you will be correct in the future becuase you use technical stuff...

even if you are a conservative technical trader...making pin point entry using proper lot size and OH making RANDOM ENTRIES..It hard to BREAK IT DONT YOU GET IT>>>DD COMES because the cirlce..and you DD have to give your dollars...becuase of hedge and automatically winning using the SWAP on the AUD ...

There is noo wrong or right way to do it...it UP the you ...man....

OFF SCREEN thinking....

I tried hard to breakit....but

Dont Risk more.than you are willing to looose.....That's why ppl came back and say..Oh it doesn't work..because they are greedy.....

You can Print money non---stop...and that get ppl and they load up on postion size...

Think about it...

How I'm trading...makes do difference you the indicator and your own Technical styl for confirmation....but bal the Profit column


use limit orders at key spot, buy stops and sell stops..FIB , Etc...

I cant say nothing more..
  • #289
  • Jan 10, 2012 8:16am Jan 10, 2012 8:16am
Quoting chips
It doees mean because you analyze the market direction you will be correct in the future becuase you use technical stuff...

even if you are a conservative technical trader...making pin point entry using proper lot size and OH making RANDOM ENTRIES..It hard to BREAK IT DONT YOU GET IT>>>DD COMES because the cirlce..and you DD have to give your dollars...becuase of hedge and automatically winning using the SWAP on the AUD ...

There is noo wrong or right way to do it...it UP the you ...man....

OFF SCREEN thinking....

I tried hard to breakit....but...
okay ur results are there. but in the end its a demo. okay u say its real u treat it real - fair enough. how bout try to focus on those nice wins instead? review those setups and trade those kknd of trades. i mean i saw many 100 pip trades - just try doing that wihtout he rest of the other paper losses woldnt that be great?

just my opinion.

if ure doing well.. ure doing well.

honest question : can your psychs take this kind of trading live? if u can make profit demo - would ur psychology be able to handle the pressure (if any which i think there is pressure with this type of trading) .

its actually a good concept this whole pit trading thing - but in the end is it profitable for you when u go live?

im not being against this method - i am criticizing it in a neutral manner - i hope im polite and not offensive
Have I got something on my face, SOLDIER?
  • #290
  • Edited 9:08am Jan 10, 2012 8:47am | Edited 9:08am
Quoting bumapatria
okay ur results are there. but in the end its a demo. okay u say its real u treat it real - fair enough. how bout try to focus on those nice wins instead? review those setups and trade those kknd of trades. i mean i saw many 100 pip trades - just try doing that wihtout he rest of the other paper losses woldnt that be great?

just my opinion.

if ure doing well.. ure doing well.

honest question : can your psychs take this kind of trading live? if u can make profit demo - would ur psychology be able to handle the pressure (if any which i think...
Give Traders a system to trade DEMO or live they will all have different returns...

MY psych. is for me....I just showing...what B has been saying...using
Controling..DD. LOSS PROFIT LOSS..

NO need to sit and pick entries...and give your self a pat on the back...I'm smart..look at that.. I predicted something...

I let the RAW DATA from MT4 tell me when and what type...and to HOLD on ...If it up I stay in or if its down...flowing..

Look Today is a buy market...and the RAW ...DATA from the pitbull thing
will be scrambled...if the thing change..got it....

I can get out there...and go in DD..or close the basket. or STOP taking trades...printing money as B..said.

What is hard....Things is how you trade for a living...using the Live DATA in mt4...and think Profit...

Generate Sales...grow you account...control the DD and increase you equity...with the Trend...

A great trader once said..if theres is no momentum after entry he get out...

And we have a indicator that gives up instant change in momentum...than calculating some avg...price and lagging...or Leading....it's NOW..

What is happening is NOW.....Price is NOW...

Easy concept is hard to follow...I'm not here to change ppls
mind...I'm just here with a free mind...free spirit.....not clouded by judgemental BIASES...DEMO or REAL...

IT is what is it...RAW DATA in MT4...NO candles...control DD. taking trades
  • #291
  • Jan 10, 2012 8:52am Jan 10, 2012 8:52am
Quoting chips
Give Traders a system to trade DEMO or live they will all have different returns...

MY psych. is for me....I just showing...what B has been saying...using
Controling..DD. LOSS PROFIT LOSS..

NO need to sit and pick entries...and give your self a pat on the back...I'm smart..look at that.. I predicted something...

I let the RAW DATA from MT4 tell me when and what type...and to HOLD on ...If it up I stay in or if its down...flowing..

Look Today is a buy market...and the RAW ...DATA from the pitbull thing
will be scrambled...if the thing change..got...
i like ur tone and attitude btw time to change mine.

if u talk price - go into price action instead. if u talk indicator ure talking of a quant sort of trading methodology (if u know all the formulas and all).

ur "sales" like ur some supermarket woman and ur "basket" and "profit" with "raw data" u do realize is a statistical average right? why cant u just trade the profit trades and leave the losers out?

unless the point of this system is to profit AND lose equally (or feel sorry to win so u can lose as well consistently) its just not making sense for me.

no offence to anyone else. everyone has been polite till mrs. chips started to get all mad and throw me all sorts of thigns from her basket of sales and products.
Have I got something on my face, SOLDIER?
  • #292
  • Jan 10, 2012 9:05am Jan 10, 2012 9:05am
PPL say random trades...with momentum....I've showed how to get there from the indicator.

I've showed ..how to stop trading and let the cycle completes...in each time frame..

I'ev showed even if you make mistakes....on one entry of even two of even 3 ..the circle comes back...

I've showed patience while taking trades...

I've showed...the hedge running constantly..and minor deviation in the DD when balanced.

I've showed...The NOW Trend in MT4..

Ive showed hedging..

I've showed....Running my DD UP and Down

I've showed...Constant profit....increasing the equity and bal..

But the sceptics are out...Saying DEMO is not live...

J16 said..DEMO ..DEMO DEMO....

grow the account for 3 months...and if not START DEMO again..

Now after all this its up to the traders' mindset...on live..

Not evenyone will perform...well..But

Remove your elf from BIAS and free your mind...think profit..on Live
  • #293
  • Jan 10, 2012 9:45am Jan 10, 2012 9:45am
Quoting bumapatria
i like ur tone and attitude btw time to change mine.

if u talk price - go into price action instead. if u talk indicator ure talking of a quant sort of trading methodology (if u know all the formulas and all).

ur "sales" like ur some supermarket woman and ur "basket" and "profit" with "raw data" u do realize is a statistical average right? why cant u just trade the profit trades and leave the losers out?

unless the point of this system is to profit AND lose equally (or feel sorry to win so u can lose as well consistently) its just...
The supermarket woman and the basket and the store...and the business model..these are all the framework built into the method..to assist with principle to taking profit..and making sales..

Using the business concept that how we are trading the Forex..

Old ways do die hard....

News ways of trading the market....these different economic times..

It hard to backtest...strategies....no more stability ...in these times..

No more working for 50 + years and collecting a Decent pension...its all wiped out....
  • #294
  • Jan 10, 2012 9:49am Jan 10, 2012 9:49am
Quoting chips
The supermarket woman and the basket and the store...and the business model..these are all the framework built into the method..to assist with principle to taking profit..and making sales..

Using the business concept that how we are trading the Forex..

Old ways do die hard....

News ways of trading the market....these different economic times..

It hard to backtest...strategies....no more stability ...in these times..
No more working for 50 + years and collecting a Decent pension...its all wiped out....
okay back to nice tone
business concept to trade forex.. but wouldnt u rather have products of the super market that have higher probability of sales rather than having them on the rack for less probability sales?

as for hard to backtest strategies - only way is to forward test.

i mean if this works for u go ahead. if the concept of it is being a "supermarket" of lots of products rather than say... a clothing store who specializes in clothes only thats a different case. or u can be the manufacturing industry who focuses on a certain product... unless the concept is of course, again, a big shop with lots of products to sell.


okay i have a question: What is the key to making a profitable sale? what makes a losing sale?
in 1 sentence please


again im in nice tone mood dont change it lolz
Have I got something on my face, SOLDIER?
  • #295
  • Edited 11:18am Jan 10, 2012 10:33am | Edited 11:18am
Quoting bumapatria
okay back to nice tone
business concept to trade forex.. but wouldnt u rather have products of the super market that have higher probability of sales rather than having them on the rack for less probability sales?

as for hard to backtest strategies - only way is to forward test.

i mean if this works for u go ahead. if the concept of it is being a "supermarket" of lots of products rather than say... a clothing store who specializes in clothes only thats a different case. or u can be the manufacturing industry who focuses on a certain product......
The Best product to buy is the bottom currency in profit...I said that before..
But you make mistakes...I've showed how to recover...using the cycle in the basket.. hedge..ratio of buy and sell with th trend

The key to make profitable sale is to control the DD...Trading is controlling the DD... SEE the profit column...Think about it...OFF SCREEN.

Your sale becomes a Loss if you SELL Below cost...Accepting the individual lossing trade rather the implementing control techniques..

Making sale is easy....its so easy to gain pips..but to keep them you have control the DD.

I really dont know what to say anymore...
  • #296
  • Jan 10, 2012 12:09pm Jan 10, 2012 12:09pm
Hi Courtney , Moody and Mop...how did you get on today?/..
Very impressed with your results.

T
  • #297
  • Jan 10, 2012 1:17pm Jan 10, 2012 1:17pm
Quoting IamTHAT
Here are two indicators from T101 thread (similar to Orest indicator by Samir) which I have altered for pitbull pairs. Hope it is of help. It should be put on different charts for correct reading. (I don't how to make it work otherwise)
Thanks for this great post.
  • #298
  • Jan 10, 2012 5:42pm Jan 10, 2012 5:42pm
Quoting chips
Now follow on fromy last post..
This is real time....ALL BUYS...DD is in profit....
I started with the negative...and now...Should I take the profit and run..
No I will continue Trading.

DEMO realtime...Do risk more than you are willing to loose...
DEMO feel the freedom to do all you can..with a system..do not just sit there and follow steps 1-2-3....

Are you adding trades to your "indicator"? I would like to see how you identify changes when using the indicator.. its very confusing when you post screen shots of your account with trades initiated.
  • #299
  • Jan 10, 2012 7:32pm Jan 10, 2012 7:32pm
This was asked earlier in the thread but no one answered it. Does anyone have, or can anyone create an indicator that will show the basket's overall profit/drawdown over time?

This would be perfect for visualizing the alleged cyclical nature of the basket.
  • #300
  • Jan 10, 2012 8:00pm Jan 10, 2012 8:00pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting PipJaeger
This was asked earlier in the thread but no one answered it. Does anyone have, or can anyone create an indicator that will show the basket's overall profit/drawdown over time?

This would be perfect for visualizing the alleged cyclical nature of the basket.
over what period and how often do you want it to update - it's a lot of data

it was tried in T101's threads, but no one found it of any use in the end - i think it was an excel doc
0 traders viewing now