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System Test: Invictus V Fratelli 541 replies

Trading the Invictus method 4 replies

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Invictus

  • #3,781
  • Feb 9, 2012 9:10am Feb 9, 2012 9:10am
Quoting Udine
So 12 signals and only 1 trade, which by the way the TrailStop kicked me out early for +2 pips...

not the best of weeks, but still in the green.

Udine
What a hard day to (not) trade! I know that less experienced traders like me want so much not to miss the good trade that we will take trades we shouldn't, hoping it's a winner. I only know one strategy, the Turtle strategy, that takes all signals because it's looking for a long, trending run, but it has a 70% losing rate and only 30% win! It makes a lot of money but most people can't handle the W/L ration. I know I can't. It's also not a FIFO.

Thanks for the great analysis. I am going to print that with the charts so every time I want to trade I can check my thinking. When I first read them I said to myself, "I would have gotten suckered into the losing 8:30 EU trade and the 11:00 GU trade", until I looked again and like you said, it wasn't making HHs, or rather breaking the last high. Funny, how I read what you said and my brain just missed it, until I looked again, read again, and then went "Oh! Not a HH.... hmmm, didn't he just say that?". Just another example of how your brain won't hear something until you're ready to hear it. Thankfully, it only took a few minutes for that to happen this time, not a few weeks or months!
  • #3,782
  • Feb 9, 2012 9:11am Feb 9, 2012 9:11am
Quoting bader
Udine

Great synopsis - thanks.
welcome

got bored after watching the charts for so long and not trading

Udine
Sleep less, live fast, as it aint gonna last
  • #3,783
  • Feb 9, 2012 9:14am Feb 9, 2012 9:14am
Your teachings are very important to me.
I treasure it
Thank you very much!
Ada.
  • #3,784
  • Feb 9, 2012 9:15am Feb 9, 2012 9:15am
Quoting ericjschroed
What a hard day to (not) trade! I know that less experienced traders like me want so much not to miss the good trade that we will take trades we shouldn't, hoping it's a winner. I only know one strategy, the Turtle strategy, that takes all signals because it's looking for a long, trending run, but it has a 70% losing rate and only 30% win! It makes a lot of money but most people can't handle the W/L ration. I know I can't. It's also not a FIFO.

Thanks for the great analysis. I am going to print that with the charts so every time I want to trade...

Hi buddy,

Best thing to do is make a trade checklist, which you fill out every time you get a signal. then check what % compliance with the rules. Soon you will know the rules by heart and check them unconsiouslly.

You will know soon enough, for example when the compliance with the rules is 80% or more you have the confidence to get into the trade and get your winner.

Udine
Sleep less, live fast, as it aint gonna last
  • #3,785
  • Feb 9, 2012 10:42am Feb 9, 2012 10:42am
today only +2 pips, which is 0.5 % to the account.

total for the week: +5 %. will be the worst week so far. but hey... it is more than I can get from my bank for a year, so who is complaining ??

Green pips

Udine
Sleep less, live fast, as it aint gonna last
  • #3,786
  • Feb 9, 2012 12:31pm Feb 9, 2012 12:31pm
Quoting Udine
today only +2 pips, which is 0.5 % to the account.

total for the week: +5 %. will be the worst week so far. but hey... it is more than I can get from my bank for a year, so who is complaining ??

Green pips

Udine
Agreed its been a rough week overall. Still tomorrow though!
  • #3,787
  • Feb 9, 2012 12:59pm Feb 9, 2012 12:59pm
Quoting Udine
today only +2 pips, which is 0.5 % to the account.

total for the week: +5 %. will be the worst week so far. but hey... it is more than I can get from my bank for a year, so who is complaining ??

Green pips

Udine
Glad I'm not the only one who had not-so-good results this week. Well, not really glad as I wish everyone here to be successful, but you see what I mean. It helps to think that the market was rough rather than me being terrible.

I'll probably take a break tomorrow or only trade on demo. Hopefully next week will be more pleasant.

Charles
  • #3,788
  • Feb 9, 2012 10:51pm Feb 9, 2012 10:51pm
I don't think I've ever posted a trade so I will. Right now the best time for me to trade is 0130 GMT to 0630 before you guys get started. So I've been watching the AU and AJ. Those 2 seem to get at least 1 good trade during that time (and it's really slow most times so I don't have to panic), and after looking back several months, it looks good so I placed my trades tonight as soon as I got home. Here's my AU for +10. The AJ gave me +2 but probably wasn't as solid a trade. Done trading in about 30 minutes! I like that. I could have taken another trade later for +10 but I don't want to get caught up in overtrading.
Attached Image (click to enlarge)
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  • #3,789
  • Feb 9, 2012 11:06pm Feb 9, 2012 11:06pm
Quoting ericjschroed
I don't think I've ever posted a trade so I will. Right now the best time for me to trade is 0130 GMT to 0630 before you guys get started. So I've been watching the AU and AJ. Those 2 seem to get at least 1 good trade during that time (and it's really slow most times so I don't have to panic), and after looking back several months, it looks good so I placed my trades tonight as soon as I got home. Here's my AU for +10. The AJ gave me +2 but probably wasn't as solid a trade. Done trading in about 30 minutes! I like that. I could have taken another...

Well done Eric

10 pips a day, every day ( is 200 pips per month), compounding and you will get there

Udine
Sleep less, live fast, as it aint gonna last
  • #3,790
  • Feb 10, 2012 2:34am Feb 10, 2012 2:34am
Anyone take the EU 7:15 sell signal?

Luckily my Alpari spread is low and TS kicked out at +0.2
  • #3,791
  • Feb 10, 2012 2:41am Feb 10, 2012 2:41am
GU 8:00 60 was +10 pips, but 240 and 60 weren't same colour
  • #3,792
  • Feb 10, 2012 3:21am Feb 10, 2012 3:21am
I was late to the show, as I had to drive my son to school. missed the signals and now patiently waiting for a set up to get some green pips in the bank for this week.

Udine
Sleep less, live fast, as it aint gonna last
  • #3,793
  • Feb 10, 2012 3:27am Feb 10, 2012 3:27am
In on GU. Hopefully, 10 green pips are coming my way.
  • #3,794
  • Feb 10, 2012 3:33am Feb 10, 2012 3:33am
Quoting makybe05
In on GU. Hopefully, 10 green pips are coming my way.

hope it works out. I have no signal, for sure due to different brokers.

Udine
Sleep less, live fast, as it aint gonna last
  • #3,795
  • Feb 10, 2012 3:34am Feb 10, 2012 3:34am
I do not have a signal on GU yet
  • #3,796
  • Feb 10, 2012 3:44am Feb 10, 2012 3:44am
Hit +10 on GU. Must of been different brokers why you guys didn't get a signal.

Also, just want to thank you Udine for your post earlier in the week about not taking every signal (I've taken it on board) and wanted to apologise for my earlier post attacking you.
  • #3,797
  • Feb 10, 2012 3:46am Feb 10, 2012 3:46am
Quoting Udine
hope it works out. I have no signal, for sure due to different brokers.

Udine
Hi!! +8, EU GOODDAY!!!
  • #3,798
  • Feb 10, 2012 3:46am Feb 10, 2012 3:46am
Quoting makybe05
Hit +10 on GU. Must of been different brokers why you guys didn't get a signal.

Also, just want to thank you Udine for your post earlier in the week about not taking every signal (I've taken it on board) and wanted to apologise for my earlier post attacking you.

apologies accepted. Just remember I trade this live!!

good for the + 10 pips, but tricky trading with the red news coming out

Udine
Sleep less, live fast, as it aint gonna last
  • #3,799
  • Feb 10, 2012 4:34am Feb 10, 2012 4:34am
the EU kicked me out @ BE.

udine
Sleep less, live fast, as it aint gonna last
  • #3,800
  • Feb 10, 2012 4:37am Feb 10, 2012 4:37am
Udine,

Just wanted to say thank you for sharing Invictus.
I have almost recuperated from this week's drama.
To see (end of day statement) is to believe .

ps, still reading this thread. It is soo long!
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