Hi. Check it out and see for yourself if it is still working. You can download Mahete Lite for free and stick the three videos together.
4 Hour Strategy Macd+other Indicator 21 replies
DislikedHi. Check it out and see for yourself if it is still working. You can download Mahete Lite for free and stick the three videos together.
DislikedThank you very much Philip,i wasn't expecting such an indept reply,from my small amount of research into your system,it looks great ,i appreciate the amount of work/time it must have taken you to provide the mountain of information contained in this thread,information a lesser man may have kept to himself.
Dislikedthanks philip. five days ago i started with 300$ with my account.and now my balance now is 1600$ .this strategy really cool . thanksIgnored
DislikedIt will help others coming to the thread as well and also those that are trying to make 300% per month to show them it can not be sustained over a period of time. Also the importance of the amount of risk put unto each trade determines the lifespan of the trading life of the account. One can not put 20% risk on each trade and expect to have a long account life.
IT IS ALL ABOUT COMPOUNDING BY DOING THE SAME THING OVER AND OVER AGAIN UNTILL IT BECOMES SECOND NATURE.Ignored
DislikedWow what did you show to the bank to get the job man? Were you from banking sector previously?Ignored
DislikedYou will loose your money if you don't trade with proper money management ( and you do, if you made 1600 from 300 in couple days ).
What is Your risk per trade ?
DislikedActually i used 5m macd 10,22,1 strategy (scalping).I entered 1.0 lot size. And i thought i was lucky. now i will use 2% ,6% risk money management and entered small size lot.my risk per trade was 40%.Ignored
So now You see, that only 2 bad trades and Your account is empty.
Trading is not about making huge gains, but about risking not too much :-) in general the 1-2% rule is the best rule in trading any financial instrument. Protecting capital is the most important thing! remember that.Ignored
DislikedThanks for your advice. Anyway how long did u use this strategyIgnored
DislikedSure, no problem
I still use it for over 3 years, it's really a very good strategy, with good win:loss ratio. It's worth to spend time and learn it ( it took me over 5 months to understand the market behavior and movement ).
So if You have time and patience , learn it hard, and you will have nice gains in future.
Dislikedthanks . i learn this strategy for only 4 months . Are you full timetrader ? what timeframe did u always use? i always use D1 and H4 M5 .sorry for asking too many question i wish i had market feel .Ignored
DislikedNo... i'm not a full time trader ( i work as an IT sys admin ), and i don't want to be.
I tried many systems, on different TF, 1m systems, 5m, 1h , 4h and daily. I trade only on 4H and D1, why ? because i'm not scalper or short term trader... i prefer to watch charts couple times per day instead of watching them for 8h. Also price action works in my opinion better on bigger TF ( for D1 i use support/resistance zones and candlestick patterns ).
So if you have patience i suggest to stick bigger TF.
It took me very long time to undestand how markets...Ignored
Dislikedthanks .now i always use H4=D1 .and trade like a sniper not machine gun . anyway did u know about intraday trading?Ignored
DislikedHere is the link to a 5min strategy that you can share with anyone you want to. This will show you the effect of trading with compound turning $250 in $7000 in 22 months. Live videos of the trades included.