Daytrading/scalping with high leverage - my proven strategy

04.16.2013 - MAJOR UPDATE

the thread is growing exponentially!! many thanks to all active participants, but especially to the man who gave us a system to follow,
that, with this trading style is explosive! Favorite

here you could find the major update that contains rules, images, indi and tpl...

i know the new entry will jump to his post..
but i suggest you to read the whole thraed, in order to have the right mental approach...

remember that none apart you, is responsible if you loos money, you should not trade this style and system, but if you do is at your own risk...

p.s. here the pdf





03.27.2013 - update

favorite suggested a very good system to trade this way we are doing,

you could read all explanation here

and condor666 provided us another good system

here the details


03.21.2013 - update

this update to attach indies and tpl use in this trading style

yes, trading style not system.

if you like invest some time i assure it will be good,

but if you do not have the time to read, and understand, you will loose a new way of thinking

i'm not telling is for all, you can love or hate, but please, if you do not like, don't bother us!! go away!




"old" thread start

hi folks!

i think it's time to give people my strategy,

this strategy is very good, in trending market.

i trade for a living, now, after years of paradise and hell...

finally i've understood what works for me: little pips, many times a day, with high leverage.

yes, i know many futures comment, but this worked for me and works everyday.

the strategy is about the MM not the system, but i will give you the system that, in the future.

i'd like you to focus on the Strategy MM because i've tried many system with it, and with all of this systems the strategy has worked well.


if you are in the market from some years, you know that scalping and daytrading could lead to a beatifull account, but could also lead you to the hell, because of the high leverage.

so from here, i studied a lot, i was looking for a sytem that could give me good money, and extremely simple to repeat.

i've found that taking smallest profit, many times a day, is good, very good.


my strategy: 1 lot every 1.000$
SL is stop out
TP 3.3 pips (because i've an average 0.8 pips commission), so 2.5 pips net.

with this MM, very aggressive, you can make a lot of pips or $,

with only 2 TP everyday you'll make 100% of your account in only 1 month.

you should make only this 2 trades a day, is it possible you fall in the metastation sindrome, or overtrade!7



i know some of you are thinking i'm crazy, but i will show you, day by day, my progress..

you know, this is only for demonstrate, so i will play with a dmeo account.


the system i'm using is a well consolidate trend following system, i use it on 1M and 5M timeframe,
i use also the other to understand the trend.

there are 2 ema channel high,close , low, 20 and 144
with ichi kumo with setting 27.78.156 (3M kumo on 1M TF, and 15M kumo on 5M)

basically i take trade in the direction of the emas, when price get out of the 20 ema channel.

i dont trade if some emas is touching kumo.

i watch also the price action, you know after lots of year, you couldnt watch to the candle, even if you want!

that's all

this is a recent trade:

http://gyazo.com/894ee32bf444e9ee92130b07490e7382.png


saturday, 03.09.2013: attached all indicator i use

Why not take 50% at 3.3 and let the rest run?

SL is stop out? What do you mean by that?

because i feel comfortable, with this, i've tried some BE, but too many operation without gain nothing:

i'm not living for trading, but, i'm trading for a living!!

if you have 10.000 $ equity, you play with 10 lot, so SL is 100 pips,

stop out is what comes after margin call!

[...
there are 2 ema channel high,close , low, 20 and 144
with ichi kumo with setting 27.78.156 (3M kumo on 1M TF, and 15M kumo on 5M)

basically i take trade in the direction of the emas, when price get out of the 20 ema channel.

i dont trade if some emas is touching kumo.

]

Interesting. I'll try.

One question: according to your text, it seems that you do not use the 144 emas. Is this the case?
However looking at the charts, it seems that one condition is that the 20 emas are out of the 144 channel.
Correct?

Thanks for sharing.

gonso

Thats trading with your balls out.

YAMAN go for it.

But how do you handle the one loosing trade that wipe out your account?
Do you withdraw often? Did you split your trading capital into smaller pools

basically itake long signal when the 20 is over the 144, and contrary for the sell,

but you shoudnt focus on the system, you should focus on the MM Strategy.


i also use pivot to guide me to the trend

yes, i withdraw often, and..

i start with small equity, like 1.000 $, and double my account several time.

How long have you been trading like this?

I like the in and out trades. When if your trade did go in the wrong way. Just close the PC and and look tomorrow. hehe

some years!!

sometimes i burn my account,

but hey, you wont believe how many trades you could do before that!

i repeat,

dont focus on my system, you could have better result with other system,

what is very important is to catch small pips, and make it every day.


but, and this is the holy grail: beware of greed;

you must satisfy yourself with only 2 trades per day.

if you are able, you dont need to continue study, you've become a successful trader!


but, if you arent satisfied with nly 5 pips a day, well... you'll blow often your account!

but i think 100% for month, is a lot

yeah if you can stay away of blowing your account. Why not trade the trades you see even if its 4 trades?

Do you just stop after 2 trades? You never trade more?

ha, thousands of words cannot be compared to a trade-explorer account in ForexFactory.......

yeah if you can stay away of blowing your account. Why not trade the trades you see even if its 4 trades?

Do you just stop after 2 trades? You never trade more?

how can i attach it to the thread?

With a risk of 100 pips for a reward of 2.5 pips, you need 97.56% success rate to only breakeven!
The R:R is 1 against 40. One single loser kills a full month of trading (2 trades per day, 20 sessions per month).
You say you trade for a living. Waoo. Personaly I would feed more comfortable working in a dynamite factory.

I am not sure how you attach trade explorer to the thread.
I just clicked on your profile and it was looking good until the Eur/Aud trade went the other way.

Do you let it hit 100 pips loss or close out before?

Hello dnabrasil,

Please:
What means: 3Mkumo (on M1) and 15M kumo (on M5)

Thanks
Best regards
Oyapoke

normally i let it run, many many times it turns in our favour.

in the first post i wrote that i will play with a demo account only for demonstrate;

today is nfp, so a "normal" daytrader, won't trade before during or after that;

cause i live in gmt+1, often i close the day before ny open,
remember? 2 trades a day,

and you can choose what ever cross you want,

i start with eurusd, if there is no chance i look at aususd, cable, eurjpy, gbpjpy, and other...

the most difficult thing is not make 2 winnings trade, is to make ONLY 2 trades,

you know the "metastation sindrome"??

i wrote before in my post about it


tell me the truth, who isn't able in making 2,5 pips 2 times a day without taking a 100 pips SL?

ichimoku normal setting are 9.26.52;
if you use mine: 27.76.158, is like 3x
so if you put my settings in one inute timeframe, the kumo is of the 3 minute time frame,
in 5 minutes, 3x is 15

simple!

I agree.
Most traders is able to do that some days but no traders can do it every day, and like PipMeUp say you have to win almost every day just to breakeven.

Arctic4x

You need to win 40 times to BE your 1 stop out, 100/2.5. And stop out is nothing with if you are using SL, is just the way you like. You trade 2 times a day, if you get 1 stop out, you need to recover with 20 days provided if you win these 20 days with 2 trades daily. Then how could you earn money?

Since you does use stop out method, that means you are not guarantee the result would be.

I think you are trying to prove you have almost 100% correct system/entry signal, otherwise this won't survive in long term.