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Daytrading/scalping with high leverage - my proven strategy

  • Linked: 1 Lot - 1.000 $ | Brokerage Account XXX82
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  • #81
  • Mar 11, 2013 2:44pm Mar 11, 2013 2:44pm
With that kind of stop it is BS, not profitable system. Sooner or later you lose all your funds. Do back testing first and see results.
I think that kind of thread is running by people affiliated with brokers. Sure, it's good for brokers to have clients that trade that kind of system.
People, do you own homework and never go for easy money in trading.
Per aspera ad astra
  • #82
  • Mar 11, 2013 3:09pm Mar 11, 2013 3:09pm
Quoting Ihor
With that kind of stop it is BS, not profitable system. Sooner or later you lose all your funds. Do back testing first and see results.
I think that kind of thread is running by people affiliated with brokers. Sure, it's good for brokers to have clients that trade that kind of system.
People, do you own homework and never go for easy money in trading.
Just a comment, A broker makes money the moment you initiate a trade. Not if you LOSE!
So a Broker wants you to win so you make bigger trades and more trades.
  • #83
  • Mar 11, 2013 4:57pm Mar 11, 2013 4:57pm
[quote=dnabrasil;6506320]my friend, as i said, you shouldn't take care of the system,

because of your comments, i'm trying to use a bigger TP, like 10 pips, or even 50 pips moving stop to be after 10 pips.

i've started an account with 1.000$, and trade with same MM: 1 lot.

basically i trade following the 20 ema channel, a little bit of PA, some ideas of S&R even if i'm not a fun of it,
perhaps because i'm not able in drawing perfectly!


here the todays account.

if you have patience you could gain some bucks!



so now you have changed your system ? whats going on here ??

this thread was started by you stating its all about money management. but you havent discussed money management yet. apart from a disastrous
sl of 100 pips. so where is your money management technique ?

i get really pi**ed off when threads such this are opened and people are mislead. makes me angry that some poor newbie will actually waste time and money ''attempting'' to make this work.

please stop misleading people. i have seen threads like this come and go in the 3 years i have been on ff. i can usually tell by reading the first page of a thread whether it will work or not.

suffice to say, this will be my last post on here. cannot be bothered to waste my valuable time.

newbies forget it and move on.....
  • #84
  • Mar 11, 2013 5:10pm Mar 11, 2013 5:10pm
Quoting whatfx
so now you have changed your system ? whats going on here ??

this thread was started by you stating its all about money management. but you havent discussed money management yet. apart from a disastrous
sl of 100 pips. so where is your money management technique ?

i get really pi**ed off when threads such this are opened and people are mislead. makes me angry that some poor newbie will actually waste time and money ''attempting'' to make this work.

please stop misleading people. i have seen threads like this come and go in the 3 years...
I've already answered to this question,
i didn't change nothing, i'm only trying, in demo, another tp level, but i'm going on with my "old version"..
i have an open mind, and when i hear somesthing interesting, i try if it could work for me.

and about the 100 pips stop loss, i've already answered: read all my post, and you will find the answer! (last operation was a joke! who, with a clear mind would open a trade just after nfp, on friady afternoon?)

as i said, i do not want to change people mind, i'm just showing what works for me...


I've said many times that i do not need to show the market i'm like merlin.. i only need to make some bucks.
  • #85
  • Mar 11, 2013 8:12pm Mar 11, 2013 8:12pm
I do not understand it when people come to these threads and do nothing but tell the originator that what he is doing is wrong and he is a fool for trading his way. On the subject of a newbie coming into a thread and trying out a system on live account, well he should know better,everyone should try new things out on demo. DNA has already said he has traded this way for years and is happy with his returns. This type systems are not meant for everyone, so why blast the originator or try to "improve" something that he has already perfected for himself. If its not for you then why not move to another thread. DNA is doing something that not many posters in FF do. He is showing you his trades. To me seeing is believing. Keep up the good work DNA. Please make us aware of any changes to the system as you stated in first post.
  • #86
  • Mar 12, 2013 2:14am Mar 12, 2013 2:14am
Quoting hutrader
Just a comment, A broker makes money the moment you initiate a trade. Not if you LOSE!
So a Broker wants you to win so you make bigger trades and more trades.
If I may correct your statement... Broker earns either way. No matter if you loose or win the broker makes his money. The more you trade the more money flows in. Brokers make money through commissions and spreads. My broker takes commission per lot per trade as all other do. 4EUR per lot per trade regardless of loss or profit. They want you to trade as often as you can. Since I trade with 5 lots = 20EUR commission + 0.6 spread every time I open a trade. They love scalping more than long lasting trades.

One thing you're right about, the more money you make the more lots you trade, meaning bigger commission. I make my broker happy trading with 5 lots, he gets 100EUR from me every day since I make 4-5 trades on average.
NO PAIN NO GAIN
  • #87
  • Mar 12, 2013 2:39am Mar 12, 2013 2:39am
Quoting dnabrasil
often ridiculous doesn't mean bad
You have handled most criticisms well, that made me think there is something to learned from you. I am first a Philosopher, then a trader, I like to see people cut to pieces and see how they heal. You seem great.

Bring it on, no more fight from me
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #88
  • Mar 12, 2013 3:47am Mar 12, 2013 3:47am
Quoting Precap2
You have handled most criticisms well, that made me think there is something to learned from you. I am first a Philosopher, then a trader, I like to see people cut to pieces and see how they heal. You seem great.

Bring it on, no more fight from me
That's the reason I follow this thread until now. I want to see how does he gamble smart and how does he think.

There is one concept, "high risk high return".
  • #89
  • Mar 12, 2013 4:02am Mar 12, 2013 4:02am
Well i still feel my question is the most inportant, how many times a year have he blown an account and how many times in a row before he could build it up. I still have not get an answear......


Best regards
  • #90
  • Mar 12, 2013 4:08am Mar 12, 2013 4:08am
Quoting jgadefelth
Well i still feel my question is the most inportant, how many times a year have he blown an account and how many times in a row before he could build it up. I still have not get an answear......


Best regards
sorry my friend, i just see your PM,

sincerely i don't know how many times...

because the only math i do is:

1 st january my account is tot $
31 december is tot $
gran total is .... tot $
  • #91
  • Mar 12, 2013 4:11am Mar 12, 2013 4:11am
Quoting dnabrasil
sorry my friend, i just see your PM,

sincerely i don't know how many times...

because the only math i do is:

1 st january my account is tot $
31 december is tot $
gran total is .... tot $
Ok but it is really intresting because we will not be dealing with luck but a sound strategy. Can you tell me something you starting balance your current balance anything ? This is somewhat close to another strategy i am intrested in it involves binary options and it is called never touch i think you risk 100 percent to get 5 percent by betting at price will never touch a sertain price in a sertain time.


Best regards
  • #92
  • Mar 12, 2013 4:22am Mar 12, 2013 4:22am
i started with 100 $

i used higher leverage, 0.2 Lot (i.e. 1 Lot every 500$)

doubled the lot size every time i get 100 $ +

in few weeks, perhaps with a lot of lucky, i managed to have an account with 5.000$


from here i've decided not to double mnthly the account, but to take away weekly gains..

now i'm able in trading with this 5.000 $ and making about 20% a week: 20 pips at 5 Lot


until I am able to stop after earning 20 pips....

i'm satisfied with that
  • #93
  • Mar 12, 2013 4:39am Mar 12, 2013 4:39am
The strategy is more like betting than solid trading system
  • #94
  • Mar 12, 2013 4:59am Mar 12, 2013 4:59am
This is like a train wreck. horrible to see, but still over 50 traders cant look away
  • #95
  • Mar 12, 2013 5:09am Mar 12, 2013 5:09am
Quoting dnabrasil
i started with 100 $

i used higher leverage, 0.2 Lot (i.e. 1 Lot every 500$)

doubled the lot size every time i get 100 $ +

in few weeks, perhaps with a lot of lucky, i managed to have an account with 5.000$


from here i've decided not to double mnthly the account, but to take away weekly gains..

now i'm able in trading with this 5.000 $ and making about 20% a week: 20 pips at 5 Lot


until I am able to stop after earning 20 pips....

i'm satisfied with that


Yes i thinking is it possible to do long time and also can i dubble my account and take away and save for the day that comes when my account blow. It sounds great but i cant figure if it is all luck or you got something here.


I also thinking about using MM 1 to 1 risking 10 to get 10 for example. I have doubbled my account on blackjack a few times using martinglale. Just to see it all go up in smoke minutes later. And see it was all luck, and it is not something that can go on.


Best regards


Best regards
  • #96
  • Mar 12, 2013 5:11am Mar 12, 2013 5:11am
Quoting crookedbot
The strategy is more like betting than solid trading system
about the first step it is possible,

but the target is to gain $, not to demonstrate to the market that you are always correct..

if you had read with attention, i said that the trading system isn't important.

i have to make dollars, until you giva attention to your trading system, you'll end with a ony response: no system will be profitable forever, due to the natural chenge of the market;

you should focus your energies on how to make money from the market, and not on the fact that you are always right ( even in the place of stop loss)


many people here and over the net tells to cut the loss and let the profit run, yes this is a true concept, but not the only one (in order to make some decent gain)

until you don't open your mind, and follow what the people say, you will make the peoples result, not yours..
  • #97
  • Mar 12, 2013 5:36am Mar 12, 2013 5:36am
Let me add one comment to dnabrasil's effort at sounding very convincing. No one will be successful in forex who doesn't know the works of patience . . . . This trading method, like any other method, will work if and only if the trader is willing to wait for the trades to come to them, not rushing to "see what you bring to the scene".

There is one major difference between a pro trader and a trader-gambler: One is always patiently picking his trades while the other is happily staying active all the time. . . but the richest living trader says that "The market is naturally setup to transfer wealth from the active to the patient". . . . I'm not sure I quoted the exact words, but the effect is the same.

If you're a patient trader, this method will work for you. Period!
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #98
  • Mar 12, 2013 5:51am Mar 12, 2013 5:51am
What i have understood so far is if you want a 100% win strategy, you must have big enough capital. There are some several method to make you win 100%.
1. Averaging down the price
2. Hold position until win
3. Use martingale method such as mygrid system in FF.
4. Basket trading until profitable
without a single SL.

My thought: If there is a statistical data to prove that the scalping or system that is right at where/somewhere the system that could do, such as the result is win-win-win-lose-lose.......then by using high leverage scalping, it will work even RR is bad because you put heavy lots in series of winning streak. So that scalp at this way would make you money since scalping has frequent of consecutive win.
  • #99
  • Mar 12, 2013 6:22am Mar 12, 2013 6:22am
Quoting Precap2
Let me add one comment to dnabrasil's effort at sounding very convincing. No one will be successful in forex who doesn't know the works of patience . . . . This trading method, like any other method, will work if and only if the trader is willing to wait for the trades to come to them, not rushing to "see what you bring to the scene".

There is one major difference between a pro trader and a trader-gambler: One is always patiently picking his trades while the other is happily staying active all the time. . . but the richest living trader says...

How can you tell it will work for a patinet trader ? Have you tryed it have you any evidence for that claim ? I can understand that the patient trader gets better setups and he will win more but will he survive in the long run or will he go down after some time ?



Best regards
  • #100
  • Mar 12, 2013 6:34am Mar 12, 2013 6:34am
Quoting ~bull.bear~
What i have understood so far is if you want a 100% win strategy, you must have big enough capital. There are some several method to make you win 100%.
1. Averaging down the price
2. Hold position until win
3. Use martingale method such as mygrid system in FF.
4. Basket trading until profitable
without a single SL.

My thought: If there is a statistical data to prove that the scalping or system that is right at where/somewhere the system that could do, such as the result is win-win-win-lose-lose.......then by using high leverage scalping, it will...

Yes works great in theory or if you like to have small gain and have so mutch money that it cant end so you can stand 20 or more double up that first bet.

I think the best thing is to read all dnabrasil have typed and get so mutch information as possible. Then try this on a demoaccount then try with small amount maybe 100 and see if we can do the same if we can we win great if not, well most can afford losing 100 dollar.


Best regards
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