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Daytrading/scalping with high leverage - my proven strategy

  • Linked: 1 Lot - 1.000 $ | Brokerage Account XXX82
  • Trader:
  • Broker:
  • Type:
This Trade Explorer is no longer publicly available.
  • #181
  • Mar 13, 2013 8:15am Mar 13, 2013 8:15am
Quote
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.

Ideal / Standard money management,
however you give too much for commissions:

Commission: -$173.19
Equity: $2,602

~ %6 of your equity went to commissions...
  • #182
  • Mar 13, 2013 8:19am Mar 13, 2013 8:19am
nevermind, I stopped reading...

this is not a strategy:

average trade run : 2 hours

most of the trades are +2 hours BUT they are not profitable...

sometimes you close your winning trades / sometimes you dont:
based on nothing?

..

bound to fail
  • #183
  • Mar 13, 2013 8:19am Mar 13, 2013 8:19am
Hey DNA,

What you did in 3 days was rather cool, I must say. I don't trade like that but it's rather awe inspiring.

I think the minimum a/c for a pepperstone a/c is $200. Could you start a trade explorer with a similar amount, demo or otherwise and see how far you could take it.

Thanks

Ian
Island hopping throughout the Caribbean
  • #184
  • Mar 13, 2013 8:21am Mar 13, 2013 8:21am
Quoting openyoureyes
Ideal / Standard money management,
however you give too much for commissions:

Commission: -$173.19
Equity: $2,602

~ %6 of your equity went to commissions...
and do you think this is a problem??

you should know that, in life, it is good to share wealth with others
  • #185
  • Mar 13, 2013 8:22am Mar 13, 2013 8:22am
if you are already registered with pepperstone there is no minimum...
  • #186
  • Mar 13, 2013 8:22am Mar 13, 2013 8:22am
Quoting openyoureyes
most of the trades are +2 hours BUT they are not profitable...
hey, what are you looking at??

most trades not profitable? are you sure?
  • #187
  • Mar 13, 2013 8:24am Mar 13, 2013 8:24am
Quoting dumplin_eater
Hey DNA,

What you did in 3 days was rather cool, I must say. I don't trade like that but it's rather awe inspiring.

I think the minimum a/c for a pepperstone a/c is $200. Could you start a trade explorer with a similar amount, demo or otherwise and see how far you could take it.

Thanks

Ian
hey mate, do a little math!!!

i've started with 1000 that is 200 x 5

so take all the trades, (not so much) and divide the lot size and the result x 5!!
  • #188
  • Mar 13, 2013 8:28am Mar 13, 2013 8:28am
Quoting dnabrasil
hey, what are you looking at??

most trades not profitable? are you sure?
profit maximization...

though you don't let trades run you don't scalp either?

what is your trade plan exactly?
  • #189
  • Mar 13, 2013 8:30am Mar 13, 2013 8:30am
You initial trade is very lucky:

If you start with
1.00 lot per $1,000

this is more than aggressive...

this:
0,50 x1 per $1,000
0,30 x2 per $1,000
equity has more chance to live.

I understand that you have 1:400 margin

BUT

if you repeat this strategy starting with $1,000 equity each time you (anyone using this) are bound to fail...

(since the first couple of 1.00 lot trades will hit a $1,000 equity REAL HARD even if you use SL)
  • #190
  • Mar 13, 2013 8:44am Mar 13, 2013 8:44am
A few posts ago you mentioned you were finished. If all you want to do is try to discredit this method, why not just move on & make loads of money trading your method?
Quoting openyoureyes
You initial trade is very lucky:

If you start with
1.00 lot per $1,000

this is more than aggressive...

this:
0,50 x1 per $1,000
0,30 x2 per $1,000
equity has more chance to live.

I understand that you have 1:400 margin

BUT

if you repeat this strategy starting with $1,000 equity each time you (anyone using this) are bound to fail...

(since the first couple of 1.00 lot trades will hit a $1,000 equity REAL HARD even if you use SL)
  • #191
  • Mar 13, 2013 8:49am Mar 13, 2013 8:49am
He is not lucky. He know what he's doing.
Quoting openyoureyes
You initial trade is very lucky:
No, You fail...We make money
Quoting openyoureyes
if you repeat this strategy starting with $1,000 equity each time you (anyone using this) are bound to fail...
Nice Trade dnabrasil. Keep it up dude!!!!
Dangdut is a music of my country
  • #192
  • Mar 13, 2013 8:52am Mar 13, 2013 8:52am
I was done with reading after reading the first post, I'm trying to just understand.

I'm at work,
I don't trade at work, (just following)
ethics.

my method is not bad, still open and still floating... (not opening new positions since 1 March)
  • #193
  • Mar 13, 2013 8:54am Mar 13, 2013 8:54am
Quoting NuNix
He is not lucky. He know what he's doing.

No, You fail...We make money
His demo account 3 days old...

you are making money, and I'm losing?

https://secure.forexfactory.com/prof...orer#95-report
  • #194
  • Mar 13, 2013 9:07am Mar 13, 2013 9:07am
Hello DNA, Thank you for the awesome MM strategy, its really impressive and different idea. I have sent you private message, kindly respond to it, will be waiting for ur reply.

thanks

Quoting openyoureyes
if you are already registered with pepperstone there is no minimum...
  • #195
  • Mar 13, 2013 9:16am Mar 13, 2013 9:16am
Yes, it's just demo account and I don't care. I don't follow his aggressive trading style, I'm a longterm trader and conservative one. I just respect to every positive thread.
Quoting openyoureyes
His demo account 3 days old...


https://secure.forexfactory.com/prof...orer#95-report
Why are you so sensitive mate? I don't care if you lose or make money.
Quoting openyoureyes
you are making money, and I'm losing?
Dangdut is a music of my country
  • #196
  • Mar 13, 2013 9:25am Mar 13, 2013 9:25am
Quoting dnabrasil
simple!


i know, most people is scared from what is simple, and don't believe it because is too simple!!

I think you're confusing "simple" with "easy" Something can be simple without being easy.

The trouble many guys here find with the method is no-stop-loss trading. I once started a thread in another forum about my no-stop method, I got more than 30 PM calling me names like "brokers agent, you wants us to lose our savings to your employers" etc.

I also have this trouble with your no-stop method because it uses high leverage and abandons all forms of protection - a scalping method without protection might go awry sometimes.

Now to say the best, I'm most impressed with your result at the explorer. . . . US news was very helpful too on euro/dollar trade.

May I suggest that since you're inclined to use account balance to wager for MC, you might as well use already realized profit for this gamble and keep initial balance+ some salt money . . . My 2 cents.
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #197
  • Mar 13, 2013 9:25am Mar 13, 2013 9:25am
This is too interesting!

I have a question: when you got a bad trade, you loose your account (you already explained that and what you do to keep investing), but you also loose good trades wainting for that trade to reverse. Depending on the market situation it can take several days to reverse or to margin call, how many days you have wait for it in average?
thank you!
keep the good work
I know where the market is going to move next: to the righ! XD
  • #198
  • Mar 13, 2013 9:47am Mar 13, 2013 9:47am
Quoting openyoureyes
nevermind, I stopped reading...
No, you didn't. . . . I have an indisputable proof of that ^^^



Quoting openyoureyes
this is not a strategy:
What is strategy? Can you define it according to your dictionary?

Quoting openyoureyes
average trade run : 2 hours

most of the trades are +2 hours BUT they are not profitable...
Where did you get this information? Can you inform us sir?


Quoting openyoureyes
sometimes you close your winning trades / sometimes you dont:
based on nothing?
This is outrageous claim, I have followed the explorer whenever I return to FF to check things out. I can't find grounds for your claim sir.


Quoting openyoureyes
bound to fail
You certainly don't know that, unless "bound to fail" means you're bound to fail if you use this method.
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #199
  • Mar 13, 2013 9:55am Mar 13, 2013 9:55am
Quoting Precap2


This is outrageous claim, I have followed the explorer whenever I return to FF to check things out. I can't find grounds for your claim sir.
look again mate, more carefully this time.
why is this trade closed?


potential max profit: 20 minutes / $190
actual profit: 6 min / $52
_

average trade duration : 2 hour

this doesn't make sense


http://www.picamatic.com/show/2013/0...8_1063x389.png
  • #200
  • Mar 13, 2013 10:41am Mar 13, 2013 10:41am
Quoting openyoureyes
this doesn't make sense
and what you think about the 160%?

does it makes sense to you?
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