How can I get 99% of profit trades? this is my idea...

Hi everyone!
This is my first thread in this forum ,i hope you 'll enjoy what i will say.
Firstly i wanna say sorry for my bad english, by the way i'm try to improve it.
I know this idea is totally unconventional way to trade, but i really like to discover something new and completely different.
I decided to share my idea of trading for some reason: i want to know what other people think about it , i need someone to help me to improve this system.
So if you like this completely new way to trade you can help me improving, testing, making ea, or giving me some advince, but please before to judge in a bad way this system just try to test it.
Ok , let's start to explain.
For a long time i tried to trade with some trading system, now i have one of that which is working very well, it's based on price action scalping, with it i have a normal risk reward to 1:3 and a probability to trade in profit for the 65% - 70%.
By the way i'm still looking for something easier and with a very high probability to profit.
The idea is if i have 98-99 % to have at least 5 pips i will be for sure rich, and if i lost 0.1 1 time on 10 , i will enter with 1 lot because i have 99 % to profit.
Ok so easy to talk , the real problem is : how it's possible to have 99 % to profit at least 5 pips???
How you can do it?? if you have some answer please tell me!
I will tell what i think.
I lost a lot of time to find something like that, but nothing!
By the way, one day i was looking the daily chart in a different way.
And i've seen something i never 've seen.
"At least the 90% of all the daily candle has a minimum and a maximum of 2-3 pips"
I know it's almost impossible to find something sure in the trading, but it's true, if you count all the daily candle you will see then every candle after the open until the close, will make a minimum or maximum of at least 2-3 pips.
So what i wanna say? for now completely nothing, but i found something who happen for the 90% times .
So without to filter or improve better i know that if i open a position in the opening i will earn 2 -3 pips ,
"Useless to say that the 10% of loss will burn my account."
Ok Ok, so let'start to improve better and better.
what i can do?
i will show you the image of the chart of the last night on the file raf.
Well , as you can see, this is gbpusd 1 min chart.
After the daily open it didin't make any maximum, but it rally quickly under for at least 7-8 pips.
Are you thinking the same? Well, we still have the 90 % probability that that daily candle will make 2 pips of maximum, so i will enter long and i will earn 10 pips.
The point is " I KNOW THAT 90 TIMES ON 100 I WILL MAKE 2-3 PIPS OF MAX"
This is what i wanna mean: after the open daily candle , if price dont make soon a maximum or minimum will be better for me, cause i will enter waiting for that maximum and minimum remembering i have 90% probability to my side .

I know it can seems a really stupid idea, maybe it is, but please think about it and how can improve and make that 90% in 99%.
I will ask you something more.
What if a candle dont make a maximum or minimum?what is the probability of that next candle to make a maximum or minimum?maybe more then 90%, dont you think?
Well, for now i will , i will tell you later how i filter it to have more signal, cause i want to know something from you, what you think about it? how can you improve it?
do you want to help me to make a 99 % of probability ??
And about the money management?

Thanks you to read all this thread full of english mistakes...
I hope you 'll enjoy.
Bye bye
Nepul

Hi Nepul,

What do you mean by this: ""At least the 90% of all the daily candle has a minimum and a maximum of 2-3 pips" ?

Scalping daily candles` wicks? For 2-3 pips? That is such an incredibly terrible risk reward ratio, that you`re gonna get murdered a 100 percent sure. No matter if you are right 99.9999999999% of the time that remaining 0.0000000001% is going to kill you.

Hi kore2,
Please read better the thread.
I dont want to trade for 2-3 pips , as you have seen in the photo i earned 10 pips, but it's not all.

With "At least the 90% of all the daily candle has a minimum and a maximum of 2-3 pips" , i wanna mean the i know that something in 90% of the times happen, if the daily candle dont make a maximum ( like the chart i posted),i can know that with a lot of probability (99%) i will make it .

But the way gbpusd went under for around 30 pips before to make a maximum, and when it 's less 30 we still have that
probability, so we could buy when price went less 30 pips and earned 32 pips..

"No matter if you are right 99.9999999999% of the time that remaining 0.0000000001% is going to kill you..."
it also depends, this is what all people are gonna say, but try to think different...
if you earn 5 pips for 99.999999999% of the time and when you lose you lose -50 pips.
the next one you can enter with ten times more, because you are still right 99.99999999% , but now i will be more!

Sorry, but it`s still hard to get what you mean to say exactly. Would you attach a screenshot showing a daily candle and showing the pips scalped out of it?

You mean something like: daily open, price has gone down 30 pips, you go long, because you are expecting that there will be an upper wick on the daily candle (2-3pips), so you will have 32 pips profit?
Cheers

Sorry kore2, you are right it's not so easy to explain and understand and also my english dont help us.


"You mean something like: daily open, price has gone down 30 pips, you go long, because you are expecting that there will be an upper wick on the daily candle (2-3pips), so you will have 32 pips profit? "

you understood what i want to mean....by the way in my test , i'm not waiting to go down 30 pips, maybe i will improve it.
For now i'm waiting it go under for 3-4 pips to earn 5-6 pips, risking 50 pips. If i lose one (and it's very difficult) the next one i enter 10 times more, so i start with 0.1 and the next is 1 lot.
I make 3-4 trade each day.

By the way i dont like this way to manage and i'm looking for something better, for example if i wait it go under for 20 pips, i can earn 20 pips and risk 30 pips....
when price go under we can also choice to enter with a own strategy but with target on open daily.

Kore is you have a simulator like lfh simulator you can test that and understand better what i want to mean.
I'm right 9 times on 10.

I have lfh and forextester2 as well. Tomorrow I will give it a try. The problem is your (mental, or real) stoploss and takeprofit. If you are changing these values then hard to get consistency.
For example:
"For now i'm waiting it go under for 3-4 pips to earn 5-6 pips, risking 50 pips."
If after daily open price goes down 3-4 pips and you go long with 50 pips stoploss and price keeps going down sometimes you will have to wait 12 hours for the price to get back (near) from your 50 pips stoploss.

"If after daily open price goes down 3-4 pips and you go long with 50 pips stoploss and price keeps going down sometimes you will have to wait 12 hours for the price to get back (near) from your 50 pips stoploss. "

yes core2, you're right , sometimes you have to with 10-12 hours...by the way what i want to take advantage i of that situation, when price go down 30 pips , i could buy and earn more, if i earn more i can manage in a different way.

a simple question: if a candle dont make or a max or a min, what about the next? if the next go down for 5-6 pips, we are almost sure(99.99999%) that i make a max...

The problem you can have testing with forex tester o lfh, is that you will have a few signal to earn ,but i still have a filter to have more signal with this probabilities. later i will tell you.

well, i open now a sell position on gbpusd after it go up for 4 pips without make a minimum, my take profit is 5 pips...
we will see .

Audusd , waiting to make a minimum after the open
...distance from the opening 7 pip

Well,audusd went up for other 20 pips without make a minimum, so i sold again and when it made a minimum i earn 25 pips.
Gbpusd only 5 pips.

we sell eurjpy right now to earn only 5 pips, if price go up we sell again after 10 pip , sell again after 20 pips, cause we have 99% that price will go at 142.973 !!!!

Basically you've described the Holy Grail right there. If you already have this Holy Grail why do you waste time on ideas that clearly do not work?

Keep your current path (no edge + grid) and soon enough reality will hit you hard like a train.

i already told it when i described that idea. i'm alwais looking for something completely new, cause my old scalping strategy need to much time, i should work for 6-7 hours to earn some pips.
by the way you wrote that clearly dont work...did you tried it? at least did you backtested it??


"Keep your current path (no edge + grid) and soon enough reality will hit you hard like a train."
i dont understand it, can you explain me better??

Don't need to. The math behind the idea doesn't work, therefore it doesn't work.

I meant, it's better that you accept the fact that it doesn't now than later. As it means your time/money/energy was saved.

Anyway do whatever you want. It's your life.

thanks you very much Vox Dei for your answer.
Unlucky i really dont need of this kind of advince.
I like to trade and to live tryng always to discover something new, and maybe better.
Maybe i just lose time , but i at least tryed.

You said "The math behind the idea doesn't work, therefore it doesn't work." ...oh my god, do you know how many way we have to earn in trading online?math is the basic.
I have something to prove that for now this system is going right, if somebody want say me that is completely wrong please test it , or shut up.

Well let'start now to the second part of my idea of strategy: money management!

We found something which can give us around 99% of winning trades.
Well, i will start with a capital of only 100 $, with 0.1 lot, so high leverage.
With my broker margin for 0.1 is 33 dollars, so i have 67 dollars to "play".
My stop loss will be 50pips , almost all the capital without margin.
My target will be 5 pips every position, for a maximum of 3 trades per day , and a minimum of 0 trader per day.
So i will need to make around 15 trades in profit to double my capital without margin.
Remember this is only the begining, i'm improving it in also other way.
But the most important post of this threath is this about the money management.
I just want to cash in and double the capital quickly, i just need 15 trades, it's not easy, it's not difficult , it's not impossible.
In this period as i'm testing i will make 2 trades per day, sometimes 3,so we should have the 100% of the capital around 2 weeks. then we 'll take money and restart again.
One day this system will burn my account, cause i have 99% not 100% of profit trades, but when that day will come i will make double the capital more and more.


Well , maybe i had to say it before, this kind of strategy or idea, is not for anybody, this is only for open mind people who like to search and discover something new.
Maybe for you that use to trade with a 1:3 risk reward , with some indicator, it's completely wrong, and i agree, because this is only an experiment.
I will make a game of trading.

If you don't want advice from more experienced traders than yourself, then why do you post on this forum?

Do you believe that you've discovered something revolutionary that all the millions who have gone before you, including the most experienced traders and knowledgeable market veterans, have somehow overlooked?

Do you realize that, if a simple, profitable grid system existed, that the big banks and institutions could save themselves millions in salaries by dismissing all of their expert analysts, traders, economists and IT gurus, and simply run this "holy grail"?

Read the posts in the links here. The first one (001) was written by a trader with more than 30 years experience. Do you think that you know more than they do?

Please feel welcome to flame me, just because I dare to question you. Actually, I would absolutely LOVE it if you prove me wrong, because then I could return to forex, use your strategy to defeat the banks, and quickly become a trading millionaire myself.

"If you don't want advice from more experienced traders than yourself, then why do you post on this forum?"

Hi hanover, in the past i read something on this forum written by you.
By the way you're right, i was answering to someone who said then my system fail without have any idea to try it, this is not helpful to anybody, if you show me your strategy i think i should before test it, or tryng it before to say that it sucks.
Do you understand what i wanna say?
I wrote it in the first post of the thread :

"I decided to share my idea of trading for some reason: i want to know what other people think about it , i need someone to help me to improve this system.
So if you like this completely new way to trade you can help me improving, testing, making ea, or giving me some advince, but please before to judge in a bad way this system just try to test it."

So you can say that my strategy is bad, but please before try to understand and test it, only in this way our posts can be useful, maybe you're right , my strategy will lose, please can you say me why? can you prove me? or you just say me it's bad and stop?
It's like a prepare a food for you , i said you how i've prepared it and everything, but you without taste it , tell me that is completely sucks, i dont like this way to trade or to live, it's useless for anybody.

"Do you believe that you've discovered something revolutionary that all the millions who have gone before you, including the most experienced traders and knowledgeable market veterans, have somehow overlooked?"

i dont know hanover, and i can't answer to this question, cause i never found someone who was talking in something like that.
I checked in this forum , in other forum also, but nothing.
I'm testing it in demo, and i can tell you that for now it's working very good, i can call this strategy the UN-SENSE strategy, but it take only 15 minute at day and give good profit.
Anyway i still need to improve it and if somebody want to join and understand better he's the welcome.


thanks you very much for your post