18 Pips per Day (3% per week) Trading System | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How many pips is reasonable per day for a day trader 33 replies

20 pips per day, is there anyone can help me? 98 replies

Percentage vs. Pips per Trade vs. Pips per Day/Hour! 7 replies

Two-Stroke System (Mechanical Price Action +300 pips per month) 118 replies

Trading 24 hours per day, 5 days per week 14 replies

Attachments: 18 Pips per Day (3% per week) Trading System
Exit Attachments

18 Pips per Day (3% per week) Trading System

  • #61
  • Jun 11, 2014 2:26pm Jun 11, 2014 2:26pm
do me a favour - don't trade tomorrow and Friday and send me 200 quid - thanks in advance
On my way to financial independence - if others can do it - I can do it
  • #62
  • Jun 12, 2014 12:10am Jun 12, 2014 12:10am
Quoting Eur Usd
do me a favour - don't trade tomorrow and Friday and send me 200 quid - thanks in advance
Very funny indeed
  • #63
  • Jun 12, 2014 1:58am Jun 12, 2014 1:58am
Quoting tafadzwa02
{quote} Very funny indeed
moving house costed me a lot, I am running on my emergency fund at the moment, which is bad but it get's better so in a year or so if nothing goes wrong my situation will be fine and will start investing money ;-)
Have you thought about long term investments with re-investing all dividends? I used to do it with indices before but got my money out before they started going high. If I kept the money in I would have probably 50% profit within something like 3 years
On my way to financial independence - if others can do it - I can do it
  • #64
  • Jun 13, 2014 6:57am Jun 13, 2014 6:57am
Quoting Eur Usd
{quote} moving house costed me a lot, I am running on my emergency fund at the moment, which is bad but it get's better so in a year or so if nothing goes wrong my situation will be fine and will start investing money ;-) Have you thought about long term investments with re-investing all dividends? I used to do it with indices before but got my money out before they started going high. If I kept the money in I would have probably 50% profit within something like 3 years

I have always said I will be good at this and I am pretty confident, it’s only a matter of time. I have a website, http://bettingtrades.com/, where I hope in a few years’ time, I will be posting my signals for forex. It also has tips for football, if you want to try something else.

As for the bonds, no, what I have is enough
  • #65
  • Jun 14, 2014 1:16pm Jun 14, 2014 1:16pm

I am still a believer.Please find attached my performance for last week

Attached File(s)
File Type: xls bettingtrades.com (Week Commencing 15-06-2014).xls   1.8 MB | 372 downloads
  • #66
  • Jun 17, 2014 10:16am Jun 17, 2014 10:16am
I started this trading strategy where I only target 20 – 30 pips per trade, and it’s quite funny because the market doesn’t even move 20-30 for more than 2 4 hrs, and you hear some of the Gurus, saying you can make 1000 pips in a week, laughable
Below are the real stats for AUDUSD for i.e. the High minus the Low in the last 3 weeks, ignore the candle sticks that look big, these are the real stats
21/05/2014 34
22/05/2014 36
23/05/2014 25
26/05/2014 14
27/05/2014 42
28/05/2014 44
29/05/2014 77
30/05/2014 22
02/06/2014 74
03/06/2014 42
04/06/2014 32
05/06/2014 71
06/06/2014 20
09/06/2014 26
10/06/2014 29
11/06/2014 33
12/06/2014 54
13/06/2014 51

Now you tell me how you 1000 pips a day when the MAXIMUM High minus Low = 77 pips in 3 weeks
  • #67
  • Jun 17, 2014 10:45am Jun 17, 2014 10:45am
i'm not having a pop, but...
surely its time to try something alittle different

have you tried swing scalping
it can be fun, and nowhere nr as labour intensive
and will also give you your 18pips per day in a few trades
2 - 5 of these per wk could be 100-300pips
(a wk, not day, although it could be if you get very lucky)

entry should be on the 4hr+ TFs
closes possibly on a shorter TF
it all needs some thought / testing etc and decent instruments
but is it not worth a shot?
Attached Image (click to enlarge)
Click to Enlarge Name: quote-insanity-doing-the-same-thing-over-and-over-again-and-expecting-different-results-albert-e.jpg Size: 58 KB
  • #68
  • Jun 17, 2014 10:49am Jun 17, 2014 10:49am
Quoting Carlsberg
i'm not having a pop, but... surely its time to try something alittle different have you tried swing scalping it can be fun, and nowhere nr as labour intensive and will also give you your 18pips per day in a few trades 2 - 5 of these per wk could be 100-300pips (a wk, not day, although it could be if you get very lucky) entry should be on the 4hr+ TFs closes possibly on a shorter TF it all needs some thought / testing etc and decent instruments but is it not worth a shot? {image}
How is this system doing for you ? Can you show us on the xplorer please? or you are just one of those people who wanna use other people as guinea pigs .I tell you what , I have changed my style and my relsuts have improved a bit anyway so don't you worry about that
  • #69
  • Jun 17, 2014 11:05am Jun 17, 2014 11:05am
i've been my own guinea pig, lol
and just passing time here on the site, same as everyone else

ive been (at) trading for 8yrs, and know a few things that work, so it was just a suggestion
as minus anything is obviously not working

and no i would n't put up an explorer and don't even use MT4 as a broker, only for charting
i'm not selling anything nor want endless messages or anything from it so have no use for it

the suggestion to change is only meant with good intentions, nothing else
good luck
  • #70
  • Jun 17, 2014 2:13pm Jun 17, 2014 2:13pm
Quoting tafadzwa02
... I have changed my style and my relsuts have improved a bit anyway so don't you worry about that
but you're still loosing, just slower - you've read only one book as you were too lazy to read some more, and you base your trading on stubborn faith that some day method that don't work (not in all market conditions anyway) will start working. The picture with Einstein posted above by Carlsberg is instant truth, and as you never listened to me as I have 1 year less experience than you - maybe you will listen to Carlsberg who has more experience than you as sometimes it seems to me that you judge who's right by the years of experience not by the means this person gained experience.
Your money management is good but your method sucks - face it
do you think if the guy who wrote your book would bother to write it if he were successful? If I were successful trader earning real money I wouldn't give a single fcuk to write any book - I would just enjoy my life
It is easier to write a book about trading than trade
On my way to financial independence - if others can do it - I can do it
  • #71
  • Jun 20, 2014 1:49pm Jun 20, 2014 1:49pm
I must admit I am impressed with your performance. 3.2% this week............. wait a second. why is the 3.2% in red colour? oh, I see it now, it is 3.2% a loss I must say my performance is better as I haven't been trading for few months
On my way to financial independence - if others can do it - I can do it
  • #72
  • Jun 22, 2014 11:43pm Jun 22, 2014 11:43pm
I will not respond to critics at this juncture , my performance in the long run will answer their questions

Please find attached my last week performance
Attached File(s)
File Type: xls bettingtrades.com (Week Commencing 23-06-2014).xls   1.8 MB | 384 downloads
  • #73
  • Jun 25, 2014 7:48pm Jun 25, 2014 7:48pm
Take it easy bro. I might be losing a lot of trades, but small ones. However, you are losing big ones.

You might not be here soon enough if big losing trades continues.

Cheers,
FxTurtle
Fear prevent possibilities, and so does Greed
  • #74
  • Jun 27, 2014 5:04am Jun 27, 2014 5:04am
have you given up for good tafa?
On my way to financial independence - if others can do it - I can do it
  • #75
  • Jul 1, 2014 2:17am Jul 1, 2014 2:17am
The craziness from last week has spilled over to this week.Unbelievable.
Please find attached my performance , and I must say , I am not proud whatever the result as iot shows the demon is still lurking about
Attached File(s)
File Type: xls bettingtrades.com (Week Commencing 29-06-2014).xls   1.8 MB | 360 downloads
  • #76
  • Jul 1, 2014 3:38am Jul 1, 2014 3:38am
Quoting Eur Usd
have you given up for good tafa?

What do you mean? I am not a quitter
  • #77
  • Jul 1, 2014 4:41am Jul 1, 2014 4:41am
Quoting tafadzwa02
{quote} What do you mean? I am not a quitter
your explorer was off whole weekend. You are not going anywhere this way
On my way to financial independence - if others can do it - I can do it
  • #78
  • Jul 1, 2014 5:24am Jul 1, 2014 5:24am
Quoting Eur Usd
{quote} your explorer was off whole weekend. You are not going anywhere this way
funniest thing I have heard in 2 weeks .You have been saying this for months and look who has had his explorer taken off air, it’s not me and I am still going strong .Can you hold a trade where you have traded £10 per pi for more than a day like me, I bet not, your nerves would have go better of you
  • #79
  • Jul 1, 2014 6:03am Jul 1, 2014 6:03am
Quoting tafadzwa02
{quote} funniest thing i have heard in 2 weeks .you have been saying this for months and look who has had his explorer taken off air, it’s not me and i am still going strong .can you hold a trade where you have traded £10 per pi for more than a day like me, i bet not, your nerves would have go better of you
overtrading, loosing 15% on one trade etc - really strong
On my way to financial independence - if others can do it - I can do it
  • #80
  • Jul 1, 2014 6:31am Jul 1, 2014 6:31am
Quoting Jackub
{quote} Damn truth...
Not really
big boys, brokers and robots, they can see all orders, manipulate, run stops...it´s like a poker game now....they show a move, have all retailers jump in, they put their stops, then, "the liquidity pools" are "absorbed", (retailer $)
I tell you, I´m not an enemy of myself, actually, me and myself get along together amazingly well....
And by the way, chances are, if you don´t understand the underlying game, you will loose (average), 18 pips a day and more...
0 traders viewing now