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  • #141
  • Edited 1:32am Jul 27, 2014 1:12am | Edited 1:32am
fredgold3434

If he take exactly -34 pip loss in 5 trade then the outcome would look like this excel. Do remember that this is for 200:1 leverage. USA people can't make these kind of bet at 50:1 leverage. Looking at his log his loss is small like I stated...less than 34 pip.

As for his EA, he said it on the 1st page, close trade if candle close above/below yesterdays high/low. But he also have the power to close it manually himself if he want to...

This is what he said on his "attached log"

Leverage 1:200
Start with 100$
SL 34 pips or yhigh/ylow <--- "OR" ... so it's likely the -34 pip on his log is the one he close out by himself..
No TP



Attached Image
  • #142
  • Jul 27, 2014 1:37am Jul 27, 2014 1:37am
Quoting victor_ray
fredgold3434 If he take exactly -34 pip loss in 5 trade then the outcome would look like this excel. Do remember that this is for 200:1 leverage. USA people can't make these kind of bet at 50:1 leverage. Looking at his log his loss is small like I stated...less than 34 pip. As for his EA, he said it on the 1st page, close trade if candle close above/below yesterdays high/low. But he also have the power to close it manually himself if he want to... This is what he said on his "attached log" Leverage 1:200 Start with 100$ SL 34 pips or yhigh/ylow...
if the candle goes 100 pips losing even before closing, it will be margin call for his account by the broker before the EA can do anything.
i know that usa people can not have that high leverage,we just take his word and analyzing for his account with 1:2000 leverage.
then how his account will look like?
regards
fred
  • #143
  • Jul 27, 2014 1:45am Jul 27, 2014 1:45am
On a 1:2000 leverage

If he bet 50% risk at 34 pip (mental) stoploss. He will Margin Call at any time the trade goes -61 pip.

Ofcourse this is just an "if" scenario...

Unlike author you can prevent Margincall by setting "REAL hard stoploss and don't depend on EA..." and "use 30% risk or 15%..."
  • #144
  • Jul 27, 2014 1:49am Jul 27, 2014 1:49am
Quoting victor_ray
Do remember that this is for 200:1 leverage. USA people can't make these kind of bet at 50:1 leverage.
In any leverage situation we could easily ruin the account if we don't get a lucky consecutive win streak. We have the same possibilities (3.13%) for 5 consecutive wins than for 5 consecutive loses if chance is 50/50.

This system is very risky but at the same time there is a chance it could generate serious profit.
  • #145
  • Edited 2:33am Jul 27, 2014 1:59am | Edited 2:33am
Of course this is 100$ risk to be rich..

That's why we need accuracy the more accuracy signal the better.

The author claim that you can "take any candle as reference point. From there there you just bet and "hold for 24 hour exactly" result you should get close to 50/50% random win ratio" AS LONG as you are able to bet AFTER lose 3x loss in a row you should be good because "50/50"...

The author is just super greedy with 50% risk.

That's why I said to risk only 30% so that way you can have more chance of survival of losing 5 in a row and still doing ok...

It's known that having "GOOD MM Risk:Reward" will win in the end... not all Risk:Reward even though on paper R1:R1 it look good but in REAL market it's a different ball game...

Which is why experience contribute to success. I am sure newbie who trade the market for 1-2 year can't possibly win due to lack of experience. But a 4+ year trader SHOULD be able to gamble ok...

I'll let you choose:

Option1: Risk1:Reward1 --->. Risk 100 pip: Reward 100 pip

Option2: Risk1:Reward2 ----> Risk 100 pip:Reward 200 pip

Option3: Risk 1:Reward 1 ---> Risk 34 pip: Reward 34 pip

Option4: Risk 1: Reward2 ---> Risk 34 pip: reward 68 pip


I am sure it doesn't take a genius to see which "option will PROFIT the fastest and hit the stop loss the least"

----
Since I posted the compound for 15% daily gain in previous post..

I should post the "DE-compound for -15% daily loss"

Attached Image (click to enlarge)
Click to Enlarge Name: -15% loss DE-compound risk for USA broker.png Size: 32 KB


The NFA 50:1 leverage have criple gambler so bad that it's so hard to lose fast money...

As alway try in demo at least 1 month before you go live you will be surprise how long that 100$ will last you as long as you obey the "% MM" .
  • #146
  • Jul 27, 2014 3:57am Jul 27, 2014 3:57am
Quoting sinexcellent
@terry i saw what you post before but i dont know why you delete it. well, like i said it's achieveable from my own experience, and from my point of view. we just don't know how yet. i've been trading years using a big amount of money to do safe trade. but sometimes i wonder, how to achieve the high profit with low risk. i believe, changing pair (outside the EUR/USD right now) will surely show the result. the key to success using this method is, finding a pair which have low spread and high daily average movement. And lastly how to do the MM (i...
oh sorry guys i forgot to re-post my image results.

as you can see, this system CAN work. i wasnt doubling up here, nor using any stop loss, i was just running the test for fun and as you can see, if i had been doing the same RR rules and MM as Jysticim i would've defo made millions. also if doing this live i wouldve been a happy man now. but i ran same thing on the same two months 1 year earlier and i blew my account, again happened the next two months.

You have to be lucky.

think about it. you need to do a consistent 2:1 RR. 50% win ratio plus 2:1 is enough to make this strategy work. you can get 50% win ratio by random entry but as soon as you employ 2:1 with stops, your win ratio WILL go down to about 33% to reflect your stop outs. so you need an edge that will net you about +66% win ratio. employing 2:1 will bring that down automatically to about 50% win ratio, but this is enough. as you can see from my test here i was at about +64% win ratio, a bit of luck with consecutive wins (means i didnt need to hit +66%) and i quadruppled my account in two months.
Attached Image (click to enlarge)
Click to Enlarge Name: everythingwasalie.png Size: 71 KB
  • #147
  • Jul 27, 2014 4:21am Jul 27, 2014 4:21am
possible other combinations 1:1 RR with +55% win ratio "should" be enough. but it will take longer and higher chance you will be stuck in making money, losing money, making money, losing money, etc

best is 2:1 but then you need to get your win ratio considerably higher, which with our 'random' entry system will be hard to do.

also dont go "double or half", go "x1.5 or 3/4". its better. with 50% win ratio. both are essentially 2:1. for example:

2:1 with "double or half" - $100 start
day 1: win - $200
day 2: loss - $100
day 3: win - $200
day 4: loss - $100
you can see the issue here.... can be perpetually stuck making money, then losing, then making, etc, etc

2:1 with "x1.5 or 3/4" - $100 start
day 1: win - $150
day 2: loss - $112.50
day 3: win - $168.75
day 4: loss - $126.56
so you see here, same 2:1 RR, same days, same wins and losses but one account you end up with more money.

hope this helps.
  • #148
  • Jul 27, 2014 9:26am Jul 27, 2014 9:26am
Quoting victor_ray
sinexcellent, You are wrong to stop at 50,000 Some time your mind is clouded by "safety"... How about this solution: if you even get to 50,000$... You should withdraw 1000$ which give you 10x 100$ tries... Use the 49,000$ to play safely and then "re-start the gamble game for the other 10 x 100$.. so you have 10 tries.. " That way you can get...another 50,000$.. ---- On another note that people should notice: The author is using "sonic R" system but the rule is not from sonic R.. ---- I would say the only people who can succeed gambling...
i don't feel it's wrong to take the profit and stop for taking a breather.

at least what i gonna do is withdraw all the money and maybe use $1000 for trading again.

i dont want greed takeme in and make me forget when i need to stop for a while.
  • #149
  • Edited Jul 28, 2014 1:06am Jul 27, 2014 11:04pm | Edited Jul 28, 2014 1:06am
The market is now open so it's betting time

I was seriously wasn't going to share this but I'll consider this as "experiment" ...

I have pick the Same candle everytime exactly at 5:00 ... my time not your time. So match the candle yourself.

I believe this is the best time to enter two thing will happen after I show this screenshot..

#1 People band wagon and use this my pick time candle and bet my side? and that can either help or destroy my win...

If it's true that more people know the better "volume" will help push toward my favor than this experiment is worth every penny of MY time..

If the conclusion come down making me Lose because everyone band wagon my trade...

Then this will be the last thing I share any signal "about this system"... Because I rather you guy all lose money than me losing money... I want to be rich even if it mean all of your money is mine then so be it.

With that said: The rules is same as the author:

Entry Rule: You alway ENTER at the SAME exact candle close EVERY DAY. Candle bullish = Buy , Candle Bearish = Sell , Candle Doji (use your brain and bet with the long term daily trend)

Stoploss rule: Trade #1 AND Trade #2 -> Set S/L 34 pip OR previous daily High or Low (only if it's below 34 pip) : Meaning your MAX SL is alway will be 34 pip

Take Profit rule: Trade #1 : Set TP 34 pip because of (risk 1: reward 1... Don't go fancy do reward 2 you have been warn)

Take profit rule: Trade #2: NO SET TP, you will close out the Trade #2 at exactly 24hr no matter how much pip you win OR LOSE...

Risk: I live in USA so my risk is max out 15% at 50:1` leverage. I have no choice here... So that mean each of my trade is : 7.5% risk!!!


I post a screen shot now just to get people ready to jump on the band wagon.

I will be playing with 100$ on LIVE account because I am not stupid.. 100$ that can win 27,000$.. more than enough for initial balance.



Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd Same Candle pick.png Size: 72 KB




Live order bet:

Attached Image (click to enlarge)
Click to Enlarge Name: eu_buy_7-27-2014.png Size: 54 KB
  • #150
  • Jul 27, 2014 11:32pm Jul 27, 2014 11:32pm
Quoting victor_ray
The market is now open so it's betting time I was seriously wasn't going to share this but I'll consider this as "experiment" ... I have pick the Same candle everytime exactly at 5:00 ... my time not your time. So match the candle yourself. I believe this is the best time to enter two thing will happen after I show this screenshot.. #1 People band wagon and use this my pick time candle and bet my side? and that can either help or destroy my win... If it's true that more people know the better "volume" will help push toward my favor than this...
haha good luck m8, you'll need it!
  • #151
  • Jul 28, 2014 1:15am Jul 28, 2014 1:15am
Thanks TerryTibbs,

Maybe this will be my lucky month since it's "low volatility an all" my stop should not be hit often....
  • #152
  • Jul 28, 2014 4:03am Jul 28, 2014 4:03am
Quoting victor_ray
Thanks TerryTibbs, Maybe this will be my lucky month since it's "low volatility an all" my stop should not be hit often....
Maybe you will not need luck
Attached Image (click to enlarge)
Click to Enlarge Name: CrabEU.png Size: 125 KB
When all conditions are met - Enter trade - sit back and FRET !!!
  • #153
  • Jul 28, 2014 7:07pm Jul 28, 2014 7:07pm
Quoting victor_ray
hello chjungen, Too much volatility is not good, it will hit the stop loss more often. Too little volatility you won't hit tp 34 pip. We are not trying to catch big move. The main objective is to get : Risk 1: Reward 1 consistently without your stoploss hit. But anyway: I have did that math for the "USA" people since I live in usa so I am am force to obey NFA broker rule 50:1 leverage. So the math come out to: If you set SL at 34 pip the maximum risk you can take is 15% PER TRADE only.... (boooooo...) But whatever 15% is still ok more chance for...

I just want to point out; while this is nice and all, when talking about probabilities in a 1:1 situation and getting 66 wins in a row is like asking for a coin toss with 66 heads or tail in a row in 66 flips of which the odds are ..

1 in 7.4 X 10^19; You're better off going hard and fast with leverage but i still don't get how the OP gets a clean -3.4 pips with soft SLs and no clear TP levels
  • #154
  • Edited Jul 29, 2014 1:18am Jul 28, 2014 9:31pm | Edited Jul 29, 2014 1:18am
Quoting nitecop
{quote} I just want to point out; while this is nice and all, when talking about probabilities in a 1:1 situation and getting 66 wins in a row is like asking for a coin toss with 66 heads or tail in a row in 66 flips of which the odds are .. 1 in 7.4 X 10^19; You're better off going hard and fast with leverage but i still don't get how the OP gets a clean -3.4 pips with soft SLs and no clear TP levels
The author get a "a clean -3.4 pip" could be due to "holding the trade for 24hr and market retrace back to the original order where -3.4 pip is basically spread loss.

You don't hold the trade more than 24 hour, you have to get out whether you like it or not even if it say -5 pip..loss..

As for the 66 win in a row lol, is just figure of speech obviously there is will be some loss in the mid 10 trades.. But it shouldn't be too bad.

You and other people underestimate the power of "% leverage". But it's ok you will see if I can survive ..10 future trade with "each day I risk 15% MAX"....

This is an example of "clean small loss "

Yesterday:
Day 1 : July-28-2014
Result : -0.77 pip
Balance: $99.66

Attached Image (click to enlarge)
Click to Enlarge Name: eu_buy_7-28-2014 - Result_ -0.77 pip.png Size: 9 KB



Today New Bet:
Day 2 : July 29-2014:
Attached Image (click to enlarge)
Click to Enlarge Name: eu_sell_7-29-2014.png Size: 59 KB
  • #155
  • Jul 29, 2014 2:03am Jul 29, 2014 2:03am
thanks for keeping us updated. it'll be hard for you to pull this off with such low leverage..... good luck, 1:1 wont be too hard to manage or maintain but i fear you'll keep getting stuck in cycles of losing money and earning money without any sort of real edge.
  • #156
  • Jul 29, 2014 4:44am Jul 29, 2014 4:44am
Hello everybody,

I am back from a nice holiday. Below are the results of last week, traded with the normal rules and no TP. I included also the results when I started, from the 17th June.

Sell Day 25:
Open 1.35238
Close 1.34854 Gain: 384 // 38.4 Pips
384 Pips x (0.00001/1.34854)x(379$ x 200) = 216$ +379$ = 595$

Sell Day 26:
Open 1.34818
Close 1.34673 Gain: 145 // 14.5 Pips
145 Pips x (0.00001/1.34673)x(595$ x 200) = 128$ +595$ = 723$

Sell Day 27:
Open 1.34630
Close 1.34837 Gain: -207 // -20.7 Pips
-207 Pips x (0.00001/1.34837)x(723$ x 200) = -221$ +723$ = 502$

Sell Day 28:
Open 1.34771
Close 1.34454 Gain: 317 // 31.7 Pips
317 Pips x (0.00001/1.34454)x(502$ x 200) = 237$ +502$ = 739$

Buy Day 29:
Open 1.34494
Close 1.34427 Gain: -67 // -6.7 Pips
-67 Pips x (0.00001/1.34427)x(739$ x 200) = -73$ +739$ = 666$

Sell Day 30(Yesterday, closed today):
Open 1.34365
Close 1.34389 Gain: -24 // -2.4 Pips
-24 Pips x (0.00001/1.34389)x(666$ x 200) = -23$ +666$ = 643$

Next up I will make once more clear what the rules are and why they are there.
Attached Image (click to enlarge)
Click to Enlarge Name: swaggy12.png Size: 13 KB
Attached File(s)
File Type: docx Swag & Track.docx   16 KB | 365 downloads
  • #157
  • Jul 29, 2014 5:39am Jul 29, 2014 5:39am
Rules:
Only trade this strategy when you already trade well. This strategy is for relieve of boredom.

Leverage 1:200
Start with 100$

Trade
The size of the trade will always be the whole account, you can use a lot calculator to calculate the position size.

Entry
For this strategy the entry needs to be as random as possible, this is explained in previous posts. Choose a candle arround the opening, not the opening/breakout, of a major pair, this is also explained in previous posts. For example entry the 2e candle after london opening. So if you chose the candle you are confident with you will use this candle time everyday. You enter the trade for the day at candle closure. If the candle is bullish you buy. If the candle is bearish you sell.

SL & TP
34 Pips is the hard SL, losses may not exceed 34 Pips.
To gain and not break-even we need to use some sort of market analysing. We use yesterdays data to determine our SL. When yesterdays high/lows are in range of 34 Pips we use them.

For example; today we sell so we look left and we see that yesterdays high is in range. The SL will be 9.1 Pips higher then the opening level.

The TP is only more clutter/complicated for the most people here so for now we will leave that behind.

Close
Next day we close our trade if the SL levels are not hit exactly after 23 hours, thats the start of the candle you chose to trade.

I hope this gave you a clear view of the rules.

Sell Day 31(Today):
Open 1.34346
Close xxxxxxx

SL 1.34435

Green pipping to everyone
  • #158
  • Jul 29, 2014 6:08am Jul 29, 2014 6:08am
Hi everybody,

Letīs try this ...

Open Eur/Gbp at 11.00 GMT
Buy @ 0.79032
Sl (yesterday`s low) @ 0.79032 (22.9 pips)

We`ll see what happened tomorow... same time

Ronichimo
  • #159
  • Edited 6:45am Jul 29, 2014 6:14am | Edited 6:45am
@ RPM#105
Yes spread needs always to be included in the SL.

@ Spyderman#108
You are totally right

@ sinexcellent#111
For the leverage 1:200 the SL is 34 pips // 340 points.

@ MolaRam#112
You are right about the EA thing, I made it myself. But for the leverage 1:200 you won't need an EA.

@ TerryTibs#114
The R:R is not 2:1 because you don't use a TP. You can also gain more then 50% a day.

@ sinexcellent#117
Where does that SL of 30.2 pips come from, what leverage do you trade because it doesn't even make any sense. Also a hard TP of 64 pips is nonsense.
High profit with low risk is not achievable.

@ civilpes2001#121
I am also a human ;p At the end of day 9 it should be 70,105. With this MM your account will never go broke.


Will post more awnsers soon
  • #160
  • Edited 2:42pm Jul 29, 2014 7:07am | Edited 2:42pm
@ victor_ray
Exactly, this strategy is only for the people that already trade well and want to do something fun. And if you understand the strategy you will never really blow your account. As last a TP of 34 pips is nonsense as it is based on nothing. If you use the TP rule posted previous and understand it well you see that is is only for beter results in low volatile times.

Do you really think that this strategy is a gamble. Let's take a look. With gambling you will always lose money or you need to be the one person in millions that is lucky. You can't change the fate of your money when gambling at the casino. With this strategy you can, claim partially that luck with market analysing and a good MM.

See it this way. If you would have an account with 10k on it you and you start trading with 1%, the 100$, you will never have a bigger DD then 1% of the initial account ballance.

Because you have the possibility of winning/losing 50% of the time your MM need also to be this way.

Next I will post the results of March this year, they are promising.
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