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BO System? Here is "The Italian jOB"

  • #481
  • Oct 1, 2014 8:47am Oct 1, 2014 8:47am
Quoting vanupips
on some of the trades there is a line, all the conditions are met , but the trade was not taken and it is not accounted in your statistic, is this a mistake or is there a reason? (happens a lot)
So it is sometimes because the data are called by the platform, and the indicator works faster! Choose a different time frame and then back.
  • #482
  • Oct 1, 2014 11:10am Oct 1, 2014 11:10am
Hi Sugarman, are you using IG to place your trades and using 4 pairs
  • #483
  • Oct 2, 2014 12:28am Oct 2, 2014 12:28am
Quoting ade_fx
Hi Sugarman, are you using IG to place your trades and using 4 pairs
trading 6 pairs with IG.
Plan, Patience, Profit
  • #484
  • Oct 2, 2014 12:37am Oct 2, 2014 12:37am
Quoting sugarman
{quote} trading 6 pairs with IG.
Hi sugarman, what is the max consecutive losses that you had on 1 pair?
  • #485
  • Oct 2, 2014 12:41am Oct 2, 2014 12:41am
Quoting vanupips
{quote} Hi sugarman, what is the max consecutive losses that you had on 1 pair?
it was I think 4 that was 5 months ago, even if it goes to 8 that would only be 5% of my account.
Plan, Patience, Profit
  • #486
  • Oct 2, 2014 12:59am Oct 2, 2014 12:59am
Quoting sugarman
{quote} it was I think 4 that was 5 months ago, even if it goes to 8 that would only be 5% of my account.
8 losses would be 13000 , so your account should be 250000 ? if this method makes a 8000 profit /month , this is a 3% profit?
  • #487
  • Oct 2, 2014 1:06am Oct 2, 2014 1:06am
Quoting vanupips
{quote} 8 losses would be 13000 , so your account should be 250000 ? if this method makes a 8000 profit /month , this is a 3% profit?
The size of my account is no where near that.

Your maths is wrong, 8 losses is 6400.
Plan, Patience, Profit
  • #488
  • Oct 2, 2014 1:22am Oct 2, 2014 1:22am
Quoting sugarman
{quote} The size of my account is no where near that. Your maths is wrong, 8 losses is 6400.
50+100+200+400+800+1600+3200+6400 = 12750 if you loose 8, this is the total loss ?
  • #489
  • Oct 2, 2014 1:26am Oct 2, 2014 1:26am
Quoting vanupips
{quote} 50+100+200+400+800+1600+3200+6400 = 12750 if you loose 8, this is the total loss ?
you havent added back the winning trade after 8 losses.
Plan, Patience, Profit
  • #490
  • Oct 2, 2014 1:33am Oct 2, 2014 1:33am
[quote=sugarman;7775013]{quote} you havent added back the winning trade after 8 losses, £10500.
Plan, Patience, Profit
  • #491
  • Oct 2, 2014 1:42am Oct 2, 2014 1:42am
[quote=sugarman;7775021]
Quoting sugarman
{quote} you havent added back the winning trade after 8 losses, £10500.
you are right , but you wrote that 8 losses would be less then 5% of your account, from there my calculation.
I appreciate very much all your help and system, just need to know how much capital is needed not to bust it
in case I am ready to take max 5 losses (as you never had more than 4) a capital of 4000 would seem apropriate ,
with possibilty to loose 1600 on loosing streak from 5 and begin again. Am I correct?
thanks again.
  • #492
  • Oct 2, 2014 2:01am Oct 2, 2014 2:01am
[quote=vanupips;7775039][quote=sugarman;7775021]{quote} you are right , but you wrote that 8 losses would be less then 5% of your account, from there my calculation. I appreciate very much all your help and system, just need to know how much capital is needed not to bust it in case I am ready to take max 5 losses (as you never had more than 4) a capital of 4000 would seem apropriate , with possibilty to loose 1600 on loosing streak from 5 and begin again. Am I correct? thanks again.[/quot

why not start off with a small account, start with £5 take a loss and start again with £5. I double up as this works for me.
Plan, Patience, Profit
  • #493
  • Oct 2, 2014 2:08am Oct 2, 2014 2:08am
4 wins this morning.
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Plan, Patience, Profit
  • #494
  • Oct 2, 2014 2:28am Oct 2, 2014 2:28am
we may have a buy on GBP/USD at 08.30
Plan, Patience, Profit
  • #495
  • Oct 2, 2014 2:30am Oct 2, 2014 2:30am
Quoting sugarman
we may have a buy on GBP/USD at 08.30
no buy
Plan, Patience, Profit
  • #496
  • Oct 2, 2014 2:36am Oct 2, 2014 2:36am
Quoting sugarman
{quote} no buy
your screenshots are from FXDD mt4 , are you using them to generate signal ?
  • #497
  • Oct 2, 2014 2:39am Oct 2, 2014 2:39am
Quoting vanupips
{quote} your screenshots are from FXDD mt4 , are you using them to generate signal ?
sure am.
Plan, Patience, Profit
  • #498
  • Oct 2, 2014 3:20am Oct 2, 2014 3:20am
buy GBP/JPY
Plan, Patience, Profit
  • #499
  • Oct 2, 2014 3:25am Oct 2, 2014 3:25am
Quoting sugarman
buy GBP/JPY
another winner.
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Plan, Patience, Profit
  • #500
  • Oct 2, 2014 3:32am Oct 2, 2014 3:32am
sugarman - when you take the higher/lower trade on how many minutes is it based (expiry).
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