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  • #1,221
  • May 2, 2015 8:21am May 2, 2015 8:21am
was way from FF due to some work, some ask about demo account it is past now
every thing is possible with in one month more than 10000% and lost in a day yes it was demo.

at one point out of 291 trades 266 was win!!!! profit factor was 31.

this month 100% in one day (1 MAY) will up load soon.
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don't predict direction, but dance with flow of water
  • #1,222
  • May 2, 2015 6:46pm May 2, 2015 6:46pm
Quoting priceaction1
was way from FF due to some work, some ask about demo account it is past now every thing is possible with in one month more than 10000% and lost in a day yes it was demo. at one point out of 291 trades 266 was win!!!! profit factor was 31. this month 100% in one day (1 MAY) will up load soon. {image} {image}
Yes, Everything is possible in one day.you are the only one who can do a successful revenge trade ,I would like to add my experience here.
For demo account,I open a postion without stop loss with closed eye and makes profit, not every trade but overall I make them money in demo But when it comes to real one,I have adopted 3 bad habits and trying to get rid of them , would appreciate your suggestions.

1-I feel scared before open a postion in my real account even Market indicates to dance with it and I keep looking at price until it reverse,yes it goes my way and till then I miss the bus.

2-on demo account I don't bother to look at my position all the time or again and again,I open it and let it run and makes maximum profit
but in my real one,I open a position and keep staring at it , don't wait for next price action, lose patience close it too early with a tiny profit as compared to demo.i know price move in swings make higher highs and higher lows etc ,my blood goes
dry when price makes higher lows or lower lows,that 's why I close it too early.

3-If I lose a trade, then I try to make a revenge trade with double or triple lot size of lost one,by aiming that I have to
recover my loss in previous trade + make extra profit and eventually get killed again.
  • #1,223
  • May 3, 2015 2:13am May 3, 2015 2:13am
must watch it is way of trading I like!!!!!
Inserted Video
don't predict direction, but dance with flow of water
  • #1,224
  • May 3, 2015 2:34am May 3, 2015 2:34am
this one too
Inserted Video
don't predict direction, but dance with flow of water
  • #1,225
  • May 3, 2015 3:14am May 3, 2015 3:14am
  • #1,226
  • May 3, 2015 6:35am May 3, 2015 6:35am
Why did you stop trading feed? Are you going to do it again with real account?
  • #1,227
  • May 3, 2015 6:56am May 3, 2015 6:56am
Quoting priceaction1
this one too https://www.youtube.com/watch?v=vhtzw_UYNsE
Very nice!
Fix up, trade sharp ...
  • #1,228
  • May 3, 2015 7:16am May 3, 2015 7:16am
Quoting KonradPLN
Why did you stop trading feed? Are you going to do it again with real account?
I did not stop live trading.
don't predict direction, but dance with flow of water
  • #1,229
  • May 3, 2015 7:45am May 3, 2015 7:45am
Quoting priceaction1
{quote} I did not stop live trading.
Only trading the big charts!
Fix up, trade sharp ...
  • #1,230
  • May 3, 2015 7:46am May 3, 2015 7:46am
Quoting priceaction1
must watch it is way of trading I like!!!!! https://www.youtube.com/watch?v=zQqxmh8keos
Thank you Peiceaction1 for sharing, it's really important lesson that we shall all keep in our heart.

Importance of MM and have a good plan to trade have a nice sunday avo!
  • #1,231
  • May 3, 2015 8:23am May 3, 2015 8:23am
Quoting priceaction1
this one too https://www.youtube.com/watch?v=vhtzw_UYNsE
Very informative and productive video but should cover 5 min or 15 min charts.
  • #1,232
  • May 3, 2015 7:42pm May 3, 2015 7:42pm
Hi priceaction1. I'm a trader who has been trading live on and off. Started trading demo for 1 year then moved on to live account after doubling demo account and then I blew up the live account slowly in 1 year. Traded another year of demo last year and doubled again. Right now trading my 2nd live account. I look at daily time frames and use a very simple technical setup coupled with my fundamental analysis. I saw your post about you gaining 10000% (even though you said you lost it later) and was interested in how you trade. I'm looking for someone like a mentor to follow and learn more, wondering if you could share.

I'm trying to learn how to capitalize on trends while hedging my positions on pull backs. I'm still a little confused on how to do that. If I'm in the green for 200 pips and I expect a pullback, what should I be doing? Close the position and wait? Or enter new ones?
  • #1,233
  • Edited 8:48am May 4, 2015 8:02am | Edited 8:48am
Quoting anwaarkhan
To My mind,This is future direction of the trend. Correct me ? {image} {image}

It's guessing! Actually, it's the worst point to make decision, because now EURUSD is generally strong, but it ended rising wave and now it can start to consolidate, correct or reverse. Downward momentum is rather weak, but there are two massive candles that show strength of sellers. 1.1224 now is good resistance in this downward move. As I can see it probably will fall below 1.1070 before next upward move, however it can be also beginning of bigger downward move. I don't guess and trade with market flow on small time frames Best regards!
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  • #1,234
  • May 4, 2015 8:15am May 4, 2015 8:15am
Quoting insomniawawa
{quote} It's guessing! Actually, it's the worst point to make decision, because now EURUSD is generally strong, but it ended rising wave and now it can start to consolidate, correct or reverse. Downward momentum is rather weak, but there are two massive candles that show strength of sellers. 1.1224 now is good resistance in this downward move. As I can see it probably will fall below 1.1070 before next upward move, however I can be also beginning of bigger downward move. I don't guess and trade with market flow on small time frames Best regards!...


  • #1,235
  • May 5, 2015 7:27am May 5, 2015 7:27am
this time 780% in 5 days
Attached Image (click to enlarge)
Click to Enlarge Name: Ican.png Size: 118 KB
don't predict direction, but dance with flow of water
  • #1,236
  • May 5, 2015 8:11am May 5, 2015 8:11am
Quoting priceaction1
this time 780% in 5 days {image}
Gambling contest?
Fix up, trade sharp ...
  • #1,237
  • May 5, 2015 8:19am May 5, 2015 8:19am
Quoting Hickson
{quote} Gambling contest?
yes it is
don't predict direction, but dance with flow of water
  • #1,238
  • May 5, 2015 8:24am May 5, 2015 8:24am
Quoting priceaction1
{quote} yes it is
I do not waste time with these contests anymore ... most people will use some EAs martingaling ... no chance to win this with normal trading and good MM. More of a lottery which martingale will not go broke.
Fix up, trade sharp ...
  • #1,239
  • May 5, 2015 8:32am May 5, 2015 8:32am
Quoting Hickson
{quote} I do not waste time with these contests anymore ... most people will use some EAs martingaling ... no chance to win this with normal trading and good MM. More of a lottery which martingale will not go broke.
not play for win just use as a demo trading i.e when I am not clear to do or not to do the trade than I use demo for take a trade for system check.
don't predict direction, but dance with flow of water
  • #1,240
  • May 5, 2015 8:46am May 5, 2015 8:46am
Quoting priceaction1
{quote} not play for win just use as a demo trading i.e when I am not clear to do or not to do the trade than I use demo for take a trade for system check.

Yes, that can be done of course. Developing strategies on demo ... however, i do not like most scalping systems ... spread will eat up any profits and RR is not good in most of them.
Fix up, trade sharp ...
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