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Trade with 60

  • #801
  • Jun 21, 2016 10:59am Jun 21, 2016 10:59am
Ashlem,

It is up to yourself to discover what type of trader you are.

Sometimes Breakouts will work better and give you a better result and sometimes Swing trading.

Try and practice for yourself
  • #802
  • Jun 22, 2016 5:28am Jun 22, 2016 5:28am
Hi everyone, here's a little update with year to date data.

557 trades - win rate 51.1% - max consecutive wins 8 - max consecutive losers 13 (that hurt!) - average trade winner 1.75% - average trade losers 1.3%

6 month target hit with 2 weeks to go -

2036 pips on H1/H4 (chart 1) and
557 on Daily (chart 2)..
weekly version (chart 3) *highlighted area on chart 3 is holiday period so very little trading on H1

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tradewith60
  • #803
  • Jun 22, 2016 10:50am Jun 22, 2016 10:50am
Quoting 60minuteman
Hi everyone, here's a little update with year to date data. 557 trades - win rate 51.1% - max consecutive wins 8 - max consecutive losers 13 (that hurt!) - average trade winner 1.75% - average trade losers 1.3% 6 month target hit with 2 weeks to go - 2036 pips on H1/H4 (chart 1) and 557 on Daily (chart 2).. weekly version (chart 3) *highlighted area on chart 3 is holiday period so very little trading on H1 {image} {image} {image}
Hi
Is the 557 pips on daily for March and April only that is for 2 months?
Regards
  • #804
  • Jun 22, 2016 12:22pm Jun 22, 2016 12:22pm
Quoting howard
{quote} Hi Is the 557 pips on daily for March and April only that is for 2 months?
that was the 4 weeks I was on Holiday - so it was just the last 2 days of February and some of March
tradewith60
  • #805
  • Jun 26, 2016 8:29am Jun 26, 2016 8:29am
Hi Traders,

A new video is available at :
Inserted Video



Go to: https://www.youtube.com/c/tradewith60live and subscribe.
  • #806
  • Jun 27, 2016 4:39am Jun 27, 2016 4:39am
Thanks Willem.
You cover quite a lot of pairs in the video, but how many orders/trades would you actually have open at the same time please?
  • #807
  • Jun 28, 2016 8:54am Jun 28, 2016 8:54am
Inserted Video
tradewith60
  • #808
  • Jun 29, 2016 3:15pm Jun 29, 2016 3:15pm
Inserted Video
tradewith60
  • #809
  • Jul 3, 2016 8:28am Jul 3, 2016 8:28am
Traders,

A new video is available:

Go to : https://www.youtube.com/c/tradewith60live

Scroll down to Willem daily timeframe
  • #810
  • Jul 4, 2016 4:40am Jul 4, 2016 4:40am
With your system do you trade on public holidays Ie low volatility on 1 hour and 4 hours
  • #811
  • Jul 4, 2016 11:12pm Jul 4, 2016 11:12pm
Quoting raylin
With your system do you trade on public holidays Ie low volatility on 1 hour and 4 hours
yes and no Raylin - in the group we have seen probably an equal split between them be good days and bad, so really it's just a matter of choice and not significant over the long run
tradewith60
  • #812
  • Jul 10, 2016 10:17am Jul 10, 2016 10:17am
A new video is available:
Daily timeframe tradingstrategy by Willem

go to you : youtube.com/c/tradewith60live

Kind regards
  • #813
  • Jul 12, 2016 4:16am Jul 12, 2016 4:16am
Thanks Willem
  • #814
  • Jul 12, 2016 3:32pm Jul 12, 2016 3:32pm
Quoting 60minuteman
Hi everyone, here's a little update with year to date data. 557 trades - win rate 51.1% - max consecutive wins 8 - max consecutive losers 13 (that hurt!) - average trade winner 1.75% - average trade losers 1.3% 6 month target hit with 2 weeks to go - 2036 pips on H1/H4 (chart 1) and 557 on Daily (chart 2).. weekly version (chart 3) *highlighted area on chart 3 is holiday period so very little trading on H1 {image} {image} {image}
Hi
Could you please explain how are you doing success with this system?
51.1% of winning ratio is almost like flipping a coin.
Regards
Merka
  • #815
  • Jul 12, 2016 9:24pm Jul 12, 2016 9:24pm
Quoting Merka
{quote} Hi Could you please explain how are you doing success with this system? 51.1% of winning ratio is almost like flipping a coin. Regards Merka

A coin flip with an edge.

Look at the results:
average win = 1.75%
Average loss = 1.3%
total pips won over 2500

And you ask why is this successful?
Suggest you spend a bit more time researching rather than trading. Best of luck.
" check out The Traders Outpost "
  • #816
  • Jul 13, 2016 2:26am Jul 13, 2016 2:26am
Hi
Thanks for replying.
The purpose of my question was to understand how this strategy could be a winning ones.
Watched some videos on you tube but still not clear enough for someone that just discovered this thread for the fist time.
Where to find more complete information about this strategy?
Does this strategy work on higher time frames like 4H, D1 etc...
Regards
Merka
  • #817
  • Jul 13, 2016 2:52am Jul 13, 2016 2:52am
Quoting Merka
Hi Thanks for replying. The purpose of my question was to understand how this strategy could be a winning ones. Watched some videos on you tube but still not clear enough for someone that just discovered this thread for the fist time. Where to find more complete information about this strategy? Does this strategy work on higher time frames like 4H, D1 etc... Regards Merka
Hi Merka,

the big idea here is instead of trying to predict price movement using analysis we accept that the movement of price is largely unpredictable. So we trade movement alone - price has to move and when it does we will be in that movement. If price is going up we buy, if price is going down we sell - then we manage those trades in a style we prefer... holding for a few big wins, taking profit quickly. We have a simple trigger as to when we should manage trades and then we have a few options (hold,move to b.e, close)

It is about adopting a different mindset to the masses, we know the majority of people trade with technical analysis and we know most people are losing, statistically we also know that technical analysis really doesn't work. We also know that ALL humans suffer from the same cognitive biasses to differing amounts and trying to predict price movements plays into the hands of those biasses hence so much human error.

It will always be your exit and the market movement that decides your profit - the belief that entries have a large part to play is purely down to ego and wanting to prove oneself. Most traders want to control the market and the outcome of each of their trades, they want to remove uncertainty - we on the other hand know that it is about long term averages and opportunity, as long as price moves we have opportunity.

As for long TF, we're pretty much all trading H4 and Daily TF in the group now - price movement is the same on all timeframes, it goes up and down - the higher TF's give more time to manage trades and most weeks we have all hit our targets in the first few days of the week.

Here's an older video going over the basics
Inserted Video
tradewith60
  • #818
  • Jul 13, 2016 3:31am Jul 13, 2016 3:31am
Thanks "60minuteman"
It's completely a different approach.
I want to understand more about your method.
Please send me a PM to how to get in touch with you and where to find more info about your method.
Regards
Merka
  • #819
  • Jul 13, 2016 5:10am Jul 13, 2016 5:10am
Quoting Merka
Thanks "60minuteman" It's completely a different approach. I want to understand more about your method. Please send me a PM to how to get in touch with you and where to find more info about your method. Regards Merka
free stuff is on the youtube channel https://www.youtube.com/c/tradewith60live

if you want to join our group and get access to the live trade calls in facebook then go here www.tradewith60.com
tradewith60
  • #820
  • Jul 13, 2016 2:07pm Jul 13, 2016 2:07pm
Quoting 60minuteman
{quote} free stuff is on the youtube channel https://www.youtube.com/c/tradewith60live if you want to join our group and get access to the live trade calls in facebook then go here www.tradewith60.com
Thanks
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