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Attachments: 50 to 22000 in one week
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50 to 22000 in one week

  • #1,221
  • Sep 9, 2016 7:58am Sep 9, 2016 7:58am
I 'think' on Monday it will either go up or down.
  • #1,222
  • Sep 9, 2016 8:02am Sep 9, 2016 8:02am
Quoting crashout
Congrats for your unbelievable week Bagx. Very nice job, don't forget to withdraw some profits, you deserve it Have a nice week-end !
dude has pulled out 7k so far i think, trading with free money
  • #1,223
  • Sep 9, 2016 9:10am Sep 9, 2016 9:10am
Spot the div 
 
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20160909-170920.png Size: 146 KB
practising coitus interruptus
  • #1,224
  • Sep 9, 2016 9:22am Sep 9, 2016 9:22am
Quoting rozay
{quote} how far, long time
Rozay Am good. Nice to see you are still in FX
  • #1,225
  • Sep 9, 2016 9:29am Sep 9, 2016 9:29am
Quoting unclenna
I will blow everybody's mind soon on how Bagxpert trades......He uses my old system which I used to use. I have goon back to revive it.
Haahaaha, we are waiting to se ooooo. Your trade explorer shows almost 100% loss but the person who uses your system is soaring like an eagle. We are waiting for you to proof your claim by trading from 1k to at least 5k in a week.
  • #1,226
  • Sep 9, 2016 10:13am Sep 9, 2016 10:13am
Quoting comoestas
{quote} i'm sorry .i deleted my post. my point was to show guys that we can make money starting with just USD$50.00.. This is free . im not getting pay to motivate.populaity is not my thing. i do not need it. {image} {image}
Fellow, you have done nothing wrong. Motivation can come from anybody. We will need motivation.
  • #1,227
  • Sep 9, 2016 10:21am Sep 9, 2016 10:21am
Quoting Pip-Miner
Ferru, this might be a perfect project for you once we confirm how he does it. A man of your talents could code it easily I believe
We are here in the Trading Journals part of the forum ... so don't expect the OP to share his rules. He has no obligation to do so ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #1,228
  • Sep 9, 2016 10:21am Sep 9, 2016 10:21am
Quoting Lanzo
{quote} Haahaaha, we are waiting to se ooooo. Your trade explorer shows almost 100% loss but the person who uses your system is soaring like an eagle. We are waiting for you to proof your claim by trading from 1k to at least 5k in a week.
Am not saying am going to make such in one week what am saying is that I have same trade idea with him.
  • #1,229
  • Sep 9, 2016 10:24am Sep 9, 2016 10:24am
Great job this week bagX.

I'm impressed that you started on week with all those negative comments.

I find your style very interesting - and yes trading that way will give some major loosing trades. But if you can bank over 7k in 1 week I think its ok to have that risk (playing with the banks money).

Thank you for sharing your trades.
  • #1,230
  • Sep 9, 2016 10:24am Sep 9, 2016 10:24am
Quoting unclenna
{quote}Am not saying am going to make such in one week what am saying is that I have same trade idea with him.
Understood sir, we are here to learn and to discover.
  • #1,231
  • Sep 9, 2016 10:33am Sep 9, 2016 10:33am
Quoting comoestas
{quote} i'm sorry .i deleted my post. my point was to show guys that we can make money starting with just USD$50.00.. This is free . im not getting pay to motivate.populaity is not my thing. i do not need it. {image} {image}

How is it possible to trade 4 lots with a capital of less than $200 and why is the margin used less than $200 when margin required will atleast be $200 for one lot with a 1:400 leverage account? may i know which broker is this please?
  • #1,232
  • Sep 9, 2016 10:49am Sep 9, 2016 10:49am
Quoting FerruFx
{quote} We are here in the Trading Journals part of the forum ... so don't expect the OP to share his rules. He has no obligation to do so ...
Very true ferrufx unless confirmed we can only speculate unfortunately. Updated observations for discussion

-Renko real possibility
- broker active trades as only broker allows min 0.0001 as starting point( required verification ) good for leverage
-start $50 ( most can lose in sequence) . Increase Lot size after each winning hoping for a winning streak say 10 row.
- many losing sequences are supported by one winning sequence ( can have many bad weeks still ok )
- withdraw profit once target reached start again .
- trades breakouts . technicals ignored like pivot points
- follows price action on a trend using low time frame 1 minute.
- spreads risk by using multiple entries. If trade goes against him scales out.
Momentum used for entry and often continues other entries on pull backs going with the same direction first trade
- trades through news
-no stop loss or large sl compared to profit
- trades London open
Slowly adding observations found we will work it out

looks like he ignored use gj , gu for inverse correlation to dax. At open
  • #1,233
  • Sep 9, 2016 10:52am Sep 9, 2016 10:52am
Quoting tradeforlife
{quote} How is it possible to trade 4 lots with a capital of less than $200 and why is the margin used less than $200 when margin required will atleast be $200 for one lot with a 1:400 leverage account? may i know which broker is this please?
Activtrades does not do business in Canada which means they don't meet our criteria. I'd stay away.
Enter Signature
  • #1,234
  • Sep 9, 2016 11:03am Sep 9, 2016 11:03am
to best understand what Bag is doing ....its best to first understand the the underlying philosophy behind his trading...

1st. It's a scalping strategy

2nd. For scalping to generate max returns as his , you need max leverage... for Bag.. every 50 pips doubles an account , and every 50 pips MC..

3rd. Scalping 50pips a day is so darn easy on DAX e.g 2 trades for 25 pips each , or 4 trades 12.5 pips each or 1 trade 50pips pap

4. His trading is purely along the trend..not counter... his counter trading occurs when the first trade misses the trend..and he tries to compensate by the second and 3rd trades...

5. Since most of the trades are along the trend...one needs to ask themselves..what tools best show trend..

RENKO Price Action/ADX ....and stoch pull backs

That's my 2pips on the matter...
practising coitus interruptus
  • #1,235
  • Sep 9, 2016 11:07am Sep 9, 2016 11:07am
very amazing results. Though we do see some drawbacks, the weekly ending profits are really good.

the rush entries were bad.
  • #1,236
  • Sep 9, 2016 11:23am Sep 9, 2016 11:23am
Quoting Tim_isoara
{quote} Do you can read ? You call was for long. But price go to 10567 not 1084x. So wrong call/analysis "master". All week you attack, bagXpert, that he has a "joke entrys". Eat your words now. You're a troll. {image}
Quoting openyoureyes
He has to seek good R:R trades, at least 1:3 for the risk he has taken. Best way to do is to scale-in trades, starting from 0.01 lots you build a position with price action. Only if he hadn't go in 0.75 lots near resistance area... [he bought from res. area / sold from middle of PA when bulls were building] consecutive 2 losses for ~%60 of his capital {image}
I don't do trade "calls"
I was short for eternity for dax
  • #1,237
  • Sep 9, 2016 11:23am Sep 9, 2016 11:23am
Quoting avibe
to best understand what Bag is doing ....its best to first understand the the underlying philosophy behind his trading... 1st. It's a scalping strategy 2nd. For scalping to generate max returns as his , you need max leverage... for Bag.. every 50 pips doubles an account , and every 50 pips MC.. 3rd. Scalping 50pips a day is so darn easy on DAX e.g 2 trades for 25 pips each , or 4 trades 12.5 pips each or 1 trade 50pips pap 4. His trading is purely along the trend..not counter... his counter trading occurs when the first trade misses the trend..and...
Great, Avibe.
Have you found that rat?
  • #1,238
  • Sep 9, 2016 11:24am Sep 9, 2016 11:24am
Quoting Don M
{quote} Activtrades does not do business in Canada which means they don't meet our criteria. I'd stay away.
@comoestas don't trade with Activtrades.
  • #1,239
  • Sep 9, 2016 11:50am Sep 9, 2016 11:50am
You can do better bag.

#50to22k is small near some results we have out there.

as the hatters on duty and losers messing with the topic drivel, let only one sentence:

"You have not seen anything".
Best Regards! DaniP.
  • #1,240
  • Sep 9, 2016 11:54am Sep 9, 2016 11:54am
his biggest trade yet 100 contracts short...plus a counter trade...

the lesson i have learnt from Bag is

scared capital does not make money.... bet the whole farm... but....????

the subtle nuances of this strategy we may never fully know ...either way

whatever path you find yourself on this trading journey...

pursue it boldly and with gusto...and may the gods shine their face on you
practising coitus interruptus
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