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Making 100% profit Weekly

  • #61
  • Oct 19, 2016 12:01pm Oct 19, 2016 12:01pm
Just to recap the account through myfxbook stats.

4 days of trading, the 100% profit target hit twice in 13 trades (all relevant charts posted in the thread)
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mind over matter
  • #62
  • Oct 19, 2016 8:05pm Oct 19, 2016 8:05pm
3 waves...this is basically trading traditional fibonacci retracement using renko bars. I find no particular difference, just that using renko seems to be more effective? With that said, starting today, to gain maximum profit, I'll be using pending orders on the 50-61.8% fib, let's see if this will work.

@jereajali do you use any other rules on your entries?
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Trading is not for everyone.
  • #63
  • Oct 20, 2016 9:20pm Oct 20, 2016 9:20pm
Quoting HeyYou
I can code an ea that recognizes the full wave formation plus all the fibs etc.. there's no hope in the long run.

Yea, I realized that, so jereajali is probably doing something different than just following waves and fibs.

I think Kosmo's having it good.
Trading is not for everyone.
  • #64
  • Oct 21, 2016 6:58am Oct 21, 2016 6:58am
Quoting HeyYou
{quote} Hmmm what kosmo is doing doesn't work, been there. I would discard all the EW stuff and look for something more simple like major S/R lines.
What makes you think that you have the faintest idea about how I trade? Have I said at any point that I use EW? You'd better stop drawing empty conclusions out of thin air and start learning how to trade profitably. Most clearly, you're not there yet. And just because you can't handle high risk, don't make the common mistake of thinking that others can't either.
mind over matter
  • #65
  • Oct 25, 2016 6:17pm Oct 25, 2016 6:17pm
seems the risk reward management need some polish, even the wave signal the traders but market have a lot of uncertainty, a large position can wipe out an account with a single breakout of 100pips, especially gbp pairs...lot should be reasonable i think, this might consists of how big the impact your account can endure or how much time the account can last if all things became reverse. 100% profit in a week of course can be realize, if only with realistic lot size by lower your predetermined lot size to 0.01 to 0.03 or not more than 0.1, more accurate entry by look at solid SnR zone as you rely on waving a lot. All the best mate! Above are two cents of my pocket, dont get mad as I m just sharing what I usually practice.
  • #66
  • Oct 27, 2016 8:32am Oct 27, 2016 8:32am
seems like your acc blown up already...
  • #67
  • Oct 27, 2016 4:17pm Oct 27, 2016 4:17pm
Quoting jereajali
Some Persons have been sending me PMs asking how i trade. i will summarize it here. if you like my style, you can make a similar system. 1. i trade with Renko boxes. (10 pips) 2. i have indicators that tell me trend. Assume you have 6 different indicators showing trend direction. If all 6 are saying sell and i see a wave 3 in sell direction, i risk much. if say 5/6 indicators saying sell my risk is reduced. etc. 3. i scalp most times with good stop loss. in fact i have an EA that sets my SL after i enter a trade. Cigarman gave it to me. You can...
Hi jereajali. Can you tell me which 6 indicators you use?
Gracias
  • #68
  • Oct 29, 2016 2:53am Oct 29, 2016 2:53am
Hello jereajali. Could you tell me which indicators you use usually?
I am a new comer in this trade. I have already lost $5000.please help me .
  • #69
  • Oct 29, 2016 8:58am Oct 29, 2016 8:58am
Quoting IPMan
seems like your acc blown up already...
the report shown a sum of withdrawal ... have a look there, profit around 500 i think..
  • #70
  • Nov 20, 2016 8:52pm Nov 20, 2016 8:52pm
Quoting liaw1990
{quote} the report shown a sum of withdrawal ... have a look there, profit around 500 i think..
Whoa, sorry your reply wasn't in my notification. I'm not sure about whithdrawal coz I saw his trade list, mostly red a.k.a DD. One thing that I know about wave 3 is that it isn't appear frequently in only one instrument. So I think he blew it.
  • #71
  • Feb 15, 2017 6:58am Feb 15, 2017 6:58am
Hello Guys, i have taken out some time to modify my trading system for better results. Lets see how it performs this time. I am very much open to meet traders that can make as much as %100 profit weekly. Thanks

Regards: Jerry
i have tried to start trades with a trend, now i prefer to follow the trend
  • #72
  • Feb 25, 2017 2:15am Feb 25, 2017 2:15am
Quoting jereajali
Hello Guys, i have taken out some time to modify my trading system for better results. Lets see how it performs this time. I am very much open to meet traders that can make as much as %100 profit weekly. Thanks Regards: Jerry
I've been reading this thread and am very intrigued. What's new with the modified trading system. Feel free to PM me if you want
  • #73
  • Oct 24, 2017 4:30am Oct 24, 2017 4:30am
Hello mates, Have been working on this to make it more consistent. For now i will focus on 100% monthly. Let's see how explorer goes.
i have tried to start trades with a trend, now i prefer to follow the trend
  • #74
  • Last Post: Apr 26, 2020 8:34pm Apr 26, 2020 8:34pm
Any news?
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