Pip Stacking - Test

December Challenge

This will be live testing of the High Flying Trading (HFT) Method concept with my own trading variation.


The rules

1. Keep losses small. (There might be a lot of small losses)

2. Let profits run and multiply them. (Stack trades on winning positions.)



I am counter trend trader by nature and love to trade tops and bottoms S/D style, so this like opposite of how I would normally enter my trades.

I have never started an account from $100 so this will be a nice challenge.



Fun Fact : I do not use stop losses.

Good luck

Thank you

WOW I am getting Rekt trying to get into the right trend.

Perhaps this trading style should be renamed to-- Trend Chasing...lol

I all fairness I am getting lots of mini losses but I if keep trying Its a matter of time to end up with a huge win, all I have to do is endure little up and down trades, the problem is that I must get perfect trades at this early stage with this little funding.

I can totally see this working out with sufficient capital to take on the costs of getting started into the trend... I have been taking all signals waiting for the big one but is slowly killing this account.

Biggest weakness so far:

The biggest problem is stacking into what seems like a trend which will move a few candles but then reverse back to the mean soon after and leaving the trade with a huge loss.

Possible solutions:

1.-Start the first candle with a huge lot size and pyramid down as the trend progresses, in this way if the trend reverses the big initial entry can counter the reversal of price.

2.- Keep equal lot sizes and add a stop loss behind the entry candle on new add on trades----- This will increase the mini losses by A LOT but will keep the losses to a minimum.

3- Trade a highly leverage scalp following the initial entry ( this is corrupting the idea of HFT but I can see that most of my losses had profit pips at the start, this could be an alternate trading method for later testing.)

4- Fund the account to $500 so that I can just eat the draw down and not close any trades and hedge until I find the right entry.




I will go with Option 1 for now and keep testing.

The potential for turning a 100-200 pip run into 1k pips on a single wave is hugeee which pretty easily can pay for all losing trades, the problem is surviving for such move or keep making profit while we wait for right move.

Will add charts tomorrow.

I failed the psychological battle ... lol

Closed all trades at the point where I reclaimed today's profits and Im okay with that.... but I failed at squeezing the most I could out of this move-- I missed out on 200-300+ pips easily.

This picture displays what I mean by the pip stacked "BIG MOVE".

Live to fight another day.

One good run countered 6+ hours of attempts and losses.

Good job barloc

+11% in a day is f***ing good

The roller coaster look of my equity curve is somewhat disappointing, I am giving so much back to the market so I must rethink my MM ways.

I made some mistakes today and again I should have held onto my winning trades for a huge pip win (I missed aprox. 400pips -- easy to see after the fact) but I had so many losses that it was more important to regain balance and secure a BE point.



I will have to review my current HFT ways as I need do some changes to make this a viable trading method.

What a fight! You are a warrior.

You have the attitude.
Sooner or later you will be able to get the best optimization of your method.

Most people here at FF have a loser mentality--- they trade thinking its impossible and write negative crap at every opportunity they get.


I appreciate your words!!

Thank you!

In regards to this test TE I am really close to dropping my entry method and continue with the good old "find a trend, wait the retracement go with the flow ".

Today I messed up really bad waiting for the big move and then I missed the big move that would pay for the losses...so i was left with a huge loss.
I had to intervene with my regular trading style to recover the account, so in a sense the original HFT entry method failed.


This pic shows what i meant by my style is "counter trend"...which in reality is trading into a pullback or is it pullback?...lol

Also my mt4 started lagging horribly and froze for sometime...I had an extremely hard time trying to close my trades,I wonder if that was intentional by the broker.

Updates.
I have altered the entry methods a little bit and expanded to scaling in with Fibonacci based trades.

Today... I went in very aggressively into a nice looking short dragon sell but the market turned on me.
I became aware of the long entry a little too late so the trades that followed were on the safe side.

I have been doing all kinds of funny testing with this account and taken on huge losses at times, also my current win rate is 39.7% and yet I am in profit land.

---MM is the true holy grail-- As long as you can keep losses linear (I need to work on this) and wins exponential you will end in profit.

Done for this week... did not get 100%

100% return with this test method

Entry was different than the original HFT but the core concept remained...