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$10,000 Profit a Month Personal Challenge

  • #41
  • Dec 15, 2016 11:09pm Dec 15, 2016 11:09pm
I agree with the approach here. Most traders say to find one strategy and stick to it. But as most who have traded for a while know, you cant have one strategy for all market types. Market changes all the time. Strategies that worked a year or more ago may not work now, or a strategy may work one month but not the next. But the next month if they kept trading it would have picked up again. In most cases the trader will give up on the strategy and jump to the next one only to find the same thing happens.

There are also the traders who try to develop multiple strategies to trade the different market types but you never know when a market is trending or ranging until the trend or range has begun, and then you never know when it will end until it has ended..... Hense always chasing your tail.

I like this idea of trading different strategies on different accounts i think its a good way to manage your trading and get good results.
  • #42
  • Dec 16, 2016 1:38am Dec 16, 2016 1:38am


I like FF traders who put their money where their mouth is. Keep doing what works and show the naysayers it can be done.
Let it turn and find your entry.
  • #43
  • Dec 16, 2016 1:44am Dec 16, 2016 1:44am
Pure luck
  • #44
  • Dec 16, 2016 1:51am Dec 16, 2016 1:51am
Nice pips! Subscribed ! Looking forward for your trade system
Risk comes from not knowing what you're doing.
  • #45
  • Dec 16, 2016 8:18am Dec 16, 2016 8:18am
Brilliant management of lot size even with such thin leverage.
Very well executed. I am sure lot of thinking has been done before taking this up. I wish you super success and God bless you. This is sure an inspiration for many who left the battle without a fight.

Once again,,God bless you.
  • #46
  • Dec 16, 2016 12:40pm Dec 16, 2016 12:40pm
Friday Update.
Month to date equity gain: $22,500.
Markets will begin to thin out next week approaching holiday season.
I believe this will benefit the scalpers (accounts #3,4 and 5) and will curb the performance on intraday multi trader (#1.2) which excels in direction movement and buy/sell follow through.
Good weekend all.
More battle next week.
  • #47
  • Dec 17, 2016 5:08am Dec 17, 2016 5:08am
Quoting dax30
Friday Update. Month to date equity gain: $22,500. Markets will begin to thin out next week approaching holiday season. I believe this will benefit the scalpers (accounts #3,4 and 5) and will curb the performance on intraday multi trader (#1.2) which excels in direction movement and buy/sell follow through. Good weekend all. More battle next week.

so far going good

good luck improve result
email me : pipspro88@gmail
  • #48
  • Dec 20, 2016 5:04pm Dec 20, 2016 5:04pm
Wow, its really amazing watching this account grow over time. Good luck in the days to come.
  • #49
  • Dec 22, 2016 5:56am Dec 22, 2016 5:56am
Great Work DAX30.

on which TF are you entering the trades?

Cheers
  • #50
  • Dec 22, 2016 6:24am Dec 22, 2016 6:24am
Quoting edge0xc
Great Work DAX30. on which TF are you entering the trades? Cheers
Hi.
I use 5min 15min and 1 hourly.
The system consists of multi time frame trading so it's possible to be long and short same time in one pair.
Regards
  • #51
  • Dec 22, 2016 7:20am Dec 22, 2016 7:20am
Nice one Dax ,sharing your chart is a Christmas present -Thanks
  • #52
  • Dec 22, 2016 11:18am Dec 22, 2016 11:18am
Nice done Dax, can I ask how you manage your exits, did you exit manually or when opposite signal shows?
I studies your Eur/USd closed trades today

EUR/USDBuy 1.04900
Sell 1.04563
Dec 22, 2016 3:12pm
Dec 22, 2016 3:57pm
0.25-0.6%-$85.50-33.7


EUR/USDSell 1.03904
Buy 1.04606
Dec 21, 2016 12:00am
Dec 22, 2016 10:15am
0.25-1.2%-$173.86-70.2

these entries don't look like MTF trend strategy. I wonder why your EA didn't open long E/U positions for this E/U run. I want to understand your thoughts on these. Your advice will be greatly appeciated
  • #53
  • Dec 22, 2016 12:42pm Dec 22, 2016 12:42pm
Quoting Boulder
Nice done Dax, can I ask how you manage your exits, did you exit manually or when opposite signal shows? I studies your Eur/USd closed trades today EUR/USDBuy 1.04900 Sell 1.04563 Dec 22, 2016 3:12pm Dec 22, 2016 3:57pm 0.25-0.6%-$85.50-33.7 EUR/USDSell 1.03904 Buy 1.04606 Dec 21, 2016 12:00am Dec 22, 2016 10:15am 0.25-1.2%-$173.86-70.2 these entries don't look like MTF trend strategy. I wonder why your EA didn't open long E/U positions for this E/U run. I want to understand your thoughts on these. Your advice will be greatly appeciated
Hi.
Yes system did open 3 x eurusd longs but stopped out quickly as i expected was only a false break when it popped over 1.0475. Last open was at 1.0490. See in history of TE.
  • #54
  • Dec 22, 2016 1:41pm Dec 22, 2016 1:41pm
I'm sorry before, but here's a bold, frank, and straightforward question: can you share your EA here?
(especially the .mql file, if you're kindly willing to share, cos I'm an EA programmer.)

Maybe, I can help you "translate" those lines to others, and answer the questions here.., to save your time..
AND, who knows that afterward, with the help of other experts, we can get some insight to make your EA even better?

Thanks in advance
  • #55
  • Dec 22, 2016 2:11pm Dec 22, 2016 2:11pm
Quoting immanuel77
I'm sorry before, but here's a bold, frank, and straightforward question: can you share your EA here? (especially the .mql file, if you're kindly willing to share, cos I'm an EA programmer.) Maybe, I can help you "translate" those lines to others, and answer the questions here.., to save your time.. AND, who knows that afterward, with the help of other experts, we can get some insight to make your EA even better? Thanks in advance
Thanks but I prefer to keep code. It's highly precious.
Next thing I know it will be for sale for $99.
  • #56
  • Dec 22, 2016 2:56pm Dec 22, 2016 2:56pm
Quoting dax30
{quote} Thanks but I prefer to keep code. It's highly precious. Next thing I know it will be for sale for $99.
you know you can see through his bullshit..but that comment made me lol...
  • #57
  • Dec 22, 2016 3:12pm Dec 22, 2016 3:12pm
is it possible to share the strategy of trading behind these results ?
  • #58
  • Dec 22, 2016 3:19pm Dec 22, 2016 3:19pm
Dax - why would anyone share their intellectual property , give away for free. I totally agree with you, For me, it opens my eyes studying your trade reports. Its very encouraging to know your systems working. I am in the process testing one of mtf sytems, comparing to yours . Thank you for your sharing your results each day
  • #59
  • Dec 22, 2016 3:34pm Dec 22, 2016 3:34pm
Quoting 5aztv88
is it possible to share the strategy of trading behind these results ?
No. I don't give away a golden goose.
Taken thousands upon thousands of screen hours at incredible expense of man hours and resource to achieve system design......not logical to hand it out free.
  • #60
  • Dec 22, 2016 3:40pm Dec 22, 2016 3:40pm
Quoting dax30
{quote} No. I don't give away a golden goose. Taken thousands upon thousands of screen hours at incredible expense of man hours and resource to achieve system design......not logical to hand it out free.
I fully understand why!

The only questions I have are why you have started a thread like this? Also you trade so well why bother being part of a forum at all?
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