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$10,000 Profit a Month Personal Challenge

  • #81
  • Dec 24, 2016 3:51pm Dec 24, 2016 3:51pm
Quoting dax30
{quote}. Find a system on FF that someone display a TE so at least you know a system have potential and learn it.
Â
quoting DTTSMOH

I want to follow yours!Â
CCI + ADX as you use on your first two accounts.Â
But now you confused me with ATR

DTT, dax30 already said he wasn't sharing his system. Please do not get hung up on this. There are many systems/methods that will make money for you. DAX30 told you how to proceed above.

Dax30 trading interests me because all of the mechanical systems I have seen seemed very difficult to trade, low profit factor compared to manual price action trading. Dax30 trades also do not look like trades that I would take but it works for him and truthfully I have not studied his trades in detail.

My challenge with discretionary trading, non mechanical, is that it is mentally tiring for me and I have a hard time maintaining focus. Dax30 is using a program to carry the load. My experience is that the challenge with program trading is not messing with the trades manually. I can trade better than any program I have seen but I do not have endurance and have trouble staying "in the moment." Even if Dax30 gave me his system, I would not be able to make it work for me without tearing it apart and rebuilding it and maybe not even then. He has faith in the system because he built it and knows it inside out.

Let's take him up on his challenge. Look for profitable Trade Explorers with disclosed systems.
  • #82
  • Dec 25, 2016 1:52am Dec 25, 2016 1:52am
Quoting abdunbar
Quoting dax30 {quote}. Find a system on FF that someone display a TE so at least you know a system have potential and learn it. quoting DTTSMOH I want to follow yours! CCI + ADX as you use on your first two accounts. But now you confused me with ATR DTT, dax30 already said he wasn't sharing his system. Please do not get hung up on this. There are many systems/methods that will make money for you. DAX30 told you how to proceed above. Dax30 trading interests...
I have been here in FF for more than 8 years. Nope, never seen a trade explorer attached to a trading system that can survive more than 3 months. Seriously, it's depressing if you say it like this. Out of the thousands system posted here, i don't think i have seen one. Has anyone seen one here?

So, good luck finding that here in FF. If you have found one, be sure to share it here.
  • #83
  • Dec 25, 2016 2:42am Dec 25, 2016 2:42am
Quoting CrocodileRex
{quote} I have been here in FF for more than 8 years. Nope, never seen a trade explorer attached to a trading system that can survive more than 3 months. Seriously, it's depressing if you say it like this. Out of the thousands system posted here, i don't think i have seen one. Has anyone seen one here? So, good luck finding that here in FF. If you have found one, be sure to share it here.
One of the reason can be, that after you put your trades public, there is new psychological pressure on a trader and he/she is doing stupid things under the pressure.

Why would anyone post their system, results online when he/she made let's say 1 million dollars? Motive could be: looking for fame, looking to be a guru, looking to be admired etc.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #84
  • Dec 25, 2016 10:05am Dec 25, 2016 10:05am
Why do you not think positive way, by putting out his journal, he is under our watchs, I would think Dax30 will trade better , more disciplined, especially he said perseverance is key in his trading
  • #85
  • Dec 25, 2016 11:22am Dec 25, 2016 11:22am
Quoting Boulder
Why do you not think positive way, by putting out his journal, he is under our watchs, I would think Dax30 will trade better , more disciplined, especially he said perseverance is key in his trading
I am not talking about Dax30, whom I wish all the best and 1 million soon. I am replying to someone implying there are no traders which are profitable longer than 3 months.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #86
  • Dec 26, 2016 1:08am Dec 26, 2016 1:08am
excellent results
  • #87
  • Dec 26, 2016 2:30am Dec 26, 2016 2:30am
Quoting CrocodileRex
{quote} I have been here in FF for more than 8 years. Nope, never seen a trade explorer attached to a trading system that can survive more than 3 months. Seriously, it's depressing if you say it like this. Out of the thousands system posted here, i don't think i have seen one. Has anyone seen one here? So, good luck finding that here in FF. If you have found one, be sure to share it here.
More than 3 months manual trading..not that I am the only one, you were not reading good enough.
It can always be better.
But even if all TEs would be profitable it doesn't matter for you. You have to find your own profitable way.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_709 Dec. 26 09.26.jpg Size: 115 KB
PVSRA
  • #88
  • Dec 26, 2016 3:31am Dec 26, 2016 3:31am
Quoting CrocodileRex
{quote} I have been here in FF for more than 8 years. Nope, never seen a trade explorer attached to a trading system that can survive more than 3 months. Seriously, it's depressing if you say it like this. Out of the thousands system posted here, i don't think i have seen one. Has anyone seen one here? So, good luck finding that here in FF. If you have found one, be sure to share it here.


I think there are many traders that have profitable systems for well over 3 months. I dont have a trade explorer but you can check out my trading here.
  • #89
  • Dec 26, 2016 4:03am Dec 26, 2016 4:03am
Quoting CrocodileRex
{quote} I have been here in FF for more than 8 years. Nope, never seen a trade explorer attached to a trading system that can survive more than 3 months. Seriously, it's depressing if you say it like this. Out of the thousands system posted here, i don't think i have seen one. Has anyone seen one here? So, good luck finding that here in FF. If you have found one, be sure to share it here.
Attached Image
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #90
  • Dec 26, 2016 4:04am Dec 26, 2016 4:04am
Quoting erud
{quote} I think there are many traders that have profitable systems for well over 3 months. I dont have a trade explorer but you can check out my trading here.
I think you guys misunderstood me. What i was trying to say is try to find under the trading systems section here in FF. How many of them have a trade explorer attached to the thread starter? And how many of them lasted for more than 3 months before putting down for whatever reasons. Be it personal or commercial.

I am not trying to say there aren't good traders here in this forum. But usually those who "teach" for free here and outline their trading systems here are mostly the blind leading the blind. Don't bash me because i appreciate those who "teach" for free but sometimes it's really hard to tell who are the blind ones here. Is it the thread starters(teacher) or the followers (students)? Or maybe it's just both.

So my point is like this, if there is any good systems here in FF with a trade explorer attached, i think it's a goldmine here. But so far, i haven't seen any sadly. Even if there is a trade explorer attached to it, it is mostly hidden. Well, i respect the privacy thing so it's very conflicting here.

Anyway, i am done rambling.

Happy Holidays everyone!
  • #91
  • Dec 26, 2016 5:38am Dec 26, 2016 5:38am
Amazing performance so far !!! All the best for 2017!
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #92
  • Dec 26, 2016 6:45am Dec 26, 2016 6:45am
Quoting CrocodileRex
{quote} I think you guys misunderstood me. What i was trying to say is try to find under the trading systems section here in FF. How many of them have a trade explorer attached to the thread starter? And how many of them lasted for more than 3 months before putting down for whatever reasons. Be it personal or commercial. I am not trying to say there aren't good traders here in this forum. But usually those who "teach" for free here and outline their trading systems here are mostly the blind leading the blind. Don't bash me because i appreciate those...
Thank you for the explanation. Yes, many blind people thinking they see and want to lead others.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #93
  • Dec 26, 2016 11:54pm Dec 26, 2016 11:54pm
Quoting dax30
I have been trading for a number of years. I see so many systems on FF it becomes mind boggling for new traders. The purpose of this journal to keep track of my accounts and hoping to demonstrate that its possible to take home a monthly income from forex over a certain period. While some months may be better than others, I will hope to make at least $10,000 average profit each month. I do not use any martingale systems. I have 5 live accounts running various systems, 1 Tradeview, 1 Pepperstone and 3 IcMarkets. They are all connected to TradeExplorer...
Hi Dax, nice post and result...

I believe in the way you trade and make money. I create my own system like you do, but almost the same, trading very short in graph 5M, 15M and 1 hour chart. Not need many indicators, looking some support, resistance and price moving. I believe many good and profit traders must have their own system too. Me, personally can be consistent after 10 years of trading, finding the best way that i can understand and know the risk.

Hope you have good holiday, Dax...Merry Christmas and happy new year all
  • #94
  • Dec 27, 2016 12:18am Dec 27, 2016 12:18am
Following your work. Keep it up Thanks and
Regards
  • #95
  • Dec 27, 2016 12:26am Dec 27, 2016 12:26am
Quoting erud
{quote} I think there are many traders that have profitable systems for well over 3 months. I dont have a trade explorer but you can check out my trading here.
With such money management I belive your destined to achieve success. Wish the best as We enter 2017
  • #96
  • Dec 27, 2016 7:13am Dec 27, 2016 7:13am
Good work!!.
  • #97
  • Dec 27, 2016 1:13pm Dec 27, 2016 1:13pm
Dax can you answer this for me.

you trade certain EA's on certain pairs at different times. for example you might trade EuroChf with a certain EA only during the Asian session. surely then you will be face with many occasions where you have open trades running (EChf trade opened just before close of asian session when you are about to turn off EA). Am I correct? what do you do?

Thanks and good luck.
  • #98
  • Dec 28, 2016 4:01am Dec 28, 2016 4:01am
Nice results. I am also specializing in mechanical trading. I assume that before you start using EA on real accounts you make backtests. One more question about DD and deposit: How big DD (in %) you expect on beginning?
I`m limiting my Risk & trying maximize my profits.
  • #99
  • Dec 28, 2016 5:22am Dec 28, 2016 5:22am
hello Dax, i follow your thread since beginning, do you want to explain your trade style?

amando
The biggest drawdown is ahead of you
  • #100
  • Dec 28, 2016 5:36am Dec 28, 2016 5:36am
Quoting amando77
hello Dax, i follow your thread since beginning, do you want to explain your trade style? amando
If you would read whole thread you will know the answer.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
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