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a777
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Posts posted by a777
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Sojourner7 saying he had 14 winners in a row made the system sound intriguing so I googled and found another link. I have not tried it yet but thought I should post the link now before it expires. The zip file contains the fibovector indicator, template, and pdf manual.
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http://forex-shop.com/wp/wp-content/uploads/2012/12/rhorn-free.zip
- rosheen1, NeoTrader, anton1713006147 and 1 other
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Sometimes I leave the trade as it is and get out at breakeven if not sure...but the beauty is price will come my way....
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I understand now, you scale or average in which resets your breakeven point closer than it was for your first trade. When you show your trade examples we will be able to better understand how you can be confident about "the beauty is price will come my way..."
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You use a SL which is very important. I recall someone at ForexFactory who always scaled in on losing trades multiple times expecting a retracement to bail him out and used no stop loss. He had a high winning % for a few months building a large account and looked great until a margin call. But again his problem was he used no stop loss.
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Danny, can you post a quick screenshot of one of your trades? It doesn't have to be fancy for now just something that explains how/why you entered the trade. Something to whet our appetite until you set up the demo account. Thanks.
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3. ...will open further 20 pips trade if price goes against me.....to a maximum of 1 dollar a trade....
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Hi Danny,
Can you please clarify the above? Did you mean when price goes against you, you will add in more 20 cents a pip trades up to 5 times, until trading 1 dollar a pip max? Or when you say "to a maximum of 1 dollar" your total SL is $1? (20 cents/pip x 5 pips = $1)
Thanks for sharing.
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the trades need to be taken instantly to have the drawdown of less than 5 pips and since the trades are based on 15 minutes and holding time is average 30 -60 minutes.
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While we wait for Danny to reply, how do you suppose he is able to enter on 15M chart with only drawdown of < 5 pips without looking on lower TF or maybe even as low as tick chart?
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Even pin bars at S/R don't always work sometimes PA dawdles and then decides to break through and take out your SL. Anyone have ideas how to consistently get precise entries on 15M with less than 5 pip drawdown like Danny?
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I also agree, if not a pdf then please post chart examples showing how you draw your trendlines and make your entries and exits. I think this can be a more convenient and easier way for you to teach us during your spare time since you have a full time job. If you do skype first you will probably be asked the same questions many times by members arriving at different times.
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If your outstanding RR and winning % can hold up for the long term, maybe we can all help each other refine your system to become millionaires and billionaires asap along with you (lol). I am eager to learn your system. Thank you.
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Hi Eggzactly, I stll recall your old scalping thread where you had a 90%+ success rate scalping for 5 pips TP and an actual SL of around 7 pips. You said it was effective in both trending and ranging periods probably because of the small TP and using 10 pip constant range bars. One day you made 100 pips. Was that strategy no longer profitable over a long period? Even if you averaged just one-fifth of the 100 pips a day that would still be great. If you used a currency strength meter to find the the best trending currency pair that would help even more. With a 90% success rate it would seem you would almost never have a losing day. Just 20 pips a day is 400 pips a month. With a $1K account and $1 a pip that is $400 a month or 40% return a month. 1% risk per trade on $1K is $10 so that can easily cover the 7 pip SL. Averaging just 10 pips a day would still give a good return of 20% a month. I am not trying to be critical at all of your system, just would like to know if scalping for small pips is profitable and sustainable over a long period. Or do you eventually get too many whipsaw losses?I am more then happy if i can get average 8% per month on trading, with reasonable DD, but for retail investors that is no good, and that´s why they continue to search and search and search and they end giving up. Wish you success, -
My teacher earn 50-100pips every day, He using 40lots for a day.. His profit average is 10,000$ in a day..
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Have a piping...Good luck..Guys.
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Hi ntynamoo,
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Does your teacher do anything special to filter out choppy periods when many losses can happen?
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Also do you know what broker he uses that allows scalping using 40 lots?
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Your teacher must have been successful for a long time using his system for him to build his account to trade 40 lots. So it would be very interested in learning more details about his trading method and MM.
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Maybe things like this can help your trading by keeping you in a positive expectation mindset. Even if just helps a little it still can mean extra money to us.
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Here is a brief description from their web page.
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http://www.attractanything.com/subliminal-wealth.html
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Can You Really Brainwash Yourself? You bet you can! I did it, and it worked like a charm. You see, I realized that I had ALREADY been brainwashed by the media, my upbringing and other factors into accepting failure and a "victim" mentality. Most of us are, even if we don't realize it. So why not use the very same principles to convince yourself that success, big money, great relationships and a successful life are your God-given birthright? (they are you know) Subliminal Wealth is a life-changing, paradigm-busting video series to break free of "the matrix" of poverty, lack and isolation. Using this technology, I managed to convince myself at the deepest subconscious level that money, success, happiness, love and abundance were what my life was all about; and once that happened...these things began to show up in my reality. Basically: by mentally accepting that I was already rich and successful, I became rich and successful (remember the proverb, "as a man thinketh...").
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http://hotfile.com/dl/46919355/b4f395f/Subliminal.Wealth.Videos.part1.rar.html http://hotfile.com/dl/46919357/229c2b9/Subliminal.Wealth.Videos.part2.rar.html http://hotfile.com/dl/46919359/13bc032/Subliminal.Wealth.Videos.part3.rar.html http://hotfile.com/dl/46919361/b4269c6/Subliminal.Wealth.Videos.part4.rar.html http://hotfile.com/dl/46919363/5514bcc/Subliminal.Wealth.Videos.part5.rar.html http://hotfile.com/dl/46919364/0788184/Subliminal.Wealth.Videos.part6.rar.html
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Two street punks are quickly knocked out by a "lady" who turns out to be a cage fighter. When you see the video you will see why I put "lady" in quotes. It's nice to see thugs get what they deserve and arrested. :)
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http://gatewaypundit.blogspot.com/2009/10/street-thugs-pick-fight-with-cage.html
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Re: Is there a new requirement to see subforum?
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Maybe the requirement can be temporarily lifted for a short time so that we can post helpful trading information rather than just chitchat.
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Re: [req] Quan*tum Cook*book
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Someone put it here: http://www.mediafire.com/download.php?fmynjqwmtdw
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If you are a believer in LOA, this is an interesting audiobook to listen to. It could even help in trading because positive expectancy is important to being profitable. I have found having a negative outlook just hurts my trading and never helps anything. If you don't believe just skip this and don't read further.
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Here is an excerpt from the webpage:
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I know your story.
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You've tried MANIFESTING – but it just didn’t work out as you planned.
You watched “The Secret.” You read those guides to “Cosmic Ordering.” You learned about Quantum Physics and the Law of Attraction. You saw “What the Bleep Do We Know.”
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YES - You should be a Manifestation Master by now.
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And I’ll bet that you’ve definitely had some success so far.
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But it’s NOWHERE NEAR where you’d like to be.
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Right?
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Well, you’re not alone. Because despite their popularity, these mass-produced DVDs and books don’t reveal the whole secret behind manifestation.
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Take The Secret for example...
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Although it brought many self-help teachers to the public eye, many of it’s 24 featured experts have complained that it was simply the result of good editing.
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Fred Alan Wolf, for instance, one of the biggest stars of the film, publicly stated that he didn’t even believe in the Law of Attraction – and that the film simply uses pseudo-quantum physics to sell the concept.
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Wow!
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So, who am I?
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My name is Bradley Thompson – and I’ve been using the power of manifestation for the past twenty years, before it was even called manifestation!
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I’m the author of a whole bundle of best-selling books, including “Be Psychic”, “Building Your Own Subliminal-Studio” and “Lucid Dreaming in Seven Days.” I also helped produce award-winning personal development tools such as Motivator and Subliminal Power, currently used by over a million individuals throughout the globe.
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Over the past twenty years, I’ve manifested a true dream life.
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I’ve manifested my own “home castle” just below Scotland. I’ve manifested a business currently worth almost seven million pounds. (Yes, pounds: I live in the UK – though most of my work is with the States).
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I’ve manifested dozens of products which bear my name. I’ve manifested a fantastic bunch of friends. I even manifested my perfect partner, Jane – some fifteen years ago.
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Twenty years ago, I discovered The REAL Secret.
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I studied many of the manifestation guides from the late 1800’s, when they didn’t have snappy “ancient wisdom” DVD graphics to keep viewers entertained.
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I soon found a SIMPLE six-step technique for manifesting absolutely ANYTHING – quickly.
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I’ve been using it ever since.
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A technique for manifesting ANYTHING in just six easy steps.
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A technique that has NEVER FAILED.
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Does anyone have the Quan*tum Cook*book?
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h**p://www.quan*tumcook*book.com
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It claims to have the missing elements to "The Secret".
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Thank you.
Tunr $500 into $9.000.000 How He.....
in General Forex Discussions
Posted
avg win = 89.28 pips
avg loss = -11.83 pips
worst trade = -26 pips
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Needless to say his risk/return ratio was excellent. I see a lot of the trades closed with a TP of 40 or 70 pips. I wonder what was so special about those numbers and how he set his profit targets on other trades.