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Posted
  elnikos said:
The last week i use stealth forex scalping method. I go for 3% each trade. My stop loss is 10pips, my take profit is also 10pips and i use a trailling stop at 3pips. When my stop loss goes with trailling on break even i stop using it and i let my trade to go to 10pips. I close my position if a bar changes to the oposite colour.

I do it every morning since 8 Alpari hour until 10. I go now for 5% per day and it gives it to me every day.

Please can someone else test this system too? It could be very hepful.

 

Hi elnikos, the standard scalping method per official stealth method suggests trading on all currency pairs with low spread, which currency pairs have you been tacking?

Posted
  musketeer said:
can I ask you again?

 

  musketeer said:
hi fxvirus88, what is the starting balance for that period (the showed)? and the leverage as well?

 

So, perhaps there will be no answer....

I've ask last time

 

and if there will be no answer... I will share my thoughts on it

Posted
  musketeer said:
So, perhaps there will be no answer....

I've ask last time

and if there will be no answer... I will share my thoughts on it

 

Musketeer, maybe you could try pm'ing fxvirus88 in case he doesn't check back to read this thread.

 

If you google fxvirus88 you can see a similar post he made in forexindo dot com forum. Translator does not do a good job but the posts might give a clue to someone who speaks Indonesian how he trades.

 

Fxvirus88's chart showed he made 43 winning trades in a row in about 5 hours. So it would be very interesting to see his trading strategy. CMIIW I don't believe the stealth or Oan system can come close to 100% wins of 5 pips like that or signal that many trades in 5 hours. If anyone knows of a system that can duplicate fxvirus88's performance please post it here.

Posted
  a777 said:
Musketeer, maybe you could try pm'ing fxvirus88 in case he doesn't check back to read this thread.

 

If you google fxvirus88 you can see a similar post he made in forexindo dot com forum. Translator does not do a good job but the posts might give a clue to someone who speaks Indonesian how he trades.

 

Fxvirus88's chart showed he made 43 winning trades in a row in about 5 hours. So it would be very interesting to see his trading strategy. CMIIW I don't believe the stealth or Oan system can come close to 100% wins of 5 pips like that or signal that many trades in 5 hours. If anyone knows of a system that can duplicate fxvirus88's performance please post it here.

 

fxvirus88 posted a request a while ago for ScalpingCurrency. No one replied. Perhaps he may be using that. Trades M1 bars.

 

I posted the link to it in post #20.

Posted (edited)

ok

here it is: acc multiplied by 96 in 9 hours (aka 9600 %)

acc is mine, real, and 1:500 leverage

 

you will see - there is no such series of only profitable trades... so I have some doubts about fxvirus88's statement

if he can tell the deposit, the leverage... it will be different story - but for the time being - they are just closed profitable trades - nothing more

Edited by musketeer
Posted
  musketeer said:
ok

here it is: acc multiplied by 96 in 9 hours (aka 9600 %) - goes from $25 to $2410

http://www.myfxbook.com/members/mirorusev/varchev-new-way/54117

acc is mine, real, and 1:500 leverage

 

you will see - there is no such series of only profitable trades... so I have some doubts about fxvirus88's statement

if he can tell the deposit, the leverage... it will be different story - but for the time being - they are just closed profitable trades - nothing more

 

Looks good! Congrats my friend!!! So what the system did you use?

Posted (edited)
Musketeer, can you please give us some chart examples of your trades? Were you looking for particular setups on 1M and entering as soon as the tick chart showed price moving in your direction? Edited by a777
Posted

hi a777,

IMO there are enough examples... :)

first: get in big loss - no one retail broker will allow fast grow - so go to near 100% loss

then: pick levels - be bullish/bearish above/bellow them

and then: just trade

when the slippage/requote goes over common sense level - stop and withdraw

and change the broker - eve if you get under different name - they track ips... so even if you have 5 ips - they will track you again

i may show different accs with slower growth... but there is no sense - the thread here is about scalping

and i still wait for fxvirus88's statement - the all statement is important... not a single page

Posted
Hi musketeer, that is impressive results. On broker problems, have you considered ECN brokers? I am no expert on brokers, but I thought ECN type brokers generally do not worry if you do make money, as they generate their profits from their spread anyway?
Posted

Hi Musketeer,

 

So has even MB Trading (ECN) and Oanda (dealer) given you problems when you scalp? Also what time zone or GMT offset is your statement showing so I can correlate it on my MT4 charts? Thank you.

Posted (edited)

Anyway, if someone like fxvirus88 or observador is only showing a picture of winning trades and does not tell anything about it, he wants to sell something.

I asked observador about his trading strategy and right after that I received the anwser, that I could buy the EA from him.

Edited by newbee
Posted
  newbee said:
What? Since when does a Drawdown of 96,72% look good?

 

musketeer seems to indicate in post#40 that the near 100% loss was intentional. But I am actually more interested in the part after the drawdown, how he rebounced so quickly.

 

Personally I do not think I can trade with such high leverage successfully, but I would be interested in finding out if there is anything here I can learn that would help my own trades.

Posted
  a777 said:
Hi Musketeer,

 

So has even MB Trading (ECN) and Oanda (dealer) given you problems when you scalp? Also what time zone or GMT offset is your statement showing so I can correlate it on my MT4 charts? Thank you.

 

yes, exactly (unfortunately)

Posted
  joeytrader said:
musketeer seems to indicate in post#40 that the near 100% loss was intentional. But I am actually more interested in the part after the drawdown, how he rebounced so quickly.

 

Personally I do not think I can trade with such high leverage successfully, but I would be interested in finding out if there is anything here I can learn that would help my own trades.

 

joeytrader, please, look here: http://www.snopes.com/quotes/einstein/interest.asp

that is just MM pushed almost outer limits - that is all, nothing special

 

p.s.

gmt+3

i do not like to make advertising of no one broker, so will give in PM the site - just install the demo and all will be correct

Posted
  joeytrader said:
Hi musketeer, that is impressive results. On broker problems, have you considered ECN brokers? I am no expert on brokers, but I thought ECN type brokers generally do not worry if you do make money, as they generate their profits from their spread anyway?

 

all broker same! they always against trader even ecn broker, and no body want to lose money! they will not worry lose small money until it get bigger and bigger and they will shot u down :D

 

all retail broker will not pass your order to the real market!

Posted
  musketeer said:
joeytrader, please, look here: http://www.snopes.com/quotes/einstein/interest.asp

that is just MM pushed almost outer limits - that is all, nothing special

. . .

 

Hi musketeer, I understand the power of leverage and compounding too. So I am not saying it does not work. I am talking more about my own risk tolerance and psychological make-up. I tend to trade better when I am relaxed and within a "comfort zone". Because if I find myself start to worry more about potential loss if my leverage is beyond my "comfort zone", my judgment tends to suffer. But for anyone who thrives on trading at high leverage, and making profit, that's great.

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