tt-pfg-demo (By forex_trader_12656)
The user has deleted this system.
tt-pfg-demo Discussion
May 30, 2010 at 07:48
706 Views
4 Replies
Member Since May 28, 2010
25 posts
Jun 01, 2010 at 16:57
Hello ttfx.
How I could subscribe to your signals?
I'm ready to pay for them, only, please, let me know, thanks.
Sventra
P.S.: I also sent you a PM, please, reply me, thanks!
How I could subscribe to your signals?
I'm ready to pay for them, only, please, let me know, thanks.
Sventra
P.S.: I also sent you a PM, please, reply me, thanks!
If it's too good to be true, probably isn't (true)!
forex_trader_12656
Member Since May 30, 2010
23 posts
Jun 01, 2010 at 17:28
Sventra,
I've sent you a PM few hours ago. For you and all potentially interested: I'm not a signal seller, I made my demo stats public only to make them accessible to a friend of mine. I'm still learning, trying to perfect my system and my mindset and have to get through some minor burdens before I even start live trading.
Hope you understand that getting (or even buying) signals from a _becoming_ trader would be somewhat risky ;).
Apart from this - as you can see on the statement - many of my trades are scalps held for a few minutes or trades stopped near breakeven cause the signal (or my current experience, or both) was not so good as it initially seemed. The one who moved the stops past BE was me; if you'd get my signal and didn't care for the trade properly, these trades would turn to losers. There is a lot of discretion in my system and I trade off the 1-minute chart with a careful regard to higher timeframes. I'm not a H1, H4 or even daily guy and I think it's almost impossible to share my entries and exits in realtime.
However, thanks for your kind interest. Hope you will find what you're looking for at a honest signal provider.
Tom
I've sent you a PM few hours ago. For you and all potentially interested: I'm not a signal seller, I made my demo stats public only to make them accessible to a friend of mine. I'm still learning, trying to perfect my system and my mindset and have to get through some minor burdens before I even start live trading.
Hope you understand that getting (or even buying) signals from a _becoming_ trader would be somewhat risky ;).
Apart from this - as you can see on the statement - many of my trades are scalps held for a few minutes or trades stopped near breakeven cause the signal (or my current experience, or both) was not so good as it initially seemed. The one who moved the stops past BE was me; if you'd get my signal and didn't care for the trade properly, these trades would turn to losers. There is a lot of discretion in my system and I trade off the 1-minute chart with a careful regard to higher timeframes. I'm not a H1, H4 or even daily guy and I think it's almost impossible to share my entries and exits in realtime.
However, thanks for your kind interest. Hope you will find what you're looking for at a honest signal provider.
Tom
Member Since May 28, 2010
25 posts
Jun 01, 2010 at 17:38
TY Tom,
I much appreciate your honesty.
Good luck for your trading!
Sventra
I much appreciate your honesty.
Good luck for your trading!
Sventra
If it's too good to be true, probably isn't (true)!
Member Since May 28, 2010
25 posts
Jun 01, 2010 at 17:43
......anyway, Tom, it don't seems to me, looking at your statement, that you make so much scalp trades and, besides, you achieved 3.841 pips (!) in less then 1 month, so, let me say, if you are a novice, I cannot imagine how many pips you'll make when you'll become an experienced trader!!!....
If it's too good to be true, probably isn't (true)!
forex_trader_12656
Member Since May 30, 2010
23 posts
Jun 01, 2010 at 18:24
(edited Jun 01, 2010 at 18:51)
Sven, unfortunately.. I haven't made so many. The distortion with stats sites like this is due to how MT4 treats partial closes of a single trade. And right this I 'm doing very often:
- I open a trade with ..say 1 lot.
- Close the 1st portion (eg. 0.5 lot) at say 30 pips, move SL to BE+commission+0.1 pip and let the rest run.
- Close the 2nd portion ((eg. 0.3 lot) at 70 pips profit at some major S/R.
- Close the rest (0.2 lot) at 50 pips as I see that's turning against me.
With this example trade, I've made $150 with the 1st portion, $210 the 2nd and $100 the 3rd - total $460 with ONE lot - this is 46 pips. But MT4 treats it as three separate trades - and so do the stats sites. So, due to the stats, I should have made 150 pips with 3 trades. But this simply isn't true since there was only ONE trade and its outcome averaged was not even a third of a true 150-pip-one-lot-trade.
You can easily recognize partially closed trades by their open date&time - it's the same, to the second ;). I think the _real_ pip count would be about a half of that what is stated since there are many smaller trades closed at-once. I'm planning to make myself an Excel macro, import the data and average the partials - real pip stats are essential for a risk/reward analysis since when you enter a trade, you are risking the WHOLE lot with your initial SL.
I'm not considering myself a scalper, but I'm @home on the M1 chart even for the bigger moves.. price action is clearly visible on M1.
- I open a trade with ..say 1 lot.
- Close the 1st portion (eg. 0.5 lot) at say 30 pips, move SL to BE+commission+0.1 pip and let the rest run.
- Close the 2nd portion ((eg. 0.3 lot) at 70 pips profit at some major S/R.
- Close the rest (0.2 lot) at 50 pips as I see that's turning against me.
With this example trade, I've made $150 with the 1st portion, $210 the 2nd and $100 the 3rd - total $460 with ONE lot - this is 46 pips. But MT4 treats it as three separate trades - and so do the stats sites. So, due to the stats, I should have made 150 pips with 3 trades. But this simply isn't true since there was only ONE trade and its outcome averaged was not even a third of a true 150-pip-one-lot-trade.
You can easily recognize partially closed trades by their open date&time - it's the same, to the second ;). I think the _real_ pip count would be about a half of that what is stated since there are many smaller trades closed at-once. I'm planning to make myself an Excel macro, import the data and average the partials - real pip stats are essential for a risk/reward analysis since when you enter a trade, you are risking the WHOLE lot with your initial SL.
I'm not considering myself a scalper, but I'm @home on the M1 chart even for the bigger moves.. price action is clearly visible on M1.
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