arezab' की पोस्ट

Prime अंदरट्रेडींग सिस्टम Feb 25, 2010 at 17:24

Thanks inzider. In fact the biggest mistake I've done that caused my equity collapse like this, was that I switched to higher time frames like H1 and then H4. I designed this system to work best on lower time frames like 3M and 5M in first days, in fact to be a scalping system. If you look at my progress in first days you will see my acceleration was much higher than the whole period. The rapid growth of my account in early days was a result of trading 2M chart ... then I decided to shift to +H1 because of my time constraints and because I had to leave my pc for a day or two.Now I confess ...

Prime अंदरट्रेडींग सिस्टम Feb 09, 2010 at 13:19

Mike & Inzider,Thank you for compliments. As you can see I have currently a big floating loss. One part of this system is a specific MM which tries to come out of losing positions with very small cumulative loss or if possible with 0 .I've been working on this system for some times. This is a counter trend trading system so it's very dangerous to play with if you don't know the rules.I'm thinking about fine tuning the system so that I can reduce the floating losses.

Prime अंदरट्रेडींग सिस्टम Jan 11, 2010 at 21:28

I admit my trading style is risky as I've said before because I trade counter trend but since this year I'm adding CCI (my old indicator) and using trend lines over it to confirm the trend line break on RSI. Using these two indicators, their patterns and finding a relationship between them and also paying close attention to divergences is going to help me fine tune my system.

JZ Prop Account अंदरट्रेडींग सिस्टम Dec 30, 2009 at 23:23

Nice growth. Congrats. Do you trade higher time frames like H4 or higher? Because I see the growth is pretty choppy ... big losses and big profits at once. Do you hold your trades for several days?

Prime अंदरट्रेडींग सिस्टम Dec 25, 2009 at 12:18

I've been asked here privately several times to manage accounts but right now I'm not accepting because my system is still in final development phase and still needs to be fine tuned and for the same reason I don't sell signals right now.I'll let everybody know when I'm ready to manage accounts or sell signals.

Prime अंदरट्रेडींग सिस्टम Dec 25, 2009 at 10:51

hahahaaa :-) don't worry so much guys .. this is not just a system of how to enter and exit a trade but also a system of how to manage the losing positions. By the way this is just nothing. If you look through my history you will find once I had a -72% draw down of my total equity. I handled that easily so I can handle this one with a -51% draw down too. Trust me. I know what I'm doing.... to Knortzsch: My open trades are hidden because I don't want somebody use them as live signals to open positions .. not because of my envy but because as you see this system uses special money m...

Prime अंदरट्रेडींग सिस्टम Dec 24, 2009 at 19:54

Of course. Both S/R levels on RSI and on price itself are important for my entries and exits. Also I draw trend lines which are critical to find a turning point.

Prime अंदरट्रेडींग सिस्टम Dec 24, 2009 at 13:53

Session is not important for me. I place my trades whenever I get proper signal.

Prime अंदरट्रेडींग सिस्टम Dec 19, 2009 at 10:09

I don't use 200 sma or any other MA.I don't use RSI levels.RSI trend line break is not risky because it doesn't repaint.I don't use any tool or indicator to filter false signals, just my experience.

Prime अंदरट्रेडींग सिस्टम Dec 18, 2009 at 16:54

You are right but I'm still testing this system. Some of those trades are because I was not home for 1 or 2 days. In my live account I close them asap. So the gain in my live account is not as high as here.This is a counter trend system so I don't recommend it to anybody.

Prime अंदरट्रेडींग सिस्टम Dec 16, 2009 at 20:38

I think GU is a nice pair. In fact I started to trade live 3 years ago with GBPJPY which was a big mistake. I love that pair but the volatility is high and also the spread as well. Of course the spread is no issue if your system works for you. I intend to return to GJ in 2010 after I have some gains in my account. I will reduce my Risk/Reward ratio and my position size if I want to trade that pair.I tried EU for a few trades and I didn't like its movement although the spread is 2 with prime but GU is 2 too. So I decided to focus on one pair for some time.Gold is excellent but again very wi...

Prime अंदरट्रेडींग सिस्टम Dec 16, 2009 at 20:30

About moving SL, sometimes yes I move to BE and sometimes not. Depends on how quick the market moves. If market spikes away from my entry for 15 pips or more I quickly move SL to BE. If not I wait.If I go wrong with a trade I try to wait and see if the market returns back, so I put TP at 0 to possibly get out of the trade with no loss. The distance for SL in my system is not definite. Most of time I close the losing trade manually. Yes those big losses are because I was away from my PC at that time.

Prime अंदरट्रेडींग सिस्टम Dec 16, 2009 at 20:21

Prime4x = +2:00 Greenwich time.

Prime अंदरट्रेडींग सिस्टम Dec 16, 2009 at 00:06

I've also tried several systems before. Although those systems worked too (actually every system works more or less ... provided that you stick to rules) but I've found this one more discreet because the chart is clear and lets me see the market better.Yes most of times I use higher TFs to see an overall view of the market direction and use the lower TFs to enter the trade because I'm a day trader. This is not something new. I think most of traders do the same base on their own systems.BTW sorry for your losses but in fact that is part of the game and inevitable.Well about 2 point ...

Prime अंदरट्रेडींग सिस्टम Dec 15, 2009 at 19:10

I didn't said that and there is no need to put RSI on your chart. I'm using MT4 platform. I said to put "TREND LINES" over RSI (which resides at the bottom of your chart).

Prime अंदरट्रेडींग सिस्टम Dec 15, 2009 at 08:44

No I'm not interested in selling signals.

Prime अंदरट्रेडींग सिस्टम Dec 15, 2009 at 08:43

Looking at 3 time frames 15, 30 and H4

Prime अंदरट्रेडींग सिस्टम Dec 13, 2009 at 22:50

I don't sell anything. The point is I just can't put everything into words. Even if I draw those trend lines in front of you on a whiteboard or something I'm not sure I could clarify why and where I draw them. There are situations that a trend line break is a signal and sometimes not. It's not always the same. Depends on many other things.

Prime अंदरट्रेडींग सिस्टम Dec 13, 2009 at 22:41

No difference ... it works in all time frames. The point is you learn how to identify the best points (highs and lows) on RSI to draw trend lines.

Prime अंदरट्रेडींग सिस्टम Dec 12, 2009 at 13:45

to stef ... I use the same trend lines concept for exit. Put a RSI 14 over chart and draw trend lines over them. On break of trendline you enter and on next break you exit. But it's not as simple as this. You must be able to read the chart correctly and compare the market's movements with RSI movements and decide about how to draw a trend line over the price and RSI. Not every trend line is correct.Look .. this just depends on lots of screen time, starring at chart and "Feeling" the market correctly. I don't know how to put it into words. This is just experience.

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