Is it possible to get 30% profit every month?
Aug 25, 2015 at 06:05
platin posted:IXBONE posted:
lol you made my day ;)
-i wrote: 'Using SL is almost the hard way to realize losses' NOT 'using SL is the harder way to trade' - complete different!
-you critcize others
-5 sentences later you confirm psych problems
...many letters wasted
i am happy that you enjoyed my post ;)
what have my problems to do with criticizing? if you following your logic than you couldn't discuss here because you even have a trackrecord to prove you thoughts ;). Arguing with arguments is the way how adults exchange their points of view, nothing wrong with that. As i wrote i am interested from which point of view you are talking.
Knowing the own weaknes is the first step of improvement. Learn from the succsessful not from the ignorant :)
nothing wasted here, its public discussion here others can build their opinions on.
greetings
-funny! i do not sell any system, so i must NOT have a track record!
-successful traders have open minds to integrate new trading technics-only the 'old school' sl only guys will loose in the long!!! run.
-fyi: i trade pure pa since 15 years, no indicators, no lines, nothing- OHLC only!, I was a inflexible SL guy till 2008 too, all my yearly profit was lost in 1 minute. Since i do not use sl anymore only other technics like async hedges, percentage allocations, brownian motion, stochatic processes (financial mathematics) and so on and yes i use different versions of martingale like open, stretched, double stretched, 1-3-2-4 with success too.
cheers
ps: using sl is not the one and only way to manage orders with negative profit, there are many other 'soft' ways to recover open negative trades, using sl is the hard way and realize the loss!
ixbone@
Member Since Jan 30, 2011
19 posts
Aug 25, 2015 at 06:47
30 posts over the last weeks, 30 trader says 30% is no problem.
30 traders with a 99% dd. crazy
30 traders with a 99% dd. crazy
martin.perzul@
forex_trader_186239
Member Since Apr 15, 2014
224 posts
Aug 25, 2015 at 07:18
Academic studies may be good in quantum mechanics but not FX
forex_trader_137597
Member Since Jul 04, 2013
88 posts
Aug 25, 2015 at 07:20
please do not fight, it is not right to fight when we are here to give our point of view and share ideas, some people have a hard time handling their nerves when there is no SL, so that must be respected. I put SL, just in case, but I analize and usually see if a trade does not have chances of pulling back, depends on level of risk, lets say lots ratio versus equity, in example, today you might buy eurusd and for sure if was going up, but you might have a low drawdown, but you could guess the price would eventually go up, so if yopu set a 20 pips SL you might lose a 150-200 pips of profit. It makes more sense to place SL on resuistance an support levels with a bit of margin, that to set a fixed SL or TP, trail stop ruins some operations too. It is about each person individually finding their comfort zone within risk.
forex_trader_137597
Member Since Jul 04, 2013
88 posts
Aug 25, 2015 at 07:20
my trading style is to wait for trends in the H4 chart then go to the M1 and watch the indicators and price then, if the trend was bullish in the H4 chart I buy when the price is low on the M1 chart. Indicators ADX, RSI(14) RSI(6), CCI(14) CCI(6). with that is working for me. SL an TP are in my mind, no trailing Stop, and I go for a 5 % daily Gain. I check for reversal level for setting SL and closing bad trades. And for calculating risk, If the price is ranging in the H4 chart I look for another Symbol.
Aug 25, 2015 at 07:40
My hand make EA make 80% yesterday. 64 000 profit pip, lot size 0.01 and rank 4th total trade(2851) in running contest
https://www.myfxbook.com/members/StingRay/contest-stingray/1335267
https://www.myfxbook.com/members/StingRay/contest-stingray/1335267
financial freedom by using own hand make EA.
Aug 25, 2015 at 07:41
Look009 posted:made my day ;)
Academic studies may be good in quantum mechanics but not FX
Do you have read the study? If yes, copy and paste the authors conclusio, so we can prove you have read the study.
If not, you should not talk about academic studies you have NOT read!
And financial mathematics also learned at universities! Therfor academic studies are right on
ixbone@
forex_trader_186239
Member Since Apr 15, 2014
224 posts
Aug 27, 2015 at 06:27
IXBONE posted:Look009 posted:made my day ;)
Academic studies may be good in quantum mechanics but not FX
Do you have read the study? If yes, copy and paste the authors conclusio, so we can prove you have read the study.
If not, you should not talk about academic studies you have NOT read!
And financial mathematics also learned at universities! Therfor academic studies are right on
Common boy, I have a Phd in Math and I know that's I am speaking about
Aug 27, 2015 at 07:31
Look009 posted:IXBONE posted:Look009 posted:made my day ;)
Academic studies may be good in quantum mechanics but not FX
Do you have read the study? If yes, copy and paste the authors conclusio, so we can prove you have read the study.
If not, you should not talk about academic studies you have NOT read!
And financial mathematics also learned at universities! Therfor academic studies are right on
Common boy, I have a Phd in Math and I know that's I am speaking about
for sure, and now i trust you :)
to prove your statement that you have Phd Math: describe the Wiener process, this is easy for real math guys
ixbone@
Aug 30, 2015 at 14:20
IXBONE posted:
-funny! i do not sell any system, so i must NOT have a track record!
-successful traders have open minds to integrate new trading technics-only the 'old school' sl only guys will loose in the long!!! run.
-fyi: i trade pure pa since 15 years, no indicators, no lines, nothing- OHLC only!, I was a inflexible SL guy till 2008 too, all my yearly profit was lost in 1 minute. Since i do not use sl anymore only other technics like async hedges, percentage allocations, brownian motion, stochatic processes (financial mathematics) and so on and yes i use different versions of martingale like open, stretched, double stretched, 1-3-2-4 with success too.
cheers
ps: using sl is not the one and only way to manage orders with negative profit, there are many other 'soft' ways to recover open negative trades, using sl is the hard way and realize the loss!
it seems you mix up money management,trading strategy and trade management.
Loosing years of Profits in 1 minute is not a fault of using a stopploss, its simply overleverage.
I dont want to dismiss your progress and think it is good that you are open minded,
so you might be interested in this:
(its one of the most professional trading plans i found so far)
Anyway my question for trackrecord was aimed that you can proof your claims.
trade or die
Member Since Oct 11, 2013
775 posts
Sep 01, 2015 at 06:28
Interesting opinions, always trying to keep an open mind.
Member Since Feb 22, 2011
4862 posts
Sep 01, 2015 at 11:06
I am able to achieve 1% daily growth so I believe it is possible to get 30%/mo with slightly higher risk:)
Member Since Apr 17, 2015
23 posts
Sep 04, 2015 at 10:00
togr posted:
I am able to achieve 1% daily growth so I believe it is possible to get 30%/mo with slightly higher risk:)
Its possible if you are traded with high patience
Best Account Manager™
Member Since Feb 22, 2011
4862 posts
Sep 04, 2015 at 10:01
GaneshFXAM posted:The key is not to be greedy and stick to the plantogr posted:
I am able to achieve 1% daily growth so I believe it is possible to get 30%/mo with slightly higher risk:)
Its possible if you are traded with high patience
Member Since Jun 05, 2014
35 posts
Sep 04, 2015 at 10:02
Yes, it is possible.
It's all in the mindset.
forex_trader_196233
Member Since Jun 22, 2014
13 posts
Sep 04, 2015 at 21:48
per ora è in demo ... poi sarà in real..... tranquillo guarda e osserva
https://www.myfxbook.com/members/giubar01/we-champions/1342840
Member Since Jan 14, 2010
2299 posts
Sep 06, 2015 at 01:05
Every month? in your dream. But can happen occasionally. Leverage must be high. One cannot do it with 1:1 leverage.
can you manage 30% down month?
can you manage 30% down month?
forex_trader_216290
Member Since Nov 08, 2014
6 posts
Sep 06, 2015 at 06:22
