Contest - Splexin (By forex_trader_33781)
| Gain : | +685.13% |
| Drawdown | 39.55% |
| Pips: | 3596.4 |
| Trades | 56 |
| Won: |
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| Lost: |
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| Type: | Demo |
| Leverage: | 1:100 |
| Trading: | Manual |
Contest - Splexin Discussion
Jan 15, 2012 at 16:01
1,437 Views
18 Replies
Member Since Jan 05, 2012
3 posts
Feb 16, 2012 at 09:32
Hi,
I'm not fazed by the contest ranking. I think your putting out the best quality trades I've seen out there so far. You're good!
I'm not fazed by the contest ranking. I think your putting out the best quality trades I've seen out there so far. You're good!
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Feb 16, 2012 at 09:47
(edited Feb 16, 2012 at 09:53)
Appreciate the kind words.....actually would be up a good $30K-50K+ more had I just let recent trades hit their targets. 😄
This might sound cheeky but I really haven't put much effort into trading. Maybe glance at the charts for 5 minutes a day? Because it's monopoly money and the leverage is so high I'm not all that 'involved' per se.
Probably luck more than anything. 😁
NZD was obviously overbought and even their central bank agrees it is overvalued.....actually got burned a bit on my AUD trades as I sold immediately BEFORE the Interest Rate and price shot up 😂.....but oh well lol........and any good news for Euro is only temporary as the crisis isn't going away overnight......
This might sound cheeky but I really haven't put much effort into trading. Maybe glance at the charts for 5 minutes a day? Because it's monopoly money and the leverage is so high I'm not all that 'involved' per se.
Probably luck more than anything. 😁
NZD was obviously overbought and even their central bank agrees it is overvalued.....actually got burned a bit on my AUD trades as I sold immediately BEFORE the Interest Rate and price shot up 😂.....but oh well lol........and any good news for Euro is only temporary as the crisis isn't going away overnight......
Member Since Jan 05, 2012
3 posts
Feb 16, 2012 at 19:52
Ahhh, 'Luck'. It has a habit of following people about AFTER they become really good at what they do... doesn't it? ;) .
BTW I've just been proved right about the better 'quality' of your trading compared to others I've looked at. The former number 1 ranked contestant just hit a 58% drawdown today. There are certain trading types I really pay no attention to regardless of their current ranking by account size.
For YOUR own style however... You just keep 'lucking' into those 100 pip moves like you're doing, and you'll do real great.
(Now, about that AU trade: Mine was an opposite calamity. I was sitting pretty on 130 pips of floating profit on a long I entered the day B4 interest rate. Somehow, I watched it all drop to 14 pips b4 jumping off... We learn everyday!)
Good luck mate!
BTW I've just been proved right about the better 'quality' of your trading compared to others I've looked at. The former number 1 ranked contestant just hit a 58% drawdown today. There are certain trading types I really pay no attention to regardless of their current ranking by account size.
For YOUR own style however... You just keep 'lucking' into those 100 pip moves like you're doing, and you'll do real great.
(Now, about that AU trade: Mine was an opposite calamity. I was sitting pretty on 130 pips of floating profit on a long I entered the day B4 interest rate. Somehow, I watched it all drop to 14 pips b4 jumping off... We learn everyday!)
Good luck mate!
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Feb 21, 2012 at 02:56
(edited Feb 21, 2012 at 02:57)
GBPUSD ripe for the shorting, I'm actually hoping for a deeper retracement. Too bad this isn't real $$$$ 😁
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Feb 22, 2012 at 10:40
BTW this is same system I trade live except w/better MM 😉
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Feb 22, 2012 at 13:42
Another lesson in waiting until your trades hit profit targets 😳 Would've topped $400K by default.
But anyway, I can't wait until I finish this project so I can go trade on my real account 😝
But anyway, I can't wait until I finish this project so I can go trade on my real account 😝
Member Since Jan 01, 2010
6 posts
Feb 23, 2012 at 06:16
Im really impressed with your trades. You seem to really know what you're doing, because your results appear like what would be realistic in a live account. Seriously, i'm impressed!
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Feb 23, 2012 at 07:20
(edited Feb 23, 2012 at 07:20)
Thank you for the kind words. I have been in forex for quite awhile and do have an extremely simple yet obviously profitable technique. The key is to not watch your trades-- you have to trust your decision to take the trade and let the market do its thing. That's why you have a stop-loss and a take-profit. If you planned on watching every tick then why use them. Some of the best trades on my real accounts have occurred while I was sleeping! 😁
Based on my calculations I'm pretty sure that I'm not going to win, but I never expected to rank where I am now.....so I'm not going to just quit either 😄
Based on my calculations I'm pretty sure that I'm not going to win, but I never expected to rank where I am now.....so I'm not going to just quit either 😄
Member Since Feb 05, 2012
34 posts
Feb 23, 2012 at 18:19
hi sir
this EA is very interested can you give the details (Link) for buying the this great EA
this EA is very interested can you give the details (Link) for buying the this great EA
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Feb 24, 2012 at 03:28
No EA.....100% manual trading 😉
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Feb 27, 2012 at 10:36
My equity/balance line is starting to look like a DNA strand 😁
Member Since Jan 01, 2010
6 posts
Feb 27, 2012 at 20:04
Hey Splexin,
You're stiill killing it! I'm really impressed, and cant help but look at your stats everyday. Have you considered passing your trading knowledge onto others via say writing a book on your style, providing trade signals or managing accounts. I would if I had a reliable system like yours. I've been burnt in the forex market many many times, lost over $6000 real money in the past three months and would do so much to be guided into achieving your kinda result. Pls lemme know what you intend to do since this contest just made you a celebrity!!!! I'll be ur student if you'd let me.
You're stiill killing it! I'm really impressed, and cant help but look at your stats everyday. Have you considered passing your trading knowledge onto others via say writing a book on your style, providing trade signals or managing accounts. I would if I had a reliable system like yours. I've been burnt in the forex market many many times, lost over $6000 real money in the past three months and would do so much to be guided into achieving your kinda result. Pls lemme know what you intend to do since this contest just made you a celebrity!!!! I'll be ur student if you'd let me.
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Feb 27, 2012 at 20:13
(edited Feb 27, 2012 at 20:13)
LOL I actually just opened my platform and kicked myself for not exiting my open trades a few hours ago when they moved 80 pips each in profit....now I'm only up 40 each 😁 Oh well, stops at breakeven anyways so I'll wait and see......
$6000? Man that is pretty rough, might should've stopped and did some evaluations at the first $2000 lost....oh well live and learn....
For awhile I had a signal service but it was a distraction and kept me from trading in my prime so now I just operate privately. I do have a personal 'mentorship' program in which I teach my 'method.' Twenty bucks a month. You can read about it on my profile. I don't sell courses though....I think that anybody who has to sell forex materials does it because they suck at real trading and make more money marketing than trading. I make a living in Forex and don't need strangers' money 😄 I don't manage accounts because I have six of my own 😁 But one day I want to start a trading firm.
$6000? Man that is pretty rough, might should've stopped and did some evaluations at the first $2000 lost....oh well live and learn....
For awhile I had a signal service but it was a distraction and kept me from trading in my prime so now I just operate privately. I do have a personal 'mentorship' program in which I teach my 'method.' Twenty bucks a month. You can read about it on my profile. I don't sell courses though....I think that anybody who has to sell forex materials does it because they suck at real trading and make more money marketing than trading. I make a living in Forex and don't need strangers' money 😄 I don't manage accounts because I have six of my own 😁 But one day I want to start a trading firm.
Member Since Jan 01, 2010
6 posts
Feb 28, 2012 at 04:27
I signed up too. Still dont know where the action is on ur site though.
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Feb 28, 2012 at 05:38
To those who recently signed up, I just woke up so you should have your personal area opened in the forum shortly 😄
Not liking the tiny profits of my open trades though 😁
Not liking the tiny profits of my open trades though 😁
forex_trader_33781
Member Since Apr 11, 2011
202 posts
Mar 01, 2012 at 10:47
Well, didn't end on the high-note I wanted (those blasted EUR trades 😁), but if I'm not mistaken after everyone's equity is liquidated (curious why it hasn't been done yet), I should end at 4th place....unless someone below me has a higher equity. 😁
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