Swing trading (By Sniperforex)
| Gain : | +1312.29% |
| Drawdown | 57.42% |
| Pips: | 5870.7 |
| Trades | 49 |
| Won: |
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| Lost: |
|
| Type: | Demo |
| Leverage: | 1:200 |
| Trading: | Manual |
Swing trading Discussion
Apr 20, 2010 at 17:21
1,715 Views
14 Replies
Member Since Apr 05, 2010
49 posts
May 26, 2010 at 20:56
Can you let us know how ur system works ???
Make $$$
Member Since Mar 23, 2010
2 posts
May 26, 2010 at 22:27
This is not an EA, Manual trading
Fundamental analysis
Fundamental analysis
Member Since May 28, 2010
25 posts
Jun 01, 2010 at 09:29
Do you sell your signals in some way?
I'd be really interested.
Please, let me know here, thanks.
I'd be really interested.
Please, let me know here, thanks.
If it's too good to be true, probably isn't (true)!
Jun 02, 2010 at 23:50
forex_trader_8139
Member Since Mar 04, 2010
423 posts
Jun 03, 2010 at 06:58
No loss trade up to now.
SIM
SIM
Member Since Apr 05, 2010
49 posts
Jun 03, 2010 at 07:26
Hi,
Do you provide any service?
Do you provide any service?
Make $$$
Member Since Oct 28, 2009
1430 posts
Jun 03, 2010 at 07:58
Equity is currently down at 77% so my guess is he's flying without a parachute
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Jun 17, 2010 at 08:56
Maybe... but based on his analysis, I'm sure he's probably holding through a swing until his targeted profit region is reached.
I am more impressed with the fact that he has been able to consistently get such 'huge' returns on his account. The first impression would be that high leverage is being used but upon a closer look it can be seen that he doesn't use very high leverage per trade...and if I'm not mistaken it's around 1:20. An avg. win of 120+ pips per trade is very impressive... which is also the reason for such high gains as opposed to leverage.
Good stuff !
I am more impressed with the fact that he has been able to consistently get such 'huge' returns on his account. The first impression would be that high leverage is being used but upon a closer look it can be seen that he doesn't use very high leverage per trade...and if I'm not mistaken it's around 1:20. An avg. win of 120+ pips per trade is very impressive... which is also the reason for such high gains as opposed to leverage.
Good stuff !
Member Since Oct 28, 2009
1430 posts
Jun 17, 2010 at 09:26
Indeed the returns are impressive, but it's seat of your pants stuff.
I wouldn't want to trade on a live account with no stop loss.
Get on the wrong side of a trend and it's bye bye account.
I wouldn't want to trade on a live account with no stop loss.
Get on the wrong side of a trend and it's bye bye account.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Feb 18, 2010
86 posts
Jun 17, 2010 at 12:28
(edited Jun 17, 2010 at 12:37)
A swing trader does NOT 'hold through swings', but 'trade the swings'.
And a swing trader would be long GPB/USD and long EUR/USD.
Though 23% DD is not all that much given the return, but it does seem like martingale trading.
And a swing trader would be long GPB/USD and long EUR/USD.
Though 23% DD is not all that much given the return, but it does seem like martingale trading.
Jun 18, 2010 at 07:03
Equity is down to 38% which is quite bad.... and more like gambling even if he does manage to recover.
About the swings... it depends on which tf the swing trade was taken on. If it was still within the larger swing on a larger tf then the trader might decide to hold through the smaller tf swing which he entered on... provided his MM permits him to.
Even a strategy that has a 50/50 win ratio which just about struggles to break even, can be turned into a consistently winning strategy by applying some good MM & trade management techniques.
Bottom line here in my opinion is that he's got a good strategy for entries... just needs some adjustments and a little fine tuning to make it safe and consistent in the long term.
About the swings... it depends on which tf the swing trade was taken on. If it was still within the larger swing on a larger tf then the trader might decide to hold through the smaller tf swing which he entered on... provided his MM permits him to.
Even a strategy that has a 50/50 win ratio which just about struggles to break even, can be turned into a consistently winning strategy by applying some good MM & trade management techniques.
Bottom line here in my opinion is that he's got a good strategy for entries... just needs some adjustments and a little fine tuning to make it safe and consistent in the long term.
Member Since Feb 18, 2010
86 posts
Jun 18, 2010 at 12:45
(edited Jun 18, 2010 at 12:45)
This system is 'Hold until it makes profit'.
This is not swing trading. Holding till profit is not swing trading.
Catching falling swords is not swing trading.
Doubling down is not swing trading.
Swing trader know when to take a loss and move on, this person obviously does'nt.
And when this system gets a margin call, it will get deleted for another one.
This is not swing trading. Holding till profit is not swing trading.
Catching falling swords is not swing trading.
Doubling down is not swing trading.
Swing trader know when to take a loss and move on, this person obviously does'nt.
And when this system gets a margin call, it will get deleted for another one.
Member Since Mar 23, 2010
2 posts
Jun 18, 2010 at 15:15
Hi,
Please excuse my English.
I make that of the swing trading (point of view investment. I do not scalping, I aim to the minimum between 100 and 300 pip average), my interventions are provided in the medium term than long-term
** I do not use an EA, Manual Trading
** My positions are processed using a fundamental analysis
** I work on TF 4H, daily and weekly.
** I follow the trend to maximize the expectation of earnings.
** If the price does not move in the direction anticipated, I reinforce the positions.
** My exposure to risk 15%-20% on this demo account (should never exceed 8% -10% on my real account)
I have create a count on myfxbook has request of communicated which follows my recommendations on the French forum https://www.videobourse.fr/forum-forex/viewtopic.php?f=11&t=750&start=0
Best regards,
Sniper forex
Please excuse my English.
I make that of the swing trading (point of view investment. I do not scalping, I aim to the minimum between 100 and 300 pip average), my interventions are provided in the medium term than long-term
** I do not use an EA, Manual Trading
** My positions are processed using a fundamental analysis
** I work on TF 4H, daily and weekly.
** I follow the trend to maximize the expectation of earnings.
** If the price does not move in the direction anticipated, I reinforce the positions.
** My exposure to risk 15%-20% on this demo account (should never exceed 8% -10% on my real account)
I have create a count on myfxbook has request of communicated which follows my recommendations on the French forum https://www.videobourse.fr/forum-forex/viewtopic.php?f=11&t=750&start=0
Best regards,
Sniper forex
Member Since Feb 18, 2010
86 posts
Jul 01, 2010 at 13:00
Sniperforex posted:
** If the price does not move in the direction anticipated, I reinforce the positions.
** My exposure to risk 15%-20% on this demo account (should never exceed 8% -10% on my real account)
**It's called Martingale.
**Considering your DD is 41% and reached 62% I wish you luck.
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