Zig Zag (By wilfredoaa)
| Gain : | -25.87% |
| Drawdown | 67.60% |
| Pips: | -1382.7 |
| Trades | 531 |
| Won: |
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| Lost: |
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| Type: | Demo |
| Leverage: | 1:50 |
| Trading: | Manual |
Zig Zag Discussion
Member Since Jun 07, 2010
82 posts
Sep 03, 2011 at 16:51
How I do on demo will be a good idea how I will do on real accounts? So demo as important as real accounts for me.
Grace is the greatest thing ever!
Member Since Jun 07, 2010
82 posts
Sep 04, 2011 at 22:08
If you fail.. you get up and try again even if you have to try on Demo. Never give up.
Grace is the greatest thing ever!
Member Since Jun 07, 2010
82 posts
Sep 05, 2011 at 06:33
Follow me on twitter to get free signals https://twitter.com/uforextrader
Risk Disclaimer
Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This is for educational purposes only.
Risk Disclaimer
Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This is for educational purposes only.
Grace is the greatest thing ever!
Sep 06, 2011 at 06:42
'Sir. Williams'
I admire your stile. Up until yesterday, you had all your trades with profit.
However after I traced all your trades on the chart I found nothing that I would call a trading system. Maybe you would share at least some details of your trading technique. I can see that all of your trades are closed by stop-loss=trailing which you keep very low.
There were three trades in particular back in August when you were at the loss of more than 150 pips, and yet you were keeping the position. You've kept position on August 3-4 with more than 250pips at loss (later closing it with profit), and yet you've closed a position yesterday losing 200 pips. Forgive my ignorance, but why? did you close it? It doesn't look like your stile.
Thank you, and good luck.
I admire your stile. Up until yesterday, you had all your trades with profit.
However after I traced all your trades on the chart I found nothing that I would call a trading system. Maybe you would share at least some details of your trading technique. I can see that all of your trades are closed by stop-loss=trailing which you keep very low.
There were three trades in particular back in August when you were at the loss of more than 150 pips, and yet you were keeping the position. You've kept position on August 3-4 with more than 250pips at loss (later closing it with profit), and yet you've closed a position yesterday losing 200 pips. Forgive my ignorance, but why? did you close it? It doesn't look like your stile.
Thank you, and good luck.
You see the shit on the street, you do not step into it.
Member Since Jun 07, 2010
82 posts
Sep 06, 2011 at 07:40
Thank you for observations, Sarkel. As you know I have been working with the zig zag for a quite some time now. During this time I failed most of the time. Until recently I manage to make 80% (on past myfxbook competition) and this current demo was doing great too. Except that I missed judge some entries and about the same time I manage my buddies forex account loosing some money on a real account and since it was a real account I had only certain amount I was able to loose only.. so I thought it would be a good idea to apply it for both accounts demo and real account... I had bad luck and I hit stop loss on both accounts. If you notice I manage to gain some pips on some small retracements.. but yet the main signal that I need it to wait wasn't there so I hurry to trade and over did it. I hope my buddy gives me another opportunity to try again or another opportunity shows up. Now I have a pool of trades generated by my Zig Zag EA that I can enter giving me better entries that don't grow that much against me. I tried 10 pips trailing on profits but since my signals are better now in my opinion.. i can now do 25 pips trailing on profit. I am using this signals for this current demo and my competition on myfxbook.
You can follow the signals for free on twitter https://twitter.com/uforextrader
Thanks for your support and kind words even when I screw up.
You can follow the signals for free on twitter https://twitter.com/uforextrader
Thanks for your support and kind words even when I screw up.
Grace is the greatest thing ever!
Member Since Jun 07, 2010
82 posts
Sep 06, 2011 at 15:14
my second eur/usd long positon just got out with a positive.. I thought it might be another victim since it reach about -150 pips
and my stop loss was @ -200 pips. Now I feel that I am back on course.
and my stop loss was @ -200 pips. Now I feel that I am back on course.
Grace is the greatest thing ever!
Sep 07, 2011 at 06:25
wilfredoaa posted:Thank you for your response.
Thank you for observations, Sarkel. .................on myfxbook.
......
Thanks for your support and kind words even when I screw up.
I'm sure that it was not a screw-up. Trading like boxing, can win without getting bruises.
<quote=wilfredoaa>
my second eur/usd long positon just got out with a positive.. I thought it might be another victim since it reach about -150 pips
and my stop loss was @ -200 pips. Now I feel that I am back on course.
It was surely getting there. Good save.😄
You see the shit on the street, you do not step into it.
Member Since Jun 07, 2010
82 posts
Sep 08, 2011 at 18:53
Ok.. I figured 50 pips stop loss is enough to know if the move is good or not.
So all the signals coming from now on https://twitter.com/uforextrader will have integrated a 50 pips stop loss
still with the same 25 pips profit on trailing.
So all the signals coming from now on https://twitter.com/uforextrader will have integrated a 50 pips stop loss
still with the same 25 pips profit on trailing.
Grace is the greatest thing ever!
Member Since Jun 07, 2010
82 posts
Sep 12, 2011 at 18:58
I was trading manually but after eur/usd screw me.. I am starting to use the EA and experimenting.
Grace is the greatest thing ever!
Member Since Jun 07, 2010
82 posts
Oct 14, 2011 at 17:10
Ok.. is on.. after a few adjustments.. now this thing is rocking.. I guess.. swing trading is best for me now.
3000 pips and countring
https://www.myfxbook.com/members/wilfredoaa/zz-ea/159576
this one is running with more leverage
https://www.myfxbook.com/members/wilfredoaa/zig-zag/143235
and had to close some positions because of margin call
but all of them were on profit
now.. the top one has been running with no inteference meaning that I am profitable in the long run
3000 pips and countring
https://www.myfxbook.com/members/wilfredoaa/zz-ea/159576
this one is running with more leverage
https://www.myfxbook.com/members/wilfredoaa/zig-zag/143235
and had to close some positions because of margin call
but all of them were on profit
now.. the top one has been running with no inteference meaning that I am profitable in the long run
Grace is the greatest thing ever!
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