BluePanther's Beiträge - Seite 55

IC MARKETS REAL 313166 in Handelssysteme Jan 07, 2014 at 16:43

3 Feet From GoldOne of the most common causes of failure is quitting when one is overtaken by temporary defeat ~ Napoleon Hill.In his book “Think and grow rich”, Napoleon tells the story of the miner who lost a fortune because he quit just three feet from gold.This story is valuable because it highlights the fact that many people give up on their dreams way too early and too easily.It was back in the day, and our subject was overcome by the “gold rush fever”.He left his home in Maryland and headed west to Colorado where he staked a claim and got to work with pick and sh...

IC MARKETS REAL 313166 in Handelssysteme Jan 07, 2014 at 11:22

Not happy about current exposure on my account (mainly due to EURCHF). Margin 600% (6x). This is the same setup I had for the EURUSD which blew $15,000 last time because I held it thinking it would reverse sooner rather than later (reversed later). It is only a matter of time, but the question is if I have enough margin in my account to weather the movement.No, I don't want a repeat of EURUSD incident. I have closed all positions with CloseAll script, and I am putting EA on only XAUUSD (damn, I wish I got that movement yesterday on my real account! Damn, too many regrets over all that mone...

IC MARKETS REAL 313166 in Handelssysteme Jan 06, 2014 at 15:40

Before and After screenshot of my Demo account re: XAUUSD "bungee-jump" 😎Screenshots taken 30 minutes apart (when myfxbook Demo page updated).

IC MARKETS REAL 313166 in Handelssysteme Jan 06, 2014 at 15:18

...yeah, crazy freaky volatility XAUUSD! Watching demo account on mobile MT4 and witnessed first-hand the considerable 3%+ drawdown suddenly flip and become a 25%+ profit!!Damn! Shoulda put XAUUSD on my real account! Mind you, this move was favourable. I need to keep in mind if the move was unfavourable.Or is this a perfect example of how Demo ALWAYS outperforms Real?

IC MARKETS REAL 313166 in Handelssysteme Jan 06, 2014 at 14:02

Update: Margin on both Demo and Real are at just over 4000% (40x).XAUUSD (Demo only) = exposure of 0.58%. Was 0.25 lots, now 0.43 lots. Was 14 trades, now 18 trades. XAUUSD very volatile but excellent for this strategy (almost feels like a wild animal that I must tame - exciting stuff!)

IC MARKETS REAL 313166 in Handelssysteme Jan 06, 2014 at 09:41

Demo 831240 added: Balance $10,000; testing same strategy except with additional pair XAUUSD. If I am happy with margin requirements I may add this pair sooner than $20,000. Current returns are at an anaemic rates... 😞

IC MARKETS REAL 313166 in Handelssysteme Jan 03, 2014 at 14:35

309,127% Margin (3091 x Margin used of $4):

From $1 to 10 million in Neue Trader Jan 03, 2014 at 11:20

There is no rationality or logic in the market:http://www.viewster.com/movie/1193-15331-000/zeitgeist-moving-forwardThere is a greater underlying cause to human greed. This entire "game" is a giant ponzi scheme...

IC MARKETS REAL 313166 in Handelssysteme Jan 03, 2014 at 08:05

...I will stay focused, I will stay focused, I will stay focused!Added $3000 ($1000 for last fortnight and $2000 for this fortnight): total deposits = $13,705Despite the lure of higher returns, I will not add another pair until I have reached at least $20,000, and even then I will keep in mind my rule that I wish to maintain $10,000 per 0.01 lots traded per pair.Currently keeping the starting lots of EURCHF and AUDUSD @ 0.01 lots. I will add another pair before I decide to increase starting lots. I am itching to add EURUSD, GBPUSD and especially XAUUSD due to their volatility and liquidity!Mar...

IC MARKETS REAL 313166 in Handelssysteme Dec 31, 2013 at 22:52

Good to see that (with the exception of the last two days) my profit factor has been over 2 every day:http://www.mt4i.com/users/313166

IC MARKETS REAL 313166 in Handelssysteme Dec 31, 2013 at 22:26

Aims: a) 2%+ daily return b) $10,000 per pairPlan:a) @$20,000 assess daily returns and risks, keeping in mind $24,000 with five pairs ($5000/pair) risked too much with EURUSD in a strong trend. Add a third pair only if comfortable risk levels were maintained.b) @$30,000 as above - only add 4th pair if risk level is comfortable ($7500/pair).c) keep 3 pairs until $40,000.(Subject to pair tests later this month.)Correction: Commissions returned will only be a quarter of what myfxbook says - this tally is TOTAL commissions paid (IC Markets offer $1.60 per RLT - @460 lots I can expect perhaps $736 ...

IC MARKETS REAL 313166 in Handelssysteme Dec 31, 2013 at 17:03

Margin was as low recently as 4400% (4.4x deposits). Now hovering around 36,600% (366x), but that quickly gets chewed when the market trends and positions are opened with increasing size. Seems two pairs are okay for now (AUDUSD and EURCHF)... I won't add another pair until I have made it to $20,000, at which point it will be approximately $6666 per pair (currently ~$4000 per pair). This won't be long, as I am contributing extra when I receive my commissions returned around 12 January (looking like $4000+)Today is looking like 5%+ return, which is above my target of 2%, so I will be ha...

From $1 to 10 million in Neue Trader Dec 31, 2013 at 16:54

Many think forex is a scam because they lose money, and they lose because: A) believing false marketing (often hyped over the reality of the system being sold), or B) scam brokers (who create slippage, steal deposits, refuse withdrawals, etc.)Anyone with two brain cells can see the possibilities with all the volatility in forex, but the marketers and brokers take advantage of this and suck people in with claims that "they can help you achieve this" (when usually they can't achieve this even themselves). So they must resort to stealing people's money when buyers ask for a refu...

From $1 to 10 million in Neue Trader Dec 31, 2013 at 14:28

I saw the website for Pip Spring and its slogan is "Massive Forex Profits". When I read this it reminded me of this thread, and I see how it supports Rihan's topic. Too many scam marketers out there that use the possibility of big gains to sell their own "shit", which turns out to be no better than other "shit".There is truly a killing to be made, but the marketers have no clue how to achieve this. They either: 1. knowingly deceive new traders into buying their crap, or 2. truly are deluded in thinking that their crap is "serious money" stuff @5% per...

IC MARKETS REAL 313166 in Handelssysteme Dec 30, 2013 at 08:36

...make that AUDUSD and EURCHF. The margin used was too small so I think another pair can't hurt (hopefully!)???

IC MARKETS REAL 313166 in Handelssysteme Dec 30, 2013 at 07:56

I was meddling with the settings to try to prevent a repeat of EURUSD, but I didn't fix one of two settings, which meant all positions for XAUUSD were closed for a loss of $-2000.Positive: at least I know that setting refers to the pair loss only, not all open positions.Negative: that was 20% loss in real money.I have decided to reduce my risk and use the EA on ONE PAIR ONLY: EURCHF, but at my custom smaller grid settings. I know I had $10,000 with four pairs and turned that into $25,000, but I think I was simply lucky the market was ranging right at the time.I need to find the optimum set...

IC MARKETS REAL 313166 in Handelssysteme Dec 27, 2013 at 11:30

Guess it was looking good up until about yesterday / this week. I had a hunch I shoulda closed all trades earlier, but I didn't take it. So, as with other grid martingales, they work well for a month then a strong trend hits and they get hammered. I hoped I had enough margin and low enough risk to weather any strong trend, however the EURUSD kept increasing (and GPBUSD to a lesser extent) and despite manual intervention I could not sustain the losing trades.Available margin has been $-1000+, so I have decided to use a script to close all open trades. My balance returns somewhat to a level ...

IC MARKETS REAL 313166 in Handelssysteme Dec 26, 2013 at 07:47

My main aim is to make 10% per week with my margin level (risk) at a minimum of 100x (10,000%). During today's USDJPY movement, "margin used" reached as low as 350% (3.5x available margin) - too low for my comfort! As the market moves and trades are opened / closed, my margin level is fluctuating wildly between 12,000%+ and 2900% (or less). I am contributing my wages to increase available margin in my account, but it is slow going.Using a spreadsheet, I have calculated that at 10% per week (compounded), and contributing $2000 a fortnight, I will end up with $2 million by December...

IC MARKETS REAL 313166 in Handelssysteme Dec 26, 2013 at 07:32

Reverse grid martingale. As of 19 December I reduced the grid to 5 (pips?), martingale has always been 1.11x, and all trades have been against the trend. Basically counts on trading the pullbacks / retracements in the market, especially since the market moves in cycles.Been okay, except the recent jumps with USDJPY - I had to manually intervene as I didn't like the high drawdown, though the market and positions worked out today (luckily). I've a mind to take this one off my pairs as I am not keen on its high volatility (love the profits, hate the risk).I don't know why but I didn&#...

From $1 to 10 million in Neue Trader Dec 25, 2013 at 00:30

And perhaps only my ego is offended when folks like Rihan make lame joke threads like this, in a futile attempt to justify their erroneous perception of reality by garnering support from other short-sighted nubs. Of course, I will have the last laugh by savouring my success in the face of all my critics. 😎No offence intended, I am simply telling the situation how I see it. 😀Nubs, feel free to join in the "slag-fest". I will sooner prove you wrong. 😎

EURUSD	1.04258	GBPUSD	1.24559	AUDUSD	0.62364
USDJPY	154.304	USDCAD	1.44048	USDCHF	0.90876

Beiträge von BluePanther