Master_Kiwa's Posts - Page 8

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 18, 2014 at 16:16

Have a look at ALL of my traders from the ALL the accounts which have been linked. Then give me that avg again. Secondly a scalper DOES aim for high entry accuracy as they typically hold their positions for short amount of times. If a trader tries to profit from the difference between the bid and ask spread, you have to do so by placing an accurate trade now wouldn't you? Also note one thing noob cake. Take away all the orders which are less then .1 lot and amazingly my accuracy spikes up doesn't it? You say its ok to hold a position as long as your analysis is valid and you have a st...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 18, 2014 at 16:09

I'm still waiting for you to load the account in which you said you can earn 3pips before you lose 3 pips.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 18, 2014 at 13:32

I would rather see you trade the currency. How many pips are your stop loss? Do you even use a stop loss?

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 18, 2014 at 12:18

Well Mr. Swinger trader If you dont see accuracy as somethig which is important then I guess its not important then... Well to you that is. As for myself I can consider myself a scalper. My trades reveal that especially of my accuracy in over 70% of my trades. Patients is what kills in forex. It creates bias which is the leading cause of a decreasing account value. You say its "ok to be in" because the price "will eventually come back". Well ask the people who bought EU at 1.39** right before this massive drop. Will EUR go back up, only price action will tell. No indicat...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 18, 2014 at 00:37

i am not changing anything. Since you and I know we started monday, then monday is where YOU can set the custom start date from.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 18, 2014 at 00:26

Oh great so now you want to compare AVG's based on your 1 day worth of trading. Well let's see where it will stand up after tomorrows trading. :) As for you "protecting your trades" I have no idea how you can be doing such a thing when you are trading with 0 sl and your not counter trading your float losses. Oh well...... time for me to take a nap. See you during London.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 18, 2014 at 00:20

Here is the second to last time the same currency was at the same level....http://www.myfxbook.com/files/Master_Kiwa/codemonkey4_kS.PNG You can clearly see his orders from today were based on the accumulation + resistance which GBP/CAD had at the price displayed. So now noobmonkey you're going to tell me you aren't wagering onsupport and resistance?

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 18, 2014 at 00:18

Here is one last example. Have a look at code monkies OPEN TRADES. Do you see his gbp/CAD order, and how many trades he has placed? Well look at this chart, this is where he placed the orders to BUY. Of course he was wagering that the price would rocket past the"last resistance", only for it to have failed......http://www.myfxbook.com/files/Master_Kiwa/codemonkey3.PNG

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 18, 2014 at 00:07

You may want to scroll up noob cake. I already mentioned WHAT AND HOW you are doing it.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 18, 2014 at 00:06

Have a look at this everyone. He has almost 100 usd in floating loss, and a total of over - 1000 pips in the last 2 trading days in floating loss. Doesn't appear as thought your support and resistance is doing to well. Oh by the way guys, this is how people manipulate the " net pip" stat. So instead of placing .05 lots for EUR/NZD he then places 5 .01 orders. So say EUR/NZD losses 20 pips since he entered, it will show as a 100 pip loss since he has 5 separate orders, compared to just placing 1 .05 order in which it would simply be a 20 pip loss if it dropped against h...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 18, 2014 at 00:00

Not to worry, it will come soon enough, and stop b!tching about who has more capital then the other. Please it is getting rather dry. Since the market is dull right now, this is the perfect time to look at your trades.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 17, 2014 at 23:58

No one is arguing. I'm simply looking at your trades, and leaving my comments on it. That's all. As for claiming I don't understand it. It is as simple as opening a chart. I can see EVERYTHING you've done, and your silly block orders proves that you are trading using support and resistance.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 17, 2014 at 23:56

Who cares. Remember this is 2 weeks long, and I am simply one trade away from putting you to bed. It is evident to see that you aren't scalping, and your simply wagering on support and resistance, and doing very poorly at it.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 17, 2014 at 23:54

Have a look at the following chart. http://www.myfxbook.com/files/Master_Kiwa/codemonkey1.PNG The blue box is where codemonkey took his position. Now I won't "monday morning quaterback" his call, but you can see the amount of orders (the red lines) which were triggered by himself or his EA. Now the position which he took today was pretty silly because the price had already spiked almost 100 pips once he took the trade. The chart below shows you WHY he took the trade. http://www.myfxbook.com/files/Master_Kiwa/codemonkey2.PNGIf you see the box highlighted in blue, that was the last...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 17, 2014 at 23:42

Ok lets look at the trades of Codemonkey.... It is clear to see that CodeMonkey isn't scalping. What he is actually doing is wagering very small lots, to counter trade the price action which lead to the price. Have a look at some of his floating losses. What do you notice? http://www.myfxbook.com/files/Master_Kiwa/codemonkey.PNG Notice that he is placing .01 orders against his pair of choose, but notice the amount of orders. Also look at the time, and the price of the currency as he continues to add orders.For example he sees that price is moving up, and because he has a perceived idea tha...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 17, 2014 at 23:10

Yes good analysis AFTER the fact. Now the question is did he make money from this? Of course not as he doesnt trade in a live account. Si SuperNoobie are you going to come take this 1k or what?

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 17, 2014 at 23:04

I know you would love to know more about why MOST OF MY TRADES have a high Reward ratio compared to risk. To fiqure that out you would simply have to LOOK AT MY TRADES. Once you do you'll find patterns in my trading history. Identify the pattern and you will fiqure out about how to keep your a Pip-drawdown low.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 17, 2014 at 20:25

Looks like a cat got his tongue. Of course you won't be able to explain why your DRAWDOWN is so high, because you yourself, don't even know your system. You claim that I've "made up" pip-drawdown when clearly PIP-DRAWDOWN is a stat used by myfxbook to calculate a traders accuracy. You even went as far as to say that "pips are relative" well do you care to explain to me how can one profit, if they don't exchange their currency for lots, which value is determined by the AMOUNT OF PIPS WHICH A CURRENCY MOVES either in the favor or against a trader? You guys get...

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 17, 2014 at 20:19

Please lets not talk theories. Show the trades. Anyone can draw lines on a chart, and say I called it at this price. Unless you have the trades to back it up, then please keep your charts to yourself. You don't have to be focused to trade my friend. Take random positions if you like or ones with educated guesses. Please re frame from answering until you have your account loaded.

Do you think you can turn $200 into $400 in six weeks? in New Traders Jun 17, 2014 at 18:53

Anyother thing about Arthdits stat, is what he never defends that point. He never mentions why his PIP-DRAWDOWN is so high. He only focuses on his LOW-DRAWDOWN, but do you think investors will want to have their money tied up in positions for days, when if he simply respected price action on the lower tf he would of turned that negative 160 pips into plus 160 pips. Something to think about.

EURUSD	1.08423	GBPUSD	1.30349	AUDUSD	0.6707
USDJPY	149.958	USDCAD	1.37956	USDCHF	0.86622

Posts by Master_Kiwa