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$500 to Freedom (500 to 5,000 in 1wk)
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Nov 08, 2011 at 04:15
tcruzn thanks for your interest- answer in order 1min 5min 15 min, Stoch %K- 5, D- 3, slowing -3, same w/8,3,3- Hi/lo- Exponential-mim 0 max 100good luckKen-TheForexFox
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 08, 2011 at 03:22
Correct, but done with a plan-No I did net expect 5,000 to happen but I did expect a profitable week in working my plan, (system) I expected 300 to 500 profit not 5000. I do avg 88% wins in my system so I was pretty sure I would not of blew the account. Just wanted to see what would happen if I started with only 5 trades, the 5 being if I loss the first 5 trades I would of blown the account 100% (5x20%=bye-bye)
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 08, 2011 at 01:11
I must of missed something. My risk has been all day and all this week is going to be 1.75 to 2% ( now last week when I started 20%) I would not do with a live account, This other thing about 12 wins in a row, sure I've done it, but it just happens with a good system. Can I profit the next 12 trades in a row maybe, maybe not I would not risk my whole account to find out, that is as PipGnostic said "just rolling the dice" I'm in forex to support my family, pay my bills, not to take very high risk.(I will take some)So again I don't know how I got dragged into this 12 thing ...
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 07, 2011 at 23:20
PipGnostic-How did I get involed with this thing ?
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 07, 2011 at 13:20
FXTrendWorX - I see you have your account posted- good luck and thanks for your kind words.7forex below is a great post by Saltywaters- thanks for your comments- I see you really don't need any help with a system, your doing very well on your own-nice tradingGood luck to all- below is a GREAT post by Saltywaters- SaltyWaters posted: Based on what I've read around I rather start my view (not definition) with what is a bad trader. A bad trader is one who doesn't succeed in making money even though he has read all the books about trading and belongs to a group of people who agree w...
Defination of a Good Trader?
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Nov 07, 2011 at 04:21
Very well said Salty--My kind of trading!!
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 07, 2011 at 03:21
Added to aboveSometimes as long as the Macd on the 15min did not cross against me I will trade just the Stoch on both the 1 & 5 min.
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 07, 2011 at 02:38
this was sent to me (PM) and I thought I would answer it for all.FXTrendWorXHi Ken,I just signed up with myfxbook, and noticed your postings. Can you tell me what strategy you are using to achieve the results to date? I downloaded the MACD you recommended, and understand the 2 Stoch.'s you are using. So, how do you get in and out of trades??Much appreciated,DavidHi David and everyone else ShortsFirst I look at Macd on the 1, 5, and yes 15min- where is it heading is the blue line below the red on 5 & 15 (down)Then I look at both Stoch on the 1 & 5 min are they both above 80 then wai...
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 06, 2011 at 18:10
HIGH RISK WARNING-You could lose some or all of your initial investment; do not invest money that you cannot afford to lose.$500 is what I was willing to lose on my system, (a system I believe in) I take high risk for high rewards!!12% of 500 = $60 per trade 12pip S/L (12% should never be used if you can't afford to lose all your $$ ) I took the risk, now I can double my stop and my risk drops to only 2.4%2.4% of 5,000 is 120 @ 0.5 that's 24 pip stop.Splexin & PipGnostic -I notice you guys wouldn't even show your portfolios, Why??tylerbose - I asume is sitting back waiting t...
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 05, 2011 at 09:31
Splexin I don't know what you mean by 50,000 units? 😕 my total pips traded for the whole week was 1,019.4Also I have been working this system before I put it on myfxbook, and if you check the facts, more then 8 of 10 trades are winners.if you went to a horse track and knew you would win 8 times and lose only 2 how much would bet on those 10 races?Can I get a 1,000% on my new balance of 5,000 in one week NO WAY. but I should be able to get 80 to 100%You as a trader know the higher your balance the lower the % gain is. Can I withdraw 4,500 and begin with 500 again and make 100...
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 05, 2011 at 09:29
TylerboseThanks for your input. As you can see when I started I only used a 12pip stop so my risk was only $60 (Eur/Usd) and being in the US my leverage is @ 50:1 so it's not that big a risk . it's a demo for 3 more weeks, if I still get great returns after 3 wks I'm going live. Feel free to follow my system (link below) called $500 to Freedom.Thanks againTheForexFoxhttp://www.myfxbook.com/files/TheForexFox/DetailedStatement_0A.htm
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 04, 2011 at 20:59
I use the 1min & 5min charts with two Stoch 5,3,3, & 8,3,3, and a custom Macd that you can down load here.http://www.fxstreet.com/platforms/addons/51d6028b-77de-4019-9873-a2e7ccccb915I do have to babysit my trades for now, I live in USA so i get 50:1 leverage. I only trade .50 lots in Eur/Usd, and try to limit my stops to 12pips, as you can see that is $60.00USD (but sometime I'll let it run higher if all indicators my guess is right,just to early) feel free to try it and let me know how your doing.P.S. Thanks for input guys 😉 TheForexFoxSystem-- $500 to Freedom
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 04, 2011 at 12:33
Sorry Guy's I thought I uploaded the whole statement. Try again.I use the 1min & 5min charts with two Stoch and 1 Macd.What do you think, this is the 3rd week trying this. (but the best so far)I do have to babysit this system at this time, I'm trying to find a way to bypass the babysitting.Thanks for your input:
$500 to Freedom (500 to 5,000 in 1wk)
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Nov 04, 2011 at 10:55
http://www.myfxbook.com/files/TheForexFox/DetailedStatement.gifWow what a week , Started last Friday with $500 now $5,000Take a look, let me know what you all think.P.S. new member here on myfxbooks so I'm still learning to get around site.Been doing this for a few weeks now, after adjustments to my own system. will keep testing 3more weeks before going live.Sorry if this link does not work. hope it does
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