Mission Impossible
I setup this thread for an new approach to make money within the FX market.
Main idea is from saambasp so thanks for this fascinating idea. So what is all about?
Main idea is to trade 100% risk! Using this you will reach 1 Million Dollar with only 15 Trades! Fascinating of course.
But as any trader knows not easy at all to make 15 green trades in a row, no man. And because of the crisis is still on and will
stay much longer the London and US Sessions are very hard to trade. Because of all the news comin in from here and there and
there to here, damn. But what I saw is that the Asian Session recovered nicely from the Tsunami now.
Conclusion: trading the original idea using an nice manual system is within these two sessions out of reach because really not much
chances to make 15 in a row so I thought about an different way, different approach to get near to this. After a short while thinking about
all this and current market situation I found something, an approach what comes near to this idea. At least to reach 1 Million Dollars eventually
with no sweat under my arms…….
Well, time factor is much longer with this but it will be much more safe than the original way to try getting a rich man.
Using 5 micro accounts, each funded with $10 and a few EAs now for my way of High Risk Trading and using 90% Risk! wow, yep
This is running now 1 week and 1 Night and AllTogether Performance is 89.4%
2 good things for this: first is if an
or two will crash their accounts it was only small money and quickly the account is funded again!
2nd good thing is if an
goes into red the others still have their performances left for this!
So for this if all 5 accounts together make 100% gain I doubled $10. This is not impressive but will grow because of EAs MM, So soon some of
them are within an account balance were they will increase their lotsize!
Yes, the RR for an
is really not impressive, but using them together this works greatly. At least for my first approach and week
For this I made an trading plan too and as I right now do not know what will go on with the performance if EAs increase their lotsizes and bad trades
and so on I used to make my plan easy: double last account balance every 2 weeks. So $10 into §20, then $40 and so on, think this will come very
close to all this. Well, first months this is not impressive, but there are still ways to increase all this again and again plus putting money in my pockets too
Think I covered all and perhaps it will be interesting for some of you guys, following now my MI! – MI5 Real Accounts, each funded with $10
Dirk58
Mission Impossible
I setup this thread for an new approach to make money within the FX market.
Main idea is from saambasp so thanks for this fascinating idea. So what is all about?
Main idea is to trade 100% risk! Using this you will reach 1 Million Dollar with only 15 Trades! Fascinating of course.
But as any trader knows not easy at all to make 15 green trades in a row, no man. And because of the crisis is still on and will
stay much longer the London and US Sessions are very hard to trade. Because of all the news comin in from here and there and
there to here, damn. But what I saw is that the Asian Session recovered nicely from the Tsunami now.
Conclusion: trading the original idea using an nice manual system is within these two sessions out of reach because really not much
chances to make 15 in a row so I thought about an different way, different approach to get near to this. After a short while thinking about
all this and current market situation I found something, an approach what comes near to this idea. At least to reach 1 Million Dollars eventually
with no sweat under my arms…….
Well, time factor is much longer with this but it will be much more safe than the original way to try getting a rich man.
Using 5 micro accounts, each funded with $10 and a few EAs now for my way of High Risk Trading and using 90% Risk! wow, yep
This is running now 1 week and 1 Night and AllTogether Performance is 89.4%
2 good things for this: first is if an
or two will crash their accounts it was only small money and quickly the account is funded again!
2nd good thing is if an
goes into red the others still have their performances left for this!
So for this if all 5 accounts together make 100% gain I doubled $10. This is not impressive but will grow because of EAs MM, So soon some of
them are within an account balance were they will increase their lotsize!
Yes, the RR for an
is really not impressive, but using them together this works greatly. At least for my first approach and week
For this I made an trading plan too and as I right now do not know what will go on with the performance if EAs increase their lotsizes and bad trades
and so on I used to make my plan easy: double last account balance every 2 weeks. So $10 into §20, then $40 and so on, think this will come very
close to all this. Well, first months this is not impressive, but there are still ways to increase all this again and again plus putting money in my pockets too
Think I covered all and perhaps it will be interesting for some of you guys, following now my MI! – MI5 Real Accounts, each funded with $10
Dirk58
FOREX concerences in Europe
Does somone know, where I can find a list of FOREX conferences held in Europe? I’m looking for conferences, where I’m able to find information about FOREX robots / EAs.
Best regards
Beggie
FOREX concerences in Europe
Does somone know, where I can find a list of FOREX conferences held in Europe? I’m looking for conferences, where I’m able to find information about FOREX robots / EAs.
Best regards
Beggie
The Commitment of Traders show an increase in net EURO short position.
In for another squeeze higher next week? The change WoW was +10%.
Lagarde says this time bailout to Greece will require deliverable fiscal adjustments
- She adds the Greek program requires significant PSI.
EURUSD moves toward 38.2% retracement. Topside trendline also getting closer
The EURUSD is approaching some upside targets for the pair. The first is the underside of the trendline on the hourly chart above. That level comes in at the 1.3222 level currently. The next would be the 38.2% of the move down from the October 27th high. That level comes in at the 1.32429 level. Finally, the top channel trendline on the daily at the 1.3252 is also approaching.
With the days range for the EURUSD above the average range, I would expect that traders might look to take some profit against these levels before the weekend.
Week ahead in Trading webinar this Monday at 9:30AM
Week ahead in Trading webinar this Monday at 9:30AM – Get all the hot topics and new trends for the week from Greg Michalowski and Shawn Powell – Register now






