Zig Zag (by wilfredoaa) Quick Stats
Gain: -25.87%
Drawdown: 67.60%
Pips: -1382.7
Trades: 531
Won:
Lost:
Type: Demo
Leverage: 1:50
Trading: Manual

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Zig Zag Discussion
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sanjaym

Member Since May 12, 2011  4 posts sanjaym Aug 16 2011 at 19:21
Hi,

Great record so far - what is your strategy?

mariogarcia

Member Since May 19, 2010  5 posts mariogarcia Aug 17 2011 at 11:57
elegant trading.. congratulations..

wilfredoaa

Member Since Jun 07, 2010  82 posts Sir. Williams (wilfredoaa) Aug 22 2011 at 08:11
Thank you. Is a zig zag strategy.. http://www.myfxbook.com/community/new-traders/simplest-forex-strategy/63720,1 that I started here and I been working on since then.

Grace is the greatest thing ever!
escaflow

Member Since Jan 11, 2011  1 posts escaflow Aug 22 2011 at 13:06
Can you share the Zig-zag indicator that you are using for trading?

bobowang

Member Since Feb 07, 2011  16 posts bobowang Aug 23 2011 at 02:32
good, except the two openning trades which have a $5000 loss, but the overall performance is still good!!!
keep it going...please don't do demo and only one month...

wilfredoaa

Member Since Jun 07, 2010  82 posts Sir. Williams (wilfredoaa) Aug 23 2011 at 07:54
@escaflow yeah.. I share it. Come join me on skype: ID: Wilfredoaa

Grace is the greatest thing ever!
wilfredoaa

Member Since Jun 07, 2010  82 posts Sir. Williams (wilfredoaa) Aug 23 2011 at 08:03
@bobowang no trading system is perfect and all you can do is believe in what you think works. I will keep up this demo.. I have the username and password.. in case my mt4 screws up. I am doing it with IBFX and don't have a time limit.. So I can keep it up all I want. I wish I can trade some real money ( but I am broke). I don't believe in success over night.. I have been doing free trading for over three years, learning curve. I feel I am now on what I call the second level... where I can make 10% to 80% easy but always with something in mind that no system is 100% bullet proof (nothing is guaranteed in life). My third level would be achieving anything over 1000% which some of the traders in myfxbook already do.

Feel Free to view my previous month contest on myfxbook (sponsor by FXCM)
http://www.myfxbook.com/members/wilfredoaa/contest-wilfredoaa/126152

I was 29th place with 80% a great satisfaction. I am getting ready for the next coming contest on gomarkets.

Grace is the greatest thing ever!
bobowang

Member Since Feb 07, 2011  16 posts bobowang Aug 23 2011 at 08:25 (edited Aug 23 2011 at 08:32 )
so great! keep it going...

are you broke??? no kidding. you will be fine, you are smart enough !!!

and I just notice you closed your last two opening trades with profit! when I saw them several hours ago, they were still losing 50pips and 30pips. congrats! although it's demo:)

wilfredoaa

Member Since Jun 07, 2010  82 posts Sir. Williams (wilfredoaa) Aug 23 2011 at 08:37
@ boobwang thanks. Yep you are right money is coming.. no worries. There was a wrong entry and then an early entriy mistakes that I learn from. Two enties that kind of got me worry a bit.

Grace is the greatest thing ever!
bobowang

Member Since Feb 07, 2011  16 posts bobowang Aug 23 2011 at 08:56 (edited Aug 23 2011 at 08:59 )
ok, but the drawdown is not that big...
If you are broke, you can trade my small live account. it's an $4000 account, but you only can use $1000 or $2000 to try. after one or two or three month. I will send you back 50% profits, then you will have real money to trade!
and you can link the account here, everybody can see your live show! amazing results!

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GBP/USD Needs Greater BoE Dissent to Bre...(19 min ago)
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