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Killing it this Year :) and theres 1 reason behind it...

BenNathanFX (BenNathanFX)
Apr 22 2015 at 09:01
137 posts
https://www.myfxbook.com/members/BenNathanFTA/ben-nathan/1172397

+15% in 3 months with less than 3% DD.

Max risk 1% per trade, NFA FIFO Compliant, 50% win rate - 2:1 R/R applied to all orders to allow for slippage, live account, verified, 5-10 mins a day and no robot making trading decisions, i.e. I pick my own trades based on solid fundamentals.

Basically I just wanted to say that Ive done this by simplifying trading, and applying BASIC fundamental analysis when picking each trading pair.... I use no indicators, and no tools other than an app that allows me to place orders ahead of time without them going live until i want them to, and Ransquawk for building my daily fundamental picture... thats it....

I guess the point im trying to make is that fundamentals is make trading life so much easier... i'm happier because i spend a lot less time at the screen and my clients are happy as im making them more money and their equity curves are looking much better.

All im looking for in this post is one thing... and thats to inspire technical traders to at least consider adding some simple to their approach when it comes to choosing pairs and trades - the results make it worthwhile.

On that note - im off for a day on the golf course!

Have a great day all!


HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
barebudben
Apr 22 2015 at 10:58
27 posts
https://www.myfxbook.com/members/barebudben/contraduo-live/1164229

+19% in 3 months with 2% DD Using a purely algorithmic trading (Price action based) method, and NO fundamental analysis. There's more than 1 way to skin a cat my friend.

Off to the golf course as well.

BenNathanFX (BenNathanFX)
Apr 22 2015 at 16:10
137 posts
HAHA fair play... but can you do it manually if push comes to shove? :p
Also my equity curve is so much sexier LOL!

In seriousness, hope you had a good game mate!

HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
barebudben
Apr 22 2015 at 19:31
27 posts
It is a manual system... so I can...
and 19 is sexier than 15 imo ;)

shot a 76 today... not too bad...

BenNathanFX (BenNathanFX)
Apr 22 2015 at 19:39
137 posts
Haha very true though we should keep an ongoing comparison and I bet after 6 months I win mwahahahahaha
76 - awesome.
I'm still very new to the game so I'm shooting 106s - got some g25 irons which have made a big difference

HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
barebudben
Apr 23 2015 at 08:43
27 posts
Am looking at the G30 irons right now... have the G25 driver and it's great...

My system trades very infrequently... but high probability and high risk:reward per trade (avg about 1:8) so 6 months might not be enough... we'll see 2 of the trades closed on that account would have gone on to full profit, but I closed them before the weekend close. So that 19% should be about 28-30% if I didn't intervene...


BenNathanFX (BenNathanFX)
Apr 23 2015 at 09:16
137 posts
Awesome - ive been thinking about a driver upgrade - i have the Taylormade Burner 2.0 but had to get it customized somewhat - i.e. new shaft with shorter length (45' rather than 46.5') and counter balanced... made a big difference to my slice in terms of improvement but my max distance is about 245 yards (dunno how good or bad that is).

In terms of irons, from what ive heard and read, there isn't any difference between the the G25/30 apart from a tiny variation to the toe balance - ive had a go and they feel the same so id go G25 - but if you're shooting under 80 you'll be better off with the i25, or maybe even the s55 surely as I would think anything single figures handicap wise needs something more bladey for some more improvement?

Im working to a handicap still - have a couple of cards ready though :)

btw fair play on the trade front, its off to a nice start that's for sure... i WOULD have a much longer history - but some client accounts i cant show (its down to the owners whether or not I can publish them) and others - i'm not the only one trading on them so its been difficult hence just getting my own account together for building an independent track record - should've done it last year but i havent really needed to.

HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
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