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Show your profitable account here.

vontogr (togr)
Oct 19 2018 at 09:17
4862 posts
OutsideTheBoxHK posted:
togr posted:
OutsideTheBoxHK posted:
https://www.myfxbook.com/members/OutsideTheBoxHK/outside-box-zero-spread-scalping/2575384

214 straight winning trades.
My personal best.
see my other accounts too. Too many to describe really. But lots of different good strategies.

Impressive results, keep going.
BTW you have zero loss trades - do you ever close trade at SL or how do you protect account?


I only use SL during high risk events, and these events I do my best to avoid all together limiting my exposure so that it doesn't matter what happens during news events as original flow of price action is restored after news events influence dissipate anyway.

Many many people say that using SL's is a must. But I differ.
And early on I was taken out of many many trades prematurely, because volatility in forex is not friendly to beginners placing stop losses at or near support/resistance or even at psychological 50 or 00 areas. I decided to trade without them 18 months ago, and I altered the way I trade so I don't need them.

Now that I have serious capital in the game, soon I will put an 'emergency' stop loss like 150 pips away, but even then I've had spikes at London Fixing Time or Short Term News that eventually peter out and are faded, so I don't really see the need.
I have Rescue Percentage Stop Out protection thru the trade copying software and on accounts with big money in them in Sub Accounts.

People just don't want to give credit when a system is working. Or the majority. 250% in 4 months and 850% in 6 months in my mind is awesome.


So you do use SL just during news
But isn't there the highest probability it will be hit as during news price is jumping up and down?

OutsideTheBoxHK
Oct 21 2018 at 06:13
129 posts
Only when I am near my mental stop loss determined by Maximum Favorable Excursion/Maximum Adverse Excursion for my system as calculated / graphed by MyFXBook

Listed at Darwinex or Trade Copying (MQL5, SignalStart). Please vouch for my system. “Learn from your mistakes and do not give up!”
WEI MING MA (wdqwwdq)
Oct 21 2018 at 07:04
10 posts
Mine account is as normal. Any advice would be much appreciated. https://www.myfxbook.com/members/wdqwwdq/forexist/2712892

Mastering Price Action is a beautiful thing.
vontogr (togr)
Oct 22 2018 at 10:58
4862 posts
OutsideTheBoxHK posted:
Only when I am near my mental stop loss determined by Maximum Favorable Excursion/Maximum Adverse Excursion for my system as calculated / graphed by MyFXBook

don't have any idea what does you mean

vontogr (togr)
Oct 22 2018 at 10:59
4862 posts
wdqwwdq posted:
Mine account is as normal. Any advice would be much appreciated. https://www.myfxbook.com/members/wdqwwdq/forexist/2712892


great results but toooo fresh

kieran (snapdragon1970)
Oct 22 2018 at 16:59
1945 posts
wdqwwdq posted:
Mine account is as normal. Any advice would be much appreciated. https://www.myfxbook.com/members/wdqwwdq/forexist/2712892


Just try to avoid those wild swings.

"They mistook leverage with genius".
OutsideTheBoxHK
Oct 23 2018 at 06:50
129 posts
togr posted:
OutsideTheBoxHK posted:
Only when I am near my mental stop loss determined by Maximum Favorable Excursion/Maximum Adverse Excursion for my system as calculated / graphed by MyFXBook

don't have any idea what does you mean


Research MFE/MAE
There is a tab / section for it under 'Advanced Statistics' section on each system's MyFXBook profile.

Listed at Darwinex or Trade Copying (MQL5, SignalStart). Please vouch for my system. “Learn from your mistakes and do not give up!”
vontogr (togr)
Oct 23 2018 at 11:57
4862 posts
OutsideTheBoxHK posted:
togr posted:
OutsideTheBoxHK posted:
Only when I am near my mental stop loss determined by Maximum Favorable Excursion/Maximum Adverse Excursion for my system as calculated / graphed by MyFXBook

don't have any idea what does you mean


Research MFE/MAE
There is a tab / section for it under 'Advanced Statistics' section on each system's MyFXBook profile.


how does MFE/MAE relates to mental stop?
Anyway! You have nice DD vs. profit - that is what does matter.

sjkhaushu
Oct 23 2018 at 14:17
143 posts
ForexAlgoTrading posted:
sjkhaushu posted:
ForexAlgoTrading posted:
I don't want to get into an argument with you but that's the problem with people who have no idea about how trading really works... you see results like this and think it's impossible. Until you learn to keep an open mind, you'll continue to fail and fail.



You were claiming that 100%+ profit and 2% DD were correct stats. You can see now that the DD is 50%+ and the account hasnt been updated for a long time so its possible you already blew it. Even if you did not, it is just a matter of time.

Its ironic that you say other people have no idea how trading really works when you are just a gambler who thinks this system will actually work.😀


Sorry I even bothered sharing this...



So what happened with your account? The last time it was updated was a week ago at a 33% equity DD. If its blown that means it lasted for just over 1.5 months....

OutsideTheBoxHK
Oct 24 2018 at 06:52
129 posts
togr posted:
OutsideTheBoxHK posted:
togr posted:
OutsideTheBoxHK posted:
Only when I am near my mental stop loss determined by Maximum Favorable Excursion/Maximum Adverse Excursion for my system as calculated / graphed by MyFXBook

don't have any idea what does you mean


Research MFE/MAE
There is a tab / section for it under 'Advanced Statistics' section on each system's MyFXBook profile.


how does MFE/MAE relates to mental stop?
Anyway! You have nice DD vs. profit - that is what does matter.


Thanks. I agree
Position mental stop loss at the point when MAE statistically does not return to profitable trade. You can gauge this quite clearly using MFE/MAE

Listed at Darwinex or Trade Copying (MQL5, SignalStart). Please vouch for my system. “Learn from your mistakes and do not give up!”
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