scalping monster (By friedcatfish)

The user has deleted this strategy.

scalping monster Discussion

Jan 01, 2013 at 15:53
1,331 Views
15 Replies
Member Since Dec 15, 2010   795 posts
Jan 10, 2013 at 19:48
This looks GREAT! 3 pips TP and 6% per trade. amazing......
Click on my Name to see My Live Charts and Bio.
Member Since Dec 04, 2012   241 posts
Jan 10, 2013 at 21:20
Very good job. He is compounding like crazy. I pray you don't hit a losing streak.
Member Since Dec 04, 2012   241 posts
Jan 10, 2013 at 23:21
Now that I look back at your trades. Something is very fishy here. ; ?
Member Since Dec 15, 2010   795 posts
Jan 11, 2013 at 05:08
It might be a optimized back test. Some people know how to post it to a live chart. Still great results.
Click on my Name to see My Live Charts and Bio.
Member Since Dec 04, 2012   241 posts
Jan 11, 2013 at 12:33
Back testing which is theoretical trading, and live trading aren't the same my friend.
Member Since Jan 01, 2013   14 posts
Jan 11, 2013 at 12:33
@Professor53 thank you, and you are right -with small optimization a bad EA will have a good b/t result-
@AmberLynn thank you, i am learner
Member Since Jan 09, 2013   5 posts
Jan 12, 2013 at 17:44
10 lots with $ 500 😭
Member Since Dec 04, 2012   241 posts
Jan 14, 2013 at 16:49
kayserili posted:
10 lots with $ 500 😭

 Where do you see that my friend?
Member Since Jan 09, 2013   5 posts
Jan 14, 2013 at 19:59
you started with $ 500
and your first position:
 01.02.2012 00:03 01.02.2012 00:25 GBPUSD Buy 10.00 1.54050 1.55080 1.55050 1.55080 3.0 30.00 22m

is it ?
Member Since Jan 09, 2013   5 posts
Jan 14, 2013 at 20:00
your money management is so so so BAD ! ! !
because, you use s/l for 100 pips but after 52 pips your account is BOOMMM 😲
Member Since Jan 01, 2013   14 posts
Jan 14, 2013 at 20:01
kayserili posted:
10 lots with $ 500 😭

With leverage 1:500 and lotsizing 10000 that is possible...

@AmberLynn see: https://www.myfxbook.com/members/friedcatfish/learn2trade/457082

but this account is dis-continued because my old PC is -dead- as its VGA card and some ICs are burning so I bought new PC today and unfortunnely all my account datas are gone..

Will made other one with other currency pairs..

My starting balance is always $500 as I'm not a rich guy so if i got this amount of money will created new real account, perhaps next year 🙄
Member Since Dec 04, 2012   241 posts
Jan 14, 2013 at 20:12
friedcatfish posted:
kayserili posted:
10 lots with $ 500 😭

With leverage 1:500 and lotsizing 10000 that is possible...

@AmberLynn see: https://www.myfxbook.com/members/friedcatfish/learn2trade/457082

but this account is dis-continued because my old PC is -dead- as its VGA card and some ICs are burning so I bought new PC today and unfortunnely all my account datas are gone..

Will made other one with other currency pairs..

My starting balance is always $500 as I'm not a rich guy so if i got this amount of money will created new real account, perhaps next year 🙄

 I am sorry Friedcatfish. There is no way possible that if you started with 500usd and a leverage of 500:1 that you could buy 10 lots. Think about it. 10 LOTS means your making 100 usd per point. Which means with a 5 point loss you would margin call. You would only be able to do that with 2000:1 leverage or HIGHER. :) That is why I said something was fishy about these stats.
Member Since Dec 04, 2012   241 posts
Jan 14, 2013 at 20:13
You can verify it here.

https://www.exness.com/tools/calculator
Member Since Jan 01, 2013   14 posts
Jan 15, 2013 at 07:06
@AmberLynn ,

I'm using instaforex and their are offer 10000 base currency for 1 lots instead of 100000 base currency for 1 lots as another broker so they are very good for traders money management.


See: https://www.instaforex.com/specifications.php

So at instaforex 1 lot but it is equal with 0.1 lot at market lots, 10 lot instaforex it same with 1 lot market lots, and so on.

In demos their are offer up to 1:500 leverage but at real up to 1:1000 for account less than 1000 USD

If you see I'm opening 10 lots at instaforex, you should find it as 1 lots at exness.

I'm sorry I'm not using Exness as my EA's did not work well at their environment.
Member Since Jan 01, 2013   14 posts
Jan 15, 2013 at 07:06
kayserili posted:
you started with $ 500
and your first position:
 01.02.2012 00:03 01.02.2012 00:25 GBPUSD Buy 10.00 1.54050 1.55080 1.55050 1.55080 3.0 30.00 22m

is it ?

yes, you read it

kayserili posted:
your money management is so so so BAD ! ! !
because, you use s/l for 100 pips but after 52 pips your account is BOOMMM 😲

You right but I'm sorry I'm looking for money so I will do anything for it and withdraw it when I think it is quite enough for me; maybe 100% than I will withdraw it, got another 100% profit withdraw it again, again, again every month 😇
My demos goal is for train my trading intuition into the edge
Member Since Dec 04, 2012   241 posts
Jan 15, 2013 at 11:01
friedcatfish posted:
@AmberLynn ,

I'm using instaforex and their are offer 10000 base currency for 1 lots instead of 100000 base currency for 1 lots as another broker so they are very good for traders money management.


See: https://www.instaforex.com/specifications.php

So at instaforex 1 lot but it is equal with 0.1 lot at market lots, 10 lot instaforex it same with 1 lot market lots, and so on.

In demos their are offer up to 1:500 leverage but at real up to 1:1000 for account less than 1000 USD

If you see I'm opening 10 lots at instaforex, you should find it as 1 lots at exness.

I'm sorry I'm not using Exness as my EA's did not work well at their environment.

 Ok I see. Thank you for taking the time to explain it to me. :) Best to withdraw everything you have profitted, since your system is so good. ;)
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