Darren's Manual Account Discussion

Hi;

Just so everyone knows, I dont offer a managed account service or signals at this time.

Thankyou

Darren

Outstanding performance!
 
to tell u the truth, i cant believe u are trading all this pairs manually with such a high success rate ....🙄

Just waiting for the swings 😉


BTW ProFX signal indicator helps and with the use of a 50MA for conformation.

have u ever tried to automate your trading approach? I traded manually my first 3 years til i was near a nervous break down...

to catch all these shown trades u have to stare at countless charts 24/5 LOL

ProFX signal indicator? Is it the Heiken Ashi smoothed one?

No i havent though have tried hundreds of bots with little success.

I have a few simple rules I have learnt over the short time I have traded and some of them are this:

Every trade I put in I make sure that im not going against a currency which is close to its 1 year historical high/low.
Every trade I put in I make sure I will have enough to cover if it not only goes against me, but on the worst case senario, it goes back all the way to (and a decent amount past) its historical high/low. I just ride out the storm.

Some of my trades don't close for 4-5 weeks later, but they do eventually close out for a small profit as I tighten my TP.

If I go against a trade which is close to a historical high/low and it goes the wrong way than expected, I will just hedge it, riding it the opposite direction until it returns.

Sounds simple enough I think and am testing this for at least 6 months before I am happy with my system, but for now I am pleased 😄

BTW I do like to look at dailey forcasts from a few websites to help me feel relaxed with my trades.

Sorry I didnt answer your question. The ProFX I use is from https://www.forexeasystems.com though I just tried to load that site and there is an error

I don't doubt your trading skills, obviously u know what u doing😎. I m just concerned how long u can sit and wait for the entries on the long run...

Yea I do sometimes spend way to much time looking at charts lol

I know what u are going through... that's why i asked about automation your strategy

The provided link doesn't work anymore.. do u mind to point me to another direction or to share a pic to see the indicator?

I must complement on beautiful growth graph and accuracy of trades.

Keep up the great job.

Wonderfull stats but your equity scares me darren.gudluck.

I find allot of people use the profx system in there trading. System is made by the guys who made the sharkEA. Also stientz fractal system hits the same triggers. But profx has a better exit strategy and can be used for higher time frames. As the other uses 15m. I got a day job, so that does not work. What's nice is profx can email trade alerts when setups come into play. Just google it. You will find it.

Yea I broke my own rules a month ago and thanks to Greece and a few others joining their bad lead my euro trades have gone into a large drawdown. I have learnt my lesson and hope to trade out of it *crossing fingers*

4 bad trades and everything looks bad 😞

With open trades hidden it's impossible to tell the real extent of the damage waiting to happen on this account.

Decided to take a big hit today at the peak of a consolidation to get this account back on track