LUX Discussion

MarcellusLux posted:
@Michel_Dubois Because this is probably the most common pair to discuss. I suppose all beginner are most likely trying to trade the eur/usd, and the pros are likely to have eur/usd in their core set of currency pairs.

Yes, it is. I really agree with you. I suppose that you`re just waiting for something important with this pair. That`s why you focused attention on it.

Michel_Dubois posted:

MarcellusLux posted:
@Michel_Dubois Because this is probably the most common pair to discuss. I suppose all beginner are most likely trying to trade the eur/usd, and the pros are likely to have eur/usd in their core set of currency pairs.

Yes, it is. I really agree with you. I suppose that you`re just waiting for something important with this pair. That`s why you focused attention on it.

There are no important or unimportant moments in the market. Everything is important and everything matters.

DenverRRR posted:

ChaKie posted:

Michel_Dubois posted:

ChaKie posted:

MarcellusLux posted:

ChaKie posted:

MarcellusLux posted:

AnnMeer posted:

MarcellusLux posted:
I would also like to share my simple reason, maybe it will inspire someone to post.
I started in 2009, several people I knew already had good results and I was also interested and was wondering if I could succeed in this and make a profit.
Naturally, then I did not expect that my trading would become a huge project with consistent profit.

Thanks for sharing your story. But why are you trading now? I mean that you have a huge trading account, you have money and you are probably a successful person. It seems that your goals have already been achieved.

Yes, you are right, half of the account I manage is my own funds. Firstly, I am a creator and the system I develop and improve is highly important to me. At the moment my creation is LUX and I want to perfect it. Secondly, trading is a special process for me and I enjoy doing it.
In addition, account management is also a business in some meaning and I do my job.

I wish my trading was as easy as yours😁😁

How much are you already trading? What are your results?

Not so good as yours😄
I have been trading for 3 years without profit. I started with 25000 capital, then went down to 9200 and now I was able to return to 24000 again. It cost me many hours of work and effort. It's good that this is not my only income.

I join the surprise that you managed to earn +14800. Is this for 3 years??? Good result, considering the initial deposit.

It took me 2 years to make a profit, the rest of the time before that I traded at a loss

I hope you understand and correct your mistakes dude.

Yes, I am constantly working on mistakes. But this is the market - sometimes it doesn’t care and, contrary to all forecasts, goes in the other direction. But I believe in success :)

Raven1209 posted:

Michel_Dubois posted:

MarcellusLux posted:
@Michel_Dubois Because this is probably the most common pair to discuss. I suppose all beginner are most likely trying to trade the eur/usd, and the pros are likely to have eur/usd in their core set of currency pairs.

Yes, it is. I really agree with you. I suppose that you`re just waiting for something important with this pair. That`s why you focused attention on it.

There are no important or unimportant moments in the market. Everything is important and everything matters.

I dont know what do you mean. I just want to say Marcellus may see something that I dont.

Michel_Dubois posted:

Raven1209 posted:

Michel_Dubois posted:

MarcellusLux posted:
@Michel_Dubois Because this is probably the most common pair to discuss. I suppose all beginner are most likely trying to trade the eur/usd, and the pros are likely to have eur/usd in their core set of currency pairs.

Yes, it is. I really agree with you. I suppose that you`re just waiting for something important with this pair. That`s why you focused attention on it.

There are no important or unimportant moments in the market. Everything is important and everything matters.

I dont know what do you mean. I just want to say Marcellus may see something that I dont.

I'm saying that even 'unimportant' moments can have an impact. It's about being prepared for anything.

Michel_Dubois posted:

Raven1209 posted:

Michel_Dubois posted:

MarcellusLux posted:
@Michel_Dubois Because this is probably the most common pair to discuss. I suppose all beginner are most likely trying to trade the eur/usd, and the pros are likely to have eur/usd in their core set of currency pairs.

Yes, it is. I really agree with you. I suppose that you`re just waiting for something important with this pair. That`s why you focused attention on it.

There are no important or unimportant moments in the market. Everything is important and everything matters.

I dont know what do you mean. I just want to say Marcellus may see something that I dont.

Oh he sees the profit. lol.

@MarcellusLux I was looking at the deals here and noticed that recent months have shown very good stability. Is this an accident or not? Thx.

Oh there are no accidents. 😉😉

What is good stability?
This is a constant or increasing level of profitability over a period. That is, if the account profitability is 2% per month, every month, for several years, then this is stable profitability. If the monthly profitability of an account ranges from -10% to +20%, then the stability of this account is low. It is important not to confuse profitability and stability. After all, even with great profitability, you can have absolutely no stability and vice versa.
The less stability the account has, the more risky and dangerous the trading style is. After all, the likelihood that a profit will be made in the next period is quite low, while a stable account is more likely to receive the same profitability as in previous periods.
Of course, the market makes its own adjustments and imbalances, which will affect stability. The task that a trader faces is to neutralize risks and balance the trading system.

What about LUX?
The LUX trading system showed absolutely outstanding profitability results in 2022. But this year I did some work on the mistakes and brought stability to the forefront. The result I got was a stable 10% per month instead of quite strong fluctuations. For example, I have attached graphs of monthly profitability for 2022 and 2023. Compare how much more confident a stable result looks compared to fluctuations.

Oh I would say the stability over a long period of time indicates reliability.

MarcellusLux posted:

Raven1209 posted:
@MarcellusLux Hello. Are you trading on major only?

No, the range of tools used may include any available tool. It depends on the market situation.

For example, I am a trader with an average result; it is enough for me not to have large losses. I like to be outside the hype, everyone is trading in the majors and it turns me off.

crcrcr654 posted:
Thanks @MarcellusLux .
Also Ima wondering how ya thinking. Can you tell the example where yall not using stop loss. Cause its not needed in some cases.

I am against stop-losses, but on rare occasions I use them to take my mind off the computer and relax. Stop loss is like self-programming:)

starryvoyager posted:

crcrcr654 posted:
Thanks @MarcellusLux .
Also Ima wondering how ya thinking. Can you tell the example where yall not using stop loss. Cause its not needed in some cases.

I am against stop-losses, but on rare occasions I use them to take my mind off the computer and relax. Stop loss is like self-programming:)

But at the majors there is more stability.

Back into consistency discussion, I would like to share also some important points about trading process.

Increasing stability and achieving consistent trading is a painstaking process that can take years of work. But if you are looking for answers, then I can give you some tips that will help you achieve the desired result.

   1. Trade only with complete confidence in the result of the trade. Believe me, there will be enough random probabilities in the market without your ones.
   2. If you start to lose stability, do a trading analysis literally immediately after closing trades. You need to understand the root cause of your mistakes.
   3. Don’t give in to excitement and don’t try to immediately achieve a stable profit of 25% per month. This will most likely result in losses, even if the short-term result is successful. Your task is to achieve maximum consistency in profits, regardless of its size.
   4. If you managed to get a stable profit of at least 1-2% per month, then begin to improve your trading system, look for new approaches to determining entry points, while strictly controlling your consistency.