ProFx 7 | M5 | Discussion

Hi Auto.

>>>How to copy all trades from this M5 account?

Simple join the Telegram group. At the moment we post all M30 trades and selected M5 trades. This will be expanded as soon we have enough feedback from the beta testers how easy it is to copy and execute rapid trades.

>>>And why you keep trades history private?

I enjoy to share ProFx 7 setups and write about trading principles what helped me and my collogue to become consistent traders, I do it on my own terms and when I have time. However, I do not wish to write lengthy explanations to strangers who would like to know why I took entered trade x at price y and not at price z.

Clients can see exact entries in the group, there is a dedicated section in the forum where users can discuss trades and we often share our thought process in the Telegram group.

I hope this helps.
Alexander

 

Somebody asked me how it can be that there are not much losing days. The answer is simple:

There are losing trades and losing days but the ProFx position managements makes sure they do not get out of hand. Here is a good example from today. I placed 6 trades on my personal account (Telegram account is doing fine) and all of them ended up negative. The damage -26 pips. That means one trade with follow through momentum or 2 normal trades and i will be back where i started.




The lesson here?

You cannot control how far the price will run but you can control how much you will lose when you are wrong. 😄

Please look at the chart. Would you have seen this setup?

Here is a follow up chart how the trade worked out. If you pay attention to just GBPUSD and EURUSD, you will find the same setup at least 1-2 times every week.

They are reliable and you always have a defined risk.

When you trade with ProFx or any other system, focus on the next trade and don't try to hit home runs. Singles add up.

More of the same. 😄

Higher low followed by another higher low ....followed by another higher low.
Long based on software signal and price action shortly before London open. 90% of position closed. Tiny position left with SL @ break even.

M5 follow up chart.

I have never been able to use such high leverage.

Thanks for sharing the system. I would like to get forex signals to make profits.