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Leprechaun (100% Risk) (Od forex_trader_16031)
Uživatel odstranil tento systém.
Leprechaun (100% Risk) diskuse
Členem od Nov 18, 2009
708 příspěvků
Aug 17, 2010 at 09:14
(Upravené Aug 17, 2010 at 09:15)
Equity 100%, no open losers. Avg holding time less than 2 hrs, I'd say he found the pot of gold at the end of the rainbow. Good going. Or am I missing something? :)
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
forex_trader_16031
Členem od Jul 30, 2010
23 příspěvků
Aug 17, 2010 at 09:16
I think you are right :)
Členem od Nov 18, 2009
708 příspěvků
Aug 17, 2010 at 09:34
(Upravené Aug 17, 2010 at 09:36)
18 trades in july, 9 in august so far. Looks like it's one trade a day - it sure keeps the bailiff away.
I have a sneaking suspicion there's a little bit of hedging and fixed time trading involved, but 2 months and a few dozen trades are not enough for me to come to any conslusions other than the visible hard facts - it's going fine and making profits. Keep it up.
I have a sneaking suspicion there's a little bit of hedging and fixed time trading involved, but 2 months and a few dozen trades are not enough for me to come to any conslusions other than the visible hard facts - it's going fine and making profits. Keep it up.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Členem od Apr 20, 2010
808 příspěvků
Aug 17, 2010 at 09:35
Is your risk setting MM will increase the lot size over times ? You are combining EA and manual trade together ?
Do you need to babysitter the market all the time? Or only perform routine monitoring or is no fix time schedule?
Good start of high gain high risk with $500. So supposedly this setting should be use on how much capital ?
Do you need to babysitter the market all the time? Or only perform routine monitoring or is no fix time schedule?
Good start of high gain high risk with $500. So supposedly this setting should be use on how much capital ?
Information is Gold when come to organised.
Členem od Nov 18, 2009
708 příspěvků
Aug 18, 2010 at 05:14
Yes you can! If they are placed at the same time of day.
This would explain why history is hidden - would be obvious how to copy trades.
Maybe this little mischief trades volatility with buy/sell (limit?) order pairs.
This would explain why history is hidden - would be obvious how to copy trades.
Maybe this little mischief trades volatility with buy/sell (limit?) order pairs.
stevetrade posted:
You can replicate a system with some hard work - depending on the system. You can't copy the trades.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
forex_trader_16031
Členem od Jul 30, 2010
23 příspěvků
Aug 18, 2010 at 06:47
Speki,
it is actualy one or two trades per day, this month conditions are very bad, so number of trades is very small. There is no hedging.
DoubleTrap,
Yes, MM will increase the lot size over times, maximum lot size on this account is 10. Yes, we are combining EA with our hands. You have to watch the market sometimes, but in most of the cases EA will do the job. This setting should not be used, this is 100% risk, and in normal trading such risk is unacceptable.
it is actualy one or two trades per day, this month conditions are very bad, so number of trades is very small. There is no hedging.
DoubleTrap,
Yes, MM will increase the lot size over times, maximum lot size on this account is 10. Yes, we are combining EA with our hands. You have to watch the market sometimes, but in most of the cases EA will do the job. This setting should not be used, this is 100% risk, and in normal trading such risk is unacceptable.
forex_trader_16031
Členem od Jul 30, 2010
23 příspěvků
Aug 18, 2010 at 13:11
PAMM was created for small investors. PM me for details if you are interested.
forex_trader_16031
Členem od Jul 30, 2010
23 příspěvků
Aug 18, 2010 at 17:23
Alpari NDD testing account starting today with 1k. Let's see how it goes.
forex_trader_16031
Členem od Jul 30, 2010
23 příspěvků
Aug 24, 2010 at 09:31
Testing is going realy well, account is less profitable then with Fx-Trend, but Alpari is more reputable and well known, so PAMM account with them will go public in 5-7 days time. Anyone is welcome to join :)
Členem od Oct 28, 2009
1409 příspěvků
Aug 24, 2010 at 09:55
Are you considering releasing this in some other format as well?
Asian scalpers are all well and good but I consider them as an addition to a day trading strategy. Tieing up your capital in an account that only trades during a low liquidity session just doesn't make sense when you can make your money work 24 hours.
Asian scalpers are all well and good but I consider them as an addition to a day trading strategy. Tieing up your capital in an account that only trades during a low liquidity session just doesn't make sense when you can make your money work 24 hours.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forex_trader_16031
Členem od Jul 30, 2010
23 příspěvků
Aug 24, 2010 at 10:06
Hey Steve!
What do you mean by other format?
Scalper is taking targets by 3-5-10 pips and holding positions in less then 5 minutes, our targets are at least 20-30 pips, if market is bad, we can close our trade with minimum profit of 3-6 pips and holding time is much bigger then 5-10 minutes and this is not scalping. This month is flat, and even with that, system was able to give us profit.
What do you mean by other format?
Scalper is taking targets by 3-5-10 pips and holding positions in less then 5 minutes, our targets are at least 20-30 pips, if market is bad, we can close our trade with minimum profit of 3-6 pips and holding time is much bigger then 5-10 minutes and this is not scalping. This month is flat, and even with that, system was able to give us profit.
Členem od Oct 28, 2009
1409 příspěvků
Aug 24, 2010 at 10:13
I mean in something other than a managed account. If somebody opens a managed account with you then they can no longer trade their own capital.
Some traders trade a day strategy during London/New York and then additionally trade something during the Asian session. That way your money is working as hard as it can do.
Some traders trade a day strategy during London/New York and then additionally trade something during the Asian session. That way your money is working as hard as it can do.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forex_trader_16031
Členem od Jul 30, 2010
23 příspěvků
Aug 24, 2010 at 10:19
Well, it is up to them :)
Členem od Oct 28, 2009
1409 příspěvků
Aug 24, 2010 at 10:23
I mean let's examine what Leprechaun really does when you aren't risking 100% of your equity on each trade.
For the Medium risk system you risk 20% per trade, which is still way, way too high for most investors and you are generating a 30% return per month risking 20%.
At the most I would risk 5% equity on an Asian scalper system. So a quick scaling down shows me that Leprechaun would make about 7.5% per month with a 5% risk.
Which although a nice return is not really making your money work as hard as possible. However add it on to a nice day trading strategy that could return say 20% and you're starting to get somewhere.
For the Medium risk system you risk 20% per trade, which is still way, way too high for most investors and you are generating a 30% return per month risking 20%.
At the most I would risk 5% equity on an Asian scalper system. So a quick scaling down shows me that Leprechaun would make about 7.5% per month with a 5% risk.
Which although a nice return is not really making your money work as hard as possible. However add it on to a nice day trading strategy that could return say 20% and you're starting to get somewhere.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forex_trader_16031
Členem od Jul 30, 2010
23 příspěvků
Aug 24, 2010 at 10:46
Id does not matter what risk you play, with 5% risk you can make 40-60% in some months, so your statement is wrong :) We are here not to prove something to someone, this system is trading for years with 10-20-30% risk settings, and there was only one stop loss so far. But you are right, day trading is better, but also risky like any trading on this planet :)
Členem od Oct 28, 2009
1409 příspěvků
Aug 24, 2010 at 11:00
Connect the system that's been trading for years please.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forex_trader_16031
Členem od Jul 30, 2010
23 příspěvků
Aug 24, 2010 at 11:08
And why should we? Just to prove something to someone? I know where this topic is going, and I think we will stop answering :) Good luck to all of you truth seekers.
Členem od Oct 28, 2009
1409 příspěvků
Aug 24, 2010 at 11:13
It's known as marketing as opposed to unsubstantiated claims.
As this is an EA, I'm guessing it was an MT4 account.
So if you had a system that was performing for years successfully then why would you not connect that system in order to demonstrate it's potency?
:)
As this is an EA, I'm guessing it was an MT4 account.
So if you had a system that was performing for years successfully then why would you not connect that system in order to demonstrate it's potency?
:)
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forex_trader_16031
Členem od Jul 30, 2010
23 příspěvků
Aug 24, 2010 at 11:21
So we are liers then, and you can call us SCAM, as most of topics here. Good luck, it is just not worth it :) We wil leave our accounts running on this site, and hopefully they will all be stoped out :)
Členem od Oct 28, 2009
1409 příspěvků
Aug 24, 2010 at 11:27
I didn't call you anything. I'm simply asking questions.
It's called "due diligence" which every investor should do before parting with their hard earned money.
It's called "due diligence" which every investor should do before parting with their hard earned money.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
