Posts by hannahis365

Excellent work. Keep it up.

A friend of my taught me about this concept of maximizing your capital returns. And I thought it is such a "revolutionary" idea. Imagine you have $50,000 capital and you want to risk only 10% (i.e. $5k). So instead of depositing $50k into your broker's account, you open a $5k account instead. And manage your risk management of this $5k about 70% or 80% (which is lesser than your original 10% of your $50k capital). The advantage is, 1) you don't need to let the other 90% of your capital laying around, "doing nothing", 2) You face lesser risk of losing your capital in event that your broker went bust and get to keep the rest of your 90% of your capital safely in your bank. Because I'm using this concept of maximising my capital return, that's is why you will see that my $5k account faced huge DD but eventually it means the same to me, I'm only risking 10% of my $50k capital.

Glad you are trading now on your own. Your withdrawal was timely indeed.

"less is more sometimes" - it is true, when you have less pips you need more risk (increase lot size) to get your concept of less is more.

A solid strategy that can't produce many pips but rely on lot size to boost income? I'm not saying it is not profitable. I'm evaluating how their systems derive it's profit. There are basically two types of systems, pips driven or risk (lot size) driven. It's up to investors' discretion to decide which types system suit them.

Likewise a trader with good pips count don't need to rely on increasing his risk factor/lot allocation to bring in the gain. He is able to multiply his success over and over again by capturing every possible market opportunities. Hence, has a lower DD rate as a result.

Why PIPS COUNT IS SO IMPORTANT? 1. No Pip, No Profit (as simple as that) 2. Lot Allocation as the other alternative. Besides pips count, Traders use lot allocation to maximise the return per pip count 3. Pips count reflect Trader's ability to read a market well. A trader's skill is measured by his ability to "read" the market conditions and turn every opportunity into pips gain, thus increase his pips count. 4. One way out. When trader has limited ability to capture as much pips as possible given a period of time, he is left with the only option, that is to increase risk/lot allocation to maximize his returns and thus putting his portfolio/investors into greater risk. 5. Poor ability to read market conditions = Poor Trade execution. Since his ability to read the market conditions is limited, so is his "judgement" in every possible trade made. Thus higher probability of executing bad trades. 6. Bad Trades = Higher DD. Thus we often see that Traders with low pips count tend to have higher DD. Conclusion - Pips count is one of the best criteria to measure one's trading ability. It highlight the trader's good market judgement to turning every possible trade into wining pips without having to rely extensively on higher lot allocation to boost overall gain. Once you know the pips count of the trader. The rest is as easy as multiplication, i.e. mulitiply your lot size according to your risk appetite. (eg. 0.01, 0.1 or 1 std lot size).

If you look at NHC portfolio, they achieve very low pips count. That mean they aren't able to capture as many pips as potentially available and it's profit/performance is derived via higher lot allocation ie risk rather then capability.

Kindly DO NOT WRITE to me and ask me to give my EA away. I don't entertain such email request. Imagine, after many years of hard work, someone write to you (a stranger) and ask you to share your wealth with him, will you? Neither will I give away my trade secret just because someone is in need of a winning formula. Kindly, put in the hard work to learn how to trade in order to be successful in forex. If anyone don't have time to learn, then engage other people to trade on your behalf. Win-Win situation. You earn money and the person is paid for his/her hard work. Do have some respect to people who put in years of sweat and hard work to come out with good EA. Don't write in and simply ask me to give away my EA just like that.

check me out

Sorry I couldn't reply early...you managed to resolve the issue?

Hi you can email me at [email protected]

Impressive performance

Hi you can check mine at http://www.myfxbook.com/members/hannahis365