Is it possible to get 30% profit every month?

platin posted:

IXBONE posted:
lol you made my day ;)
-i wrote: 'Using SL is almost the hard way to realize losses' NOT 'using SL is the harder way to trade' - complete different!
-you critcize others
-5 sentences later you confirm psych problems
...many letters wasted

i am happy that you enjoyed my post ;)

what have my problems to do with criticizing? if you following your logic than you couldn't discuss here because you even have a trackrecord to prove you thoughts ;). Arguing with arguments is the way how adults exchange their points of view, nothing wrong with that. As i wrote i am interested from which point of view you are talking.

Knowing the own weaknes is the first step of improvement. Learn from the succsessful not from the ignorant :)

nothing wasted here, its public discussion here others can build their opinions on.

greetings

-funny! i do not sell any system, so i must NOT have a track record!
-successful traders have open minds to integrate new trading technics-only the 'old school' sl only guys will loose in the long!!! run.
-fyi: i trade pure pa since 15 years, no indicators, no lines, nothing- OHLC only!, I was a inflexible SL guy till 2008 too, all my yearly profit was lost in 1 minute. Since i do not use sl anymore only other technics like async hedges, percentage allocations, brownian motion, stochatic processes (financial mathematics) and so on and yes i use different versions of martingale like open, stretched, double stretched, 1-3-2-4 with success too.

cheers

ps: using sl is not the one and only way to manage orders with negative profit, there are many other 'soft' ways to recover open negative trades, using sl is the hard way and realize the loss!

30 posts over the last weeks, 30 trader says 30% is no problem.
30 traders with a 99% dd. crazy

Academic studies may be good in quantum mechanics but not FX

please do not fight, it is not right to fight when we are here to give our point of view and share ideas, some people have a hard time handling their nerves when there is no SL, so that must be respected. I put SL, just in case, but I analize and usually see if a trade does not have chances of pulling back, depends on level of risk, lets say lots ratio versus equity, in example, today you might buy eurusd and for sure if was going up, but you might have a low drawdown, but you could guess the price would eventually go up, so if yopu set a 20 pips SL you might lose a 150-200 pips of profit. It makes more sense to place SL on resuistance an support levels with a bit of margin, that to set a fixed SL or TP, trail stop ruins some operations too. It is about each person individually finding their comfort zone within risk.

my trading style is to wait for trends in the H4 chart then go to the M1 and watch the indicators and price then, if the trend was bullish in the H4 chart I buy when the price is low on the M1 chart. Indicators ADX, RSI(14) RSI(6), CCI(14) CCI(6). with that is working for me. SL an TP are in my mind, no trailing Stop, and I go for a 5 % daily Gain. I check for reversal level for setting SL and closing bad trades. And for calculating risk, If the price is ranging in the H4 chart I look for another Symbol.

My hand make EA make 80% yesterday. 64 000 profit pip, lot size 0.01 and rank 4th total trade(2851) in running contest

https://www.myfxbook.com/members/StingRay/contest-stingray/1335267

Look009 posted:
Academic studies may be good in quantum mechanics but not FX

made my day ;)
Do you have read the study? If yes, copy and paste the authors conclusio, so we can prove you have read the study.
If not, you should not talk about academic studies you have NOT read!
And financial mathematics also learned at universities! Therfor academic studies are right on

IXBONE posted:

Look009 posted:
Academic studies may be good in quantum mechanics but not FX

made my day ;)
Do you have read the study? If yes, copy and paste the authors conclusio, so we can prove you have read the study.
If not, you should not talk about academic studies you have NOT read!
And financial mathematics also learned at universities! Therfor academic studies are right on

Common boy, I have a Phd in Math and I know that's I am speaking about

Look009 posted:

IXBONE posted:

Look009 posted:
Academic studies may be good in quantum mechanics but not FX

made my day ;)
Do you have read the study? If yes, copy and paste the authors conclusio, so we can prove you have read the study.
If not, you should not talk about academic studies you have NOT read!
And financial mathematics also learned at universities! Therfor academic studies are right on

Common boy, I have a Phd in Math and I know that's I am speaking about

for sure, and now i trust you :)
to prove your statement that you have Phd Math: describe the Wiener process, this is easy for real math guys

Marty270472 posted:
30 posts over the last weeks, 30 trader says 30% is no problem.
30 traders with a 99% dd. crazy

made my day :)

IXBONE posted:
-funny! i do not sell any system, so i must NOT have a track record!
-successful traders have open minds to integrate new trading technics-only the 'old school' sl only guys will loose in the long!!! run.
-fyi: i trade pure pa since 15 years, no indicators, no lines, nothing- OHLC only!, I was a inflexible SL guy till 2008 too, all my yearly profit was lost in 1 minute. Since i do not use sl anymore only other technics like async hedges, percentage allocations, brownian motion, stochatic processes (financial mathematics) and so on and yes i use different versions of martingale like open, stretched, double stretched, 1-3-2-4 with success too.

cheers

ps: using sl is not the one and only way to manage orders with negative profit, there are many other 'soft' ways to recover open negative trades, using sl is the hard way and realize the loss!

it seems you mix up money management,trading strategy and trade management.
Loosing years of Profits in 1 minute is not a fault of using a stopploss, its simply overleverage.

I dont want to dismiss your progress and think it is good that you are open minded,
so you might be interested in this:

(its one of the most professional trading plans i found so far)

Anyway my question for trackrecord was aimed that you can proof your claims.

Interesting opinions, always trying to keep an open mind.

I am able to achieve 1% daily growth so I believe it is possible to get 30%/mo with slightly higher risk:)

togr posted:
I am able to achieve 1% daily growth so I believe it is possible to get 30%/mo with slightly higher risk:)

Its possible if you are traded with high patience

GaneshFXAM posted:

togr posted:
I am able to achieve 1% daily growth so I believe it is possible to get 30%/mo with slightly higher risk:)

Its possible if you are traded with high patience

The key is not to be greedy and stick to the plan

Yes, it is possible.

per ora è in demo ... poi sarà in real..... tranquillo guarda e osserva



https://www.myfxbook.com/members/giubar01/we-champions/1342840

Every month? in your dream. But can happen occasionally. Leverage must be high. One cannot do it with 1:1 leverage.
can you manage 30% down month?

Low risk EA

 https://www.myfxbook.com/members/krude/zigzag-low-risk-ea/1353114