GJscalper ' s Posts - lapu 9

Ic_Markets in Tirdzniecības sistēmas Sep 16, 2016 at 04:03

The reality is people are more attracted to an account growing slowly than quickly. So since I have been able to grow these accounts quickly, it should be easy to do it slowly. :) Let us see in about 5 weeks how far we were able to get.

Ic_Markets in Tirdzniecības sistēmas Sep 15, 2016 at 21:36

Hello everyone..... Here is my goal for this account.... Starting tomorrow 9/16/2016 I will be aiming for 3% daily profit, and compounding the profit using 100% of my account each day. Here is what the account will look like by the end of September.http://www.myfxbook.com/files/GJscalper/mysettings.PNGhttp://www.myfxbook.com/files/GJscalper/mysettings1.PNGhttp://www.myfxbook.com/files/GJscalper/mysettings2.PNGhttp://www.myfxbook.com/files/GJscalper/mysettings3.PNG----------------------------------------------------------------------------------

Martingale Money Management and the TPS method in Pieredzējuši treideri Sep 15, 2016 at 11:41

The reality is the way you drew it up (As far as only waiting for the order which wins 100% of the times) would actually work, but the issue is you would be wasting a ton of trades leading up to that position. Not to mention all the hours which would be required to baby sit your EA waiting for that one market condition to occur. Most of my profit come from the 2nd and 3rd order with the 4th order appearing maybe once a week. Simply look at the trade history of the accounts and you will see exactly what it is I am referring to. My purpose in trading is to make OVERALL profit daily and not jus...

Are you blocked in discussion groups....?!!! Please come here and tell us..! in Galvenais Sep 15, 2016 at 06:45

You post more than you trade. I currently have 5 REAL accounts for a total of over 40k usd. How about you? A ton of accounts on your profile with over 95% of them not being updated in over 6 months. Post less and trade more.

Martingale Money Management and the TPS method in Pieredzējuši treideri Sep 15, 2016 at 06:44

What I will do from now on with all 5 accounts is use max dd of 3% What you will notice is if I am risking 3% the winning order will be of the same amount. As in the picture which I shared with you of the fibs, being that the distance of the sl and tp are the same, then what you risk is what the reward will be. Most people have a r:r of 1:1 but once they start heading into red, they remove their sl and the R:R becomes way higher. I on the other hand always keep it the same. So risk 10% to make 10%.

Martingale Money Management and the TPS method in Pieredzējuši treideri Sep 15, 2016 at 06:33

Hello Victor. As mentioned previously, my "edge" is of not encountering more than 3 straight losses. So basically if I have 3 straight losses, the 4th order WILL (based on my EDGE) to be the winner running right to the tp. Most of the people who have a martingale based system, don't have an edge. So what that leads to is bias trading in which after every x amount of pips loss, they double down. Which is why martingale has gotten a bad rap, because the people who use it don't use it under the right circumstances.

TickMill in Tirdzniecības sistēmas Sep 14, 2016 at 11:12

The lot size will depend on the person using it. I can decide to have a max drawdown of 3% and the only thing that will change will be the lot sizes of the 4 orders. The system remains exactly the same.

XM 227 in Tirdzniecības sistēmas Sep 14, 2016 at 06:37

Amazing how when you go live your accounts go down! 😇😂

The Beast!!! in Tirdzniecības sistēmas Sep 14, 2016 at 06:36

Lmaooooooooooooo Nice job my friend! You should post less and trade more!

Martingale Money Management and the TPS method in Pieredzējuši treideri Sep 14, 2016 at 06:19

I have created this thread to spark a conversation about Martingale Money Management and how it can be used effectively with a system which has a high probability of not experiencing x amount of losses. Most of us who "social trade" have seen many post in regards to the dangers of Martingale. So much so, that Martingale is has been give a negative label. However, martingale is nothing more than a Money Management tool, rather than a system which so many people claim it to be. Before getting into the TPS method, I would like to challenge you to keep an open mind and not use "t...

TickMill in Tirdzniecības sistēmas Sep 14, 2016 at 00:23

Thank you rob. I am doing this for #TeamMartingale

@GJscalper in Tirdzniecības sistēmas Sep 14, 2016 at 00:22

My pleasure. Hopefully this weekend I will share a video which reveals everything. So stay tuned to this thread in order to get the link to the video ok. :)

@GJscalper in Tirdzniecības sistēmas Sep 13, 2016 at 21:39

Hello Suttos. In one of the other threads which is linked to my account, I explain how the entries and stop loss is given.... It also shows how the EA sets the stop losses and tp which always happen to be fix.

TickMill in Tirdzniecības sistēmas Sep 13, 2016 at 16:14

Clearly I am using "martingale money management" in order to seriously underweight the losses. However, simply reversing the orders and entering larger lot sizes isn't all that is done in order to get the results which you have pointed out. The over all "trick" to making this work would be a traders "expectancy" of how many consecutive losses he/she will encounter. I've traded long enough using the tick charts to know that the same exact formations which is revealed there, is revealed on the monthly tf. So what I decided to do about 4 months back is create...

TickMill in Tirdzniecības sistēmas Sep 13, 2016 at 15:07

I understand perfectly what it is you are saying. However, I just don't like people jumping into threads as he always does and leave comments which aren't productive. Instead opening the chart and looking at the trades and making some sort of analytical critic, either good or bad, he rather say what he said and it comes off as being rather childish.

TickMill in Tirdzniecības sistēmas Sep 13, 2016 at 11:31

I understand. You can continue repeating your self like a broken record. However you may want to go post some place else and actually place some trades with in your accounts. Ohhhhhh.... I have noticed almost 95% of your accounts have not been updated in more than 5 months. That says a lot about you and your trading. Go run along and play now trollster. The big boys are trading in live accounts right now.

@GJscalper in Tirdzniecības sistēmas Sep 13, 2016 at 09:36

The trick to understand how social networking works is ignoring the negative comments. Infinity Fx was a major troll of mine over at forexfactory and after having my membership revoked, he has now made his way over here to troll some more. Over at FF look up the username Tim_isoara you will see it is the same trollster, with nothing productive to post. All of a sudden I have been associated with a person who I don't know and has nothing to do at all with trading. I guess I have the ability to pump and dump currency prices in order to get the results which I have in all the accounts list...

TickMill in Tirdzniecības sistēmas Sep 13, 2016 at 07:29

One can evaluate anything no matter the amount of "time" which has passed. Sadly tgor, you should spend more time trading, than posting here at myfxbook. You are looking a bit like a troll.

TickMill in Tirdzniecības sistēmas Sep 12, 2016 at 18:10

Account moving up nicely.If I get this account to 2k than I will place a withdrawal.

Fx_Pro in Tirdzniecības sistēmas Sep 12, 2016 at 18:08

Everyone. This is a new account which has been given me to manage. I have given it a custom start date to indicate the time in which I began trading the account. Please note that this account will only trade USD/JPY and EUR/JPY as GBP/JPY for fxpro has way to high of a spread. My goal is to get this account back to BE before months end.

EURUSD	1.13217	GBPUSD	1.33254	AUDUSD	0.6405
USDJPY	143.034	USDCAD	1.37861	USDCHF	0.8262

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