DoubleJayFX trader's profile
DoubleJayFX
Info
| Name | DoubleJayFX |
Bio:
I started studying Forex trading around April 2017, which was only discovered because of someone else's misfortune. My first book was read during this time, and I was hooked from that moment on. I still enjoy reading and watching YouTube related to Forex. I've come a long way from the beginning, and my view on trading has changed considerably.
My goal is to work for a prop firm, and I'll also be starting a website for those who are looking for more. I believe in transparency, which most out there seem to be lacking.
My goal is to work for a prop firm, and I'll also be starting a website for those who are looking for more. I believe in transparency, which most out there seem to be lacking.
Trading style:
My current interests are hedging and scalping, and I will be using different strategies that would complement this.
Motto:
"If somebody offers you an amazing opportunity but you are not sure you can do it, say yes – then learn how to do it later!"- Richard Branson
| Experience | 1-3 years |
| Location |
| Vouchers | 0 |
| Registered | Jun 24, 2019 at 14:12 |
| Blocked users | 0 |
in DoubleJayFX feed
Sep 21 at 13:08
in DoubleJayFX feed
Feb 15, 2022 at 23:37
in DoubleJayFX feed
Dec 15, 2019 at 19:39
Chart
Systems by DoubleJayFX
| Name | Gain | Drawdown | Pips | Trading | Leverage | Type |
|---|---|---|---|---|---|---|
| Forex123 | 0.17% | 0.91% | 258.4 | Manual | 1:50 | Demo |
| JayFXtrade | 0.77% | 0.50% | 12.0 | Manual | 1:50 | Demo |
| Supermarket FX - Hedge Trial | -99.54% | 99.84% | -534.9 | Manual | 1:500 | Demo |
| Step 2 - Test 1 | -1.48% | 1.52% | -595.1 | Automated | 1:100 | Demo |
| Step 2 - Test 2 | -1.04% | 2.33% | -340.5 | Automated | 1:100 | Demo |
| Step 2 - Test 3 | -0.72% | 1.17% | -320.3 | Automated | 1:100 | Demo |
| Step 2 - Test 4 | -1.09% | 1.21% | -371.1 | Automated | 1:100 | Demo |
| Step 2 - Test 5 | -1.48% | 1.88% | -545.9 | Automated | 1:100 | Demo |
| Step 2 - Test 6 | -1.17% | 1.32% | -503.5 | Automated | 1:100 | Demo |
in A tool that shows historical spread during past news events
Sep 21 at 14:15
DoubleJayFX
Sep 21 at 13:08
Right now, I'm currently running a significant test. My goal is to automate my strategies and remove as much discretion as possible from my trading. My testing is currently 69 Expert Advisors running on 1 MetaTrader. From those EAs, I will be selecting the top performers to use going forward. Everything is connected to myfxbook and FX Blue.
DoubleJayFX
Feb 15, 2022 at 23:37
I've currently started a few new strategies that I want you to know about. There are some changes in my strategy pattern, which should be fine. Now, here is a list of my newest strategies:
- Hedging
- Scalping
These 2 methods are showing some promising results. Hedging will be short-term, usually lasting that day or a few days at most. Scalping will usually be no more than a few hours.
- Hedging
- Scalping
These 2 methods are showing some promising results. Hedging will be short-term, usually lasting that day or a few days at most. Scalping will usually be no more than a few hours.
DoubleJayFX
Dec 15, 2019 at 19:39
Risk management seems to big one of the biggest problems with traders. I would suggest never going over 1% per trade, and using a ratio of 1:2 for Risk/Reward. Following this method will more likely give you a profitable return, or you can choose to gamble your account with heavy drawdowns. The choice is yours, but choose wisely.
DoubleJayFX
Aug 09, 2019 at 21:04
I'll be using an appropriate amount of risk to minimize loses, and to avoid large drops in the account. My maximum drawdown target will be 4%. This doesn't leave a lot of flexibility, but I feel is the appropriate action to remove any volatility from the account.
