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Marcel Durham
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Marcel Durham
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LUX
in
Trading Systems
Sep 21 at 22:29
Back into consistency discussion, I would like to share also some important points about trading process. Increasing stability and achieving consistent trading is a painstaking process that can take years of work. But if you are looking for answers, then I can give you some tips that will help you achieve the desired result. 1. Trade only with complete confidence in the result of the trade. Believe me, there will be enough random probabilities in the market without your ones. 2. If you start to lose stability, do a trading analysis literally immediately after closing trades. You need to un...
LUX
in
Trading Systems
Sep 20 at 07:16
What about LUX?The LUX trading system showed absolutely outstanding profitability results in 2022. But this year I did some work on the mistakes and brought stability to the forefront. The result I got was a stable 10% per month instead of quite strong fluctuations. For example, I have attached graphs of monthly profitability for 2022 and 2023. Compare how much more confident a stable result looks compared to fluctuations. https://www.myfxbook.com/files/MarcellusLux/1r_TS.jpg
LUX
in
Trading Systems
Sep 20 at 06:58
What is good stability?This is a constant or increasing level of profitability over a period. That is, if the account profitability is 2% per month, every month, for several years, then this is stable profitability. If the monthly profitability of an account ranges from -10% to +20%, then the stability of this account is low. It is important not to confuse profitability and stability. After all, even with great profitability, you can have absolutely no stability and vice versa.The less stability the account has, the more risky and dangerous the trading style is. After all, the likelihood that ...
LUX
in
Trading Systems
Sep 13 at 08:43
I just choose a range of 5-10 instruments and track the possible probabilities. If I see that there are good conditions for opening a trade, then I do a more detailed analysis of a specific pair. Since there are many fewer currencies than combinations of them, it is not difficult to cover a large range if correlation is taken into account.
LUX
in
Trading Systems
Sep 13 at 08:41
no, of course, I follow active instruments and also the trading plan depends on the current market news. I like to trade yen pairs, so eurjpy, gbpjpy, jpyusd are always in the list.
LUX
in
Trading Systems
Sep 08 at 10:24
@Michel_Dubois and you are right about my trading activity, I trade more often on major pairs at the current stage of improvement.
LUX
in
Trading Systems
Sep 08 at 10:19
@Michel_Dubois Because this is probably the most common pair to discuss. I suppose all beginner are most likely trying to trade the eur/usd, and the pros are likely to have eur/usd in their core set of currency pairs.
LUX
in
Trading Systems
Sep 08 at 10:11
No, the range of tools used may include any available tool. It depends on the market situation.
LUX
in
Trading Systems
Sep 07 at 09:34
The EUR/USD is reaching the historical key level of 1.06375, which may stop the current decline and become a turning point for a short-term correction. Also, I would like to mention the marker support at 1.07000, which currently has an impact on the market and if the price level falls below it, then a further fall to 1.06375 will be highly likely.The euro dollar finally broke out of the uptrend, breaking through its support after a short-term rise to 1.09445. The MACD on the daily chart makes it clear that further decline will continue despite the RSI being close to oversold. This and the form...
LUX
in
Trading Systems
Sep 05 at 14:45
Thanks for the offer, but I don't provide coaching. If you are interested, you can follow my thread, there will always be a lot of useful stuff here. I also invite you to join my system.
LUX
in
Trading Systems
Sep 05 at 09:43
In fact despite your losses and a fairly strong drawdown, it was in the past. After this, you managed to create a stable trading system that earned you an additional 160% profit. This is an excellent result. You need to figure out what your key strengths were during this period and use that as a basis.
LUX
in
Trading Systems
Sep 01 at 10:09
cruel joke but I mean it as a compliment 😀
LUX
in
Trading Systems
Aug 30 at 11:21
I would really like to develop more projects as LUX, but taking into account resources I have it will be more profitable to devote time to current project development. Although perhaps when I get tired of trading I will be able to create more for sale, some trading systems for other traders.
LUX
in
Trading Systems
Aug 29 at 09:20
Thank you for sharing your stories about motivation to start trading. I am glad that you are participating in the discussions and I am interested in reading your thoughts. I concluded that trading is a real business model for you. This means that traders who really know their goal and see the way to achieve it have gathered here. I hope that everyone will get the desired result and exceed their expectations. Financial freedom and independence begins with professionalism.
LUX
in
Trading Systems
Aug 25 at 15:51
EUR/USD has finally come to an interesting moment on the border of an uptrend. Strong support still keeps the price inside the channel, but I propose to analyze the situation in more detail.The EMA lines were crossed on the Weekly, Daily, 4-Hour and Hourly charts, which is a strong argument for a break in the trend and a further fall. Also, the MACD on the Weekly chart shows that the current trend is forming with a divergence, which also confirms the option of the price drop below the trend channel. Historical key level 1.06850 will be the most likely level that the price can approach in case ...
LUX
in
Trading Systems
Aug 25 at 15:20
How much are you already trading? What are your results?
LUX
in
Trading Systems
Aug 24 at 16:59
Thank you for supporting this topic, I will publish it soon
LUX
in
Trading Systems
Aug 24 at 16:57
Contact me if you are interested in keeping in touch, but at the moment I have no alternative for US clients
LUX
in
Trading Systems
Aug 24 at 16:54
Thanks for the comments, I'm glad to see the feedback. I noticed your interest in investing. If you have any questions, please contact me:
[email protected]
and also, perhaps you would be interested in a partnership offer
LUX
in
Trading Systems
Aug 23 at 09:26
Yes, you are right, half of the account I manage is my own funds. Firstly, I am a creator and the system I develop and improve is highly important to me. At the moment my creation is LUX and I want to perfect it. Secondly, trading is a special process for me and I enjoy doing it. In addition, account management is also a business in some meaning and I do my job.
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