To use chat, please login.
Back to contacts

Making 15 to 20% profit every month !!!

Korich
Apr 02 2019 at 06:01
10 сообщений
Dobrich posted:
I think such a consistent return can be achieved by algorithmic scalping - numerous trades, day and night, a few pips per trade.
You do realise that 15-20% per month is an abnormally high return, compounded it makes around 700% yearly. And with abnormally high return, comes abnormally high risk!!!

I am personally experimenting with such algoes of my own on M1 timeframe. Instead of using SL, I employ automatic grid-trading to get the position out on profit. However, grid is a dangerous animal where sideways market can ruin you fast, and I have to admit I had to stop my algo once and recover manually.




If you are scalping how do you prevent the spread from the broker taking all your profits in long term. I tried scalping on demo and was fantastic but when i went live I lose all my money

niceGLer
Apr 02 2019 at 06:55
165 сообщений
Muscat posted:
OK, so there are a lot of people say that it is possible. Can someone please explains (in detail) the strategy of HOW you can make 15% - 20 % per month. That is what everyone really wants to know.


I think it is possible manually by staying attached to the screen all the time. Trader sits, and hunts for moves (preferably shorts) in 1H time frame, and bases his actions on that. Currecy pairs in question would be those with lowest spreads, most likely EURUSD or not so often USDJPY.

This allows no other life, family or work. All the time outside of the bed should be scheduled to trading. Then it would be possible.
I was able to stand this for 3 mo's.

I don't know about programming EA's.

togr (togr)
Apr 02 2019 at 07:09
4862 сообщений
niceGLer posted:
Muscat posted:
OK, so there are a lot of people say that it is possible. Can someone please explains (in detail) the strategy of HOW you can make 15% - 20 % per month. That is what everyone really wants to know.


I think it is possible manually by staying attached to the screen all the time. Trader sits, and hunts for moves (preferably shorts) in 1H time frame, and bases his actions on that. Currecy pairs in question would be those with lowest spreads, most likely EURUSD or not so often USDJPY.

This allows no other life, family or work. All the time outside of the bed should be scheduled to trading. Then it would be possible.
I was able to stand this for 3 mo's.

I don't know about programming EA's.


Why don't you share your account with such great results?

Dobrich
Apr 02 2019 at 07:49
6 сообщений
Korich posted:
Dobrich posted:
I think such a consistent return can be achieved by algorithmic scalping - numerous trades, day and night, a few pips per trade.
You do realise that 15-20% per month is an abnormally high return, compounded it makes around 700% yearly. And with abnormally high return, comes abnormally high risk!!!

I am personally experimenting with such algoes of my own on M1 timeframe. Instead of using SL, I employ automatic grid-trading to get the position out on profit. However, grid is a dangerous animal where sideways market can ruin you fast, and I have to admit I had to stop my algo once and recover manually.




If you are scalping how do you prevent the spread from the broker taking all your profits in long term. I tried scalping on demo and was fantastic but when i went live I lose all my money


use an ECN broker and avoid brokers with dealing desks, use VPS with fast connection to the broker's server, avoid trading when spread is high

Amadi
Apr 02 2019 at 08:49
11 сообщений
Which ECN broker do you recommend? I looked into some brokers but the commissions were so high that it was better to trade with a dealing desk broker with 1 pips spread

Dobrich
Apr 02 2019 at 08:51
6 сообщений
togr posted:
Dobrich posted:
I think such a consistent return can be achieved by algorithmic scalping - numerous trades, day and night, a few pips per trade.
You do realise that 15-20% per month is an abnormally high return, compounded it makes around 700% yearly. And with abnormally high return, comes abnormally high risk!!!

I am personally experimenting with such algoes of my own on M1 timeframe. Instead of using SL, I employ automatic grid-trading to get the position out on profit. However, grid is a dangerous animal where sideways market can ruin you fast, and I have to admit I had to stop my algo once and recover manually.



Numerous trades on 1m timeframe would lead to disaster soon or later.


You are completely right. I need to clarify myself: I meant numerous trades throughout the day, but just one trade at a time.

Dobrich
Apr 02 2019 at 12:50
6 сообщений
Amadi posted:
Which ECN broker do you recommend? I looked into some brokers but the commissions were so high that it was better to trade with a dealing desk broker with 1 pips spread


I do not want to recommend, but I can say I've been working with IC Markets for the last 3 months. Find them good for now. But 3 months is a very short period to judge... I haven't had withdrawal request with them i.e. can't judge about it either...
Their commission equates to 0.00007 for a round-turn (less than 1 pip) and if you use a service like PayBackFX you get a cash-back of 0.00002. Effectively your round-turn commission becomes 0.5 pips.

parish
Apr 03 2019 at 01:42
58 сообщений

😀😀😀

i trade to make money not to be right
parish
Apr 03 2019 at 01:46
58 сообщений
Korich posted:
Dobrich posted:
I think such a consistent return can be achieved by algorithmic scalping - numerous trades, day and night, a few pips per trade.
You do realise that 15-20% per month is an abnormally high return, compounded it makes around 700% yearly. And with abnormally high return, comes abnormally high risk!!!

I am personally experimenting with such algoes of my own on M1 timeframe. Instead of using SL, I employ automatic grid-trading to get the position out on profit. However, grid is a dangerous animal where sideways market can ruin you fast, and I have to admit I had to stop my algo once and recover manually.




If you are scalping how do you prevent the spread from the broker taking all your profits in long term. I tried scalping on demo and was fantastic but when i went live I lose all my money


no way you will achieve that with a algo ritme

the only algoritmes that works are the market makers theirs en they

are conected with the direct intrabank data net .

they even dont use fiber cable because to slow transfer of data

en we are connected to a broker ;

en they are then connected to the market makers

so you understand that there is some transfer losses are

the problem with ea is the broker adjust his slipage is data speed etc all to disturb your expert

 en that is easy to do .

or even refuse your withdrawings .

i know peoples like it easy .

but in trading nothing going to happend if you are lazy .

i trade to make money not to be right
nick3232
Apr 03 2019 at 05:37
160 сообщений
possible but for a short period of time and exposing yourself to a high risk of losing it all

Чтобы оставить комментарий, необходимо войти в систему.