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Arnold49 replied Jul 27, 2011Have you considered keeping the lot size constant? Allowing 10% gain, it would take ten trades instead of nine to double your money but as the account increased you could afford a bigger stoploss in pips. For example on a £1000 account by the fifth ...
95% winners live test
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Arnold49 replied Jul 26, 2011Hi, Cubby As this thread is in the journal section you are not obligated to tell anyone your system & I for one quite enjoy trying to work it out for myself (more clues please!). As for what it's worth? well you might want to consider the fact that ...
95% winners live test
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Arnold49 replied Jul 25, 2011I guess this has something to do with NY open? as the trades are around that time, or is that just a coincidence?
95% winners live test
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Arnold49 replied Jul 25, 2011Blueassets, you can do this at 43% per month with increasing lot sizes as your account grows. Still a tall order though.
From $300 to $1000; and from $1000 to $1m or over! Possible?
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Arnold49 replied Jul 22, 2011Chart — I'm letting this one run because looking at the daily It may have far to go image
SECRET Trading System
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Arnold49 replied Jul 19, 2011Eur/Cad H4 lining up for a buy. my AU closed for 15 more pips than target by using 13EMA but EU closed for 10 pips, sometimes it's a bit of a double edged sword.
SECRET Trading System
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Arnold49 replied Jul 19, 2011Pippy, do you find the semafor indicator slows your pc?
SECRET Trading System
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Arnold49 replied Jul 15, 2011Current trade — Hi, H4 aud/usd trade going well, got in a little early, as you can see SL is following the 13 EMA thanks again for putting me onto this method. image
SECRET Trading System
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Arnold49 replied Jul 15, 2011Thanks — Thanks for opening this thread Pippypuppy, I had seen the 123 pattern before, but never tried using it. I will rectify that oversight. On the subject of exits, I too have spent many hours testing various methods & what I found worked ...
SECRET Trading System
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Arnold49 replied Jul 9, 2011Hi Forexhard, any chance you could advise on how you decide on your TP? is it fixed or variable? It would help with backtesting. thanks.
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Arnold49 replied Jul 8, 2011No, I took profit at 40 pips. I generally don't like using breakeven as it tends to be a double edged sword, the no. of times I've stopped out at B/E only to have the trade continue onto hit TP.
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Arnold49 replied Jul 8, 2011I'll get back to you, BTW i'm still in the E/C trade, but now at breakeven.
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Arnold49 replied Jul 8, 2011Forexhard, I have to ask, what do we do if a trade hits stoploss? currently I open a trade in the opposite direction but what do you do with continual reversals?
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