DislikedMelpheos & Boxing,
Which broker do you guys use for the live account? Looking for a relaible one.Ignored
Spread is higher than some other broker but swap is the highest in the market i think and paid definitely in time
Would it be too much trouble to pay me back my $20,000, my sexy darling? 646 replies
Make Trading Sexy 174 replies
Bringing The Sexy Back To CCI 15 replies
The sexy stochastic indicator 19 replies
DislikedMelpheos & Boxing,
Which broker do you guys use for the live account? Looking for a relaible one.Ignored
Dislikedhey, who knows
edit : up 10 pips btw, it had to go down
There was so many opportunities today to make money that i can't see how one can lose money such a day ^^
Closed @ +23 it's getting late, it's friday, i'm on holiday with a good profit, sun is shining, my wife is preparing dinner (japanese omlet rice ^^ )Ignored
Disliked15 pips is not enought anyway for GBP pair (except gbpeur)
1:500 leverage doesn't tell me the lot size you were using. What was your lot size ? What was your starting account value ?
So tell me exactly what you'v done step by step with screenshot if possible (otherwise give me the hour of the trade and exact position taken )Ignored
Dislikedubaidahsan
ur trading 500:1 which is very dangerous and 0.10 is too big for 42$
u should be trading 0.01 and slowly working ur way up
the more money u have in ur account the more money u will make
so dont expect to make a fortune out of 42$ its difficult
it sounds like ur a new trader so either trade 0.01 lots or put more money in ur account but i really suggest going back to demo for a few months. forex is not an easy game and u cant just expect to make money that easy. its not magic.
it took me 4+ years to start making some money.
as for my system well i suggest u go back and read the whole thread again. i posted at least 50-60 examples throughout the whole thread and those are enough to teach u what the best trades are. melpheos made a guide and posted alot of very useful info so check out the links under his posts.
im just tryin to help u but i can only help u so much and melpheos can only help u so much.Ignored
DislikedI am a definite newbie to Forex, I have been reviewing this system and would like to suggest adding another Stochastic under this one with the settings of %K 140, %D 4, slowing to 1. Under the Levels tab add a 50 line. When the lines cross the 50 line, either going up or down then time to consider, I have been using just this indicator with good success. The lower the time frame (TF) the more pips it can yield because of the earlier entry but higher risk. Please back test this and you will see good entry points, and some not so good. On good 1 or 2 day moves the exit becomes the 50 line again. The indicator will pin itself either to the top or the bottom indicating the trend is strong. Been tested that a 30 pip trailing stop can be close to the same as the 50 line exit. The tricky part is always the entry. I can see using these two together might swing the probability a little more our way. If anyone wants pictures I can post some if the understanding needs to be clarified. I believe this system can swing the probability towards the positive side even more. Any thoughts would be appreciated.Ignored
DislikedHello DTFX. Let me ask you what would this add to this method? I don't understand after all the indicators we have to use with the method how were you thinking this could help? On entry? On exit? I would be interested in screenshots of your charts pointing out how this could confirm entries or exits etc....Sure appreciate industrious minds always trying to improve our trading.
Much thanks to Boxing and Meph for your great work
Thanks
Greg DIgnored
DislikedHello DTFX. Let me ask you what would this add to this method? I don't understand after all the indicators we have to use with the method how were you thinking this could help? On entry? On exit? I would be interested in screenshots of your charts pointing out how this could confirm entries or exits etc....Sure appreciate industrious minds always trying to improve our trading.
Much thanks to Boxing and Meph for your great work
Thanks
Greg DIgnored
QuoteDislikedubaidahsan
ur trading 500:1 which is very dangerous and 0.10 is too big for 42$
u should be trading 0.01 and slowly working ur way up
the more money u have in ur account the more money u will make
so dont expect to make a fortune out of 42$ its difficult
it sounds like ur a new trader so either trade 0.01 lots or put more money in ur account but i really suggest going back to demo for a few months. forex is not an easy game and u cant just expect to make money that easy. its not magic.
it took me 4+ years to start making some money.
as for my system well i suggest u go back and read the whole thread again. i posted at least 50-60 examples throughout the whole thread and those are enough to teach u what the best trades are. melpheos made a guide and posted alot of very useful info so check out the links under his posts.
im just tryin to help u but i can only help u so much and melpheos can only help u so much.
Dislikedi plus what said here...
well i though your account was much bigger than 42$ lol. According to your post, it seems like you had lost a lot of money.
With such a small account you should start with ONE .01 position and that would allready allow you only 20 pips SL to keep a 5% max/trade as a loss (which is allready high )
Even for .01 lot you should put more money on your account.
As for the template, i have posted several different template on this topic, click on the attach sign next to the topic title, it will give you several template to choose
for template anyway, i think it's best to make your own because it will be yours and your eyes will accustom to it more easily
Final word, i'm ok to help but i think Boxen, me and other have allready post a lot of hint to trade this strategy properly so please read all the post (i know there is a lot of post but would you beleive me if i tell you that when i started i spent around 3-4 month demoing and spending around 50 hours/week - with a job taking allready 40h/week - just looking at the charts )
Trading is a very consuming job at first (it get better with time but really, at first, spent a lot of time watching the charts )Ignored
Dislikedthanks for all of you and sir boxingislife i respect you and melopheos both and reading your all posts and reach on 70th page till now. before that i was using demo account since last month and when i start read your thread so i started to get success in my demo forex account so i decide to start it lively when i am making good profit in demo so i initially put 40 and thought from Monday will put more and start as a professional but when i got that loss so i am worried and i know its not a easy thing its not easy as all newbies think but i am different i get all info and then i go ahead and when i get control in demo then i start but i didn't know that its totally changed in live but what i can do when in forexegypt no option to take position from 0.01 .
so please advice now i decide to do more practice and want to do trade with this balance which i have now becuase i think if i do practice in demo and work live also so it will provide me good experince so please advice me and please advice me that from now what strategy i need to apply in this situation??and happy to see that you all are helping me so please advice me and safe me and give me a chance to become a professonal trader... i know practice makes man perfect...so please guide me too and i will read all thread today.but please advice me..
regards,
UbaidahsanIgnored
DislikedFirst advice => DEMO ACCOUNT MORE !!!
2nd advice => DEMO ACCOUNT MORE !!!
3rd advice => Did you though about using a DEMO ACCOUNT ?
How long have you been demoing ?
Also, how can you think about trading as a professional when you still have to learn money management, patience, dedication and a lot of other thing...
You have made the first step, that is blowing an account. Now, for you to no blow a 2nd account, you need to work more on demo and in particular using a demo account that has the same amount of money you will REALLY start with...
Also look this sub forum : http://www.forexfactory.com/forumdisplay.php?f=104
It's a very good sub forum about stochIgnored
DislikedI have made some backtest but all it seems to do is remove a lot of very profitable trade... Also the slope of the 140 stoch is most all the time the same as the 50% slope.
But anyway, everyone has to find it's own setup
I beleive my setup is totally different than boxen setup and other ppl using this strategy. In my setup, i'm mixing different strategy with sexy stoch as a main strategy, the other being more visual confirmation than pure trading strategy.
I have replaced the nonlagma by standard heiken ashi and added linuxtroll wave but also modified (i have 2 setup one for downtrend and one for uptrend )Ignored
Dislikedwhy this thread is slow now??
didn't get any replay for my last post...hope soon will get replay...
Regards,
UbaidIgnored