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- s3 signals replied Jul 16, 2013
I am happy with 4% - 5% a month. I was basically saying that I would risk about 15% of account in drawdown to get 4% a month if results were consistent. I did get my decimal point in the wrong place, but ended up at the same result from a risk ...
- s3 signals replied Jul 16, 2013
Thanks for that TCO. So am I right (approx.) in saying your test showed $10,000 turning into $20,000 in 18 months by risking 0.1% per trade (ie micro lot with 250 pips stop loss on average)? Thanks.
- s3 signals replied Jul 16, 2013
I hope so, his results would then surely be phenomenal!!
- s3 signals replied Jul 16, 2013
Snap, Gary. It seems from TCO's parameters that the best methods generate between 8 and 10 times initial capital balance in 18 months. That, initially, looks phenomenal. However, a quick eyeball test looks like TCO's average stop loss is at least ...
- s3 signals replied Jul 15, 2013
Yes I guess that's what TCO has used; I think ultimately what will really transform already great figures is the stop loss/target optimisation. Also TCO can I ask what percentage you risked per trade or did you use a fixed lot size? Many thanks ...
- s3 signals replied Jul 15, 2013
Fantastic piece of work TCO!! Can I ask what your SL and TP's were for each pair, ie did you use ATR? Also what were your max. number of orders and order delays? Think we've all got some research to do. Cheers!
- s3 signals replied Jul 4, 2013
Happy trading to you too MKFX (or can I call you MK?) I don't know if 'comfort' is the right word but I get your gist. Seems like discussion like ours which may be 'outside the box' strikes the raw nerve of the guys who want to follow a system blind ...
- s3 signals replied Jul 4, 2013
Hi Rexio Nothing wrong with your reasoning at all. I was just trying to keep the debate relevant to the trades MKFXTrader took. I trade the 20/50 EMA trend method and so I don't think MKFXTrader would have taken those longs using that method either, ...
- s3 signals replied Jul 4, 2013
MKFX I don't trade the UJ so wouldn't have looked at this. However, I have attached a chart. On the daily it looks like longs only, although I don't know why the MA ribbon on the hourly shows short positions only as I thought the MA ribbon was ...
- s3 signals replied Jul 4, 2013
Hi Erebus I am a creature of the pullback. I tend not to like initial congestion zone breakouts or the types of break that you point out; prefer to wait for a retrace. Otherwise generally I have found that my stop losses need to be greater, which ...
- s3 signals replied Jul 4, 2013
Rexio Looking at EURUSD I had a sell on 27 June @ 1.3053 and another on 1 July @ 1.3051 (assuming 2 sells max per pair which I might yet change). I have closed one trade and moved stop down on the other. Individual targets were 1.2853 and 1.2851 ...
- s3 signals replied Jul 4, 2013
Thanks for your reply. I have attached my chart of GBPAUD. Using 20/50 EMA to determine trend, I have been only taking long trades for a while. Two trade opportunities in the chart, both made 2.5 times risk, in this case 275 pips each risking 110 ...
- s3 signals replied Jul 4, 2013
I am still plugging away at experimenting with taking trades at the xsupertrend line, the lower line in an uptrend and the upper line in a downtrend (probably discussed about 10 pages back?). I am not a programmer and I wonder if anyone can help me ...
- s3 signals replied Jul 3, 2013
Cheers, Turtlefan. Good luck to you, but I think, like me, you believe in making your own luck.
- s3 signals replied Jul 3, 2013
Turtlefan You wrote the above last week. Can I ask what percentage you risk per trade, your overall return and how many times you have closed the basket at 3% in the two months? I am still trialling taking signals at the supertrend line; seems to be ...
- s3 signals replied Jul 1, 2013
Thanks for your reply, turtlefan. Can I ask what percentage of capital you risk on each trade? I think by closing at 3% this might have a major positive impact on your results (could be very relevant for all of us), so could I ask how many times ...
- s3 signals replied Jun 30, 2013
Good points, turtlefan, well reasoned and compelling. Can I ask you what you risk per trade and what your return has been to compare against your drawdown figures? Generally, I agree with the principle - if it ain't broke, don't fix it. Personally, ...
- s3 signals replied Jun 29, 2013
Superb piece of work. Indeed, a work of art.
- s3 signals replied Jun 29, 2013
I still think you would have missed 2 of the 3 winning trades in June if you waited for the line to be breached. However, on the flip side, the first loss would have been avoided and replaced with a win. So still better to be buying at the line I ...
- s3 signals replied Jun 29, 2013
Erebus Sorry, forgot to add that 2 out of the 3 winning trades in June would have been missed if you waited for a breach of the supertrend line. In contrast, you might have escaped one of the losses. The bounce from the supertrend line tends to give ...