- Search Metals Mine
-
courtneywild replied Jan 23, 2012Marlin Man... Just a thought on your post. Apart from the basket trades... are you adding to the bottom two pairs? Just wondered. I use the basket for indication and increase the equity by adding trades and controling DD. Cheers.
Pitbull Trader with Position Building
-
courtneywild replied Jan 23, 2012Right on the money, happy to tip 42 for best part of 3000. LOL.
Pitbull Trader with Position Building
-
courtneywild replied Jan 23, 2012Round up... Closed all positions (half day for me - leave ahead of the game). Results week 4 day one. +4.73% Month since 3rd Jan +59.05% Net profit $3049 Start Equity $5167 Today $8216 Early strong long trend. Finding the: A-samir- ...
Pitbull Trader with Position Building
-
courtneywild replied Jan 23, 2012Esprit... really good article... thank you.
Pitbull Trader with Position Building
-
courtneywild replied Jan 23, 2012Hi John, Over the trading period the basket (marketing costs for my business) have resulted in +$265.12 -$307.35 net -£42.23 As long as my ROI on my sales (trades) is decent I am prepared to pay the $42 (even more if needs be as the ROI is good ...
Pitbull Trader with Position Building
-
courtneywild replied Jan 20, 2012Closed all trades and basket for W/E Equity 7980 +54.4% Gross profit 5463 Net profit £2805 Slightly slower week but overall not bad from 3rd Jan No stop loss used. No charting. The main point for me is i did not give my account to the Br'ker... ! ...
Pitbull Trader with Position Building
-
courtneywild replied Jan 20, 2012i find that because i close .05 and open .10 it catches up much quicker and reduces dd without the need to employ riskier lot sizes .40 .50 infact i no longer open .40 or .50 as .10 provides me with sufficient equity growth (keeping the greed ...
Pitbull Trader with Position Building
-
courtneywild replied Jan 20, 2012Thanks for that, thats very interesting. Act bal +53% and the maximum DD i have experienced is 7.9% with this system. Sticking to the very core basics. Basket 0.01 trades 0.10. If my 0.10 trades go to far in DD I first close out 0.05 then hedge with ...
Pitbull Trader with Position Building
-
courtneywild replied Jan 19, 2012Chips Whats your view on the 14 pair basket please. My account still stands at 50% increase since 3rd Jan... Learning not to overtrade... is my key. Thanks. PS a by the way, I find the: A samir Universal pitbull indi very handy with this system. ...
Pitbull Trader with Position Building
-
courtneywild replied Jan 17, 2012Mike Are you still finding UpFX ok,... I am on demo with them and its good compared to others i've tried. No re Qs ...ever! Thanks
UPfx broker discussion
-
courtneywild replied Jan 17, 2012Chips Thanks you for all your work and leading the way. I'm looking forward to what's you have planned for coming next. Hopefully I'm not a highjacker. This method has been a revelation to me and I'm glad I waded through BJs valuable information and ...
Pitbull Trader with Position Building
-
courtneywild replied Jan 16, 2012I don't always hedge the top two pairs. I wait and let them run. I may hedge at some point to freeze but prefer to build on the sales and manage DD that way. If top two run away I will consider hedge, reduce lot (close portion) or leave it cycle.
Pitbull Trader with Position Building
-
courtneywild replied Jan 16, 2012Bonjour Angel. This is my take on things... Remember the opening trades are there for indication only. I am not interested in how much profit/loss each 0.01 trade makes. In fact at .01 they can move in large pip numbers yet profit/loss is pretty ...
Pitbull Trader with Position Building
-
courtneywild replied Jan 16, 2012Good advice from Chips re exposure limits. I use an overall 15%. If you apply the profit tracker indi (previously posted) it gives you an ongoing % value profit or DD. Makes life easier. I don’t close any of the indicator trades when I place a new ...
Pitbull Trader with Position Building
-
courtneywild replied Jan 14, 2012Sdooo1 Thanks for the interesting post and perspective. Re the randomness, I do see how this looks random, yet when I trade the basket I don’t feel it is random. I trade the strong pair mostly and the second pair. If a pair enters DD I do my best to ...
Pitbull Trader with Position Building
-
courtneywild replied Jan 14, 2012Tommbstone Here's the original by dreamliner url post #63 . Cheers.
Pitbull Trader with Position Building