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Rag2RichesFX replied Nov 12, 2012thanks, i should have posted X amount of pips per year (6000 or so to be exact), not a % gain.
good to see some people understand liquidity is no issue here$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 12, 2012Here's m1 (posted 1am EST) if you feel like scalping with a 5 pip stop loss when the market is consolidating. This can't be done up to $1 million though as the pip range is too small for a market market. it can be done up to $100k+ though, I'm sure. ...
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012the claim is simply about pips, not liquidity needed to reach $1million with 10x leverage. The liquidity is already there (in EURUSD 1trillion+ a day) If you can make the pips you are set I appreciate the support
lower leverage as you please, ...$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012Hey I appreciate it bud. I still trade my primary account (max of 0.25% risk per day) as its currently still out performing the smaller 3% account cash wise.. I'm just doing this on the side. I do want to list my success but at the same time its ...
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012just realize lack of liquidity isn't a problem until using 10x leverage with millions. making pips is what its all about rules are clear enter on m5 or m15 hidden divergence after a strong move preferably (London and early NY is where most of these ...
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 20123% gain on 160 out of 240 trading days a year (take a few for holidays) would still be 10,000%. You are right, to win every time is almost impossible, but as you see with divergence, to lose is nearly impossible as well. I only lose 2/10 trades. If ...
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012Sigh.. you don't start with 3% on the first trade. That is the total stop loss... I have not posted in a month but i did post a lot before then.. Who says the grid multiplier is 2x? Sure thats the typical martingale but thats moronic as well unless ...
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012you become a market maker once you hit the $2 million point if you are using 10x leverage. Your orders will move the market. Then you start trading the 1 and 4 hour divergences... or accept the 1 pip in slippage and you can still trade the medium ...
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012typo... of course its $10.
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012Ouch. If I would have posted $1000 to $10000 you would not have all been so pissed. It's the nature of the beast because there are some people out there who TRULY believe that it's never been done before. Just like there's people out there who truly ...
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012No indicator my friend, I spot all these manually Well there is in indicator, but its a lot more of a lagging indicator, and it misses about 75% of the divergences, so its not very reliable. Maybe someone out there has built a stronger one, but I ...
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012done with half my day already, will finish it off in London update from earlier chart from 11:55pm EST
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012Market is live, just put the last 12 hours of divergences on this chart (I'm sure I missed some), and we just got a hidden as well on the m5 Will respond to some posts in a few but honestly this thread is meant to help people, so don't be a dick, ...
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012My kind of music. Hour and 1/2 mix video
What kind of music you hear while you trade?
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Rag2RichesFX replied Nov 11, 2012Also, if you could code it so if drawdown = X%, the EA will attempt to close for X% of draw down instead (so i can set to a 1% or 3% loss or whatever, sometimes recovery trades don't make it all the way back to break even or profit) Thanks!!
Need help with an addition to my code
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Rag2RichesFX replied Nov 11, 2012Read signature. Just because you can't do it doesn't mean others can't. Also, the martingale/grid is a modified version. No one is saying take the only $1000 you have (if you only have that much you should not be trading live yet IMO) and try this ...
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 11, 2012I noticed I missed some a few divergences on the chart. Well, nobody is perfect, but there are so many that it really doesn't matter. If you can't find opportunity in this market you are flat out blind!! Only when you are trading 100mil at a time ...
$1000 into $1mil (100,000% per year), stop making trading complicated
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Rag2RichesFX replied Nov 9, 2012hmmm you only have 2 posts and you joined in 2011 i dont know if i trust you :/ why are you only replying to this thread?
Need help coding an advanced modified grid EA