first off i blew 2 accounts trying to be a fundamentalist with poor cash management.
then i started again with some demo accounts, which i traded for the best part of a year; trying various systems people suggested on different forums.
the main thing i got from them was learning about all the main indicators.
then i started using two simple indicators (MA+stochastic) which worked for me and developed a plan with 2 rules for entry and 1 rule for exit.
once i thought it would work, i funded my third $1000 account. from that initial account im now up to $350k in working capital in about 18 months.
S&R is coded into pattern explorer for AB Lesm, have you used Pattern Explorer? I think you can view the coding too.
CanOz
that mag would be good if it wasnt 2/3rds advertisements.
at 3500% in 18 months mate you out performed every major fund.
why dont you work for a fund you would be head trader on 2 million+ a year in no time.
I am very impressed also doing that with out taking a 100K lot.......
(by working cap u mean your free cash or what u can trade to?)
WOW
at 3500% in 18 months mate you out performed every major fund.
Its 35,000% isn't it?
Even better than Zangers world record if that's the case
Great effort regardless.
short cable. NOW!
took the eur/usd out with 24
+$2000 in record time.
what caused that? anyone know?
bank of japan playing silly buggars?
if u know someone at a major fund who'd like to pay me 2 mil without a non compete clause let them know where they can find me
i plan to do my own fund once i get some more time under my belt. this last year with the long massive moves might not be sustainable.
oil and commodities going through the roof, then crashing down again.
the yen rising like a cake.
the aussie tanking with commodities.
all these were massive movements which made a lot of money. i dont think thatll happen every year.
i take 100k+ lots, just do it on a mini account (ie 10 mini contracts).
and my working capital i mean my money in the bank. atm i only have $5k in 2 brokers having cleared it all out at the end of the year.
i will run those at higher risk however, knowing i can top them up if i need to. im running my trade loss figures as if theyre 20k accounts, not 5k.
Hmmm.
Spoke to soon.
What started out as very informative for us beginners has become a trading blah blah blog.
I'll start version 2 so you guys have somewhere to chat!
Thanks for the relevent info contributed for us Dummies.
I wasn't expecting an exhibition of Dummy type posts.
No I havent spat the Dummy
norm,
i saw your chart what ma do u use, if u don't mind me asking?
Hmmm.
Spoke to soon.
What started out as very informative for us beginners has become a trading blah blah blog.
I'll start version 2 so you guys have somewhere to chat!
Thanks for the relevent info contributed for us Dummies.
I wasn't expecting an exhibition of Dummy type posts.
No I havent spat the Dummy
every variable i use has to be a fib number.
13.3.5 on the stoch.
55 MA on the graph.
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