just because someone has pointed out the horrendous drawdown, you then proceed to post charts with small drawdowns. You are curve-fitting to the needs of the respondents, rather than saying "hell yea! 65% is what it takes".
Note also the "100% shorts won" or "100% longs won", which shows its an averaging in type of system, which trades only in one direction. Until of course the direction changes.
You are also grabbing small profits. Look at the "profit per trade" column. Its 5.12 pips on your first chart, 1.04 pips on your second, and 1 pip on your last.
Show a chart where the direction changes and you have a mix of buys and sells, so we can gauge the stop-loss you have set when you are gunning for those 1 pippers. assuming you ever take a hit.
nice exercise for Sunday morning.
thanks.
Good Morning Trendi,
First off, thanks for the input..
Second, my entire system runs off the trend, with scalping small pips, with a daily target or so many pips, which, can be set before placing the EA on the chart.
Im not looking to get 300-400-500 pips, I just need a certain amount per day.
100 pips a day is great for my system, and easy to accomplish CONSISTANTLY, day after day. Mixed with compounding profits, and adjusting lots, at certain account amounts.
50 pips is cake, which, was more original plan.. So, do I risk more, and go for 100 pips, or just take the candy at 50 pips,
Trendi, just for your veiwing pleasure, bud, this chart has what you wanted, BUT, it runs the risk factor, to a higher degree, and we want to not have that added risk, but, its possible, just not advisable.. I didnt want to have those lagging trades, cause, I DONT USE A STOPLOSS, and a direction change will drown your account, but USDCHF, is about the only pair, that i can work, OK,..
MONTH 1
50 pips x 5 days a week1= $250 @ .10 balance $500
50 pips x 5 days a week2= $250 @ .10 balance $750
50 pips x 5 days a week3= $250 @ .10 balance $1000
50 pips x 5 days a week4= $250 @ .10 balance $1250
MONTH 2
50 pips x 5 days a week1= $250 @ .10 balance $1500
50 pips x 5 days a week1= $250 @ .10 balance $1750
50 pips x 5 days a week1= $250 @ .10 balance $2000
50 pips x 5 days a week1= $250 @ .10 balance $2250
MONTH 3
50 pips x 5 days a week1= $625 @ .25 balance $2875
50 pips x 5 days a week1= $625 @ .25 balance $3500
50 pips x 5 days a week1= $625 @ .25 balance $4125
50 pips x 5 days a week1= $625 @ .25 balance $4750
MONTH 4
50 pips x 5 days a week1= $1000 @ .25 balance $5375
50 pips x 5 days a week1= $1000 @ .50 balance $6375
50 pips x 5 days a week1= $1000 @ .50 balance $7375
50 pips x 5 days a week1= $1000 @ .50 balance $8375
MONTH 5
50 pips x 5 days a week1= $1000 @ .50 balance $9375
50 pips x 5 days a week1= $1000 @ .50 balance $10,375
50 pips x 5 days a week1= $2500 @ 1.00 balance $12,875
50 pips x 5 days a week1= $2500 @ 1.00 balance $15,375
MONTH 6
50 pips x 5 days a week1= $2500 @ 1.00 balance $17,875
50 pips x 5 days a week1= $2500 @ 1.00 balance $20,375
50 pips x 5 days a week1= $5000 @ 2.00 balance $25,375
50 pips x 5 days a week1= $5000 @ 2.00 balance $29,375
MONTH 7
50 pips x 5 days a week1= $7500 @ 3.00 balance $36,875
50 pips x 5 days a week1= $7500 @ 3.00 balance $44,375
50 pips x 5 days a week1= $10,000 @ 4.00 balance $54,375
50 pips x 5 days a week1= $12,500 @ 5.00 balance $66,875
MONTH 8
50 pips x 5 days a week1= $15,000 @ 6.00 balance $81,875
50 pips x 5 days a week1= $20,000 @ 8.00 balance $101,875
50 pips x 5 days a week1= $25,000 @ 10.00 balance $126,875
50 pips x 5 days a week1= $30,000 @ 12.00 balance $156,875
MONTH 9
50 pips x 5 days a week1= $37,500 @ 15.00 balance $194,375
50 pips x 5 days a week1= $47,500 @ 19.00 balance $241,875
50 pips x 5 days a week1= $60,000 @ 24.00 balance $301,875
50 pips x 5 days a week1= $75,000 @ 30.00 balance $376,875
MONTH 10
50 pips x 5 days a week1= $92,500 @ 37.00 balance $469,375
50 pips x 5 days a week1= $115,000 @ 46.00 balance $584,375
50 pips x 5 days a week1= $145,000 @ 58.00 balance $729,375
50 pips x 5 days a week1= $180,000 @ 72.00 balance $909,375
MONTH 11
50 pips x 5 days a week1= $225,000 @ 90.00 balance $1,134,375
50 pips x 5 days a week1= $275,000 @ 110.00 balance $1,409,375
50 pips x 5 days a week1= $350,000 @ 140.00 balance $1,759,375
50 pips x 5 days a week1= $425,000 @ 170.00 balance $2,184,375
Is it possible, sure, but you have to have the marbles to KEEP WITH THE SYSTEM, and make it happen.
And, this is starting with $250, so your out $250, or you gain a couple million, and thats if you stop at that, when you can carry on, take half your account, and start the process at you account level..
Thanks for the input, look forward to your response..
Great profits to you this week, and take care..
