English is not my first language, excuse my bad language… previously I had numerous post here : http://www.trade2win.com/boards/trading-journals/154412-easy-money-cointoss.html
http://www.trade2win.com/boards/trading-journals/154920-easy-money-2-labouchere.html
http://www.trade2win.com/boards/trading-journals/162940-easy-money-chapter-2-a.html
some of the people here laughed at me previously, all thread seems quiet, but im still trading, now in this new thread im about to reveal my strategy after make some modification. I will spoon feed you with everything, theres nothing to hide here. The purpose here is helping newbie to get on their feet very quickly, either you are experienced or young/old, all is welcomed. Lets begin,
Trading concept :
- Short term trading
- Uses random result to make market entry decision
- Martingale lot size
The idea of this trading concept is you would like to take the guessing game out of the picture and make your market decision as random as possible/obfuscate the market. And yes, there are ppl in the market will trade against you because they are also looking after your money, so just to be safe, lets assume trader in the market will always behave like that. You have to remember, this strategy is considered short term, which means you do not target massive pips, it will be explained later. But overall understandings you need to know is short term trading usually does not require market prediction where it would go in the future, you only have to predict where the price would go at the meantime or by the end of the day. This made things a lot simpler and eventually you can throw lots of hardwork and effort out of the window, and starts making money as long as you follow the rules.
You can enter the market any time as long as market is open, there is no need to wait and hunt for best possible edge, all of us has been taught this way and apparently that’s why 90% of the trader lose money. So I decided to reverse the idea, where there is no such thing as the best timing or position, market is whatever the market is. If your position is going the opposite way everytime you enter, its your fault. It is undeniable you will have some losing /drawdown period, now here comes the money management part, if you able to manage your losses you are already half way to success. The market is very simple, it is either can going up or down at a time. If the market going nowhere, you will continue to hold the position until it hits your level.
Now here comes the money part, you do not have to care if your current position has taken a loss. You will continue to trade/enter the market. And with martingale lot size, for those who don’t understand, martingale is a betting strategies which the gambler double his bet after every loss. So that the first win would recover all previous losses plus win a profit to the original stake. There are many ppl who often misunderstood, martingale is definite way to lose money, most of the ppl thought for eg: you will continue to bet short (sell) if ur previous losing position is short too and expect market price would turn around and goes into your favor. This is wrong and where most of the people have mistaken, because as I said in the above key point previously, we are using random decision to decide market entry. You do not hunt for best possible edge, market is whatever the market is. Thus, your position sometimes will have sequence like buy, buy, buy, sell, buy,… sell,sell,buy,buy, … buy,sell,buy,sell.. all of it is random. The beauty of this method is where you only need to spend 5mins per day and are guaranteed able to follow the world’s top trader position once in a while, you do not have to know them, or pay anyone. Some people spent all the time and money working hard to predict the market, and you don’t have to do that, there is only 2 outcome which is buy or sell. Once your position is in profit, you go back to the first sequence which is betting with smallest lot. Just keep repeat the sequence once your position hit takeprofit.
How to do it?
- Look for any broker which has nano lot size and highest leverage. Like ICMarkets, Hotforex
- Choose highest available leverage and $1000 starting capital
- Download this generator http://www.trade2win.com/boards/trading-journals/162940-easy-money-chapter-2-a.html#post2029882
- Trade EUR/USD only because it is the most traded pair and minimal market manipulation
- Open the number generator and press 1 then enter, a number will be generated
- Enter the number in this calculator http://calculator.tutorvista.com/integer-calculator.html#
- If it is odd, you sell. If it is even, you buy.
- You can enter anytime as long as market open, don’t bother with news. I even hold the position through weekend
- Always set takeprofit and stoploss level 50 pips, nothing more nothing less.
- Suppose if my current position take a stoploss, I will go back to generator and gets another number and use the calculator to calculate market decision. Then enter with double lot size than previous (martingale sequence, 0.01, 0.02, 0.04, 0.08 etc..)
- I made between 0% - 10% every month.
Live Result – Real Money
- For those who don’t believe I can make money, here is the live result
- http://www.myfxbook.com/members/ahtee84/martingaleinvest/737375
- http://www.myfxbook.com/members/ahtee84/closed-eurusd/707082 (acc closed moved to hotforex)
- http://www.myfxbook.com/members/ahtee84/old-eurusd-fxfund/723895 (acc closed also moved all the money to hotforex)
I know many people will ask, how long I have been trading this way.. ive traded live account 4 year plus, but in between looked up all the strategy, testing, etc..never made much money. This particular martingale would be been running around 1 year plus, and also in between also adjusting the lot size, so you might see drawdown.. after changing the lot size, the return is more consistent now.
Why I am doing this?
There is no secret at all in this strategy, I spoon feed you everything with what im doing so far and just sharing the result. There is no fear I might lose money or whatever if many people using the same method as I do, because as I said we are using random generated decision, you might short position..i might be long, but overall what makes money is more important. Another issue is also timing, which I only enter market if im sitting in front of computer, I went out and all depends on your personal lifestyle and when you come back, random generated decision will make the trade. So there is no conflict if im making money out from you or we are the same, no it wont.
One of my approach or view about the market, you have to remember market does not care about you. Always remember risk the money you can afford to lose. I also ultimately believe competition is unhealthy, we are all living at the same planet there is no reason why we have to play some sort of economy game to define someone as winner or loser, to achieve great civilization we need cooperation, not otherwise. life is just too short trying to focus on competition, we needed more cooperation and helping each other to make this world a better place.
Forward test
I have created a live demo test account, you can download hotforex mt4 and login with my read-only password to check my position everyday
Broker : Hotforex
Login : 610170
Password : w7jnymw
Server : HFMarkets-Demo Server
http://www.trade2win.com/boards/trading-journals/154920-easy-money-2-labouchere.html
http://www.trade2win.com/boards/trading-journals/162940-easy-money-chapter-2-a.html
some of the people here laughed at me previously, all thread seems quiet, but im still trading, now in this new thread im about to reveal my strategy after make some modification. I will spoon feed you with everything, theres nothing to hide here. The purpose here is helping newbie to get on their feet very quickly, either you are experienced or young/old, all is welcomed. Lets begin,
Trading concept :
- Short term trading
- Uses random result to make market entry decision
- Martingale lot size
The idea of this trading concept is you would like to take the guessing game out of the picture and make your market decision as random as possible/obfuscate the market. And yes, there are ppl in the market will trade against you because they are also looking after your money, so just to be safe, lets assume trader in the market will always behave like that. You have to remember, this strategy is considered short term, which means you do not target massive pips, it will be explained later. But overall understandings you need to know is short term trading usually does not require market prediction where it would go in the future, you only have to predict where the price would go at the meantime or by the end of the day. This made things a lot simpler and eventually you can throw lots of hardwork and effort out of the window, and starts making money as long as you follow the rules.
You can enter the market any time as long as market is open, there is no need to wait and hunt for best possible edge, all of us has been taught this way and apparently that’s why 90% of the trader lose money. So I decided to reverse the idea, where there is no such thing as the best timing or position, market is whatever the market is. If your position is going the opposite way everytime you enter, its your fault. It is undeniable you will have some losing /drawdown period, now here comes the money management part, if you able to manage your losses you are already half way to success. The market is very simple, it is either can going up or down at a time. If the market going nowhere, you will continue to hold the position until it hits your level.
Now here comes the money part, you do not have to care if your current position has taken a loss. You will continue to trade/enter the market. And with martingale lot size, for those who don’t understand, martingale is a betting strategies which the gambler double his bet after every loss. So that the first win would recover all previous losses plus win a profit to the original stake. There are many ppl who often misunderstood, martingale is definite way to lose money, most of the ppl thought for eg: you will continue to bet short (sell) if ur previous losing position is short too and expect market price would turn around and goes into your favor. This is wrong and where most of the people have mistaken, because as I said in the above key point previously, we are using random decision to decide market entry. You do not hunt for best possible edge, market is whatever the market is. Thus, your position sometimes will have sequence like buy, buy, buy, sell, buy,… sell,sell,buy,buy, … buy,sell,buy,sell.. all of it is random. The beauty of this method is where you only need to spend 5mins per day and are guaranteed able to follow the world’s top trader position once in a while, you do not have to know them, or pay anyone. Some people spent all the time and money working hard to predict the market, and you don’t have to do that, there is only 2 outcome which is buy or sell. Once your position is in profit, you go back to the first sequence which is betting with smallest lot. Just keep repeat the sequence once your position hit takeprofit.
How to do it?
- Look for any broker which has nano lot size and highest leverage. Like ICMarkets, Hotforex
- Choose highest available leverage and $1000 starting capital
- Download this generator http://www.trade2win.com/boards/trading-journals/162940-easy-money-chapter-2-a.html#post2029882
- Trade EUR/USD only because it is the most traded pair and minimal market manipulation
- Open the number generator and press 1 then enter, a number will be generated
- Enter the number in this calculator http://calculator.tutorvista.com/integer-calculator.html#
- If it is odd, you sell. If it is even, you buy.
- You can enter anytime as long as market open, don’t bother with news. I even hold the position through weekend
- Always set takeprofit and stoploss level 50 pips, nothing more nothing less.
- Suppose if my current position take a stoploss, I will go back to generator and gets another number and use the calculator to calculate market decision. Then enter with double lot size than previous (martingale sequence, 0.01, 0.02, 0.04, 0.08 etc..)
- I made between 0% - 10% every month.
Live Result – Real Money
- For those who don’t believe I can make money, here is the live result
- http://www.myfxbook.com/members/ahtee84/martingaleinvest/737375
- http://www.myfxbook.com/members/ahtee84/closed-eurusd/707082 (acc closed moved to hotforex)
- http://www.myfxbook.com/members/ahtee84/old-eurusd-fxfund/723895 (acc closed also moved all the money to hotforex)
I know many people will ask, how long I have been trading this way.. ive traded live account 4 year plus, but in between looked up all the strategy, testing, etc..never made much money. This particular martingale would be been running around 1 year plus, and also in between also adjusting the lot size, so you might see drawdown.. after changing the lot size, the return is more consistent now.
Why I am doing this?
There is no secret at all in this strategy, I spoon feed you everything with what im doing so far and just sharing the result. There is no fear I might lose money or whatever if many people using the same method as I do, because as I said we are using random generated decision, you might short position..i might be long, but overall what makes money is more important. Another issue is also timing, which I only enter market if im sitting in front of computer, I went out and all depends on your personal lifestyle and when you come back, random generated decision will make the trade. So there is no conflict if im making money out from you or we are the same, no it wont.
One of my approach or view about the market, you have to remember market does not care about you. Always remember risk the money you can afford to lose. I also ultimately believe competition is unhealthy, we are all living at the same planet there is no reason why we have to play some sort of economy game to define someone as winner or loser, to achieve great civilization we need cooperation, not otherwise. life is just too short trying to focus on competition, we needed more cooperation and helping each other to make this world a better place.
Forward test
I have created a live demo test account, you can download hotforex mt4 and login with my read-only password to check my position everyday
Broker : Hotforex
Login : 610170
Password : w7jnymw
Server : HFMarkets-Demo Server
