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Duellatorus review by Eric Alyea

Discussion in 'Intensive Reviews of Forex Products and Companies' started by Eric Alyea, Jan 23, 2010.

  1. jcris522

    jcris522 Duellatorus Representative

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    Statements Are Here

    Here are our live trading statements as promised. This is an account with REAL money that Corbin and I manage for a client. We split the account in half as per our money management principles, the same ones we teach in our courses. I have not been able to focus on my part of the account until this week so my account is only up ten percent and that pales in comparison to what Corbin did. I will be posting both of our statements next month, however. I will continue to post statements each month so you can see the progress. One question to ask anybody who has done an educational program or mentorship is are they trading with real money and if not why. After our training session you are ready to trade or at least know what you need to do to start trading real money, how fast you get there is up to you. Some people start trading the same week we train, others a month or 2 later. Of course there is nothing wrong with taking your time and making sure your understanding is complete as Eric is doing. I have no doubt that with his diligence and thoroughness he will be an insane trader when he is ready. View attachment scan0001.pdf

    View attachment scan0002.pdf

    View attachment scan0003.pdf

    View attachment scan0004[1].pdf

    View attachment scan0005[1].pdf
     
  2. jcris522

    jcris522 Duellatorus Representative

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  3. Eric Alyea

    Eric Alyea Master Sergeant

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    Special “Zen Trading” Post

    Special “Zen Trading” Post

    I punched the buttons today. It was “Zen Trading”:
    http://www.forexpeacearmy.com/forex...uellatorus-review-eric-alyea-3.html#post30914
    Practice for opening and closing trades and getting in and out with out “Losing”
    I have to practice posting my trade logs, so, this is the 1st one that I didn’t have someone else do. (Well posting anyway, had help on data transfer for format, ty Josh).
    I’m not posting 3-9-10 till Saturday cause that will freak everybody out. It did me.
    The back link is:
    http://www.forexpeacearmy.com/forex...-what-fun-roller-coaster-today.html#post31728

    Wed. 3-9-10

    It was a roller coaster to day and I worked it. Earned every bit of it.
    It worked me hard. I cleared my trade sequences 3 times then was worn out.
    279 pips. Rough count 144 trades. Now that I have a print out I will get a good count. Like I said: It wore me out.
    I left one for my I worked it up to fall, (it will get you in trouble) fun top one and it took 53.9 pips (bad Eric, against the rules)

    EUR/USD
    $119,584.71 @ 11:17 CST 3-9-10 all trades clear
    $118,190.24 @ 06:37 CST 3-9-10
    $1,394.47 279 pips

    View attachment Eric031010.pdf

    :eek:oh: I think it worked.

    Had a webinar with Josh and Corbin last night. We went over what to do on margin% under 200% emergency procedures. Had one at 48.64% while back testing Sept.19 2003. Talk about having to clean your pants out.
    Will talk about that when I have the "Back test" article done.
     
    #33 Eric Alyea, Mar 10, 2010
    Last edited: Mar 15, 2010
  4. Eric Alyea

    Eric Alyea Master Sergeant

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    Daily Zen Trading Log: 3-7 to 3-13-10

    Daily Zen Trading Log: 3-7 to 3-13-10

    Week total’s
    $121,906.48 @ 11:48 CST 3-12-10
    $111,915.40 @ 10:29 CST 3-8-10
    $9,991.08 pips 19,982

    Monday 3-8-10@ 00:09
    EUR/USD went up from my the bids I was stuck with on Friday.
    Well since I am stuck in sell mode from orders left open last Friday.
    This “Zen Trading” is suppose to be about working the “ Flow”, either direction. Getting your procedures down so you don’t make mistakes. Felling when the retrace (things start going back ing the other direction) having the patients and timing to work with the flow.
    What I’m trying to say today is, I had trades left open from Friday, let them sit concentrate on today.

    OK lets play. Catch the spikes at the top and close for the pip at the bottom. Have a pre-loaded (units typed in) “Market Order” window loaded. Close out un-necessary web/window’s so you can manage and see what is open and not be distracted.
    At this time things are bouncing the 1.36200 median range. Today I’m looking at hitting the top of the spike with a sell order and cashing the pip as it falls.
    Learning what buttons to hit, drag side bars to see the last trades in the window.
    Check your margin. Check your margin. Check your margin. Don’t go wild hitting button’s without “Checking your margin”.

    $112,335.59 @ 12:00 3-8-10
    $111,915.40 @ 10:29 3-8-10
    $420.19 84 pips

    I think what I want to say today is I had trades left open from Friday, let them sit, concentrate on today. I still have trades open and still made 84 pips just working the flow. That is what this is suppose to do.
    “Make whatever is happening work.”

    Tues. 3-9-10
    Just closed all my old open orders. They started at 19 pips and went to 55 top one was 108.9.
    EUR/USD
    $117,767.24 @ 10:07 3-8-10
    $112,304.35 @ 10:02 3-8-10
    $5,462.89

    EUR/USD
    $118,161.79 @ 11:25 3-8-10
    $117,767.24 @ 10:07 3-8-10 going with today
    $394.55 1:18 min
    That wore me out. :47 minutes of fast action all my orders are closed out. I feel like quitting a winner,
    all trades from Friday, Monday, and today closed, $5,857.44.


    Wed. 3-9-10
    It was a roller coaster to day and I worked it. Earned every bit of it.
    It worked me hard. I cleared my trade sequences 3 times then was worn out.
    279 pips. Rough count 144 trades
    I left one for my fun top one and it took 53.9 pips
    EUR/USD
    $119,584.71 @ 11:17 CST 3-9-10 (all orders clear)
    $118,190.24 @ 06:37 CST 3-9-10
    $1,394.47 pips 279

    Thurs. 3-11-10
    Getting my procedures down. I had to close all my web windows and reopen the Oanda site to trade. I have gotten so I don’t like the word processor window on the right of the bottom,,, “Windows open bar”. Managing “Market Order” and “Ticket #” windows is one of the first jobs to get used to, closing the ones you don’t need open. Clearing out the one’s your afraid you’ll hit the wrong button on. Especially being careful of “Ticket #” windows so you don’t “Submit” the order accidentally. Just keeping track of what button’s you hit when it get’s going fast.
    Enough writing time to trade.

    $120,853.83 @ 11:54 CST 3-11-10 (10 orders open)
    $119,585.20 @ 09:05 CST 3-11-10
    $1268.63 pips 253

    Fri. 3-12-10
    Things are up today. I still have “Sells” open from yesterday so, I have to stay with that.
    It’s 11:40 CST today is Friday and the market closes for the week end. I got stuck with more trades (and I had to go back and close some that just hit then) You have to draw the line when to stop. There was one hanging at 0.0 I closed it. That was a 1st for me.

    $121,906.48 @ 11:48 CST 3-12-10 (18 trades open, a top @ 1.37716)
    $120,849.70 @ 09:31 CST 3-12-10
    $1,056.78 pips 211

    Remember this is a training exercise for getting your procedures down. I was a “Professional Long Range Rifle Shooter”, the goal was to “deliver long range precision fire on predetermined targets”. Pulling the trigger was just part of it. Getting in to a good position and setting up to get that shot was the real work.
    Good luck to every one
    Remember, getting a percentage of “Zero” (not placing a trade & not getting a pip) is “$0". Learn to make a successful open and close of an order with a profit every time is what this is about.:)
     
    #34 Eric Alyea, Mar 15, 2010
    Last edited: Mar 15, 2010
  5. Eric Alyea

    Eric Alyea Master Sergeant

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  6. Eric Alyea

    Eric Alyea Master Sergeant

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    a pip is a pip a squirrel is a squirrel, shoot ‘em

    Daily Zen Trading Log March start 3-15 to 3-19-10

    Better than “FarmVille” or “Farm Town”

    Let me say again this is button pushing practice. It makes you learn/understand yourself, and have to wonder??? What did I learn about ME, REALITY, and if it was real MONEY.
    ME, REALITY, and MONEY.
    In the house I own free and clear, the people (Renters, Wife, and Guest visitors) hear, “Oh I missed that one,... I need a thumb roller ball mouse,... I wouldn’t make these mistakes IF,... I should have followed the rules,... I’m stuck going the wrong way,... Stay away from the margin, stay away from the margin, Oh, sh*t under 200% margin, EMERGENCY”

    Week total’s
    $127,663.64 @ 12:11 CST 3-18-10 (open trades)
    $121,801.43 @ 00:09 CST 3-15-10
    $5,862.21 pips 1172

    Monday 3-12-10 @ 00:09
    I waited to midnight to close trades out that were open from Friday. I wanted to close them earlier. I had a sloppy trigger finger today, @ 10:18 all trades closed. Glade to get out.
    Here the question is:
    If had waited, I would have made more money on all the retrace movement.
    That is BS and the reason for doing this. Timing, Placing, Collecting. Removing the fear of, anticipation, and anxiety. Just get your money. (Yes, the government and others get theirs. Just give it to them).
    I have a legal paper to write today just getting out of trades is good enough!
    You have to understand Monday retracement!?!? EUR/USD
    $123,937.15 @ 10:18 CST 3-15-10 (all trades closed)
    $121,801.43 @ 00:09 CST 3-15-10
    $2,135.72 pips 427

    Tues. 3-16-10
    I have to take a legal break to beat up on a lawyer in Dallas
    EUR/USD
    $125,098.76 @ 13:55 CST 3-16-10 (all closed)
    $123,937.65 @ 03:27 CST 3-16-10
    $1,611.11 pips 232

    Weds. 3-17-10
    I had to do Legal work, recycling, and take out the trash so didn’t have much time to work it today. It was good that I had other things to do, the in's and out of getting away from the screen are good. 302 pips in 2 hours.
    EUR/USD
    $126,609.03 @ 10:12 CST 3-17-10 (all closed)
    $125,099.27 @ 08:18 CST 3-17-10
    $1,509.79 1:54 pips 302

    Thurs. 3-18-10
    I knew it was going go down today but, it’s Thursday and the training rule is, “do the opposite of what your gut say’s” for the sake of knowing how to get OUT”.
    So, this is the drill. I go “Buy” and time hitting at the bottom of then candle bounce. If it keep’s going down you practice hitting the bottom of the candle.
    This is why you use a “Demo” so you can get your timing down. Leave them open for a week, it will retrace. When I do this I have gotten so I leave the most extreme low/high order as a “pet/play thing” to close last after the retracement order is closed (It will retrace {just give it time}).
    Everything else goes by the 1 pip rule. Learn to recover your margin.
    Once your stuck in a Buy/Sell mode, you can hit orders on the retrace. This is what you were suppose to be doing the first time. Knowing the direction and hitting orders, and cashing in.
    You learn to get mad at your self and get over it. This practice get’s you used to: “Taking the shot” and “cashing out”.
    2 pip spread- fat finger and hang
    a pip is a pip a squirrel is a squirrel, shoot ‘em
    scoring the pet pip
    It’s practice, don’t second guess it, just play.
    Get you use to the concept of counter pivot point trading.
    If it swings back down, hit another order at the bottom.
    If you ever have to many windows open close them off the bottom window bar, NOT within the window itself, this practice will prevent fat finger mistakes in the future.

    EUR/USD
    $127,663.64 @ 12:11 CST 3-18-10 (open trades)
    $126,635.53 @ 09:03 CST 3-18-10
    $1,028.11 pips 205

    Fri. 3-19-10
    Had to do legal work and filing/posting today, just done now @ 16:12 CST
    I am worn out legally, don’t look at me wrong eye to eye, or I will touch you. (People alive in the world KNOW what that means)

    Good luck to all
    edited later (3-19 -10 15:58 CST)
    Eric
     
    #36 Eric Alyea, Mar 19, 2010
    Last edited: Mar 19, 2010
  7. Eric Alyea

    Eric Alyea Master Sergeant

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    A good day to come back

    A good day to come back
    Look at the action on EUR/USD 4-11 & 4-12-10
    Had to take care of other business and was away. I worked on back testing since the program I’m using (Forex tester 2) doesn’t need an internet connection for me to train or practice.
    I thought that my demo (practice play ground) would have margin called me out. EUR/USD took a nose dive while I was away, 200 or so pips. I was surprised to check the practice account:

    When I was away total’s
    $127,971.20 @ 00:14 CST 4-12-10
    $127,663.64 @ 12:11 CST 3-18-10 (trades open)
    $307.56 interest
     
  8. Eric Alyea

    Eric Alyea Master Sergeant

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    Special insert

    Wed 4-14-10

    EUR/USD
    $134,574.44 @ 10:52 CST 4-14-10
    $130,799.07 @ 00:50 CST 4-14-10 (orders open)
    $3774.97 pips 755

    This is the 1st time I closed trades out at a loss, 5 of them. They had been there since 3-18-10 and were in the 3 pip range and I wanted to be closed out and clear. I finally get to have the option to do some “Sell’s”. I've been stuck in Buy since 3-18-10. Switched to Sell @ 10:52 CST. My candles are set for green=up, red=down. I have been working the bottom of those red candles for to long. It’s nice to be able to work the top of the green with sell’s.
    I’ll have more on my being away and stuck in trades when I’m done doing other people’s tax’s.
     
    #38 Eric Alyea, Apr 14, 2010
    Last edited: Apr 18, 2010
  9. Eric Alyea

    Eric Alyea Master Sergeant

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    Daily Zen Trading Log: 2wk March

    Daily Zen Trading Log: 2wk March
    4-11 to 4-17-10

    Week total’s
    $135,209.02 @ 16:00 CST 4-16-10
    $127,971.20 @ 00:14 CST 4-12-10
    $7237.82 pips 1,448

    Mon. 4-12-10
    A good day to come back
    Look at the action on EUR/USD 4-11 & 4-12-10
    Had to take care of other business and was away. I worked on back testing since the program I’m using (Forex tester 2) doesn’t need an internet connection for me to train or practice.
    I thought that my demo (practice play ground) would have margin called me out. EUR/USD took a nose dive while I was away, 200 or so pips. I was surprised to check the practice account:

    When I was away total’s
    $127,971.20 @ 00:14 CST 4-12-10
    $127,663.64 @ 12:11 CST 3-18-10
    $307.56 interest

    Started trading just after midnight Sunday and caught it right to close out some old trades that were open and got my margin back up. (If you need to rent a Nun, Zen Master, or USMC Drill Sgt. with a stick to beat you while saying, “don't let it get below 200%, get your margin back up” do it.)
    EUR/USD
    $129,414.16 @ 21:53 CST 4-12-10 (orders open)
    $127,971.20 @ 00:14 CST 4-12-10 (orders open)
    $1,442.96 pips 288.6

    Tues. 4-13-10
    Just plinking, while doing other peoples taxes.
    EUR/USD
    $130,799.07 @ 22:51 CST 4-13-10 (orders open)
    $129,414.16 @ 01:56 CST 4-13-10 (orders open)
    $1,394.47 pips 279

    Wed 4-14-10
    Just plinking, while doing other peoples taxes.
    This is the 1st time I closed trades out at a loss, 5 of them. They had been there since 3-18-10 and were in the 3 pip range and I wanted to be closed out and clear. I finally get to have the option to do some “Sell’s”, been stuck in Buy since 3-18-10. Switched to Sell @ 10:52 CST. My candles are set for green=up, red=down. I have been working the bottom of those red candles for to long. It’s nice to be able to work the top of the green with sell’s.
    I’ll have more on my being away and stuck in trades when I’m done doing other people’s tax’s.
    EUR/USD
    $135,207.35 @ 22:36 CST 4-14-10 (ALL closed)
    $130,799.07 @ 00:50 CST 4-14-10 (orders open)
    $4,408.28 pips 882

    Trade log for Wed. 4-14-10 View attachment Eric041410.pdf

    Thurs & Fri. 4-15 to 4-16-10
    No trading. Back next Wednesday.
     
    #39 Eric Alyea, Apr 18, 2010
    Last edited: Apr 18, 2010
  10. Eric Alyea

    Eric Alyea Master Sergeant

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    Goofing around this week

    Daily Zen Trading Log 4wk Apr
    4-25 to 4-30-10

    Week total’s
    $149,960.38 @ 15:55 CST 4-30-10 (all closed)
    $135,122.45 @ 15:00 CST 4-25-10 (orders open)
    $ 14,837.93
    I was goofing around and tried some different things this week experimenting.

    Mon. 4-26-10

    1.33788, closed @ 1.33183, 08:16 CST. I had this one at 59 pips and didn’t close it with the others. It went to 35 pips, I waited. Then it dropped again and it show me 60 pips and I pulled the trigger. (I won't do that again, I will close one pip short to get it done)
    1.33666, closed @ 1.33203, 07:18 CST
    1.33659, closed @ 1.33196, 07:18 CST
    $141,567.03 @ 09:41 CST 4-26-10
    $135,122.45 @ 15:00 CST 4-25-10
    $ 6,444.58

    Tues. 4-27-10
    EUR/USD
    $142,051.22 @ 06:43 CST 4-28-10 (orders open)
    $141,567.59 @ 07:39 CST 4-27-10 (orders open)
    $ 483.63

    Wed 4-28-10
    EUR/USD
    $142,840.37 @ 15:38 CST 4-28-10 (orders open)
    $142,051.22 @ 06:43 CST 4-28-10 (orders open)
    $ 789.15

    Thurs 4-29-10
    EUR/USD
    $143,259.76 @ 18:00 CST 4-29-10 (orders open)
    $142,840.37 @ 15:38 CST 4-28-10 (orders open)
    $ 419.39

    Fri. 4-30-10
    I got in trouble for coming to bed late
    EUR/USD (I cheated and used a “Take Profit”)
    $147,612.97 @ 02:12 CST 4-30-10 (all closed)
    $142,840.37 @ 20:23 CST 4-29-10 (orders open)
    $ 4772.60

    USD/JPY
    $148,521.05 @ 09:08 CST 4-30-10 (all closed)
    $147,612.97 @ 02:12 CST 4-30-10 (all closed)
    $ 908.08

    EUR/USD
    $149,960.38 @ 15:55 CST 4-30-10 (all closed)
    $148,521.05 @ 09:08 CST 4-30-10 (all closed)
    $ 1439.33

    $ 4,772.60 EUR/USD
    $ 908.08 USD/JPY
    $ 1439.33 EUR/USD
    $ 7,120.01
     
    #40 Eric Alyea, Apr 30, 2010
    Last edited: Apr 30, 2010

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