Dirk58
Sergeant
- Messages
- 435
Hi there,
I setup this thread for an new approach to make money within the FX market.
Main idea is from saambasp so thanks for this fascinating idea. So what is all about?
Main idea is to trade 100% risk! Using this you will reach 1 Million Dollar with only 15 Trades! Fascinating of course.
But as any trader knows not easy at all to make 15 green trades in a row, no man. And because of the crisis is still on and will
stay much longer the London and US Sessions are very hard to trade. Because of all the news comin in from here and there and
there to here, damn. But what I saw is that the Asian Session recovered nicely from the Tsunami now.
Conclusion: trading the original idea using an nice manual system is within these two sessions out of reach because really not much
chances to make 15 in a row so I thought about an different way, different approach to get near to this. After a short while thinking about
all this and current market situation I found something, an approach what comes near to this idea. At least to reach 1 Million Dollars eventually
with no sweat under my arms.......
Well, time factor is much longer with this but it will be much more safe than the original way to try getting a rich man.
Using 5 micro accounts, each funded with $10 and a few EAs now for my way of High Risk Trading and using 90% Risk! wow, yep
This is running now 1 week and 1 Night and AllTogether Performance is 89.4%
2 good things for this: first is if an ea or two will crash their accounts it was only small money and quickly the account is funded again!
2nd good thing is if an ea goes into red the others still have their performances left for this!
So for this if all 5 accounts together make 100% gain I doubled $10. This is not impressive but will grow because of EAs MM, So soon some of
them are within an account balance were they will increase their lotsize!
Yes, the RR for an EA is really not impressive, but using them together this works greatly. At least for my first approach and week
For this I made an trading plan too and as I right now do not know what will go on with the performance if EAs increase their lotsizes and bad trades
and so on I used to make my plan easy: double last account balance every 2 weeks. So $10 into §20, then $40 and so on, think this will come very
close to all this. Well, first months this is not impressive, but there are still ways to increase all this again and again plus putting money in my pockets too
Think I covered all and perhaps it will be interesting for some of you guys, following now my MI! - MI5 Real Accounts, each funded with $10
Dirk58
General UPDATE 02.25.12
1 EA used on 1 Pair using 4 MI1 Accounts! Pyramid Trading Strategy for more effectiveness and less risk!
4 more info goto http://eine-million-dollar.de/en/missionimpossible.html
02.24th: have to work over my system for lower the risk but same effectiveness Start 02/16/12
website updated
Final Widgets
DD: Feb 29th - MI1 $10 above went into total DD. For less Risk I decided to start new MI1 funded with $20
TOTAL DD.... EA range of trades be set was too small.... so updating again... all new (website and EA!!!) at this weekend
I setup this thread for an new approach to make money within the FX market.
Main idea is from saambasp so thanks for this fascinating idea. So what is all about?
Main idea is to trade 100% risk! Using this you will reach 1 Million Dollar with only 15 Trades! Fascinating of course.
But as any trader knows not easy at all to make 15 green trades in a row, no man. And because of the crisis is still on and will
stay much longer the London and US Sessions are very hard to trade. Because of all the news comin in from here and there and
there to here, damn. But what I saw is that the Asian Session recovered nicely from the Tsunami now.
Conclusion: trading the original idea using an nice manual system is within these two sessions out of reach because really not much
chances to make 15 in a row so I thought about an different way, different approach to get near to this. After a short while thinking about
all this and current market situation I found something, an approach what comes near to this idea. At least to reach 1 Million Dollars eventually
with no sweat under my arms.......
Well, time factor is much longer with this but it will be much more safe than the original way to try getting a rich man.
Using 5 micro accounts, each funded with $10 and a few EAs now for my way of High Risk Trading and using 90% Risk! wow, yep
This is running now 1 week and 1 Night and AllTogether Performance is 89.4%
2 good things for this: first is if an ea or two will crash their accounts it was only small money and quickly the account is funded again!
2nd good thing is if an ea goes into red the others still have their performances left for this!
So for this if all 5 accounts together make 100% gain I doubled $10. This is not impressive but will grow because of EAs MM, So soon some of
them are within an account balance were they will increase their lotsize!
Yes, the RR for an EA is really not impressive, but using them together this works greatly. At least for my first approach and week
For this I made an trading plan too and as I right now do not know what will go on with the performance if EAs increase their lotsizes and bad trades
and so on I used to make my plan easy: double last account balance every 2 weeks. So $10 into §20, then $40 and so on, think this will come very
close to all this. Well, first months this is not impressive, but there are still ways to increase all this again and again plus putting money in my pockets too
Think I covered all and perhaps it will be interesting for some of you guys, following now my MI! - MI5 Real Accounts, each funded with $10
Dirk58
General UPDATE 02.25.12
1 EA used on 1 Pair using 4 MI1 Accounts! Pyramid Trading Strategy for more effectiveness and less risk!
4 more info goto http://eine-million-dollar.de/en/missionimpossible.html
02.24th: have to work over my system for lower the risk but same effectiveness Start 02/16/12
website updated
Final Widgets
DD: Feb 29th - MI1 $10 above went into total DD. For less Risk I decided to start new MI1 funded with $20
TOTAL DD.... EA range of trades be set was too small.... so updating again... all new (website and EA!!!) at this weekend
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