[2091020] :: OPICK :: Let's Make a Profit ::

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Originally Posted by kashifrehman

You are going nice and i think that in future trading will me more amazing with you. Please share something about your system than can make us able to decide about investment.

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This system is one form of the averaging method. Opening a continuous order to get profit and use the MA as a filter to buy or sell.

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Originally Posted by opick

This system is one form of the averaging method. Opening a continuous order to get profit and use the MA as a filter to buy or sell.

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When you talk about the averaging method, do you mean you average down your trades? Or do you mean using moving averages. If you average down trades where do you decide to cut your losses and decide that you are trading in the wrong direction?

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Originally Posted by cfxsignals

When you talk about the averaging method, do you mean you average down your trades? Or do you mean using moving averages. If you average down trades where do you decide to cut your losses and decide that you are trading in the wrong direction?

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Yes, averaging that I mean is average down trades. I will do my cut loss to reduce losses if i see EA doing the wrong trade.
It takes a cold heart to accept losses, as well as traders who use the stop loss.

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Originally Posted by opick

Yes, averaging that I mean is average down trades. I will do my cut loss to reduce losses if i see EA doing the wrong trade.
It takes a cold heart to accept losses, as well as traders who use the stop loss.

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Thank you for the PM - I do not quite understand the image but it looks impressive. Also I am glad that the risk is a bit lower. I will place this system on my watch list.

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Originally Posted by cfxsignals

Thank you for the PM - I do not quite understand the image but it looks impressive. Also I am glad that the risk is a bit lower. I will place this system on my watch list.

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Thanks for your support.

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http://widgets.instaforex.com/widget...091020&type=13
http://widgets.instaforex.com/widget...pe=15&g=profit
http://widgets.myfxbook.com/widget?i...pe=2&color=red


Recovery

http://i1075.photobucket.com/albums/.../update02a.jpg

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Originally Posted by VS73712513

This is a good performance, but I am worried that you are using Martingale strategy with only small account. Usually that means that you will blow your account after some time.

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Thank you for monitoring my thread.
Martingale is a strategy and it all depends on the users. I've answered this in post #7.

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Originally Posted by VS73712513

This is a good performance, but I am worried that you are using Martingale strategy with only small account. Usually that means that you will blow your account after some time. What do you use to prevent this?

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I have cutloss management to minimize losses when I look in the wrong direction of market movements.

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Originally Posted by dollar

waav good return. are you using EA and in my view EA can not give this profit continue for long time.
i want to know how long you have check your EA and is it work in flat market movement and at news time.

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Thank you for monitoring my thread.
At first I used 6 EA but now only use 2 EA. The first to detect the sideways condition and using the averaging method. The second is to detect strong trend conditions and using martiangale method.
I hope that in the presence of 2 EA, PAMM accounts will be able to survive in all conditions. And traders are also keeping an eye on the course of trade.

---------- Post added at 11:02 AM ---------- Previous post was at 10:55 AM ----------

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Originally Posted by abdallah

I think there is a lot of trading system that can be use in trending or sideway market. some trading system want high volume to enter the position. Some of trading system want to open position in sideway market. So I think your information really good. Hope we can know when market can be volatile or not.

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To detect sideways or volatile conditions I use Bollinger Bands and Moving Average.

http://widgets.instaforex.com/widget...091020&type=13
http://widgets.instaforex.com/widget...pe=15&g=profit
http://widgets.myfxbook.com/widget?i...pe=2&color=red


recovery has finished

http://i1075.photobucket.com/albums/...t/ab412251.jpg

http://widgets.instaforex.com/widget...2091020&type=4 http://widgets.instaforex.com/widget...ype=2&g=equity http://widgets.instaforex.com/widget...ype=3&g=profit
http://widgets.myfxbook.com/widget?i...pe=2&color=red

Spoiler:

http://i1256.photobucket.com/albums/.../update04a.jpg
http://i1256.photobucket.com/albums/.../update04b.jpg
http://i1256.photobucket.com/albums/.../update04c.jpg