20 /30 profitable Dow Dax weekly 100 ticks profit

[Splitlink]

closed +20





102 tick profit this week +20 = 122

Next Week I will see if I can apply the blinkered Big John candle to this system😆😆😆😆

5 th consecutive week of profits average over 100 ticks per week.

have a nice weekend everybody!

I made +324. Luck? Probably. I can't believe, either. It was done by taking notice of you, fl. I did not change my system-but you got me off FT. I'll try it again, next week.

 

[foroom lluzers]

I made +324. Luck? Probably. I can't believe, either. It was done by taking notice of you, fl. I did not change my system-but you got me off FT. I'll try it again, next week.

Just manage your risk , as in first post.If traders run their profits , they can still use this system and make money , but results will not be consistent .This is because markets trend only 20% of the time at the most .In the 80% ranging period , traders looking for larger profits will suffer or not perform as well as in trending periods.

Good luck to everybody.Try to lose only a few ticks 20 to 30 maximum , it will change your trading , because this is defensive trading "not to lose".Learn about defensive football and transfer it to trading.

Follow successful people and their traits

http://www.manchestereveningnews.co...ille-carragher-row-manchester-united-13006892

Become defensive in the market , accept the market throws attacking balls at you, you are winner.

 

[foroom lluzers]

Most trading systems are attacking systems , the winning systems are defensive.

 

[jeffre4]

joo se hyuk gets slaughtered by all the top players looks good like all defenders but never wins (is that your trading??)

 

[foroom lluzers]

joo se hyuk gets slaughtered by all the top players looks good like all defenders but never wins (is that your trading??)

NO

You don't get the point so here is thread by an intelligent trader and poster
explaining the need to be defensive in your trading.It is very important not to lose points/ticks .

http://www.trade2win.com/boards/fir...bability-trading-so-important.html#post681338

 

[foroom lluzers]

He was very successful last year

http://www.manchestereveningnews.co...ille-carragher-row-manchester-united-13006892

Carragher claimed Mourinho’s defensive tactics and the club’s failure to score away against any top-six side this season was ‘embarrassing’.

Neville insists the United manager will overhaul his side and turn them into genuine title challengers next season.

 

[jeffre4]

I was making a point that you picked the wrong defensive point to make a point

 

[foroom lluzers]

Let me explain something about options and how to profit from them.

The option price at any given time is based usually on expected volatility , in the time the option is valid , it is based on open to close expected movement.AS AN EXAMPLE . a daily option might be priced at 70 pips /ticks including spread for 24 hours .This price is divided into a buy option for 35 pips and a sell option for 35 pips , therefore if a trader is good a predicting markets he can buy the buy option or the sell option for 35 and hope to get 70 , there is room for profit by buying options.This is layman's explanation.

I usually go for 20 and hope to get 40/50.

 

[foroom lluzers]

I was making a point that you picked the wrong defensive point to make a point

I was only looking at the defensive qualities and saying don't let the market screw you.


If you can defend well , you will lose less ticks , your attacking provided it is on par with the best , it will make more based on probabilities.

Many traders will make ticks but they will lose more than they make , this is because their strategies are entirely attacking strategies .

 

[foroom lluzers]

next week i trade long trades on gbp 4 .This is because I had 4 losses on longs .After 4 consecutive losses I increase my stake to double , same after 8 losses and 12 losses


Here is spread sheet and hopefully recover the losses on longs this week.

 

[foroom lluzers]

The market is in down trend but at bottom of channel support.

Today's trades posted in advance .Now a professional needs new lulz site , this is for amateurs.

 

[foroom lluzers]

My next trade is short at 12260 if option price is good

 

[foroom lluzers]

I have bought 12300 weekly call , this is another profitable system , I don't want to run another journal and include it here.

 

[foroom lluzers]

Next Week I will see if I can apply the Big John candle to this system😆😆😆😆

Today's trade is based on the big John candle , it is a money spinner.

 

[foroom lluzers]

The second trade is short , because this is a weak market.

Entries here

 

[foroom lluzers]

closed trade+20

 

[foroom lluzers]

added another long

 

[foroom lluzers]

Add a short

 

[foroom lluzers]

added another long

closed +20 = +40 so far today Big John candle is losing ATM

 

[Dowser]

closed +20 = +40 so far today Big John candle is losing ATM

Probably needs a bit more air pal :smart:👍