maximuzz 1) No I leave the basket trades open until I finish the day. 2)If a pair enters DD I hedge it to recoup some DD or if I decide not to hedge it then I have a MAX DD for any one pair of -$200 (this is just my own way of limiting DD. I won't ...

Pitbull Trader with Position Building

Posted this on the original thread which is now defunct. Made two slight amends to original for clarity. Thought it may help. How I use this method. I open 10 basket at 0.01 Wait min 1 hour Trade only bottom two places. Hedge if trade enters settled ...

Pitbull Trader with Position Building

Chips. Closed out for the day including my basket. Results for first two days of 2012 attached. I am being really cautious and not over trading. My first trade 0.05 EUUS long went to DD so I hedged it when it hit -$28 and made good profit on the ...

Pitbull Trader with Position Building

Chips has started a new thread on pitbull in the systems forum.

Pit bull trading strategy by brijon

Hi Oconnor. Havn't given up on the hedging but am now also trying using $200 as my limit before I cut it.

Pit bull trading strategy by brijon

Hi Oconnor I set my basket about 1 hour before the UK open. I wait around 30 mins after London open before I place any trades. So its open around 60/90 mins before trading. Cheers

Pit bull trading strategy by brijon

well done — Hi Chips Thanks for starting this thread. This is one of my favourite methods of trading and have been following and using it for about 3 months with good results. I posted my trades from yesterday in the old thread as there are ...

Pitbull Trader with Position Building

Interesting first day trading 2012 in the pit. Ignore the EURGB trade as clicked in error. All basket trades (o.01) closed.

Pit bull trading strategy by brijon

That would be good to see Chips. I think its in the bin because of Brians apparent overreaction to what he called Crims... but dont go there.

Pit bull trading strategy by brijon

Hi oconnor365 and thanks. Also for clarity.... re my overtrading sentence It should read I do not overtrade OR add more than 4 trades to the basket (.05 .50 on bottom two pairs) at any one time. I use the attached SM. Cheers for now.

Pit bull trading strategy by brijon

Keep it going please. I'm still doing pretty good with this system and have been working with it for a couple of months. I open 10 basket at 0.01 Wait min 1 hour Trade only bottom two places. First trade placed at 0.05 If move into stready profit ...

Pit bull trading strategy by brijon

Interesting, thanks.

UpFX

Thanks for the feedback. I read somewhere even taking US traders will mean the big brother gov in US will go after them (even if they dont advertise). I hope they are secure in this.

UpFX

Thanks for the feedback and sorry you had problems with their site. I use Bing (dislike Googles local linking find it annoying) and had no issues. Will continue to demo this month. So far excellent.

UpFX

Happy New Year TimTamMad and thanks for the best thread on FF, no question.

Trading Cartoons and Pics

Interesting... I'm in game mode on this and doing rather well thanks. I watch Brians videos on You tube also. This week alone in three days I have increased my balance by £1980 at 0.50 lot size. My drawdown has not exceeded £300. I open and close ...

Pit bull trading strategy by brijon

You have my vote — Still the best thread on FF. Bravo.

Trading Cartoons and Pics

Mikepip. Is their real time execution as good as their demo... their demo is truly excellent. No slip no reQ very fast Ex. Just wondering if the feed is a good live? Any clues and thanks.

UpFX

Simple Failure to cut losses. Holding on to a trade in HOPE. If in doubt GET OUT easy to say, but we all fall for HOPE.

Why do traders blow a winning account?