Welcome to Indy 500 — Today I got to thinking about one hurdle i faced sometime back when trying to be disciplined about trading. its the issue of instant gratification. we live in a society of 60 second lunches, instant credit of $20k etc ...

My Bat from team aphid trades

Here are the trades with time in GMT for Thursday and Friday Short Entry 1.9883 Stop loss 1.9956 05-03 1500 GMT Stopped out for loss at 1.9903 Pips - (-20) Account Value - $1029 currently there is one trade open Long entry 1.9902 Stop loss 1.9832 ...

My Bat from team aphid trades

Mr. Demark, Couldnt agree with you more....here is an excerpt from my trading plan 1st Outcome - Capital Preservation, 2nd Outcome - Growth, 3rd - Income My first outcome for any strategy i trade is: How can i protect my capital and survive to trade ...

Can I make 40% per month consistently

I agree with you about not trading at news time or keeping orders open for the weekend. I personally do keep all open positions open but with a stop during the weekend. I cancel the pending orders. this issue can go either way. I have been burned ...

The Bat...a strategy by Team Aphid

Yes the order looks great! I entered it this morning and up 23 pips right now. did u take this trade?

The Bat...a strategy by Team Aphid

nOT BAD, At least its consistently positive. to be honest wiht you 3% is sort of low goal for forex. I would at least shoot for 5% which is still very conservative. but that would depend on ur time frames and risk profile. just giving my 2 cents ...

Pipex: 6 Month Report Card

Good point. Thanks. Also, posting my account value and trades here makes me stick to my committment.

My Bat from team aphid trades

I think to make this thread more educational, I will cover other areas of trading too...that would be system selection, psychology etc.... When i try to follow this Bat system by Team Aphid, many times the price will be like 200 pips in my favor but ...

My Bat from team aphid trades

Trades from yday and today Short entry 1.9995 05-01 1600 Exit 05-03 0800 1.9913 82 pips profit Long entry 05-03 0800 GMT 1.9913 Long Entry 1.9900 Time I forgot Long entry 1.9891 Time I forgot All of them stopped out for loss at 1.9883 Current ...

My Bat from team aphid trades

I use oanda, and in oanda 100 units is 1 cent per pip. so basically If i have 50 pips stop loss, I simply buy/sell 5000 units to make 1 pip worth 50 cents. My focus is always on risk (in terms of dollars) per position. so if i need 25 pips stop ...

My Bat from team aphid trades

I will do some testing on years 2004-2005 GBPUSD and post results here in a day or two. it looks like Team aphid did their testing for year 2006.

The Bat...a strategy by Team Aphid

thank you very much that fixed it......

Indicator only shows up for limited time

March To Million — MY MONEY MANAGEMENT STRATEGY I started out with Level 1 - $1000 after $125 in gains by risking $25 per trade.... Level 2 - I add $750 to make my account balance $2000 after $250 in gains by risking $50 per trade Level 3 - I ...

My Bat from team aphid trades

Hello All, There was one trade that opened and closed yday with profit of 11 Pips. Long Entry 04-30 1600 GMT 1.9985 Exit 05-01 1600 GMT 1.9996 Current account value: 1047.1 Once my account value reaches $1250, I will deposit $750 more to make it ...

My Bat from team aphid trades

not to put you down or anything, but 11 trades backtesting is not enough. you need at least 3 months/50 trades before going live.

My Path To Financial Freedom

This one stopped out at 1.9986. for a loss of 46 pips. Trade 2 and 3 worked out ok....both were positive. Trade 2 - entry short 1.9957 stop loss 1.9996 target 1.9939 Trade 3 - entry 1.9968 stop loss 1.9996 target 1.9939 both ended positive.... Net ...

My Bat from team aphid trades

Yes definitely got kicked. But not as bad as India...lol. but i think there was a lot of injustice done to you guys in semi finals. never mind, this is not a place to discuss, I guess...its forex factory not cricket factory....

Can I make 40% per month consistently

allright, the previous trade stopped out at 1.9940. The new trade is here: short entry 1.9940 stop loss 1.9996 target: other side of the bat line

My Bat from team aphid trades

I disagree, its as easy to make 1500 on 10000 account as 15 dollars on 100 dollars account. its just adding zeroes!! you just need to control your emotions and follow your system.

Can I make 40% per month consistently

Ok good, I will try it out. Thanks. Zalak

The Bat...a strategy by Team Aphid