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rubs
 

Registered: Jun 2012
Posts: 5

 

07-26-12 03:21 PM

Hi

I have made a scalping strategy that works 100%.
It is a low pip but high risk strategy-Worked for an year.

Key points

1. I trade only Eur Usd
2. Time- 1HR
3. Pips win-3-5
4. SL-10 pips.
5. 1 trade daily
6.It took my account from 10,000 $ to 40,00,000 $ in a year.


Eg- I have an 10,000 $ account and I trade it in lot size of 10 (1 pip is 100 $). I make an average of 66-100 % in a month.
I make an average of 300-500 $ a day. IT IS A VERY HIGH RISK STRATEGY BUT IT WORKS FOR ME DAILY.

I need a good broker that wont hunt my stop loss or trade against me live trading as this is very high risk strategy.

All suggestions,comments,criticism- Welcome.

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rtiger29
 

Registered: Jun 2010
Posts: 158

 

07-27-12 07:37 AM

So is this a live account?? And you say you went from 10k to , is it 40k ? looks like you have one to many zero's in there.

EDIT: i see you mentioned this was a live account in the title

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rubs
 

Registered: Jun 2012
Posts: 5

 

07-27-12 07:58 AM

no this was on demo.

i asked can i start using the following strategy on my live acc

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NoBias
 

Registered: Jul 2012
Posts: 154

 

07-27-12 08:06 AM


Quote from rtiger29:

So is this a live account?? And you say you went from 10k to , is it 40k ? looks like you have one to many zero's in there.

EDIT: i see you mentioned this was a live account in the title



Title is in question form, "Can I start..." Appears Sim

Also has "two" to many zeros [$10K eurusd = $1/pip -- not $100]

I doubt anyone has a 100% system

Murphys law: What can go wrong will go wrong, i.e. High risk strategy....

Sim seldom address's slippage [assuming the sim program accounted for spread/commission]

Suggest forward testing in Cash using anticipated brokers platform with minimum possible acct size

I believe in IB it is $20K minimum position size, so an appropriate amount to allow for draw down

$10K account sounds like FXCM or Oanda, in which case spreads should eat up any profits on a 3 pip scalping system with a 10 pip stop...

Edit: Just noticed -- 6. It took my account from 10,000 $ to 40,00,000 $ in a year.

Either too many zero's or a troll thread - Dang it

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