Educators' Nemisis
FREE!!!What you say...FREE!!!
A system where we can have fun and learn.
Purpose: To prove that an interested trader should NEVER pay a charlatan/educator to learn how to trade without published proof of real time brokerage trades showing they are profitable over a given period . (Not 1 day either)
This thread is intended to help those sitting on the fence to get off the fence and trade with a little bit of help and those that are trading hone in on their disciplines.
Of course, if you know everything about trading this thread will be of no benefit to you.
The system will NOT be given to you...you will have to research while at the same time I will provide real time trades/calls.
Before, I go any further ...I am not computer savvy ;so if I mess up I apologise and maybe somebody can assist me.
The system; Less than 100 words
Money management: Less than 50 words. It will become obvious as you follow the trades where you will see "X1, X2" and so on.
Profit goal: This exercise - 2 profitable trades
Profit/ Stops-Reverse trades: 1.75 -2.0 -/+ commissions
Current statistics: Free wheeling 53% profitable has not varied more than 4%.
Maximum successive profitable trades 7
Maximum successive losing trades 4
I will not post entries until my other model has finished for the day...average time around 3.5 hours from 7 am EST. If it a loss...a lot earlier
This is a genuine attempt to assist traders and others with absolutely NO ulterior motive...more about me later..
So here goes...
A system where we can have fun and learn.
Purpose: To prove that an interested trader should NEVER pay a charlatan/educator to learn how to trade without published proof of real time brokerage trades showing they are profitable over a given period . (Not 1 day either)
This thread is intended to help those sitting on the fence to get off the fence and trade with a little bit of help and those that are trading hone in on their disciplines.
Of course, if you know everything about trading this thread will be of no benefit to you.
The system will NOT be given to you...you will have to research while at the same time I will provide real time trades/calls.
Before, I go any further ...I am not computer savvy ;so if I mess up I apologise and maybe somebody can assist me.
The system; Less than 100 words
Money management: Less than 50 words. It will become obvious as you follow the trades where you will see "X1, X2" and so on.
Profit goal: This exercise - 2 profitable trades
Profit/ Stops-Reverse trades: 1.75 -2.0 -/+ commissions
Current statistics: Free wheeling 53% profitable has not varied more than 4%.
Maximum successive profitable trades 7
Maximum successive losing trades 4
I will not post entries until my other model has finished for the day...average time around 3.5 hours from 7 am EST. If it a loss...a lot earlier
This is a genuine attempt to assist traders and others with absolutely NO ulterior motive...more about me later..
So here goes...
DONE 4 x225 - 5 x125= net profit
Next trade @ 1.30 x3
Next trade @ 1.30 x3
1.30 trade scratched...waited over an hour 1.25 @ 4400...time not on myside now.
Probably early start tommorrow.
Probably early start tommorrow.
BGT 114000...SELL 114250 x3
reverse...113875....
reverse...113875....
Reversed 113875...x4 BUY 113625
Reversed back to 114000...x5
DONE...5 x225 -7x125 = net profit
Next trade @ 9.30 x4
DONE...5 x225 -7x125 = net profit
Next trade @ 9.30 x4
Now that it has settled down a bit
Open 113850...SLD 113725...BUY 113475...x4
reverse will be 113850 x 5
Open 113850...SLD 113725...BUY 113475...x4
reverse will be 113850 x 5
DONE 4 x225...
Next trade @10.30 x 3
Next trade @10.30 x 3
BGT 113100...SELL 113350..x3
Reversal 112975..
Reversal 112975..
reversed SLD 112975...BUY 112725...x4
reversed acouple times...113100 x5
112975 x6
DONE 112725...6 x225 - 12 x1.25 = net loss
Next trade 1.30 ...x5
112975 x6
DONE 112725...6 x225 - 12 x1.25 = net loss
Next trade 1.30 ...x5
i have eceeded my limit...I am done for awhile...looks like a looong year
Emini Day Trading /
Daily Notes /
Forecast /
Economic Events /
Search /
Terms and Conditions /
Disclaimer /
Books /
Online Books /
Site Map /
Contact /
Privacy Policy /
Links /
About /
Day Trading Forum /
Investment Calculators /
Pivot Point Calculator /
Market Profile Generator /
Fibonacci Calculator /
Mailing List /
Advertise Here /
Articles /
Financial Terms /
Brokers /
Software /
Holidays /
Stock Split Calendar /
Mortgage Calculator /
Donate
Copyright © 2004-2023, MyPivots. All rights reserved.
Copyright © 2004-2023, MyPivots. All rights reserved.