Zorro_Trading_Group by FXiGoR - Page 47

naumoff · #**461** (**permalink**) 03-18-2008, 06:22 AM

Russian users of a room, write to me in PM pliz.

forexmoments · #**462** (**permalink**) 03-18-2008, 08:54 AM

Quote:

Originally Posted by naumoff

Russian users of a room, write to me in PM pliz.

You joined 2 years ago but this is your first post?

fxprocessor · #**463** (**permalink**) 03-18-2008, 09:03 AM

What is this Matrix system and what indicators do you use? If Igor is too busy to answer (emailed you already Igor) can someone else from the group PM me if you can explain?

thanks

Quote:

Originally Posted by iGoR

Here is a picture of the MaTRiX system on the BUND today.

21 winning trades and 1 loosing trade:
The orange rectangle shows the only loosing trade for today.

Trades on this BUND are called by my assistent Audrey (AKA Zorrina Matrixa)

To be continued...

naumoff · #**464** (**permalink**) 03-18-2008, 10:56 AM

Quote:

Originally Posted by forexmoments

You joined 2 years ago but this is your first post?

All this time at me was not questions, all that I was necessary found.

iGoR · #**465** (**permalink**) 03-18-2008, 03:20 PM

Quote:

Originally Posted by lcfxtrader

Igor,

I am thinking about rejoining the group but only for the Matrix system. Can you please comment on what your average hit rate is and the risk/reward ratio using this scalping system? Also, do you average in on the positions and exit when the indicator tells you or do you look for small profit for each individual trade? I look forward to your response. I am looking to trade only the futures market on the CME.

Thanks,
Lcfx

Hi Icfxtrader,

It is extreem high but depends on what instrument you place it on.
I use it on the BUND FGBL and I did not calculate the hitrate but it is absolutly higher then 80%.
At some point the previous week it generated 64 consecutive winning trades (not 1 losing trade in between).
I do not have any idea about the R/R ratio. I know that this doesn't sound very professional but you need to understand that this system generates so many signals ( +/- 20trades/day) that it is impossible to start to calculate everything manually over a longer period of time to come to a reliable R/R ratio.
And it would only give you an theorethical idea. Because in practise it is not possible to trade every trade during a day. One could do this for a couple of days but after you go nuts.

Personally I do it like this. I set myself a goal for each day.
I want to make +/- 1000€ in a day. If i have this from the start I quit. If I have a loss from the beginning I chase that loss till I get even and continue till I have my profit.
Since I started with this aproach I only once had to stop with a - 975€ loss at the end of the day. All other days were profit.

The system is build in such a way that indeed many times you need to average positions. But also makes that you only need to go a little bit the right direction to end up with a profit.
The exits are based on an indicator.And the averaged positions are looking also to this indicator in combination with the total position beeing in profit.

friendly regards...iGoR

iGoR · #**466** (**permalink**) 03-18-2008, 03:29 PM

Quote:

Originally Posted by fxprocessor

What is this Matrix system and what indicators do you use? If Igor is too busy to answer (emailed you already Igor) can someone else from the group PM me if you can explain?

thanks

Hi fxprofessor,

I know I answered the same question from someone and I don't know if it was you.
The aswer I gave was if you want to know more about it please come to the room.
That is if you are a member of course.

You need to understand that I'm not going to explain the MaTRiX system here on this topic. Because there is no purpose of having a privat room with a monthly subscription if I explain everything in public.

Hopefully you understand this. So if you would like to learn or know more about the MaTRiX system you are very welcome to the room.

friendly regards...iGoR