Zorro_Trading_Group by FXiGoR - Page 50

haubentaucher · #**491** (**permalink**) 04-06-2008, 09:44 PM

Quote:

Originally Posted by iGoR

Hi Dirk and Larry,

I can understand that it all looks a bit confusing.
The amount of contracts the profit I make, my account balance the margin required etc...

But if I can help a little bit...

I trade from a managed account. And the amount that you see is actually an amount that I placed on a sub-account of the managed account. With the money that you see one can trade far more contracts that I trade.
But I keep it very small.

If one wants to trade the MaTRiX scalping system there are severall ways to solve this.
Till 1 week ago I was in favour to only trade this system on the BUND because of the low daily volatility. But after swizzguy pointed me out to the eur/gbp I am convinsed that one can trade as succesfully on that pair then what I do on the bund.
The reason I do not trade the eur/gbp is because I do not have a forex account. I have a normal broker where I trade the currencys true cme futures.
The cme provides the eur/gbp but with a spread of 4-5 pips.
Impossible to be profitable with that spread. One needs to have a broker that asks maximum 2 pips spread. I explained in the room already severall times the reason for that. I gonna explain here again.
It is a scalping system. Scalping means that one needs to be pleased with 1-2-3 pips profit per trade. If one wants to make more on the intraday swings you needs to trade according systems like the standard zorro system. You can make this way 3-400 pips on a good day but also loose 2-300pips on a daily base.
With scalping you will make +/- 10-20 pips and only loose 10-30pips per day.
If I say make a profit of 10-20 pips you need to accept that this profit can be with 10-20 trades. That means that your profit per trade is 1pip/trade.
So lets say that you have an average profit per trade of 1 pip. And that you have +/- 10 trades per day. That comes to an average of 10 ticks per day.
That comes to 10ticks x 10€ = 100€ per day. That multiplyed by 22 trading days in a month comes to 2.200€ in a month trade with normall contracts and have a goal of 10 ticks/day).
That multilplyed by 12 months in a year comes to 26.400€! I can garantee you that this is an amazing! result.
And all this is based on only 1 tick profit per trade. The same example stands fore the eur/gbp on forex.
OK...now if we do not have this 1 tick per trade...that means that we have an average of 0 ticks or pips per trade we drop from a very profitable system or result suddenly to ZERO!.....YEP.

So first of all very important to know that EVERY single pip or tick is VERY VERY important. So if you pay your broker 1 pip or tick spread to much you turn a highly profitable system in a B/E or lossing system.

Secondly about the margin problem, as said it is not nescessay anymore to trade this from the BUND. For all the same you can trade this from a forex account on the eur/gbp.
If you want to trade this from the bund then one has again severall options.
You trade this from a broker that works direct on the eurex.
But you can also trade this from some spread brokers that allow you to trade mini or micro contracts and where margin is not that important anymore.

If you want to trade this from normall contracts then I sujest to trade this first with a demo account that reflects the same value/tick and the same account balance. If you manage to get away with a profit at the end of 1 month you can accept that you are suited to trade this system.
If you trade this then in real with normall contracts then is sujest that one needs to trade this from a 10.000$ account.
The maximum of contracts you can have in averaging out is 6. So 10.000$ is enough to cover this amount of contracts.
If one has only 1000$ at his disposile, as said you can go to spread brokers like WHC who offer mini and micro contracts and you devide everything by /10.

Hopefully this answer clears out some things.

Friendly reagrds...iGoR

Thank you very much for you long and clear answer. And I want to tell to you my great respect.

all the best

Dirk

tennis_2222 · #**492** (**permalink**) 04-06-2008, 10:15 PM

Swissguy,

txs for posting your eur/gbp matrix trades. If I may ask you when you traded it and made $ 189 using MB trading. do you remember what was your lot size?

txs

iGoR · #**493** (**permalink**) 04-07-2008, 08:00 PM

Today I did not trade because of explaining the new MaTRiX system on the eur/gbp.
The system produced 2 loosing trades where you see the 2 orange squares.
All the other trades (14) according the rules were winning trades.

regards..iGoR

iGoR · #**494** (**permalink**) 04-07-2008, 08:07 PM

The setup for the BUND today.
Quite amazing again!...
Every signal that was given lead to a winning trade.
I did not trade this today as explained in the previous psoting but people who trade this as miko and roodstaart had their goal achieved around lunch pauze.
congrats friends...
So this means that the bund generated 15 winning trades no loosing trades.
I know that this sounds pretty much impossible. But I do not claim that there one personn that would have all these trades. Because it requires a lot of concentracion to trade from these short time frames. But it does not matter what ever kind of trade one would have taken in each one of them was a winning trade accortding the rules.

to be continued...iGoR

iGoR · #**495** (**permalink**) 04-07-2008, 08:19 PM

Don't worry we do not forget the standard zorro system.
But today was a day off for the people who trade option 1 or 2 or 3.
But today was also a theoretical loosing day so that means that the people who trade the ZoRRo system have to work tomorrow.

This monring I descided something in the trading room. I know that some people want to trade the MaTRiX some other only want to trade the ZoRRo system and I feel that some people feel disapointed if I speak only about this or the other system.
So from now on when it is a trading day according the option 1 or 2 I gonna talk mainly about the ZoRRo system.
If it is so called a day off for the ZoRRo system, I gonna talk mainly about the MaTRiX system.
This way everyone will have a piece of the pie.

regards...iGoR

Yozhik · #**496** (**permalink**) 04-07-2008, 11:29 PM

I've just joined this forum and have read this thread with much interest ... but also much disappointment.

My disappointment comes from the way it has quickly been dragged into a schoolyard argument. The accusations and discord are pointless and simply beneath those involved.

Let me state my opinions - for the record;

1. from what I have seen on this forum and others, 85 Euros per month is more than fair. Has everyone forgotten the 20+ hours of FREE training Igor gave when TSR was originally developed?

2. paying more than 85 Euros per month when a big result is achieved ... and what? Performance = reward ... in ANY area.

3. if you can't stand the heat - get out of the kitchen ... if you don't like the content, don't like the fact that monthly fees are involved, don't believe in the system or don't agree with the way it is presented/promoted ... don't read the thread and don't participate. Easy

I'm new at Forex ... very new.
The amount of crap being offered here, there and everywhere is enough to send anyone reaching for the razor blades.

If I'm given a system that teaches me to trade in a live classroom situation, where the rules are strict, the situations real and the pressure is on ... but in return I get to learn something for the future and get to make more than I pay for the experience ... then the only question I have is; where do I sign.

Sorry, but this seems to be a "no brainer".

Why do some people always expect things free and with no effort required?

frantacech · #**497** (**permalink**) 04-08-2008, 09:47 AM

Hello Zorro traders,
I have one question.

Working profitable this system or no?

Artic wrote... 100% mechanical system, Igor wrote is is not 100% mechanical system. Hmm.

I want see result anybody another.

iGoR · #**498** (**permalink**) 04-08-2008, 10:07 AM

Hi Yohzik,

Tnx for the backup but as I said I would ask to remove that posting wich they wizely did.

About paying more then 85€ subscription when results are good or better :
The subscription stayed always at the 85€. I never asked a cent more when we had better results.
Even when we have 2 trading systems now.

Friendly regards..iGoR

iGoR · #**499** (**permalink**) 04-08-2008, 10:16 AM

Quote:

Originally Posted by frantacech

Hello Zorro traders,
I have one question.

Working profitable this system or no?

Artic wrote... 100% mechanical system, Igor wrote is is not 100% mechanical system. Hmm.

I want see result anybody another.

Hi Frantatech,

The zorro system is a 110% mecanical system. The rules are 100% clear and can not be debated. The rules are written down in a word document.

The MaTRiX was a partly mecanical partly discretionay system.
Yesterday I released or introduced a new MaTRiX system that has again 100% mecanical clear rules that can not be debated in any way.

About your request for results.
Your question has been asked by severall others in the past.
As I then said, people do not have the need to proof to the people who are not in the group what their results are. It is a privat group and people say at the end of the day in the room to eachother what their results are and severall do this with the help of printscreens.
The people in the room know what their results are if they follow the rules 100%. Others who have results that do not match no way near the official results know that they do not follow the rules to the letter. Or are only trading part time.
But again people do not feel the need to proof anything to people who are standing on the side line or who are skeptical.

One thing you can notice is that there are no people who make postings who do not agree with the results that are in the spreadsheets.
If they do not agree with these results they can always point me out to the fact that those results are not correct or cheated or what ever. Of course a human error is always possible. But that can be in minus or in plus.

Friendly regards...iGoR

frantacech · #**500** (**permalink**) 04-08-2008, 10:47 AM

Quote:

Originally Posted by iGoR

Hi Frantatech,

The zorro system is a 110% mecanical system. The rules are 100% clear and can not be debated. The rules are written down in a word document.

Friendly regards...iGoR

Hello, you wrote Zorro is 110% mechanical system. BUT. My partner (shuttleostrava) offer to you EA yesterady. 110 % mechanical systém is optimal for EA but your answer - backtests was bad with used EA. I am confused. And another idea. When complet EA is bad, what about semi-EA ? Only manage first blue targer line and change S/L on blue dotted line. Because this situation can appear anytime, not in quarter of hours only !!
I have interested in results because I am sure that this sytem is profitable to you, but someone who starts is loser (shuttleostrava). He trade exactly your rules, but yesterday (for example) on GBP/JPY was disastrous. Due to I would know if many losses on S/L will be cleared by big wins in future.