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El Cid, as I alluded to in one of your other threads, practically any break-out strategy is working atm - jgerousis's Hans123 is up big, even my silly Daily Hi/Lo EA is up (see pic.)
What you were quick to point out though is that B/O strategies are not consistently profitable - and that applies to yours as well as any other! |
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It is now oilfxpro from now on as this is the name on other message boards. What you unprofessionals don't seem to realise is you mix strategies and use wrong strategies for forex and haven't got a clue what you guys are talking about. Breakout strategies work very well on commodities especially seasonal commodites.Trying to use breakout strategies designed for seasonal commodities on forex is nothing more than amateurish ,and those who give this advice are total amateurs Commodities do not trade in a range as much as currencies do, so don't compare apples and oranges. OILFXPRO |
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El Cid/Oilfx, the very fact that you are perpetually setting yourself up as commercial seller is a sure indication that you have failed to "go it alone" as a trader and are looking for other avenues to profit from.
So no matter how many times you refer to yourself as a "professional", in the end, to most it is little more than meaningless rhetoric. Personally, I have no problem being labeled an amateur, albeit one that does this full-time and for a living. Maybe if/when I reach the stage that I am consistently profitable, I may review this outlook, but not before - unlike your good self! |
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Most of you change from strategy to strategy like total amateurs,I think very few people on the boards are able to implement such a thing or have the discipline to run with one strategy. As you will already know or soon find out, having a successful system is really only the start, running it live with real money and staying consistent and confident through all the turmoil is in many ways the hardest part. Watch when the market changes and losses start and you see the amateurs bouncing from pip to pip ,and from instrument to instrument and from system to system and from currency pair to currency pairs.All these are signs their breakouts ,moving average system or pip bouncers are not working. All the signs of unsuccesful traders trying to convince newbees OILFXPRO |
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Sell this system and raise $100k OR,join the demo monkeys
![]() But this system is free on the net Nowadays don't need more than $10 k to trade oil with brokers ODL trading as low as 0.2 lots OILFXPRO |
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| Posted By | For | Type | Date | |
| Profitable Forex Trading Systems/Strategies/Methods - Page 2 - T2W Day Trading & Forex Forums | This thread | Refback | 01-30-2008 03:50 PM | |
| Profitable Forex Trading Systems/Strategies/Methods - Page 2 - T2W Day Trading & Forex Forums | This thread | Refback | 01-30-2008 03:35 PM | |
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