要是有达人翻译成中文就好了

强烈支持下

要是有达人翻译成中文就好了

感觉这个医生的策略还是很值得学习的，而且这个人也用小资金重现了几次，说明他的策略有一定的可复制性。

mysticgenie Nov 22, 2007 2:00pm

Sorry friendz---I'm travelling this weekend----hence, I won't be able to reply in timely manner---Thanks Buddhi for answering some of the boarders' queries---as for the other questions, please read thru the whole thread--- you will find the answers---

on Rogers' query, I only take on longer TFs 1H & above---

On Euclid's query, good question---although I don't follow the equation closely---I start increasing my position size from 10% of my capital onwards as my winning percentage increases along with my confidence ultimately capping at 30% of the floating capital.

Happy Thanksgiving.

mysticgenie Nov 18, 2007 2:13pm

Lots of comments---wow, I never knew I'll stir a hornet's nest---lol--thanks smjones, tdion, imransait, budhi---all other knowledgeable folks---yes it is possible & there is nothing magical--it's just that i used a very bold MM in a way I'm going to explain later---

Oh, btw, I'm a young MD in early 30's (just to clarify some of your doubts)---I have been trading about a yr & this helps me to relax (yes it's true guyz---trading has much less stress than medicine---believe me) & I enjoy both the worlds very well---why not driving, coz I live in NYC & never felt the need of it & gave any importance before---

Regarding smjones' query: yes, I have been doing it for quite some time, but from last mth onwards raised my stake somewhat from increasing confidence level & more free time from my work--lol--did it last mth w/ 450 usd to 60k in 2 wks--- usually I'll attempt 3 times in a mth at the maximum w/ 500-1000USD at a time when I feel confident about market direction (this mth I managed this on my 2nd attempt).

Now the strategy in brief:

The strategy is very simple with some fine nuances which I'll not be able to explain fully as I also use my intuition a lot.

I use simple trend following strategy based on 4H, daily & wkly TF (PA as per James 16 thread)--- I use 1H TF for entries & exits---I also apply candlestick pattern, laguerre (see Imransait's thread) & Demark lines (Mouteki thread) for estimated target points---now I do not use any firm SLs---if the position goes a/g me (say by 100-150 pips in case of G/J), either I'll bail out & reverse (if the reverse trend is strong)or will simply hedge to try to come out b/e (minor retracements)---at the same time I keep an eye on wkly COT report (see cateful's thread) & equity markets (a big time for me as I am trading carry pairs) to assess market sentiment for that particular day---I avoid early US sessions (that's when i usually sustain my losses & market is also little undecided) & try to figure out next market direction from late US session onwards, e.g., if you see dow is closing strongly, you can be assured that asian markets will open strongly & G/J will move by atleast 50-100 pips from late US session onwards---I prefer to trade in late asian & early european sessions (besides being free from my work usually, i somehow can feel those markets better)---this is the time I'll try to increase my leverage to maximize my gains---I follow fib numbers to increase account size i.e., 1,2,3,5k----I decide on lot size as I risk b/w 15-30% on each position---I trade manually btw, no preset orders for me---i'll never forget the feeling of putting in 60 std lots in a mini account---lol

Last, but not the least, BEGINNERS, PLEASE DO NOT TRADE THIS WAY WITH YOUR HARD EARNED MONEY YOU CANNOT AFFORD TO LOSE, UNDERSTAND WHAT YOU ARE DOING & THE CONSEQUENCES (TRADE YOUR PLAN, PLAN YOUR TRADE).

mysticgenie Nov 18, 2007 8:33am

Hello Friendz,

Thanks for all the compliments & brickbats--lol

Some of you already pointed out the danger assoc with this system--Yes, I fully agree that you cannot trade like this day in & out---a surefire way of giving back all your profits---I already said this is my 'wild thing' account, not the usual way I trade---this is only for 'binge trading', say, I'll do this only for a wk or so & will take the profit & run--lol--yes I set a target for myself to keep myself motivated--- And during this time I hardly sleep more than few hrs a day as I always keep an eye on my account---

I took my account statement off, as one of you already pointed out the real account no. (I did not notice that it is mentioned in last column)---I like FXCM & never had any problem in withdrawing money this time or before (usually withdrawal is completed within 24-36 hrs in US)--- I think FXCM is one of best among the retail trader segment (provided you are not a scalper, i.e., 5-15 pips like thing).

I am not here to prove myself or something like that (belief is totally personal thing)---I posted my result just to show that it is possible to get an amazing return from forex in a short period of time if one keeps his/her emotions away from trading (i.e., the growth of account is directly proportional to your pain tolerance)---the moment your head starts reeling from the amount of money you won, your trading will suffer & that's the time to stop & withdraw your profits---yes I could have gone on & made it to even higher ( coz, only 1 hr after I stopped trading this account, G/J dropped like stone from BOE infiation report)--But, i decided to stay away as that was my pain tolerance for this mth--lol (I have to worry about taxes---this is the year end folks!!)

I enjoy forex trading, but I'll never take it as my profession, coz I'm already in a very noble & rewarding profession ( any American will know which one i mean)---Some of you suggested to buy a Porsche---now i'm going to drop another bomb--ready?--I don't have a driver's license yet-lol--that's my next agenda to make it happen ---and I'm also single--need to find a girlfriend also (preferably a trader who follows good MM--lol)