4/30/2010

What a great week:) + almost 50%

Wonderful week for my trading. 8 wins and only 1 loss. That means plus almost 50% in one week... Account statement follows:)

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6 comments:

  1. MarquesMay 2, 2010 at 11:19 AM

    Hello, first of all great blog you got here and great results. I only knew your blog since you post a review on 1minute on FPA.
    I'm also a 1minutedaly user since mid March, i'm having good results but not good as yours.
    I have a few questions to you if you don't mind.

    1 - Between trades 1 and 30, how many mini or micro lots did you trade?
    2 - Now that you have passed the 1000 "barrier", how many mini or micro lots are you trading.
    3 - Do you follow the system as it is or made some modifications to it?
    4 - Your trades are mainly 1minute or other system you have?

    I'm asking the forth question because i'm using Ichimoku charts and 1 minute and somtimes Ichimoku wipes in one trade the gains of 1minute in almost one week.

    Thank you

    Sorry about my English.

    ReplyDelete
  2. SlurpeeMay 2, 2010 at 5:32 PM

    Hi Marques,

    thank you for posting here.

    1) I trade always as many micro/mini lots as per my money management. As I said here, I risk 10% of my account every trade, which would be normally too much, but I trust this system. I use an excel sheet I made for myself to count how many mini/micro lots I can trade. I can send it to you. I started at about 3-5 micro lots,

    2) now I trade around 20-30.

    3) I follow the system stricktly, only sometimes when the price gets close to profit target I move my SL at least a little bit or to break even. I can send you my history of trading, since you bought the system, it is nothing against the copyright I guess.

    4) Most of the trades are from 1 minute, but the other system, position trading, is more fun and teaches me more about the markets. The trades last longer...

    My advice, dont trade Ichimoku:) 1 minute will make you money and you can train Ichimoku on demo until you learn. And what broker do u use? I use a broker with 1 pip spread ony USDJPY and GBPUSD, that can make a difference.

    Take care and dont worry about your English at all! It is just as mine:)

    Slurpee

    ReplyDelete
  3. AnonymousMay 3, 2010 at 4:31 AM

    Hi Slurpee

    I am very impressed with your results, I just wanted to ask you a couple of questions if that’s ok.

    1) How many pairs do you trade with this system ?
    2) Could you please send me your trading statement ?
    3) Do you spend much time monitoring the trades or do you just set them up and let them run

    Cheers

    Brettski

    ReplyDelete
  4. SlurpeeMay 3, 2010 at 9:48 AM

    Hi Brettski,

    Thank you!

    1) I trade all pairs. In position trading/swing trading. In 1 minute daily I trade only GBPUSD and USDJPY.
    2) I put my statement here...
    3) Position trading/swing trading - I spend about hour or two a day monitoring the charts and my trades. 1 minute daily - I set the trades and look at them three to four times a day, for like 2-3 minutes. If the trade moves my direction most of the way to profit target, I move my SL a little bit, not to take full loss if it turned against me. But I dont think this is necessary.

    ReplyDelete
  5. MarquesMay 3, 2010 at 10:48 AM

    Hello Slurpee and thanks for your fast reply.
    About my broker it's Exness (one of my live accounts) and that's the account where i'm using 1minute, they are awful. Right now they their spread is GBPUSD - 4 pips, USDJPY - 3 pips and GBPJPY - 8 !!!!
    I don't advise them to anyone, besides i'm trying to withdraw some of my money and it's problems after problems and no money.
    About Ichimoku i trade in 15m charts, don't like to trade in less time charts.
    This week i'll follow you advise and start trading more micro lots, now i'm trading 1 and 2 micro lots.
    Thanks

    Cheers
    MarquesMaiden

    ReplyDelete
  6. SlurpeeMay 3, 2010 at 12:00 PM

    Marques,

    I use FXClearing.ca, if u have under 1.000 USD you get spread 1 pip on major pairs. They now disabled to me because I have more than 1.000 on my account. Sometimes the platform seems a bit slow to me, but for 1 min it is great, because you put stop orders.
    You should always trade as many micro lots as your MM tells you. I risk 10% which is a lot, but it works. Always count how many lots you can trade in each trade!

    Tomas

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