My holy grail Las vegas casino style day trading strategy

[anup]

Gotta say, I completely agree with Jahan. This sort of systems very well untill 1 day it doesn't work and most of your capital is gone.

I have seen a system which had 93% success rate and it gave 6 consecutive loosing trades. Probability of that happening was once in more than 424 years, but it happened.

Which system had such a high success rate??

 

[jahan]

Thanks internetfanboy
.............

regards,

 

[jahan]

Gotta say, I completely agree with Jahan. This sort of systems very well untill 1 day it doesn't work and most of your capital is gone.

I have seen a system which had 93% success rate and it gave 6 consecutive loosing trades. Probability of that happening was once in more than 424 years, but it happened.

hello,
yes ur right internetfanbboy .i don't no why people r not Accepting the fact that to be succesfull we don't need holygrail,even with 50% success system we can make good money .

regards,

 

[internet_fanbboy]

Which system had such a high success rate??

It was a system with below par RR (Around 2.5:1), I think its not that difficult to make a high Success rate system if you are ready to compromise on RR. For instance choose two MA's of your choice (Fast and Slow) trade them on daily for small profits, Success would be 80+ easily. Add in some tweaks for Ranging markets and success percent goes up.

 

[rajgreenpeace]

Hello,

About this System( My holy grail Las vegas casino style day trading strategy).

1). First of all its not Holygrail.(holygrail doesn't exits,and if anywhere it exits, holygrail doesn't have stop-loss hit in its Dictionary)
2).Its a discretionary system.
3).Totally depends on so called TV experts (its their own view and often they are wrong).
4). This system doesn't utilizes,"lets profit Run",it has predefined take profit level,even though if markets goes 50-60 points in favor.
5). it uses Martingale Position sizing method,which has serious drawdowns (According to rajgreenpeace he never faced more than 5 consecutive losses,which means on 6th trade u need to bet/trade 32 lots, plus u already taken loss on 31 lots from previous 5 trades,which means to be able to trade on 6th time after 5 losses u need Capital of around 63 lots, off-course including leverage ),to come to breakeven plus 1 lot profit of around 15/25 points, i think its not wise position sizing.

...........These all are my own views and my views need not to be correct in accordance with ur views.

regards,

Back test..........and then comments.............dnt rely on expert u can apply ur own system.........and find todays market trend....simple.......from next monday I will post my live trading..........now u can trade with me.............:clap::clap::clap:

 

[rajgreenpeace]

Gotta say, I completely agree with Jahan. This sort of systems very well untill 1 day it doesn't work and most of your capital is gone.

I have seen a system which had 93% success rate and it gave 6 consecutive loosing trades. Probability of that happening was once in more than 424 years, but it happened.

Thats why I trade.....with........presnt trend.........with expert view.........paper trade.....then reply

 

[STEELKING]

Gotta say, I completely agree with Jahan. This sort of systems very well untill 1 day it doesn't work and most of your capital is gone.

I have seen a system which had 93% success rate and it gave 6 consecutive loosing trades. Probability of that happening was once in more than 424 years, but it happened.

You are right such systems do exists.... :thumb:

 

[jahan]

Back test..........and then comments.............dnt rely on expert u can apply ur own system.........and find todays market trend....simple.......from next monday I will post my live trading..........now u can trade with me.............:clap::clap::clap:

Hello,

Thanks for Invitation, but ur Startegy/System doesn't fit to my mentality,and ur money management strategy(i.e. Martingale) is for Gamblers, and iam not a gambler,i treat trading as a business, and i take the Risk that i afford to loose on every trade.

and iam Wishing u All the Best for ur futures trades from my inner side.

Regards,

 

[rajgreenpeace]

Hello,

Thanks for Invitation, but ur Startegy/System doesn't fit to my mentality,and ur money management strategy(i.e. Martingale) is for Gamblers, and iam not a gambler,i treat trading as a business, and i take the Risk that i afford to loose on every trade.

and iam Wishing u All the Best for ur futures trades from my inner side.

Regards,

Ok let me clear you I wrote MY HOLY GRAIL.....not your or others........as I earned 16.7 lacs in last six month...number 2.as far as GAMBLING is concern...u can see head line LASVEGAS CASINO.......i am not a gambler.....because I trade only 3 mnt...........and 15 mnt in a week.........gambler r greedy and play 24 hours.......now you decide who is gambler.........its one of my strategy......of strict money management.........as far as MARTINGALE is concern.....I know its applying in FOREX trading.......for that you need infinity money........I will reveal why m success with this strategy .........but Negative people pls stay away from this thread.......suppose u r in a shopping mall and suddenly one bullet hit your hand....n u r hospitalized.....if u r negative u will tell ur frnd that u r unlucky bcz bullet hit u among 1000 people......but positive people wil tell...he is lucky that bullet could hit his HEAD instead of Hand.....:clapping::clapping::clapping:

 

[prabhsingh]

What about people who cant watch TV as they have to do 08:00 to 05:00 job.Isn't there any pre-work that we can do with your system to trade next working day?

Raj Bro,

Kindly can you reply to my above query and how can we benefit from your strategy.Cheers mate.