Strategies, Systems & Indicators

[Edward]

After Madhav and Sumit, it's time for the new kid on the Block our own Ashish..
Look at his statement which he has traded completely with Lazy Boy. I request ashish to share and comment about his experience trading with Lazy boy and also about Money management and other due diligence one needs to follow in order for any strategy to be successful.
He started with a 3000 usd account in July, made 723 dollars in July and from august he has added another 600 odd dollars, trading 0.1 lots and a max of 0.3 lots...

 

[Sunny1]

maidass , where are you ?
wanted to see rest of your performance.

 

[cool_kk]

Edward,

Welcome back!
Good to hear one more success seminar.

I was asking members, how they are using lazy boy.
I thought they are using 1 min But look like they are using 30 min periodicity

TC
kaps

 

[asitasu]

thank you dear biswajit for providing exe for "lazay bou sys". asyou have rightly requested to dear edward to update link in first page, i am also endorcing & requestin edward to do it at earlyest.

as far as trade list i will start posting my views from freiday onwards.

thank you to all traderji members for fruitful discussion & guidence in trading.

asit.

 

[Tavnaz]

Dear Edward,
The results as you said are very impressive.
And congratulation's Ashish for very good results and exceptionally good performance.
And dear edward, i wanted to say my copy of Lazy boy has also expired, kindly tell me how i can get a new one.
Thanks
Tavnaz

 

[ashish1802]

After Madhav and Sumit, it's time for the new kid on the Block our own Ashish..
Look at his statement which he has traded completely with Lazy Boy. I request ashish to share and comment about his experience trading with Lazy boy and also about Money management and other due diligence one needs to follow in order for any strategy to be successful.
He started with a 3000 usd account in July, made 723 dollars in July and from august he has added another 600 odd dollars, trading 0.1 lots and a max of 0.3 lots...

Hi Friends,

This performance posted is a mix of many entities...The crux is the lazy boy system...then there is money management and profit taking strategy..

We all know lazy boy works and the results posted prove it. To achieve this results u need to sit in front of ur machine for as long as possible and keep on taking trade after trade as per the system..This develops faith n nothing is more crucial to success than faith in what u trade..Dont be in any hurry to get into the trade...Make the entry as per the rules and let the market do the rest..

For testing the system i decided on some parameters.I go out with 0.3 lots ... I target 10pips first..so when i reach at 10pips i book 0.1 lots and wait....next step is to keep a watch on the market..try to get max juice on the position....and dont worry if u booked at 20pips and market moved to give u 50pips ..cos i think there are n number of opportunities to make those pips...just be patient...Also once u book ur profit and the position still goes in ur favor avoid re entry just to cash on those pips....most of the times u may burn ur fingers...

Well this is what i have been doing and the results are for u to c....The moment i write this my statement shows a profit of $815..

Any questions pls feel free to ask.....

 

[touchfx]

Dear Ashish,
first of all CONGRATULATIONS for your consistent n awesome results. it will certainly motivate the newbies like me to trust lazy boy more n deeper.
I asked this question in my previous post as well. but none replied.
You also said that you open a trade with 0.3 lot and close .1 lot after u book certain a profit. How can v close a percentage of the trade and keep the remaining running lot for longer time?
Thanks in advance.

 

[Edward]

Dear Touchfx and others who would like to know how to close a part of your total positions...

When you right click the order from the terminal and click close order... you will get the close order window, in the close order window at the top you will see a pull down menu for the lots... click and select the partial lot size that you would like to close... and then click Close order.... eg. if you are trading .5 lots and want to close .3 lots, select 0.3 from the lot size menu and click close..... that's all...

You know, I am very glad about this thread, it has achieved what actually I was hoping to achieve with this thread... Ashish is a young dynamic fresh management graduate.... a new comer to forex, and look the kind of language he speaks in forex.... is really amazing.... I would like to thank all the other active members here, 'look what your contribution has done to so many people'. If we can work creatively and constructively, we will surely create a young & educated generation of forex traders in India...
Ashish, thanks a ton for all your efforts and diligent ways of trading.. God bless you and prosper you.

Right now, I have so much of work and commitments to keep that, it looks like I will go mad by this weekend.... God bless me....
Will keep posting as and when I am free from the pending tasks... so take care and happy trading...

Dear Ashish,
first of all CONGRATULATIONS for your consistent n awesome results. it will certainly motivate the newbies like me to trust lazy boy more n deeper.
I asked this question in my previous post as well. but none replied.
You also said that you open a trade with 0.3 lot and close .1 lot after u book certain a profit. How can v close a percentage of the trade and keep the remaining running lot for longer time?
Thanks in advance.

 

[touchfx]

Dear Ashish,
Plz let us know if its a demo account or a live one (not that it matters with yr performance though).
And also what leverage r u using?
Dear Edward Sir & Ashish, if i have booked profit on a trade on a 30 Min TF, and if the trend / market is favoring me on 1H, and 4H TF in the same direction that i book the profit, can i keep my trade open for more time or do i buook my profit n await a fresh signal?
Thanks in advance.

 

[touchfx]

Dear Ashish,
Plz do let us know what TF do you predominantly use and do you trade particular currency pairs in particular time zone. If you trade different currency pairs in different time zone, Plz do educate all of us on the same. It will certainly be very very useful.
Thanks.