OP07 December, 2022 - 05:12 PM(This post was last modified: 08 December, 2022 - 03:45 AM by CasualInvesting. Edited 1 time in total.)
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(07 December, 2022 - 01:05 PM)semy Wrote: Show More
do you have any backtesting results you can share? Am interested in the auto option
You can check the main post for the last trades i've made. I backtested more though and its at a 83% WR right now. I'll continue to post daily updates once there's a trade made.
(07 December, 2022 - 12:02 PM)usergold11 Wrote: Show More
What's the maximum drawdown per trade?
Depends on how much you risk. If you risk 1% per trade the max you can lose per day is 2%, if you risk 5% then 10% per day. 10%, 20%. So i recommend sticking between a max of 5% to 10% per trade for a personal account and 0.5% for a prop account. You're only allowed to make 2 trades per day so your risk is limited.
Edit: Whoever bought the ebook pls contact me so i can send you the updated version!
Fortune me I had a chance to review Casual's Forex trading method. Let's see if its worth 50$
I must say it is a GREAT ebook for beginner, or even intermediate who lost their way in Forex trading. The whole ebook contain 8 pages
with enough resources to start https://imgur.com/TgetDss. Enough is EVERYTHING was put on the table so you can use them. From recommend broker, how to setup from A-Z, texts, images, videos. From main method to detailed examples... blah blah... It had ALL. He did really AWESOME job after taking my advices about improving his ebook. Definitely a bonus point for him.
The main theme of the method is using some indicators to find profitable trades. Not some bullshit method which anyone can write, he backtested it CAREFULLY, and do it EVERYDAY (check his real trade on first page please). He agrees his method is >85% win rate, that's quite high in Forex and you must know, there is no holy grail in trading. And no complicated knowledge or hard line to draw which can blow your brain with 1 page. It's SIMPLE. Thats all about learing, testing, and trying. In this method clearly he was testing it for atleast 6 months before put it in real trade, and open an automated service as you can see.
So if you are too lazy to do the method yourself, don't hesitate to use his service yourself. You won't regret it for sure.
What else I can say? Nothing. Since his ebook was good from the start, now its better with more baby-sit informations so you can execute everything. Not just setup, you will even learn how to avoid false trade/bad trades and detect good trade. His bonus tips are amazing too. Pretty sure you won't need to
ask him much things relate his ebook. But if you want, just do it and he will solve everything with a PROFESSIONAL ATTITUDE.
In short, everything in his ebook is:
- Easy to setup
- Straightforward to learn and follow
- Profitable proved
- Great support
Worth to the last cent you spend on it.
But still, never forget that market is always market, there is always risk in trading, so you need to BACKTEST before real trading.
(08 December, 2022 - 04:52 PM)Kambe Wrote: Show More
Fortune me I had a chance to review Casual's Forex trading method. Let's see if its worth 50$
I must say it is a GREAT ebook for beginner, or even intermediate who lost their way in Forex trading. The whole ebook contain 8 pages
with enough resources to start https://imgur.com/TgetDss. Enough is EVERYTHING was put on the table so you can use them. From recommend broker, how to setup from A-Z, texts, images, videos. From main method to detailed examples... blah blah... It had ALL. He did really AWESOME job after taking my advices about improving his ebook. Definitely a bonus point for him.
The main theme of the method is using some indicators to find profitable trades. Not some bullshit method which anyone can write, he backtested it CAREFULLY, and do it EVERYDAY (check his real trade on first page please). He agrees his method is >85% win rate, that's quite high in Forex and you must know, there is no holy grail in trading. And no complicated knowledge or hard line to draw which can blow your brain with 1 page. It's SIMPLE. Thats all about learing, testing, and trying. In this method clearly he was testing it for atleast 6 months before put it in real trade, and open an automated service as you can see.
So if you are too lazy to do the method yourself, don't hesitate to use his service yourself. You won't regret it for sure.
What else I can say? Nothing. Since his ebook was good from the start, now its better with more baby-sit informations so you can execute everything. Not just setup, you will even learn how to avoid false trade/bad trades and detect good trade. His bonus tips are amazing too. Pretty sure you won't need to
ask him much things relate his ebook. But if you want, just do it and he will solve everything with a PROFESSIONAL ATTITUDE.
In short, everything in his ebook is:
- Easy to setup
- Straightforward to learn and follow
- Profitable proved
- Great support
Worth to the last cent you spend on it.
But still, never forget that market is always market, there is always risk in trading, so you need to BACKTEST before real trading.
(09 December, 2022 - 07:07 PM)daronktv Wrote: Show More
Do you use martingale in your strategy? I saw at your statement that you use 6 lots but one time you used 12 lots.
Nah it was a special condition, was trying to push something on a prop acc. but I would not do that for the auto trading and I wouldn't recommend it for manual trading. Normally it's 1 trade a day or 2 if the first one lost.
(09 December, 2022 - 05:29 PM)Johnyprez Wrote: Show More
What’s the minimum start capital investment?
any amount is good. I have a myfxbook cooking that has a $2 starting capital and another account with $20. I've only just started growing them so will post once it reaches a bigger amount.