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i think Dan has proven himself to be a survivor and with the attitude he has i think he will be very successful.
i think we all can learn from him on how to brush aside negative comments.
happy tradingYes, I agree.
dear dan
first i would like to thank you that you are offering us this amzing method
second
i won alot but i losst more and in the end of 3 years i alomst lost 11,000 usd
, i do not care cause i love htis dead business
however
seems nothing to be working unless there is a clear move, all indicators are running after prices however it is nice a looking indicator or not
so i will try yoour way every day and i think this will be my last thing to do before quite this deadly game
thanks again and may god bless youThanks, and Go Bless You!
...........1 lot buy ~ Stop = 25 ~ Trailing Stop = 25 ~ Limit = 50
If Loss, 1 lot sell ~ Stop = 24 ~ Trailing Stop = 24 ~ Limit = 51
If Loss, 2 lots buy ~ Stop 23 ~ Trailing Stop = 23 ~ Limit = 52
If Loss, 3 lots sell ~ Stop = 22 ~ Trailing Stop = 22 ~ Limit = 53
If Loss,then You would have a total of 4 losses so far. In this case, we did
not have any breakevens, but if we did then, 2 breakevens would
count as 1 loss. 4 breakevens count as 2 losses.
Anyway, when price goes 22 * 2 = 44 Pips in some
direction after the 4th loss, we then trade 5th trade, which is 5 lots,
then trade the 6th trade, which is :
4th trade loss, then 5 lots buy ~ Stop = 21 ~ Trailing Stop = 21 ~ Limit = 54
You get it? If the 5th trade losses, then we wait 21 * 2 = 42 Pips in some direction after the 5th loss.
5th trade loss, then 8 lots sell ~ Stop = 20 ~ TS = 20 ~ Limit = 55
So, each time You lose :
1) Stop get smaller by 1 pip
2) Limit gets bigger by 1 pip
3) Trailing Stop stays the same as the Stop
4) Next trade would be the opposite
So, each time You win :
1) Go back to level 1, with 1 lot, 25stop, 25ts, and 50limit
2) You WILL cover all Your previous losses, and make a big profit
3) Be happy, and keep on trading from where You won....
and so on....do You get it? I will be happy to answer any questions anyone might have.......
Thanks,
Dan.;)
Don't mess it up. Go to page #2, I explain everything.
Dan - okay, so if you win you keep on with "level 1" type positions until your lose and then you begin your sequencing.
"5) If You win, go back to level 1 (50 Stop, 25 Limit, 25 Trailing Stop)"
so, the progression of logic follows (just making it clear since in your response it seems contradictory)
Level 1 buy (1 lot 25p SL and 50p TP) - win;
repeat level 1 buy (1 lot 25p SL and 50p TP) - win;
repeat level 1 buy (1 lot 25p SL and 50p TP) - lose;
Level 2 sell (1 lot 24p SL and 51p TP) ...
Sorry this may seems drawn out, but just want to make sure I have the logic completely down when manually backtesting and reviewing the ea.
thanks!
mike
hey a funny thing happens when you open your eyes and read all the posts
just read post #75 and understand...thanks
Dan - okay, so if you win you keep on with "level 1" type positions until your lose and then you begin your sequencing.
"5) If You win, go back to level 1 (50 Stop, 25 Limit, 25 Trailing Stop)"
so, the progression of logic follows (just making it clear since in your response it seems contradictory)
Level 1 buy (1 lot 25p SL and 50p TP) - win;
repeat level 1 buy (1 lot 25p SL and 50p TP) - win;
repeat level 1 buy (1 lot 25p SL and 50p TP) - lose;
Level 2 sell (1 lot 24p SL and 51p TP) ...
Sorry this may seems drawn out, but just want to make sure I have the logic completely down when manually backtesting and reviewing the ea.
thanks!
mikeDan - okay, so if you win you keep on with "level 1" type positions until your lose and then you begin your sequencing.
"5) If You win, go back to level 1 (50 Stop, 25 Limit, 25 Trailing Stop)"
so, the progression of logic follows (just making it clear since in your response it seems contradictory)
Level 1 buy (1 lot 25p SL and 50p TP) - win;
repeat level 1 buy (1 lot 25p SL and 50p TP) - win;
repeat level 1 buy (1 lot 25p SL and 50p TP) - lose;
Level 2 sell (1 lot 24p SL and 51p TP) ...
Sorry this may seems drawn out, but just want to make sure I have the logic completely down when manually backtesting and reviewing the ea.
thanks!
mikeYou've got it my friend !!!!!!!
Thanks Mike and Dan!
Thanks Mike and Dan!
I wasnt clear if you went opposite on a win or not, but now I know. Thank you both!
Hello
Great Gale
But if there is an EA it will open 1 postion if we attach the EA to the chart... so that means. Everyone has different trades, i think its better to put a time to begin from Level 1, or an Indicator... to open a position.
Otherwise you must maybe only be a little bit lucky... or not... if you start the EA in the middle of a trend, or at the beginning...
So i think you have to be lucky at the time you start the EA and win, or not and lose..., and this market wont work with luck...
Anyway
Looks like a great new DanTINGALE System, with a big black hole...
So there must be a decision to open a trade... Time or Indicator...
Regards
Hello
Great Gale
But if there is an EA it will open 1 postion if we attach the EA to the chart... so that means. Everyone has different trades, i think its better to put a time to begin from Level 1, or an Indicator... to open a position.It's at the beginning of the month.....and just let it go....when exits, enters at the same time...
Otherwise you must maybe only be a little bit lucky... or not... if you start the EA in the middle of a trend, or at the beginning...
So i think you have to be lucky at the time you start the EA and win, or not and lose..., and this market wont work with luck...
Anyway
Looks like a great new DanTINGALE System , with a big black hole...
So there must be a decision to open a trade... Time or Indicator...Time. Maybe, with indicators, we'll see what the other guys have to say about this...
Regards.................