ROI Upgrade!

[pipgod]

Using a piece of note book paper, a calculator, logic thinking, and a ton of math, I have upgraded my trade style. Gains should be more consistent, losing trades should have less of an impact, and margin consumption should be much lower over the duration the position is held. This upgrade takes more advantage of channel trading since the pairs channel more than they trend. My son trading only $2,000 was the first motivation for the upgrade. My daughter will be going live soon as well.

Hobbit is putting the final touches on the last few demo tests. He is trying to margin call it. He is using different account balances, currency pairs, and market conditions. Of course to be real accurate he would have to test the whole year and for many years. The style just before this one was not so prone to mistakes. This upgrade will be even better. I guess that’s why it is called an upgrade.

The demo parameters remain the same. Account balance is $1,000, leverage is 400:1, and one lot will control $1,000. My son is trading a live account using this style as well. He will be trading a little conservative considering the demo testing is not yet complete.

I will have this fully put together tomorrow. I will place the firs trades near 5:00 pm EST. My favorite time to close positions and enter new ones. The last $1,000 dollar question had a 70 something percent ROI. This one should be better or I guess I will not be able to call it an upgrade.

Until tomorrow!

[traitor]

You sir, are a braggart and a tease.

Good luck to you, though.

[pipgod]

I am very sorry!

I had my daughter read it to see what she said. She said that she knew me and understands where I was coming from. But not ever one knows me. She said that it does sound boarder line as Traitor thinks.

I wish I had her proof read it for me.

I am very sorry.

[pipgod]

From post you pips #183,

Is it sweeter to get a trade style for free or to upgrade one to fit you needs and personality? I like my trade styles. They say this is a creation that started in my mind.

An idea that piptigress (my daughter) had, she wanted to know why some people didn't take the trade styles on babypips.com and upgrade them. I let her know I would mention it.

Up grade away, my friends. Have fun with it.

[pipgod]

Originally Posted by traitor

Good luck to you...

Thank you traitor.

Blessings to you.

[pipgod]

Today I have opened a couple positions. Here we go!

[pipgod]

Well now,

Not bad for a friday.

$15.67

[shadow]

Eh pipgod you mind PMin me to tell me what you did, just like a sentence, if you looked at past data, just reviewed your strategy, or whatnot, I don't wish to know what exeactly you did, since my research I do is quite robust (haha I've been using that word alot lately). Thanks, if you don't no worries eh it's cool, it's not my strategy I have to develop it's myself. Have yourself a good one!

[pipgod]

If you mean the first post.

I changed the strategy to fit a lower account balance for my son. The up side is that it might be more profitable all the way around. The risk calculates to be lower, and money management does a better job of taking care of it's self. The whole thing is more mechanical with smoother gain cycles.

Hope that answers it. I'm not sure.

[shadow]

Eh pipgod, it seems I sent you a PM but nothing back? I'm not mad or anything, but you seem to be good for quick responses. Is your inbox full, why can't I contact you? did you even get the thing? I even sent you one a while back and no avail. Anyways please respond to this, thanks eh.