The Forex Portfolio - How to Gain Consistent Profits by Staying in the Market 24/7 - Page 135
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  1. #1341
    Join Date
    Mar 2009
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    4,666
    Quote Originally Posted by Beijin View Post

    I think, instead of asking so many questions, it would be better (and we would appreciate it very much) if you could tell us how you are trading this portfolio approach. I am sure you have done many modifications to the original system.
    Quote Originally Posted by Clint View Post

    I will try to write something which summarizes how I have combined the MG99 Methodology with The 3 Ducks Trading System. Allow me some time to get that done.
    I've given this a lot of thought, and I've decided not to hijack this thread by distorting the original MG99 Methodology. Discussing how this methodology can be changed, or combined with other techniques, would amount to hijacking the thread --- especially if those techniques involve indicators, which violate the basic concept presented in this thread.

    Shawn (Mastergunner99) has built this methodology on ---

    finding trend-following swing trades on naked charts

    --- and I think we should leave it that way.



    The things I have added into the methodology, in my own trading, are not necessary for trading it successfully. In fact, those things could make it more difficult for new traders to master the methodology in its simplest form.

    From some of the comments appearing in this thread, it's apparent that many new traders struggle with (1) identifying trends early enough to capture trend-following opportunities, (2) entering trades at levels which minimize large early draw-downs, and (3) managing open positions to optimize exits.

    Those things are basic to successfully navigating individual swing trades, without regard to any portfolio considerations. I've said before, and it bears repeating, that successfully trading a portfolio of swing-trade positions depends first on being able to successfully trade individual swing-trade positions.

    .

  2. #1342
    Join Date
    May 2013
    Posts
    41
    Quote Originally Posted by Clint View Post
    Shawn (Mastergunner99) has built this methodology on ---

    finding trend-following swing trades on naked charts

    --- and I think we should leave it that way.
    .
    OK. I understand and agree with your rationale (in fact, recall I told you it was just an idea for your consideration).

    Thanks for your reply and previous answers to my several questions.

  3. #1343
    Join Date
    Jun 2014
    Posts
    17
    Hi Clint,

    I've been reading this thread for a while now and I think I know what MG99's methodology is trying to tell us and it is awesome but just like you said you should master individual trades before actually applying this methodology. You advised to first try to read about the Three Ducks strategy which I believe is great, however, I am not really sure how to apply this together with MG99's methodology because the actually entry point is at the M5 TF. I think dpip or medisoft did mention something about modifying it to a long term version when they said something about using 10 SMA for D1 and 60 SMA for H4. Can you confirm if you are doing the same approach? or could you at least tell me how you apply the Three Ducks strategy? I think that is the only missing ingredient I need to be able to improve. I think MG99 and all of you guys who contributed in this thread are AMAZING. It is just sad to what a happen a while back when a lot of the people in this thread got wiped out. I believe they missed understand something about MG99 strategy. I would appreciate your comment CLINT or anybody out there who still believe in this method like me.

  4. #1344
    Join Date
    Jun 2014
    Posts
    17

    But be careful, I don’t think there has been any long term evidence that shows MG99’s 20+plus pair portfolio concept can outperform a carefully picked watch list of the most current & active trending pairs.
    Can you tell me which currency pairs work for you every time you apply this methodology?
    Last edited by nono3779; 09-07-2016 at 11:28 AM.

  5. #1345
    Join Date
    Aug 2016
    Location
    South Africa
    Posts
    15
    Wow! interesting read

  6. #1346
    Join Date
    Nov 2011
    Posts
    42
    Quote Originally Posted by mastergunner99
    At least twice a month, I will post the last trade I made along with explanation supporting it. Thereafter, any adjustment I make to that individual position I will update on this thread. I do not recommend you take any of these trades. All trades will have been made in the past, though likely still active. They are just as susceptible to being losers as they are winners. And since I'm arbitrarily picking the last one entered, I will not be partial to picking better set ups than others.



    Uploaded is a daily screenshot of USDCHF. Now, I have drawn lines along with Fibonacci for illustration purposes alone. When I'm monitoring a chart they are completely naked and I can visually spot these reference points....
    Interesting thread MG

    Is it somehow possible to get the picture from this post? Or is it long gone. It is some time ago I know, maybe you're not active anymore. I have started to read the whole thread, but is certainly not finished yet

  7. #1347
    Join Date
    Dec 2016
    Posts
    11
    Quote Originally Posted by kongdaff View Post
    Interesting thread MG

    Is it somehow possible to get the picture from this post? Or is it long gone. It is some time ago I know, maybe you're not active anymore. I have started to read the whole thread, but is certainly not finished yet
    That is the major problem;thread starters disappear when their thread is becoming real 5-star!

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