I do not see here anything really wrong with that matter anyway. Are you tradig short and simply make the profit till it lasts or what ? I really do not see it completely anyway. I simply don’t see it at all. How do you plan to propose it to us anyway.
Hello jonons,
Thanks for asking.
Strategy is more complexe than that and is a calculation of strength between currencies. 24 pairs are monitored a the same time and based on each currency power and direction the right pairs are selected after that for pending orders. It can be long on some and short on others. It helps has well to secure profit and I remove automatically duplicated orders in case of correlation between 2 pairs.
A 1% balance target is set and then all orders closed when target reached.
I’m using as well pyramidalization to maximize profit on the pairs when the trend is well catched.
I could play on several parameters to improve performance such as bigger target, more pairs or space value between orders on a same pairs. But was just initially a test I wanted to do and trying to reach a 1% daily as a challenge. But it’s running quite well anyway.
Cheers,
PipsFisherman
I’m finishing my 1 month journey. Really happy about the results. Closing one EA with a 12% gain and the second one with more than 21%. They globally run for one month, started the 26 of June for the first one. Main difference is the risk taken based on the lot size. I will still monitor on my side and try to continue to keep these sustainability, but I can close the current challenge. I’m often getting a bit too much exposure on the USD but hopefully I’m able to balance it due to the multi pairs approach.
Thanks to those who follow-it.
Have a safe day and happy pips,
Cheers,
PipsFisherman
I’m reading keep it coming!
Hello Haptic,
Thanks for your interest in the topic.
Here an update of the current status.
Progress are still on their ways. Both EA are progressing. I’m involving myself a bit manually to close the more often deals on friday in order to avoid issue on monday regarding current major change in the politic globally. It reduce a bit the % revenue but reduce as well incertity and risk.
1% Daily Test with small lot size
1% Daily test with 1 lot size (reduced at 0.5 to keep margin during trade, otherwise I’m really limited in the number of opened order and can be difficult for the global strategy based on multiple pairs).
Will continue on this way. Working as well on some other methodologies.
Enjoy your week-end,
Cheers,
PipsFisherman
Thank you very much !
Goal is to be sustainable on a long term with regular and progressive growth. I prefer making a 1% every week than reaching 200% in a month and loosing everything for excessive risk. I like to look to pips collected as well. 2012 pips on the daily one and 565 for the one with bigger lots.
I think I would be overjoyed with even 0.5% a week. As it stands now, I’m about 0% every month 
But still better than losing money I suppose.
Will keep checking your progress here!
Thanks ponponwei, will update every week or bi-weekly on the progress depending of my available time.
0% month is not bad in fact in trading. Of course we all want to make benefice, but by taking a look to the number of people loosing in this industry and gambling on forex, a 0% show that you are on the right way. The learning curve is long and never stop. Nobody should think they can over perform the market, you just take what the market allow you to grab. Keep going ! It’s a long term game !
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Thank you so much!!! I hope to get that up even just a little bit in the coming months! 
As this topic is a trade journal as well, and of course it’s always cool and nice to see great curve and nice green percentages, it’s always cool to see a bit more behind the engine.
Trade Journal mean, trades. A lot of trades. To illustrate it a bit more, and know it’s not the most sexy part but I’m sharing to you an extract of the 1% big size lot (I reduce from 1 lot to an half to preserve margin). (August trades)
As I was saying that’s not sexy at all, but trading is not gold, luxury car, naked girls (or boys) and champagne on a boat. It’s more a day to day progress in your small house building pips after pips.
Happy pips !
PipsFisherman
You correctly said: “Trading is like sailing. If there is no wind, you will not sail.” This is the most successful comparison that I have met on the network and which I have been looking for for a long time.
Thank you very much Alekxandra.
Well, we are in the world where everything need to be quick and fast, success, failure, recognition. People think they need to grab greedily pips and $ everyday. By doing so they are putting their success in forex and trading to a risky situation. Sometime nothing happen, sometime I need to wait days before finding the right situation to open or close positions.
Trading is a long term process and sustainability is only visible after years. During this time, many will have sunk in their boat trying to blow in their sails.
HappyPips,
PipsFisherman.
Already a new week finishing, time flies ! I stop trading for the week, I’m not a big fan of keeping orders opened on friday, especially when I have reach some good achievement.
What to say, week was quite fantastic on the 1% big size lot strategy, taking its 1% daily this week. A bit more challenging for the conservative one with only 1% this week. But as you know I’m looking on the long term and sustainability. 1% is already much more than what ma bank proposed me for 1 year !
I decided as well to work on a more depth analysis.
Here the current status:
Drawdown on the 1lotsize was due to a too large dimension of each trade, I reduced a bit the lot size but unfortunately, drawdown will stay forever.
1%Daily 1lotsize
1%Daily Test
August is almost over, it’s good time to see the progression Month after Month. Market is a bit less trade due to holidays in many region, september should become a harder / more dynamic month. Let see. I decided to go deeper in the analysis so you can see as well more details about risk / ratio or the currencies trade over august month.
1%Daily 1lotsize
1%Daily Test
Now back to my day to day job, it’s friday, and still have a last day before the week-end.
HappyPips everyone,
Cheers,
PipsFisherman
Hello dear Babypips Memebers,
Taking the opportunity to have a bit of time to update the diary.
Time contraints currently, working on developing some indicators, building a website, and on a more personal side buy a piece of land to build an house in the future.
Happy to have reach 20% on the 1% Daily and 42% on the 1%Daily 1lot size. Except a crash yesterday morning of the VPS, I recover all my trades.
Global Overview
1%DailyTest overview
And the 1% 1lotsize (0.5 in fact) overview
Hardly work on some other Expert Advisors, and fighting with wordpress on the other hand. But as you can see it’s possible to make progressive growth with a sustainable strategy.
Happy Pips,
PipsFisherman
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Hello everyone,
Hope you are trading well. A great week on my side, have reached the 1% per day on both EA over the last 4 days ! Another great achievement is passing the 3000 pips collected (harvesting 
) in less than 2.5 months. Not so bad. GBP was quite challenging, thank you Boris Johnson ! But I survived. In fact I love this period of stress and tension on the market, it’s where you can really test the sustainability and resilience of a strategy.
Well. will be travelling majority of next week (Hello Dublin), another cool way to try to support trading with only my mobile phone.
Long story short, let dig into numbers:
Global overview
1% Small Size lot
1% Big size lot
Current next steps:
- Working on a new EA with a totally different approach and strategy (I see it as diversification, I don’t like to rely only on one tool, it’s the same for assets, stocks trading etc.) So that’s really part of my personal development
- Developing a website. I have always been interested to have a blog, I think it took me 5 years to stop loosing money on Forex, and 5 years before jumping into getting enough time for this idea of website. Hello wordpress !
- Finally opening a live account with the current strategy. Got some stocks reaching a +20K$ versus initial acquisition, will use piece of it into this EA.
- Last point, not the smallest one, buying a piece of land and build an house there. As you can see my agenda is full. And of course in the middle of that, I still have to keep the day to day job lol
Happy Pips Everyone,
PipsFisherman
Hello everyone,
Time fly ! 3 months without news.
Here is a quick update. Things are still going quite well. On my small lot size I suffered some losses and add to fight to come back to the initial achievement and over passing it. I came back to 15% and moved now to 29%. But at the end it’s “only” 4% more than in september. That’s part of the game.
Happy pips and enjoy the end of the year !
Cheers,
PipsFisherman
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Very nice! Thanks for sharing this. I’m so happy for you.
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Thanks QuadPip !
Often people start thread on the performance of their work and then disappear in the nature. Just wanted to insure that I’m still here, just very busy. That’s one of the main reason why I’m doing long term versus short term trading.
Cheers,
PipsFisherman