Am I the only one that’s having trouble with this kof style. I’ve watched both the full ema and the 1% strategy courses and still. May I DM you please.
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@Art_prentice
Of course
I’m not sure what help I can offer beyond what is available in the videos though.
@Art_prentice Can you describe the issues you are having and maybe the group can help you? From blowing up a couple of demo accounts my personal suggestion is to keep your position size small and as you add positions don’t increase the position size.
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I just have issues implementing the strategy . For instance I used the mean reversion strategy the other day in it kept falling. Then decided to use the 1% strategy then it reversed. Is there a way to know which to use and when
Honestly, this is an issue I have had, and that is switching strategies. Pick one strategy, and then test it over and over until you are comfortable. The 1% strategy may have reversed, but its not about getting a 100% win rate. From my experience with that strategy, and others may have had a different experience, that strategy has quite a low win rate for me but your winners will be huge. It takes more patience and persistence than I have so I personally don’t trade that strategy.
For me the EMA strategy gives me at least 2-3 trades a day and my win rate is ~92% and has been for almost 3 months now. I don’t know how others implement it but I trade the pairs that have the lowest spreads (there are about 9 pairs in my list currently). I look for medium and high impact news events and then wait for those events to play out. If they give me large moves away from the 9ema, I trade them. I never trade more than 2 positions at a time as I struggle to keep track otherwise. I also use the “Distance from EMA” indicator on TradingView that will alert me to big moves. When my trades immediately go into profit its usually disappointing. I like it when the trade goes for a day or a few days and I get to add a few positions, then my wins have been really nice. If it moves a long way against me, I stop adding at around 10 positions and then only add to the trade at support/resistance levels. You probably want to pick a loss you are not willing to go over and then ensure that if your trades move against you that far that you close out. So far, all my trades have come back to be winners eventually. I had one that lasted 11 days which was a little scary but it did finally come back and make a nice profit.
Good luck and just practice!
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@rround
Well, I cannot improve on that post. That was well said and right to the point . I hope everyone reads what you had to say.
king of Forex is live rn
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I wish I was sitting at home so I could trade with him. Last time I made three times as much as when I just trade on my own.
I’ve read this over and over again. This helps a lot. 11 days tho. Not sure I can stomach a trade for that long , maybe that’s why I have troubles implementing it. For the ema strategy, you said you get 2-3 trades a day with 92% win rate. Do you only trade after impact news or…
@Art_prentice haha yeah, 11 days was tough but the positions are very small. I take 0.02 lot size and even with a trade that long, I think even with 12 or 14 positions open it only amounted to probably $200 in drawdown. My account at the time was probably $2500 but with margin, I still had most of that to trade. I cant recall the exact numbers but I think the profit on that trade was ~$98. I know its small numbers but I am growing my account slowly. I will admit, I was getting pretty close to cutting that trade. However, even with a $200 loss, last month I was up almost $900. So still a really good profit on a little over $2k account at the start of June.
I only trade after a big move away from the 9ema. So usually that is because of news but not always, sometimes there is a big spike and I don’ know why, and honestly I don’t care why. I use the indicator I mentioned, slightly tweaked to just alert on big moves and it sends me a text. Sometimes I miss the move if they are fast. but that’s ok, I’d rather not stress over it. I know there will another one today or tomorrow.
I forgot to mention, I always check the direction of any trend on the longer timeframes. If the trend is in my favor I am more willing to let it run further into profit and hope for a bigger move against me. I will close out quicker if it seems like the longer trends are no in my favor or sometimes not take the trade at all.
I am experimenting with a 50:1 margin account on Oanda. Its still working, the gains are smaller but the risk is also smaller. Ultimately, I want to minimize my risk. Sure I’ll need a much bigger account if I want to eventually make a living from this but I am far from that at the moment. I have blown up a few demo accounts so I know it can be precarious. So for me, very slow and steady is the way.
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Thankyou so much. I think I’ll add the indicator and see if it’ll simplify it for me
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Hello guys. I started following this thread a while ago, but i was busy and i didn’t follow it. I want to ask how has the strategy changed. Can someone resume me, so i can continue also with the code. Or someone already did?
Thanks very much.
I just blew a demo account trying the return to ema strategy 🤦
Nice. Have you tried it on the GBP/JPY?
Yes. I have tried it on all major pairs.
It works.
Like all the other strategies, it takes practice in order to minimize losses.
Daily chart indicates I could leave the trade open until I reach 70 pips profit. Or I could add a position after a pullback and double that.
Great. Thks very much for sharing 
That’s what demo accounts are for. Either your position sizes are too large for your balance or you took too many trades too quickly, or just got unlucky, and it will happen. Losses are inevitable. Just persevere on demo until you get the hang of it. Try different things and experiment. KOF takes a ton of positions very quickly, I don’t do that. I don’t have the stomach for all those open positions. But this is what works for me, and we all have a slightly different strategy. @AmericanTrader inspired me to keep practicing and eventually, I seemed to get the hang of it. But I am sure his strategy is different to mine. Just keep practicing and find what works for you.
I also blew up several demo accounts at first trying this strategy. I was too greedy or impatient, wanting to see big results too fast. On my $2k account now, some of my trades only make $2-3, others $30-40 and occasionally I get one big one which is really nice. Looking at myfxbook, my best trade on this account so far is 423 pips, which at 0.02 is around $84 I think. Most of the wins are smaller though.
Dont give up!!
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