Saturday, October 31, 2009

I read in Forum & Public chatting, some peoples like to go for martingale system. As we all know, every system is not perfect. Each of it has their own advantages and disadvantages.

Martingale mean you increase your trading lot every time your stop loss hit. choose to use martingale system which add 2x of your initial lot of trading every time it hit Stop Loss to recover back what you had loss before.
i.e - 0.1, 0.2, 0.4, 0.8,1.6,3.2.....

You also can use martingale number like this : 0.1,0.2,0.3,0.6,1.2,2.4......the numbers goes up with TP bigger than SL

While the method sounds good (recover back what you'd lost before) it has it's own disadvantages:
1. You need enough capital, and start from small lot until you're comfortable with your account(become bigger)
2. You need a good system that you'd tried and cannot go more than 4x loss in a row.

I got this idea from night sleep! so i think i better write it here for sharing purposes. I think you can work it out even with account of USD100 and start grows it if you know how to play with. I want to give it a back test and try it.... every day trading maybe???

Allah (God Almighty), give us a brain to think and syukur on His gift.
Happy trading to all

Thursday, October 29, 2009

The Result speak itself. If you want to open account with InstaForex, join my affiliate!

please fill in HZP in affiliate code.
psstttt this is part of the 6 Year Compounding Project Term & Condition!
I'll be away to Kuantan - attend training (Project Management) from 2-5th November 2009
Then, offshore Terengganu for some work there from 7th till finish,expected 17-18th November

till then, c ya. Good luck and happy trading.
Who want to join my 5- 6 year compounding project ?? Raise your hand!

Term and Condition as follows:
- Willing to wait for the signal - it is not everyday trading. It is a daily chart trading. We wait for good setup. We aim at 50-60 succesfull trade per year and total 300 over 5-6 years
- Signal will be provided thru email. The result will be posted here.
- Willing to set aside this trading account and not withdrawing it on frequency basis. We will only withdraw it for capital protection and once a year withdraw.
- Willing to compound the account using my strategy and table.
- Starting capital in the account - i m suggesting you to start as little as USD300.setan
- Other term & condition will be detailed out to those who re interested.

Maybe some of you may ask, how about the payment? mmmmm actually i don't set any fee. It is up to you to offer me to get into this project. It is negotiable. And further more, the fee is refundable after end of project - after 5-6 years. Interested ? I don't think you re interested. Because it is soo long and tiring work. But i know it will worth for who re patient enough. Just look at the compounding magic!

Tuesday, October 27, 2009

This is my standing as of today. I'll try to ride this trade until it got stopped

GU : +48 pips + in trade
GY : +420 pips + in in trade
Gold : 300 + 500 + in play(+1500 pips)
total October so far : +1268 pips

Rezeki anak.....

update 28/10/09
GU - still in play
GY - still in play
Gold - close half @ 2360 pips - lets other half run @ BE+1500 pips

update 29/10/09
GU - SL 165 pips
GY - Hit TSL + 60 pips
Gold - Hit TSL + 2680 pips overall.

Total for October
GU : +48 pips - 165
GY : +420 pips + 60
Gold : 300 + 500 + 2680
total October so far : +3843 pips
close for this month......

OK gentleman,
here we are....
Gold - in +ve side - move SL to BE+1500 pips
GU - still in play, not moving to +ve yet
Gy - still in play, not moving to +ve yet

in overall, i will end this month with another thousand pips hehe
ok ok...maybe many of you have asked me, what is the value per pips. For gold, since the spread is big (100 pips spread), i use smaller lot up to maks o.1 lot . For GU and GY, i use bigger lot. That's why i use pips as standard calculation here. Don't mislead/misunderstood with the information here ok.

Monday, October 26, 2009

Sorry guys,
I didnt update the thread this morning,
just came back from Kedah....visiting my family in law + my kids there (my wife berpantang there)

OK...straight to the point;
GU - Sell
GY - Sell
Gold - Sell - i got stopped +500 pips last week and now re-enter Short. in +ve side...

We will see what happen to our trades later....May the rezk with us. Insya Allah.

will show u the chart later ok....cya...

Tuesday, October 20, 2009

i'm waiting for the good set-up this week. 1 trade only. In Gold..another Sell off from high - reason- Divergence!

i think same goes to GU n GY later. We need a good indication before entry.. so we will wait. Being a full time Daily chart trader require a lot of patient and courage.ohhh dont forget your head level..maintain 2-3% of capital risk per trade (MM)

trade update 21/10/09
Gold - sell- currently stood at 960 pips - lock +300pips

Wednesday, October 14, 2009

GOLD - didnt hit Sell stop breach the ceiling and now riding high. I didn't trade it.

happy trading to all.

update 14/10 2359 hr:
GU - +48(hit trailing SL)
GY - in the middle...waiting.....

update 15/10 2000hr
GY - riding now +350 pips, move BE+150pips
Gold - Sell stop +800 pips...will try to ride it down...

update 16/10/09
GU : +48 pips
GY : +420 pips
Gold : hit trailing SL + 300 pips
total October so far : +768 pips

Monday, October 12, 2009

I'll be very slow in trading for this month
it is because:
1. New baby born
2. 1st Son need extra care....manja la plak
3. The signal not very much 'in line' at the moment (Candle + 1 indi) - i assume they are in ranging mode.

However, if you look at gold chart today... you'll find the HARAMI-bearish... it mean..something big-bang will happen soon. I GUESS.... it will goes down. SL will be at last high or high of HARAMI.

happy trading to all.
Salam & Good Days,
10/10/2009 was my happiest day for this month. My wife delivered a baby girl at PCMC @ 2111hr. Alhamdulillah, both mother and daughter is well and in good condition.

I'm sharing this good news to all readers. May you find happiness in your life. Cheers.

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