I got in after London Open and left my trades open since my SL was not triggered.
New York is Open and I decided to move my SL to come out in green incase of a drop.
The Open Line is the Resistance Line now and it is still holding until they break it or can't.
Did you take a trade today XARD?
Re: XARD - Simple Trend Following Trading System
10532If you believe it is impossible you are right. I believe it is possible and I am right too. Just sayingtomsabo wrote: Tue Mar 22, 2022 12:09 am IMO 100% a day is impossible on a constant basis. Period.
You have to risk your whole capital every day and I try to put it in a polite way, but that is insane. Even if you "play" with a 1000 account.
Yes, technically you can make 100% even on one trade I agree, but NEVER on a constant daily basis, especially not the way how easy it is described in an excel sheet.
You would have to take on soooooo much leverage and risk, that you can be a superb trader, you will blow your account pretty soon.
For example, making "only" 1% per day!! constantly is a huge challenge! Just think about it, even if you are making around 20% per month on a constant level you can buy a country in a few years.
To me, it seems like some people are totally not clear about Risk Management. You CAN NOT predict a trade, you can only control risk.
Again no offense, just wanted to add my thoughts, but I guess this post might get deleted by mods.
FYI - These are MT5 screenshots but most entries are based on MT4 setups.
Re: XARD - Simple Trend Following Trading System
10533Yes, Its possible, until an unpredicted market spike blows up your account, or at least your hard stop, and wipes out most of your profit and/or capital. Just saying...luckydude2013 wrote: Tue Mar 22, 2022 12:59 am If you believe it is impossible you are right. I believe it is possible and I am right too. Just saying
If I would trade with 500 and 1000 leverage with maximum lot size, I could also do 100% gains a few times, but that would be equal to going to the casino.
Nobody will show up here with a validated real account that shows 1000 USD to be flipped into 10k or 20k in less than 30 days. Not with this system anyway. Yeah, we can play with the demo and show how great we did for a few days or a few trades, but I would call out anyone right now to show a real account that did "only" 10x the capital in 30 days or less.
Xard indicators are great btw, I love the system so far, I'm testing it for 6 weeks now and making progress every day, but highly doubt anyone who claims such results as above, especially on a real account.
I'm going to post a very detailed review about this system in a month or two, I'm already trading it on a live account for one month now. And to be honest, I'm seriously considering using it as a system to provide good entry points for my trades in the future.
Re: XARD - Simple Trend Following Trading System
10534If you believe it's impossible you are right. If you believe it's POSSIBLE, you are right too.
All you need to do is know when to cut your losses and when to defend your positions.
All you need to do is know when to cut your losses and when to defend your positions.
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Re: XARD - Simple Trend Following Trading System
10535Can you please provide me the link for the compounding spreadsheet? Is there any spreadsheet which also shows drawdown (based on depreciation formula instead of compounding formula)?jimfang wrote: Mon Mar 21, 2022 2:24 am thanks xard
how much risk do you take per trade?
is this full margin trades?
Thank you.
Re: XARD - Simple Trend Following Trading System
10536Download Here: attach/file/3384995optionhk wrote: Tue Mar 22, 2022 10:02 pm Can you please provide me the link for the compounding spreadsheet? Is there any spreadsheet which also shows drawdown (based on depreciation formula instead of compounding formula)?
Thank you.
Re: XARD - Simple Trend Following Trading System
10538sorry you should ask Xard for that i dont have itoptionhk wrote: Tue Mar 22, 2022 10:02 pm Can you please provide me the link for the compounding spreadsheet? Is there any spreadsheet which also shows drawdown (based on depreciation formula instead of compounding formula)?
Thank you.
Re: XARD - Simple Trend Following Trading System
10539For those of you looking for a Compounding spreadsheet , This you can edit yourself for starting balance and the rest of it.
Enjoy
Enjoy
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Re: XARD - Simple Trend Following Trading System
10540Hello Sir,msbh wrote: Tue Mar 22, 2022 12:24 am I got in after London Open and left my trades open since my SL was not triggered.
New York is Open and I decided to move my SL to come out in green incase of a drop.
The Open Line is the Resistance Line now and it is still holding until they break it or can't.
Did you take a trade today XARD?
Quick question, which tf do you trade. Is it the 30min or 15min. If it is the 30min do you just stick solely to that one?
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