Do not know for sure. Could be that cycles and astro.
oh, i ve read about astro and forex... but was too messy... surely tou seems to be a close relationship between them...
he said, he can beat last record and he just did.
3.5 trading days (lets say 4 days) and 8000%
Only 1 instrument EURUSD.
Lets agree, he is PRO :-)
... equity curve is pretty boring in this case. See attachment.
For everyone following the progress of my crazy friend (and forex guru), here is his new update from today.
He made another forex record. During last 5 trading days he made 10161%. Also, this time had not even 1 losing trade.
Equity curve looks impressive (see attached). Amazing! No more words needed.
What about this
@raman: great as well. Yours?
i was allowed to say a bit about this last record and his trading methods, so here is what i learnt:
1. all is done manually, no EA, MT4 platform
2. all was done on EURUSD only (this week, but sometimes he trades other instruments as well, depends what is moving on the given day)
3. there were equity curves from last days so you could see the progress on the account
4. he trades with very big leverage, less than 100pips to bankruptcy
5. adds to the winners
6. sometimes keeps the position for some minutes, sometimes over several nights
7. has perfect entries (very well timed) confirmed by "experience" (as he says). I asked if it's based on Gann, but he says these are proprietary timing techniques (and are much better).
8. he uses market geometry, cycles, moving averages, MACD
9. he says that type of trading is very stressful and for sure not for everyone
10. he says that following the same trading method he would not be able to make such % returns starting from 10k initial capital. Main issue is psyche. His psyche behaves differently with each 5k earned, and it always impacts the trading results. For bigger accounts he uses different methods.
Hi guys, I have a nice backtest too, this is started with 500$ from 2005 to 2011
@nostradam ok, but we talk here about real account and real money