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Over 70% in 6 months,,, possible ? Yes. Take a look :)

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  • hs2013
    started a topic Over 70% in 6 months,,, possible ? Yes. Take a look :)

    Over 70% in 6 months,,, possible ? Yes. Take a look :)

    After some devistating months as a subscriper, getting bad results from Steady Capture, using PriceAction EA and Clifford Bennett ( I canīt forgive myself in subbing to that guy). My account went down and almost to the drain.
    I had been using my own trading, manual and also my own EAīs, and getting some pretty decent results. But that day I decided to play my own game. No other EAīs, no other signals, just my own trading.
    In my manual trading, I am evaluating strength and weakness of currencies each night and looking for opportunites, only on Daily charts. Also I am using my own EA, designed after my trading. It is the HB low risk EA (reversal trading), but here I am taking 1% risk per trade instead of 0.5. Also using a slight modification of that same EA and with that modification, believe it or not, it trades with the trend. I am also running that EA on seperate account, just to build some history for that one as well as the reversal system. It is important for me, not the let my EAīs do their own thing, I monitor them every night and I modify or cancel some trades if I feel that way.

    So I am on a decent run and will keep on going in that direction. Finally I am my own master. Cheers to that Just wanted to show you that this is possible.
    Attached Files

  • HedgeBitcoin
    replied
    Now that your equity is back to about breakeven, are you going to close all the positions, re-analyze your trading/strategy and keep going.

    Leave a comment:


  • Ytanne
    replied
    I think that HS2013 did a great job and I really appreciate that he has shared his trading on this forum. Every professional trader knows how hard it is to perfect strategy, which involves several losses. But loss means that trader is on a right learning path which will lead him to success next time

    Leave a comment:


  • OutsideTheBoxHK
    replied
    Originally posted by HBLoooK View Post
    Sorry, but this is how really looks your account my friend, DD is more than 80% and you are in loss about $8000

    why you don't show this, instead you show a fake result (you have changed the report settings on Myfxbook to show results from a selected period)
    He has already commented on this before.
    Please restrain comments that are hurtful and demeaning and accusatory of one's character. Especially on a public forum when you probably haven't taken time to assess this trader or his thoughts about his goals, his trading, and the pressures he must manage.

    Leave a comment:


  • HBLoooK
    replied
    Sorry, but this is how really looks your account my friend, DD is more than 80% and you are in loss about $8000

    why you don't show this, instead you show a fake result (you have changed the report settings on Myfxbook to show results from a selected period)

    Leave a comment:


  • hs2013
    replied
    Exciting year ahead and I resumed trading this week. One day earlier than I planned since I saw this setup on WTI that I could not resist. Anyway. Back to business as usual. My company is now setup and registrated here in Iceland. We have come to an agreement with a offshore fund, with an icelanding manager, and they have started by allocating 100k in EUR to our trading. I am confident that they will be happy with this move in the future as this will diversify their portfolio. This is a big step for me and my company. And it is good to have the structure around this work and the support around it, as we are now a team of 3.
    You all know the history of the master account. In March last year, it was a Do or Die situation. I had to decide weather to just quit this "forex nonsense" (I guess you have had this conversation with sooo many people) as the account went from 55k to little over 10k. I wanted to save my account and from 1.April 2018, only relied on my trading. Now the account is at a respectible level, little over 30k. Please not that the risk on each trade will be 0.5% instead of 1% that I used in 2018. I have also attached a small slave account, 7300 USD, to the master account and the slave is copying trades at 0.25% pr trade. This is to build a new history on a new account.

    http://www.myfxbook.com/members/HB_I...-manual/914304

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  • hs2013
    replied
    Originally posted by nfx
    85% DD. told you and looks like you took a big hit. You must control your losses.

    People should post into forums highlighting their success at how low they can keep their DD. PnL is secondary by product of good risk reward and win loss ratios. But most people dont want to see that and so they end up in the 90% statistic gtoup.

    Sent from my SM-N920I using Tapatalk
    **The DD is from my copy-ing signals - as I have said before. I started on myself 1.april 2018 and highest DD in that period around 28%.

    Before that my account got crumpled as you can clearly see.


    Sent from my iPhone using Tapatalk[/QUOTE]




    Sent from my iPhone using Tapatalk

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  • hs2013
    replied
    The DD is from my copy-ing signals - as I have said before. I started on myself 1.april 2018 and highest DD in that period around 28%.

    Before that my account got crumpled as you can clearly see.


    Sent from my iPhone using Tapatalk

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  • nfx
    replied
    85% DD. told you and looks like you took a big hit. You must control your losses.

    People should post into forums highlighting their success at how low they can keep their DD. PnL is secondary by product of good risk reward and win loss ratios. But most people dont want to see that and so they end up in the 90% statistic gtoup.

    Sent from my SM-N920I using Tapatalk

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  • hs2013
    replied
    Finishing Desember with 17.29% gain. So total for this year +119.82% and DD 28.81%.
    Just got news regarding the fund I mentioned few days ago. They have allocated 100.000.- EUR to start with. So this new trading year is going to be very exciting and I am also ready with subscription if you are interested.
    2019 will be the year when I start my own trading firm along with my old friend and partner (also a doctor in dentristry and a long time trader with forex) and also a banker that has good contacts and is important for client relationships.
    I wish you all a happy new year.
    All the best,
    Helgi

    https://www.simpletrader.net/signal/...nual.html.html

    https://www.signalstart.com/analysis/hb-manual/39400

    https://www.mql5.com/en/signals/498165

    Leave a comment:


  • hs2013
    replied
    Yes, I donīt expect it to go higher than 35%. These past 9 months, highest DD according to MyFxbook is around 29%. Highest intramonthly DD was in november 20% where I had some losses in a row. This is not a automated robot/ea working without control. All trades are manual and I go through and valuate them all before I place them. Been using this system and evolving as a trader for few years now, also backtesting my theories just to gain more confidence. But how can you make sure that your next trade will be a winner ? Or will you loose again ? What I have learned, is to stick to your trading plan and your trading rules. After the huge loss in the begynning of the year, I went solo and upped the risk on each trade to 1%. The results have been amazing, 116.9 % gain and 28.81% DD. Will it continue that way ? I am not dissillusioned by this and I will of course go on with my trading us usual. With growing account, I will reduce the risk on each trade and start the year with 0.5% risk on each trade. This is also psycological factor. You have to be able to withstand and endure your losses to be able to come back, like the period I had in november.
    But thank you NFX for pointing this out and I always work with my system and looking to make it better. As I am working on the higher timeframes, I have time to do some testing and time to look at how the different currency pair are working out for me. But the most important rule for me is to stick to the trading plan, find the right setups, donīt force a trade, donīt overtrade, donīt imagine how things can go, donīt let news and talking about this and that effect the trading. I sure will add to my trading plan the risk of exposure and calculate that in my trading.
    I wish you and your family a very happy Christmas and flourishing 2019.
    All the best for 2019
    Helgi
    https://www.myfxbook.com/members/HB_...-manual/914304

    Leave a comment:


  • nfx
    replied
    Originally posted by hs2013
    No, I don�t expect the DD to go higher than 35%.


    Sent from my iPhone using Tapatalk
    Dont expect? Meaning your not sure and there is potential for it to go higher? Can you explain how this is at 35% and what controls you have to keep it no higher than 35%?

    Dont mean to rubbish your strategy. But DD in myfxbook comes from either consecutive realised losses that total 35% or a unrealised floating loss at one point. Both suggest potential danger. It may not be now but with a high DD there is a reasonable probability you could end up like one of your past subscribers.

    All the best.



    Sent from my SM-N920I using Tapatalk

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  • hs2013
    replied
    I really need to change the name on this discussion to: Over 100% in 9 months.
    I knew that I had the right system and the right mindset to succeed. I just needed to be pushed off the cliff .. and that just happened by the end of 2017 and starting months in 2018. So sometimes it is good to get all the way down to rise up again.
    I just sent my first trades to the fund manager that was interested in my progress and I guess he should be up at least 5% this week.

    https://www.myfxbook.com/members/HB_...-manual/914304

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  • hs2013
    replied
    Yesterday was a big day as I sent my signals/trade to the fund (located somewhere in Europe
    The fund manager will come “home” for christmas where contract details will be discussed. Iceland is a small country with about 330.000.- living here, so it is easy to establish good contacts and most likely the guy you are talking to, is your relative
    Lot of nice setups last night; nzdjpy buy, eurusd sell and eurnzd sell.


    Sent from my iPhone using Tapatalk

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  • hs2013
    replied
    ****************************
    Open for subscription:
    ****************************

    https://www.mql5.com/en/signals/498165

    https://www.signalstart.com/searchSi...al=hb%20manual

    Trading all major and minor forex crosses, major commodities like gold, silver and oil, as well as major equity indices (very rarely though).

    Feel free to follow. Just be careful to dial down your risk as I am taking 1% on each trade and the intraday swings can be few percents. I would recommend to start with 0.25% on every trade and also.... stick to the subscription.

    You can send me pm or e-mail via invest@hbinvest.is. But before you start your subscriptions, read through all the posts here.

    What to expect from HB manual:

    Maximum DD: 30-40% (when risking 1% pr part of each trade)
    Profit factor: 1.2
    Average yearly profit: 30 - 60%

    What I use the most: Candle stick formations

    The Daily charts provide an excellent opportunity to trade this method and there is no need to watch the shorter timeframes. Use the time to do other things. When a good setup and signal occurs it gives us a very high probability trade. In general, the higher the timeframe the more reliable a candle pattern is. I get the best results from the D1 charts and use that the most. I also trade the Weekly charts but the setups are fewer but also reliable.

    I enter the trades at retracement. Why not get into the trade at the market? By using pending orders, I get into the trade at a better price and the price usually retraces before moving again. Sometimes I miss out but it is worth it to increase the Risk:Reward. It is also important to note that the trades can be open for few days before moving in our favour. But if the initial setup was strong enough the Daily charts do not fail very often with this style of trading.




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