Mod 4.1: Making money Forex trading the no stop Grid system

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Comments

1. yes sir. most of the people are losing their money in penny stocks without much guidance. its not a joke, even my mom started making descent money from penny stocks trading using a professional service. go here -> bit.ly/1e9EJgI?=ngqeiq
2. Hey, Anyone heard of the Boom Cash Generator? (do a Google Search) Ive heard some great stuff about it and my buddy made a considerable amount of money with it!
3. Hey, have you seen the Thaintorm Forex System? (do a google search). My dad says it helps people gain plenty of pips.
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5. You need patience when applying this technique. I know it works on short timeframes like 1 & 5m and longer times like daily. I personally prefer dailies because of the consistency with retracements.
6. Oh, by the way, I am NOT an expert, but have spent countless hours trading. I am not selling any system, nor trashing this one in particular- Just have an understanding of the flow of the market and you can make most systems work. Good luck.
7. This may work some of the time, but they are right, this is not for a beginner. All prices retrace, but how long and how many gyrations of the market happen - no one knows. Very dangerous/ expensive system to learn with real money. Either simplify this system or begin again. This does not work for the Fall of 2009 by the way. This discounts the Elliot Wave analysis to, which I see more often occurring. I think you should show actual examples to help sell this to potential traders. Good luck !
8. The system does not rely on pyramiding of losses - in fact our trending startegy includes increasing the lots in the direction of the trend. A total reverse approach to pyramiding - you are right pyramiding will make you lose your trading account. The Systems edge is it makes money when you apply the principle to appropriate grid sizes and lots sizes.
9. We Agree that it sounds like a stupid idea. This is not an idea or theory. This method is being traded very profitably(2500 pips in 80 days and 4400 pips in 180 days) at the moment by 2 trading groups. It is a simple method but not as easy as it looks - you need experience to know which grid sizes and lot numbering to use. I would suggest that you look at some of the trading history which shows the benefits of this system. It make MONEY but it is not for every trader as it is unconventional
10. Two comments: 1) Why would you not just simply open a second short position at the 1st cash in point? By doing what this strategy says, that is closing and reopening the initial long, it costs you an ADDED SPREAD for nothing. That makes no sense. 2) If the strategy relies on pyramiding your losing positions e.g. adding a new short after a bad short, that's an excellent recipe for going bust at the first very bad streak i.e. solid trend. Again, that makes no sense. So what's the system's edge?
11. The trading has been going well as the currencies are consolidating. It may become interesting should they start trending. Lets see what happens. We do not need or use charts for this method as we are trading price levels. We show charts on our results because traders are used to seeing charts but charts are not required.
12. Thanks for your comment uncletrumpet