Help creating a 1 pip system!

thread: Help creating a 1 pip system!

  1. #1
    Junior Member Mokchipk86's Avatar
    17

    Help creating a 1 pip system!

    Fellow traders!!! My title is. . I've been really considering how to gather a 1 pip system. Now I know this sounds crazy but I hope there are some traders on precisely the exact same webpage as I am! What we will be attempting to perform in this fourm is to create a system that is 99.9% accurate at obtaining 1 pip!

    Just think about my fellow traders!!!!! There are many systems out there that are attempting to gain a lot of pips but do not do the job just because traders over trade them right? Many people traders have system that move 1 pip our way virtually every time we take a trade. We worry out if a trade is at profit and it turns . Why not place a system together that we may always and I mean always profit 1 pip. You may become whats know as a profitable trader!! Most traders think this is crazy because to acquire profit you have to risk a lot of your account! But like I said before traders have systems that 99.9% of the time go pip profit!

    As an example: say you have an account balance of 5000USD and also you risk 40 percent of your account witch is determind from the own stop! Say that your stop is obviously 15pips. If we are able to profit 1 pip daily for a whole year we'd have over 2 million dallors! Then comes the question well what if you stop is struck? Thats where the smart traders step up and use good old mm. Should you caculate your place at 40% with a 15 pips stop and instead place your stop at 7 pips such as spreads then you pumped off a bit more then half off of what you're risking in the 1st loion! If you you gain 1 pip you're gaining 40%. Can you get it? TRADERS LETS GET TOGETHER AND BECOME RICH!! LETS MAKE A 1 PIP SYSTEM!! Comments and Suggestions excepted!!! IF YOUR NOT WITH THIS THEN PLEASE DONT POST! I DONT WANT ANOTHER FOURM THAT PEOPLE CANT SHARE IDEAS WITHOUT A KNOW IT ALL TRYING TO TALK TRASH AND ACT LIKE THEIR THE BEST TRADER IN THE WORLD. NONE OF US ARE THATS WHY WE ARE ON FOREXFACTORY!!!! SO LETS WORK TOGETHER ON THIS PEOPLE!!!

  2. #2
    Junior Member Mokchipk86's Avatar
    17
    Hey traders im tresting a method right now but work is getting at all!! Will someone create a ea of it so it can be backtested... it will give us results faster and we can foward test it as well!! If a person would like to do it let me know and I will send you the principles to this program!!

  3. #3
    Senior Member adridado's Avatar
    247
    I do this for the silent days when eurusd just doesnt want to move or I trade a trend I believe is false. For the later one 1pip TP, 6 pip SL mainly but is dependent upon the volatility. For the first, 1 pip tp and SL is figured from chart. I maintain a time stop with this say 5sec or 1 minutes and SL is as high as the candle of that framework are rising. If tp is not struck in 5sec or 1min(or watever time frame), close the transaction. There are instances when it does not go more then 10-15pips for hours and we've about 100 roundturns in couple of hours with one regular lot. On average I have found it profitable to some extent but its not really worth the trouble. I do it when nothing moves and you cant get these swing transactions. PS: I exchange 6E where spreads are tight. I dont think this would make use of any retail brokers, they have too many weapons to use against us. 1 pip? Thats average slippage u can get with them.

  4. #4
    Junior Member varanus's Avatar
    12
    Go with a 100 pips breakout from the open of.

  5. #5
    You do realise such a system will probably not be allowed to be run with most brokers?

    Unless they're ECN, in which situation you need to compete with commission and spread changes.

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