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Old 10-31-2008, 02:58 PM
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Quote:
Originally Posted by lalatwk View Post
Hi Julius,

I am just curious why IBFX profit two times higher than FXpro platform?
I am using the normal basket trading with FXpro, normal entry, not aggresive very conservative method presented in Part 1. IBFX on the other hand is a combination of both aggreesive trading plus optimization and scalping. Meaning concnetration more on iBFX. Also of course, giving more attention to IBFX than Fxpro. Not simultaneous at all. It is wrong to trade simultaneously, one should be slightly ahead of the other. If there is some unforseen negative in the first trade you still have time not to enter the other.

You mentioned this on your early post : "The only difference with these system is you can catch the trend earlier by at least 2 candles and you can maximize your profit.". Which tool do you use to identify the trend 2 candles earlier? By trend, do you mean short, medium, long term trend?
ProfitChart is an indicator that follow strickly the price. Compare to any conventional indic, eg MA, you will notice that by the time the MA cross give you a signal to trade, two(2) profittable candles have passed already. Not in profitchart.

Btw, Do you ever thinking about execute/trigger the baskets simultaneously on the same broker with different accounts? Then you can easily reach your target 1x, 2x, 3x,etc (3 x $11,470.73 = $34,412.19) faster. I know it is also 1x, 2x, 3x risk involved, but you are pretty consistent on your earning, thefore the risk should be reduced.
NO. my reason on the first paragraph irregardless of platform, one should be ahead of the other.

Thanks, enjoy your trip to costco this weekend
No problem, i will do my grocery shopping as usual, creature of habit, i am. LOL. Enjoy the weekend all of you and see you Sunday when market opens
Julius


Last edited by trader101; 10-31-2008 at 03:01 PM.
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