BombayBulls

How I Have Achieved 100% Winning Trades For > 1 Yr So Far,Part 1

Education
FX:EURUSD   Euro / U.S. Dollar
How I Have Achieved 100% Winning Trades For More Than A Year So Far
Not A Single Losing Trade In A Year, With >20% Return. Possible? Yes!
Yes, it's a FACT. Headline is not to bait you. Because it is not that I know somebody who has done that but in fact I have done / doing it myself. Well, this post is not for any signal advertisement or something like that but only purpose to share is to let the traders know that everything is possible if you are committed.
I have always liked challenges and a decision to take on this particular thing came out of this sentence which even you might have heard many times - "It is all about luck. Markets are too random to trade with effective edge consistently"
Of course, life itself is all about chances and luck, and there is no denial in that. Birth decides many thing in life. But well, without going into philosophical discussions, let's focus on market. Here I would like to disagree with that sentence because market acts based on psychological patterns. So in order to trade market with an edge, one needs to posses two things, 1.) Ability to identify patterns of psychological behaviour of market participants 2.) While holding his own nerves in right state in order to execute and manage the trades.
So in order to dispel the myth and put my thoughts against it, it is not just enough to be profitable trader, which I was ( am ), but need to do something which really proves that market can be traded profitably with consistency. Well, the result of all winning trades so far have exceeded my expectations but it is fun nonetheless.
First, here is the quick rundown of the journey.
- About 10 to 20 trades per month
- Return is on notional amount, so almost no leverage.
- Trading mostly majors. No exotics. Namely, EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CAD, USD/JPY, EUR/JPY, USD/CHF, AUD/CHF, EUR/GBP
- As of now, after 14 month, there is not a single losing trade. So each and every trade has been winner so far.
How is that possible?
- Discipline, Discipline and Discipline.
- After spending a decade trading Forex, last year I decided to do something based on my research and back testing that there are strategies which are almost 99% profitable. Of course, the goal was to minimize the losing trades as much as possible by strict selective trades based on the strategy. And the result is that so far, no losing trade.
What is the strategy?
.... In Part II ....

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.