The "100% Accurate Christmas Strategy"

[ezrydn]

There may be something to this. I ran across it and it's a "Once a year" trade. The supplier states that this trade has been "in the money" 8 years in a row. Well, we have a couple of months to prepare for it.

It was a free download from the supplier so I've attached it below.

 

[Enivid]

There may be something to this. I ran across it and it's a "Once a year" trade. The supplier states that this trade has been "in the money" 8 years in a row. Well, we have a couple of months to prepare for it.

It was a free download from the supplier so I've attached it below.

Wow! Take a non-stop-loss all-or-nothing strategy and it suddenly becomes "100% Accurate Christmas Strategy".

 

[ezrydn]

There's only one way to find out if it occurs 9/9. And that's try it. If someone says "no stop loss," do you follow their ideas totally or do you "construct" your own way?

The "100% accurate" refers to the fact this trade has exposed itself the same day, the same way for the last 8 years. Don't trust the EA? No Problem. Drag outta bed and manually handle it. Easy fix. Next?

 

[hayseed]

strategy

there are quite a few such strategies suggested in trading stocks..... and , using metastock, they can be backtested in seconds on 10's of thousands of stocks.......

my trouble with them is the obvious scarcity of signals.... most of us need far more than 1 a year..... could a single trade, even if 100%, really add that much to the bottom line...... my experience with them is they are more of a distraction.......

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so the pdf says go long the eurusd....... hmmmmm...... might not want to open that christmas present...... could be nothing more than a big bill.........h

 

[ezrydn]

If it adds to your bottom line, it's not acceptable because it's not enough? He says"go long" because that's what it's done in the last 8 years. Patterns.

 

[hayseed]

enough is a relative term

If it adds to your bottom line, it's not acceptable because it's not enough?

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hey ezrydn..... my experience with them is they are more of a distraction.......

there are many such trading ideas and many of us over the years have tried them...... whether the rare event trade is enough or not would depend on the wager....

on the now closed clearstation forum we collected dozens of such trading plans.... maybe even hundreds...... we always back tested them on 1000's of stocks using metastock....... some worked .... some didn't..... some are well known..... some are not..... still we kept looking, as you appear to be doing.....


it's true, patterns are patterns and something that adds to the bottom line adds to the bottom line...... but invariably, trading rare event patterns seemed to get in the way of our every day to day trading...... hope you have better success than we did.....h

 

[ezrydn]

With a one-time event, I'm wondering just how "distracting" it could be? You would be distracted from doing what? I just amazed at the amount of negativity one find in Forex circles. It's a "never venture out of one's box" scenario. And I find it everywhere I go. Had I listened to it in the beginning, I'd never have found the "Gap" strategy I use to make bank. I'd never have learned to milk Gold and, Especially, Silver the way I do. There's a lot I'd of missed had I secured my own little box to live in.

No, a one time event won't distract me. And, it might just raise my line a bit. However, I'll never know if I don't even give it one try. I've had programs that have been a big bust. Swear off ALL programs? No way. I've also found stupid but killer programs that I still use.

We're told, over and over, about the evils of trading Emotionally. Yet, many still hang onto that emotional blanket. Like now, you're hanging onto the emotion connected to the past. You can't look two directions at once. Past or Future, one or the other. Personally, I'd rather say "I tried and failed" than "I didn't try at all." But that's just me. I might get to say "I tried and it worked." And that is the focus of my energy.

 

[hayseed]

past connections

We're told, over and over, about the evils of trading Emotionally. Yet, many still hang onto that emotional blanket. Like now, you're hanging onto the emotion connected to the past..

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...... you miss judge me.....

as mentioned before, hope you have better success than we did.......h

 

[ezrydn]

I'll let ya know what happens. I'm game to try just about anything. That's how I learn. And I sit on trades, w/o SL or TP. I just ride til it's time to quit. Like this morning. Everything's still a bit crazy after the US Elections. I tried a "butterfly pattern" indicator for the first time and pulled $2500 out of Gold/Silver, combined. No proof that the indicator worked and not much understanding of how to read it. So, I learned. And, profited. I could have waited for someone to " 'splain me real good" but, being a type of renegade, I just stepped in.

Even in Binary, I trade AGAINST the trend. LOL I'm the product of a breach birth. LMAO