It is time for me to update you guys the performance of my BTB strategy for the month of May 2018. Due to the market volatility, there are not many BTB trades last month. If you have been following my blog for years, you will know that there are months where this happens and that is why we need more than one strategy to trade.
Information about BTB Strategy
The BTB strategy is formulated by me for my own trading and you will not be able to learn it elsewhere. Do note that personally I used this strategy only on the 15 minutes chart but feedback from students tell me that it works pretty well on other time frames as well.
Some readers thought that break the bands strategy is just as simple as waiting for the price to break the bands and they are absolutely wrong. There is a process where you need to use to verify if the trade is valid or not. This is to prevent you from getting into more losing trades and this is a techniques that I have derived over the years to allow me a lot more winning trades than losing trades in this strategy.
Do note that I have the habit of shifting my stop loss to breakeven when the price has moved certain pips in my favor and I also teach this techniques in my course to help my student protect their hard earned money.
That is why you will see breakeven trades in my performance report. Sometimes, there will be trades which trigger the breakeven stop loss and then moved in our favor, but this is something we have to accept as a trader. The difference between pro trader and new trader is the protection of account.
Pro trader cares about their account more than profits as there are always another trade available as long as we have money in our account. New trader only cares about the profits and nothing else.
Below are some emails and testimonials I have received from my students
- 1st May 2018: +50 pips
- 11th May 2018: Breakeven
- 28th May 2018: +50 pips
- 2nd May 2018: -25pips
- 9th May 2018: -25 pips
Total Profits and Losses
Profit = 2 x 50 pips = 100 pips
Loss = 2 x -25 pips = -50 pips
Total Profit = 50 pips
As for the rest of my strategies I teach you guys in my fx course, they have made me 550 pips in total which is a good month of trading for me.
In total, I made 600 pips (Equivalent to $6,000 profits based on trading 1 standard lot per trade)
In order to help my student grow their account strategy, I have created a Service where students can link their account to mine so that whenever I enter a trade on my platform, a similar trade will be triggered on your platform automatically
If you are interested to find out more about this service, simply click on the link below for more information