It is time for me to update you the performance of my BTB strategy for the month of Sep 2018.
For those of you who have taken my forex course, you can verify the trade to see if you have missed out on any.
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.
- 11th Sep 2018 : Breakeven
- 13th Sep 2018 : Breakeven
- 14th Sep 2018 : -25 pips
- 24th Sep 2018 : -25 pips
- 28th Sep 2018 : +50 pips
- 3rd Sep 2018 : +50 pips
- 10th Sep 2018 : -25 pips
- 11th Sep 2018 : -25 pips
- 13th Sep 2018 : +50 pips
- 27th Sep 2018 : +50 pips
- 10th Sep 2018 : +50 pips
Profit and Loss Report
Profit = 5 x 50 pips = 250 pips
Loss = 4 x 25 pips = 100 pips
Total Profit For BTB = 150 pips
Despite a volatile market last month due to the US tax tariff issue, we still manage to clock 150 pips with the BTB (equivalent to $1,500 based on trading 1 standard lot per trade).
However with the combination of the other strategies taught in my Fx course, I still manage to clock in 945 pips in total (Equivalent to $9,450 based on trading 1 standard lot per trade).
Besides my forex trading, my Special EURUSD Scalping technique makes me a total of $11,500 which makes September a good trading month as well.
For those of you who are still struggling in your trading, you can take a look at my Fx course via the link below as it also comes with a signal service for all students.