It is time for me to update you guys the performance of my BTB strategy for the month of Feb 2017.
For the month of February, it is a very good trading month for me and I hope that all my students are doing as well as you guys are using the same strategies as me.
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.
Do note that this forex strategy does not have 100% winning percentage. In fact, all my strategies do not have 100% winning percentage as there are no such strategy on earth. If you want to become a profitable trader like me, you will first have to realize the fact that there is no way you can win 100% of the time.
What we traders look for is a strategy with at least 70% winning percentage and risk reward ratio of 1:2. With such a specification, you will find that you will be profitable every single month in trading like me.
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 is some comments and emails from student of my Fx Street Uni course and user of my trade copier service
- 1st Feb 2017 0545: -25 pips
- 10th Feb 2017 0245: Breakeven
- 15th Feb 2017 0300: Breakeven
- 20th Feb 2017 1915: +50 pips
- 15th Feb 2017 0215: +50 pips
- 20th Feb 2017 1800: +50 pips
- 1st Feb 2017 0415: +50 pips
- 8th Feb 2017 0830: Breakeven
- 9th Feb 2017 0200: +50 pips
Profit and Loss Report
Profits = 50 x 5 = 250 pips
Losses = 25 x 1 = 25 pips
Total Profit = 225 pips
As for the rest of my strategies I teach you guys in my fx street uni course, they have made me 1,025 pips in total which is a decent month of trading for me.
In total, I made 1,250 pips (Equivalent to $12,500 profits based on trading 1 standard lot per trade)
In order to help my student grow their account with my BTB strategy, I have created a Forex Signal Service where students can link their account to mine so that whenever I enter a trade on my platform, it will automatically be triggered on their account with the same stop loss and target profit as me.
Do note that I will be trading BTB as well as the trend strategy for user of my trade copier service. However I will select those trades with highest winning probability for my users.
If you are interested to find out more about this copier service, simply click on the link below for more information