It is time for me to update you guys the performance of my BTB strategy for the month of Jan 2018
As usual, the trade copier service is profitable for the month of Jan 2018 and I am glad to have help my student grow their account while they learn how to trade from me.
For those of you who had taken up my Fx Street Uni course, you must put in effort to practice what I have taught you in the course and make sure you only move to live trading when you manage to get 2 consecutive months of profits in your demo.
Do not be anxious about making money on the live account as I will do it for you via the trade copier service while you learn how to trade from me. Just focus on what practicing what I teach you.
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 is some emails from student of my Fx Street Uni course & Fx Trade Copier
Below are the trades
In total, there are 8 BTB trades for the month of Jan 2018 and out of them, there are 6 winning trades and 1 breakeven trade and 1 losing trade.
EURUSD
9th Jan 2018: Breakeven
GBPUSD
2nd Jan 2018: -25 pips
15th Jan 2018: +50 pips
24th Jan 2018: +50 pips
USDJPY
2nd Jan 2018: +50 pips
4th Jan 2018: +50 pips
GBPJPY
29th Jan 2018: +50 pips
29th Jan 2018: +50 pips
Profit and Loss Report
Profits = 6 x 50 pips = 300 pips
Losses = 1 x 25 pips = 25 pips
Total Profits = 275 pips
As for the rest of my strategies I teach you guys in my fx street uni course, they have made me 1,825 pips in total which is a decent month of trading for me.
In total, I made 2,100 pips (Equivalent to $21,000 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
Wow, what a start to your trade copier service.
This is the first time I ever see profits in my account. Thanks for the $500+ profit so far this month. Keep it coming.
It is so early in the month and I am excited to see how much I can make out of your service.
Thanks for publishing this report.
I am glad that I had taken the exact same trades as you. Really got to thank you for teaching such an effective strategy to me.
I am in my eighth consecutive months of profit with your BTB, Elliot Wave and Fib Strategy. You are a great mentor
You are the best, Koon Hwee.
I am glad to be part of your trade copier service.