It is time for me to update you guys the performance of my self formulated BTB strategy. For those of you who are a student of my Fx course, please take some time to go through each trades that I have posted below and check if you have taken them.
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
Below are the trades
- 6th June 2018 : +50 pips
- 8th June 2018 : +50 pips
- 13th June 2018 : -25 pips
- 28th June 2018 : Breakeven
- 4th June 2018 : -25 pips
- 12th June 2018 : +50 pips
- 19th June 2018 : -25 pips
- 21st June 2018 : +50 pips
- 27th June 2018 : +50 pips
- 3rd June 2018 : Breakeven
- 18th June 2018 : +50 pips
Profit and Loss Report
Profit = 6 x 50 pips = 300 pips
Loss = 3 x 25 pips = 75 pips
Total Profit = 225 pips profits
If you are trading one standard lot per trade, you will be making $2,250 with this strategy. If you are trading 0.5 lot per trade, you will make about $1,125 with this strategy.
So if you are a student of my course, please put in effort to practice what I have taught you as the strategies really work.
In order to help my student shorten the learning curve, I have created a BTB Alert Service where students will receive an email alert from me once the BTB trade has been validated. In the email, you will see a live video analysis showing you where exactly you should enter the trade and where to exit it.
As most of you are having a day job on hand, after watching the video analysis, you can then enter the trade via the MT4 apps on your phone. However I will recommend you to look at the chart yourself to validate the BTB setup before you enter the trade. This will help you to shorten your learning curve and make profit from the strategy as well.
If you are interested to find out more about this service, simply click on the link below for more information