It is time for me to update my self formulated BTB Strategy performance for the month of Nov 2018. Sorry for the late post as I am just back from a vacation and need sometime to settle down.
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.
Below is the screenshot of one email I have received from my students
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.
For those of you who want me to trade your account for you while you learn how to trade from me, please take a look at the link below
Below are the BTB trades that were taken
EURUSD
- 2nd Nov 2018 : Breakeven
- 6th Nov 2018 : +50 pips
- 8th Nov 2018 : -25 pips
- 19th Nov 2018 : +50 pips
- 27th Nov 2018 : +50 pips
GBPUSD
- 2nd Nov 2018 : Breakeven
- 27th Nov 2018 : +50 pips
- 30th Nov 2018 : Breakeven
USDJPY
No Trade
GBPJPY
- 2nd Nov 2018 : Breakeven
Profit and Loss Report
Profit = 4 x 50 pips = 200 pips
Loss = 2 x 25 pips = 50 pips
Total Profit From The BTB = 150 pips
As for the rest of the strategies, it made me a total of 780 pips and in total, I made 930 pips last month with all my strategies.
One thing I want to tell you guys here in my blog, there is no strategies that win 100% of the time. Even the best strategies do have consecutive losses but as long as you stick to it, you will become profitable again.
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.
For those of you who want me to trade your account for you while you learn how to trade from me, please take a look at the link below
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