It is time for me to update you guys the performance of my BTB strategy for the month of March 2018. Due to the trade war possibility between US and China, the market is moving in an unusual manner and a lot of my trading buddy are also finding some difficulties riding the trend.
For those of you who had taken up my Fx 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 are the BTB trades that I have taken for the month of March 2018
EURUSD
- 2nd March 2018 : +50 pips
- 6th March 2018 : Breakeven
- 9th March 2018 : Breakeven
- 15th March 2018 : +50 pips
- 27th March 2018 : -25 pips
GBPUSD
No Trade
USDJPY
No Trade
GBPJPY
- 2nd March 2018 : +50 pips
In total, I took 6 trades and there is no trading opportunity on the GBPUSD and USDJPY at all. Some of you may think that the BTB no longer works but trust me, I have been using BTB for 10 years and there are indeed some months where we can’t find a lot of trades for the strategies but I can say that 85% of the time, you can get a lot of trading opportunity.
The low BTB frequency last month is mainly due to the erratic market movement due to the trade war issue but still the strategy manage to produce another profitable month.
Profit and Loss Report
Profit = 3 x 50 pips = 150 pips
Loss = 1 x 25 pips = 25 pips
Total Profit = 125 pips
As for the rest of my strategies I teach you guys in my fx course, they have made me 1,250 pips in total which is a decent month of trading for me. This month has a lower profit as compared to the other months so far due to the lesser BTB trades frequency.
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
Hi
Thks for the report.
I have been using your BTB for six months and I am really impressed with the performance.
Really grateful that you are willing to share such good strategy with others
Hi Mentor
As usual, you have never failed me and thank you for the report
Hi
I really love your strategies as they are very easy to execute and they allow me to trade in any market conditions.
I have been with your service since December 2017 and my account has grown by quite an amount since then. I do see consecutive losses on my account with the service but I am always amazed by the way you manage to make back all the losses and turn my account into profits.
You are really a good trader and I am inspired to become someone like you.