Saturday, May 2, 2015

April, 2015 Month End Review 


Are You Kidding me?????
The month of April, started wonderfully, but ended going down in flames, and started the month of May off at loss. Yes. This is the 3rd straight month of losses. Am I concerned? slightly. Discouraged? Not one bit. 

How did this happen?

Since March, 2015, I have been trying to develop the perfect trading system.
Note, I did not say The holy grail. I said The perfect Trading System. The Perfect trading system must have have four (4) specific, non negotiable characteristics.
1. It must compliment the trading personality of the GBPUSD.
2. It must compliment the trading hours that we trade.
3. The trading signals ( Entry, Exit, SL) must be clear and unambiguous.
4.  The system must be simple to understand and apply.
Coupled with the Trading System, there must be the Perfect Money Management System.
Let's face it. It is quite possible to have the world's greatest, most profitable trading system in the world, and you can still blow up your account, and lose all of your money. How? In three (3) easy steps.

1. You bet the farm. ( Too much risk)

 2. You lose. ( Losses can and will happen. Even with a trading system that wins 99% of the time, its' that little 1% when the system randomly loses, when you bet the farm, is what kills you.

3. You're done.

 I, like Thomas Alva Edison, ( the inventor of the light bulb) have been experimenting to see what works, and what does not work, and I think I finally have put together the PERFECT Trading system. It satisfies all the requirements I have, and it confirms trade entries twice. That's right, twice.
Here is what it looks like.









I have changed the background color to white, highlighted the trading hours in grey, changed the moving average colors so they are easier on the eyes, changed the candle colors, changed the ma cross arrow to red, and I have added the secret sauce. You see that little black unassuming arrow? That, my friend, is the secret sauce. That is The Black Ops Trend Confirmation Arrow. This arrow lets me know when the trend change has been confirmed. Yes, I am quite stoked! After months of working 7 days a week to make this happen, I finally see the "fruit of my labor". I believe this trading system will be THE trading method, that will turn a small $1,000.00 account into over $ One. Million. Dollars.

My Black Ops Trend arrow identified the trend as being bearish, the entire trading session. The entire session.    

I cannot wait for the next trading week to start. I am so excited to see what May will bring. To get rid of these draw downs, and move into consistent profitability, will be a thing of beauty indeed. 

To my critics that say I can't do it, and  that it cannot be done, I want to say thank you, from the bottom of my heart.  You motivate me more than you will ever know, and besides, it is free publicity. :)

One more thing, how may traders, professional or otherwise, are willing to trade publicly?
It's easy to talk the talk, but things get a lonely when it actually comes time to come from behind marketing pages, slick advertising and teaching. Not to many of the so called gurus are willing to risk their reputations by actually doing what they teach others to do, that is. Trade.    

Have a great weekend. I have been working non-stop since Friday, May 1. It is time for me to get my weekend started.

Best, 

CII

2 comments:

  1. What happen , did you quit, you have to keep trying , never give in

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  2. Hi, this is Charles. Thanks for posting this very encouraging word. I did not quit. I needed to go into the "woodshed". I needed to step away, re-evaluate, re-group, and re-load, and now I am back! Thank you for following the trading challenge, and your warm comment.

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