MUT is wonder :)

Hi all,

I just want to give MUT is fantastic testimony :)

MUT is really a good method to generate about 5 to 10% of our capital per month. Just in this week, ignoring the stupid things I have done for 20 days momentum, MUT have made me about 7% of my total equity! This something rather amazing. If you still are not sure what's happening with MUT, its good idea to find someone who knows and explain. :)

Your Friend,

Max Tay

Cashflow Warrior Academy

Haiz...

Hi All,

Recent trading experience told me that I should not be trading when I am travelling... makes plentiful mistakes. Hahaha... I was waking up like 5am tokyo time to setup my trades as I need to go off at 7am tokyo time (8am Singapore time).

Nonetheless, I am still in learning mode. Good experience but using money to get it :P I will use more restrictions when come to CoFlex, 20 day momentum and Conquerer. MUT is doing well, seriously not recommended for non-breakout trades including Renko.

Looking forward to a good week.

Max Tay

Painful lesson last week

Hi All,

I learnt quite a painful lesson last week where I shouldn't pyramid using the same method unless all methods have been used. This is to be on the safe side. Diversify through time helps us to more or less confirmed the trend and all positions should be positive and this is the best time to pyramid using the same methods :)

Your Friend,

Max Tay

Going Japan for 1 week

Hi All,

I am going to Japan for a Research Trip. I am bringing my laptop there but I might NOT be available to tabulate my trades. I do my best to but if can't so sorry about it :(

Your Friend,

Max Tay

Shifting of Blog soon...

Hi All,

My Internet Business Specialist, Andrew Boey is in the midst of setting up the Max Futures Profit blog to be at Cashflow Warrior Academy website. Once, it is setup, i will just update from there onwards. So stay tune. :)

For now, it will be here first until the location have been setup.

Max

Problem with Renko

Hi All,

I am facing a little tiny issue with Renko where there is a divergence of the boxes. E.g. AUD/USD i sometimes see 2 extra box and sometimes I don't. Meaning some of you may find my Renko entry is different from yours.

If you do have it, please feedback to me. I will be bringing this issue up to Courtney :)

Your Friend,
Max

It's Updated!!!

Hi All,

Finally my blog is updated!!! :) Well, I am still short of shifting the website to Cashflow Warrior Academy... I need to speak to our Internet Business Specialist Andrew Boey regarding about it.

please comment on the new excel file :)

Your Friend,
Max Tay

FREE Stuff! Commitment of Traders

Hi All,

Commitment of Traders show us where is all the smart money are doing, which in my humble opinion is a VERY VERY important indicator. ScarrTrading needs us to pay $20 a month for it but I found a Good Commitment of Traders Chart for All futures and the best part is that ITS FREE! Anyway, the link is at http://www.dailymarkets.com/commitment-of-traders/.

Enjoy :) *Sorry Courtney* :P

Your Friend,
Max

Courtney Smith's Support Group Gathering

Hi All,

We are holding the next Courtney Smith's Support Group this coming wednesday 11th November 2009 730pm at Kreta Ayer CC. The location of the CC is at http://www.streetdirectory.com/asia_travel/travel/travel_id_4816/travel_site_4640/.

You can email me at Max.Tay@MyCFWA.com.

Your Friend,
Max

1st Day @ Courtney Smith's Mastermind Seminar

Hi All,

I am again blown away by Courtney's teaching. Totally amazing with regards to Risk Management and Renko method. A bit sad that we couldn't hear Andrew Cardwell session on RSI. It is rather an important one as Andrew Cardwell is going to share with us how to use RSI to see trend change (NOT using divergence).

He states that if we are using RSI for trend divergence, we will see multiple divergence in a strong trend. Hence, he has a way to use RSI to indicate trend change on top of divergence... :) Amazing...

Look forward to Day 2...

Max

New Update to blog

Hi All,

I am still in the midst of revamping and shifting the blog to Cashflow Warrior Academy website :) please bear with me.

Anyway, I am now working on purely on Courtney Smith's Methodologies only on the 10 pairs I was talking about. Though my account is drawndown, but after reading the book Trend Following by Michael Covel, I am pretty much confident that it is a matter of time that my account will go back up again :)

Your Friend,

Max Tay

Original 20 Day Momentum ProRealTime Code

Hi All,

this is the code for the original 20 Day Momentum in ProRealTime.

period = 20

C = close [period]

return C as "20th Day Close"