How to Maximise your Profits

Hi All,

after digging even more from our Trading Mentor, he finally agreed to let us pyramid the trades in order to maximise our profits! :) BUT it is only limited to TA and CBO.

Well, for USD/JPY current trend, he mentioned that this is how famous traders earned their millions and millions of dollars - Well defined bear market. Hence, this should be the time where we should agressively pyramid TA and CBO :)

Currently, I am only have 12 contracts on the trend. If Courtney were to share with us earlier, I would have probably 15 to 20 contracts on it :P *Not that I like to complain*

Your Friend,
Max

Channel BreakOut Codes

55 Days High & Low Channel BreakOut Code

// Define a period
period = 55

H = highest [period]( high )
L=lowest [period]( low )

return H as "55-Day Channel Highest", L as "55-Day Channel Lowest"

20 Days High & Low Channel BreakOut Code

// Define a period
period = 20

H = highest [period]( high )
L=lowest [period]( low )

return H as "20-Day Channel Highest", L as "20-Day Channel Lowest"

Yes I broke the Rule and got Punished... T.T

Hi All,

yesterday I tried to do something Courtney taught us to do - when to break the rule. Yes, you heard me - Break the Rule. And backfired, got punished - Stop out. *HAHA*

It was a Channel Breakout for EUR/USD *almost* hence, I used the high of the bar instead of the 55 day high. And what happen? Double Whammy and all my trades were stopped out T.T I guess I am still not ready to break the rule yet :D Well, I shall talk to Courtney about this and get back to the blog where I have gone wrong breaking the rule... for now, I will just follow the rule :P

Your Friend,
Max Tay