How many of your are profitable in FT3?

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windsurfingstew
Posts: 3
Joined: Fri Jun 23, 2017 6:55 am

How many of your are profitable in FT3?

#1 Postby windsurfingstew » Fri Jun 23, 2017 7:05 am

FT3 is a really good tool for practicing chart reading. As a question, how many of you are significantly profitable in FT3 (without reversing up in a chart or knowing future outcome in advance)?

windsurfingstew
Posts: 3
Joined: Fri Jun 23, 2017 6:55 am

Re: How many of your are profitable in FT3?

#2 Postby windsurfingstew » Thu Jan 11, 2018 12:57 pm

Any takers on this?

JJLL
Posts: 63
Joined: Sat Jun 06, 2009 8:50 pm

Re: How many of your are profitable in FT3?

#3 Postby JJLL » Fri Jan 26, 2018 5:14 pm

If you're not getting many responses. I think I can tell you why.

FT is an application that helps prove the profitability of your trading method. It will not create a method, or make profits for you. Think of it like this...

If you are an artist and you are painting on a canvas, the canvas is your tool. In this case, FT is the canvas/tool. Now if you can sell your painting and make a profit, that's another story :)

FT has been awhile for many years and it's a strong platform for back testing the currency market. If you do not have a method to test or develop, FT may not be for you. But if you do have a method or would like to test one that you've created. FT can offer some nice features to help you prove that your theories are correct.

Hope that helps.

John1001
Posts: 6
Joined: Wed May 15, 2019 6:13 am

Re: How many of your are profitable in FT3?

#4 Postby John1001 » Wed May 15, 2019 6:32 am

I guess i have 3 profitable strategies but would you share a profitable strategy to peoples you dont know? Ask this yourself. I dont shout it on forum. Will teach only to people i know very closely and even they are skeptical and seems like they dont appreciate much my secrets..

I guess i can share 1 strategy that is profitable on right conditions of market. I use this strategy only with 2 Small accounts and dont expect much.. but its the money i dont need right now and if i ever need to withdraw my money i will do that.

1 Strategy is to buy/sell with 200ema when price pierce 200ema and now 200ema starts sloping up/down you wait for pullback close to it. you buy or sell but only taking trades in the direction you anticipate price to move. You get low risk and potentially high reward trades on daily, weekly, monthly charts. One could use this method on lower timeframes but i find daily timeframe works best. So youre in the trade. If price close above ema when you sell. You close the trade and set sellstop to your original price. If price trades below 200ema you let it be open. This is my investing strategy but taking daytrades can profit much quicker and you find more trades.. just keep practising.. even losing strategy is more experience to you.

John1001
Posts: 6
Joined: Wed May 15, 2019 6:13 am

Re: How many of your are profitable in FT3?

#5 Postby John1001 » Sat Jun 15, 2019 1:51 am

i can now trade short term and long term can trade 1hr daily and weekly. The investing strategy has evolved. I find i average 10-30% profit annually when trading weekly charts is easier than you might think. and this is just one pair. oh and the drawdown was 19%
i profit much quicker on daily and 1hr charts but i will part of the money invest when there is cheap price to buy

Just practice buying pullbacks there you get cheaper price and test all risk reward ratios. Find where logical stoploss spot is thats hard to get hit.

John1001
Posts: 6
Joined: Wed May 15, 2019 6:13 am

Re: How many of your are profitable in FT3?

#6 Postby John1001 » Sat Jun 15, 2019 2:21 am

i have a system that made more than 100% annually eurusd 2015 survive the ranging market, +90 trades. need to test 2018.05.01 - 2019.06.01 period does it happen again :-D

John1001
Posts: 6
Joined: Wed May 15, 2019 6:13 am

Re: How many of your are profitable in FT3?

#7 Postby John1001 » Sat Jun 15, 2019 2:22 am

oh and 2016.. Still needs to test a lot more

John1001
Posts: 6
Joined: Wed May 15, 2019 6:13 am

Re: How many of your are profitable in FT3?

#8 Postby John1001 » Sat Jun 15, 2019 2:31 am

woops already tested 2015 - 2016.12.14 169 trades.. i think maybe live condition might be less but i took all trades i can see starting from 1000$ added 1200$ deposit year end like i would put 100$ add on every month normally.. 8047$ profit

John1001
Posts: 6
Joined: Wed May 15, 2019 6:13 am

Re: How many of your are profitable in FT3?

#9 Postby John1001 » Sat Jun 15, 2019 4:02 am

seems to me there is not much reason to trade pair that is jumping up and down.. i have tested a little 2018 eurusd and have to say there must be better pairs to trade during that time.

Fxexpat
Posts: 3
Joined: Mon Jun 10, 2019 9:50 pm

Re: How many of your are profitable in FT3?

#10 Postby Fxexpat » Wed Jun 19, 2019 11:24 pm

Don't know about FT3 but FT4 yeah sure, but its fine to be profitable on a back testing programme, its when you go live with real money is where it counts and current system is going fine.

Here i am working on a new EA which is doing 65% winning trades compared to 35% loosing and just adjusting here and there to milk the trades even more and before you ask, off a trading acc of $10,000 and trading 1 standard its giving app 17% return per month tested on average but it is still getting out of trades too early leaving a lot of pips on the table hence why I'm here testing and adjusting.


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