Never Lose Again

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Manwalker
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Postby Manwalker » Mon Nov 17, 2008 4:01 pm

Hi Hi,

ok I have trie to trade this strategy and must say not good, bye bye!

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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 17, 2008 7:14 pm

pierre23 wrote:Tro, if you have time (and if its not too much effort) would you be able to create dragon's money management system in an excel file? I havnt done any excel programming in years so I'm finding it difficult to even code simple equations.

cheers


I HATE CODING IN EXCEL
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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pierre23
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Postby pierre23 » Mon Nov 17, 2008 11:15 pm

Thats fine... I've seen posts where you've posted excel files (10pips a day, and some others I can't remember) so wouldn't have thought that you "hated" coding in excel. :smt102

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TheRumpledOne
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Postby TheRumpledOne » Mon Nov 17, 2008 11:45 pm

Just because I do it (sometimes) doesn't mean I like it.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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pierre23
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Postby pierre23 » Mon Nov 17, 2008 11:48 pm

lol, fair enough..

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Dragon Tunnel Whereabouts

Postby libyanballa » Tue Nov 18, 2008 2:35 am

hey TRO, i was just wondering what was the name of that indicator that you coded based on Dragon's emas...

i think it was called dragon tunnel but i looked through all the indicators and couldnt find it for some reason?!??

pierre23
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Postby pierre23 » Tue Nov 18, 2008 2:55 am

It's called TRO_Tunnel_Dragon and you can find it in the NeverLoseAgain.zip file on the Never Lose Again thread on babypips. I think it's one of the files posted half way into the thread

edit: Theres a LOT of pages on that thread, might be a pain to find it, I've uploaded for you here
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xmess7
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Postby xmess7 » Tue Nov 18, 2008 7:52 am

Pierre:
It's really ok. Next time just tell the user to go to the title of Never Lose Again on babypips and to click on the PAPERCLIP ICON. A window will appear and it will show all the files and images that have been uploaded. It's really easy at that point. The user just scrolls down all the files and clicks on what they need to download.

pierre23 wrote:It's called TRO_Tunnel_Dragon and you can find it in the NeverLoseAgain.zip file on the Never Lose Again thread on babypips. I think it's one of the files posted half way into the thread

edit: Theres a LOT of pages on that thread, might be a pain to find it, I've uploaded for you here

pierre23
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Postby pierre23 » Tue Nov 18, 2008 7:58 am

oh true.. lol! thx

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Postby pierre23 » Tue Nov 18, 2008 8:53 am

Well, I had a crack at using excel, attached you'll find my MM calc.. The default account size is Micro, this is only for changing the lot sizes for ease of use. (You must go to Tools > Macro > Security and change the setting to Medium or Low then restart Excel to have the Account Size options work).

It's pretty straight forward.. you have your inputs:

ACCOUNT - how much your starting accnt is
% RISK - % of risk on accnt balance at all times
% PROFIT - % of profit you want to make (in my case 10% daily)
SL - Stop Loss target
TP - Take Profit target

and the rest is the info based on your specifications.

This is a real basic calc, please, if you find something wrong with it LET ME KNOW! I will be putting my settings in and following this.. the last thing I want is to have some digits not right.

I have taken note of Dragons MM, so with this I can have 20 consecutive losses (unlikely, but you never know..) and still have MORE than half my account left at all times.

As mentioned, put your % Profit in and you can mentally set how often you want to achieve this. For me, I plan to try and abide by this daily. For you, maybe you want to achieve 10% or 20% or 50% a week, therefore my $ Daily Profit Target will be your $ Weekly Profit Target.

Cheers.
Pierre
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