Saturday, June 24, 2017

Forex BTB Strategy Performance Report For December 2016


I will like to take this opportunity to wish all of you here in my blog a Happy New Year and wish all of you a good trading year.

It is time for me to update you guys the performance of my BTB report and in a blink of an eye, I have posted this performance report for 5 consecutive years month after month without failed. I am thankful for the support of my readers as well as the constant email interaction between me and my readers which makes this blog more meaningful so that I know there are really people out there who are appreciating my works.

As usual, the December month is always a quieter and weird month for trading as the price do not trend that much as compared to other months due to the festive mode of the traders.

As my BTB is a trend riding strategy that provides high risk reward ratio, there are lesser trades this month as compared to other months. With the lack of momentum and trend, the strategy does not perform as well as other months but still it makes me profits in the end with the high risk reward ratio which again demonstrate to you the importance of risk reward ratio in trading.

The purpose of this performance report is to help students check if they had taken the same trade as me throughout the month or not. At the same, it is to show readers that risk reward is the key to profitable trading.

Do note that there is no strategy that wins 100% of the time. My BTB strategy does also produce losing trades at times and you can see them on my past performance report.

Information about BTB Strategy

The BTB strategy is formulated by me for my own trading and you will not be able to learn it elsewhere. Do note that personally I used this strategy only on the 15 minutes chart but feedback from students tell me that it works pretty well on other time frames as well.

Do note that this forex strategy does not have 100% winning percentage. In fact, all my strategies do not have 100% winning percentage as there are no such strategy on earth. If you want to become a profitable trader like me, you will first have to realize the fact that there is no way you can win 100% of the time.

What we traders look for is a strategy with at least 70% winning percentage and risk reward ratio of 1:2. With such a specification, you will find that you will be profitable every single month in trading like me.

Some readers thought that break the bands strategy is just as simple as waiting for the price to break the bands and they are absolutely wrong. There is a process where you need to use to verify if the trade is valid or not. This is to prevent you from getting into more losing trades and this is a techniques that I have derived over the years to allow me a lot more winning trades than losing trades in this strategy.

Do note that I have the habit of shifting my stop loss to breakeven when the price has moved certain pips in my favor and I also teach this techniques in my course to  help my student protect their hard earned money.

That is why you will see breakeven trades in my performance report. Sometimes, there will be trades which trigger the breakeven stop loss and then moved in our favor, but this is something we have to accept as a trader. The difference between pro trader and new trader is the protection of account.

Pro trader cares about their account more than profits as there are always another trade available as long as we have money in our account. New trader only cares about the profits and nothing else.

Below are some emails I have received from students of my Fx Street Uni course and user of my trade copier service

Below are the details of the trades taken

EURUSD

  • 6th Dec 2016: -25 pips

  • 8th Dec 2016: -25 pips

  • 9th Dec 2016: +50 pips

GBPUSD

  • 9th Dec 2016: -25 pips

  • 13th Dec 2016: Breakeven

  • 15th Dec 2016: +50 pips

USDJPY

  • 9th Dec 2016: +50 pips

GBPJPY

  • 6th Dec 2016: -25pips

  • 7th Dec 2016: +50 pips


In total, there are 9 trades taken using BTB for the month and this is pretty common in December due to the festive season and the mood of the traders.

There are 4 wins, 1 breakeven and 4 losses.

Profit and Loss Report

Profits = 4 x 50 pips = 200 pips

Losses = 4 x 25 pips = 100 pips

Total Profits with BTB for Dec 2016 = 100 pips (Equivalent to $1,000 profits based on trading 1 standard lot per trade)

As for the rest of my strategies I teach you guys in my fx street uni course, they have made me 830 pips in total which is a decent month of trading for me.

In total, I made 930 pips (Equivalent to $9,300 profits based on trading 1 standard lot per trade)

In order to help my student grow their account with my BTB strategy, I have created a Forex Signal Service where students can link their account to mine so that whenever I enter a trade on my platform, it will automatically be triggered on their account with the same stop loss and target profit as me.

Do note that I will be trading BTB as well as the trend strategy for user of my trade copier service. However I will select those trades with highest winning probability for my users.

If you are interested to find out more about this copier service, simply click on the link below for more information

Comments

5 Responses to “Forex BTB Strategy Performance Report For December 2016”
  1. Johnny says:

    Good trades as usual. Just want to let you know I am a satisfied student of your course and user of your trade copier service.

    • Lee Kelvin says:

      Hi Jonny

      The main purpose of the service is to show you that my strategies works so that you will work hard to master it.

      Glad that you are satified

  2. Jennifer says:

    Hi Kelvin

    I am a stay home mom and I have just joined your course last month. However from your trade copier service, I can see how professional you are and I am glad to have taken the leap to take your course.

    Thks for making me $800 last month with your trade copier service.

  3. Taylor says:

    Hi Kelvin

    Nice to see your report again.

    I must say that your course is simple and reliable. I am in my 9th consecutive months of profits with the strategies you teach in the course.

    Thks for sharing such reliable strategies with me. What I learn from your course is much better than what I learn from those $3,000 seminar.

    • Lee Kelvin says:

      Hi Taylor

      The price of the course does not determine the quality. There are also a lot of people doing offline seminar that costs thousands to join teaching those simple stuff to new trader.

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