Ufo propu engine, closed loop

[ltseung888]

The attached picture showed the positions and thoughts. The price is around 7,000 virtual HK$. The knowledge gained is as valuable as the book "Beat the Dealer" describing the Black Jack card counting technique.

It looks like the graph shaped above is occurring. After much confusion, two sets of "offsetting" bets were placed to take care of the potential downward movement, followed by the expected up movement again.


This Forex trading game is very additive. See if the "sure win" technique can double the 200K to 400K in the next few weeks as planned...

[ltseung888]

The learning experience and the strategy to turn 200K to 5m riding on the Hedge Funds attack on RMB.

A bit surprised that there were only 5 downloads of the presentation file as of this morning.
Looks like many people are skeptical when I claimed a "sure win" strategy that can turn HK$10K to over 200K within 6 months. He who understands and takes action will become millionaires.

One individual told me, "During the Asian Financial Crisis, the Hedge Funds attacked the Thai Current. If I had betted that the Thai currency would devalue sharply, I could have made tons of money. That was the only opportunity I know as sure-win."

Actually, a similar sure-win scenario is occurring right in front of us.  Examine the USD/CNH graph carefully. If you had Opened the currency pair 18 months ago on the expectation of the value rising (RMB devalue), you would have gained 6,600 PIPs (not counting the Premium). If you had Opened the currency pair 6 months ago (Aug 2016) at 6.7000, your gain would be 1600PIPs (6.8600 - 6.7000). If the rate hits 7.5000 by the end of the year as "predicted" by some hedge funds, the gain would be very juicy(75000-68600=6400PIPs).  For full understanding, download and read the presentation file.

[ltseung888]

It looks like the Stop Loss technique is much better than the "Peace of Mind" technique where a simultaneous buy and sell are placed.  Sooner or later, a firm decision must be made. A Stop Lmeoss order does not involve an additional transaction cost.


An initial Stop Loss can be carefully thought through. The loss can be calculated first.


The "Peace of Mind" method creates much uncertainty at the point of taking away the protection. The fluctuating market gets the mind confused. Putting protection on and off and on again caused so much transaction cost that it ended in loss for me.  Stick to the tried technique of Stop Loss. Ego hurts when guessed wrong. But indecision and haste decision is worst.

[ltseung888]

A friend asked: "I would like to make HK$800 a day. I can be a day trader as I am retired. If I invest HK$200 (same as the demo account), how many PIPs do I need to gain on average per day?"


For Day Trading, there is no need to consider Premium. Each PIP is worth anpproximately HK$700. He needs to make 12 PIP profit a day on average. The transaction cost is 19PIPs. He needs to find a transaction that gives at least 31PIP gain. Note that he would be helping the Broker to make more money (19 vs 12PIPs).


Thus searching for Broker with lowest spread is important. This FOREX trading game is additive. If and when China allows FOREX trading in China with proper controls and regulations, the volume of daily transaction is likely to double.

[ltseung888]

I was at a seminar organized by Alibaba.com. Their success is no accident. The Seminar had speakers covering Government Funding, Using the Alibaba platform, logistics and selling via an Alibaba partner when one only focuses on manufacturing.

I was given a few minutes at the end to talk about Forex Trading under the attack of Hedge Funds on RMB to those interested. I was challenged to justify the statement that a 200K account can be traded to have a balance of over 3m in six months.

I used historic data and selected a six month period. I randomly started in Aug 2017 buying the pair at 6.6300 and closing at 6.8611. The gain was 2,311PIPs. At HK$100 per PIP, the gain before the daily premium was HK$231,100. That was using a margin of around HK$20K. If we use PIPs, the average daily gain in PIPs is 12.8(2,311/180)PIPs. Assume a daily premium of 4PIPs, the daily gain should exceed 8 PIPs.

If after 30 days, the gain is 240 PIPs, I Close the position. I Open 2 units using a margin of around 40K. The gain in the next 30 days should average 16PIPs. After another 30 days, I use the total gain of 480PIPs to Open 4 units etc.

With initial 1 unit (HK$20K margin), the monthly gain would be:
240 480 960 1,920 3,840 7,680

At the end of six months, the total gain would have been 7,680 PIPs.  There were no significant dip in the period selected.  Thus the net gain per Unit invested would be HK$768,000.

If I had invested 4 units, the total gain would have been HK$3,072,000. Many eyes popped out. Most did not understand the mechanism of FOREX trading. One immediately placed an Open Order. He said, "Let us plan to meet again in six months."