Happy December! Results are IN!
📈13.42% account growth (regardless of account size, assuming you started 11/1/21)
📉Drawdown remained below 30% for November, max of 26.28%.
Congrats to all our current Medallion members, as we all experienced roughly the same results regardless of account size. The beauty of this software is that it scales to any balance.
Now is the time to think about who else might benefit from this new and amazing EA! The affiliate program pays out 20% recurring revenue each month for however many people you bring in. These funds can be used for bills or added to your account to generate even more profit! Imagine getting cut a paycheck each month forever - for work you did ONCE!
Moving forwards to December:
I’ve created a perfect recipe for success in trading (see the attached image) and it goes along the line of this…
1. Consistent profit of 10% per month
-PROFITS are the driving factor for all we do. It pays our subscriptions, our personal bills and most importantly sets us up for compounding our accounts infinitely.
For example: a $5,000 starting balance
Now this is of course just for demonstrative purposes, but we can see the total change from $5000 to $17,217 is a 244% gain throughout the year based off a simple, easy to attain 10% per month. We targeted a total of 120% gain (12x10) BUT with the power of COMPOUNDING we got paid twice that at the end (244%).
So, small goals over time put you far ahead of your peers who might say “well that’s not enough, last month I did 2000%!” <- yes and then proceeded to lose it all. Regardless of how much you make, -100% is your entire chip stack. Our focus is controlling how much we’re betting and making sure we can come back to the markets every single day, ready to fight. We keep our losses small and make sure our winners are big. You'll notice a lot of big personalities go on "hot streaks" betting it all and then quickly lose it all. Just focus, we're here for the long-term.
2. Controlled trade drawdown:
-This one is incredibly important and the reason why most EA’s flat out fail. Thus, I made it a top priority. I took what we learned from the Elite EA and spun things to where we can now handle massive, market-shattering moves without even wincing. For weeks EURAUD tanked down -900 pips and we barely went -30% drawdown. Any other grid/martingale/whatever you name it would of exploded within the first -300 pips. That was a drawback of the Elite EA and was solved by the following:
-Implementing recovery trades, at a very small martingale sizing... so small it's not really even a martingale due to the software trading in both directions and leaving you net-neutral most of the time with hedging.
-Increasing the trade spacing the further you got out from your original trade. No longer do we space trades every 20 pips, but rather scale it as the market moves from your initial entry. On top of this, we also limit the TOTAL trades allowed AND the MAX lot sizing.
For example the trading pattern runs like this (with the help of MACD advanced filtering)
Trade 10: 100 pip distance
Trade 11: 100 pip distance
As you can see the further you go out, the longer it waits to take a trade. The best part of this? - You can ride out massive market events without issue & still bring in a tidy profit... while staying in a very small lot sizing!
-Implementing built-in drawdown control. Previously we used an additional file to control DD (which could potentially error out). Now we have it hard-coded so that it never skips a beat. Drawdown in this case stops at 30%, giving us over 70% of our balance to ride out whatever market storm is happening.
3. Limiting Market Exposure
-Previously, we used to run up to 5 pairs on the EA. Now, we run two. EURAUD and EURNZD. Based on my testing (both back and more importantly forward) they are the most likely pairs to return the biggest potential profit. The software can work on other pairs but these are certainly the best.
-Phew! If you've made it this far down, congrats you deserve a reward. You can use the discount code "TODAY50" to get half off your first month of the Medallion EA.
To wrap things up, we're in a very strong position with a new and advanced EA software capable of providing some serious returns. I've looked across all the data, examined where we went wrong in the past and came up with the solutions and fixes necessary to move forwards. Redesigning the logic, bringing in different stochastic such as MACD and making both profit and drawdown control top priorities revamped us into an absolute tank of a software. Slow and profitable, yet strong and unbeatable. If you're on the fence about whether to join or not, feel free to examine the myfxbook and check out my blog/social media/youtube as I plan to start publishing content very often there as well. Do your own research as only you can decide what is best. To my current members: thank you and let's have a great December!
Medallion Automated System
Looking for complete Forex Account Automation and Passive Income? 10-30%+ returns per month? Less risk and more reward? Look no further! The Medallion EA is a simple yet extremely powerful trading strategy that's designed to profit from price movements within… read more
Disclaimer: Forex trading is risky. This is for educational purposes only. Not financial advice. Only risk funds you can afford to lose.