Market Thoughts‏

Well a bit of a rough week for me, fussin that I have had a losing weekhere.....

But, I look at it, $788.43 gained on a 5k account in 1 month, Live with MBT.(sometimes despite myself)...

That is a 15.8% Increase in the account if I stop now...

So to put in into perspective....

15% increase, and we are at the end of the quarter,FOMC out, Market don'thave a clue, Stocks has been down and up in a 500 point oscillation. Punditsare about to commit suicide since no one has any bearing...

I think I will celebrate instead of feeling aggravated.......

Next week is 4th July, make sure your NOT trading day before holiday breakand until after holiday break.

Sunday, I am going to look over fundementals of the market, and giveeveryone my thoughts, also tell you what I am looking for. Basically the EAtakes care of most everything, EXCEPT fundementals, that is the clues weneed to look for and study a bit. Not hard, and not a lot, just enough tosay, "market is not where I want it to be"....

We will also send out the 5k account and my live account with MBT out forstats to look at... Have a GREAT Weekend.

Andy <> Stapleton

Friday thoughts‏ from Andy

Wild week this week.... Definitly wild, the 1200 or so pip moves on Wedcertainly helped trading and the loss's that occurred on the EUR/CAD daybefore..

I am pleased to hear that quite a few are 20%- 40% up on the accounts sincethey started as well as this month alone.... This tells me we are on theright track...

We are still working on a more streamlined website, trying to simplify it asmuch as possible. For this weekend my suggestion is to review your tradestyle, make sure it is what you want..

G20 meeting thru Sunday, so I will shut down for the weekend and restartMonday...This is also the last 2 weeks of the quarter, expect some repositioning andsetup for some retracements/consolidations that will startup the july - septarea as most of EU will be vacationing.

I have been noticing quite a few are reapplying templates constantly....

Here is my suggestion,


IF your using your personal computer for demo, do as you wish... But themore things that you run, the internet may get slower , and that can affectyour trading.

If it is a LIVE account, spend the 400-500 bucks and BUY a dedicatedmachine, or click on the ForexVPS link on the website and setup the VPS. ITIS WORTH YOUR MONEY. We have 3 VPS accounts, and I also run 2 dedicatedtrading computers at my house, so don't skimp on it..

You should Not have to reapply each day, I don't, I reset each machine onSunday, basically turning them off on Friday and restarting Sundayafternoon. IF your switching timeframes a lot, let me know, it could bepartly the issue, I will attempt to get around it.


On another note, TEXT, since we have quite a few newbies in the group, Iwill reiterate the TEXT, a TICK or 2 may enter you into a trade when theTEXT never changes, ALSO demo vs live can be different in pips andcalcuations of the internal algorithms... Even between people.


1st is the calcuations, If the market is moving, then you may not see thetext change , as that DOES cause flickering which I consider annoying.. Soit is last on the list to be done. And if another tick does come in , thenit is skipped.


So if the text doesn't change , and you think it should, then reapplying thetemplates will not help as since it RESETS everything, you may not get intoa trade you need to get into. Or get into a bunch you don't want to...Again. The calc's are first , and the program will do it's job whether ittells you everything or not....unfortunately the MT4 platform causesthese issues, and my job is to basically make sure the TRADING is accurate,more than display....


Build 1032 will be out soon, this will automatically refresh the screen once, each time of your time settings so if your 1pm to 5pm, it will make surethat text is refreshed at 1pm and 5pm...

Also it should smooth out some calls to the internet as well.


Thanks for everything, we are definilly doing well..

Andy <> Stapleton

Andy's trading thoughts -- brokers and accounts‏

In a discussion this morning, we talked about how to treat an account andmake it work. FAR to often this gets to be a game, highest score wins, wellthat really is not the goal.

What is the goal? GET MONEY BACK... Far to often we build an account, andsee profits thrown away and cannot restart...

After losing 400k from a broker that NEVER had a issue with the NFA, thenBLAM, shut down with 800k of funds in it, losing about 1/2, my philosophychanged.


The starting amount of your account should be what you can afford to lose,give to your children (expecting not to get back, or family). MIN Baseamount is what it would take to run 1 mini lot with suffient reserve (10kfor the EA).


So lets say that is 5k. (current amount I am starting with MBT).


Step 1: EACH month it grows, even if it is 50 bucks, I am pulling the fundsback down to my base till I get back ALL of the 5-10k first.

So now, if we are talking 5-10% gains, then we are looking at several monthsof patience as this money is returned and collected.

Step 2: once this has been ALL returned, then I would be pulling 1/2 thegains each month allowing the funds to grow till I have a BASE amount thatallows me to pull my expectation of gains back. At the moment with current %gain proven on the EA, that is around 50k.

Step 3: EACH month after that, I will Pull ALL funds back to the baseamount. Leaving NONE in there except the base...


This is no different than say a dividend paying stock or company, thedividends you would then fund other investments that are less risky and payas well.

That is my goal. And what you will see as I move forward with the MBTaccount.


Comments by Andy Stapleton

This week - and thoughts‏

Well we seem to be doing much better with the 1031 build, attached is one of our newest members Jane, from a group in FL, this is her results for 1 week on a demo account.

I started a Live 5k account last week, also and using 1/2 mini as we recommend, it has gained 10% already, little over 530.00 for the 8 days. I will be publishing this on the web next week each day.

NFP today is out, so I am off,

Also we are going to be rebuilding the website to streamline some issues, and make it easier to change or use. so that will be a couple of weeks out but don't be surprised when it shows up..... With this new website, we will have the ability for the accounts to show you your STATS like we have, couple of info's on your part and blam, your own stats on the screen, giving you the ability to view them or publish them to your friends....

Membership, we are little over 1/2 way there on memberships to our limit, I am going thru demo's accounts and those that have been playing for a long time, either need to get motivated, or I will open the slot to someone else..... no offense, but as the live accounts grow, paying attention to those that have risk will take precidence... since we had been changing and modifying the EA for awhile, the extra month was "the right thing to do"....

I will say this; the last few years development has been a Love/chore/hateful/nasty/wonderful/never do it again/won't stop now, experience I have had in my life, and frankly I am proud of not only where we are , but that y'all are here and reaping the benefits also....

MBT----- yes, talking with them to get us in as early as possible, I expect that late this month ,early next they should be ready, this is a wonderful opportunity for MT4 traders for sure... once they are ready you will get a email from me with a link to get started.

IF you are new and want to learn a bit of the basics, as well as get a good JW can help you over at www.forexmgr.com he has intimate knowledge of the trading styles I use.

If your wondering where to open an account, click on the FXRebates image on the website, they have several that use MT4 and give you back money for your trading....also, if your waiting for MBT, email me, I will put together a list for them ...