About Fet0r
My nick is Fet0r, but you guessed that already. I was introduced into forex trading in late 2005 by some trader who invited me into his investment program.
I didn’t have any trading experience back then and without thinking twice invested $20,000 into his trading, which he lost within 6 monthes. I had observer access to the account, therefore was watching my money going away daily till it got to the point where I had left just $500 over my account.
January 2006
I made decision to change password of the account to restrict access for the trader and started learning forex trading myself.
I am not sure if was advantage or not, but I had experience how easy it is to lose money over forex, therefore when I started trading forex myself, I was very careful and disciplined. I was seeking forex forums for successful trading strategies and every strategy I was starting trading did look like a holy grail to me, how naive I was… But its a path that every newbie has to go thru…
After 6 monthes of seeking, trying and switching strategies I finally decided to switch from demo account into real starting with small $500 account over oanda broker (that I still use nowdays). I started with 1 strategy that I backtested over history for a few years and it did look successful, therefore I used it. After a several monthes I developed another strategy that I did backtest over a few years as well before starting trading.
In a few more monthes I added 3rd strategy following the same plan, at the end of 2006 I had 3 working strategies and about +30% profit over 6 monthes period.
2007
I continued with same 3 strategies, but I was improved them all the time (implementing new trading techniques). At last quarter of the year I invented 4th approach using weekly highs/low. The year ended with about +50% profit.
2008
I started some other project (not related to forex) therefore I invested less time into forex trading development (tho keeping trading on daily basis disciplined following my strategies). Nevetheless the 2008 year was a breakout year, it was a crisis year if you do remember.
At the end of year I made +280% profit! at that point I have returned the money that I lose by investing into that trader at late 2005 and was in a good profit already.
2009
Was a post-crisis year and it was an year when I started working with ForexTester program. Without any doubts this program did change my trading experience dramaticly, I gathered so much experience with it within a short period of time that would take me years to gather by live trading.
At the late 2009 I started investing new strategies and added 2 more approaches to my trading strategies package. The year ended with +40% profit.
2010
I continued hardcore strategies development using forextester, I loaded 11 years history starting 1999 and was burning it with different ideas, writing down the results, comparing them with my live s strategies, calculating proper money management risk using drawdown results.
At the summer of 2010 I had a very serious creative breakout, I developed several more successful strategies using 11 years backtest, tho started trading just a few of them (more profitable) for a simple reason – I couldn’t trade so many strategies simultaneously in realtime.
By the end of the year I had 8 strategies that I been trading live on daily basis and ended year with +35% profit.
2011
I’m still trading same 8 approaches and forex trading is my full-time job for a several years now and I decided to share my trading experience with you guys completely free. I been sharing my experience with people offline all the time during those years, so i thought “why not making a website where I can share all all experience with the world?”.
I am going to post all my trading strategies here step-by-step with all the instructions and backtesting results for you to use.
Hi, its Juha here. Just reading the website. Interesting stuff…