Use context Lucariga... If weekly trend is long and you get a daily engulf short... safe tp will be next weekly SR. Then react... watch price at the SR, if you blast straight through, you're going to the next. With time and practice you will be able ...

H4 Power

yeah you can... it's not the easiest way to trade by any means, but it is doable. Me I look for 20-30% win rate and 1/20+ RR...

Gambler trading (with some MM), who says it can't be done?

the question was... why do most traders lose... Im not saying one is right or wrong, im saying most lose because they want to achieve high win rates, often sacrificing decent wins to maintain that. 2. No and Yes, sometimes closing early "because ...

5 Reasons Why Traders Lose

yes maybe mindset is not the right way to describe it. For really large gains, the most reliable approach is to build a position in the market and remain for as long as possible. You need to react what has happened and not try to impose your will on ...

5 Reasons Why Traders Lose

Vitez has not supplied any trade data to calculate Owl but this data should tell you what the probabilities are. url

Gambler trading (with some MM), who says it can't be done?

Like I was saying If your trading supports 10% risk then you have nothing to be concerned about, if not it is only time until you lose it all.

Gambler trading (with some MM), who says it can't be done?

Most EA's are unprofitable because of the mindset of the person programming it i'm afraid hanover. Remember, just because someone says the fib retracement is 50% of the last upswing and the h4 trendline has broken blah de blah... all entries and ...

5 Reasons Why Traders Lose

Hi Vitez.... lets just say, I have actually looked at the statistics, the math.... You are more likely to lose everything than make a million, thats a fact, cannot be disputed i'm afraid... UNLESS... you have an insane win rate.... In which case you ...

Gambler trading (with some MM), who says it can't be done?

ahh that would be because i'm an idiot and can't type or spell

Gambler trading (with some MM), who says it can't be done?

why did you quit billytt, run out of space to stash the cash?

Gambler trading (with some MM), who says it can't be done?

I'm going to presume you know how likely it is you blow your account up trading that way? url

5 Reasons Why Traders Lose

Hi Money... I agree 100% with you, setting a strict structured approach will be a massive step for most traders.... and I know that 70% 1/1 is massively appealing, and maintainable for periods of time (just search this forum for 1/1 and see how ...

5 Reasons Why Traders Lose

So you're saying traders need some sort of structured approach instead of lots of discretion or no plan at all. It's a good post but the idea of fixed profit/exit would never come from a trader who had made lots of money trading. He would trust ...

5 Reasons Why Traders Lose

1. High win rate 2. Close too early... (2 THREADS ON FF FOR POSITION TRADING? SAYS IT ALL) 3. Require profits every day 4. Obsess about entries and exits 5. Think you can gain an edge with a strategy instead of a mindset

5 Reasons Why Traders Lose

If you really want to make big money you need to accept some short term pain, The longer you try to avoid the pain of losing you will continue to lose, or at least bump along the bottom. If you just hold onto your winners for a much longer period ...

Gambler trading (with some MM), who says it can't be done?

you have proof of any of your claims? All entries can be considered breakouts. Define breakout?

Why Simple is better in trading and Complex is not

all entries are 50/50 essentially, and this approach will work well, but, beware the bad day, with such an unstructured approach emotions can quickly come into play and spiral out of control. Less likely to happen with a longer TF.

Long term Vs Short Term Trading

the interesting point is none of the believers here can answer the simple obvious question... why is it better to risk all than to work out maximum risk? if your current results say you will never blow your account when risking 10% per trade, then ...

Gambler trading (with some MM), who says it can't be done?