more than happy for your contributions to the thread Candle'

Systematic Trend Trading

"use time and patience as your competitive advantage over the average investor" url

Systematic Trend Trading

yep, those skills are invaluable once we understand the game we are playing.... I come from an art's background but I am good with probabilities, what I lacked was any understanding of human behaviour or psychology.

Systematic Trend Trading

image "Understand the concept of “by-and-large” and use approximations. Because our educational system is hung up on precision, the art of being good at approximations is insufficiently valued. This impedes conceptual thinking." Ray Dalio

Systematic Trend Trading

The NY Times carries a crisp interview of Howard Marks who talks about how investors are often their own worst enemy. When asked if investors have become smarter in the 50 years Marks has been investing himself, he replies – They’ve gotten more ...

Systematic Trend Trading

Trade 227 -1R, 228 -1R, 229 +6R, 230 -1R, 231 +5R +8R this week. My expected target for this strategy is 50-100R a year, week 24 of the forward test and sitting at 30.5R. Two or three of these simple systems will make a very solid portfolio... it's ...

Systematic Trend Trading

had to google Agent smith If you can't stick to your plan then you're lost I reckon Candle....and not only in trading

Systematic Trend Trading

thank's... love your quote "Bottomless wonders spring from simple rules, which are repeated without end"

Systematic Trend Trading

"the house largely bets on the consistency of the crowd to remain inconsistent in approach"

Systematic Trend Trading

Your individual trade win rate is far more important to your ego then your profitability. My trade win rate is around 18%, if I group them together by weeks then the win rate goes up to 50%, if I group them together by years the win rate is over 90% ...

Systematic Trend Trading

*credit to Rambo Lessons from Amarillo Slim: As they say, the stock market is the greatest casino of all. Here from Amarillo Slim In a World Full of Fat People: The Memoirs of the Greatest Gambler Who Ever Lived. We quote as follows: • While ...

Systematic Trend Trading

Trade 219 -1R, 220 -1R, 221 -1R, 222 -1R, 223 -1R, 224 -1R, 225 b.e, 226 -1R Results: Week 1 +4R Week 2 -14R Week 3 -2R Week 4 -3R Week 5 +3R Week 6 +4R Week 7 -7R Week 8 -10R Week 9 -4R Week 10 -13 Week 11 +21 Week 12 +6 Week 13 +14R Week 14 -3R ...

Systematic Trend Trading

"In life, it's important to know when to stop arguing with people and simply let them be wrong."

Systematic Trend Trading

In my mind this is the one fact you need to take on board if you ever hope to trade profitably "Simple algorithms like continuation of trend in the short term, or reversion to the mean in the long term, outperformed all the experts, and delivered ...

Systematic Trend Trading

If you are looking for a trading edge then you should look for edges that show a technical and behavioural edge. You want to look for an edge that is popular amongst traders who are consistently profitable, and very unpopular amongst the much larger ...

Systematic Trend Trading

you don't need to stop but you have to understand the risk implications as you go higher and higher with RR. As with any edge the solution is risk control and diversification. Going forward nobody can predict the precise movement of a market so you ...

Systematic Trend Trading

TRUTHS ABOUT STOP-LOSSES THAT NOBODY WANTS TO BELIEVE url

Systematic Trend Trading

Because of how prices are distributed you should see an edge from increasing RR for fixed targets and trailing exits. You will find specific targets that show performance above and below what is expected but selecting them will just be curve ...

Systematic Trend Trading

Simnz the R indicator is just a modified mt4 fib tool. If you go into Fib settings you can make it show the levels you want.

Systematic Trend Trading

+29.5R after 22 weeks. Expecting between 50-100R per year.

Systematic Trend Trading