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60minuteman replied Sep 23, 2018Technical analysis is like measuring wind conditions for a coin flipping game. I could definitely make easier, lower risk returns selling technical analysis courses because that's why most people want. People want certainty and will gravitate ...
Systematic Trend Trading
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60minuteman replied Sep 21, 2018Trade 191, 192, 193, 194, 195 stopped image 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 Week 15 +15R Week 16 +19R Week 17 ...
Systematic Trend Trading
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60minuteman replied Sep 17, 2018This is a decision system developed from Denise Shull's work. 1. When you are making a decision it will always be based on an emotion - you can not have thoughts without emotions. 2. Ask what emotion you are feeling and how strong that feeling is. ...
Systematic Trend Trading
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60minuteman replied Sep 17, 2018Is that a fear or evidence based decision?
Systematic Trend Trading
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60minuteman replied Sep 16, 2018I used to think I needed to be more intelligent to compete, now I know it would have just complicated things... Happily average.
Systematic Trend Trading
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60minuteman replied Sep 16, 2018I see this pattern of thinking in retail traders: If I just trade a pin bar my win rate is 40%. Ok, if i only take pin bars that are on support or resistance levels my win rate is 50%, that's better. How about pin bars at S/R level in a strong trend ...
Systematic Trend Trading
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60minuteman replied Sep 16, 2018How to get lucky: go long on a fat tail The economic world is driven primarily by random jumps. Yet the common tools of finance were designed for random walks in which the market always moves in baby steps. Despite increasing empirical evidence that ...
Systematic Trend Trading
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60minuteman replied Sep 16, 2018Traders waste too much time and energy on the losers, how they can get better entries to avoid them, how they can do better analysis to avoid them. If they spent more time on the winners they would do much better, how can I make more of the few ...
Systematic Trend Trading
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60minuteman replied Sep 15, 2018yes sir, just rolling the dice and mine is a little bit loaded, i like the odds
Systematic Trend Trading
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60minuteman replied Sep 14, 2018+7R this week, very close to a +20 and that's how it goes, you stay alive for as long as possible and wait for good luck to come by following a simple process trade 180 -1 trade 181 -1 trade 182 -1 trade 183 -1 trade 185 +6R trade 186 +9R trade 187 ...
Systematic Trend Trading
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60minuteman replied Sep 14, 2018All parts of my strategy are now automated, I just identify the trade and my entry, stop loss, position size and trailing stop are all managed automatically. I have worked with Adam from Snap Dragon Trading for this, he has a wealth of experience ...
Systematic Trend Trading
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60minuteman replied Sep 13, 2018And it appears there is no real escape from it, being smart and aware of it will often make the effect worse as we are more skilled at building defences and narratives to protect it. Like you I use simple systems to try and reduce it's effect in ...
Systematic Trend Trading
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60minuteman replied Sep 13, 2018Feel pretty sure you're right about most things?... of course you do, we all do. But you are very likely wrong. url
Systematic Trend Trading
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60minuteman replied Sep 13, 2018The confirmation bias, the human tendency to succumb to tunnel vision and favor information that confirms preexisting beliefs, is based on the same "selective attention" that guides visual perception. image
Systematic Trend Trading
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60minuteman replied Sep 13, 2018this one's for the retail crowd who think you just need to keep studying charts and practising and you will improve image url
Systematic Trend Trading
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60minuteman replied Sep 12, 2018the difference in trade numbers is due to the tighter trail getting stopped out on the trail and re-entering whilst the wider trail is still open and did not re-enter.
Systematic Trend Trading
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60minuteman replied Sep 12, 2018thanks for the words of support Candlesurfer. Your plan sounds good, just look very carefully at how your trail compares with giving it just another R or two before moving to b.e. Here is 7 years of GOLD with with b.e at 1R and trail at 3 or b.e at ...
Systematic Trend Trading
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60minuteman replied Sep 12, 2018wanted to like your post but commercial members are not allowed too, even if it's their own thread!... so here it is, LIKE! By the way I come from more creative industries, helps in some ways and not in others. Wish I had more solid math's to back ...
Systematic Trend Trading