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    • 60minuteman replied Jul 20, 2016

      yep I agree with you completely PP, and I always balance everything with self analysis - 'what everyone forgets is that the Nobel Laureate Harry Markowitz who essentially created the idea of asset allocation warned that step one was not deciding ...

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    • 60minuteman replied Jul 19, 2016

      certainly no coincidence that the majority of retail traders rely purely on TA and lose - Understandable though, it's confirmation bias - if everyone is doing it then it must be true, right?. I think things like an inability to accept that the ...

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    • 60minuteman replied Jul 19, 2016

      let's just forget we're traders for 1 minute, isn't it completely irrational that people can easily believe the chart below somehow predicts where price is going next? and at the same time simply selling when price is going down and buying when ...

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    • 60minuteman replied Jul 19, 2016

      yep Merka is right Jrob... your weekly target is essentially another RR decisions - I have opted for a low RR of net 200 (although I will go over this at times), this target is nearly always hit but runs the risk of losses being larger. It is a ...

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    • 60minuteman replied Jul 13, 2016

      Hi Merka, the big idea here is instead of trying to predict price movement using analysis we accept that the movement of price is largely unpredictable. So we trade movement alone - price has to move and when it does we will be in that movement. If ...

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    • 60minuteman replied Jul 4, 2016

      yes and no Raylin - in the group we have seen probably an equal split between them be good days and bad, so really it's just a matter of choice and not significant over the long run

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    • 60minuteman replied Jun 22, 2016

      Hi everyone, here's a little update with year to date data. 557 trades - win rate 51.1% - max consecutive wins 8 - max consecutive losers 13 (that hurt!) - average trade winner 1.75% - average trade losers 1.3% 6 month target hit with 2 weeks to go ...

      Trade with 60