I'm afraid there is nothing to master. I turned the question in all the possible ways (I think). The results never beat "just close" when you play that game. It happens in any system and so far my conclusion is that if the system is a winner it ...

H4 Power

Hello! What is your decision process when you're in a trade and an opposite setup appears?

H4 Power

You win!

Trading with and without Indicators

To the notable exception of the pSAR which is designed to exit a trade by trailing the SL[1], an indicator is only here to give a specific mesurement on the PA. If you want an indi to tell you "long now!". I see this as a misusage of it. "They are ...

Trading with and without Indicators

Good point! But if you want to use no indicators at all you will also have to exit at random (!), making you unable to manage the trade. Note that by "random" I don't mean you have to roll a dice or flip a coin. To me random means "indepently of ...

Trading with and without Indicators

Everybody trades with indicators. The candlestick chart is an indicator. The line chart is an indicator. Even tape reading is an indicator. You will notice it's going up or down. Not looking at the chart and using fundamentals? Nope you listen the ...

Trading with and without Indicators

Hi, Instead of hammering the signal services let me hammer the management of your example trade. If you exit 50% at 50 pips. You actually bank 25 pips measured in the size of your initial entry. at 4) you close 25% of 100 pips, so you bank another ...

Signal service skewing results: Is this normal?

You are right. I didn't think about it. I didn't plan to use them to find S/R. What about somewhat quantifying the TA methods? It's uncanny how TA works while objectively I see no reason why... Yet it works! On the other hand have a look at daily ...

Trading with altered price chart: P&F, Range Bar, Renko, Kagi, etc.

I'm more and more interested in the range bars. Not to remove the noise but to break down the strong moves. But I'm facing some issues with the erasure of the time. A trend line in a regular chart represents the increase of the price per unit of ...

Trading with altered price chart: P&F, Range Bar, Renko, Kagi, etc.

Everything went exactly according to the maths said it would go. Perharps believers and worshipers will read my posts again and try and understand.... Or they will just keep believing. So let's summerize: - The hyper-asymmetrical TP/SL ratio doesn't ...

Daytrading/scalping with high leverage - my proven strategy

Say you start with $1000 with a risk of $200 at each trade. You're risking 20%. You grow the account to $10k. Then you remove $9000 from the account and start again from $1000. You keep the risk of $200 per trade. That is 20% of your account but ...

Daytrading/scalping with high leverage - my proven strategy

You have a system with a very high win/loss rate so 12 trades are not statistically relevent. 250 at least would show something.

Daytrading/scalping with high leverage - my proven strategy

Experimentality I found 93.59% chance of winning when entering randomly (time) WITH the daily trend with and TP=10, SL=100. That makes the probability of winning 20 times in a row be... 26.58% only! Using TP=5 I think things won't be much higher. ...

Daytrading/scalping with high leverage - my proven strategy

Luck. That's the word.

Daytrading/scalping with high leverage - my proven strategy

IMO it is very constructive to prove a system wrong. At least to show the weakness. People have to understand that there will be massive DD and they have to have a system to enter the market, "flip a coin" won't work here. If you want to play this ...

Daytrading/scalping with high leverage - my proven strategy

Woow this thread grew up so much in just a day! I made some stats on EUR/USD. From Jan 1st 2011, 10 millions first ticks. For each and every tick I checked whether a short and a long would have been a winner or a loser. From these 20 millions trades ...

Daytrading/scalping with high leverage - my proven strategy

The more I think about it the more it bugs me. It seems that there is indeed some statistical "edge" in this insane stuff... Perhaps not traded as is... I think tomorrow I'll grab my database of historical ticks just to be sure. (I tell if I find ...

Daytrading/scalping with high leverage - my proven strategy

If an event can happen it will happen. Murphy's law. So yes it will happen that you get 1000 winners before the first loser. It will also happen to have 3 losers in the same week. Which of the two scenarios is the most probable to happen according ...

Daytrading/scalping with high leverage - my proven strategy

Just food for thought: 41 winners followed by 1 single loser make a 97.5% DD...

Daytrading/scalping with high leverage - my proven strategy

This system basically trades noise so I didn't looks at the system at all. I took A/U M15 and ran a slidding window of 36 candles. That's 24h worth of PA. I just looked at "how much does the price go against me if the price closes my side in 24h". ...

Daytrading/scalping with high leverage - my proven strategy