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

I'm a strong believer of big RR is better than big win/loss... But I wanted to be open mind and go a little bit beyond the obvious so I had some fun with historical data... At best you can make a small pip per day in average. And immediately forget ...

Daytrading/scalping with high leverage - my proven strategy

No he didn't say he uses 100 pips SL. He said he sizes the position so that -100 pips triggers a MC. Which to me sounds like the same. Almost... I tried to see if ever there was something in the idea, assuming a more rational MM (thus the SL).

Daytrading/scalping with high leverage - my proven strategy

Losers focus on their winners with no care for their growing losing positions. Winners do the exact opposite.

Are you willing to share your poor/ bad/ loser/ lousy system?

I agree that's gambling. I have nothing against the idea of a "Forex casino". The problem is that he said in post#1 "i trade for a living, now, after years of paradise and hell..." A pro gambler puts odds he side. He counts the cards he doesn't play ...

Daytrading/scalping with high leverage - my proven strategy

He's trading noise the entry point is totally irrelevant. Almost all the candles have a wick both size. The problem is the "almost". He says he trades 1 lot per $1000. That's $10 per pips. Even if the margin required was zero a 100 SL wipes the ...

Daytrading/scalping with high leverage - my proven strategy

With a risk of 100 pips for a reward of 2.5 pips, you need 97.56% success rate to only breakeven! The R:R is 1 against 40. One single loser kills a full month of trading (2 trades per day, 20 sessions per month). You say you trade for a living. ...

Daytrading/scalping with high leverage - my proven strategy

Well what amazes me the most isn't the 70% or 95% or whatever % losers but that 59% (so more than the half) of 8 millions trades were taken in the direction of the trend and the overall result is negative. With several millions trades the law of ...

Expectancy Management

I don't forget about Sharpe or its variant Sortino. Simply the equations are complicated enough. You are right that the more the equity curve is a straight line the better. I cannot find a better metric to the optimization problem. But lowering ...

Expectancy Management