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- 538 Results (524 Replies , 14 Comments )
- havo replied Mar 30, 2024
If you place a trade where is supposed to be, it should be around the area where it turns back and move in the direction you expect (up/down) almost right away: if this doesn't happen then you enter the market too soon OR it just wasn't going to go ...
- havo replied Feb 9, 2024
That "renko generator" is flawed by design, that should NOT be happening !! as you know renko its build by pip move size, it will print whenever the criteria is met, changing "timeframe" should not affect the chart I would not trust that charting ...
- havo replied Feb 9, 2024
1.- "time frame" doesnt exist in renko, the horizontal scale doesn't matter, it only shows when the brick painted back in time, thats all 2.- You don't use ATR for building a renko brick because ATR, by nature, always fluctuate and therefore the ...
- havo replied Feb 6, 2024
1.- Get a Solid foundation on how to trade, you only need 2 steps "buy low, sell high" (believe it or not, all you need is in that phrase) and you are going to be profitable in the long run 2.- Use a Solid math approach for handling losing trades, ...
- havo replied Feb 1, 2024
Because if you know how to trade, is actually Easier, better, and faster than waiting a stupid amount of times just to find/forecast a signal AND then waiting for the trade to develop Trading is juts finding a unbalance in price and jump in, if you ...
- havo replied Jul 27, 2023
Oh the "Kelly criterion", one of those things that looks fine on paper vs reality in live trading In this activity is useless and while you should have a game plan for drawdowns, is equally (even more i would say) important to have a strategy for ...
- havo replied Oct 23, 2022
This thread is overall funny hehe the "edge" is in the MATH, and data points and YES it DOES EXIST and always remember 1 thing: you trade the PRICE NOT THE TIME !!! Time is random, price isnt
- havo replied Oct 12, 2022
We should ALWAYS be trading for quick money and a lot of it !!! and i agree with you, there are different aproaches for this BUT the most important is to start with a capital that i wont hurt you to lose it entirely at all; for example, if you ...
- havo replied Oct 11, 2022
No, because on a streak, for a given % os risk per trade, IF you are wining the lot size gets bigger and the profits gets bigger too; on a losing streak, the lot size gets smaller (to maintain the same % ratio) and the losses smaller eery subsequent ...
- havo replied Oct 11, 2022
zooming in the picture now i can see it, my bad
- havo replied Oct 5, 2022
exactly you always leave a bit more than the initial so the account can keep growing and not stall without messing the original Risk of ruin calculation; Every new trade will be "compounded" based on your new balance; if it gets bigger so will be ...
- havo replied Oct 5, 2022
you can not increase your risk without recalculating your Risk of ruin, unless you want to bust your account.. Unless you want to go "all or nothing" like gambling and hope to make a good profit
- havo replied Oct 2, 2022
You set a goal on how much/often you "need" to withdraw $$; with your starting balance (the more the better as you might now already) and with the optimal % risk per trade for your strategy (I hope you figure out your Risk Of Ruin already lol) you ...
- havo replied Apr 25, 2022
NO amount of "mindset" in this world can overcome a crappy ass chart reading skills, strategy or trade management after is running.. Not even a former SEAL special forces operator later turned Buddhist monk can overcome this if he doesn't know how ...
- havo replied Apr 21, 2022
I know.. and you too just confirmed that "feelingz" doesn't matter to math and statistics, =)
- havo replied Apr 20, 2022
No, an edge its a mathematical proven moment in time on the market/chart, period.. you dont "need" to personalize it to the way you are, math/statistics dont care about your "Feelungz" lmao they are what they are, period And for example, someone can ...
- havo replied Apr 14, 2022
Oh my god..
- havo replied Apr 10, 2022
If this happen you are placing the trade "late" thats why it reverse on you and then resume the direction; you are either waiting for too much "confirmation" OR have a flaw/problem in the analysis Hehe, read above; when you pick the "unbalance" its ...
- havo replied Mar 30, 2022
1.- Read the price and Buy/Sell the unbalance in the price + maybe limit orders for better entrys 2.- Manage the trade after is running, close it when it turns back on ya (trailing/break even/partial close, etc you name it) 3.- Do exactly the same ...
- havo replied Feb 6, 2022
you can find a script that can do that for you, there is a good one on this forum where it shows you horizontal lines you can drag up or down (SL/TP), you tell it how much you want to risk and it adjust the lot size automatically.. easy peasy Oh, i ...