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- RiskFighter replied May 19, 2024
Well, in UK it is very common to say LOVE to people - even people that you don't know. Like "Please handle me the salt LOVE". That is a way of speaking that tells "I am friendtly". It is the same when people call you "Friend". And surely, I don't ...
- RiskFighter replied May 13, 2024
Done reading. I am in. Must decide which strategy I will use to reveal the right places to trade.
- RiskFighter replied May 13, 2024
I agree that he is not good at keeping his own advice. If you think you can meassure your winnings with him, then you are really good! And ok, we should not go further in this discussion. Have a nice winning day.
- RiskFighter replied May 11, 2024
Lower chance of winning? The guy is a multi millionaire. Done by trading. I don't think anybody in this thread comes close to his succes. I take his advice at any time. Or would if I were able to trade manually. He does use loads of time to analyze ...
- RiskFighter replied May 11, 2024
Tom is a star in our little country - Denmark. Doing radio programs and contest with other experienced traders. Tom blow everybody out of any contest. That man is special.
- RiskFighter replied May 8, 2024
You have stated the RW right. 1:2. I think this is a nice strategy. You have some elements that I will investigate in my own strategies. I also will take a closer look at the strategy using historic data - when I get the time to do it. So, I have ...
- RiskFighter replied May 8, 2024
I don't get it. Prop firms make their living by people blowing accounts and buying new accounts. At FTUK they have a rule that you are not allowed to risk more than 2% per trade. If you do so, they used to issue a warning. Now they even made a tool ...
- RiskFighter replied May 7, 2024
One problem is, that the prop firms gave people unlimitted time to pass challenges. That must have lead to less cash. Next problem is that some people are to clever in their trading and require large cash payouts. If they could set a roof on the ...
- RiskFighter replied May 5, 2024
Interesting. I trade the JPY pairs in the asian range. So I checked Dow. It seems to me like nothing really happens there during the asian - unless you go into a very small timeframe like 1 minute. That is on the other hand very interesting.
- RiskFighter replied May 1, 2024
The thread is appearently no longer exclusively about Yesterday Break Out. So I experimented with EURJPY in a different setup. TF is M15. After 8 bars you take the trade when a bar is closing higher or lower than highest or lowest at the 8 bars. SL ...
- RiskFighter replied May 1, 2024
Tuesday - no trades. Wednesday 3 trades - 3 losers. I am aware that statistic says that around 50% of trades will be losers. I have tested using moving average to minimize losses. Does not work.
- RiskFighter replied May 1, 2024
How have you been doing with this strategy until now this week?
- RiskFighter replied May 1, 2024
If somebody try to earn 20,000$ and it happens frequently, this person sums up in a batch of people emptying the money reserve in the Prop company. This leads to the companies go broke. And to the situation where we daily hear about companies ...
- RiskFighter replied May 1, 2024
OK. Timeframe does matter - because we do only trade at the Close of the bar - very important! If you have a bar on say H4 and it has a long wick to the north. That means that on a lower TF - say M15, you have bars that close higher than the H4 bar. ...
- RiskFighter replied May 1, 2024
However 2 trades a week - gives 12 trades a week if you trade 6 pairs. That's more than 2 per day. We had 3 trades allready today (i count GBPJPY in).
- RiskFighter replied May 1, 2024
Size of what?
- RiskFighter replied May 1, 2024
Sorry. I am not good at the english language. Dictionary say "synchronous".
- RiskFighter replied May 1, 2024
Right. We need to have something going on. So I tested the rest of the JPY pairs. And have added GBPJPY and NZDJPY. CHFJPY is no good. Of cause the pairs are synchronous to some extent and it is a problem if I have 6 pairs trading some day in the ...
- RiskFighter replied Apr 30, 2024
I tested other pairs also, but as expected it is the JPY pairs that works.
- RiskFighter replied Apr 30, 2024
I tested GBPJPY. First report is at risk 1% - DrawDown 8% Second at risk 5% - DD 30% RiskReward is 1:3 at both. Yes I know, never risk more than 2%. Just for the fun though. Again report is covering 5 months.