Disliked{quote} Its amazing how this chart and graph can illustrate long tails. Of course along the way there would be losers, BE and small winners as evident in your balance line, but the equity growth of maintaining trades open replicates again I think the premise of what people like Graeme, Peter Crowns and Joel Rensink have said with the advantages of multiple winning trades and long term growth. The only downside to the graph is that it is over 2 years and we all know that there will be great periods (particularly in the EUR/USD that went from this...Ignored
It may seem that the Chart is cherry picked since we only see positions stacked in line with the trend.
What the chart doesnt show is the other positions that did not manage to survive during the build up of the positions. It is likely that TRD had initiated sell positions from August 2001 to early 2002, as well as the the range period from July 2002 to Ocotber 2002.
Even though all of these sell positions get taken out at BE or a small loss, that a good thing because we see the initial buy postions grow much bigger. This all comes from "Participation".
As for "Low Risk Entry" you will see exactly 12 examples of it on the chart. It is up to the reader to put the time and effort to disect the charts and figure out why this is low risk entry, as well is find similar SELL opportunities that didnt workout in hindsight but was a low risk opportunity worth taking at the time.
As for "Growth", grab a calculator and calculate the total amount of pips gained so far. If you can find a system that can return more pips than this approach, then kudos to you. You shouldn't be here in the first place.