DislikedIn general, my monthly winning ratio varies from 74-81% if I remember correctly.Ignored
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DislikedIn general, my monthly winning ratio varies from 74-81% if I remember correctly.Ignored
DislikedNevertheless, on the chart below black 35 has been above the brown 50, the trend was not strong down. Selling was not trend-following.Ignored
DislikedKostas, would you mind telling me what your average monthly gain as a percentage of month opening balance is? This to me is the most important figure of all!Ignored
DislikedYou'd then think, OK, he earns 45%/month, but it's way more than that because the power of compounding!Ignored
Dislikedkk007, thanks for the explanation. Would you then use this as a precondition for entering into an order, ie only go short when black is below brown and vice versa?Ignored
DislikedExactly why I asked what is his typically month end balance over month opening balance gain as this to me gives the most relevant and important measure of performance. If we risk 1% on a trade we should then at least gain an equivalent amount on a good trade. Pips gained mean very little as money gain is then dependant on lot size traded. And why do we trade, to make pips or to make money? Incidentally, 1.5% per day for 22 trading days simply multiplied comes to 33% while compounded yields 38.75%.Ignored
DislikedHello dance followers!
I'm not new to FF, not to forex, but I believe this is my first post here in FF.
I just finished reading the original Dance thread and the Choros thread too, all 427 pages!
I just want to say thank you! to Clay for the Dance strategy!
I also want to congratulate Kostas1 for keeping the Dance alive and for "making it", for reaching your goals, you really are an inspiration and a clear example that with discipline and practice one can reach financial freedom in this game of Fx.
I will try to post from time to time and I will...Ignored
DislikedIgnored
DislikedAnyone catch the same? Would you mind saying "Hi" to me?
I missed the GBP M15 35/50 earlier today because of watching another position.Ignored
Dislikedwas afraid to take EUR, because there was strong move up in one bar.Ignored
DislikedTook GBP for 9 pips, but was afraid to take EUR, because there was strong move up in one bar.Ignored
DislikedSame here. So I instead took the M15 10 bounce and got +15p there. Still scalping in here, there is no clear trend yet. I would favor closing the gap at 1.4300 though...Ignored
DislikedMy PM has been swamped with messages lately and I would like to address the new members of the thread and others in the forex community that send me emails:
1. I am too busy to do personal coaching even with payment. I don't need any additional money .....
2. The information you will find in this thread is more than enough to get you in a successful path. Just read the tread carefully. Very rarely you will have a question that hasn't been answered already.
3. This is not a mechanical method, you need to build experience with forex and...Ignored