Trade another day through Systematic Trading 203 replies
Systematic trading 1,566 replies
Nonparametric Association Measures in Systematic Trading 57 replies
A Systematic Approach to Markets 68 replies
Systematic Trading vs. Discretionary Trading 14 replies
Disliked{quote} Was this the trade you were considering closing at 4R?Ignored
DislikedHi 60Minuteman, I'm still mentally processing the high risk reward trading like this, with this my thought process seems very clear I only plan the Money Management enter with any method I know, InsideBar, PinBar, London Break, support become resistance etc etc doesn't matter then do the exit I planned, winrate doesn't matter anymore since its most likely will be low or very low, and the Reward I get offset it even more so when you have a low risk entry like you do plus pyramid position, any 200ish ticks move will get R multiple really high executing...Ignored
Disliked{quote} ...I felt stupid for missing what was right in front of my face for so long. I then spent time going back through all the systems I had given up on and found they all performed well if I just sorted out the trade management....Ignored
DislikedYou think you know what your win rate is, but you don't know. You think you know the best exit, but you don't know... The fastest and easiest way to be right is to accept you don't know.Ignored
Disliked{quote} zen trading rules ! I found myself very relaxed, even though I'm trading $600, it sill hard earned money... by giving up yep but the ea is still runningIgnored
Disliked{quote} Yes it is, money on the line is money on the line... Once you accept the outcome is uncertain you can go about the process, traders who know the outcome are the ones that blow up.Ignored
DislikedIf you are still at the stage where you believe analysis is the answer this is a simple system that might make you consider things differently. 1. If the previous week closed bullish only long this week. If the previous week closed bearish only short this week. 2. Once direction is decided (that was your analysis part) wait for a H4 bar to close in agreement with the direction of your analysis. If long buy at the high of the bullish closed H4 bar and set your stop at the low, if short sell at the low of the bearish closed H4 bar with a stop at the...Ignored
Disliked{quote} All of those examples show amazing results and not even for a full year (?). One thing which intrigues me is the Gold 2018 chart had the lowest R return of the bunch but clearly the most obvious looking downward trend for the latter half of the year . Whereas the charts with NO pattern (of the Mesopotamian sheep liver reading technical analyst variety) have a larger R return. I wonder why?Ignored