Dislikedindeed.
i have a buying stop order at 1.5941 26 pips sl.
good luckIgnored
I'm $ bearish, even more since the last "little" blast with Fannie and Freddie.
Also shorting an IB on G/Y...
The DIBS Method - No Free Lunch Returns 13 replies
No Free Lunch but all the Free Coffee you can drink 736 replies
Peter Crown's DIBS method revisited 14 replies
DIBS Method EA 11 replies
Problem using Dibs EA 4 replies
Dislikedindeed.
i have a buying stop order at 1.5941 26 pips sl.
good luckIgnored
DislikedFrom my experience when everybody is so one way biased like here and the setup looks perfect those are the worst trades
Hope i'm wrong....Ignored
DislikedTo Aud:
Sometimes I'll make two attempts on the same IB (which wasn't the case here). Today I had a daily upward bias and was only willing to take long trades on the Euro. I ignored the break to the downside. Had it been a convincing break to the downside, I would have passed on the trade as well. My own discretion told me to trade with the trend today and that there would likely be a run at the big round number (1.6000).Ignored
DislikedNice post, David
hi HR
i am breakout follower , can you send me a link to peter and TRL thread.
thx.
mason
I would say, after reading Bemac's and Jim's thread over and over, that IMHO, DIBS, as any trading method, is completely discretionary...
This method gives us, as you mentioned, not a huge W/L ration, but a terrific R/R ratio, with the ability to quickly cut the potential loss (the Free Ride concept)... the profits take care of themselves....
Suddenly, after testing lots of methods, after trying DIBS, I found myself with an interesting "problem".... the best way of trailing a stop, or exiting the trade ! What a headache!
I'm sure Peter and TRT, after years of trading, have just given us a glimpse of what they can do with breakout systems... food for hungry minds (here comes the discretion again....). The most brainstorming point for me is when he says "not all breakouts are the same. I know which breakouts have 2 - 5 times the edge of similar-looking breakouts others take, get frustrated with, and likely lose money trading if they don't have perfect skIgnored
DislikedSo whats all this Dibs stuff about that everyone is raving about...???Ignored
DislikedSo whats all this Dibs stuff about that everyone is raving about...???Ignored
Dislikedhi HR
i am breakout follower , can you send me a link to peter and TRL thread.
thx.
masonIgnored
DislikedSo whats all this Dibs stuff about that everyone is raving about...???Ignored