Blessings,
Monk E.
- Post #2,303
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- Jun 2, 2010 12:30am Jun 2, 2010 12:30am
- | Additional Username | Joined Nov 2009 | 564 Posts
- Post #2,307
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- Jun 2, 2010 5:18am Jun 2, 2010 5:18am
- | Additional Username | Joined Nov 2009 | 564 Posts
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DislikedTrading is a equilibrium of several things MM and how good is your strategy at the end is how many pips you can get and how much you will invest.
To find out if it is a good system for me i would like to know in average how many pips one can get with this strategy in one Weak.
Because if you get +10 pips and invest 10K is one thing and you are a 10K trader.
But if your account is small you want to get more pips.
Could any of the more experience trader post some idea of the potencial of this system.
It works Ok, Tony has done a great job,...Ignored
DislikedSwingtrader. thanks for the input, yet I prefer conversations that move things forward, vs. flat out untested condemnation. If your strategy is working, what are you reading this for? And if it is, please be generous, like Tony, the author of this tread, and share share share. Thanks!Ignored
DislikedHi, After doing a bit of research, I have not yet found a CI or the way that I could adjust the price channels to be fixed on my MT4 charts. Up until now, I have never needed this, yet in trading this system, I find it would be of great benefit to not constantly have your check chart on right to see how big price channels are, as they are adjusted automatically. Anybody help? Thanks!!Ignored
DislikedAs you are looking at charts on MT4, the price( channels) up and down the right hand side of the screen (i.e. space between channels on the local chart) sometimes shows 1 pip, sometimes pip and a half, sometimes more, and sometimes less....Ignored
DislikedAs you are looking at charts on MT4, the price( channels) up and down the right hand side of the screen (i.e. space between channels on the local chart) sometimes shows 1 pip, sometimes pip and a half, sometimes more, and sometimes less....Ignored
Dislikeda common misconception here in FF seems that effecient use of MM can turn a losing strategy to a winning one.
But that's not true. MM is simply the process in which u manage risk, otherwise known as variance.
To answer your question, I've written a script and ran tony's idea(the most barebones, as listed on first post)for a couple of weeks. This strategy has such high variance value that the almost hundred trades I've had on it is deemed statistically inaccurate.
[color=Blue]Basically, you're not going to keep leaking 3 pips in a long string...Ignored