Dislikedoh, I am just curious, cause I am interested in your stats. But from what you told me, the stats are unfavorable.
As you said, it is just impossible to be 100% right. And apparently with your strat, if you make one mistake you are back at 0.
hm, and even a 90%+ winrate is very hard to achieve. I am not sure if S/R level trading, no matter how many tools you add will ever achieve such a high winrate.
One might have to tighten up the stop loss to see if we can get a positive expectancy.
But I agree, trends definitely help.Ignored
Then, i started running into the limit of liquidity with penny stocks; there were very, very few, rare penny stocks you can swing between $60,000 and $100,000 at a clip and manage to still get out witth liquidity. It just wasnt happening. and i need something faster than regular stocks, i started ttrying forex.
That is how i got into forex anyhow.