DislikedWell, I stopped simulating. Maybe I am doing something terribly wrong, but I can not get positive results. I will see what to do about it.Ignored
I see you'r relatively new to contributing to the TMS thread...welcome! Firstly, have you gone through the entire thread- Have you read the PDFs on BigE, PHX62 and Emmanuel? Your simulating seems to be getting you frustrated...have you back-tested your system yet?
I know I am not alone in saying this here, but I can't stress the importance of having a plan when trading TMS...have you asked your self some of the following questions?
- What are you objectives?
- What are your goals
- Have you documented your strategy?
- Have you chosen a timeframe
- what pairs do you trade?
- What is your money-management strategy?
- Do you conduct BPP and if so how would you do this?
- What is your daily routine?
- what is your End of week/month/year routine?
- What are your trade types (With the trend, Counter trend, trend consolidation)?
- What markets do you trade in and how do you recognise/define them (hint: these are the three market types)?
- Have you got a plan for your trade entries?
- Do you look for certain types of PA?
- Do you look at S/R?
- Do you look for confluence to your trades?
- Have you got a plan for your exits?
We all must do the work to succeed...
Regards,
Erol