Quoting The Wizard of OzDislikedPut it this way. Most people would like to have it the other way around. High reward low risk. The problem is if you were aiming for 300 pip gains how often would you achieve them. Could you get 3 in a row with a risk of 30 pips? The logic says, low risk high reward but most of the time we lose. Having huge stops and small gains seems stupid but maybe, just maybe, that's what will make it work.
I've run quite a few tests with firebird. All of the 15 min ones bombed out and I thought the 30min with 30/300 was a stupid idea but it's the only one showing potential at the moment.
Please feel free to argue with me. I won't take offence. Maybe the way ahead is to do what most consider to be stupid.
My oppinion.
Wiz.Ignored
Are u still testing the Firebird 30/300 and if u are can u post your results?
I'm currently at 172-1 entering the 5th week
Thanks in advance
Mono
Mono