Disliked{quote} To me it's the easy part the hardest part is to get to that point consistently. Day after day. The only concern with this Method I have is RR 1:2(W:L) It's nice to have at least 1:1 otherwise the winning % should be about 90%. Sooner or later negative RR will backfire on me. To get to 90% winning trades with new Method will take months, maybe even years of practice.(I'm sure you spent a lot of time to get to where you are now). By that time market intraday behavior could be different too. Just sharing my opinion. I'm not jumping from...Ignored
I understand your concerns regarding RR 1:2, (W/L).
Now, out of curiousity, did you really try to double 2 demo accounts in value (without taking the shortcut by trading 5 lots on a USD1000 demo) ?
Just curious, I don´t think:
- even Udine will get to 90% winning rate (although I may be wrong)
- intraday behaviour in Forex, Spot Metals, will change that much. Let´s assume it does for a moment, and profoundly. The beauty here is that it doesn´t matter. PA will always go up and down, regardless of crisis, mayhem, etc.
- once somebody learned the rules of the system, has a solid framework to go on, and gained confidence through practice, there´s really nobody from keeping you fine-tuning this to your own taste.
"Sensei Udine" very rightly pointed out numerous times that in the long run, any system will only work by respecting certain rules. In my view, and from my experience as a MD of various companies, the most important one is to treat this as a business.
Remember: sharing is caring ! Everybody in this thread is looking forward to you posting your trades (with screenshots).