DislikedOk guys here is what troubles me with such method and approach as fezmar has presented… it be a good one to talk about and grow from, so don’t take it all as negative or skepticism, that’s the last thing I am and perusing here… take me as a humble student here for all it takes. One… dependability.. depending on market to make significant run to compensate and make profit. Two… missing out on “THE” run.. due to tight stop and aggressive TS to BE. All in all when your carrying out whole bunch of losses to be compensated in the feature on a few major...Ignored
You can decrease your risk of ruin by improving your entry skills and being able to lock BE (in Fez' case) or small profit. Of course your return will be highly dependent on current market cycle. But in long-term you can expect some of those big returns. This method is absolutely not convenient if you expect regular profits on daily, weekly or monthly basis. You might make it but it's dependent on market and not on you.
Does black swan come? Nobody knows. But we are not afraid it anymore. We hope it comes but on the other hand we need to improve our skills not get wiped out (which may happen, of course)
I think it's really difficult to catch it scientifically (mathematically) as made are made by very low probable events.
Does it make sense?
Lose small, win BIG