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- 99problems replied Jun 4, 2020
Risk & Return Results for May. My first time ever being profitable for 3 months in a row and reaching my goals consistently (10R each month). Link to the sheet : url If anyone wants to track their own results using this method, let me know and I ...
Cutting your losses early - Momentum based method
- 99problems replied Jun 4, 2020
First trade of the week and month - gold short Reduced stops and all. In case anyone new is peeping in: All I'm doing is to reduce my stop on every single trade to avoid full stop outs. That way I don't need to make large winners anymore to be ...
Cutting your losses early - Momentum based method
- 99problems replied May 27, 2020
#2 of the week: ftse long this one works faster than i can screen or type lol edit: should've kept my mouth shut lol. stops reduced and all
Cutting your losses early - Momentum based method
- 99problems replied May 26, 2020
a little update: the return exceeds > 1R relatively by quite a bit, so I'm happy w this trade. @LuboLabo. You were asking about the trade management. I have instantly reduced my stop to -0.7R absolutely and with each push up even further. On the pic ...
Cutting your losses early - Momentum based method
- 99problems replied May 26, 2020
first trade of the week, lets see how that goes: euro long
Cutting your losses early - Momentum based method
- 99problems replied May 25, 2020
Thanks for popping in, Lubo! I'll try to answer your questions but let me know if it's still unclear. I'm not that great at explaining things. My (absolute) initial risk when I enter a trade is $1. I aim to reduce my stops by 40% (on average) once I ...
Cutting your losses early - Momentum based method
- 99problems replied May 22, 2020
Thanks for dropping by fsatrader. To answer your questions first: 1. I don't use a fixed amount of pips for my stops. Generally, I place it a fair big before the swing highs/lows. I enter with momentum and my ideal scenario is a trade just following ...
Cutting your losses early - Momentum based method
- 99problems replied May 22, 2020
a little update: I have consistently reduced my risk associated with this trade. There's always a chance it can stop me out on a retrace and work out as planned right after. That's annoying but it doesn't matter in the longer run because the ...
Cutting your losses early - Momentum based method
- 99problems replied May 22, 2020
pound short. reducing stops. week total so far: 3w, 3l, . +1.3R
Cutting your losses early - Momentum based method
- 99problems replied May 21, 2020
usdcad long. reducing stops and all that jazz..
Cutting your losses early - Momentum based method
- 99problems replied May 21, 2020
I don't scale out anymore. Diluted my returns. I take it all out, usually around 1R - 1.5R. On momentum rips sometimes more (with a stop trailing pretty close behind).
Cutting your losses early - Momentum based method
- 99problems replied May 21, 2020
Say I risked $1 on every trade that I make: I see a trade opportunity and enter. My absolute risk is $1. My relative risk is my average reduction of the stop. On average (calculated for each 50 trades), I reduce my stop to $0.60 in risk. I reduce my ...
Cutting your losses early - Momentum based method
- 99problems replied May 21, 2020
Thanks for popping in, mashfx. Check out this pic: The stop loss you proposed, on the left grid, would require my trade to move in my favor a lot more to be in line with my average risk profile. i've tried to explain this at the start of this ...
Cutting your losses early - Momentum based method
- 99problems replied May 21, 2020
Pound long, reducing stops and all. 1 winner, 3 losers this week so far. -0.8R on the week.
Cutting your losses early - Momentum based method
- 99problems replied May 20, 2020
pound long. reducing risk as always. Not the biggest fan of the entry. Again though, don't think the entry matters THAT much anyway.
Cutting your losses early - Momentum based method
- 99problems replied May 20, 2020
once the trade was green just a few ticks, i reduced my stop to an absolute of -0.7R ca. that's a relative of -1.3R. As it started popping up I have reduced my risk to -0.3 R. And I'll keep on reducing it until it hits my average winning trade ...
Cutting your losses early - Momentum based method
- 99problems replied May 20, 2020
dax long stops being reduced if this pushes up, as always lol
Cutting your losses early - Momentum based method
- 99problems replied May 19, 2020
Merka, here's an example ref the trade management Entry: 1736.8 with a full R (absolute) in risk. The left side r2r grid shows my absolute return and risk. My reduced risk over 50 trades on average is -0.6R (absolute). The right hand grid shows my ...
Cutting your losses early - Momentum based method
- 99problems replied May 18, 2020
Ok lol. Was just wondering if it was possible nowadays to parse the futures volume into your CFD platform but it doesn't appear so.
Auction Market Theory and Market Profile
- 99problems replied May 18, 2020
Both. Is there a Eurex or CME integration of them with your CFD platform of choice?
Auction Market Theory and Market Profile