If you have to play with indicator settings (curve fitting) and instrument (except some obscure/weird commodity) in order to find the "right" ones, then the combination of indicators doesn't have a robust/stable logic behind it; you need to measure ...

Pretty easy, just back test the strategy in whatever instrument you want to trade to see if it makes sense and then live test it on a demo for a few trades (at least 50 or more) and see how it works in real time with spread, etc etc In the end There ...

Why would you want to "control" the ONLY thing that fuel this activity in the first place? You should have ALL THE GREED in this world !!! you want to make money out of this or not?? Where you need to have control is when YOU hit the buy/sell ...

you are confusing a few things that needs to be clear; first of all: this is how much of your $$ available you put in lot size, is not related to your stop loss size IN PIPS Pip size, NOT how much $ you put on the line (different right?) This is a ...

If you place a trade where is supposed to be, it should be around the area where it turns back and move in the direction you expect (up/down) almost right away: if this doesn't happen then you enter the market too soon OR it just wasn't going to go ...

That "renko generator" is flawed by design, that should NOT be happening !! as you know renko its build by pip move size, it will print whenever the criteria is met, changing "timeframe" should not affect the chart I would not trust that charting ...

1.- "time frame" doesnt exist in renko, the horizontal scale doesn't matter, it only shows when the brick painted back in time, thats all 2.- You don't use ATR for building a renko brick because ATR, by nature, always fluctuate and therefore the ...

1.- Get a Solid foundation on how to trade, you only need 2 steps "buy low, sell high" (believe it or not, all you need is in that phrase) and you are going to be profitable in the long run 2.- Use a Solid math approach for handling losing trades, ...

Because if you know how to trade, is actually Easier, better, and faster than waiting a stupid amount of times just to find/forecast a signal AND then waiting for the trade to develop Trading is juts finding a unbalance in price and jump in, if you ...

Oh the "Kelly criterion", one of those things that looks fine on paper vs reality in live trading In this activity is useless and while you should have a game plan for drawdowns, is equally (even more i would say) important to have a strategy for ...

This thread is overall funny hehe the "edge" is in the MATH, and data points and YES it DOES EXIST and always remember 1 thing: you trade the PRICE NOT THE TIME !!! Time is random, price isnt

We should ALWAYS be trading for quick money and a lot of it !!! and i agree with you, there are different aproaches for this BUT the most important is to start with a capital that i wont hurt you to lose it entirely at all; for example, if you ...

No, because on a streak, for a given % os risk per trade, IF you are wining the lot size gets bigger and the profits gets bigger too; on a losing streak, the lot size gets smaller (to maintain the same % ratio) and the losses smaller eery subsequent ...

zooming in the picture now i can see it, my bad

exactly you always leave a bit more than the initial so the account can keep growing and not stall without messing the original Risk of ruin calculation; Every new trade will be "compounded" based on your new balance; if it gets bigger so will be ...

you can not increase your risk without recalculating your Risk of ruin, unless you want to bust your account.. Unless you want to go "all or nothing" like gambling and hope to make a good profit

You set a goal on how much/often you "need" to withdraw $$; with your starting balance (the more the better as you might now already) and with the optimal % risk per trade for your strategy (I hope you figure out your Risk Of Ruin already lol) you ...

NO amount of "mindset" in this world can overcome a crappy ass chart reading skills, strategy or trade management after is running.. Not even a former SEAL special forces operator later turned Buddhist monk can overcome this if he doesn't know how ...

I know.. and you too just confirmed that "feelingz" doesn't matter to math and statistics, =)

No, an edge its a mathematical proven moment in time on the market/chart, period.. you dont "need" to personalize it to the way you are, math/statistics dont care about your "Feelungz" lmao they are what they are, period And for example, someone can ...