DislikedI have tested a system very similar (with 5,3,3 setting) to that and got 55%-56% accuracy with almost 2:1 RR. But, the exits are not totally mechanical.Ignored
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DislikedI have tested a system very similar (with 5,3,3 setting) to that and got 55%-56% accuracy with almost 2:1 RR. But, the exits are not totally mechanical.Ignored
DislikedNo offense take since you talking apples and oranges. Discretionary trading and HFs are completely different approaches to trading. Care to site the reference that most were underwater the past couple years?
Again, you're talking risk/money management and I was talking about trade management and technical skills. Out of the 50% winners there will be plenty of trades that can make decent runs and/or be added to to maximize gains and scaled out of reducing risk. A late entry can be scaled into over a range to turn an otherwise losing trade...Ignored
DislikedNo offense take since you talking apples and oranges. Discretionary trading and HFs are completely different approaches to trading. Care to site the reference that most were underwater the past couple years?
Again, you're talking risk/money management and I was talking about trade management and technical skills. Out of the 50% winners there will be plenty of trades that can make decent runs and/or be added to to maximize gains and scaled out of reducing risk. A late entry can be scaled into over a range to turn an otherwise losing trade into...Ignored