DislikedI've begun to read the manual booklets. There are 5 templets in the package. Which one should I use, please?
In fact, I download the all five templets, and installed the EAs as well as the indicators, as instructed. But my charts look differnent from your chart in Page 1 Post 1. I was wondering if I missed anything.Ignored
It's not a good idea to try to bring everything ever written on the thread so far together into a near perfect system. That will not work unless you have Al's, or nanningbob's, or Favorite's experience, and obviously, you don't. Neither do I.
Al's advice: stick to the infomation and the indi's, tmplt's, EA's, on page 1. That is a complete system, and Al keeps it up to date. As your quote mentions, the other templates, EA's, and indi's that have been offered are for more advanced traders.
No system is 100%, and this is true of this one. Don't assume that if you get the right EA's, indi's, etc. that the first live trade you put on is going to be a winner, as others have done. This sets you up for staying too long in a losing trade. If it is a winner, you may begin to think the next one will be a winner as well and make the same mistake.
There is no substitute for experience, so do not expose yourself to excessive risk until you have more.
Have a plan for the trade moving against you that will not hurt your account, risk only 2% or less, for example. No matter which system you decide to use, without good money management you will lose your money.
Good luck in your trading!
The mind thinks, the heart knows...