when I posted my thread Accountability Statements, i thought, why not just let the whole world witness your trading? I think by posting my statements here every month i will be held accountable for any stupid acts i might commit that will screw up my trading plan.
Just so you guys know, i will not delve too much into my system (this is why its here, not in trading system thread). But i let you know that i trade using the concept of 'mean reversion' trading (look it up). I use price action to look for price stability (point of control), support and resistance and bollinger bands. It's 90% mechanical 10% discretionary in my opinion. NOthing magical, stuff that people have used before.
So hopefully this will be a learning experience for all of us. Wish me luck.
Just so you guys know, i will not delve too much into my system (this is why its here, not in trading system thread). But i let you know that i trade using the concept of 'mean reversion' trading (look it up). I use price action to look for price stability (point of control), support and resistance and bollinger bands. It's 90% mechanical 10% discretionary in my opinion. NOthing magical, stuff that people have used before.
So hopefully this will be a learning experience for all of us. Wish me luck.