Systematic Trend Trading

Trade 6 stopped

Trade 7 long UJ

Trading is poker, not chess!

Trade 7 stopped

Trade 8 long

Trade 8 stopped

Trade 9 UJ long

Trade 9 stopped

Trade 10 UJ short

Trade 10 win +4R

Trade 11 UJ short

Trade 11 moving to b.e

Trade 11 TP 4R

Two market truths make high RR one of the easiest edges to exploit, trends and fat tails in price distribution. You have to know what your edge is, the evidence supporting it must be compelling and you have to know your systems expected performance when exploiting that edge.

Don't rely on 'your ability to read the market better than most' - accept you are most likely average and rely on evidence based investing.

Well it's not exactly my sleep time, it's midnight until 7am.

Trade 12 uj short

Trade 12 move to b.e for NFP

Trade 12 tp +4R

Trade results week 1:

B.E, -1, -1, -1, -1, -1, -1, -1, -1, +4, +4, +4 = +4R

Entry patterns should be simple as they have a minimal effect on long term results. Here are 3 of my BUY entry favourites:

1. 2 consecutive bull bars


2. Bearish, bullish 2 bar pattern


3. Bullish bar with lower low

There are easy methods for increasing system performance - trade based on evidence

You will very rarely find retail traders who's strategy involves very large targets.

'The “odd” one is usually far more skilled. Pay attention to outliers of appearance, manner, and style.'

Trade 13 UJ short - unlucky for some

Trade 13 stopped

Trade 14 UJ short