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Systematic trading 1,575 replies

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Attachments: Systematic Trend Trading
Exit Attachments

Systematic Trend Trading

Trade 51 stopped

Trade 52 EJ short
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tradewith60
Trade 52 stopped

Trade 53 EJ short
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tradewith60
Trade 53 moving to break even
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tradewith60
Trade 54 EJ short
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tradewith60
Trade 54 moved to break even
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tradewith60
Trade 55 EJ short
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tradewith60
Trade 55 moved to break even
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tradewith60
Trade 55 break even

Trade 56 EJ short
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tradewith60
Results:
Week 1 +4R
Week 2 -14R
Week 3 -2R
Week 4 -3R

Market dealt me a better hand this week but I kept playing fold when it should have been hold - Sometimes you don't make the most of the opportunities.

Back for more next week.
tradewith60
'It's hard to play the long game when there is a visible negative as the first step. You have to be willing to look like an idiot in the short term to look like a genius in the long term. I believe that's why so many people play the short game. But as the old adage goes, when you do what everyone else does, don't be surprised when you get the same results everyone else does.'


taken from the Antifragile book:

  1. Stick to simple rules
  2. Build in redundancy and layers (no single point of failure)
  3. Resist the urge to suppress randomness
  4. Make sure that you have your soul in the game
  5. Experiment and tinker — take lots of small risks
  6. Avoid risks that, if lost, would wipe you out completely
  7. Don’t get consumed by data
  8. Keep your options open
  9. Focus more on avoiding things that don’t work than trying to find out what does work
  10. Respect the old — look for habits and rules that have been around for a long time

tradewith60
[COLOR=rgba(0, 0, 0, 0.84)]Over the last decade, I’ve interviewed and assessed more than 5,000 investment managers. One of the most important things I’ve learned in that process is what separates the great investors from the rest. The great ones view investing as a game, and they know exactly what game they’re playing.[/color]

https://medium.com/@graham.duncan/th...reformedbroker
tradewith60
Inserted Video
tradewith60
Trade 57 EJ short
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tradewith60
Trade 57 stopped

Trade 58 EJ short
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tradewith60
trailing stop - 8R locked

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tradewith60
Quoting 60minuteman
trailing stop - 8R locked {image}
Did you manage to get in a trade after this? EJ dropped a couple of hundred pips.
Quoting 60minuteman
trailing stop - 8R locked {image}
With all due respect, why not lock 5R and give it some room to breathe?

Best of luck,
FS
Quoting ForexStream
{quote} With all due respect, why not lock 5R and give it some room to breathe? Best of luck, FS
Yes that would be a good way to manage trades, you are maintaining a high RR and allowing big winners to run by trailing your stops.

I would find it hard to argue against any exit strategy that let winners run and cut losers short.
tradewith60
Quoting TheMaxx
{quote} Did you manage to get in a trade after this? EJ dropped a couple of hundred pips.
I wish, missed it when I was sleeping. Stayed up to catch the Asian move and then missed the Frankfurt open....
tradewith60
Trade 58 +8R

Trade 59 EJ short
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tradewith60
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