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Come at me

  • #641
  • Sep 29, 2017 4:56am Sep 29, 2017 4:56am
Quoting profitfarmer
well, would the way way way better work to look that way even if you use 9 pip TP vs 10 pips? if yes, there is the missed pips issue solved in one easy step!!
and then when it hits 8 pips, ill have the same problem... for example EG earlier would have missed by 0.7
  • #642
  • Sep 29, 2017 5:07am Sep 29, 2017 5:07am
im tempted to backtest everywhere between 15 and 20P SL and TP this weekend, i just like hitting 10 pips quickly, 20 pips is a stretch
  • #643
  • Sep 29, 2017 5:12am Sep 29, 2017 5:12am
Quoting Don96
im tempted to backtest everywhere between 15 and 20P SL and TP this weekend, i just like hitting 10 pips quickly, 20 pips is a stretch
thought by now you have the last some basic backtesting on the figures, say from 8-12 pips TP and SL...in combinations...
yes, for scalping trades, 20 pips a little bit a stretch, and lots of patience time to time to reach it.
there is always, always another trade!!
  • #644
  • Sep 29, 2017 5:12am Sep 29, 2017 5:12am
after GU fucked me about like that

i could perhaps buy the break of my original TP level... 1.33765
  • #645
  • Sep 29, 2017 5:17am Sep 29, 2017 5:17am
Quoting profitfarmer
{quote} thought by now you have the last some basic backtesting on the figures, say from 8-12 pips TP and SL...in combinations... yes, for scalping trades, 20 pips a little bit a stretch, and lots of patience time to time to reach it.
yeah thats the problem

if i reduce the TP by too much then the RR reduces even more
  • #646
  • Sep 29, 2017 5:23am Sep 29, 2017 5:23am
Quoting Don96
{quote} yeah thats the problem if i reduce the TP by too much then the RR reduces even more
R:R is a useless number that only exist in your head
if anything, base maybe your research on PF ( and i mean profit factor!)...if the reduced pips still mean you book more profit vs what you booking with pips missed, you are good to go.
there is always, always another trade!!
  • #647
  • Sep 29, 2017 5:25am Sep 29, 2017 5:25am
Quoting profitfarmer
{quote} R:R is a useless number that only exist in your head if anything, base maybe your research on PF ( and i mean profit factor!)...if the reduced pips still mean you book more profit vs what you booking with pips missed, you are good to go.
ill try this weekend, i just cant see how im going to be able to make 1 pip difference and change my results, they are going to be the same either way, stuff will still miss by a pip or less
  • #648
  • Sep 29, 2017 5:37am Sep 29, 2017 5:37am
Quoting Don96
{quote} ill try this weekend, i just cant see how im going to be able to make 1 pip difference and change my results, they are going to be the same either way, stuff will still miss by a pip or less
if that would stand true, than currently you missing trades TP not by 0.1-1 pip
there is always, always another trade!!
  • #649
  • Sep 29, 2017 5:39am Sep 29, 2017 5:39am
Quoting profitfarmer
{quote} if that would stand true, than currently you missing trades TP not by 0.1-1 pip
and entries... entries are always missed by a couple or less also...
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  • #650
  • Edited 5:59am Sep 29, 2017 5:46am | Edited 5:59am
Quoting Don96
{quote} and entries... entries are always missed by a couple or less also... {image}
im going to have to delete, what nonsense.

ive left it at the moment, hasn't made the +10
  • #651
  • Sep 29, 2017 5:53am Sep 29, 2017 5:53am
Hmm perhaps I should have taken that gu long at my tp level. Never mind. If it was loss would have felt worse
  • #652
  • Sep 29, 2017 6:52am Sep 29, 2017 6:52am
looks like the EU trade is going to break higher... strongest currency atm
  • #653
  • Sep 29, 2017 7:13am Sep 29, 2017 7:13am
Quoting Don96
looks like the EU trade is going to break higher... strongest currency atm
never mind it hit +10
  • #654
  • Sep 29, 2017 7:28am Sep 29, 2017 7:28am
hmm i chanced an EA short with SL 10, looks like breakout higher, AUD seems to be quite DEAD atm
  • #655
  • Sep 29, 2017 7:31am Sep 29, 2017 7:31am
S/O on EA short, forgot about CAD news

+10 on AU long, took all of about 10 seconds lol
  • #656
  • Sep 29, 2017 7:42am Sep 29, 2017 7:42am
did have a UCAD short at 715.. deleted it 2 mins before news. it was a good call despite the fact it was a win. another day it wouldnt have been
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  • #657
  • Sep 29, 2017 10:37am Sep 29, 2017 10:37am
Quoting Don96
did have a UCAD short at 715.. deleted it 2 mins before news. it was a good call despite the fact it was a win. another day it wouldnt have been {image}
had a GU +10 but just got stopped -12 on UCAD, CAD is dead. went +7
  • #658
  • Sep 29, 2017 11:03am Sep 29, 2017 11:03am
looks like ill be done for the month here. was a very up and down month but nonetheless, it was green.

balance was 500, so its a bit more than 11.5%

actually at 23% for the month - 11.5% for the last 16 days
  • #659
  • Sep 29, 2017 11:08am Sep 29, 2017 11:08am
congrats on winning month not a great way to achieve it huge DD
  • #660
  • Sep 29, 2017 11:22am Sep 29, 2017 11:22am
Quoting Divergence
congrats on winning month not a great way to achieve it huge DD
yes im aware. it was my revenging. im also on test mode still so until i get 6 months of decent returns 15%-25% and lower DD higher w% ill be changing strategy quite a bit
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