{quote} Splendid T1 and T2 position management ! Here is from my secret archive
{image}
- #24,122
- Jun 4, 2018 8:24am Jun 4, 2018 8:24am
- | Joined Apr 2018 | Status: Junior Member of HA | 158 Posts
heavy resistance at 1.17442 is set.
waitnsee a small retracement at least to 1.16653
up or down i will on-trade if outer of the range broken.
but i prefer shorting to new-lowest (+-;150pts).
and i maybe wrong ...
waitnsee a small retracement at least to 1.16653
up or down i will on-trade if outer of the range broken.
but i prefer shorting to new-lowest (+-;150pts).
and i maybe wrong ...
- #24,123
- Jun 4, 2018 8:30am Jun 4, 2018 8:30am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Neah, I'd put up for 1742 Day Top!
I'm no more proud of that, much more like bored...
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- #24,124
- Jun 4, 2018 8:33am Jun 4, 2018 8:33am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
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- #24,125
- Jun 4, 2018 8:35am Jun 4, 2018 8:35am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} 2:1 is tricky. Do me a favor and flip the coin for 170 time ...random number... You'll get smth like this result: {image}
...flipping the coinLet me tell you waht. In trading it never happens!!!
because the market wipes the SL before the TP in 66% situations! ...not in 50% like when you flip a coin! 
Member
- #24,126
- Jun 4, 2018 8:37am Jun 4, 2018 8:37am
- Joined Jan 2017 | Status: Trader | 1,157 Posts
{quote} The conclusion is that will always be in profit!
- #24,127
- Jun 4, 2018 8:39am Jun 4, 2018 8:39am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Ok, but in this example you are assuming your entries in the market are random, right? Which is not the case. Usually, i mean.
But in trading is not the same math outcome!!!
The experiment shows I was doubling the original account in 156 trading days!
...no TA, no PA, no FA, no pyramidal adding, no martingale, no nothing!...
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- #24,129
- Jun 4, 2018 8:44am Jun 4, 2018 8:44am
- Joined Jan 2017 | Status: Trader | 1,157 Posts
{quote} It's a practical experiment. I had actually flipped the coin. And time brought me constant profit! But in trading is not the same math outcome!!!
You really flipped the coin 170 times? Why? Isn't it logical that when given 2:1 odds on something that has 1:1 odds results in profits long-term? Man, you really need to do some sports bets or play some poker! 
- #24,131
- Jun 4, 2018 8:45am Jun 4, 2018 8:45am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #24,132
- Jun 4, 2018 8:49am Jun 4, 2018 8:49am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote}
{quote} Could you explain this experiment a bit better, please?
Just flip the coin for ...say 200 times! And note down every time you win $2. And write down every time you lose $1. (apparently Risk/Reward 1:2)
That's it!
Do the final total!
Just do it for yourself and let me hear the final conclusion please
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{quote} My dear friend, and all of you people, I recommend to do this experiment for yourself! Just flip the coin for ...say 200 times! And note down every time you win $2. And write down every time you lose $1. That's it! Do the final total! Just do it for your self and let me hear the final conclusion please
More precisely, 50 cents per flip
- #24,134
- Jun 4, 2018 8:54am Jun 4, 2018 8:54am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} I love your TA, but this surprises me ... Of course you will end up winning
The question is if you can do that in trading? And if not, WTF is the essential difference?
Member
{quote} I tell you the right result. If you do that at infinite you'll get 66% winning and 33% loss... The question is if you can do that in trading? And if not, WTF is the essential difference?
I mean, let's say you are long, you are saying that you should have a 50% chance that the price goes up 20 pips and and a 50% that it goes down 10 pips?
- #24,136
- Jun 4, 2018 8:59am Jun 4, 2018 8:59am
- Joined Jan 2017 | Status: Trader | 1,157 Posts
{quote} I tell you the right result. If you do that at infinite you'll get 66% winning and 33% loss... The question is if you can do that in trading? And if not, WTF is the essential difference?
- #24,138
- Jun 4, 2018 9:02am Jun 4, 2018 9:02am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Well you can't do that in Forex because markets are not random, they are manipulated by institutions that have a lot of money. So if it's not completely random, you don't have a chance to get the same results.
..yet it doesn't provide 50-50% if you set TP=20 pps and SL=10 pps {quote} Not sure if you are just messing up, but why should you have a 50/50 chance on a 2:1 RR? I mean, let's say you are long, you are saying that you should have a 50% chance that the price goes up 20 pips and and a 50% that it goes down 10 pips?
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- #24,140
- Jun 4, 2018 9:04am Jun 4, 2018 9:04am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} (Guess you meant that) Yeah, so why you compare it to a coin flip?
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