Disliked{quote} I think that all the years ask you the same thing but , again, how many times have your setups (breaks) failed in a row? and how many times (a year) you need to use your BB (big bank) to solve the situation? thanks DavidIgnored
From memory, daily can fail 3 times and it has been known to fail 5.
04-00 4 hour bar can go 3 in a row.
the 08-00 15 min bar break is a totally different story.
that is why i counter. keep a trade on a counter and it might be held at minus -30 for example, it may happen again minus 30, it may happen again minus 30.
So we now have minus 90 combined.
Whilst this is happening i may still be making my plus +5 %.
Like i say/said.
i might make more than 5% and i also do retrace trades (not always.
all this extra helps a loser.
I have been told this is still a loss.
If i have 100 on 1st of the month and have 200 on the last day of the month, it doesn't matter if i had had 500 or what ever.i want 5% each daily trade of my little roll.
Big bank roll was used quite often at times. but that was the machine of trading.
counter and whittle it down
Hope this makes sense.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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