I'm now at all time worst draw down on the Pip strategy, I'll give stats later on when I've recovered don't want to discourage anybody especially since most all of you are doing better than i am over the last month and 1/2. Here's the Point total on the strategy for the last 300 something trades. In dire need of a trend change
I'm now at all time worst draw down on the Pip strategy, I'll give stats later on when I've recovered don't want to discourage anybody especially since most all of you are doing better than i am over the last month and 1/2. Here's the Point total on the strategy for the last 300 something trades. In dire need of a trend change {image}
Ignored
Thank you for being 100% transparent with your results.
I program as a hobby, I wrote this little program that randomly populates a chart with "Price Data". All the price data is completely random and there is a 50/50 chance of price either going up or down. It generates 5000 bars of data. I find it interesting that it looks just like charts we would trade on our day to day. I gave the first bar the starting value of 25,000 because it is similar to the YM.
I program as a hobby, I wrote this little program that randomly populates a chart with "Price Data". All the price data is completely random and there is a 50/50 chance of price either going up or down. It generates 5000 bars of data. I find it interesting that it looks just like charts we would trade on our day to day. I gave the first bar the starting value of 25,000 because it is similar to the YM. {image}
Ignored
Now slap a moving average on there and see how often it respects it
Trading SIM, I had a break even day with six trades, all shorts.
I quit based on Life getting in the way of my trading.
I was very cautious and did not take serious losses.
Update: Just checked if my target area would have been hit. My feeling that price would need (too much) time to get there was also right. Hence, I am happy how I managed it, since I would not have had the time to sit this out.
Two trades for me today. Each Trade has its own screenshot.
In the first trade, I added 50 shares after I had already begun to average out because the market had made a strong bullish swing. I treated those shares as more of a scalp and thus consider it all part of the same trade.
The second trade are the two shorts and two covers after the dark shaded area (first trade.)
I am very pleased with my exits on the second trade. Price was not moving in my direction and I was able to exit with a small win instead of a loss.
Today was my fourth day live trading.
2 wins
+1.3R
No entries for me last Friday, thought I would trade the immediate today. Played out as most of the times when I trade it. Shouldnt bother any longer I guess, instead watching HTF zones/swings exclusively. Doing better this way.
Ratios & Harmonics: a Different Way to Trade
