Markets are Irrational
- #142
- Jun 20, 2019 10:35am Jun 20, 2019 10:35am
- Joined Jan 2016 | Status: Contrarian Trader | 846 Posts
{quote} Great thread!! And i like the spirit of you guys and girls.... $20 to 1 mil is just awesome dudes
Markets are Irrational
- #148
- Jun 21, 2019 5:48am Jun 21, 2019 5:48am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} Perseverance and Good R:R is required to be an HRT... Masterrmind is my master....
Nice work !
Masterrmind.............
Master your Mind then Master your Trades
- #149
- Jun 21, 2019 6:31am Jun 21, 2019 6:31am
- Joined Jan 2016 | Status: Contrarian Trader | 846 Posts
{quote} All Time Return is not that far from 4 digits just have to keep building it. Nice work ! Masterrmind.............
Markets are Irrational
- #150
- Jun 21, 2019 6:32am Jun 21, 2019 6:32am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
GBPJPY [M5]
Long or short ?
Masterrmind............
Long or short ?
Masterrmind............
Master your Mind then Master your Trades
- #152
- Jun 21, 2019 6:43am Jun 21, 2019 6:43am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
GBPJPY [M5] Long or short ? {image} Masterrmind............
In and out fast for a quick winner.
Still waiting to get into a nice runner but it tales patience.
Trading relatively higher lots does not afford the trader much room on the SL side meaning it usually has to be shut down rather quickly on a reversal that starts going against you.
The small 'buffer profit' that I am currently accumulating will eventually allow me some room for larger stops and abetter chance of getting into a nice trade.
Masterrmind...........
Master your Mind then Master your Trades
- #153
- Jun 21, 2019 6:45am Jun 21, 2019 6:45am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
I am using the approach mentioned in the Book “Bird watching in Lion country”
May your Equity Curve hit the Moon !
Masterrmind............
Master your Mind then Master your Trades
- #154
- Jun 21, 2019 6:52am Jun 21, 2019 6:52am
- Joined Jan 2016 | Status: Contrarian Trader | 846 Posts
{quote} Looks like it is working well at this stage. May your Equity Curve hit the Moon ! Masterrmind............
Markets are Irrational
- #156
- Jun 21, 2019 9:30am Jun 21, 2019 9:30am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Looking for an opportunity for a scalp setup on gold near 1282.. probably the last setup of the week.
My favorite metal to trade is actually Silver but I haven't even started to get into that symbol yet.
Have a great weekend !
Masterrmind.............
Master your Mind then Master your Trades
- #157
- Jun 21, 2019 1:34pm Jun 21, 2019 1:34pm
- Joined Jan 2016 | Status: Contrarian Trader | 846 Posts
{quote} Just took a quick long on Gold. {image} My favorite metal to trade is actually Silver but I haven't even started to get into that symbol yet. Have a great weekend ! Masterrmind.............
Markets are Irrational
- #158
- Jun 22, 2019 8:49am Jun 22, 2019 8:49am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
HRT Leaderboard Update
Post 1 has been updated to reflect current end of week rankings.
I am willing to receive feedback from traders regarding the HRT Formula (Monthly Return (Equity) / Max Return Drawdown).
I will continue to look into an extended formula which might better provide a fairer final ranking for all traders.
The current HRT Formula punishes traders with very high DD even though they may have produced a skyrocketing Equity Curve.
============================================================================================
Well done to all HRT participants and being ranked amongst the leaders here.
A special thanks goes out to ArslanHyder regarding some fantastic recovery trading which now has the Equity Curve powering on hard.
=============================================================================================
Looking forward to trading here next week with you all.
GPro 2019.
Good trading,
Masterrmind...........
Post 1 has been updated to reflect current end of week rankings.
I am willing to receive feedback from traders regarding the HRT Formula (Monthly Return (Equity) / Max Return Drawdown).
I will continue to look into an extended formula which might better provide a fairer final ranking for all traders.
The current HRT Formula punishes traders with very high DD even though they may have produced a skyrocketing Equity Curve.
============================================================================================
Well done to all HRT participants and being ranked amongst the leaders here.
A special thanks goes out to ArslanHyder regarding some fantastic recovery trading which now has the Equity Curve powering on hard.
=============================================================================================
Looking forward to trading here next week with you all.
GPro 2019.
Good trading,
Masterrmind...........
Master your Mind then Master your Trades
- #160
- Jun 22, 2019 12:30pm Jun 22, 2019 12:30pm
- Joined Jan 2016 | Status: Contrarian Trader | 846 Posts
HRT Leaderboard Update Post 1 has been updated to reflect current end of week rankings. I am willing to receive feedback from traders regarding the HRT Formula (Monthly Return (Equity) / Max Return Drawdown). I will continue to look into an extended formula which might better provide a fairer final ranking for all traders. The current HRT Formula punishes traders with very high DD even though they may have produced a skyrocketing Equity Curve. ============================================================================================ Well...
A better version of HRT formula: Gain / (Drawdown X Standard Deviation)
My two cents even though I will be punished for DD but that is how reality works
PS: Source of this suggested formula is https://www.forexbrokerz.com/news/au...ystems-ranking. You may checkout the detailed
explanation of the formula at the pasted link.
Markets are Irrational