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The Swamp

  • #43,501
  • Oct 2, 2019 8:14am Oct 2, 2019 8:14am
Quoting gatorinla
{quote} be careful not to short it at a low price too.
lol... did you try to warn me before...glad those EU short trades TP out,,,
  • #43,502
  • Oct 2, 2019 8:16am Oct 2, 2019 8:16am
Quoting Boulder
{quote} that is why position size is very important... I plan max 8 to 10 positions on each symbol..assuming 150 to 200 pips against me ...in case I am wrong..,,for example EU breaks day stop 1.1090... or Uchf breaks weekly stop 1.0047... i will start to close my positions to minimize more risk...
Actually I think the answer is probably more complex. Most people forget that you have a 95% win rate.
That means out of 100 trades, 95 are winners, 5 are losers.
Assuming each win is 10 pips, You would have a 950 pip positive.
The 5 losing trades can be 150 pips loss each and you would still be a net winner.

I doubt the average trader can take a 100 pip loss even if they use small lot sizes.
Just pointing it out for people out there who might be following you word for word...
  • #43,503
  • Oct 2, 2019 8:20am Oct 2, 2019 8:20am
Quoting Boulder
{quote} lol... did you try to warn me before...glad those EU short trades TP out,,,
its going to test 9990 again.. eventually it should harden. I dont know if the door closed yet. 9973 is norm.
those who can, do. those who cant, talk about those who can
  • #43,504
  • Oct 2, 2019 8:21am Oct 2, 2019 8:21am
Quoting Boulder
my next TP..either EU 0925 or Swissy 9995...
closed swissy +10..
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  • #43,505
  • Oct 2, 2019 8:23am Oct 2, 2019 8:23am
Quoting thelws
{quote} Actually I think the answer is probably more complex. Most people forget that you have a 95% win rate. That means out of 100 trades, 95 are winners, 5 are losers. Assuming each win is 10 pips, You would have a 950 pip positive. The 5 losing trades can be 150 pips loss each and you would still be a net winner. I doubt the average trader can take a 100 pip loss even if they use small lot sizes. Just pointing it out for people out there who might be following you word for word...
thank for your point out that ....win rate is one big factor too.....
  • #43,506
  • Oct 2, 2019 8:25am Oct 2, 2019 8:25am
my next TP for swissy is 9985 and 9984 that I put on this morning...
  • #43,507
  • Oct 2, 2019 8:27am Oct 2, 2019 8:27am
Quoting Boulder
my next TP..either EU 0925 or Swissy 9995...
more like 825
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #43,508
  • Oct 2, 2019 8:33am Oct 2, 2019 8:33am
Quoting Boulder
my next TP for swissy is 9985 and 9984 that I put on this morning...
Got some nice ones on swissy short
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  • #43,509
  • Oct 2, 2019 8:37am Oct 2, 2019 8:37am
Quoting mars1
{quote} Got some nice ones on swissy short{image}
wow how big is your account dude?
  • #43,510
  • Oct 2, 2019 8:40am Oct 2, 2019 8:40am
Quoting gatorinla
{quote} its going to test 9990 again.. eventually it should harden. I dont know if the door closed yet. 9973 is norm.
the high was/is 1/2 way to 1061
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those who can, do. those who cant, talk about those who can
  • #43,511
  • Oct 2, 2019 8:42am Oct 2, 2019 8:42am
Quoting gatorinla
{quote} i think it will be hard to get below 0990.. if your right, this may be the channel.. I still think 1061 ish will get a visit.. so this channel wouldn't hold if so.. {image}
going forward , would you please add symbol Uchf or Euro when you post.. I am confused with both since both 9s numbers...
  • #43,512
  • Oct 2, 2019 8:44am Oct 2, 2019 8:44am
Eu is getting close to test H4 downstrend stop at 0953...
I added two shorts 0942 and 0948 as well...
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  • #43,513
  • Oct 2, 2019 8:49am Oct 2, 2019 8:49am
Quoting thelws
{quote} Actually I think the answer is probably more complex. Most people forget that you have a 95% win rate. That means out of 100 trades, 95 are winners, 5 are losers. Assuming each win is 10 pips, You would have a 950 pip positive. The 5 losing trades can be 150 pips loss each and you would still be a net winner. I doubt the average trader can take a 100 pip loss even if they use small lot sizes. Just pointing it out for people out there who might be following you word for word...
i am not sure you are addressing the right questions

first you do not risk an amount of % from your account one one trade and all trade no more than % all the account that you cannot sustain

if you have SL good -
if you don't than can you stay for an 1000 pips ? are you adding on loss and can stay 1000 pips ?

I mean yes win rate help but this is also because some of us are full time traders. I did say I was long eur right ? you would be amassed how many trades I've done on than long going in adding going out.

please be careful while reading - some has small accounts some big. but try to not go above 5% drowdown

My edge is that if i have time to stay in the market i am trading and banking pips. I've switch sides in minutes if my information changed.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #43,514
  • Oct 2, 2019 8:52am Oct 2, 2019 8:52am
Quoting Boulder
Eu is getting close to test H4 downstrend stop at 0953... I added two shorts 0942 and 0948 as well... {image}
added a little bit again. but want to see how SPX is going after they blow some accounts. 2900 is very important. so big players may buy the dip

I am going in very small at 2900 or at this point but if SPX doesn't have a bid would be hard to see EUR drop
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #43,515
  • Oct 2, 2019 8:54am Oct 2, 2019 8:54am
Quoting DMA Trader
{quote} i am not sure you are addressing the right questions first you do not risk an amount of % from your account one one trade and all trade no more than % all the account that you cannot sustain if you have SL good - if you don't than can you stay for an 1000 pips ? are you adding on loss and can stay 1000 pips ? I mean yes win rate help but this is also because some of us are full time traders. I did say I was long eur right ? you would be amassed how many trades I've done on than long going in adding going out. please be careful while reading...
Don't worry. I'm not attacking anyone. Just pointing out that if people followed boulder's stops without having an equal amount of skill, they would probably have a negative expectancy.

If you have something that works for you that's great. More power to you.
  • #43,516
  • Oct 2, 2019 8:55am Oct 2, 2019 8:55am
open Long GJ - it's been a while since I traded this beast
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #43,517
  • Oct 2, 2019 8:56am Oct 2, 2019 8:56am
Quoting DMA Trader
{quote} added a little bit again. but want to see how SPX is going after they blow some accounts. 2900 is very important. so big players may buy the dip I am going in very small at 2900 or at this point but if SPX doesn't have a bid would be hard to see EUR drop
in case bears can't hold H4 1.0953 at H4 close.... I kind think bears can't... but we do have triple swaps later... I will slow down EU shorts.. .. shorting more Uchf instead...
  • #43,518
  • Oct 2, 2019 8:58am Oct 2, 2019 8:58am
Quoting Boulder
{quote} in case bears can't hold H4 1.0953 at H4 close.... I kind think bears can't... but we do have triple swaps later... I will slow down EU shorts.. .. more shorting in Uchf instead...
same thing looking for 960/980 to add and than wait
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #43,519
  • Oct 2, 2019 9:00am Oct 2, 2019 9:00am
Quoting Boulder
{quote} Uchf printed so far...not sure any more to print..79 adr already ..day has reached..... just in case bulls have more to run, next 0006... RU R3 ----------1.0021 FP R2 ----------1.0015 WP R3 ----------1.0006 MP R1 ----------0.9995 FP R1 ----------0.9993 RU R2 ----------0.9979 WP R2 ----------0.9966 FP PP ----------0.9957 RU R1 ----------0.9953 WP R1 ----------0.9941 MP PP ----------0.9922 FP S1 ----------0.9921 RU S1 ----------0.9902
just saw Uchf cleared all my top levels..

RU R3 ----------1.0021
FP R2 ----------1.0015
WP R3 ----------1.0006
MP R1 ----------0.9995
FP R1 ----------0.9993
RU R2 ----------0.9979
WP R2 ----------0.9966
FP PP ----------0.9957
RU R1 ----------0.9953
WP R1 ----------0.9941
MP PP ----------0.9922
FP S1 ----------0.9921
RU S1 ----------0.9902

1
  • #43,520
  • Oct 2, 2019 9:02am Oct 2, 2019 9:02am
Quoting thelws
{quote} wow how big is your account dude?
Descent size. But not as big as gator or boulder
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