post your losses using mouteki

before you get into your keyboard warrior mode, let me just say

1. im not trying to wreck or sabotage mouteki system
2. i agree it is profitable.

I thought we could improve even further, by posting losses, any large drawdowns you faced...instead of mindlessly posting profitable charts and hopefully identify what went wrong and etc.


oops....i meant for this to be in the other discussion section...my bad please move it.

Hey, why isn't there a contact on your blog or a way to leave a comment? Just wondering...

I never used Mouteki but why not follow the rules set by the author? The best thing a trader can do is keep it simple. Treat losses as a business expense and accept them. Many traders tweak and tweak a system which makes the technique less effective in most cases. My suggestion is to try and determine what market conditions Mouteki excels in and only trade when those conditions are met. Honestly, my techiques became profitable by trading LESS often (I would enter a trade just to trade). I am not in warrior mode but am trying to help you avoid a big pothole on the road to success.

Scott

You want traders to post success with system not losses.....lol

it was the only technical system I test.
bad for me!
now i just trade news, i like it!

LOL, when I used the "mouteki indicator" several months ago, on a demo account I was pulling some nice pips by trading opposite its signal. :

Sure was fancy, though.

I use a similar method, but when i´m wrong, i open a hedge to close after..
The system is good, but with many wrong signals...i think that have put some good indicator to filter this...maybe

Best Regards,
Marcelo Marques