Hmm.. All we saw was day 1 and I imagine this is typical for most of the 90% of traders. Nice string of trades. Increase position, then take a hit. Go back onto the Forums and do it again but with different system.
Hmm.. All we saw was day 1 and I imagine this is typical for most of the 90% of traders. Nice string of trades. Increase position, then take a hit. Go back onto the Forums and do it again but with different system.
There go all my profits for the day...I entered too early before the bar closed and it ended positive. Also right before London close. Stupid! I think I am done for the day...will recover and try again tomorrow
Ignored
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Peter P - I have digested Cobra's work and in fact formatted some of it so as to try and fully grasp each aspect. He gave me permission to copy it subject to his desk approving it. Once approved I will forward it to you.
I grasp subjects better if I digest all facts. Wife says its old age !!
I like your approach and will be following your results closely. I am about to start demo and will practice for a full month. Once I am confident I will cease trading CFD'S / SSF (being doing it for 3 years) and focus on the THV system. Have a live account with FXCM (UK) and some of my past forex trades on long term Fibs were not too successful. Hence I stopped
Impressed with what Cobra's trading followers have to offer.
Nice to see people here from South Africa ;-) wish my trades were as sunny and not so stormy. Thee best site i have come across ty all. Cobra is probably a multi mill but he wont admit but dammmm thank for all your help to the new be Mill airs haha. I got your EA running just trying my best to understand it PS ill get there ;-)
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Joined Apr 2010
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Status: There's pips around the corner!
|116 Posts
I think people learn to operate within their systems more than they objectively always work. As trading is a very subjective endeavor, I believe people rather learn how to read their system and if they learn the rules, play it, similar to an instrument. This is what causes the successes to outweigh the losses, or bad notes played: Learning the rules, when to follow, when and how to bend them, etc.
This is why I think demo boot camp is essential for the testing of every new system, and the disciplining of the user.
Was an interesting journal, if the losses are too great hope Mr. Pipper at least keeps demo trading.
