[quote=Vantage;6451688]
Vantage,
I find this thread some two months ago, when LE1 already left, was trying to implement the system but most of my trades were losers. I understand the problem is in me. Then I went to Big E thread and found this much for suitable for me. I use only H4 tmf now. I heve never asked anybody about my trades or help in trading, trying to find myself by studing charst, all posts... etc.
Now I am making backtest on MT4 the Big E system. After struggling for more then a year with different systems on short time frames, this h4 makes hudge difference.
Last few days made around 200 trades on MT4 backets, and I am close to 70% accuracy (68,5 in fact).
To compare results I decide to use R/R = 1, play only with trend, and only really basic rules, only one type of entry the trade (no bouce trades no CT). Tested AUD/USD, GBP/USD, from 1 Jan 2012, and now I am in EUR/USD.
Gained so far 2500 pips having average 68% of winning trades. Longest loosing string was 5 in row, longest winning string was 10 in row.
4H alows me tu study charts, reading books, threads, help my wife in the kitchen, I can even go for walk in the mean time. There is a plenty of time to fink and analysing and planning the trade.
Won't say last year was lost bcoz started with short time frames. Gained experience helps a lot, but short time frames can drive, newbies like me, crazy.
I am changing also my aproach to FF threads. Will strat to ask questions, showing my on going trades if they goes bad. Think it will rise to the next level my trading abilities.
So thank you for this, and looking forward for more...
Jacek
Disliked
I know this is a toughie, but this should help.
Do you have a set of counter trend trade rules? If you saw the items on your CT list starting to fill up would you take a trend trade? If you did fair enough no problem. If you got to say +15 would you protect yourself and get your stop to BE quicker or let your stop get hit when CT alarm bells are ringing?Ignored
I find this thread some two months ago, when LE1 already left, was trying to implement the system but most of my trades were losers. I understand the problem is in me. Then I went to Big E thread and found this much for suitable for me. I use only H4 tmf now. I heve never asked anybody about my trades or help in trading, trying to find myself by studing charst, all posts... etc.
Now I am making backtest on MT4 the Big E system. After struggling for more then a year with different systems on short time frames, this h4 makes hudge difference.
Last few days made around 200 trades on MT4 backets, and I am close to 70% accuracy (68,5 in fact).
To compare results I decide to use R/R = 1, play only with trend, and only really basic rules, only one type of entry the trade (no bouce trades no CT). Tested AUD/USD, GBP/USD, from 1 Jan 2012, and now I am in EUR/USD.
Gained so far 2500 pips having average 68% of winning trades. Longest loosing string was 5 in row, longest winning string was 10 in row.
4H alows me tu study charts, reading books, threads, help my wife in the kitchen, I can even go for walk in the mean time. There is a plenty of time to fink and analysing and planning the trade.
Won't say last year was lost bcoz started with short time frames. Gained experience helps a lot, but short time frames can drive, newbies like me, crazy.
I am changing also my aproach to FF threads. Will strat to ask questions, showing my on going trades if they goes bad. Think it will rise to the next level my trading abilities.
So thank you for this, and looking forward for more...
Jacek
JacekPreserve Precious Capital