In the previous several posts I’ve attempted to answer some tricky problems that I feel must be dealt with for anyone trying to put G’s excellent methodology into practice and in turn produce some fantastic results over the next several years. Years I might add that are almost certainly going to produce some big trends in the financial markets.
So to wrap up, here’s one way of approaching the problems –
How to read the market - How to know when to trade - How to keep know when to keep out of the market
Only look to trade at the edges of price.
How to make sure stacked positions have the best chance of surviving
As above, only look to stack around the edges. If your reading is correct and price does turn out to be an edge, chances are it’s not going back to that level and your position (initial probe(s) + stacks) will survive.
Risk management
Risk 10 basis points per trade, including individual stacked positions. With such small risks fear/greed become somewhat irrelevant and you caneasily afford to be wrong 5 times in a row and take the 6th trade. Fear and greed will dog most traders who risk in excess of 0.5% per trade using this method. And if/when fear/greed is an issue I can guarantee the outcome won’t be profitable.
Low risk entries
It’s not about low risk entries per se, rather finding areas which have a high probability of working, then most entry methods will work well. So -
- Find an area on a chart that has the potential to be an edge, make that your hindsight
- Then wait for the boys to make it hard for the majority to be on the move
- Probe when you see the boys at work, then stack if price bites in your expected direction (hindsight)
Stacking
Track the boys, track their games, look for instances where they’re forcing people out in areas that you’ve identified as potential edges. Then if price starts to bite in your expected direction, stack aggressively but at the same time with small risks per trade. Also, demand high trade performance from your stacks.
Psychological pressures
Risking 10 basis points per trade can go a long way to defeating the twin demons of fear and greed.
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I hope some members will pickup some tips and tricks from my recent posts and of course I thank Graeme for taking the time and much effort to start this excellent thread a few years back.
I got several of those in my demo and have gone live doing just the same on GBPNZD this week. Obviously, I am not talking about random entries, coin flips or any of such nonsense. It's purely based on market/sentiment interpretation combined with price interpretation. 
Good series of posts Calc. Pigs get slaughtered by putting SL on high/lows with some space. Either one should avoid adding liquidity or create fake liquidity to beat your competition at their own game Hint: ever seen an L2 order book on an exchange where algorithmic large orders randomly come and disappear every few minutes or so? Those who have access to large capital will continue to play this game to find suckers.
