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  • #837,461
  • Sep 23, 2013 10:55pm Sep 23, 2013 10:55pm
Quoting SerpentDove
{quote} Is this one of those, "how long is a piece of string" type questions?
It's one of those ............How much dirt is there in a hole 12" wide by 12" long by 12 " deep.....................?
The More You Learn, The More You Earn.....
  • #837,462
  • Sep 23, 2013 10:56pm Sep 23, 2013 10:56pm
If it doesn't close above 1.3518 in the next 4 minutes, we are going down to 1.3450
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The Thief of Wall Street
  • #837,463
  • Sep 23, 2013 10:57pm Sep 23, 2013 10:57pm
Quoting forexalien
{quote} It's one of those ............How much dirt is there in a hole 12" wide by 12" long by 12 " deep.....................?

I dunno, but that's a huge pain in the ass... hole to dig.
  • #837,464
  • Sep 23, 2013 11:00pm Sep 23, 2013 11:00pm
Quoting forexalien
{quote} It's one of those ............How much dirt is there in a hole 12" wide by 12" long by 12 " deep.....................?
dig that kind of hole with a spoon?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #837,465
  • Sep 23, 2013 11:01pm Sep 23, 2013 11:01pm
Quoting forexalien
{quote} It's one of those ............How much dirt is there in a hole 12" wide by 12" long by 12 " deep.....................?
Dirt already taken out to make the bloody hole.
The Thief of Wall Street
  • #837,466
  • Sep 23, 2013 11:02pm Sep 23, 2013 11:02pm
Quoting Chicky
How much money one can make in six years, based on the following assumptions: Number of trades in a month - 12 Number of losers in a block of 18 trades - 14 Number of winners in a block of 28 trades - 6 Risk on 30% of the total trades taken: 2.3% per trade Reward on 20% of the total trades taken: 4.6% per trade Reward on rest 50% of the total number of trades taken: 0.70%
you have to tweak your requirements so they do not conflict each other
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #837,467
  • Sep 23, 2013 11:02pm Sep 23, 2013 11:02pm
Quoting Chicky
{quote} Dirt already taken out to make the bloody hole.
Winner ! There is No Dirt in a Hole.................
The More You Learn, The More You Earn.....
  • #837,468
  • Sep 23, 2013 11:03pm Sep 23, 2013 11:03pm
Quoting Chicky
{quote} Dirt already taken out to make the bloody hole.
yup you are the smart boy. there is no dirt any more
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #837,469
  • Sep 23, 2013 11:03pm Sep 23, 2013 11:03pm
Quoting Chicky
If it doesn't close above 1.3518 in the next 4 minutes, we are going down to 1.3450 {image}
Or come screaming up off the 30 min 200ma. I hate this area for so many reasons. Damn FOMC for taking us into it.
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  • #837,470
  • Sep 23, 2013 11:04pm Sep 23, 2013 11:04pm
Quoting forexalien
{quote} Winner ! There is No Dirt in a Hole.................
still wrong. you can make a hole in the wall and put some dirt inside it.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #837,471
  • Sep 23, 2013 11:05pm Sep 23, 2013 11:05pm
Quoting Chicky
How much money one can make in six years, based on the following assumptions: Number of trades in a month - 12 Number of losers in a block of 18 trades - 14 Number of winners in a block of 28 trades - 6 Risk on 30% of the total trades taken: 2.3% per trade Reward on 20% of the total trades taken: 4.6% per trade Reward on rest 50% of the total number of trades taken: 0.70%
Not enough information given.

You only tell us the risk on 30% of the total trades. Total number of losing trades are 56. We can't calculate the losses on all losing trades without knowing what was risked on all losing trades.
  • #837,472
  • Sep 23, 2013 11:09pm Sep 23, 2013 11:09pm
Quoting Chicky
How much money one can make in six years, based on the following assumptions: Number of trades in a month - 12 Number of losers in a block of 18 trades - 14 Number of winners in a block of 28 trades - 6 Risk on 30% of the total trades taken: 2.3% per trade Reward on 20% of the total trades taken: 4.6% per trade Reward on rest 50% of the total number of trades taken: 0.70%
No, this is not a trick question. Just a reminder to those who make this kind of calculation that it is vitally important to follow the risk/reward, lot size, etc. percentages and trade set-ups no matter what. How it is related to my above post? ....... You cannot calculate or earn return, not even close, if you do not consistently follow the figures. Consider the missing/duplicate figures in my above question as the data relating to trades where one deviates from pre-set figures. In other words, calculation is one thing, consistent practical application is another.

One thing that may help is remembering market can do any thing at any time. If it could go against you in a split of a second, it can also turn to favor you in the same span to time. Never deviate from your plan and you will get at least something.
The Thief of Wall Street
  • #837,473
  • Sep 23, 2013 11:10pm Sep 23, 2013 11:10pm
Quoting 2+2=4ex
{quote} Not enough information given. You only tell us the risk on 30% of the total trades. Total number of losing trades are 56. We can't calculate the losses on all losing trades without knowing what was risked on all losing trades.
his requirements conflict each other.

14 losers in 18 trades are more than 30%
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #837,474
  • Sep 23, 2013 11:12pm Sep 23, 2013 11:12pm
Quoting ffleo
{quote} his requirements conflict each other. 14 losers in 18 trades are more than 30%
Only 30% of the total trades had a risk of 2.3%. Nothing to do with the amount of losses.
  • #837,475
  • Sep 23, 2013 11:15pm Sep 23, 2013 11:15pm
Quoting 2+2=4ex
{quote} Only 30% of the total trades had a risk of 2.3%. Nothing to do with the amount of losses.
he needs to remove these two requirments:

Number of losers in a block of 18 trades - 14
Number of winners in a block of 28 trades - 6
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #837,476
  • Sep 23, 2013 11:18pm Sep 23, 2013 11:18pm
Quoting ffleo
{quote} he needs to remove these two requirments: Number of losers in a block of 18 trades - 14 Number of winners in a block of 28 trades - 6
No he does not.

Total number of trades = 72
Total number of losses = 56
Total number of wins = 16

The problem is we only know the risk on 30% of the trades (2.3%). We need to know the risk for the remaining 70% in order to calculate a best case scenario of money won.
  • #837,477
  • Sep 23, 2013 11:20pm Sep 23, 2013 11:20pm
Quoting ffleo
{quote} he needs to remove these two requirments: Number of losers in a block of 18 trades - 14 Number of winners in a block of 28 trades - 6
About 4 or 5 year ago, one of my friend and I cobtributed $200 each to open a $400 account. The objective was to make 1% a day for the next 6 years. I think the calculation said it would be around $50 million by that time. We made about 90% in 80 days. Later I bought his share and still manage this account.
The Thief of Wall Street
  • #837,478
  • Sep 23, 2013 11:24pm Sep 23, 2013 11:24pm
Quoting Chicky
{quote} About 4 or 5 year ago, one of my friend and I cobtributed $200 each to open a $400 account. The objective was to make 1% a day for the next 6 years. I think the calculation said it would be around $50 million by that time. We made about 90% in 80 days. Later I bought his share and still manage this account.
Wel you will owe to your broker

[(Initial capital * (2x + 3y )) / 4z ] * 30/100 ]



Mohan
  • #837,479
  • Sep 23, 2013 11:24pm Sep 23, 2013 11:24pm
Quoting Chicky
{quote} About 4 or 5 year ago, one of my friend and I cobtributed $200 each to open a $400 account. The objective was to make 1% a day for the next 6 years. I think the calculation said it would be around $50 million by that time. We made about 90% in 80 days. Later I bought his share and still manage this account.
You could not maintain the 1% per day through the first 80 days then. 1% every day for 80 straight days is 121.7% return.

EDIT: Unless you are including weekend days in your 80 day count, but not as days where 1% is gained/compounded. Even still you fall a little short I believe.
  • #837,480
  • Sep 23, 2013 11:27pm Sep 23, 2013 11:27pm
55% Bullish on H4
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