Disliked{quote} No. They are actually increasing risk, not mitigating and most definitely not controlling it. {quote} No. You cannot control anything unless you ARE the market. I am not big enough to set prices, nor move prices to where I want them. Therefore, I have to find another way to skin the cat and my way is through empirical analysis of market data and the location of high probability patterns that I can take advantage of by placing my capital in the way of a Trajectory or Vector that is heading to a destination that contains a high probability...Ignored
Ok. I concur.
Also: "Recognizing trade worthy patterns in the currency market is not rocket science. Developing a good supporting system that gives you good entry and exit levels relative to those patterns, just might be the closest thing to rocket science I've ever compiled"
Indeed. That is where I am. Your statement is spot on. This is what I was explaining earlier: "Any pattern that can be found needs a framework of rules and exceptions to filter the good from the bad".
I am discovering more and more that the "good supporting system that gives you good entry and exit levels relative to those patterns" IS the thing. And the actual pattern is not that important.