Sometimes I compare, but not often. My feed rarely lets me down, and I wouldn't like to become confused by seeing possible alternatives
ReadtheMarket - Supply and Demand with Price Action
- #1,541
- Nov 12, 2014 12:54pm Nov 12, 2014 12:54pm
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
{quote} Dear Fxyogi, I have learned an enormous amount from your posts on here. I am humbled by your willingness to share as it begs for others to try and tear down your work. My home is now on RTM and I don't post here as I don't feel it will be appreciated but I had to thank you in person. I'm still putting the pieces together but I have never expected it to be a 3 month lesson. This is a wonderful challenge with such a beautiful reward. Thank you for your continued help. To everyone who is not familiar with what RTM does; my humble suggestion:...
You are welcome buddy. Im also student like you coming here learn from IF and others. Every one add their wisdom.
- #1,549
- Nov 14, 2014 8:24am Nov 14, 2014 8:24am
- Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts
Muzani and Yogi,
I would argue that Muzani's EU trade was valid, but for reasons that he didn't necessarily list. To me, the engulf that he marked out was an important one, but only if the larger picture is taken into account. See the attached images:
I would argue that Muzani's EU trade was valid, but for reasons that he didn't necessarily list. To me, the engulf that he marked out was an important one, but only if the larger picture is taken into account. See the attached images:
In boxing, all the champion's results are visible. In forex, talk is cheap.
For sharing. Dumped my last demo account and started this to hope for achieving lower than 5% drawdown, doubled equity within a month. Mission failed. {image}
Drawdown Drawdown
. We are not high risk gamblers earn bit by bit one month and lose everything one day
.We are professional.Treat that way.From beginning your problem is draw down. Apart from that you are a great sensible trader needs some fine tune.
I suggest you open small live account and trade. Currently your subconscious telling you this is only demo and not real money.
Its not easy to overcome this issue. My first forex teacher who is a martingale trader with 10 years experience was having drawdown about 40K in his live account due to shorting GU.He was holding 1 year and luckily out recently. Please understand even experience traders cant face this problem.
