restart the new acc with V31C+day target 06A.
Let's go!
Let's go!
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Can someone explain the logic of the 'DayTarget' ?
I've been a very successful gambler for the last 40 years or so and have been successful partially because I've always looked for a method with a positive expectation and discarded those without. I've read a great deal about the subject and about trading (gambling in another form whether you like it or not) and have never understood why people limit themselves with 'targets', like daily targets, or 'stop at a winner'. If you have an edge, you have an edge and it seems a bit like shooting yourself in the foot by limiting your algorithm. There's obviously a strong argument for stopping or changing the algo if the conditions change but to give yourselve's simplistic targets seem poor logic. Perhaps you'll find that in the long run your algo actually needs those outlier mega days that are way beyond your daily target in order to be profitable. So it would be nice to understand the logic of the 'DayTarget'. And I'm very happy to listen to any argument and be proved wrong in my thinking. One thing I've learnt is that you never know everything and there's always something more to learn
I've been a very successful gambler for the last 40 years or so and have been successful partially because I've always looked for a method with a positive expectation and discarded those without. I've read a great deal about the subject and about trading (gambling in another form whether you like it or not) and have never understood why people limit themselves with 'targets', like daily targets, or 'stop at a winner'. If you have an edge, you have an edge and it seems a bit like shooting yourself in the foot by limiting your algorithm. There's obviously a strong argument for stopping or changing the algo if the conditions change but to give yourselve's simplistic targets seem poor logic. Perhaps you'll find that in the long run your algo actually needs those outlier mega days that are way beyond your daily target in order to be profitable. So it would be nice to understand the logic of the 'DayTarget'. And I'm very happy to listen to any argument and be proved wrong in my thinking. One thing I've learnt is that you never know everything and there's always something more to learn
He was looking for the card so high and wild hed never need to deal another
- #1,686
- Edited 2:27pm Jun 8, 2016 10:34am | Edited 2:27pm
- Joined May 2015 | Status: Trader | 1,061 Posts
- #1,691
- Edited 1:38pm Jun 8, 2016 1:23pm | Edited 1:38pm
{quote} Exness has Cent , Mini, Standard and ECN accounts with unlimited leverage and good support. Check the following link. https://www.exness.com/a/rpccd63b
Thax. ECN just 1:200 and I'm looking for 1:500.
Also looking at Tickmill if anyone has an opinion ?
Tickmill doesn't accept EU clients
but they suggested Vipromarkets.com
He was looking for the card so high and wild hed never need to deal another
{quote} Thax. ECN just 1:200 and I'm looking for 1:500. Also looking at Tickmill if anyone has an opinion ? Tickmill doesn't accept EU clients
- #1,698
- Jun 8, 2016 5:03pm Jun 8, 2016 5:03pm
- Joined May 2015 | Status: Trader | 1,061 Posts
Going back here to the last Friday scenario ...{image}
bauta
