Brother Candle, Oh I agree. 1 point a day on 100 cars avarage adds up to $1.25m per year. Simple arithmetic. 1 point per day on 200 =...
Yes - I often go in the kitchen once a trade is on and do some cooking or make tea or do the washing up or whatever, and just let it run and look...
No problems at all. I try to get in as close as possible too, since it affords the smallest stop and a better ratio between stop and target....
I'm not talking about the stop placement being variable inside the trade, but dictated by the market before the trade is even taken, and so will...
Isn't it interesting how the thread has moved from discussing the original thought, to now more discussing the mechanical nature and...
If by risk, you are referring to the point at which you would exit a trade that has failed and the maximum loss, that does make sense, because the...
Yes. I understand. The question that comes into my mind is how to continue to capture those extra points while reducing the risk from what you...
So, some of this boils down to mechanical restrictions of method? and some (as you have said) boils down to (I believe the term you used was)...
Why thank you kind sir. :) Best Natalie
Brother Candle, It was not my intention to imply inferior performance, but rather to consider the question of the difference between the 1.5...
I understand your point completely Brother Candle. So what is it that brings the daily avarage down to 1.5 ish? Is it mechanical restriction?...
Ok here is an idea to work with. What about setting out to caputre 1/3rd of the range of each 1 hour bar/candle? Start with the 10.00 EST...
Thanks AAA, So you are saying that the psychological issues play a much greater role in this than any of us suspect. So the question I would...
OK - If we accept that then the next question is - "But Why?" Best Natalie
Agreed, and like smoking you have to want to do it in order to succeed eventually in achieving that? Best Natalie
No - not confusing anything at all. If the system can't yeild it, then that is a limitation of the system. The mental ceiling comes into play...
OK - But the whole point of this thread is raising mental limits. This basically means that just because you have not yet found a better system...
It may be hopeful, but with such a target and sensible money management etc. i.e. not taking stupid risks to achieve it, isn't the end result of...
Thanks for the explanation. However, surely you would agree that additions and modifications/improvements to any system can be achieved, which...
Before this gets out of hand completely, I'd like to point out that the supposition is based upon the many threads here on ET associated with...
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