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- 41 Results (3 Threads, 38 Replies)
- RedWingFan replied Nov 15, 2020
#3 is my stop loss technique since all of my trades are individual parts of one basket. I will jump in and out of the basket based on historical outperformance and underperformance.
Trading with no stop loss
- RedWingFan replied Nov 15, 2020
I like the topic. Thanks for starting the thread I want to make sure I'm thinking on the same page as you are. In your example of adjusting your risk based on your portfolio value at the start of every month, is that your method of money management? ...
Money Management Theory
- RedWingFan replied Apr 21, 2019
I worked on the same thing a couple years ago and the problem I faced was that (in my opinion, some might disagree) forex seems like a very mean reverting vehicle. An extended period in one direction can swiftly be pulled back to the starting point. ...
New Martingale EA (logic like Mathtrader EA)
- RedWingFan replied Apr 14, 2019
For those who have asked why would you want this, roughly 85% of my method was born out of a losing, rules based demo account. I had a theory, ran it on a demo account, lost my ass, did some tweaking and it became my model #1.
I want a losing system
- RedWingFan replied Apr 13, 2019
I have no idea if Georgi is helpful, how many followers are real, if he is good, etc. (and could care less) but this post is reason #1 why successful traders take part sparingly or avoid the forums all together. And this person is not alone. A huge ...
Price action at the core / tma intra day
- RedWingFan replied Apr 13, 2019
Very nice week but the most impressive stat in your trade report tab is 245 consecutive winning (closed trades). That is nuts. I was proud of my 30 consecutive wins until I saw your stat line
Stack MMLove the thread.
- RedWingFan replied Apr 7, 2019
Dow futures start 6pm on Sunday EST The link below has some interesting things for weekend trading (Dow, FTSE, HS50) It states "Our out-of-hours offering means you can now trade on the FTSE, Germany 30, Wall Street and Hong Kong HS50 on Saturday and ...
Dow Jones weekend price
- RedWingFan replied Apr 7, 2019
And what I mean by back testing, my back testing was very basic. I'm good at excel but can't program to save my life. I just basically set up my rules and pulled historical daily data and copied and pasted into my spreadsheet. I was able to get past ...
Stack MM
- RedWingFan replied Apr 7, 2019
Very nice thread. Your trade selection method looks very good. High win% Looking at your past closed trades, it looks like your trading method is a little similar to mine (mean revision to some extent). In my back-testing prior to going live this ...
Stack MM
- Flipping directions but adding moreStarted Mar 23, 2019|Trading Discussion|2 replies
Here is an example of what I am trying to do Lets say I am long 5 micro lots (5,000) on AUD/USD ...
- RedWingFan replied Nov 25, 2018
First. Someone said indicators which I agree. Goldman Sachs is not using any indicator that is offered to the public. Believing that any one indicator is going to be the trick, is not correct. Second. Too short term. Big trends are where it is at. ...
What is the one thing people get wrong when trading forex?
- RedWingFan replied May 20, 2018
Agree. I would be with IC markets if I could. All about the spreads though and not leverage. US Forex options are average at best.
Breaking: ESMA finalizes new rules to govern leveraged trading
- RedWingFan replied May 20, 2018
It depends on your trading method. If you are a scalper or very short term trader, then you probably could have a daily target. My method is more like a casino. Playing my formula when I have an edge but just because I have an edge doesn't mean I ...
What is your daily profit target
- The Gambler Who Cracked the Horse-Racing CodeStarted May 6, 2018|Trading Discussion|3 replies
{url} Sorry if this has been posted before. These are the kind of articles that motivates me to ...
- RedWingFan replied Apr 7, 2018
I use roughly the 4:15 PM EST price to decide on pair ownership. So the 5EMA would be the daily at the time.
What are your moving average settings?
- RedWingFan replied Apr 5, 2018
With futures, those holding your CHF example, would you be writing a check to the futures broker? Thanks
The Equilibrium, a key to success!
- RedWingFan replied Apr 5, 2018
I didn't think he was asking about how to evaluate a loss statistically or if the execution implemented correctly. I thought he was talking about the emotional aspect dealing with a loss.
How do you deal with your losses?
- RedWingFan replied Apr 5, 2018
I use 5EMA for the momentum and mean revision part of method. For me it is the interaction around the 5EMA that I care about.
What are your moving average settings?
- RedWingFan replied Apr 2, 2018
@TicTocTick Bad traders place trades and feel anxiety. Good traders place trades and feel good. Great traders place trades and feel nothing I posted in this in my journal a few days ago. Such a good quote from Tictoctick AlastorFate is correct. One ...
How do you deal with your losses?
- RedWingFan replied Apr 1, 2018
Thanks for sharing the video. Great stuff. Fascinating.
Proof That Forex is Random video