Disliked{quote} I hear you Ferru. But look at the chart. According to the rules it is a down trend. Do you really want to keep entering short positions in this market? {image}Ignored
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Disliked{quote} I hear you Ferru. But look at the chart. According to the rules it is a down trend. Do you really want to keep entering short positions in this market? {image}Ignored
Disliked... if we get a series ending Daily DC break, we don't go back in on that pair until we have another "series" setup as in Rule #1.Ignored
DislikedAs the thread moves forward and more positions are discussed, I think it raises a possible terminology issue into focus, and that is the use of the term "Pip" As shown in our E/U template we are locking in "pips" as we go along to finance further positions. But locking in 500 "pips" at .01 lots is a lot (no pun intended) different than locking in 50 pips at .5 lots. I feel that one of the most dynamic factors in the system is the locking and stacking aspect, so I want to be clear on what we're referring to on given trades. I also want those following...Ignored
Disliked{quote} What about normalizing in multiples of the initial risk? For instance I risk $25 on the first position, this is the unit. If I trail a series of SL to lock $53.6, I locked 2.14 units (53.6/25). It give the same value whatever your account size, whatever the SL and the size of the various entries and whatever your percent of risk is. The final result for your trade gives the effective RR of the series. This is a measure any trader understands.Ignored
Disliked{quote} What about normalizing in multiples of the initial risk? For instance I risk $25 on the first position, this is the unit. If I trail a series of SL to lock $53.6, I locked 2.14 units (53.6/25). It give the same value whatever your account size, whatever the SL and the size of the various entries and whatever your percent of risk is. The final result for your trade gives the effective RR of the series. This is a measure any trader understands.Ignored
DislikedBut, this overall looks bad... I don't think one can compare overall profit/loss to just a day profit.... I think!..Ignored
DislikedEXPERIMENTAL counter-trend E/U long with aggressive entry. Previous DC-W1 break was at 1.1098. Price a little bit above this now. DC-D1 last move was up. DC-H4 going down and just broke. SL 130 pipsIgnored
Disliked{quote} What i meant was, the Overall profit/loss of this strategy seems bad. So, is it really worth trading or you need some ideas to improve it?Ignored
Disliked{quote} Yea, It is early for that i know... That's why i said, will you mind more ideas to improve it? Thanks, Noobshow.Ignored