Thread: No Guts, No Glory

I apologise for not following up with this as I am suffering a muscle-nerve disorder in my top right-hand for two weeks now.

I shall follow up after I recover.
Thank you all.

Possible suggestion: start the fading of all breakouts after price reaches average range for the day. Still plenty of trades to be had

Originally Posted by ;

This will be a private space for me to practice the forbidden, bending the rules and breaking up the traditional wisdom.

Hehe it is not private . . .very interesting means of going about this, should you're going about this to get a weekly goal then this amounts to 15% compounded daily goal. With the right tool this can be done. Good training for plogical detachment.
When this is systematic then it will become a deadly instrument of execution.
I wish you success on your personal thread.

Originally Posted by ;

The Target: double the balance weekly. The Setup: Put aside a sum that you wont blink in case you lose. Split it into 10 equal quantities. Each amount represents a starting balance after blown out. Trading Rules: Fade all breakouts. No anxiety. No stop reduction. Add to losing positions Use high leverage. Do not shut at reduction, unless weekly goal is achieved Following posts will describe the trading systems that will be used.

That is the way to go. Trading is completely mathematics. No principle governs the market except properly employing the smallest of your margin. Enter at a good place, expect for profit. In case, you go in reduction, start looking for another place to grow the loosing place. Recover the loss, get some profit. That is it. Enjoy trading.

Originally Posted by ;

quote equally permitted. Although I favor discretionary as it is more greedy. Remember, this is a place to practice the poor, the ugly and the forbidden.

Some suggestions:
- Do not curry spots overnight. Close by EOD
- Trade during London/NY only
- Concentrate on low transaction cost pairs; including as EURUSD, USDJPY.
- Avoid all crosses
- Backtesting that the egy (be it discretionary or automated)

Originally Posted by ;

subscribed! Is this an automated egy or discretionary?

Equally permitted. Although I favor discretionary as it's more greedy.

Recall , this is a place to practice the bad, the ugly and the forbidden.

subscribed!

Is that an automated egy or discretionary?

The Goal:Twice the balance weekly.
The Setup:Set aside a sum that you wont blink in case you lose. Divide it into 10 equal quantities. Each amount represents a starting balance after blown out.
Trading Rules:Fade all breakouts. No anxiety. No stop reduction. Add to losing positions Use high leverage. Don't shut at reduction, unless weekly goal is achieved

Following articles will describe the trading systems that are going to be utilized.

We're not perfect, just like to play the side and ride into the danger zone.

Originally Posted by ;

This will be a private area for me to practice the forbidden, bending the rules and breaking the traditional wisdom.

Looking forward to studying Abokwaik...