Good (Wednesday) morning all!!!
balaji3003:
IF your questions are directed at me then I'm afraid that you're NOT going to be pleased with my answer(s) to you.
I have gone to GREAT lengths on this thread to post details of what 'modifications' to the systems are needed SPECIFICALLY for forex pairs; what my % gains have been with the various systems; how to begin the 'BOS' sequence (ADX has nothing to do with this); and what my money management rules are i.e. 'how much money I risk per trade'. All you need to do is read the thread.
One thing that KEEPS coming up on ALL the threads:
WHY are people SO concerned with the win / lose ratio and / or the number pips made??? WHO CARES!!! We're NOT in this to make pips!!! We're NOT in this to attain the highest win / lose ratios!!! We're IN this to make $$$!!! People get 'stuck' on this 'number of pips' or 'win / lose ratio' for what reason I don't know!!! Remember: NOT ALL PIPS ARE CREATED EQUAL e.g. a 1 000 pip movement on EUR/USD is nowhere NEAR the $$$ value of a 1 000 pip movement on GBP/JPY or Soybeans or Silver!!! If I start the month with a capital balance of $500 and I end the month with a capital balance of $1 000 then I'm happy no matter whether the 100% gain on capital was made with a win / lose ratio of 1:50 or with a 10 pip nett gain!!! Remember: IT'S THE $$$ THAT COUNT!!! 'He' who has the most $$$ WINS NOT 'He' who has the most pips NOR 'He' that has the highest win / lose ratio!!!
Last edited by dpaterso; 05-21-2008 at 03:06 AM.
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