80 pips++
Watching.
80 pips++
Watching.
Last edited by Relativity; 08-02-2012 at 09:22 AM.
Trading the news
Giving my take regarding news.
hi relativity,
i had gone through this thread but i cant understand how to apply your strategy...
when to enter the trade, how to apply modified swing barrows, etc... im totally blank.. i went through the posts twice... can you simplify me? the only thing i understood is that your SL is 20pips
can anyone explain me this strategy? awaiting your response...
can anyone help me by explaining this strategy step by step
relativity, I had a quick question about some of your trade history, I know you posted some kind of log somewhere in this thread, and if I remember correctly it showed a large number of breakeven "ish" trades (small wins/small losses and BE)
I was wondering what ratio of your trades fall into the "breakeven" (small win/small loss) category vs. the big wins?
I ask because I think I am seeing a pattern with successful traders that usually follows this; like you have said before all you need to do is avoid the big losses, and then naturally you will have some big winners along with the little winners and BE's, so I am seeing a lot of people with the majority of their trades in the small win/small loss/BE category, with a propensity to accrue small wins and BE more than losses, and catching home-run trades by just letting the winners run when they need to.
ART, its a little hard to explain everything that is going on because relativity is just using some simple statistics to figure out what the norm is, and then he trades accordingly. The key to understanding what he is doing is all in understanding the statistics posted on page 1 of this thread. Everything else is a modification of that or building upon that, but without understanding the statistics none of it will make sense. I suggest you go back and look at them and think really hard about what they mean and how you would trade off of them yourself, and then come back and ask questions if you need to.