So at the moment I am experimenting with Strategy 1, having
added SuperTrendProfit4 which I make absolutely no claims
I would say STP4 is very close to my Bands strategy. With the
Bands, in hindsight, price always returned to the bands, in
realtime it was actually the bands were moving to price, yet
another optical illusion. not repainting technically the Bands
are continually recalculating, but the mind is tricked in the
With STP4 if you can see a strong trend, you can enter in direction
of trend and preempt the market which will turn against you,
( it nearly always does so get over it ) by placing Limit orders.
At the moment I am winning on all my trades, which only tells
me that next week I may likely be losing on all of them, because
that is how it seems to go.
The markets seem to go through periods of orderliness followed
by crazy randomness
or have I just described my own state of mind?
I think that when I am in good form and the markets are
behaving well, I win most of the time
if either of those factors are absent I will lose.
Another critically important factor, is confidence
When my account was 35%DD I recovered most of it
by reversing my position with a much higher Lot size.
I am currently about 12% DD because I have lost that
confidence and am now only trading peanuts.
No strategy seems to be consistently profitable
but its all in my head. if the money really didn’t matter
I could easily double my account every month
Walking ten metres on a plank of wood is childs play
but who would walk a plank connecting two high rise
buildings 50 meters above the ground?
its exactly the same thing
and that is exactly the same situation that describes
Demo and Live accounts
They are exactly the same except one involves risking
a lot of real money