To answer your question, I don't do either. I straight Kelly, so as the bankroll shrinks or grows, so does my position. That said, Ed Seykota recommends that pyramiding be like the One dollar bill: "Pyramid smaller and keep an eye on top of it!" As ...

Pascal's Triangle as MM

Repost of a hard copy, not just a link. Enjoy!

Pascal's Triangle as MM

url I've answered it there..

The Simple System

Thinking outside the box — Seems like a lot of people ask me, how I "think outside the box". My question is.. What's a box??? Hope that answers that question..

Personal Journal of The Fist Method

Because stocks are not 24 hours, I am going to start looking for something to attack it. What I call "Jump Theory". The fact that during openings, there are a lot of variables, gap up, gap down, etc... I have no math model to take these things into ...

Personal Journal of The Fist Method

When a price moves say... 400 pips. The fist is able to grab something like 1600 pips. How is that possible and what is the math behind it? Well.. I've been watching the TV show "Numb3rs", and the answer came to me while watching it. Cocaine. So the ...

Personal Journal of The Fist Method

So I haven't gotten a chance to update the journal.. Two weeks ago: -1900pips.. Oh well, had a losing week. Such is life. This week: +1700pips.. I have applied The Fist to stocks, without good success.. That was partially the reason for the big loss ...

Personal Journal of The Fist Method

Math Math and more Math — For some reasons, most Americans fear the word "math" more than "AIDS". I'm listening to Suze Orman and I have to say, she is pretty freakin' annoying... BUT, at least she's preaching savings and investing. That said, ...

Personal Journal of The Fist Method

It makes me sad to see a thread degrade, the original poster has a system and this is his journal. I have NO IDEA, what the point of people who go to other people's journal posts and starts badmouthing it. A thread degrades because degenerates ...

Simplicity is the Key

Trade Trade Trade — Because I'm going to be trading 10~11 items in North Finance, including Gold and stocks, I will not be doing MM simply because at 5%, each item would get at most, TWO entries.. so I'm just going to buy 1.5 lots of each, per ...

Personal Journal of The Fist Method

Victory over MT4 — With the possibility of moving to MT4, I had to rewrite some indicators from VT over to MT4.. WOW.. what a pain in the arse! It's 2am and I finally got it to work.. Was about to pull my hair out trying to get it to work. ...

Personal Journal of The Fist Method

Programming — I have been trying to figure out a smarter way to backtest The Fist against like 4~6 years of data; since the fist lends itself to heavy automation, the backtesting should be like 98% accurate. I'm using a sqlite+python ...

Personal Journal of The Fist Method

Slow week — Slow week this week.. Only ended with a +584 pips, from a total of 6 trades, one losing one, 5 winners. I guess my question is, if my WORST week is beating the "pros", how "pro" can they actually be??

Personal Journal of The Fist Method

Forex S&M — Why do we do it? Do we just love the pain? Is that it? Well, this week started off badly, The Fist was getting spanked for a few hundred pips, lowest I think was about -700 pips.. And my oak-like steadfastness in The Fist began ...

Personal Journal of The Fist Method

Ridiculous Returns... — So many ask me about my "ridiculous returns"... and while I should keep my mouth shut, I've realized I'm just not good at keeping it shut.. So I'm gonna comment on my "ridiculous returns" here. First, I have no idea ...

Personal Journal of The Fist Method

Bad week — Well. the markets weren't helping this week; very little trading, in fact, only ONE position for all but the Yen, and even then, then Yen only had 2 positions.. And GBP didn't even show ANY LOVE to me this week... There wasn't even ...

Personal Journal of The Fist Method

I got to use "area under the curve" and "trapezoidal rule" in my writings about the Fist today.. hehehe.. I'm so excited I can't sleep... Gawd I love the smell of napalm in the morning!

Personal Journal of The Fist Method

Yet another breakthrough!! — WOW!! I'm so excited I'm giggling like a little school girl! The Fist 2.0!! Damn, I'm so stupid I didn't see it before! I've been able to fractalize The Fist even more, so now think I can jump to yet a lower time ...

Personal Journal of The Fist Method

Of course last week I was chasing the elusive 10,000 pip in a week mark; yes yes yes, I know, it's all psychological and it's just an arbitrary number, but still, gotta have a nice round goal to shoot for right? This week, I switch my MM to a less ...

Personal Journal of The Fist Method