hi Avraham, OP in the second strategy is talking about only taking 2 trades: buy on level 4 and 5 below medium, sell on level 4 and 5 above medium. stop losses on level 6 and 7. so even better with only 2 trades.

Simple Mean Reversion

you certainly can do trend and range trading safely. just determine the longer-term trend on the daily. oh ok, the trend is up on the daily TF. now we only buy near the bottom of the range, not sell at the top of the range. we could have a stop in ...

Win in Trend and Win in Range

hello Filipo, just passed by and see your intention to move on. thank you for being such a good contributor in Bk8`s thread and keeping it alive. I wish you every success in the future. over to Mrs Oddbjorg now as the last one standing!

Monthly Profit - Daily Trading using SMA

hello Woohiye, the short trade E/U @ 1.2345 on the daily chart I don't see any 3 consecutive down days from resistance?

The TAW system

from my understanding, we only do contrarian trades here: sell when price rises through level 4 and 5 above the median. buy when price drops through level 4 and 5 below the median.

Simple Mean Reversion

ADR (average daily range) is the same as ATR (average true range) for the daily chart.

Simple Mean Reversion

Masterrmind, trades are not left open till the end of the day: stop loss at level 6 or 7.

Simple Mean Reversion

We all need to use the same SL and TP in order to compare backtest results. Every trade is in 2 positions: 1 position with SL under or above the signal candle and TP the same amount of pips as the SL.........no confusion there. 2nd position: SL ...

I challenge you to fail with this

post 84: in chart 3: don't think your pending order is in the right place......... should be at the high of the signal candle??? just to avoid any confusion

I challenge you to fail with this

I don't see that the SL is tighter than the TP: you enter when price breaks the high of the signal candle, your TP is the size of the signal candle and the SL is below the signal candle. So wouldn`t r:r be 1:1 - SL = TP?

I challenge you to fail with this

I looked into VIX a bit more and trading it for the longer-term can be quite costly. every 30 days the front futures contracts expire. no surprise here. what is a surprise is that the VIX futures act like options, because there is time decay. VIX 15 ...

Playing Russian Roulette with Martingales

too often to call myself a professional trader according to Weinstein

Higher Edge within a Single Candlestick

maybe they`re losing their mind then, lol

Higher Edge within a Single Candlestick

Weinstein: what a load of bull.........so a professional trader has no chance of losing???

Higher Edge within a Single Candlestick

however to roll over to the next monthly contract will be quite costly. suppose you have to wait 2 years after buying your contracts @ $11.00 for a lot of volatility: 24x roll over @ 0.15 spread = $ 3.60 suddenly your average price is $ 14.60!

Playing Russian Roulette with Martingales

hi C. thank you for your detailed reply. I agree that Nat Gas has a bright future, but I don't see why that would increase prices. producers like Santos, Shell etc will just pump more of the stuff when demand is higher. wishing you a lot of success ...

Playing Russian Roulette with Martingales

hi C. must admit I`m surprised with your targeted TP of 9.624 for Nat Gas. only got there 4x in the last 20 years and not since December 2008 = almost 9 years! did you research the reason why the price went up that far those 4 times? strikes, broken ...

Playing Russian Roulette with Martingales

the S&PVIX futures are a part of the CBOE exchange. the multiplier is $ 1,000, so at $ 11.00, the contract would be worth $ 11,000. the contracts expire monthly. the margin is quite high and the further out you go, the lower the margin. for the June ...

Playing Russian Roulette with Martingales

hi C. must admit I keep a weary eye out for when this bull run in equities will run out and the inevitable crash will happen. the commodities probably will hit rock bottom, so not keen on buying them at their current price. VIX is another matter ...

Playing Russian Roulette with Martingales