Opened with GAP down. But GAP was filled. I'm still in the game with my tight SL. MSFT down, AAPL down but FB seems will go UP. Realy FB announced virtual reality glasses give optimism..? OK.. yea, off-topic maybe.. wait... what is the topic now? ...

The brutal truth of day trading

Exit with TP at 357.95 - added 2.7% to account. GAP was filled. Started to stall. Looked in parallel to MSFT and AAPL - both down and looked choppy. So decided to exit on GAP filling. image

Real Trading

BUY FB dip (-6.5%) at 354.60 image Edit: so far good. Set SL on BE.

Real Trading

is it ok to post here stocks trading?

Real Trading

Put on live again one hedge setup for indexes trading - using averaging and using SL. BUY - USTECHCash SELL - JP225Cash Here 3 years results: image Like hedging a lot - no matter if stocks crash, the strategy could perform well. Here example of ...

Stable & safe TREND strategy - 30% to 40% yearly profits

Let's go back to trading... Good time to buy FB stock right now till market close. FB gaps were mostly positive. image

The brutal truth of day trading

Another EA started good - buy the dips of FB stock. First 3 trades and all profitable. This is also safe approach - using averaging but limited with SL. Entries made 2 hours before market close - the bet is on the positive gap. image EA account ...

Wisdom, Motivation & Success

image It is done. From 2 EAs 10 profitable trades in a row. Now EAs will shut down real trading and wait for the next extreme time span - those 60 "silent hunters" for extremes.

Wisdom, Motivation & Success

Meanwhile... somewhere in some unknown account... the next profitable deal on FB stock has been made... now 3rd in a row... each deal for now with risk/reward 1:8. using SL. all according to "best practices" taught by brokers... and yes, that's ...

The brutal truth of day trading

Hi RickM. No offence... dont want to argue with you. Just noticed this: therefore I understand that you still use averaging down.. do as you wish till it makes good profits for you. I use averaging also but limit to levels or DD money - so I quit ...

The brutal truth of day trading

it seems to me only 25% correlation then.. 75% trades involved in averaging... 25% was correct entries without averaging to exit wrong entries.

The brutal truth of day trading

Good approach to analyze the environment where you are going to be and deal with. Tnx - this is realy good advice. tnx Peter. this relate to 10000 hour rule. Secret is that it is not just 10000 h trading but every next bunch of hours must be ...

The brutal truth of day trading

your TE is also impressive and inspirational! image tnx for sharing

The brutal truth of day trading

Recovery Factor — the value reflects the riskiness of the strategy, i.e. the amount of money risked by trader to make the profit it obtained. It is calculated as the ratio of gained profit to the maximum drawdown;

The brutal truth of day trading

relative (would say real) dd more important than absolue. 22% dd is good for me. Recovery factor 14 - great

The brutal truth of day trading

tnx Peter. Thinking of concept "1 pip move ir random 1000 pips move not random".. I would say the majority of moves below 30-50 pips are "random"... at least from our regular traders perspective. when having "random" process then to get out ...

The brutal truth of day trading

How to get to the "front line"? Make connections and get some friends from central banks? R. Kiyosaki talked about that in his books..."It is not important what you know but whom you know".

The brutal truth of day trading

By mistake manually shorted Tesla on MSFT by the dips account. Lesson here: set EAs accounts on mobile only with investor password (read only mode). The deal was profitable but now history is damaged - 1 ugly deal. Shit happens ...

Stable & safe TREND strategy - 30% to 40% yearly profits

you said have 50k... yes... with 100 usd not possible at all.. you then need an additional source of income. it is big mistake to trade all your capital. huge emotional pressure. and therefore huge possibilities to make bad decisions. you should ...

The brutal truth of day trading

OK... 8 profitable deals in a row... start worry... maybe too many deals from 2 EAs... image Here backtest for EA with magic 202031 (naming of magic TP/SL/Nr so this EA have TP 20 pips, SL 20 pips and it is Nr 31 EA on account): image In ...

Wisdom, Motivation & Success