You say that, but if you have 5 straight losses trading your 1.4 mil account, you will be down over 1mil.

The next step after reaching broker lot size limit

You can't go broke betting 26.2% of your account on every trade no matter how many losing trades you have (in theory) but you get my point

The next step after reaching broker lot size limit

The probability of a system with a 65% win rate having a losing streak of 4 trades in a row is 51%! Based on 50 trades taken! Just saying.

The next step after reaching broker lot size limit

Appreciate the chart and the explanation. We're there any other trading opportunity's on that chart and if so why did you not take them please?(not trying to catch you out).

Higher Edge within a Single Candlestick

Your confused, congratulations, so am i, that's what the "blagger"needs. As for taking signals, you either have a system with defined entry and exit signals (mechanical) or you don't! Most people take the mechanical system and just start missing out ...

Higher Edge within a Single Candlestick

"A system that takes every signal of buy and sell is a failed system". This statement is the get out of jail free card for the "blagger". He shows his system but tells you that you don't take every signal."What signals do I take?" you ask." The ...

Higher Edge within a Single Candlestick

Anybody tell me what happened to pipEASY and if he ended up writing his book? Sorry been away for a few years just catching up.

Building an equity millipede

Here's one for you. Just say your broker rings you up one day giving you some advice on how to trade your 2k account. He would probably tell you to day trade using 1 minute charts and full lots to maximize your profits right? Is there any ...

Higher Edge within a Single Candlestick

Now you know what questions coming next! Is CrucialPoint a "Professional" trader

Higher Edge within a Single Candlestick

Could a "professional" please help me out here, because I haven't got a clue what is going on with this thread!

Higher Edge within a Single Candlestick

Why are people so shy about revealing everything about their profitable trading stategies? 1: They are lying about it, so giving up all the rules would mean people could test the validity of the system for themselves. Or 2: They don't want to give ...

Higher Edge within a Single Candlestick

Good to see nothing changes on FF after all these years

Higher Edge within a Single Candlestick

Market is ever changing,drawdown is ever changing,profit and loss is ever changing.If you can survive the mental torture of years of trading the markets,then change becomes part of the game.

Market is ever changing?

Well done dim!Today is another day right?That trade is perfect!

The System II (Yes with irony)

Same trade as yesterday @ 1.2965.

The System II (Yes with irony)

Nice try dim.Thats all I do these days,try and get a nice trade at the high or low of the day.I notice your stop was not above the high,is forty pips to rich for you?lol.Thumbs Up

The System II (Yes with irony)

Losing streaks are like most things in trading,they are all relative.Take the OPs example of his trading system,he knows from his sample tests that the likelyhood of a 21 trade losing streak is possible.In my view the chances of trading through this ...

How do you cope with losing streaks?

The only thing I am advocating is that when price is flat(rangebound/no trend)I would be looking to take a position in anticipation of a breakout of support or resistance.Now if we are looking at a breakout to the upside and then a trending bull ...

Here is what you should know: The Consensus!

The question is what is the most profitable?Breakout,Pullback or Reversal?

The DIBS Method... No Free Lunch continues

Why do we have to complicate everything? When price is ranging you better make sure your a bull at the breakout of resistance and a bear at the breakdown of support! Then add to your position at higher highs or lower lows or retraces of both.

Here is what you should know: The Consensus!