Thanks Winston Reed, What do you mean by " take out stops . " What is the purpose of taking out stops?

Need some help with trading breakouts

Thank you Zakattack for the response, I agree with this as it is more logical and sort of like a reversal trade at break out level.

Need some help with trading breakouts

Thanks Winston Reed, I like your quoted response. A very bad habit I was doing on breakout is 1: Just buy the break out on next candle or 2. Set limit buy/sell limit order near breakout level just HOPE price continues in favor. But there is no hope ...

Need some help with trading breakouts

Thank you so much TeenyTrader for responding. I like your response and it make logical sense. You answered correctly, I just have to let my win-to-loss ratio and profitability stats answer the question for me. I agree with you, there is no right or ...

Need some help with trading breakouts

Thank you and looking forward to the documentary.

The Documentary: "Breaking Forex"

Thank you limprobable for replying to me. Would you recommend I perform manually back test of about 100 trades for different markets to determine if my strategy is profitable? Or at least try to program the strategy for more historical trades. Thanks ...

Measuring My Trading - the Levels with Breakouts and Retracements

Thank you for responding to my thread

Measuring My Trading - the Levels with Breakouts and Retracements

Hello Copernicus and thank you for invite to other thread. I will leave this thread now and go join the other thread for review and reading. I will ask questions there after doing some reading if needed. Thank you kindly.

Should System Developers Have Multiple Systems

Copernicus, Thank you so much for your effort and response and time and patience. Your comments really helped me. I am still studying your post in detail and comprehending the full extent of the post as it rare such thoughtful knowledge is exposed ...

Should System Developers Have Multiple Systems

Thank you so much Copernicus for detailed response, I will respond tomorrow after work. Thank you

Should System Developers Have Multiple Systems

Thank you Copernicus for responding to me. My initial plan was to develop a trading system (1) that would produce income forever. But as I read and study more, develop and back test more, I see, there is times when the edge produces money in back ...

Should System Developers Have Multiple Systems

Thank you emmanuel7788 for the response. I update my initial post with more comments on my view of how I see the markets and trade. I only develop systems for day trading. Does your comments still apply for different systems even if developer on ...

Should System Developers Have Multiple Systems

Thank you Iamfx for responding to me. I will read the link now.

Should System Developers Have Multiple Systems

Thank you yg10 for your response. Good questions and I will answer. Look forward to your response. You are correct, I was only looking at prices this year and was ignoring prices the past 7 years. No excuse for this. 7 years of data is good 7 years ...

Should I Build Bots for Bitcoin Market