It all depends. Take a system with 75%win 1:1 another with 50 % 2:1 and 40 3:1. Let's say you make 10 trades a month on each system. Which is the best? The 40 %system will be best performing coz it has the highest expectancy. But in reality the 75% ...

Risk Reward: 1:1, 1:2 or 1:3

HA HA HA... 92% drawdown.!. But anyway any system with about. 50% win rate 2:1 reward risk and makes 16+ trades a month between 4 instruments with very low correlation is practically the holy grail. These systems do exist.

Looking for highly accurate trading style!

I find the period between June and august to be the most volatile.

Is August the most difficult trading month?

i think he is is referring to the two tiered position sizing...saw something like that in van tharps book and it increased profitability exponentially with the same risk.....jeff yass the mathematician of the market wizard fame also said something ...

Optimized Risk vs Reward Equation

I'm usually working, doing the daily grind. I trade off a laptop, tablet and smartphone. I trade the 1h charts and monitor my positions every 15min. It's quite stressful and I've nearly fought twice in my workplace due to frustration in the markets. ...

What do you do in between waiting?

thanks for mentioning chande kroll stops....never heard of them though I have read two books of his...very interesting.

How can I get success entry order with perfect SL - TP

I find the topic of this thread hilarious ....

Virtually nobody is making money on Oanda accounts

when they reduce leverage to 1:5 and charge 30% tax on profits

At What Point Do You Give Up On Forex

eurusd has very low historical correlation with gpbnzd and gbpaud....man, but the spread and swaps are atrocious on these two...I don't think there are any other pairs that are not highly correlated. you have to think of trading softs like coffee, ...

Making a good diversified portfolio

I will be trading for a living soon when (not if) my account reaches a certain level ....I have a good system which limits losses to 1R and can withstand 5R loss due to price shocks. I think any system susceptible to occasional big losses is not ...

I finally quit my day job!

my money management allows me to have a 45% drawdown before ruin levels are reached ....I don't care about profits....but i make sure my losses are tendered to..you have to divorce yourself from the how much have I made today mentality .I only ...

About Money Management, risk/reward and daily goals/targets

best piece of advice.

I finally quit my day job!

Lol!! he had the smoothest of equity curves, never 'martingaled' and risked 3%. his win/loss ratio was 1.3:1. with 65% hit rate ...he faded spikes /countertrended. so I would like to think no.3 is out of question ....maybe no.2

Performance Based Rankings?

I put a lot of effort in school but could only manage below average results....I really got depressed coz it was like I received a death sentence. went to college and did an almost worthless diploma...looked for a job for two years ...finally got a ...

Academic achievers = Better traders?

enricofx was doing great over 1000%...then all of a sudden he disappeared? what happened?

Performance Based Rankings?

yep why can't metaquotes allow sl and tp in pips? they should learn from trade interceptor ....its easier to use even than desktop platforms.

Ipad, Android, or Windows Tablet for MT4?

as Richard Dennis said creativity is needed when designing systems, optimize every second,but once you are through believe your system to be beyond further improvement ....then follow it like a dumb person, creativity at this point will ruin you. ...

Academic achievers = Better traders?

currently cable and gpbnzd has low correlation and both are prone to trending. think of adding natural gas and soybeans cfds to the mix and you have a pretty well diversified portfolio.

Making a good diversified portfolio

these guys have introduced alot of cfds...but the spreads are a joke ....natural gas has a 150 pip spread!!!...why introduce an instrument that you don't want guys to trade? ???

XM