S and p 500 added on. Oil seems to be finding support at the same level as before so may come back.

Trend following system results

Not too bad. So how much did you risk in total to achieve that?

Swing trading with heiken ashi and stochs

Letting things go comes with practise (although good money management helps too, if you're not risking too much you are less worried about the outcome). How many pips was it in total on Audjpy? (and how much swap did you pay?)

Swing trading with heiken ashi and stochs

No worries, at least when you're ready to join the professionals you know where to come

Trend following system results

Pending orders already placed

Quick and Dirty EOD

I'm guessing that's because my broker has a Sunday candle. Do plenty of back testing to find out the best parameters before you trade anything.

Trend following system results

I use an inital stop loss to keep the losses small if the breakout fails. Once the trend is established I exit per the normal rules with a slight twist.

Trend following system results

That's the exit for the short trade that was in place before I started trading the system. The system entered last night on a break of the upper 55 channel.

Trend following system results

Yes, it depends on the system. If you're not comfortable with a long spell of losing trades then you are better off changing the system to something with a higher strike rate. There's no point fighting the psychology, if the system fits you then you ...

Swing trading with heiken ashi and stochs

Talking of drawdown, everything is pulling back quite hard today, could be some small losses taken. Nzdusd looks the most likely to go. I'll let it do what it's going to do and reassess in the morning.

Quick and Dirty EOD

Good stuff! Once you realise the nature of the game we are playing (or business we are running) you are better equipped to sit through a spell of drawdown without changing system which provided the system has a positive expectancy is what will make ...

Quick and Dirty EOD

Euraud stopped out for a small loss, not much of a surprise there. Everything else blazing a trail still. Looks like s and p 500 may even add on again tonight if it doesn't pullback.

Trend following system results

Fair enough, I'll keep going then.

Trend following system results

Everything pulling back a little today. Big news for the euro this afternoon and, of course, nfp tomorrow so let's see what that produces.

Quick and Dirty EOD

Why are you even looking at the 5 min chart?!

Swing trading with heiken ashi and stochs

Yes, it depends on your system though. A 50% strike rate shouldn't produce much more than 16 or 17 losers in a row. Less than that and it could potentially more. This is why you need to keep your losses small as a % of your account and you need to ...

Swing trading with heiken ashi and stochs

Hmm, 25% up after just over a month. I could shut everything down now and still have a good year! The only thing that concerns me with this is that if it makes gains this well how does it do when it does draw down? Generally the higher the gain the ...

Trend following system results

It does come with experience. Look at Gizzledonk. After a huge trade on Audjpy do you think he will be tempted to fry his head with 5 or 15 min charts anytime soon?

Swing trading with heiken ashi and stochs

Yes, it's funny how your first 2000 pip trade changes your outlook on things!

Quick and Dirty EOD

Use this.

Quick and Dirty EOD