3:1 RR with 1 trade a day. Break even is 25% win rate (but only if your not compounding). So that means for every 3 trades stopped, 1 full win will allow you to continue to trade over time. So to be profitable an overall win rate of more than 25% on ...

B.S. Trading with Kenneth Lee

If i may help. State your goals here. Maybe once we understand what they are we can help you move towards them.

B.S. Trading with Kenneth Lee

Good stuff. I sometimes enter trades based on this system. Glad to see people are still using it.

Simple Simon Balance Line Trading

Weekly Review — This is a light mockup of my end of the week reviews. Just lines and zones. I didn't include any notes in this. I like to take the previous week and place zones on the chart to be aware of then scroll forward to this week and ...

B.S. Trading with Kenneth Lee

Yep, happens to us all. I used to use a 2:1 rr on all my trades but i was missing out on some of the bigger moves. It was quite comfortable to take my 4% and run. Just so happenes quite a bit of my trades go on to make larger gains without me. I ...

B.S. Trading with Kenneth Lee

image EDIT: 19.5 pips on average here but it was only 2.3% gain. I made a mistake on the unit sizing. Good thing it was a profitable mistake

B.S. Trading with Kenneth Lee

Post some charts

B.S. Trading with Kenneth Lee

Gotta see it to believe it..... or better yet, Gotta see it to be it.

B.S. Trading with Kenneth Lee

Believe it or not i visualized my wife and my current job into my life. I even visualized being able to look at a chart with just the ohlc bars and knowing where and when i'd be taking a highly profitable trade. I think for now i'll just settle for ...

B.S. Trading with Kenneth Lee

I, for one, appreciate the charts you post wether they are past trades or examples of trades. It's always good to see how you trade and choose your levels. For every one person that would be affected negatively in whatever way by seeing your trades ...

B.S. Trading with Kenneth Lee

You got it Kagawa. That red line (swap, resistance, strawberry railroad, whatever you wanna call it! ) was placed because you noticed price is continually respecting it. On the 4h there isn't a real base to trade off of in this situation. But ...

B.S. Trading with Kenneth Lee

Great trade Osman!

B.S. Trading with Kenneth Lee

In the picture you say you've chosen the lower zone over the upper zone because the upper zone looked like a reaction from a previous zone and i assume you feel the lower zone feels fresher than the upper zone. It looks to me like the bottom zone is ...

B.S. Trading with Kenneth Lee

image

B.S. Trading with Kenneth Lee

Good trade Shermenator

B.S. Trading with Kenneth Lee

Sorry for the delayed reply. Gave the cpu a rest this weekend. On the 4h chart i posted, circled places are the ares of interest. The lines are there to show places where price has turned in the past. The circles are to show recent places price ...

B.S. Trading with Kenneth Lee

Simple stuff — Been a bit busy this tax season so i haven't been able to contribute or trade as much as i'd like but here's my trades for the week. Set these trades around lunch time (12:30p est) on thursday. I knew i probably wouldn't be able ...

B.S. Trading with Kenneth Lee

Ken, The level you picked seemed to be a 2nd reaction from a previous level. What made you choose this one instead of that one?

B.S. Trading with Kenneth Lee

Probably uses the print screen button to capture the image and pastes it to ms paint like i do.

B.S. Trading with Kenneth Lee

image Even though i didn't get a fill on this i'm not disappointed. I'm actually quite elated that i found a great zone. I think it was Ken that posted a quote or a link to a quote about not concetrating on the return, but rather to concentrate on ...

B.S. Trading with Kenneth Lee