From backtesting it is obvious that a second trade in the week is unproductive. Some people are saying that because of the smaller SL, we can now take the 2nd trade. I fail to see the logic that only because the SL is not at the other side of the ...

4H Box Breakout

is that the same as attention deficit disorder?

4H Box Breakout

Yen, I knew you would get it eventually. Get back to work! You said you would do some work for a couple of days for a change lol; any results?

4H Box Breakout

james996, thank you for your reply regarding my questions. another one now you`re still here. Peter Crown mentioned that he only buys on a up day and reverse for sells, but he said sometimes he knew beforehand that that day was going to be up or ...

The DIBS Method... No Free Lunch continues

you can at least read post 1 loudmouth

4H Box Breakout

Ace has a new system that is 3x as profitable as the one outlined in this thread. Let`s just say that I wont give up until I find a similar system that is at least as good as Aces` new system and I will put all my energy into this goal. Has anybody ...

4H Box Breakout

brotyboy, I do anything to please and I`m pretty sure Yen is not far behind, although as you know he IS slower

4H Box Breakout

no, I`m right where you are. am thinking of aiming for 80-90% of 10-WATR, but have to backtest. will also have a look at locking in first 100 or ? pips, as long as it doesn`t affect long-term performance. come on guys, somebody out there must have ...

4H Box Breakout

James, I know you`re a busy man, so thank you for being here. A question if you dont mind: How do you overcome years of losses and flat periods when there is no money coming in? Do you have other systems you trade that are profitable in those ...

The DIBS Method... No Free Lunch continues

slow and steady yen, thats the word on the street. better to have a bite out of something possible than go for something impossible........

4H Box Breakout

yep yen, box size has no correlation to stop loss nor take profit level. nor not taking a 200 pip box. that should have been obvious to anybody who puts a little bit of effort in this system, but sadly I dont think there are many who do. ATR yen, ...

4H Box Breakout

Yen, according to my back test no correlation existed, but I still valued your opinion because you might not believe this, but I`m human and I do make mistakes........ for the moment I`m using a 70 pip initial SL and I believe that is the most ...

4H Box Breakout

Yen, I wouldn`t want to be stopped out for a lousy 10-30 pips extra. Think about it: how many times can you afford an extra 10-30 pips if one week you take away 500 pips because of your slightly larger SL? I would make damn sure that almost all ...

4H Box Breakout

From your extensive research Pharoah, does this mean on average 40% wins, 40% BE and 20% losses?

4H Box Breakout

Yen, I was actually asking if in your backtesting you found a correlation between box size and stop loss, seeing that for the moment you use a percentage of the box size?

4H Box Breakout

Scanner, From backtesting Aces` system I know that his system does NOT need a large stop loss. It has nothing to do what I desire, but everything what the market is telling me. I`m always willing to learn, so perhaps you can tell me where you get ...

4H Box Breakout

alright, alright, must admit I haven`t looked at your SL scenario at all, just that I saw some percentages thrown around from memory........ So my question is then aimed just for Yen, `cos he uses a percentage of the box as the stop loss. for Yen ...

4H Box Breakout

Pharoah, I`m not referring here to the original rules of having a stop loss of 100% of the box size. I am referring to your alternative SL of 15-30% of the box size and yen`s 30-40% of the box size as the stop loss be it in ranging or trending ...

4H Box Breakout

IMO if you take a percentage of the box as your SL, you and others like Pharoah are implying that large boxes need a higher SL than the smaller ones. Did you guys come to this conclusion after backtesting for a considerable period? if so, could you ...

4H Box Breakout

Pharoah you`re right that newbies would find it difficult to adjust to market changes. so for them I would say to stay out of this market and demo trade to gain experience and trade again after a couple of wins with a small position. also newbies ...

4H Box Breakout