I know exactly what your saying. I've also addressed this earlier in this post url and then posted an excel where the losses that reduce principle are equal across MM styles. If you're talking about the fact that risk goes higher as you win more, ...

Capital Weightlifting Championship

It's probably because excel cannot open 2 excel files with the same name and i didn't change the name :/ I was going to but forgot

Capital Weightlifting Championship

Check this excel i posted earlier. Compares the 2 MM styles with static risk reward and no compounding. I updated it to have more lines. If you're comparing 2 trading entry systems then i'd agree with you. 2 styles of money management can be ...

Capital Weightlifting Championship

I always use a variations of this formula: =IF(randbetween(1,100)/100=<F11,"Win","Loss") You can substitute "win" and "loss" for whatever and i like to point to a cell for win % rather than adjusting the formulas.

Capital Weightlifting Championship

So far looks good, i think all of the things i pointed out earlier have been adjusted. Assuming there are no other errors in calculation, it definitely shows that 3t mm will out perform standard mm over time (obviously if anyone can prove contrary ...

Capital Weightlifting Championship

Hey Matt Question about some stuff in the excel. P/L and Net Win columns. Consider that as you trade, your account sometimes doubles. If you lost the trade with $20 in the trading account (0 wins), shouldn't your loss be $10 (5% of level) @ 2:1 ...

Capital Weightlifting Championship

The excel that PipMeUp has posted is indeed a reverse martingale system and is different from what Matts Micro has posted. The main difference is that when there is a loss, reverse martingale will have you start back at the original risk while Matts ...

Capital Weightlifting Championship

Great thread (for me at least). Because i don't work on wall street, don't have trader friends (that i would listen to anyhow), and my daily routine doesn't bring me into contact with other money managers, i use videos from this thread as well as ...

A Little Something To Motivate You

Nice pics. What kinda of camera and lenses are you using?

Another Day, Another Chair, Another Day in the Office

Well then! A solution you could go for is to start putting some money into some mutual funds and some money into a trading account. Just try to beat your mutual funds account. For example. 100 into the trading account and 100 into the mutual funds ...

Why Can't I Trade?!

I imagine as you are typing this you have a straight face. I don't know how you can type that with a straight face. If you go to pound traders thread with the videos, it shows some retail traders making money. If one person can do it then anyone can ...

Why Can't I Trade?!

Have you established why you trade? Money buys things so what things would you buy? Why is it important that you pay for those things? Do you want money for your own gain, the people around you, or a mix? Specifically detail, who, what, when, where, ...

Why Can't I Trade?!

As traders, we can't forget that money is our measuring stick but its not the objective. It's what we do with the money that motivates us. It's all about getting better and being a better trader. I read this thread, decided hey, why not try this ...

Want to know how to get rich?

Yaed spoke on this already but i wanna add and reinforce a thing or two. I understand the example of stop placement is just an example so with that i wanna say small 10 pip stops in the spot fx market is a recipe for disaster if you're not trading 5 ...

Want to know how to get rich?

I see what your saying here. I agree when it comes to the hindsight analysis. Especially when it comes to fibs, oscillators, and moving averages, but don't knock this guy yet. He has been posting some entries before they happen and they have been ...

Want to know how to get rich?

Even if Yaed runs his account into the ground that doesn't mean breakout trading doesn't work. I remember seeing 2 threads specifically where the person(s) involved successfully demo'd trades many real time trades and made money consistently, they ...

Want to know how to get rich?

From what it looks like its just the most obvious last high and low. There's a little bit of discretion involved. Here's my take on it. Please understand that i'm not Yaed and i don't see exactly what he sees so my comments don't represent his ideas ...

Want to know how to get rich?

I like your outlook Yaed. I like your trading too but your responses have been pretty responsible. Oh yeah, and btw good trade image

Want to know how to get rich?

March Trades Sort of a set and forget it. Probably the only way I can keep a public journal. image image image image image Nothing much to explain here. Net Gain for March.

My Jewel Box

Here's the 4h view for Jan through May image Simply selling from the 1.0000 - 1.0050 area worked while buying from the bottom was less consistent.

My Jewel Box