- Search Crypto Craft
- 224 Results
- Barbossa replied Feb 21, 2017
You're jumping to conclusions here. The number of traders who consistently lose is irrelevant to what is possible.
- Barbossa replied Feb 20, 2017
It's hardly new. "Buy low sell high" is a basic slogan so many people keep repeating. I think what other people fail at is understanding what exactly it means. It's not a "system" and it's not rules. Which is what said people want, but that's ...
- Barbossa replied Jun 1, 2016
You keep nitpicking, staring into the technicalities and you fail to see the bigger picture. You should not just add to losing trades blindly, for obvious reasons. But you can do it and still win. Graeme once said he'd enter on the open of a candle ...
- Barbossa replied May 31, 2016
You explained why you think the way you do, but like I said, you seem to be missing the point. Especially the point of Dreamliner's thread. It's not about griding, martingaling or other popular money management tricks that don't work. It's about ...
- Barbossa replied May 31, 2016
You keep missing the point.
- Barbossa replied May 31, 2016
The underlying principle is "keep losses linear, make profits exponential". While this thread doesn't specifically call the losses "linear", it's the same thing. However, neither fully explains how to do so. If you're adding up blindly because a bar ...
- Barbossa replied May 31, 2016
Here's the thing - these differences do not matter. You can trade this way or that way and still get great results. Or not. Both "systems" rely on the same basic approach. It is not the technical details that make them or break them. It's something ...
- Barbossa replied May 31, 2016
Is it just me or does Dreamliner's thread really bear an uncanny resemblance to this one?
- Barbossa replied Dec 11, 2014
I've only recently started a forward demo test on 4 pairs. Currently holding 2 shorts on usdjpy, 1 short on gbpaud, 4 shorts on eurnzd. Slightly positive on both balance and equity. Plus pending shorts on gold, should it decide to drop down. ...
- Barbossa replied Dec 9, 2014
I'm currently looking to build a bundle of shorts on USDJPY. Might be a little premature, but I don't like buying up there.
- Barbossa replied Nov 28, 2014
That's only true if you want to enter on every opportunity possible. There's no need to do that.
- Barbossa replied Nov 28, 2014
If I was to make assumptions, I would guess that NOT moving SL to b/e would increase your profits over time. However, it would also increase your drawdowns. The purpose of moving the SL is not maximizing the profit but rather reducing the risk. The ...
- Barbossa replied Nov 27, 2014
If I may ask a few questions on my own: I gather you don't move your stop to break-even, is that correct? Do you treat all engulfs equally, i.e. would you trade an exceptionally long-bodied engulf candle normally despite the larger stop? Perhaps you ...
- Barbossa replied Apr 28, 2014
To be honest, it took me more than a 'little' while to digest some of the most obvious content here. I find this thread in a way similar to the market itself. Just like the market, it has so much information in it, it could become cumbersome. Just ...
- Barbossa replied Apr 11, 2014
Wrong. You'll have plenty of time and indications to take partial profits around the highs and lows of this movements. Depending on your trading style, you should be capturing at least a few thousand pips in closed profits per swing, mostly ...
- Barbossa replied Apr 4, 2014
It is very sad if G actually regrets starting this thread. Come to think of it, I always thought of him as some kind of teacher. The best kind actually, the one that genuinely wants to pass his knowledge to his audience and enjoys the occasional ...
- Barbossa replied Mar 13, 2014
Easy. On each tick either open a trade if there is no open trade or close the previously opened one. It only takes a few lines of code and it will lose 1x spread on average per trade. Good luck making profits from it though.
- Barbossa replied Mar 13, 2014
I'd say "it's that simple", but maybe that's just me. It doesn't have to be complicated by the way.
- Barbossa replied Mar 11, 2014
I agree completely. The benefit of "hedging", as I see it, is that I don't know beforehand how much will it drop. It might drop enough to stop out some of the lots, but I don't know if it actually will. And if it proves to be only a minor retrace, ...
- Barbossa replied Mar 10, 2014
Personally, I'm all for scaling into the market with a long trading times in mind. Actually I find it the most sensible trading approach there is, basically from the mathematical point of view you already explained. But to be honest, I don't have ...