Compounded 5 trades:
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Rags to Riches 21 replies
Rags To Riches 203 replies
rags to more rags.. and even more rags! 19 replies
Rags to rags and ice cream 36 replies
Rags To Riches Take 2 24 replies
Disliked{quote} with 0.50 to lose 50 euros the price must go against 10 pips. obviously you have to follow a strategy, but 10 pips against 3.5 always seems like a good deal for this climb.Ignored
Disliked{quote} Was your simulation based on 10 pip SL? Can you tell, what timeframe you used?Ignored
Disliked{quote} the backtest I did is without a stop loss. 10 stop pips I tried on 15m time frame. I feel good with this timeframe, actually I'm using 5 pips renko. I have not tried this climb yetIgnored
Disliked{quote} In this case the backtest is far away from truth. RR 1:3 and 80% winrate makes you rich without any rag2richies roulette. SPIgnored
Disliked{quote} do you find it really hard to make 3 pips? ... it's an easy job to do. I will prove it from January.Ignored
Disliked{quote} You would find making those 3, or 5, or 10 pips easier with the renko or range bar charts.... You will find a very high percentage of continuation bars after a bar color change.Ignored
DislikedIts easy to see the lack of knowledge about this kind of money management; EVERYONE focus in the "strategy" targets, time frame and all that (wich its not hard at all if you know how to trade) BUT NO ONE understand the limitations after a certain point, eich its understandable (not many people are aware of this fact) there its LOT LIMITATION imposed by your broker !!! you just CAN NOT GROW AN ACCOUNT AND KEEP THE SAME LEVERAGE FOREVER !!! You can start small and grow it until certain point, after that the broker "upgrades" (wich its a limit in real...Ignored
Disliked{quote} do you find it really hard to make 3 pips? ... it's an easy job to do. I will prove it from January.Ignored
Disliked{quote} The floor is yours. Probability game will eat you alive. Tiny pips, collected with hard work, are wiped out with situations where market is not your friend. Sis.yphus made lot of work here: https://www.forexfactory.com/showthread.php?t=780088 SPIgnored
DislikedI wonder if anyone tried scalping with this Risk/Reward Ratio. I mean having 50pips per trade is actually really hard to get from scalping. Especially if markets are asleep during London/New York Session If anyone tried scalping and doing this type of thing. Let me know I might try it myself very soon.Ignored
Disliked{quote} The floor is yours. Probability game will eat you alive. Tiny pips, collected with hard work, are wiped out with situations where market is not your friend. Sis.yphus made lot of work here: https://www.forexfactory.com/showthread.php?t=780088 SPIgnored
Disliked{quote} This is not doable with scalping Just works with swing tradingIgnored
Disliked{quote} yes but it varies and I need the biggest thing of all - volatility, for my way to work.Ignored