I could see right now that we aren't even on the same page.Originally Posted by ;
Great luck.
z/.
I could see right now that we aren't even on the same page.Originally Posted by ;
Great luck.
z/.
Agree, and yes I'd realise that I made a spelling error had logged out though and needed to put kids to bed. Know is understand. . I knowOriginally Posted by ;
Good fortune to you.
From my testing, entrance is important since it's an edge.
The cliche of departure becoming more significant than the entry depends on what type of platform you are trading.
If you're trading based on profiting from a certain market character by way of example the market nature of trending afterward by way of trading in a way by cutting losers and letting winners run, in spite of a random entry, you could be profitable (using a certain level of confidence by doing a monte carlo simulation of 10,000 runs) when that personality manifest itself because of the character of fat tails from that manner of trading.
However in the event that you're able to identify a non-random repetitive tendency, then the entrance becomes quite significant. You can prove that by dividing the long and short trades of your system by a given time period eg. Over 1 year
and pull out the exact same number of arbitrary entry trades for each long/short with equivalent durations to your own system. Do this for thousands of run. Then rank the total profits of your system for that year against the probability distribution of random trades for the identical year. Does it beat 70,80,90percent of the trades?
Do you think adding to a position each 20-30 pips is better? I think 10 pips is too little? Not certain
All these are the fundamentals for trading so each trader should follow it to achieve their goals of earning good profit. Money management is quite every trader it conserve our capital from huge losses.Originally Posted by ;
Sounds nice in theory... and not a truly terrible idea. If I am not mistaken, your equilibrium has been for quite some time though.