My experience is that stops usually hurt the overall performance but that they're necessary for me to have peace of mind. So I usually use stops...
Thank you for your contribution. I added the a/d ratio (great idea). This makes the strategy positive: 1/1/08 - 9/1/08 (bear market) 71%...
I've programmed this into Ninjatrader and tested it for 10/05 to 10/07 (bull market, long trades only) and I get: 52.08% ratio win/loss 1.27...
Try setting your chart to show 60 minute bars for 1 year of data. Then look for the S/R levels which turn price around. look for when price just...
Thanks for reporting back, I appreciate it. I had to scrap my strategy. It was basically buying the low and selling 4 ticks later. Well almost....
I'm curious how the OP ended up? I just realized, after reading this thread, that the strategy I'm working on has entries and exits on the same...
This isn't the first time I've heard this and I'm starting to think it could be better in Asia, notably Singapore.
Thank you for your contribution. I agree with what you wrote. I think the key would be to take advantage of my wife's status as a European...
I didn't realize he was using 1 min chart. that's interesting. I'll have to go back and try that. I haven't had any luck putting a stop 8...
I've never traded anything less than a 5min chart, so this is interesting. I'm curious why you didn't set a stop on a close under the support?...
He may be referring to Fx where you said you didn't use your normal setup. I've been putting a limit order and if I get filled then I manage...
In France it's 50%. ;)
Is IB ok? I hate to open another account because that would divide up my capital.
Since you trade ES & Forex, is it better to trade Forex for currencies or Futures? The main problem with futures for me is the liquidity.....
I don't live in Spain, but most European countries have a lot more tax than in the US. I'm not sure how that relates to capital gains taxes.
This makes perfect sense and seems to be completely legal. The compounding of the 35% could be very important over 10 years or more. But one day...
This US taxation policy is rediculous. I know Americans who have never lived in the US and who have never declared a US tax return. I have no...
I'm trading currency futures, not forex. I've heard too many bad things about forex, not sure if they're true but I understand futures so I stick...
Those are interesting ideas. I'm not sure if it's better to pay taxes in Spain or pay no taxes in Ireland. ;) Maybe establishing a main...
Let's say we enter long on support and now stay long and price approaches the next resistance level. And price is at the upper bollinger band....
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