This plan has been officially adopted. In order to refer to this particular offshoot of Numerical Price Prediction, I am giving it the name I used in the past when I was trying to develop a system capable of returning up to 30-pips worth of profit at a time as opposed to just 4 to 7—"Dynamic Probability Trading."
Thursday, August 22, 2019 / 9:15 p.m. PST I just entered a short position, but to say anything more would simply feel like giving out free signals. I'm not finding many other threads of interest to me at this time, so I guess I'll take a break from ET for a while unless I get back to Al Brooks or my spiritual topics, and perhaps I'll come back to this thread in a few months if I actually turn out to have amassed some amount of wealth by that time.
I might start calling the approach I'm now using Dynamic Price Range Trading instead of Dynamic Probability Trading. Either way, in using it, I only need one to three successful trades per day to reach my goal of 1.8% daily return on equity.
Just my opinion but I just want to make money. I don't care if I make or lose 1.8 percent per day. I want profits based on a monthly time period. I just closed a short position of sp500 for a loss because I saw a better trade potential in crude going long.