Value is a derivative of trend and volatility Once we know the bias and the variance, We can start making value bets, Aka … informed trades ? Buy Low / Sell High.
Interesting, but not surprising? What’s surprising is how few people seem to appreciate that widening stop-losses to increase win-rates very often reduces overall profits.
Let's see Took 1,700 :/ Well the initial risk was 250, And profit came fast .. Didn’t want it to disappear fast. That’s a 6:1 Reward to Risk. But still … The more I think the less I make.
Well done! I know what you mean, but that function is maybe one of those supply-side elasticity things like the Laffer curve, isn’t it: goes up, up to a point, and then down again? You can certainly over-think, counterproductively; but at the lower end, if you don’t think at all, then you also don’t make anything at all?
I mean the thinking has to be done outside of trading. Here I thought this and that seeing the PA in live, And usually I lose money when I interfere. Never heard about Laffer curve ^^ It's more about the ... Easy come, easy go.
Lost the combine last month, I am 50% away from passing the 150k. Until I have withdrawn 50k from TST I am losing. I think I lost 30k trading in total, So I am still down 30k. With the 50k from TST, I’ll be up 20k. Let’s see.
Kaufman doesn't go into trading the M1 and M5 which are the key daytrader timeframes. 95% of the books are a waste of time, better used for backtesting.