I know how to read charts but I don't have perfect timing. I don't think anyone does, do they? I don't lose on my first trade all the time. In fact, I have a pretty high batting average on my first trade. I take small losses and reload with a bigger gun on my next trigger. The recent volatility has made my trading better, not worse.
If this system is employed with zero skill then it is destined to lose. I have a lot of experience. I'm damn good at reading charts but my timing isn't perfect, no one's is. The market cannot be timed perfectly by anyone.
Agreed, so why not double up when you're right, and still take your small losses? And let's forget about the multiple accounts, OK?
I think the key here is that ProfitFkgFool is trading the Ohangwena fut, a little known but highly volatile currency of a region in Namibia. Traded mainly by the Bhutu's, the fut's action can be accurately predicted by discerning the effect of shifting wind currents on burning elephant dung.
How about those who doubt backtest this method instead of childish remarks and silly humor. Anybody up to the task?
We've all been thru this before....without the "stats", all of this talk is just time-wasting. Avg $ Win per trade Avg $ Loss per trade Avg Pct Winning Trades # Trades per Month "...just the facts Ma'am....nothin but the facts"
I would, but I just don't know which account to backtest, the one that makes money, or the other two that lose money.
Still amazed that it took me 25years and several $100 thou to figure that shit out... But until you win more trades than you lose it takes some fancy footwork to get out with ur clothes...