AHG - Profitable Strategy for Struggling Traders

Discussion in 'Journals' started by Anekdoten, Jul 19, 2007.

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  1. Dangit keep on screwing up attachments...

    Last exit is on the red candlestick I think. Don't know why it didnt show up.
     
    #2771     Oct 17, 2007
  2. Razor

    Razor

    Anek.....80k......what in the world, awesome man, congrats !

    Looks like from your odd P&L posts that you are pulling in over a million a year.....one day I will be there, good stuff man, nice to see you help others as well :D

    Cheers :D
     
    #2772     Oct 17, 2007
  3. Thanks Anek.

    Can someone post the multiday chart.

    Fucking ninja trader...
     
    #2773     Oct 17, 2007
  4. JSSPMK

    JSSPMK

    Anek, please please please explain this to us. I am a 3 lot piker that has money in bank, but due to previous negative experience I am not trading size, just 3 lots in FDAX, which does generate good gains, but seeing your PnL, well Jeez man, I want some of that :)

    I guess question is when, how & what made you decide to increase size. Please post everything related. I am guessing you haven't always traded size.

    Thank you, Thank you, Thank you!

    N.B. Normally I type TY for thank you :)

    P.S. I feel that I am ready from both experience & knowledge point to make a switch (my equity curve has grown since I started scaling out), but phychologically I am sort of afraid to increase size, fucking too concerned with losing again.
     
    #2774     Oct 17, 2007
  5. AAA30

    AAA30

    Tech

    You can not make a indicator plot on QT. Only choice would be to make a paintbar to show the color of range. Or email support and request the indicator to be added.

    AAA30
     
    #2775     Oct 17, 2007
  6. JSSPMK,

    It's all in the journal. Everything needed aside from discipline and screen time is right here on this journal.

    Small stops, letting the winners run, discipline, money management, screen time up the ass, etc.

    You start with baby steps. When you have solid evidence of consistency without a shadow of a doubt you gradually increase car size and you keep this cycle with full responsibility. No consistency no increase, in fact, decrease.

    Once your accuracy starts turning for the better you implement averaging up techniques and when you are blessed enough to catch the birth of a trend you break the bank.

    And last but definitely not least you never ever average down because it is not about being right but about making money, responsibly, calmly, patiently and with confidence.

    Shutting systems down to live a bit.

    Anek
     
    #2776     Oct 17, 2007
  7. Thanks AAA.
    I thought I'd get a solid answer.

    -Tech
     
    #2777     Oct 17, 2007
  8. AAA30

    AAA30

    Here is an example of what you could do in QT for a visual reference. Just picked random colors for the example.
     
    #2778     Oct 17, 2007
  9. AAA30

    AAA30

    These are the rules for the above.

    if (((Bar Close- Day Low)/(Day High - Day Low)) > 0.75) and (((Bar Close- Day Low)/(Day High - Day Low)) < 1) set color to $002400

    if (((Bar Close- Day Low)/(Day High - Day Low)) > 0.5) and (((Bar Close- Day Low)/(Day High - Day Low)) < 0.75) set color to $003737

    if (((Bar Close- Day Low)/(Day High - Day Low)) > 0.25) and (((Bar Close- Day Low)/(Day High - Day Low)) < 0.5) set color to $00254A

    if ((Bar Close- Day Low)/(Day High - Day Low)) < 0.25 set color to Black


    It will not show the values for targets, this would have to be done manually with fib lines on your charts, but it will give you a quick reference on where you are in relation to the days range.

    AAA30
     
    #2779     Oct 17, 2007
  10. Hey, that's great!

    Thanks.
    I'll throw it up and see if it sticks.

    Thank you kindly.

    -Tech
     
    #2780     Oct 17, 2007
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