interesting thread. Would it be easier with $1000 instead then $100....but thats not the point I suppose.
interesting thread. Would it be easier with $1000 instead then $100....but thats not the point I suppose.
Yeah, no problem. As that is my first article, I didn't realise how big it would actually be. All fixed now.
WOW Money gt; Pip, you have a really big touch
Mind shrinking it down a few lines ?
You remind me of a dude who offered everything and borrowed every thing he could and bet 100K pounds in Las Vegas on black. Just that he had more chances than you
This is what potential. Look at my article yestarday, I was braging about making 120 percent in 24 hours once. Well here is documanted instance for last 24 hours. I created 20 percent of my account in 24 hours. With scalping in about 20 trades or so it's.
Obiviously, it isn't everyday you can get like that but when it posible once or twise you then can do your best to make it often sufficient.
Good luck to everybody.
Both DRR and DPS techniques are usually applied when trader has already entered the trade and wishes to maximise overall profitability of the machine, at precisely the same time improving general numbers like Winning%, R:R ratio, Average drawdown.
This kind of techniques are also feasible to program, hovever that requires a lot of job (at least for me personally, because I really don't know MQL or other programming language) as many more factors, IF's THEN's and ELSE's are included. So I feel confident saying such type of trade management involves optional traders.
DRR (Dynamic Bonus Ratio) is strictly dependant on time and price. A good example of this would be moving STOP LOSS to the candle's or bar's low everytime it closes when trader goes.
DPS (Dynamic Position Sizing) is strictly dependant on time, therefore it involves cutting or adding down the position (but not closing it entirely) as certain price levels are attained.
I hope this helps, and hopefully some other time I'll post more information on this
OK then, let us wait and see. If this individual makes it100k who knows, maybe people will be interested in buying his signs?
I'm not really knowledgeable aboutcliqforexso perhaps I'm barking up the wrong tree.
Z
you're correct but I find it difficult to keep a w70% percentage. I guess its because im a beginner. Im still learning though
Also, can you describe Dynamic Reward Ratios and Dynamic Postion Sizing .
No W-M, I am not a moderator here
And, sadly, I cannot really answer you it was transferred to Forex Beginner QA ...
Hi Xenjin, and thank you for the interesting post.
What you have said is true, but it requires more numbers to determine profitability and expectancy of the trading platform.
There can be a R 1:1, but if TS has a% of 78% or greater, it will make money, not to mention Dynamic Reward Ratios, Dynamic Position Sizing and Trade control methods which can have an excellent impact upon particular TS.
I am a discretionary trader, and honestly, there were only a few times in which my R:R ratio was just 1:1.
Let us wait for more trades from W-M, then we should see the average numbers