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wiseambitions wrote:I've been thinking of you today Moty as you proved you can have more rent trades than wins yet grow your account
It would be interesting if you had any observations for the whole of June now that the month has closed, in view of your previous result.
What kind of observations you looking for?
(I'm not strong in observations, just trying to trade by the rules)
Merely would be interested to know your % of winning trades versus your % returns
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
There you go then, 6 in 10 trades you let burn yet still you make in a month what a stock market fund might grow in a year
Proves it works and that you can believe in the setup having an edge
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
This morning (with the help of Sam) I noticed the famous pattern on the E/U, and entered below the H1 low. And a little later I found P5 on M1, and entered the second time.
Weekly:
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Only 8 trades this week, but 5W(63%) and 3L (37%).
Total weekly win= 3.38%.
Happy weekend guys.
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What a fantastic week for you. and you've hit 60% hit rate which is very nice. I wish you many many many more weeks like this. All the best... Lets get them famous setups going... cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
What a fantastic week for you. and you've hit 60% hit rate which is very nice. I wish you many many many more weeks like this. All the best... Lets get them famous setups going... cheers
Thank you Immy ( and Sam), yep...nice week,with nice win rate. And now only keep the continuation