I gauss; his trading egy produces 68% precision (signifies 68 wining trades around the 100).Originally Posted by ;
I gauss; his trading egy produces 68% precision (signifies 68 wining trades around the 100).Originally Posted by ;
Generally I try to control my risk ratio by means of my money managing plan, and most of the time I can. Nevertheless, when it's time to scalp I can not keep my risk ratio and fall a fantastic trouble generally because of increasing risk level, therefore now I thinking to quite scalping that always contains unfortunate risk.
Do not open multiple commerce's standing at a time! I had the exact same problem, and now I do not open over two transactions but not in precisely the exact same pair.Originally Posted by ;
Same condition that I have. A lot of times I did enormous losses when depositing because of lack of real risk handling plan.Originally Posted by ;
Then I suspect mepersonally, my spouse and some people whom I understand from that forum are some kind of aliens or something since they can pull 10 in a row; maybe not every time but not as hard/uncommon because you make it seem. .Originally Posted by ;
DISCLAIMER:
OH !! And until you get offended or something (stupid over sensitive world we live in now) im not attaking you or saying you are lying or something similar to that !!
Is merely that practice and theory sometimes they just dont match to each other; therefore the my stage
If you are not mad or offended and you understand my purpose. . then Bypass my disclaimer =)
As Churchill once said you can't take sides from arithmetic. Anybody with a basic knowledge of probability math can easily confirm the calculation I gave.Originally Posted by ;
People win the lottery from nearly impossible odds. But that doesn't create the probability calculations wrong. Indeed, there are outliers in each statistical distribution.
With trading there's potential to shorten the odds by utilizing a egy with superior entries/exits.
Math has no emotion. It doesn't get offended.
5% if fine should 100% confident about your analysis or in the event that you already understand what you doing particularly if Martingale Money Management isn't used.Originally Posted by ;
5% isn't fine for 99% of people.Originally Posted by ;
The problem with people here is that they ask questions that they've already formulated the reply to.
It's possible to tell people over and over that they should adjust expectations, but they have in the back of head that it's not 100% accurate, and that they will be OK. Frankly, is it plus they will not.
Does not help that there are so many keyboard warriors with no actual business expertise spouting crap half the time.
I guess you do not understand my response man. Allow me to repeat. 5 percent is fine only as long as you 100% confident about your analysis or already know exactly what you doing in this trading enterprise.Originally Posted by ;
You will find individuals using from 0.1 to 1% but they nevertheless blowing their accounts. What about this? Can you expect them to go lower than this or overlook this trading?
I am speaking about experienced individuals already in the market. Again 5 percent is good for them.
I have never seen an account that risked 1 percent and blew their account, and I've observed about 6,000 Foreign Exchange accounts; largely dismissed. Individuals who risk 1 percent invariably lose some trades and take off their stop loss, few months later they are gone. If someone did risk 1 percent and blew their account completely risking just 1 percent per transaction, they are doing something seriously wrong - I certainly wouldn't tell them to increase their risk if they are losing that seriously.Originally Posted by ;
That said a few people risk 5% , and maybe 0.001% of traders that are successful, so long as you are making money it doesn't matter.
There are some high level MM systems that are a egy in themselves that would be the exception, but everything needs to be calculated out to ensure the long-term survival of the account.