sounded like he woke up to his account being as is, or it jumped fast and he was like well might as well take the full loss its only 5 more g's lol

Video of someone losing $30k real money - You don't want this

well if 2% of your account is at risk per 2 pips a day... your statistically disadvantaged to deal with even the smallest amount of consecutive loses...

Central Banks & Big Players

not sure but I'm guessing you mean.. support and resistance

What Are The Key Levels To Look Out For?

are you joking? 1:200 leverage.. if your using it all... lets just put it this way risking 2% per trade with 15 consecutive loses is equivalent to losing 30% of your account risking 5% per trade with 15 consecutive loses is equivalent to losing 50% ...

Reasonable leverage

I think nubcake has an EA simulator, I have yet to mess with it tho..

How to back test a discretionary trading system

Nice find.. I found some enjoyment in his pain.. I'm so sick hehehehehehee I've reacted the same way before but atleast my stoploss got me out before I was over a percent LOL.. lost his "life savings" ROFL.. and as the last guy said.. "high ...

Video of someone losing $30k real money - You don't want this

70% of time would then be For 70%: S1 - 23.3% (70% / 3) S2 - 23.3% (70% / 3) S3 - 23.3% (70% / 3) S4 - 10% (30% / 3) S5 - 10% (30% / 3) S6 - 10% (30% / 3) i don't know the EV.. I'll look at that equation when I get a minute

Math Help: Probability

Something does not seem right... this could mean I am overlooking something actually I think I figured it out... I was probably wrong.. maybe this is the true... you wrote this.. For 50%: S1 - 12.5% (50% / 4) S2 - 12.5% (50% / 4) S3 - 12.5% (50% / ...

Math Help: Probability

ok cool, I will probably write an EA for this to backtest scenarios.. but yes the returns remain constant.. the only thing that changes would be how often one scenario happens over the other.. or better put.. the chance of the profiting (and break ...

Math Help: Probability

So now I just need to figure out odds of winning if price moves in favor 70% of the time ( this would increase probability of scenario 1,2,3, and 6 happening more often that 4&5

Math Help: Probability

Exactly on point about consecutive loses.. that's my greatest concern I will share the 6 outcomes in units.. consider it dollars, lots, whatever but if you could kindly share your math I'd appreciate it they all have the same probability of ...

Math Help: Probability

lol dark arts math ROFL yeah like I said theres 6 scenarios that all share the same probability of happening if theres a 50/50 case of price going up or down 100 pips it can go up or down and I still hold a similar chance of winning.. like I said I ...

Math Help: Probability

This is likely the exact issue were having... I don't know what binomial distribution is but I think I have an idea but my trade has 6 outcomes.. they all have an equal chance of happening but 4 win and 2 lose if there is a 50/50 that price could go ...

Math Help: Probability

for me if it moves in favor 50% of the time I win 66% of time and lose 33% so after 200 trades I would lose 67 trades and win 133 the way my position is structured shifts the risk in my favor as the day develops, I don't really want to share it ...

Math Help: Probability

lol, pretty well said (dont tell my GF) AHHH!!!

Math Help: Probability

the buy option.. tho I'd just wait if you want the highest probability honestly I think the USD almost found strength last week but the fundamentals went to shit again.. currently its like two weak and confused currencies fighting themselves.. good ...

Triangle Pattern Poll

I guess this could also be applied on any TF.. but the daily seems best.. I wouldn't want overtrading.. and likely if the market conditions are bad one day then it would most likely mean many loses on that given day.. so I just wait for the next one

Math Help: Probability

This is entered on the daily, once a day if no previous trade is overlapping

Math Help: Probability

Yeah 2.83 is the average between winning trades, I haven't found a way to increase it to a nice round number like 3 LOL kinda a screwball number I know...

Math Help: Probability