This looks more like a haiku than a post

Building an equity millipede

Thank you for the kind words Vee, I was only trying to reply to the topic at hand, if the posts helped anyone, that would be good, but I doubt that they are anything more than "interesting reading" for others. Most the items you listed are ...

Building an equity millipede

Hi Vee, In my view, no system or method has an edge. It's the people that have an edge over others. There are traders making money out there with a very large variety of systems/methods...from scalping, to swing and position trading and there are ...

Building an equity millipede

Hi Eklavya, I replied to you privately, would rather keep the thread on the topic of millipede Kindest Regards, Cam

Building an equity millipede

Hi Edd, I am actually aggressive with my risk management: not only that I always use a hard SL, but most of the time loser entries don't get to SL because I end them before that. If I go long, if the candle I enter on retraces more than 50% of the ...

Building an equity millipede

Well, your choice, but I haven't met anyone consistently profitable that didn't keep full stats on their trading. Trading journal is a bit more than just writing down stuff, it's also about reflecting on your entries, exists, SL etc. The platforms I ...

Building an equity millipede

Hi, In trading there is no such thing as a missed trade, because you can always re-enter...and can always find a new, maybe even better trading setup. But to answer your question, I have a bunch of rules in place, generally speaking, if I entered on ...

Building an equity millipede

Hi Mjolnir, As far as I know there is no pdf posted in the thread containing all of Graeme's posts, but the information has been provided, you can make your own document if you are really interested. Kindest Regards, Cam

Building an equity millipede

Hi Pip, I am actually trading my approach, based on my understanding of the markets. I found out many things during this journey, some of the most important: there comes a moment when you have to turn off everything, stop reading books and forums ...

Building an equity millipede

Hi, When I mentioned "trading plan" I meant something along the lines of what Graeme is describing in his posts, example: "Lets write a plan before the start of the circled week candle." url I would call that more of a business plan. And that one ...

Building an equity millipede

Hi Edd, Do you have a written trading plan ? When you sit in front of the computer do you know in advance which setups you are going to trade and how you are going to manage positions when those show up ? Kindest Regards, Cam

Building an equity millipede

Hello Trendylines, Can you detail why you believe this exercise is not for you ? Kindest Regards, Cam

Building an equity millipede

Hi MK, If I read the rules for this exercise properly, there's no limit to how many trades you can take in a day, hence, you could have 30 losers and 3 winners. Kindest Regards, Cam

Building an equity millipede

Hi Vee, Whilst I don't want to detail too much how I am trading because it might be somewhat incompatible with the overall thread, I will say that besides FX, I increased my exposure to other non-correlated markets, such as futures and stocks (but ...

Building an equity millipede

Hi Vee, Uhm well, since most probably don't use this model, it means there's no practical experience with it, so it is a bit on you to gather the statistics and see if you are happy with it for long term, see if it affects your winners and losers ...

Building an equity millipede

Hi Vee, In my personal opinion: if you can afford to probe with one lot (based on the size of your account), then best to stick with that, otherwise you risk having a golden opportunity on your hands, and only having 1 or 2 minilots in play. Golden ...

Building an equity millipede

Sold

Building an equity millipede

Hi Vee, Actually I notice on the thread that most try to fit the hindsight and targets to their expectations (rather than choose a hindsight and wait for the market to play out). For example: if you are trading with the intention to ride the Monthly ...

Building an equity millipede

Alright Alex, as long as you are trading profitably. Truth is that each of us interpreted what Graeme presented in their own way, but it's up to each individual to make this work for them. Kindest Regards, Cam

Building an equity millipede

Hi Alex, What Graeme says is true, but you have to pick your moment for going against the hindsight. For example: if your Monthly hindsight is down, when do you try to enter buy ? When the first candle on the 5m chart says so ? Probably not a good ...

Building an equity millipede