Hi @RickM I didn't understood how do you measure the waves and frequency of price. Can you please show some chart examples?

has anyone EVER seen a successful trader/trading system?

Hi @Soultrader In this document you are saying that your win rate is very low. In some other post you said it's 80%. That's very high and nice to have. If so, than you don't need any recovery hedging because with a good money management you are done ...

Soul's Thread

Close to Wellingborough here

Soul's Thread

lol Do you really expect a reply from a thread with just 1 post since 2007?

GRANDPA of MM - Stake 100% EQUITY with 100% SAFETY

You were joking but in the and you got the closest possible right answer Well done for your thinking

Soul's Thread

What about if even this new position you just opened goes against you? In the end you will be sitting on just more drawdown. Isn't it?

Soul's Thread

Yes please because right now I'm dancing in the dark

Soul's Thread

If so unfortunately I don't have a clue about the right answer. Let's see if someone come up with a better answer

Soul's Thread

@soultrader Nobody else tried to answer this question of yours. My reply is few posts back. Is it close or far apart from being right?

Soul's Thread

That indicator looks like some sort of voluma based. Isn't it? We'll wait for your input on how to use it at best. Thanks

1M Price Action System

Where is it? I don't see on your chart. TMA doesn't work well with strong trends.

1M Price Action System

What they represent all these rectangles on your charts? Are they supply&demand flip zones or support or resistance or what? Is there any particular rule on how you draw it? Cheers

Price Action Scalping Chatroom

There will be always another opportunity. Just be ready to grab it. You are doing really well. Keep going.

Price Action Scalping Chatroom

I understand the point of trading big to make big bucks but let's flip the coin. What about if you lost - 317K for your client or - 17568 of your money? To stay still with such losses your account needs to be over several 100K. Isn't it? The ...

Soul's Thread

In my opinion the answer to your question is money management

Soul's Thread

I totally agree with your way of thinking. I tried several ideas but never succeeded in the finding the right balance. All my ideas resulted in being too dangerous after you objectively test them over 10 or 15 years worth of data. Probability you ...

Soul's Thread

Old fashion way seems always better

Soul's Thread

Understood more or less your approach. Thanks If you don't mind a generic question about trend because you mentioned several times that you trade with the trend. An ancient question: How do you define medium/long term trend? I guess you use some ...

Soul's Thread

[quote=stevepatt;13344144] Thanks obviously you have your personal approach that appear to be consistente over the years. Cheers

1M Price Action System

[quote=stevepatt;13344113] I see often a lot of lines on your charts. Are you drawing all manually or there are indicators involved. BTW, your charts are nicely detailed. I like also the platform you are using. Which one is it?

1M Price Action System