Intrigued — Hello Sonic and Others, I read the first 17 pages of the thread and then jumped to the end and read about the last 15 pages. From what I gather, there weren't any changes to the system in the middle unread pages, but I just want to ...

Sonic R. System

SeerEye, Thanks so much for posting this. It is so typical in this business, but so many don't realize that the mental aspect of trading is probably more important than any System or MM plan. It seems that it should be soooo easy to stick to the ...

THV system, final edition

V3 Question — Does the new THV V3 represent only an improvement to the visual presentation of the indicators, or is there also a corresponding change to the rules to increase profitability?

THV system, final edition

MM is indeed a valid topic for everyone, but it is not the topic of this thread. We should probably end this discussion now before someone gets irritated with the off topic stuff.

THV system, final edition

No, definitely achievable. Most of the folks I have talked to who scalp using systems like this go for 20 to 50 pips per day, and just scale their positions as their confidence grows, not as their account grows.

THV system, final edition

The mental variables are indeed the problem. Imagine going from trading demo to immediately trading only 1 full lot. That's only a $200 risk per trade in your scenario. I guarantee that your trading would change, system or no system. And that is ...

THV system, final edition

Your math is indeed correct. But the practical aspects of trading make your assumptions perhaps invalid. First, with a 20 pip S/L and a 10 pip T/P target, that would give you a 2:1 risk reward ratio. That means you would have to "win" 3 out of 4 ...

THV system, final edition

V2.1 Entry — Question about the entry in 2.1 I watched the video and read all of the most recent posts, so I hope I didn't miss something obvious. Is the entry on the cross of the fast TRIX with the zero line or of the fast TRIX with the slow ...

THV system, final edition

My MT4 fib tool has the extensions. If your's doesn't, right click on the fib and you can define them in the "Fibo Levels" tab.

THV system, final edition

Kind of quiet tonight. Anyone making any pips? I've only taken one trade and ended up -7 pips. I should have taken profit at +20 pips, but got greedy.

THV system, final edition

Awesome! Congrats Freddy! That's truly inspiring. BTW - I sent you a PM. Looking forward to hearing from you. Doc

THV system, final edition

Scrutch, Hope you don't mind me asking, but do you trade for a living? If so, for how long? And what is your daily pip target? Doc

THV system, final edition

Yes, great trend. Lack of discipline got me shaken out for only 25 pips on the first move (should have been closer to 75). Got another 48 pips on the second wave. Made my pips for the day, so off to bed for me! Good luck everyone! Doc

THV system, final edition

Just do the math on that number . . . Let's assume you only take 3 trades per day, 2 winners, 1 loser; Let's further assume that you are risking 3% per trade with a 1:1 risk:reward; That means you would be earning 3% per day, 15% per week, 60% per ...

THV system, final edition

Never say "only" - if there is one thing that I have learned from the people who have traded for a living for a while (i.e. >10 yrs), it's that you're much better off taking a small win than letting it turn into a loser. So any amount on the + side ...

THV system, final edition

1/20/09 - London session and early NY session 1/21/09 - Only NY Session 1/22/09 - London Session and early NY session And I am trading the 5 min chart using 1 min for entries. I know that the low pips on the wins makes it appear that I was scalping ...

THV system, final edition

Some Results — First and foremost, another note of thanks to Cobra and all of the other folks who helped develop the system. I think I've finally found something that will work for me. Secondly, I wanted to comment on the fact that we are ...

THV system, final edition

Trading Hours — Just interested to hear from the active traders as to when you typically stop trading for the day? I usually quit about 17:00 GMT figuring it's getting late in the NY session, but I missed a nice setup at 17:50 on AUDUSD. ...

THV system, final edition

Thanks! Gotta keep on chuggin. I figure if I can make it out alive on a day like today, maybe the good days will treat me well

THV system, final edition

Me too! I took valid setups, but boy did I make some bad calls on the exits. Ended up even for the day (+1 for the day), but I'm pretty happy with that given the temperament of the market today!

THV system, final edition