Oh, so you´re allowed to ask questions here but i am not? By the way i didn´t ask Billy on stops, read the lines...

Billytt Die happy trading e/j daily breakout

Good information. Thanks for sharing, as soon as I exactly understand how to make my own stats here I will do the same For the ones you found out failed/lost what stop strategy is this based on, having trades hedge ...

Billytt Die happy trading e/j daily breakout

@Billy, the following sentences, do they play any role for you before placing an order for your entry setup and what the actual setup bar looks e.g. body of the setup candle (small,big) or wicks / no wicks? Or is it really just relied on the pure ...

Billytt Die happy trading e/j daily breakout

Hi. I have to read a bit more about breakouts in general. Before I came to this topic here, from what i have learned, trading a „breakout“ always focused around the break of a certain range. But more like going over a couple of price bars at least ...

Billytt Die happy trading e/j daily breakout

No, I am registered here since 2009. I actually heard of the word trading for the first time 2006 and got interested but never had the time. Then 2008 I went live for the first time after some research and testing out some stupid signal service and ...

Billytt Die happy trading e/j daily breakout

Thank you, yes you are right. I will also look at AU 4-8 soon, right now I think it’s even more important to me to gain consistency by doing one thing at a time. I wonder, it seems to be all about timing here where setups concentrate on a single ...

Billytt Die happy trading e/j daily breakout

:-) Danke für deine nette Antwort. Ich habe die Hoffnung auch noch nicht aufgegeben. Zumindest scheine ich hier schon einmal im richtigen Thread angekommen zu sein. Mal sehen was und wie ich wo zusammen binden kann. Diese Breakout Strategie scheint ...

Billytt Die happy trading e/j daily breakout

Thanks for your kind help. Well trading more markets than one for the beginning you would say makes it less complicate? :-) 1 Trade per 1 Day is my current plan. If I aim for 1% per day on 5 Pips a stop loss no matter if locked in at -15 with a ...

Billytt Die happy trading e/j daily breakout

Yes, so I am here to find out what works then by counting in my goals and risk too. As this seems to be the topic where real traders make real money I would be happy to find some real calculations how targets could be achieved for what risk over how ...

Billytt Die happy trading e/j daily breakout

Ok so what stop loss did you use for your trades to make + 5 Pips to get there or not used any stop loss and crossed fingers instead?... If I am trying to make +1% on a single trade this would equal +5 Pips. There are about 20 days in 30 month, so ...

Billytt Die happy trading e/j daily breakout

You might be able to help me. Have a look at the last 34 days i posted where i did my stats. I just marked winners, losers, passed ones. Forget about the passed ones and look only at Billy Bar 08:00 GBP/USD for the last good month. Target +5 (so 7 ...

Billytt Die happy trading e/j daily breakout

Yeah... OR losing even more by compounding if these further trades gets lost too, who knows. I have no crystal ball. Stats: Well, i just did that for the last good month for GBP/USD trying to apply the basics rules given here to me for the 08:00-15 ...

Billytt Die happy trading e/j daily breakout

GBP/USD SELL +6,1 Side Notice: According to the "The Three Ducks" i should have passed it. image

Billytt Die happy trading e/j daily breakout

You are my hero.

Trading Made Simple

I didn't ask for any kind of proof and the offer for a beer was meant without any further intent. If you are ticking off because of my words, i am sorry to hear that., you might try spending some weeks away from the forum, then it won't happen. I ...

Billytt Die happy trading e/j daily breakout

@Lem. Yes i see, applying the 60 SMA and using this as a filter to skip on trades which are in contradiction with H1 and H4 here sounds sweet BUT. I had a look at it. From what i see so far, by applying (only long trades if price above SMA H1/H4 & ...

Billytt Die happy trading e/j daily breakout

Regarding backtesting. Is there is way to see if price action would have FIRST triggered a potential stop loss BEFORE reaching my potential take profit? So in retrospect? I try to comprehend if last 20 days trades would have produced profitable ...

Billytt Die happy trading e/j daily breakout

Thanks for your honest words.

Billytt Die happy trading e/j daily breakout

I would have done better by only placing the pending buy order too. Learned something today, trying to do better tomorrow.

Billytt Die happy trading e/j daily breakout

I know there is no reasons why such person should not do all kind of investments at the same time. I also have multiple income streams. But i am trying to understand how/if somebody actually would do this (trading only spot fx) would realistically ...

Billytt Die happy trading e/j daily breakout