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- papabless replied Jan 5, 2018
One last question. What is modest size base account?
- papabless replied Jan 5, 2018
Ok, thank you for the explanation and your time. Have a nice rest of the day/night . . . wherever you are.
- papabless replied Jan 5, 2018
Oh, I see... I understand now, thanks. One more thing, in my latest post, is that math correct in theory, can you really scale it like that? If we forget about the withdrawing, drawbacks, stress and whatnot.
- papabless replied Jan 5, 2018
Oh yeah, I thought it's off big time. Here's the math: $10,000 * 0.3 = $3,000 new account balance: $13,000 $13,000 * 0.3 = $3,900 new account balance: $16,900 $16,900 * 0.3 = $5,070 new account balance: $21,970 $21,970 * 0.3 = $6,591 new account ...
- papabless replied Jan 5, 2018
Don't try to tell me that there's nobody who started side account with $10,000 and then just traded that emotionlessly with 30% a month. I just don't believe that there isn't anybody like that. The problem is that the somebody would make $68.6 ...
- papabless replied Jan 5, 2018
So what you're saying is that as long as you're trading small account, 30% a month is realistic. But once you cross a certain figure (different for everybody) you're scared of losing and so you make say 10% a month and you stop trading for that ...
- papabless replied Jan 5, 2018
10% yearly? I see all over the internet that over 30% monthly is not possible and that people should aim somewhere around 10-15% a month to be realistic.
- papabless replied Jan 5, 2018
Here's the math: I was rounding most of the numbers, but always in a way that would result in a worst possible outcome. You posted 2 days worth of data. Your total amount of £ won is 1,400 and lost is £500. You had 15 losing trades so £500/15=£33.33 ...
- papabless replied Jan 5, 2018
I think that we either misunderstood each other (I quoted your post #11 on the very first page) or you just wanted to reply to somebody else.
- papabless replied Jan 5, 2018
Hi, How much is that in 'monthly account growth' [%]? I asked myself that question and my math revealed that in two years time you'd be 262 times richer than Bill Gates so...yeah... What is your monthly average account growth [%]? (this question ...
- papabless replied Jan 1, 2018
Hello everybody, I've got a question regarding zones with gaps. image Thanks
- papabless replied Dec 28, 2017
My unprofessional understanding of confirmation is that when you are not confident enough or cannot take a trade on a particular timeframe, you go to a lower timeframe and look for confirmation. Which yes, could mean to wait for a break of a ...
- papabless replied Dec 28, 2017
I don't know what that means? Could weekly trader (W-D-4H) enter on her intermediate timeframe (D)? I'm not talking about that particular example by T4i . . . I'm just wondering (like andynm on the previous page) if ...
- papabless replied Dec 27, 2017
image image image
- papabless replied Dec 27, 2017
Hi, image This is what I see on the daily, not enough 'trading space' between your current supply and the demand I see. Isn't there some kind of a rule for that? Like, 'at least 1:1 profit margin between supply and demand on the curve' or ...
- papabless replied Dec 27, 2017
Hi, No momentum line break or opposing zone removal so no, that was not a zone.
- papabless replied Dec 26, 2017
Hello everybody, I've got 3 questions regarding correlations. Example, just so we are on the same page: I'm shorting EURUSD, DXY is at demand = more odds on my side Question # 1 Say I'm trading AUDUSD, can I use DXY? I mean, does the other than USD ...
- papabless replied Dec 26, 2017
Hello everybody, I've got 3 questions regarding correlations. Example, just so we are on the same page: I'm shorting EURUSD, DXY is at demand = more odds on my side Question # 1 Say I'm trading AUDUSD, can I use DXY? I mean, does the other than USD ...
- papabless replied Dec 25, 2017
Yes, that is monthly DXY
- papabless replied Dec 22, 2017
Hello everybody, I'm interested to see how you guys see/treat this zone on GBPUSD, 1M? This is my view of the zone: image