The Skill and Will was always there but I was missing certain factors to increase my win rate, to save my equity, to act accordingly, understanding the present state of market correctly, considering which technicals are suits my trading style and which are not and most importantly closing my day in a profit even it is very small and exiting the market for the day.
I was fine tuning my method here.
Finally, my method produced a combination of systems which I call Rekon Xs and Market Scanner Combo! The Xs are the missing factors which I have included in the Rekon Xs template file and Market Scanner is a software I developed to help me extract out all the bad instruments for trading and only give me a safe list to trade for the hour.
This system has all potential to go far - furthest! The win rate for me is > 90% at the moment, however, it will ofcource vary person to person, so there is a way to how to measure your winrate for the day and how to take care of your win rate and grow it, I will explain more about it later.
Instruments: This is a 24 * 5 market for us, the intraday traders, so we need to be very careful about selecting the right instrument to trade at the right time, for example there is no point of trading Appel Stocks in Asian session, it can only be best traded in the US session.
Risk Table: It is already introduced in my journal, I will explain more about it later.
Maintaining Win Rate: It is already introduced in my journal, I will explain more about it later.
Excluding the Non-Performers: It is already introduced in my journal, I will explain more about it later.
Picking up the best Instruments: We will do that using Market Scanner Application.
Discussing the most popular 24 technical studies: Market Scanner considers 24 most popular technical studies to prepare the safe list for trading, will discuss more on this later.
Trade Videos: Will post the best tradable patterns for binary and spot in the videos series.
System: Rekon Xs template is available for demo on request via PM, Market Scanner is not free, all queries about Market scanner needs to be done via Private Message.
And lots more, please stay tuned.
Best Regards,
Rekon
I was fine tuning my method here.
Finally, my method produced a combination of systems which I call Rekon Xs and Market Scanner Combo! The Xs are the missing factors which I have included in the Rekon Xs template file and Market Scanner is a software I developed to help me extract out all the bad instruments for trading and only give me a safe list to trade for the hour.
This system has all potential to go far - furthest! The win rate for me is > 90% at the moment, however, it will ofcource vary person to person, so there is a way to how to measure your winrate for the day and how to take care of your win rate and grow it, I will explain more about it later.
Instruments: This is a 24 * 5 market for us, the intraday traders, so we need to be very careful about selecting the right instrument to trade at the right time, for example there is no point of trading Appel Stocks in Asian session, it can only be best traded in the US session.
Risk Table: It is already introduced in my journal, I will explain more about it later.
Maintaining Win Rate: It is already introduced in my journal, I will explain more about it later.
Excluding the Non-Performers: It is already introduced in my journal, I will explain more about it later.
Picking up the best Instruments: We will do that using Market Scanner Application.
Attached Image
Discussing the most popular 24 technical studies: Market Scanner considers 24 most popular technical studies to prepare the safe list for trading, will discuss more on this later.
Trade Videos: Will post the best tradable patterns for binary and spot in the videos series.
System: Rekon Xs template is available for demo on request via PM, Market Scanner is not free, all queries about Market scanner needs to be done via Private Message.
And lots more, please stay tuned.
Best Regards,
Rekon