wait till you start winning with them. then they'll slip you.
i took 50k from cap spreads a few years ago over about three months and they then started slipping me daily - spoke to them and they more or less said take your business elsewhere. i did.
hang on, it retraces after every bar so wheres thesignificance of the 3 red in a row.
again assumption without evidence - and then again the picture is incomplete on the last bar.
Utter rubbish - the chance of the retrace is always 50/50. next you'll ab be quoting tom de mark and his 13...
risk reward is everything.
also, with all due respect the number of trades you mention is small to make a comparison for future success. 200 trades is nothing in a strategy that makes as many trades per day as this does. even then the black swan isnt far away.
Systems like this never ever...
step 1 - come up with some simple stupid system like take 5 pips with a 20 stop, some silly candlestick rules and a bunch of cohorts to sing one's praises..
step 2 tell everyone you cant take every signal of course - that's just plain silly, dont forget to lure them to your 'donations' page...
excellent thanks, still trading but on longer horizons. Now full time in the radio business as sales director. I'm actually happier now rather than stuck in front of a screen all day - getting out, excercise, socialising etc. Real life rather than this artificial crap where bull**** is the...