Pip tracking - The goal of the ultimate trading strategy

JTrader

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Surely the goal of your ultimate trading strategy has to be to closely track the movements of the instrument you are trading, pin-pointing turns in market direction. Thus ensuring that you spend as much time in the market as possible, trading in the right direction - i.e. the direction price is moving in - while ensuring as high as possible a % of winners.

If one can construct reliable, workable conditions/rules that go some way towards ensuring that their trades consistently closely track the direction of price movement - they are surely on the right track.

:idea: - THIS IS INTENDED TO BE AN IDEAS AND DISCUSSION THREAD.....
 
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If one can construct reliable, workable conditions/rules that go some way towards ensuring that their trades consistently closely track the direction of price movement - they are surely on the right track.

:idea: - THIS IS INTENDED TO BE AN IDEAS AND DISCUSSION THREAD.....

Yes, I agree. Constructing rules that do the opposite would be completely useless. Unless you do exactly the opposite of what your rules tell you to do.
 
...Thus ensuring that you spend as much time in the market as possible.....

Surely this is not my own personal intention. I don't want to be in the market all the time, thank you very much. That concept is just too painful to contemplate! :cool:

Oh, and then there's the part about the fact that the more time you're in the market, the more likely you are to be exposed to a seriously adverse excursion.
 
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