Read on Twitter
- trend is friend
- fear is enemy
- only certainty is stoploss
- and most expensive is your own vision
- fear is enemy
- only certainty is stoploss
- and most expensive is your own vision
in a downtrend it is possible to make some profit with long trade, it is also possible to profitably trade reversal patterns, but it is IMPOSSIBLE to be consistently profitable with long trades
The strength of the trend determines the volume of finance in the trade (if you want to be consistently profitable, of course)
Statistics are an advantage (edge), not a short-term probability
Three trading points (99%):
- 65% own psyche ( discipline, no fear, repeated enters)
- 20% MM ( RRR, sizing)
- 14% setups ( classic TA, momentum, strength...)
- 1% everything else ( marginal)
- 65% own psyche ( discipline, no fear, repeated enters)
- 20% MM ( RRR, sizing)
- 14% setups ( classic TA, momentum, strength...)
- 1% everything else ( marginal)
4x Reaccumulation Schematic
- trend
- s/l
- strength (relative)
- win rate ~50%
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚠️" title="Warnsignal" aria-label="Emoji: Warnsignal">
- s/l
- strength (relative)
- win rate ~50%
Pareto
https://en.wikipedia.org/wiki/Pareto_principle">https://en.wikipedia.org/wiki/Pare...
https://en.wikipedia.org/wiki/Pareto_principle">https://en.wikipedia.org/wiki/Pare...
sizing determines:
reward / risk proportion
stoploss depth (%)
and strength (ticker, sector, market)
reward / risk proportion
stoploss depth (%)
and strength (ticker, sector, market)
