A fresh start! Doji's Trading Journal

[bettlebox]

Eur/Usd This morning

[arkan1976]

Hello Doji and all.
Is correct this to see the BIAS or i´m wrong ....?

[Karma]

I think bias should be derived from a much higher time frame

[Jalarupa]

Okay so I've been working on some money management and have decided that locking in gains back to 2% every 4 successes in excess of 40 pips.

Here's some projections

[Jalarupa]

Seen another way you can wait till you accumulate the necessary 100 pips target return for each level and let the math do the rest...

[PebbleTrader]

Nice Jalarupa

[Jalarupa]

Thanks PT, I'm sure its very elementary compared to what you are doing in Excel.

I'm very much still a novice

[Karma]

I understood that you should only keep compounding your space until the plan you are executing (or move you are trading) is finished.

Once it's over you should go back to your initial x% risk and start again with a new plan and a new move to trade

Other people like to compound days, weeks, months. depending on the timeframe you trade or quantity of trades over any given period of time

But I really think trading just one move at a time with expanding risk is sensible

[Jalarupa]

But I really think trading just one move at a time with expanding risk is sensible

Yes, you just have to pick your battles wisely

[dojirock]

Down again?