jrtrading wrote:Thanks to Mr. Hyde I doubled space
gbpusd-m30-tickmill-ltd.png
. Yay all my crazy charts may have helped someone.
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jrtrading wrote:Thanks to Mr. Hyde I doubled space
gbpusd-m30-tickmill-ltd.png
Mr. Hyde wrote: . Yay all my crazy charts may have helped someone.
jrtrading wrote:Attempting GBPUSD long again..
Edit: Exited, seem to not want to go up further..
gbpusd-m1-tickmill-ltd.png
jrtrading wrote:Let us say that I managed to reach a "0" at the end of the year by
accumulating 21.12% twelve times, but that I destroyed space many times in order to do so.
By doing the exact same trading actions (taking a profit here, a loss there), but using a wider space that was never destroyed fully, I think
this goal could have been reached earlier; it would be slower initially but faster eventually.
The reason is that the wider space compounds faster
than the account as a whole, if one thinks of space as a mini-account.
I used to think that I would definitely have blown that wider space too,
and lost more using this approach but thinking it through the trading actions would be the same
in both cases; it would simply be a matter of accounting.
Just some thoughts.
jrtrading wrote:Let us say that I managed to reach a "0" at the end of the year by
accumulating 21.12% twelve times, but that I destroyed space many times in order to do so.
By doing the exact same trading actions (taking a profit at this price, a loss at that price), but using a wider space that was never destroyed fully, I think
this goal could have been reached earlier; it would be slower initially but faster eventually.
The reason is that the wider space compounds faster
than the account as a whole, if one thinks of space as a mini-account.
I used to think that I would definitely have blown that wider space too,
and lost more using this approach but thinking it through the trading actions would be the same
in both cases; it would simply be a matter of accounting.
Just some thoughts.
Mr. Hyde wrote:Come on. Making a zero requires no effort. Just trade the buyzone. Or wait for the perfect set up of some chart pattern. Come on jr I know u got this. Or just trade rejections of the 50 area.
jrtrading wrote:Mr. Hyde wrote:Come on. Making a zero requires no effort. Just trade the buyzone. Or wait for the perfect set up of some chart pattern. Come on jr I know u got this. Or just trade rejections of the 50 area.
Thanks for the well wishes Mr. Hyde, appreciate it. I'm getting closer.