PowerX Strategy "PowerZ"

[kiwiarian]

If you only make one change, make it not going above 50% size at a single price:
- if price moves against you right away, you're out half the move.
- if support holds, and you enter the other half, you make double your initial risk.

The reason why we have a larger maximum, like 6, is that we are only out 1/3 of the move if wrong;
and we can easily start with 2 and add 2, for a 2/3 position sizing.

If you enter it all at one price then you are bound to get chopped. . .

"I make more money going all-in", he said.
anatomy_DayTrader.jpg

makes sense ,put your toe in first and see what happens.

[aliassmith]

Igazi,

I know you can write pine script. Is there a way to make a script that can turn off your trading at a specific daily drawdown?

[IgazI]

Igazi,

I know you can write pine script. Is there a way to make a script that can turn off your trading at a specific daily drawdown?

I've only learned the bare minimum required to write the most basic of indicators, like the "Alias Script":

I'd rather focus on general-purpose programming languages and pay someone else to write platform-specific code.

[aliassmith]

Igazi,

I know you can write pine script. Is there a way to make a script that can turn off your trading at a specific daily drawdown?

I've only learned the bare minimum required to write the most basic of indicators, like the "Alias Script":

I'd rather focus on general-purpose programming languages and pay someone else to write platform-specific code.

I thought you was a super coder. Thanks for the feedback.

[IgazI]

I thought you was a super coder. Thanks for the feedback.

Not in Pine Script

[IgazI]

This looks like an indestructible pile of sh-t; it's giving me Nokia vibes

For only $200, I might try it for a day before throwing it in the trash

[kiwiarian]

This looks like an indestructible pile of sh-t; it's giving me Nokia vibes

For only $200, I might try it for a day before throwing it in the trash

R1, place a trade on EURUSD when the currently hourly SnD is tapped into, no SL, all in.

[IgazI]

R1, place a trade on EURUSD when the currently hourly SnD is tapped into, no SL, all in.

They do say that you can train it,
we'll see.

[IgazI]

This is how I wish people would construct a candle chart. . .

- an open price
- some number of open prices in the middle
- a final open price serving as a "closing" price.


This is a 6 minute chart of gold, look how pretty it is

single_Data_Point.png (163.3 KiB) Viewed 8264 times

[IgazI]

It looks like we are heading for that $35000 BTC, 104.50+ DXY; a temporary pain in the a++ for everyone.

That's fine