I'm trading the oldest version of DTB for 1 week now. this week i took 196 trades! & ended up with +11% gain. (using my custom stoploss/trailing script). Can't attach my mt4 statement as Kreslick forum doesn't have image upload option.
just want to know what happened to the 2% club.
Plus, do you think its possible to consistently make 2% every day? For 260 trading days of a year?
Would there be any psychological or strategic breakdown, after some time?
what possibly could get in the way?
I'm asking these because i just got started & you all have walked the roads all ready.
Thanks everyone for your opinion(s).
daily 2% club : consistently make 2% every day?
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Re: daily 2% club : consistently make 2% every day?
tm9 wrote:I'm trading the oldest version of DTB for 1 week now. this week i took 196 trades! & ended up with +11% gain. (using my custom stoploss/trailing script). Can't attach my mt4 statement as Kreslick forum doesn't have image upload option.
just want to know what happened to the 2% club.
Plus, do you think its possible to consistently make 2% every day? For 260 trading days of a year?
Would there be any psychological or strategic breakdown, after some time?
what possibly could get in the way?
I'm asking these because i just got started & you all have walked the roads all ready.
Thanks everyone for your opinion(s).
1% per day is over 1000% per year (If that answers your question).
If your risk is 2% then 11% is +5.5 trades; that is how I would look at it.
The quesiton is then how many trades were +/- 2% and I would record that as a 'trade': +5% = 2.5 'wins'.
Anything less is just considered to be a non-decision.
Re: daily 2% club : consistently make 2% every day?
yes, i took 196 trades, there were winners & losers, but the net result after 196 trades is +11% (paying 0.7-1 pip spreads/trade).
I played as both red & green rat, but didn't end up as a Yale-student. That's surprising to me.
I played as both red & green rat, but didn't end up as a Yale-student. That's surprising to me.
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Re: daily 2% club : consistently make 2% every day?
tm9 wrote:yes, i took 196 trades, there were winners & losers, but the net result after 196 trades is +11% (paying 0.7-1 pip spreads/trade).
I played as both red & green rat, but didn't end up as a Yale-student. That's surprising to me.
Great job! I could not trade196 in a week, I don't think I do that in a month.
maybe 150 for the month and I feel like I am over trading
the rat zone for life
Re: daily 2% club : consistently make 2% every day?
lol, i'm savage & i know it :p
not an expert on statistics, but i think we can trade both green & red rats same time. And my theory worked.
no matter which rat you are , you will win 60% of (total) trades. i don't know why TRO suggests against this.
not an expert on statistics, but i think we can trade both green & red rats same time. And my theory worked.
no matter which rat you are , you will win 60% of (total) trades. i don't know why TRO suggests against this.
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Re: daily 2% club : consistently make 2% every day?
tm9 wrote:lol, i'm savage & i know it :p
not an expert on statistics, but i think we can trade both green & red rats same time. And my theory worked.
no matter which rat you are , you will win 60% of (total) trades. i don't know why TRO suggests against this.
A rat only trades in one direction: it is humans that believe that they can arrive at a better outcome through superior intellect.
If you only go short then you don't have to wonder which way the market is going to go, which way you'll trade first, or if you are going to be tossed about by ranging price action; plus there is no shortage of bear moves as price spends most of its time in a trading range.
It's a lovely idea, but I have been a human for too long.
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