Aliassmith Beats a "Dead Horse"

[aliassmith]

Random pic testing resizer probably from a few years ago

[aliassmith]

I was a MightyOne deciple of the Z-lines and had/have success with those teachings.

BUT, compare these 2 pics.

Hmm interesting
London/UK overlap

[JESGPY]

They complement each other very nicely MAs and Zlines. I look for them all the time..
The MAs give me a sense of direction and keeps you from going crazy.

Thanks for sharing!

I was a MightyOne deciple of the Z-lines and had/have success with those teachings.

BUTT, compare these 2 pics.

Hmm interesting
London/UK overlap

[aliassmith]

Gold move short zline tap and go

[aliassmith]

Winner winner EURUSDm15 dinner
5 pips SL

With 50:1 account could risk about 2%
With 100:1 account could risk about 4%

Not saying I would unless I have OPM to roll with

[aliassmith]

"Your Rich Uncle" A thought experiment

Your Rich Uncle James came to your family Christmas party where you also happened to be attending.
He came over to the punch bowl where you was standing and said " Hey Buddy Merry Christmas, how are ya doing?"

You tell him you are doing well and you have been busy with work, family, and building your investment business.

He said "That's good to hear buddy, I heard about your business. I understand you are a pretty good trader, but
you are under capitalized for your venture."

You told him he is correct and being under capitalized makes everything harder.

He said "Well buddy we should talk later. I have an idea that you might be interested in. How about you come to my office and we can discuss the idea?"

To be continued...

[aliassmith]

"Your Rich Uncle" A thought experiment

Your Rich Uncle James came to your family Christmas party where you also happened to be attending.
He came over to the punch bowl where you was standing and said " Hey Buddy Merry Christmas, how are ya doing?"

You tell him you are doing well and you have been busy with work, family, and building your investment business.

He said "That's good to hear buddy, I heard about your business. I understand you are a pretty good trader, but
you are under capitalized for your venture."

You told him he is correct and being under capitalized makes everything harder.

He said "Well buddy we should talk later. I have an idea that you might be interested in. How about you come to my office and we can discuss the idea?"

To be continued...

You meet with Rich Uncle James at his office.

He Said " How about we get straight to it? I have a good understanding of what you do but tell me your stats and I'll tell you my idea."

You tell him that you can make 600% in a year.

He said "Hold up buddy, that's not your stats! Here is the information I need"

***Win rate - percentage of wins/total trades
***Total trades - Number of trades per month
***RR - Reward Risk Ratio, how much you make on a trade/how much you could lose.

You tell him that you have that information and tell him.

My Win rate is - 65%
My Total trades per month is - 30
My RR is - 1.5

He said "Thanks, that's what I am look for. I'll give this to my stats guy. It will take a few minutes"

To be Continued

[JESGPY]

I think I know where this is going.

"Your Rich Uncle" A thought experiment

Your Rich Uncle James came to your family Christmas party where you also happened to be attending.
He came over to the punch bowl where you was standing and said " Hey Buddy Merry Christmas, how are ya doing?"

You tell him you are doing well and you have been busy with work, family, and building your investment business.

He said "That's good to hear buddy, I heard about your business. I understand you are a pretty good trader, but
you are under capitalized for your venture."

You told him he is correct and being under capitalized makes everything harder.

He said "Well buddy we should talk later. I have an idea that you might be interested in. How about you come to my office and we can discuss the idea?"

To be continued...

You meet with Rich Uncle James at his office.

He Said " How about we get straight to it? I have a good understanding of what you do but tell me your stats and I'll tell you my idea."

You tell him that you can make 600% in a year.

He said "Hold up buddy, that's not your stats! Here is the information I need"

***Win rate - percentage of wins/total trades
***Total trades - Number of trades per month
***RR - Reward Risk Ratio, how much you make on a trade/how much you could lose.

You tell him that you have that information and tell him.

My Win rate is - 65%
My Total trades per month is - 30
My RR is - 1.5

He said "Thanks, that's what I am look for. I'll give this to my stats guy. It will take a few minutes"

To be Continued

[aliassmith]

"Your Rich Uncle" A thought experiment

Your Rich Uncle James came to your family Christmas party where you also happened to be attending.
He came over to the punch bowl where you was standing and said " Hey Buddy Merry Christmas, how are ya doing?"

You tell him you are doing well and you have been busy with work, family, and building your investment business.

He said "That's good to hear buddy, I heard about your business. I understand you are a pretty good trader, but
you are under capitalized for your venture."

You told him he is correct and being under capitalized makes everything harder.

He said "Well buddy we should talk later. I have an idea that you might be interested in. How about you come to my office and we can discuss the idea?"

To be continued...

You meet with Rich Uncle James at his office.

He Said " How about we get straight to it? I have a good understanding of what you do but tell me your stats and I'll tell you my idea."

You tell him that you can make 600% in a year.

He said "Hold up buddy, that's not your stats! Here is the information I need"

***Win rate - percentage of wins/total trades
***Total trades - Number of trades per month
***RR - Reward Risk Ratio, how much you make on a trade/how much you could lose.

You tell him that you have that information and tell him.

My Win rate is - 65%
My Total trades per month is - 30
My RR is - 1.5

He said "Thanks, that's what I am look for. I'll give this to my stats guy. It will take a few minutes"

To be Continued

The stat guy comes back and talks with Rich Uncle James.

After a few minutes Rich Uncle James turns to speak with you.

He said "Nice buddy, this data looks good. We ran it through some simulations and because you have hundreds of trades in this data we got some solid results"

He continues "I'll share my idea with you. I am willing to fund your business, but I am a conservative business man and very particular about my money. Here is the plan. I will fund you with $10,000 so you can prove your business model. Since we are partners you will also put up $400 of your own money .
Here is your guide lines:
You start with the $10,000 - with every increase of 10% I will double your funds up to $1,200,000
Profits will be took out at the end of every month and we will split it 50/50
You will have a max of 5:1 leverage
You will have a max relative drawdown of 4%- this means 4% lower than your high water mark in your account.
You will also have a -1.5% max stop loss risk per trade.

He said "Now that you know the idea, I want you to go home and think about if you can do it, or if you want to. I told you I am particular about my money, but I think we can make some cash together."

You head home and think about what was present to you.

to be continued

[prochargedmopar]

Winner winner EURUSDm15 dinner
5 pips SL

With 50:1 account could risk about 2%
With 100:1 account could risk about 4%

Not saying I would unless I have OPM to roll with

Nice trade,
Get in early, Get in late.

Add, add, add you've already got SPACE.

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