800 trade:
Short @ 1.63555, exit @ 1.63612
Total pips = -6
Kenyuki's BuyZone Trading Blog
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For a valid statistical set at least 100 trades are required.
It is too early to jump to any conclusions yet.
And learning curve, you know.
As I've already posted somewhere before, for BZ strategy
(taking into account 1:1 risc/reward, small TP, commissions, etc)
at least 61% of win/loss is required to be breakeven on account size.
But this seems to be rather difficult (if possible at all) -
I know this sure from my own experience.
It is too early to jump to any conclusions yet.
And learning curve, you know.
As I've already posted somewhere before, for BZ strategy
(taking into account 1:1 risc/reward, small TP, commissions, etc)
at least 61% of win/loss is required to be breakeven on account size.
But this seems to be rather difficult (if possible at all) -
I know this sure from my own experience.
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Thank you for your support.
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Re: Interview Avery Horton
Kenyuki wrote:This stuff is 2 years old, but just found it on the net:
Avery Horton Talks About the BuyZone - mp3
I always imagined TRO would have a deeper voice
Re: Interview Avery Horton
Brookmyre wrote:Kenyuki wrote:I always imagined TRO would have a deeper voice
I love the American accent
After listening to TRO's interview, (one of the things he said was):
If the price stalls, you get out of the trade [...] There's no reason to take a chance.
and looking at the charts above. This led me to thinking:
What if I exit profitable trades when the price is stalling, and on the same time let my profits run, i.e. not limit the profit target to 6 pips only?
I will review the past charts tonight to see how often they shoot off after reaching the BZ.
Geesh, now that I finally got comfortable with the Stop Limit + TTO order entries on MBT Navi I might need to re-think again
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