aliassmith wrote:Maybe that was a coincidence?
I forget how MO put it.
Something like entries to exits back to entries
Entries(breakouts) to exits(stops) back to entries(breakout points)
Breakouts and breakins
I don't remember his lingo exactly.
The ideas are fractal and can be seen on long and short term charts and the short term is something es/pip and myself was trying to exploit in the early years.
Did anyone catch that on the M30 chart?
About 10 pips risked on up to about 60 pips gained, all from a zline!
Price had some speed so staying in could payoff until you hit that blue line.
What if you used a "pipcushion" and it was worth 6% to 12%?
I have seen/done some things that I thought were not possible. I made a single trade that more than doubled my account in a single day so that throws my stats off. Before that my biggest trade was a 40% gain over 2 days. I have had weeks over 75% and months over 100%. I've had 3 month stretch over 2000%. While I have done it and it is possible its not sustainable at least for me. The real success comes from a combination of "base hits, doubles, triples, and home runs" with base hits being a foundation for the rest.