prochargedmopar wrote:The market has patterns because of the people and humanly programmed computers that trade them.
This is what I see.
I "win" 7 to 12+ interactions in a row gaining 6-12 macro pips.
I continue to use the same lot size.
I will possibly double size once but then take much fewer pips.
As the "wins" rack up I am more inclined to REDUCE my trade size.
I finally have what is going to be OR is just a flat out loss.
I start the adding to loser process and downward spiral.
@ this point I increase lot size by 5 to 20x and take only a fraction of the normal pips profit.
I will also use the same OR larger 10 macro pips of space for a SL.
Run the #'s or just look @ my acct.
This pattern does NOT work.
10ish "wins" of 1 lot size.
1 loss of 1 lot size.
5 to 20x lot size LOSS with 2x SL against bodies. (the first loss was a body if I look @ history)
So, It takes 50 to 200 "wins" to be back where I started..........
"wins" = what most would consider a winning trade BUT this is only suppose to be a single step toward accumulation.
OH that pattern. Ya I am aware of it. I bet MO $100, when you started the Macro Pips that you would
blow your account up. Pay up MO . PRO you are really good at not being able to follow a simple
and realistic trading plan.
You are good at the first phase of accumulation, but you are at a point in this trading adventure where
you NEED TO and MUST start following the plan with a do or die attitude