MightyOne wrote:If you can locate the cone then channels will draw themselves.
I developed these methods (15 degrees, "cone first", up/down, middle, bounce) so that EVERYONE
can be an expert overnight...
that we might finally focus on the important things like risk management, trading plans, and zeros.
Funny, I have been sincerely trying risk management concepts you taught here and started a thread (Space Traveller) to share my progress to assist myself disciplined with my project. However, my recent posts to my thread (mainly account statement after every week and tracking weeks/wps) have been disapproved and not appearing (Few weeks ago I posted a BBC link, could be due to that or may be spread sheets of important things are viewed as products/spam etc!)
Anyway, just wanted to say thanks to you MightyOne. I have not traded much last two weeks due to being very busy at work (was getting things ready for 3GSM Barcelona).. Took just a little scalps here and there with $MIN size.
I believe that I can achieve atleast silver (adding two zeros to £3200), God willing, definitely Gold (1M)
(I am doing it in a spread betting account type, so it will be a double bonanza -- saving 45% income tax!)
P.S: I don't mean to spam your thread with my sheets, this is just a one off post with my MM progress sheet to say thank you to you; following your MM concepts brought a structure to my trading and it flipped a switch in my mind psychologically.