laksh wrote: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.
Well done! And I must concur that MightyOne is also the reason I am profitable so thank you MO!
PS that excel sheet of yours look amazing! (maybe one day you can teach me how to build one myself (I'd have to understand the WP math but here's hoping it wwill become clear in Ideas II)