Dear XARD,promixer wrote: Sun Oct 16, 2022 5:33 am Nice PowerPoint. I went through it and saw your daily goal is 100% of the profit. Wow, great, but how do you achieve this? I assume with compounding how many trades? Maybe you start with risking on the first 2% and then compound till 100%? Maybe wth 3 or 4 trades per day?
Thank you for the answer in advance.
XARD: See enclosed chart and how little was actually traded on the day.
thanks a lot for your great contributions! They change the way of trade for many of us.
May you please tell me if I'm correct with comments on chart?
1. for me, at the time, that dot is a 2nd dot, because previous high perimeter dot (ZIGZAG) is not confirmed yet; so so for me is a buy; the consequent sell is perfect, because price didn't go beyond the previous high;
2. for me, at the time, that dot is another 2nd dot, because previous low perimeter dot (ZIGZAG) is not confirmed yet; so so for me is a sell; the consequent buy is perfect, because price didn't go beyond the previous low;
3. for me, this trade is not confirmed by a 2nd dot, but in 1 minute TF is correct;
4. for me, this trade is perfect because it is confirmed by a 2nd dot;
5. for me, this trade is not confirmed by a 2nd dot, but in 1 minute TF is correct;
6. I'd take this sell trade because because previous low perimeter dot (ZIGZAG) is not confirmed yet.
Thanks in advance.
Lucmat