Don't worry, these things do happen. Most people here are learning also. Maybe, you can post screenshots of your 5 trades and people can help you analyze them. There are quite a few helpful guys in here.tomsabo wrote: Wed Oct 21, 2020 6:54 am Hello everyone!
This is my first post here and I must say I was following this thread since quite a few months ago and I have to admit that I have found the XARD system very interesting .
BUT! Let me add some comment to it with all respect for everyone and for the author as well:
I've been trading since a few years. I'm not a full time trade but I'm confident to say that I have a very good experience and decent results in trading. My main strategy is pure price action and support and resistance. I was always looking for a system with reliable indicators and of course I know there is no holy grail.
I was also aware that the XARD system is mostly a repainting system, so I had no high hopes for it. And unfortunately I was right... I wish I wouldn't but I was right. In the last few days I was trading with several pairs scaling down from the 1H to the 5M chart (where I was looking for trades) and almost all of them ended up in a stop loss. Why? Very simple because no matter how many second dots you are trading and taking trades from, they are just almost impossible to follow.
I tried to approach the system as if I were a total beginner, and I was following all the steps.
Yet I had to find that the whole system is totally unreliable. Period.
I'm very sorry but there is just no sense in it at all. Totally repainting signals. I have honestly gave my best shot at it, and not just ona demo, but on a real account too, just to feel the real deal, but.... no.... It's not working.
Despite my failure with this system I'm still very opened for suggestions and tips, because it seems like some of you have success with it.
Can anyone post some trading history with this?
I'm sorry for the negative review but I just don't get it why all the fuss with repainting zigzag system.... (fyi, only today I had 5 stop losses in a row and I was following every step)
Cheers!
You can also combine your price action-support-resistance system with Xard's strategy, using either for confirmation.