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I looked at it but it did not meet the setup requirements fully so I did nothing. Gabe

I go by setups that show up on the 5min. The charts are 1min charts because Ninja puts the trade lines only in that time frame. Actually my back-testing showed that my system works best in trending markets but there are some days like today that the setups are scarce. I never thought of the...

Between 10AM-1PM EST I I got only 1 valid setup (~80% valid). There was nothing for me to go by. I will continue with what I have until the end of the week and then reassess the situation. Gabe

No secret. From my back-testing I found that a stop of 11 ticks on a 5min chart,works for me. I don't look at volume. Today, I was taken out of trade #3 for 7 ticks. The MAE on that trade was 10 ticks so had I left the stop @ it's original 11 ticks, I would have been ok. I moved my stop up...

I got the message but saying "You Know" every few sentences drives me nuts. Gabe

So I did the following (suffering through countless "You Know"s. And this Still boring but I promised to do it so I did it. I get the idea. Had 4 trades today. 1 profitable and 3 not. All entries were by my rules. Moved my stop closer to my entry and was nailed to within 1 tick. (I...

I noticed that big losing days are preceded by some disturbing event in my personal life. It does not have to be a big event but it seems sufficient to start causing damage. The other observation I have is that I lose concentration if there are no setups for a long time (many tens of minutes...

All I want is to eliminate those crazy days. I don't think that having no losing days is realistic. 62% is good enough for me. Gabe

It was an off hand remark to the following If I remove the 4 days in which I totally lost control, my win rate would be just shy of 62%. This number, give or take 1%, has been my win rate for years. The large losing days were/are what prevented my equity to grow. I don't think that there...

Personally I find that a higher W/L is the way to go (60-70% is good enough) Gabe

Of course there will be differences but that does not mean the using an MA is causing me to enter into bad trades. I guess that was a rhetorical question. Let's say that I don't think that using an MA as part of my system is the reason I have failed so far. Gabe

I should have been clearer. The magnitude of the crisis was the Black Swan event not the crisis by itself. I have attached charts of how I do my back-testing. The 5min chart is the main chart and the 1min is used to find MAE and MFE. I don't understand. Gabe

Would you mind explaining how does it prevent me from taking proper entries? I have played with indicators a long time ago and realized that anyone trading solely by them is doomed to fail. The only good thing that came out of that period in my life that I was buying/building an ever faster...

If you agree that manual back-testing will give different results at different tests than I think that your logic is flawed unless I don't understand the above sentence. The whole idea behind using a computer to do the back-testing is to remove the human aspect from the test. The only SMALL...

The choice is clear and I am working on it. Gabe

Yes Dr. :) I promise I will. Good night. Gabe

The idea behind doing back-testing using a computer is to remove the subjectivity of us humans. I am willing to bet that a trader who is doing manual back-testing will have different results for the same data every time he/she will run a back-test. (Maybe not NoDoji because of her very detailed...

I noticed that on days that I have large losses it starts with me moving a stop slightly because I see a BETTER defendable price level. When that does not work I feel that since I broke the rule of not moving stops, everything else is game. If you need more clarification please ask. A plan...

What is the difference between a TRADING PLAN and a Method? I was always under the impression that a trading plan describes the method. That is a question that I haven't found the answer to yet. I said it before and so far this is my best explanation, that in trading and in trading alone, my...

We spoke years ago once or twice but I don't think it was during a trade and I don't remember the content of the conversation but I may be having a senior's moment. Nevertheless I appreciate all the effort you are putting into these answers. You are much more eloquent than me and you have a...