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  1. J

    ES Journal - 2017/2018

    True and a likely outcome, yet best bang for the buck is going counter on extreme deviations.
  2. J

    ES Journal - 2017/2018

    Ok, this is my expectation, it's very likely that Naz is ready for another upside thrust, this is the weekly chart. I'd only buy dips now, better win rate this way IMO.
  3. J

    ES Journal - 2017/2018

    Breakout in NDX or retrace? I'm leaning towards breakout (daily).
  4. J

    Prudent Risk Management Is The Only True Edge In TRADING

    I will believe it when I see it, at the same time I don't deny possibility of someone's ability to do so profitably over a long sample range. Most likely it's going to be the case of being few and far between, like great magicians, great poker players, great rally racers. The vast majority will...
  5. J

    ES Journal - 2017/2018

    You give up easy, it's the boring times that often result in range expansion.
  6. J

    Prudent Risk Management Is The Only True Edge In TRADING

    I once knew a person that was dealing in imports of paintings (value ones, unknown artists) from EE block to the West. He had understanding of what MAY be a sellable painting (cute children vs nudes, etc), basically he did his market research. Over the long term that he had that business he must...
  7. J

    Prudent Risk Management Is The Only True Edge In TRADING

    I don't believe anyone stated that there is no place for research & experience, but it's the effective implementation of PRM that will transfer a trader that possesses those two skills from unprofitable into at least a breakeven trader. Without PRM those two skills are meaningless to the extent...
  8. J

    Prudent Risk Management Is The Only True Edge In TRADING

    Yes. They generally have more intel, tools, education, risk management, OPM.
  9. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    BOOM! SETTLED FOR RETURN PAID JUST UNDER x3.5
  10. J

    Prudent Risk Management Is The Only True Edge In TRADING

    IMO no retail trader has an actual edge over other market participants. All we really need to establish is whether an instrument is more likely to go up or down (overbought/oversold), is there a predominant uptrend or downtrend. You don't want to be trading against professional trading entities...
  11. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    Raised target a bit to make reward x3.5
  12. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    Over 26/1 PRM? Absolutely!
  13. J

    ES Journal - 2017/2018

    IMHO all markets across the board are in bull mode, best to buy dips and not sell potential tops of oscillations, again IMHO. Win loss ratio is improved considering a large sample data of trades whenever counter trend signals are ignored and only trading opportunities exploited in line with the...
  14. J

    Prudent Risk Management Is The Only True Edge In TRADING

    Your forecasts always right?
  15. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    No DOUBLE DOWNS! RESET STAKE AFTER 3RD WIN
  16. J

    ES Journal - 2017/2018

    Any reasoning?
  17. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    Number 1 rule of PRM - capital preservation. That's why this is a side income for me & not the main.
  18. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    Here's my mate's results for December running compounding challenges starting from £10/£25. He tips sports betting events, makes sense doing it? Yes 100%, as long as you know what to bet on and apply PRM. Last biggie lost yesterday, but what was lost? Just unrealised profit, initial stake was...
  19. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    Some confuse compounding with Martingale strategy, compounding is prudent money management, whereas Martingale strategy will consistently keep wiping account balances. Apples & oranges.
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