100% hit rate

Quote from SomeYoungGuy:

I demo trade and leave all positions open until they show profit. I look great on paper. Want to subscribe to my newsletter? It's $250k per year, but you will be the only subscriber!
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Ho!I`ll think about it!
 
Quote from HATEtheRisk:

Hey SNAKY,

if you mean for the last 8 trades, i can say yes, 100% hit rate.
yes, yes, yes. Before that i lost a little bit.

So now i am in on trade number 9, lets see how far it will go this time. i always keep statistics about my runs without a loss between.

the best run was 39 trades without a loss.

But not all 39 where 100% profit of the 100% risk i ve took on these trades. but about 80% i made minimum 100%, some more and some less.

i think its good. loosing is part of the game, i dont care, only the number counts.

see you in the forum, old troll.:)

best regards
hatedarisk
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loosing is part of the game is for the dickheads,remember that!
 
Every system is 100% until it makes a loss. :D

But in my experience systems with high hitrate tend to make less money than systems with high risk/reward.

So I vote for bottom line and hitrate is not that important.
 
Quote from SnakeEYE:

loosing is part of the game is for the dickheads,remember that!
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sorry snaky,
you cant change that its a law of trading. of every trading business.

peoples are not gods and can make mistakes once in a while.

accept it or you will never make constant money.

important is only, that you accept this for your self and the decisions you do. when you have made a mistake, go out immeditaley, you maybe made a little loss or little profit, who cares.

Also, a full loss of the maximum risk for the worst case scenario you have took on the trade, is ok, it can happen, we are just humans.
you will make it back step by step with then next 2-3 trades.

Since i have accepted that loosing is part of the game, i began to be constant successfull. That was my turnpoint.

Just believe me this on time. OK.

Greetings:)
 
Quote from SnakeEYE:

I will ONLY ever make a trade when the market has endedup in a position where its an extremely amazingly good opportunity for a trade to be made.

What timeframe do you base you trades on?
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It depends on quite a few factors such as what market it is, what the fundamentals are, and how big the movement over the past few minutes/hours/days has been...

But the true answer is that i use ALL time-frames, the 30mins-daily to see when the market has overdone itself in 1directions move,
and then the 1min chart to get the perfect entry.

Although my favourite is the 5min chart but zoomed out to show the last 2-3weeks, so i can then see where the real strong support and resistance levels are.
 
Quote from spanish89:

It depends on quite a few factors such as what market it is, what the fundamentals are, and how big the movement over the past few minutes/hours/days has been...

But the true answer is that i use ALL time-frames, the 30mins-daily to see when the market has overdone itself in 1directions move,
and then the 1min chart to get the perfect entry.

Although my favourite is the 5min chart but zoomed out to show the last 2-3weeks, so i can then see where the real strong support and resistance levels are.
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that`s cool!the lowest tf i consider to use is 10 min.now i just start testing it for a couple of days yet..
 
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