Grail Trading Formula

[fordewind]

Don`t be shy to post yours.

Gracias!

 

[rb7]

Why don't you start first?

 

[ashantt]

Here it is:

Have a well tested edge that you totally trust.
It is a probability based business - simply a numbers game.
Take a small position - have a fixed stop. If if goes for you take how much ever the market gives you.
Don't ever be emotionally involved - because it is only a small loss.

There that is it - that is the holy grail.

 

[fordewind]

Why don't you start first?

Varies but in C# it`s like this:

wvf[0] = (((MAX(Close, 22)[1] - Low[0]) / MIN(Close, 22)[1] * 100));

 

[Simples]

Varies but in C# it`s like this:

wvf[0] = (((MAX(Close, 22)[1] - Low[0]) / MIN(Close, 22)[1] * 100));

Trade with the trend, right?

 

[fordewind]

Trade with the trend, right?

uh-huh

 

[fordewind]

That was the "fear" formula.For a complete set we need a gread formula!

 

[SimpleMeLike]

Here it is:

Have a well tested edge that you totally trust.
It is a probability based business - simply a numbers game.

Thanks for comment.

Can you please explain more what you mean by "It is a probability based business - simply a numbers game."

How does probability relate to trading?

 

[qlai]

Enter at a point where initial momentum will carry you to a break even or better.

https://images.app.goo.gl/LPA5efHSBcWkYVts9

 

[volpri]

Thanks for comment.

Can you please explain more what you mean by "It is a probability based business - simply a numbers game."

How does probability relate to trading?

Would you say price will probably go down more before it goes up?