read this: this give you the idea very well: http://www.thecrosshairstrader.com/2010/10/dennis-gartman-on-the-profitability-of-being-wrong/
Quote from 1a2b3cppp:
Constant range bars? They eliminate chop in theory (if price is sitting there going horizontally, they don't print, which is nice) but the downside is that sometimes you get multiple bars printing at once which has its own negatives and trading difficulties.
What are those dots above and below your bars all about.
Quote from RCG Trader:
1. Three of your pairs are not viable, eliminate them.
2. You need to have a dual strategy, one for mean reversion, and one for trending, develop it.
3. You risk management profile will make a net winner or loser, nothing else. Why do you not see threads about traders specific risk management profiles??
Because that is where the edge is
Quote from cvds16:
you take entries with small stops and let them get to even smaller stops soon afterwards or move your stop to breakeven. You try to let your winners run. A lot of them won't work (the majority) but that's not too bad cause these losers will be small. You put the odds in your favour by having a positive expected value as one winner might make up for five losers. My win rate might be below 50% but it's not below 20%![]()
Quote from 1a2b3cppp:
Tight stops with no wiggle room requires picking tops or bottoms and then hoping there aren't any pullbacks.
If anything, I was thinking of making my stops even wider.