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Psychology and Money Management

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Millionaire in 10 weeks & Conversation with broker

  #136 (permalink)

Posts: 128 since Jan 2013

olobay View Post
How would you have entered there? According to your own words, you do not have rules to define entry or exit other than risk 5 ticks to make 50 ticks.

You posted Tim's backtest results but that was Tim using HIS system, not yours. He was using your money management method which is fine and fair, but he had a system. All you have is an indicator. No system. It's very easy to look at the left side of a chart and say I would have entered here and exited here with my 50 ticks.

I don't trade the micro TF but does it have enough liquidity to handle 18 contracts? Again, a .3 renko chart is very fast.

I'm done talking to you. Have a nice day.