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I remember you saying you were going to test this method for a certain time frame or number of trades, but I couldn't find the numbers... how much more on your test before you draw conclusions?
Should be 60 days of trades, actually I am at 40. The conclusions are pretty subjective, as any method it needs time ,dedication and convinction to master it. Generally speaking, for a novice is "do not use it", it is discretionary and needs a correct understanding and reading of the daily PA. For advanced traders, still there are more reasons to avoid it than to pursue it, needs a big start up capital, I would say at least 50'000 USD (you can find 10 reasons for not trading this method at quick summary). What I can say from a personal point of view, for all the methods I tested It is the most satisfaying, not because of the results but its simplicity: a few indicators based on volumes and S/R and pure chart reading (which is something difficult to learn). I would like to get it simpler with pure naked charts, it is my final target.
Redratsal, it seems that you are trading very well. You are very transparent on your trading and also have the time to share your trading method. I just wanted to commend you on your journal.
