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is there a possibility to communicate when you close manually the position ? For those who try to follow your trades it`s hard to comprehend when and why to close earlier than the hard stop of 30 points.
The performance of your system will differ a lot from those people who will always ride till the hard stop.
A possibility would be to make a NEW reply on your thread, as there would be a notification send to all subscribers.
When you close your positions you sit anyway on the computer....
Thanks for your input - very appreciated. The mentioned "manual close" is very seldom here in fact.
Your proposal for a new post is welcomed - yes, I sit at the computer right then - and it does not this thread
cluttered anyway as these moments are counted on one hand
So I will do it next time!
Good trades
GFIs1
PS - to mention that this thread here is a journal and does not imply any proposal(s) for trades. So no guarantee
for winners - but probable.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
This week started with a Stop Loss - totally
against the system trades..
Looked back to the 2 last years - 2 weeks before Easter:
Both years 2 weeks before Easter were red - last year 3 red trades.
Decided to not take a trade again this week!
After Easter things look to be normalizing
To show it in the chart here: the timing was contrary to the system normally!
I am following your system/journal.It appears to me your system is profitable over the year as you rely on several BIG winning days eg 120+ points to cancel out the many small ( upto 30 points) that you loose eg. If you have just say 20 big winning trades per year at 100 each- that works out 2000 points, then obviously you have to subtract your small losers.
It was good that early part of this year you managed to capture a few 100 plus days hence the system is still +, but if the last month no 100+ trades have been hit this massively eroding the profitablity of the sytem.
I dont think you can judge that just for 2 years that there was no positive trades the weeks before easter.As the future cannot be predictive on the past for just 1 week for a 2 year sample space.
