Normal
This reply is related to Country Lads Post #245HERE--https://www.aussiestockforums.com/forums/showthread.php?t=26799&page=13CL.It is my intention to run this and any other exercise I've run,as real as possible.When I mark a pattern on a chart it shows the external parameters of the pattern. Blue is the trigger line and red is the stop line.IN real life most of us would set our buy and sell orders for the next day and shoot off to work.Now in hind-site I could come home and adjust the parameters so that the unfortunate fill and reversal wasn't shownon our records. But reality is I would have been filled.I have learnt more from trading in draw-down and surviving than trading in bull markets.If you have a look at the chart below and then refer to the first exercise Pav and I did you'll notemany many more successful trades. Clearly you can see why.Im not unhappy with the result so far.Soon the market indicate its direction negative we will be ceasing trading (Below 4990)-- Positive we will be trading.THIS IS A CHART OF THE XAOmarked are the periods of trading for the First exercise and THIS exercise[ATTACH]53604[/ATTACH]
This reply is related to Country Lads Post #245
HERE--
https://www.aussiestockforums.com/forums/showthread.php?t=26799&page=13
CL.
It is my intention to run this and any other exercise I've run,as real as possible.
When I mark a pattern on a chart it shows the external parameters of the pattern. Blue is the trigger line and red is the stop line.
IN real life most of us would set our buy and sell orders for the next day and shoot off to work.
Now in hind-site I could come home and adjust the parameters so that the unfortunate fill and reversal wasn't shown
on our records. But reality is I would have been filled.
I have learnt more from trading in draw-down and surviving than trading in bull markets.
If you have a look at the chart below and then refer to the first exercise Pav and I did you'll note
many many more successful trades. Clearly you can see why.
Im not unhappy with the result so far.
Soon the market indicate its direction negative we will be ceasing trading (Below 4990)-- Positive we will be trading.
THIS IS A CHART OF THE XAO
marked are the periods of trading for the First exercise and THIS exercise
[ATTACH]53604[/ATTACH]
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