Posts by Kaya75

ok Iz here :) Peace, pips and happiness..

Thanks for the insight :)

Michael does cover this very lightly in risk management, with a certain risk you only need 30% success to be profitable.. my objective is 3% a week out of 12 trades giving me a loosing buffer of 3.5 trades but I'm more interested as to why I get to having to win nearly 75% of my trades, this looks excellent actually, I shall be googling that tonight, Sunday school for me is pips, at the mo I'm making the three percent but I'm not confident in my formulas as for my lack of understanding about random distribution outcomes, I've worked with fractal seeds before on Julias but I never got to randomb distrbution

Thats some sexy maths, do you mind telling me where I can learn morei about "random distribution of outcome"?

This is good Michael, may the force be with you, its a small drawdown 6pips and I'm sure there are people lovin the red, but as I've said before if one person won every trade within a short while that person would own all the money in the world and it would would be worthless!! I've the upmost respect for you doing this, its your rite. Do you find your trades affected be the puplic nature of this project? I having difficultly with the psychology nature of dropping below my initial deposit and I'm still closing winning trades far to early but its coming, I'm down 1.5 % this week on the ranging usd/gpb this week, and my risk is getting less and less, nut today was a small gain which means I will increase risk slightly tomorrow... Of course the demo account I opened at the start of the month so I could see what happened if a sold max 4lots inline with seasonal tendencies with no sl I'd up nearly 25%.. sa la vie or something like that. Keep the faith, this is most awesome, respect for going puplic GLGT, peace, pips and happiness :)

GLGT :) peace pips and happiiness