Discussion RBM.1.6.0.1

Viktor3638267 posted:
I looked at your trading history and found it interesting. I like your small drawdown level. I believe that it is at the optimal level.

Hello.
I am very pleased that my account is getting your attention.
I try to keep the drawdown level within acceptable limits for me. And at the moment I get it.

I would like to know more about your trading system. You seem to be doing a good job. There is so much that I can take from here.

gruntlimbic posted:
I would like to know more about your trading system. You seem to be doing a good job. There is so much that I can take from here.

Hello . I'm glad you liked my trading system. Unfortunately it's not perfect, but I'm working on it. What would you like to know about her?

Hi Robert.
As far as I can see, updating your system has benefited her. The quality of transactions has improved markedly. You can share what updates you added.

I think it will be interesting not only to me, but also to other traders.

Evelpist posted:
Hi Robert.
As far as I can see, updating your system has benefited her. The quality of transactions has improved markedly. You can share what updates you added.

Thanks for the good question.
In the new version, I added a correction for the level of accumulation and distribution of positions. This simplifies calculations when choosing a market entry point.

Hi Robert
Choosing the right entry point is one of the most important parameters for successful trading. For many years I have been looking for various signals with the help of which it is possible with a high percentage of probability to determine in advance the point of entry into the market. You are good at it.

Very nice bump in profits.

Johannes92563 posted:
Hi Robert
Choosing the right entry point is one of the most important parameters for successful trading. For many years I have been looking for various signals with the help of which it is possible with a high percentage of probability to determine in advance the point of entry into the market. You are good at it.

Thanks for the praise. Indeed, the choice of the entry point is an important element of trading. But the result of trading depends not only on him. Quite often situations arise when it is impossible to trade on the market. It is better to wait than to enter the market simply because the trading terminal is already open and some time has been spent analyzing the market situation. It is also important to follow the rules of capital and risk management, money management and risk management. They include the calculation of the optimal position volume for entering the market and the principles of determining the profit potential and risks in each trade.
Ignoring these principles in the long run leads to a guaranteed loss of funds in the market. Most traders lose money in the market and most traders do not follow the rules of money and risk management.

goaty33 posted:
Very nice bump in profits.

Thank you. I am pleased that my trade has attracted your attention.

Robert647373 posted:

Johannes92563 posted:
Hi Robert
Choosing the right entry point is one of the most important parameters for successful trading. For many years I have been looking for various signals with the help of which it is possible with a high percentage of probability to determine in advance the point of entry into the market. You are good at it.

Thanks for the praise. Indeed, the choice of the entry point is an important element of trading. But the result of trading depends not only on him. Quite often situations arise when it is impossible to trade on the market. It is better to wait than to enter the market simply because the trading terminal is already open and some time has been spent analyzing the market situation. It is also important to follow the rules of capital and risk management, money management and risk management. They include the calculation of the optimal position volume for entering the market and the principles of determining the profit potential and risks in each trade.
Ignoring these principles in the long run leads to a guaranteed loss of funds in the market. Most traders lose money in the market and most traders do not follow the rules of money and risk management.

I liked your statement. Everything is just like that. Your trading results speak for themselves.

Hello.
   I have done a little analysis of your trading system. I liked your trading level. Very good dynamics. As I understand it, you are manual trading using your own indicators. I like it.

Robert647373 posted:

Johannes92563 posted:
Hi Robert
Choosing the right entry point is one of the most important parameters for successful trading. For many years I have been looking for various signals with the help of which it is possible with a high percentage of probability to determine in advance the point of entry into the market. You are good at it.

Thanks for the praise. Indeed, the choice of the entry point is an important element of trading. But the result of trading depends not only on him. Quite often situations arise when it is impossible to trade on the market. It is better to wait than to enter the market simply because the trading terminal is already open and some time has been spent analyzing the market situation. It is also important to follow the rules of capital and risk management, money management and risk management. They include the calculation of the optimal position volume for entering the market and the principles of determining the profit potential and risks in each trade.
Ignoring these principles in the long run leads to a guaranteed loss of funds in the market. Most traders lose money in the market and most traders do not follow the rules of money and risk management.

That's right. I agree with you.

Marcel5543 posted:
Hello.
   I have done a little analysis of your trading system. I liked your trading level. Very good dynamics. As I understand it, you are manual trading using your own indicators. I like it.

Hello.
Yes, you rightly noticed that. I do use manual trading and my own indicators. So I think this trading method is the most optimal. The market requires periodic correction of the trading system, and it is not possible to fully automate the trading process at the moment.

Don’t you think the leverage is quite high on your trading system?

margaritastephen posted:
Don’t you think the leverage is quite high on your trading system?

The amount of leverage is not a big issue if the lot sizes are suitably proportionate for the account size.

margaritastephen posted:
Don’t you think the leverage is quite high on your trading system?

The leverage on my account might be considered high overall. But, with position lot appropriate for my balance and corresponding stop levels, I keep the risk factor relatively low. Thus, high leverage lets me maximize the profit with no substantial drawbacks.
It is the most suited one for my trading style currently.
Thought I intend to lower the leverage down the road, once my account reaches a certain size.

Good afternoon Robert.
Your trade has very good and stable profitability indicators. How do you limit your trading from losses?

Alexander74645 posted:
Good afternoon Robert.
Your trade has very good and stable profitability indicators. How do you limit your trading from losses?

Good day.
Thank you for praising my work.
Regarding your question on limiting losses. All traders know that trading on the market is always associated with great risks. There are various auxiliary mechanisms to help a trader minimize possible losses and get maximum profit. And the main is setting stop levels. The purpose of setting such restrictions is to control trading in the absence of a trader, if he/she does not have the opportunity to continuously monitor fluctuations in quotes or capacity to opens long-term positions. The market is volatile and unforgiving. Even the most profitable trade can turn into a loss in a matter of minutes. All experienced traders understand the importance of setting stop levels correctly. Newbie traders, in turn, often neglect to comply, which is why, driven with 'hope' they doom themselves to constant, very much avoidable, losses.
Therefore, I always use these tools to protect my account.