4/27/2010

30% in one day??

Well, I would never thought it possible... but it is... three trades today closed as winners... Some losing trade has to come but I love this:)
















6 comments:

  1. wow - beautiful work! This is all with the 1minutedaily system?

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  2. Today ... these trades... yes...
    But as I said earlier, the winning percentage is around 60% so there will be losers:)

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  3. what stoploss is usually set on these trades Tomas?

    PS - keep up the good work loving the Journal

    :)

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  4. Thank you!

    SL depends on the length of the channel, the systems tells you exactly where to put your SL:)

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  5. I believe it's better if we put risk:reward ratio 1:2 for smoother equity curve. Why don't you try out SL = 1/2 TP ? I've already backtested 1 minute daily for a week and it's profitable. :D

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  6. Hi Anonymous,

    it is a good idea, so you put SL where you should but TP twice the length of the channel? Have you backtested it at least a little bit? I would be afraid that the TP doesnt get hit many times...

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