Hey LittleCaro,LittleCaro » Today, 11:05 wrote:Hey guys,
I share here something that could potentially profit to all :
https://www.forexfactory.com/showthread.php?t=893732
Braintheboss is making something strong and different about the baskets and stacking trades and generally money management.
In my opinion it worth the read.
thank you for your sophisticated inputs. You really think this through. I don't see myself as a good manual trader nor have I brought up a breakthrough system like Leon for the same reason: He already has a good manual trading system and is on his way to transform it into an automatic one. At this point, Thank you, Leon, for sharing with us!
Back to your topic, Caro - as I am allowed to just say Caro?
With TDesk and all the compatible Indicators, we have received something like a box full of little LEGO TECHNIC bricks. And with this, our quest has just started: Now we can find a combination of indicators and signals that makes sense to our little pattern recognition brains. From then on, this shall be our basic system. We can forward test it and check with the TDesk Viewer and Player, if it is worth refining Solo and/or Multi Signal entries and exits. All very visual and easy.
Next, there is the TDesk Trade Advice. This can be compared to the step of BraintheBoss' "Stack". He seems to be at the very end of refining his own system. But here's my point: As good as this "Stack" seems to work with his setup, it can easily fail with any other system. Maybe a defined SL/TP is better for my system, or maybe it's a single ATR based TP... I don't know beforehand. but with more individual forward testing data and the Trade Advice, we will surely find an answer to a good trading system, too - each of us, if we want.
The more individual systems, the better!
Just my humble opinion... Will see you guys on fxtestify with my individual system as soon as it's finally optimized.
Cheers,
Mat
:hi: