IMPORTANT:email address listed has been CHANGED to kurt@radioactivetrading.com... This short series will confirm that the "Grail" everyone has been looking for IS available... but has nothing to do with improving your stock picks or timing.
the higher your reward to risk, the more likely you are to win in the long-term. Obviously I'm not going to disclose my trend following system; no sane trader with an edge would ever do that.
This is the fhird video, and still no holy grail. basically you're telling people to flip coins and focus on risk management, which is nice in theory. the holy grail is trend following and cutting your losses. create a trend following system, risk only 1/2%(0.005) of your equity on any given trade and take profits of 5%+. This is a 10 to 1, risk to reward ratio, so if you lose 9 times in a row, you'll still be breakeven on the 10th try. If you lose 8 times in a row, you'll still be up 5%.
the higher your reward to risk, the more likely you are to win in the long-term. Obviously I'm not going to disclose my trend following system; no sane trader with an edge would ever do that.
prodigee411 1 year ago
This is the fhird video, and still no holy grail. basically you're telling people to flip coins and focus on risk management, which is nice in theory. the holy grail is trend following and cutting your losses. create a trend following system, risk only 1/2%(0.005) of your equity on any given trade and take profits of 5%+. This is a 10 to 1, risk to reward ratio, so if you lose 9 times in a row, you'll still be breakeven on the 10th try. If you lose 8 times in a row, you'll still be up 5%.
prodigee411 1 year ago
I tried to send him the email to get that spread sheet but I got a bounce back message. :(
torontobboy21 2 years ago
That is right... trailing stoplosses... is the false way to trade.... PRO's go for the stoplosses...
Trading can be fun!!
TradingWithAnEDGE 3 years ago