firewalker99
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I have no evidence whatsoever, I was merely hypothesizing about what perhaps could be a way to do it. I'm listening to any suggestions or examples that have a proven track record. If you have any evidence that anything I've posted has no value at all, then don't hesitate to tell me if I'm wasting my time.dbphoenix said:You're breezing by all the prerequisites as if they are givens and wading back into the theoretical. What evidence do you have that "defining" your stoploss based on anything you've posted has any value?
Db
dbphoenix said:How would you set your target? What evidence would you have that you had set it properly? What's the probability of your setup? What, as far as that goes, is your setup?
In any even, shouldn't all of this be in First Steps or in your journal?
A while ago you said you didn't find any ways to calculate a target. My point of view was I used ATR. As for the journal part, I was only replying to the questions you stated, no problem if you'd rather see them elsewhere.
About all the maths, you asked why? Well, to gain confidence, to have something to rely on. To see what the longest losing streak could be so that when I take to step to realtime trading, the light goes on when I would detect something statistically signifcant.