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sr2 · 11-05-2005, 10:59

Its been about 4 weeks now since I started following the system live I have learnt several things:

1) it is necessary to be around every 4 hours to check if there is a trade (I think I knew this already but was hoping for a little bit of flexibility)
2) The system is profitable as I have made 300pips over the past 3 weeks. One of the trades did not count as the rules were not fully obeyed so in actual fact it was 200pips. Thats about 50pips a week which in all hty is not bad considering that there is not much effort involved.
3) I need to spend more time enhancing the system
4) There will probably need to be an element of discretion as was recently highlighted by the EURUSD trade
5) The rules may need to change in order to get a better entry

I think I will continue to trade live but will not post up my trades as they will probably not follow all the rules. I need to work out what works for me. Also I do not think I will continue to actively post in this thread for now as I need to spend time working on the system. Everyone who has been following this thread has the basic building blocks maybe its time you all tried playing with the rules seeing what the outcome is.

Thanks
SR2

11-05-2005, 10:59	#190
sr2 level 3 Join Date: Jun 2004 Posts: 164 Downloads: 0 Uploads: 0 Rep Power: 0	Re: Yet another newbie system! Its been about 4 weeks now since I started following the system live I have learnt several things: 1) it is necessary to be around every 4 hours to check if there is a trade (I think I knew this already but was hoping for a little bit of flexibility) 2) The system is profitable as I have made 300pips over the past 3 weeks. One of the trades did not count as the rules were not fully obeyed so in actual fact it was 200pips. Thats about 50pips a week which in all hty is not bad considering that there is not much effort involved. 3) I need to spend more time enhancing the system 4) There will probably need to be an element of discretion as was recently highlighted by the EURUSD trade 5) The rules may need to change in order to get a better entry I think I will continue to trade live but will not post up my trades as they will probably not follow all the rules. I need to work out what works for me. Also I do not think I will continue to actively post in this thread for now as I need to spend time working on the system. Everyone who has been following this thread has the basic building blocks maybe its time you all tried playing with the rules seeing what the outcome is. Thanks SR2 Last edited by sr2 : 12-05-2005 at 13:29.