The Common Sense Investor
Member
Good morning everyone,
I have completed a complete Optimization Test on the 5 currency pairs I use.
HERE is a LINK to the SETTINGS
Also, I did a video explaining how and why I have updated my settings spreadsheet in Goolge.
Last week, I heard the cry of several new people as it related to Friday's big fall in certain plays.
I feel your pain. I have been in plays that go all the way to their Max Drawdown and even a little below that...
But, here is the thing. I don't care if a play goes into Drawdown. In fact, believe it or not, I get excited when one of my plays goes into Drawdown.
This gives me an opportunity to "buy the dip" so to speak.
I don't care IF the bot goes into Drawdown. I know the bot WILL be right. So, I use the opportunity to cost average down.
Now, what I DO care about is HOW LONG will I be in Drawdown. See, I know the bot will be right, but HOW LONG could the Drawdown last
before coming back and making me a profit.
TIME IN DRAWDOWN is what is important to me. I want to be in a Drawdown play as short as possible.
Make the trade, take the profits and move on to the next trade.
Yeah, we wish EVERY trade was like that. So, we have to come to grips with Drawdown and
What can we do about it.
That is the topic of my latest update you can find HERE
In this short video, I also teach you about how and when is the best time to add to your
Max Orders
I have completed a complete Optimization Test on the 5 currency pairs I use.
HERE is a LINK to the SETTINGS
Also, I did a video explaining how and why I have updated my settings spreadsheet in Goolge.
Last week, I heard the cry of several new people as it related to Friday's big fall in certain plays.
I feel your pain. I have been in plays that go all the way to their Max Drawdown and even a little below that...
But, here is the thing. I don't care if a play goes into Drawdown. In fact, believe it or not, I get excited when one of my plays goes into Drawdown.
This gives me an opportunity to "buy the dip" so to speak.
I don't care IF the bot goes into Drawdown. I know the bot WILL be right. So, I use the opportunity to cost average down.
Now, what I DO care about is HOW LONG will I be in Drawdown. See, I know the bot will be right, but HOW LONG could the Drawdown last
before coming back and making me a profit.
TIME IN DRAWDOWN is what is important to me. I want to be in a Drawdown play as short as possible.
Make the trade, take the profits and move on to the next trade.
Yeah, we wish EVERY trade was like that. So, we have to come to grips with Drawdown and
What can we do about it.
That is the topic of my latest update you can find HERE
In this short video, I also teach you about how and when is the best time to add to your
Max Orders
