Thursday 15 September 2016

October Trading Plan And The Featured Post - 2

There is no use to talk about how much a technical trend indicator can make in its accumulated profits if traders cannot take the heat of multiple losing trades. As shown in the precious post, the accumulated profit of 426 ticks per contract size basis may not be as good as others, it it perhaps a good start for new readers traders to learn on how to systematically follow a technical trend indicator.

28 stop and reverse trades in last 8 months or less than 4 trades per month will seriously test traders' patient in such a volatile market. (No doubt it is not a complete table here, we wish readers traders do learn in data collection which is the most important for trading success.)

We are writing and focusing on multiple losing trades again that will most probably occur in the next three months on cpo futures. Readers traders must learn to cope the pressure of multiple losing trades if they are seriously interested to use technical trend indicators.

Here is the simple table for readers traders to follow with the 426 ticks accumulated profits:

datetimePrices/L426
19/2/2016182585s
17/3/2016122538L47
231/3/2016182721s183
31/4/2016122760L-39
44/4/2016122729s-31
5182773L-44
66/4/2016122727s-46
719/4/2016122685L42
825/4/2016122670s-15
95/5/2016182633L37
106/5/2016122588s-45
11182630L-42
1213/5/2016122588s-42
1325/5/2016182546L42
147/6/2016182597s51
154/7/2016122391L206
165/7/2016122359s-32
1715/7/2016182281L78
1825/7/2016182269s-12
1926/7/2016182309L-40
2028/7/2016122307s-2
2129/7/2016122323L-16
2229/7/2016182316s-7
232/8/2016122331L-15
2422/8/2016182542s211
2523/8/2016182577L-35
2625/8/2016122558s-19
272/9/2016122568L-10
2813/9/2016182589s21