Euro / U.S. Dollar
Education

How I Managed To Achieve 13.83% By Improving My Win Loss Ratio

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The SMC model that I used provided a beautiful mechanical system for me but did not provide a win loss ratio. The account balance would keep going down inspite of the great RRR.

I added the classical school and the Stochastic to see if I can get better results by those filters. What happened is that the daily stochastic became my major indicator and all the others, including the SMC model, became support confirmations.

The last thing that I added was the opening trades mechanism. I would open multiple trades during the day and once I am satisfied of the positive result I would close all trades. I might close all on the same day of opening.

In four weeks of testing this methodology I was able to turn my win loss ration from a disaster to even the wins exceeding the losses, and not one single batch was closed negative. All trade batches were closed on the positive.

This is a great method not only to increase my balance but also to increase my confidence.

I am not preaching that my plan is great, what I want to concentrate on is the value of education and continuous learning.

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