Down & Ups

Learning. Trying.

[Down & Ups @learning_1m]

@factor_members Peter, I’ve been thinking that a higher average profit-to-loss ratio and higher win rate would lead to higher PF. Pls correct me if I’m looking at this wrongly.

[Down & Ups @learning_1m]

@factor_members I can relate to this. Thanks for sharing, Peter.

[Down & Ups @learning_1m]

@factor_members Thanks Peter. Logical nuances 🙏🙏

[Down & Ups @learning_1m]

@factor_members Hi Peter, mind sharing why running wedge is not viewed as diagonal pattern?

[Aksel Kibar, CMT @TechCharts]

Common pattern I'm seeing on mining and exploration stocks. Possible H&S continuations with well-defined horizontal resistances.

[Down & Ups @learning_1m]

@factor_members Peter, by BO standard, do you mean you will use 50% ATR regardless of pattern duration?

[Down & Ups @learning_1m]

@factor_members Enough return for a modest lifestyle for the family.

[Down & Ups @learning_1m]

@factor_members Hi Peter, does it mean you will also be using 50% ATR regardless of a pattern's duration for all trades going forward? If you are, mind sharing your reasonings? Thanks in advance.

[Aksel Kibar, CMT @TechCharts]

A great example to show why connecting highs that form a well-defined horizontal boundary is better than connecting highs that form a trend line (sloping boundary)

Market recognizes the horizontal better than the diagonal.

[Down & Ups @learning_1m]

@factor_members Watching how you trade on a semi-live basis has been an effective learning approach. You have reminded us many times that copying without thinking for ourselves don’t work. I hope things remain as it is.

[Down & Ups @learning_1m]

@factor_members Hi Peter, is Flying M a H&S failure? If it's not, mind drawing a simple example to help us visualise it, if it's not too much trouble?

[Down & Ups @learning_1m]

@factor_members Inadequate capital size. There are a few futures that are too big for my size.

[Down & Ups @learning_1m]

@factor_members @FuturesOperat0r Thanks, Peter

[Down & Ups @learning_1m]

@FuturesOperat0r @factor_members Hi Peter, would you say that 6-week pattern is too short for a reversal trade? What is your preferred pattern duration for reversal?

[Down & Ups @learning_1m]

Ethereum made higher lows and higher highs. $ETH

[Down & Ups @learning_1m]

@factor_members Hi Peter, is this considered an anticipatory position since it has not broken out yet?

[Down & Ups @learning_1m]

@factor_members It's a great way for us to learn.

[Down & Ups @learning_1m]

@factor_members Appreciate your explanation, Peter! I’ve been tracking my realized P&L for 5 months based on your advice. Struggled with these nuances. Thanks for the clarity!

[Down & Ups @learning_1m]

@factor_members Follow-up. In the same example, does this count as one trade or two trades in your metric calculation like win rate and PF? (Hope this isn’t a silly question)

[Down & Ups @learning_1m]

@factor_members Thanks for your answer!