Stripping Down Your Charts

I mentioned the other day that my son was trading an account without any indicators or anything else of education involved in his decision making. His goal is to make 10,000 trades on his way to learn how to trade. I also mentioned that he was trading a demo account. **Well that has changed. He is trading a live micro account now and has for the last four days. His results are surprising to say the least. I know when I first started I was on the fast track to blowing up my account. I know that he barely has 20 live trades under his belt, but he is already 66% accurate and is just at break even It will take many more trades to identify any problems and when he could statistically improve, but I can’t say that after my first 20 trades that I had those kinds of numbers. Past results are not necessarily indicative of future performance.**So what I learned from this was that I should strip down my charts and really look at the the one indicator that is king, Price. And it was amazing how I started to see things. If I just traded when I fel like it I could in a testing environment duplicate his results, so I said to myself, what If I took that and added one and only indicator what could I do?Bam, right away I found an actionable system that I could trade. I qualified what I had been seeing when I was just looking at the charts. Though I was able to duplicate my son’s results without a single indicator, with one qualifying indicator I was able to go profitable and raise my winning percentage to over 70%. **If you want to get involved with testing like this you need to join the 10KT group starting on the 2nd of April. We will be doing it as a group and sharing our results. Attacking the market as a group





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