Comments on: +15.75 Points – The Trading Week in Review – July 26th to 29th

By: Cody Hind

Cody Hind — Wed, 03 Aug 2016 18:49:17 +0000

In reply to Roger. Thanks for the kind comments, Roger! Glad you're enjoying the weekly reviews.

By: Cody Hind

Cody Hind — Wed, 03 Aug 2016 18:48:42 +0000

In reply to Rami Grego. Yeah, Rami, keeping your focus too narrow usually leads to poor results! I've found a lot of people focus far too much on the outcome of single trades and get elated when they win or crushed when they lose, but those single outcomes don't really matter within the context of a trading plan. Stick to the system, keep to your rules, and let that edge play out!

By: Cody Hind

Cody Hind — Wed, 03 Aug 2016 18:47:13 +0000

In reply to LKK. Hey Len. DLC is a type of trading setup I utilize that's a bit more advanced. It stands for Deep Level Continuation. These are pullbacks into levels within larger trends and allow precise entry at areas of likely supply/demand with very high reward to risk. They have the highest positive expectancy of any of my trading setups by far.

By: LKK

LKK — Tue, 02 Aug 2016 03:12:44 +0000

What does DLC stand for in your charts? -Len

By: Rami Grego

Rami Grego — Mon, 01 Aug 2016 18:13:45 +0000

Love the consistency you’ve shown.
Totally agree that it doesn’t really matter what happens on a single day and that the focus should be on the week or month.
I’ve found that any time I focus on trying to reach a specific daily result my trading becomes a mess!

By: Roger

Roger — Mon, 01 Aug 2016 05:09:51 +0000

Thanks for posting another one of these weekly results! I was missing them and I find them really helpful. I’m trading 600 tick charts mostly but theres lots of overlap and I’m picking up some really useful tips from you!