HTTP 200 OK
Allow: GET, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept
{
"count": 46,
"next": "https://pagoolabs.com/posts/api/?format=api&page=2",
"previous": null,
"results": [
{
"url": "https://pagoolabs.com/posts/api/96/?format=api",
"post": "Great question Mason.\r\n\r\nI would just like to note that the rules listed here are not definitive rules that I advocate in any trading.\r\n\r\nThey are simply a set of rules that come out of the simulation and back-testing of a simple trend following system that we developed a few months back. \r\n\r\nAnother set of rules could easily be superior. You would need to follow the methods we talked about in the [series on Systems](https://www.pagoolabs.com/stories/43/2017/10/24/trading-systems-part-1-introduction/) and the following stories. It is important to test the strategy you want to use and under which conditions it has worked in the past. The past is no guarantee that the future will work the same way, but if it has never worked in the past you are unlikely to remain confident in the trades you place.\r\n\r\nNever move from demo to live trading until your demo account is consistently profitable. The longer the better, especially if the demo period contains a couple of major market events that have the potential to ruin accounts. If you can survive when others are losing then you are on the way to profitable trading.",
"userprofile": "https://pagoolabs.com/userprofiles/api/SeanManefield/?format=api",
"submit_date": "2018-01-15T04:03:18Z",
"is_public": true,
"previous_version": null,
"edited_date": null,
"upvotes": 1,
"downvotes": 0,
"replies": 0,
"parent": null,
"story": "https://pagoolabs.com/stories/api/58/?format=api",
"forum": null
},
{
"url": "https://pagoolabs.com/posts/api/93/?format=api",
"post": "If you took trade 3 then even losing 4 and 5 would increase the total win. +4 minus the 2 losses would still get you +2 up on your +3 win. So +5 in total.",
"userprofile": "https://pagoolabs.com/userprofiles/api/david_links/?format=api",
"submit_date": "2018-01-09T03:48:58Z",
"is_public": true,
"previous_version": null,
"edited_date": null,
"upvotes": 1,
"downvotes": 0,
"replies": 1,
"parent": null,
"story": "https://pagoolabs.com/stories/api/58/?format=api",
"forum": null
},
{
"url": "https://pagoolabs.com/posts/api/94/?format=api",
"post": "Hi David,\r\nYou have a point with trade setup #3 winning. According to me, the TP would be 87.80 which the market easily hit 3 bars later (12 hrs). \r\n\r\nHowever there was only a single reversal bar in the pattern and if you take such a setup once then consistency requires you take them always. I have found they often lead to failed trades. \r\n\r\nTrade #4 is also a single bar reversal and #5 is a series of inside bars, not really a reversal.\r\n\r\nIn this case you would win but over time, taking all such patterns leads to problems.\r\n\r\nThe reason to open after a reversal is that there is a sense the market has tested a price level and rejected it, for now. A single bar back is little more than noise and does not give me confidence the market has rejected anything. But the true test is to simulate a large number of these setups with single bar reversals, or inside bar patterns, and see if their wins exceed their losses.",
"userprofile": "https://pagoolabs.com/userprofiles/api/SeanManefield/?format=api",
"submit_date": "2018-01-09T12:10:36Z",
"is_public": true,
"previous_version": null,
"edited_date": null,
"upvotes": 1,
"downvotes": 0,
"replies": 0,
"parent": "https://pagoolabs.com/posts/api/93/?format=api",
"story": "https://pagoolabs.com/stories/api/58/?format=api",
"forum": null
},
{
"url": "https://pagoolabs.com/posts/api/90/?format=api",
"post": "Great to hear that constanz. \r\n\r\nThe period starting just after Thanksgiving until the New Year is a particularly illiquid time of the year in forex. It's a good idea to step away from trading at that time since many of the patterns that had previously worked start to break down. Hence the lack of stories.\r\n\r\nTrade #6 is a success and triggers the TP at 85.58 on my system. Soon after the market retraces and offers up another short trade opportunity at #7. Since no filters say to avoid that trade, we are compelled to open. Now we are in an open trade with a target of 84.13 and a SL of 86.04. Unfortunately for trade #7, the SL gets triggered before the TP gets hit.\r\n\r\nHowever, as long as we are in trade #7, we cannot open any other trades in correlated markets. That is especially true of the same market, AUDJPY. Because of this important risk rule, we safely miss all the other HA reversals until trade #7 is closed.\r\n\r\nThis is another reason to avoid closing early - it may lead to opening further trades that go on to fail.",
"userprofile": "https://pagoolabs.com/userprofiles/api/SeanManefield/?format=api",
"submit_date": "2018-01-08T06:42:53Z",
"is_public": true,
"previous_version": null,
"edited_date": null,
"upvotes": 1,
"downvotes": 0,
"replies": 0,
"parent": null,
"story": "https://pagoolabs.com/stories/api/58/?format=api",
"forum": null
}
]
}