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Trader
at
Dirks Capital
Hello! I've been trading full time for three years now and have developed a high-profit factor, session-based XAUUSD system.
This flows out of exclusive focus on XAUUSD, relentless backtesting, and following the Mark Douglas trading principles:
The Five Fundamental Truths of Trading
1. Anything can and will happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution of outcomes for every set of variables.
4. An edge is nothing more than a higher probability of one thing happening over another.
5. Every moment in the market is unique.
And The Seven Principles of Consistency
1. I objectively identify my edges
2. I predefine the risk of every trade
3. I completely accept the risk of every trade
4. I act on my edges without hesitation or reservation
5. I pay myself as the market makes money available
6. I continually monitor my susceptibility to making errors
7. I understand the absolute necessity of these principles and never violate them.
By following these guidelines, my goal is to achieve 5-20% account growth, every trading day.
This flows out of exclusive focus on XAUUSD, relentless backtesting, and following the Mark Douglas trading principles:
The Five Fundamental Truths of Trading
1. Anything can and will happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution of outcomes for every set of variables.
4. An edge is nothing more than a higher probability of one thing happening over another.
5. Every moment in the market is unique.
And The Seven Principles of Consistency
1. I objectively identify my edges
2. I predefine the risk of every trade
3. I completely accept the risk of every trade
4. I act on my edges without hesitation or reservation
5. I pay myself as the market makes money available
6. I continually monitor my susceptibility to making errors
7. I understand the absolute necessity of these principles and never violate them.
By following these guidelines, my goal is to achieve 5-20% account growth, every trading day.
Friends
1
Christopher Dirks
News about Price Action Killer signal
Looking forward to the first week of Price Action Killers $XAUUSD trading
Christopher Dirks
Published MetaTrader 5 signal
Price Action Killer is a structured session-based daily swing trading algorithm with high profit expectancy (4+). Focusing on only profitable backtests with a PF of 3 or higher, we aim to produce daily gains. Backtests are done weekly or more often to ensure the coming week's trades fit with any regime changes. Lot sizes are kept realistic to manage drawdown and maximize longevity
