Hi all,
I’m back to my busy schedule. I managed to place 8 1pip trades for a total gain of 3.2% daily gain. In my books, anything around 1% gain is exceptional. I’m very happy and excited to see all the good trades you guys have been making. But it also makes me a bit nervous to see that we are making way too many trades and might be getting a bit over confident which could result in mistakes.
Please keep in mind the aim of this thread, that is to imprint in your brain how EASY it is to make 1% and that 1% is ALL YOU NEED!
Heck, if you could make 0.50% consistently, be happy, be very happy! If you can make 1%, be over joyed and go jump up and down with excitement because in 5yrs you will turn $1000 into $278 million. Please understand the magnitude of what 1% per day mean. Warren Buffet made billions making just 30% YEAR! 1% per day is over a 1,000% per year! That is an INSANE amount. No business nor index nor hedge fund ever makes this much.
The goal is to get just 1pip (or even less) because then you have probability on your side. You DO NOT want to rely on luck. If you rely on luck, luck will run out. Rely on hard math, probability.
I need to adjust my probability statements. I performed the experiment with 12million ticks and the probability came out to be 94.2% success rate for getting 3pips (with spread ~1pip TP). So this is the probability that we have trying to go for 1pip (with spread) if you were to take a random entry going in any direction without care of patterns or direction or trend. I’m certain that with following my rules outlined, that the probability of success for a trade within 48hrs is greater than 99.9% and most likely approaching 99.99%.
Don’t be greedy, go for 2-4 perfectly timed trades each day that are in line with the rules and you will have great success.
Green pips to all 
Focus, Patience, Determination & Order in chaos
