| JC STONE - 3/29/2025 09:39
Thats where I'm unsure, should we use the continious weekly or the weekly nearby like did.
Do you trade with Andrews and what is your success rate if you dare to share
I gotta admit, I’m an amateur when it comes to Andrew’s. I’m terribly undisciplined, I let emotions get in my trades occasionally, I don’t always follow the rules and don’t remember them all, and I don’t always use a stop. I still use the fork charts to trade off of about 75% of the time though.
I don’t know the exact percentage win/loss ratio and with Schwab the way it is now, IDK if I could ever find that out. Roughly guessing though, I’d say it’s around 62% success. When I have a target to make $2k, 3k, $5k+ and I put the stop loss at $500-1000, then 62% is fine with me.
Follow the rules to keep emotions out of it, put in your limit order and let price come to it, use a stop far enough away to not get ran on some night trade whim but close enough to keep losses to a minimum. YOU can be the guy to put this argument to rest for this forum if you so desire, but give it 18 months. |
A chart
