Menu

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Need a kind soul to add sound/email alert to indicator 4 replies

save my soul 5 replies

Attachments: Soul's Thread
Exit Attachments

Soul's Thread

Quoting Waveskierrob
{quote} Fondamentalmente compra e vendi allo stesso prezzo + 2 pip TP no SL, una volta che un TP ha colpito, riapri lo stesso trade che ha appena chiuso, ... ripeti, per tweeking in base alle tue esigenze , stile di trading, dimensione della banca ecc. Questo è uno stile di trading non un sistema di entrata/uscita, spero che questo aiuti
I man thank you a lot for share your system or whatever It Is..i have some question ..the First One Is:
-in this way you are Always in the market?
-what to do with the trade that still open without catch the take profit?
-we close the Whole cicle when the all profit are x pips/Money bigger than the flowting losing position?
Thank you in Advance.
So..good evening from Italy ..a Little contribute to develope the trhead and the mind..let's start:
-the only thing that count and it's real Is the present here and now.spread commissions requotes are all devils that separe our entry from the here and now.so how to remain more Stick Is possible at the here and now?this Is the mail question.many traders tryed before to used this naked reality(i Remember the trhead line in the Sand for example) but nobody in the end It 's been able to write the Word end at this enigma.who Will Discover this secret Will Be the King of the market.
Quoting dieguito80
{quote} I man thank you a lot for share your system or whatever It Is..i have some question ..the First One Is: -in this way you are Always in the market? -what to do with the trade that still open without catch the take profit? -we close the Whole cicle when the all profit are x pips/Money bigger than the flowting losing position? Thank you in Advance.
1. Yes always in the market but can be optional if you want to close or take TP's off your trades at end of day, up to the trader what he/she is happy with
2. Trade that doesn't hit TP leave open
3. Yes if your banked profit is bigger than your open trades P/L you can close both trades , then repeat same process

Hope this has helped, always open for questions
Quoting Waveskierrob
{quote} Basically buy and sell at the same price + 2 pip TP no SL, once a TP hit open again same trade that has just closed,...repeat, up for tweeking to suit your needs, trading style, bank size etc. This is a trading style not an enter/exit system, hope this helps
Good to see you posting again honorable gentleman Waveskierrob, hope that mr. Pat will return somehow somewhere and post his ideas and thoughts...
Have good weekend guys...
Quoting Waveskierrob
{quote} 1. Sì sempre nel mercato ma può essere facoltativo se vuoi chiudere o togliere TP dalle tue operazioni alla fine della giornata, fino al trader di cosa è soddisfatto 2. Il commercio che non colpisce TP lascia aperto 3. Sì, se il tuo profitto bancario è maggiore del P/L delle tue operazioni aperte puoi chiudere entrambe le operazioni, quindi ripetere lo stesso processo Spero che questo ti sia stato d'aiuto, sempre aperto per domande
Thank you so Mutch sir i like this olistic way to Reed the market.but what to do if the market become very trendy flash crash or something like this without retrace we Will have a huge ammount of losing position i Guess..or not?
Quoting dieguito80
{quote} Thank you so Mutch sir i like this olistic way to Reed the market.but what to do if the market become very trendy flash crash or something like this without retrace we Will have a huge ammount of losing position i Guess..or not?
No worries, you always have the choice to put SL's either side up to you, if market moves fast in one direction place trade with no TP then wait until market cools down, I never predict the market it goes where it goes, Trades can take months to close and my P/L is always in minus, remember this is the way I trade I don't owe anybody anything ( sounds harsh but its not meant that way) if anybody can take anything good from this my mission is done, many thanks for your question please ask more and I will accommodate the best I can ........ wish I had Pat Chiko writing skills
Quoting Waveskierrob
{quote} No worries, you always have the choice to put SL's either side up to you, if market moves fast in one direction place trade with no TP then wait until market cools down, I never predict the market it goes where it goes, Trades can take months to close and my P/L is always in minus, remember this is the way I trade I don't owe anybody anything ( sounds harsh but its not meant that way) if anybody can take anything good from this my mission is done, many thanks for your question please ask more and I will accommodate the best I can ...........
Hope that mr. Pat will be back soon
Until than...Order in the house...
thanks Wave....
Inserted Video
Quoting Waveskierrob
{quote} Nessun problema, hai sempre la possibilità di scegliere di mettere gli SL su entrambi i lati, se il mercato si muove velocemente in una direzione, fai trading senza TP quindi attendi che il mercato si raffreddi, non prevedo mai il mercato va dove va, le negoziazioni possono richiedere mesi per chiudersi e il mio P/L è sempre in negativo, ricorda che questo è il modo in cui faccio trading Non devo niente a nessuno (sembra duro ma non è inteso in questo modo) se qualcuno può prendi qualcosa di buono da questo, la mia missione è fatta, molte...
Thank s again you are so generous.at this point i Need some time to think about It and some practice.if would Jump in my mind some kind of question i Will type you..and Just for know how many open positions you had in One single ''cicle'?ciao see you God bless you
Quoting dieguito80
{quote} Thank s again you are so generous.at this point i Need some time to think about It and some practice.if would Jump in my mind some kind of question i Will type you..and Just for know how many open positions you had in One single ''cicle'?ciao see you God bless you
The original question was
"Give us a clue to what you do?"

I've posted that, now it's up to you to try on a DEMO account to experience how it works and add you own style if you want, I'm not trying to sell anything, this is not a trading system OPEN here CLOSED there make loads of money, it's just a tool that may help you with your own trading and with any tool you'll need to practice with it to get good with it, a new friend suggested this thread to me and I felt my views on trading were similar to Soultrader's.(Cheers David). I usually have around 100 trades on all the time, but that's how I trade over 8 different pairs and indices (low spreads) you could trade just 2 entirely up to you, again can't stress enough this is not a trading system, still happy to answer questions
Please no more PM's regarding this thread, if you are looking for someone to tell you where, what and how to trade this is not for you, try it first, then ask questions on the thread, many thanks
Quoting Waveskierrob
Please no more PM's regarding this thread, if you are looking for someone to tell you where, what and how to trade this is not for you, try it first, then ask questions on the thread, many thanks
Ok Sorry if i didn't respect the trhead or if i'm been unpolite..by the way i Will test this way of trading as soon as possible with fun and attention.if in the future you Will decide to visit my country you Will have a new good friend ready to host you..ciao have a nice day.
Quoting dieguito80
{quote} Ok Sorry if i didn't respect the trhead or if i'm been unpolite..by the way i Will test this way of trading as soon as possible with fun and attention.if in the future you Will decide to visit my country you Will have a new good friend ready to host you..ciao have a nice day.
No need to be sorry, its just best if everyone asks questions on the thread so then I only need to answer once
  •  swd
  • Joined Apr 2018 | Status: Trading goal is to make money | 839 Posts
Quoting Waveskierrob
{quote} No need to be sorry, its just best if everyone asks questions on the thread so then I only need to answer once
A simple test of any idea for me would be, how much would it make from a 100 point drop and a 100 point reversal to the same point? In this case the answer is nothing but a whole heap of trading costs. Commission, spread and swap. Maybe I'm not reading it right, but as an idea it has some difficulties.
Quoting swd
{quote} A simple test of any idea for me would be, how much would it make from a 100 point drop and a 100 point reversal to the same point? In this case the answer is nothing but a whole heap of trading costs. Commission, spread and swap. Maybe I'm not reading it right, but as an idea it has some difficulties.
Well done thanks for input, did you try it out for a couple days?
  •  swd
  • Joined Apr 2018 | Status: Trading goal is to make money | 839 Posts
Quoting Waveskierrob
{quote} Well done thanks for input, did you try it out for a couple days?
No offence intended if it came across that way. If you are keepung the losing trade fixed and re-applying the winner with a stop loss you will eventually make a loss in costs. It doesn't matter what price does you will be ground down in the end. If we forget about intervention/black swan then it could be worse. I think you describe about 10% of what is needed for a random money making machine.
Quoting swd
{quote} No offence intended if it came across that way. If you are keepung the losing trade fixed and re-applying the winner with a stop loss you will eventually make a loss in costs. It doesn't matter what price does you will be ground down in the end. If we forget about intervention/black swan then it could be worse. I think you describe about 10% of what is needed for a random money making machine.
No offence taken you are quite entitled to post your opinion, means that you are thinking for yourself, I've posted how I trade in it rawest form as it would be too much for me to explain in one go in it's entirety, will add as people try it out and ask questions, would be crazy to think that you could teach someone to drive, become a tradesman, a doctor, carpenter, plumber, builder etc in just a couple of posts, why should forex trading be any different, cheers
Quoting Waveskierrob
Due to lots of PM's I'll post on here, this is not for everyone but if you can make use of it all well and good, practice on DEMO for at least a month, open BUY and SELL same price 2 pip TP on both No SL, when a TP gets hit open that one trade again 2 pip TP no SL, so you always have two trades on at any one time, one BUY one SELL, just DEMO that for a couple of days
Hi Waveskierrob,
Do you manually open a buy trade and then immediately open a sell trade ?. How to open both at the same price?
Quoting J0R0
{quote} Hi Waveskierrob, Do you manually open a buy trade and then immediately open a sell trade ?. How to open both at the same price?
Yes I do, you will need to use a feature on you platform to enable both trades to be open at the same time (on my platform its "forced open" button). some countries won't allow this.
  •  swd
  • Joined Apr 2018 | Status: Trading goal is to make money | 839 Posts
Quoting Waveskierrob
{quote} No offence taken you are quite entitled to post your opinion, means that you are thinking for yourself, I've posted how I trade in it rawest form as it would be too much for me to explain in one go in it's entirety, will add as people try it out and ask questions, would be crazy to think that you could teach someone to drive, become a tradesman, a doctor, carpenter, plumber, builder etc in just a couple of posts, why should forex trading be any different, cheers
The first thing a broker and liquidity provider will do is to ensure you cannot make a riskless profit. This means you have to have an edge somewhere. As someone who has the missing 90%, I'll check back in a few months and see how far the followers have gone down the rabbit hole. Good luck to all.
Quoting swd
{quote} The first thing a broker and liquidity provider will do is to ensure you cannot make a riskless profit. This means you have to have an edge somewhere. As someone who has the missing 90%, I'll check back in a few months and see how far the followers have gone down the rabbit hole. Good luck to all.
Again thanks for your input, trade safe
0 traders viewing now