"traders lose significantly more money on their losing trades than they make on their winning trades"
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Trading Made Simple the right way, and other trading lessons 333 replies
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Trading Made Simple system follower - Thanks to eelfranz 9 replies
Disliked{quote} 1. Why oh why are the there so many people out there trying to turn this into a job? 2. In second and third world countries, a cent account will greatly augment their standard of living. Why do you think there are so many traders on here who do not speak good English? {quote} Ha! Cars crash because of a distracted driver 90% of the time, same reason that traders lose. The average( there are many above average) woman is not driven by logic, this has been well documented throughout the history of writing. Many times she does not understand...Ignored
Disliked{quote} 1. Some people have hopes and dreams, their circumstances are personal and unique. I think there are many reasons that traders lose. I am sure that many, given the right framework to operate in could be successful. But anybody who knows is not going to give that up easily, especially if it has taken them years to develop. If you are fortunate enough to have had a good start in life, and had the good sense to capitalise on that then you have a level of 'comfort' most people dream of. Unfortunately, there are those that haven't but still they...Ignored
DislikedThe AUD/USD Short trade failed btw. There were again a lot of false signals even on the H4 the last week, not only for this pair.Ignored
DislikedThe AUD/USD Short trade failed btw. There were again a lot of false signals even on the H4 the last week, not only for this pair.Ignored
Disliked{quote} Maybe this just isn't your game. You might be even better than the TDI.Ignored
Disliked{quote} Fun fact: I have probably no idea what I am doing with the strategy but results are ok so far I think. {image}Ignored
DislikedTrading AUDUSD is like watching snails. Its slow moving and boring. Trading TMS requires a good average daily pip movement and there is no other pair better than GBPNZD. In the first two weeks of October, GBPNZD has moved around 1600 pips. In the first two weeks of October, AUDUSD has moved around 200 pips Thats why I call GBPNZD the BEAST and its my DAX. I prefer to trade it on M5 {image}Ignored
Disliked{quote} Fantastic! Now we know you are like another fond poster of the Factory by the name Mingary. He would troll threads here saying FX does not work, only to find out he could trade just fine. I took a screenshot of this so all newcomers can see you are trolling and take it for what it is. {image} You are a good troll Iddd, I like you. {quote} Here in the US the go to broker is OANDA. Spreads on the G/N is about 10 pips on a good day. It can get much higher on a spike. Then the pip value is bad. And heaven help you with that swap...Ignored
Disliked{quote} Fantastic! Now we know you are like another fond poster of the Factory by the name Mingary. He would troll threads here saying FX does not work, only to find out he could trade just fine. I took a screenshot of this so all newcomers can see you are trolling and take it for what it is. {image} You are a good troll Iddd, I like you. {quote} Here in the US the go to broker is OANDA. Spreads on the G/N is about 10 pips on a good day. It can get much higher on a spike. Then the pip value is bad. And heaven help you with that swap...Ignored
Disliked{quote} My broker normally asks around 3 pips for G/N during the London session but who cares. Its current Average Daily Range over the last 10 days is 180 pips so it offers high reward. On the M5 chart, if you can trade each TDI cross to create a basket of 3 trades in a good up or down trend, the total pip win can easily hit 150 pips in two hours trading.Ignored
Disliked{quote} Hi Em, thanks for this sample chart set-up... I was wondering what would be your approach on this image below. It is the same setup as posted (big E's) with my modified and fused TDI (or TDZ) hybrid. On the chart you shared, with the original TDI, the entry would be on candle #2 for an aggressive entry. However, it seems with TDZ the conservative entry is candle #1, while candle #2 for conservative entry. {image} Now, with the current chart for EU H4 TF. I was thinking conservatively to wait for the price to break the lows of mother candle...Ignored
DislikedAccording to that chart USDDKK is really the beast. I'll try it this week. Where do you access that chart?Ignored
Disliked{image} What about this H4 trade? The H4 chart here is more like sideways than doing lower lows. But the Daily Chart making lower lows. So i took this short opportunity. However i was not checking for S/R either on Daily or H4. Also i didnīt care about the TDI green angle at the crossover or the levels of TDI or Stoch 68,32, 80,20 (Still do not really understand these, to me they just donīt tell much as price doesnīt seems to respect these levels more often than not). So i just took the trade mainly due to the facts "the market structure" looked...Ignored
DislikedThe AUD/USD Short trade failed btw. There were again a lot of false signals even on the H4 the last week, not only for this pair.Ignored
Disliked{quote} Typical spread during the EU session for GBP/NZD is also around 3-3.5 for me. However i never considered trading this pair. Will have a look at it next week. In any case i wonīt trade AUD/USD for longer. Never had good results with it, should have ditched it long before. {image}Ignored
DislikedAccording to that chart USDDKK is really the beast. I'll try it this week. Where do you access that chart?Ignored