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Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

Quoting trader888888
Hi all, Firstly thanks, @eelfranz, for starting this thread 10+ years ago, and rest in peace This thread was soo emotional that I needed to write a reply. I have read the first 200 pages of the thread and found out that old traders @emmanuel7788 and @alexc are still active on FF, which is very impressive. -I have not idea how to tag so I will do that: {quote} {quote} During the reading, I was able to find that trader @2scoops, after 5 years of testing this TSM strategy decided to quit trading, and he wrote: ''I fell out...
"is it really profitable"
It is of no use members say it is profitable or not profitable.
> Look at the trades Pips are posting.
To reach that level of trading you need to understand how to use TDI with post#647
Are you willing to spend hours alone studying TDI green cross red setup signals.
Are you willing to paper trade this method for a couple of month's with the only the advice BigE has posted in this thread?

It all depends on the trader.
Quoting trader888888
Hi all, Firstly thanks, @eelfranz, for starting this thread 10+ years ago, and rest in peace This thread was soo emotional that I needed to write a reply. I have read the first 200 pages of the thread and found out that old traders @emmanuel7788 and @alexc are still active on FF, which is very impressive. -I have not idea how to tag so I will do that: {quote} {quote} During the reading, I was able to find that trader @2scoops, after 5 years of testing this TSM strategy decided to quit trading, and he wrote: ''I fell out...

@2scoops quit after 5 years because he did not learn enough to pass that newbie level.

to be able to trade like Big E, you have to be at and above the intermediate+ level

how many years does one need to be actively trading to reach the intermediate+ level?

Quoting eelfranz
gmcc, Thanks buddy and I keep trying to help other traders make more pips without having to pay for a bogus trading course. People on our thread have some experience to succeed. This thread is not meant for newbies. Our thread is not about learning the basics of forex trading but it's about teaching a method to traders who are no longer beginners... but intermediate+ I guess. Any newbies here... please go to www.babypips.com and take some time to learn about the forex market and how it's traded. It's important....
gmcc,

Thanks buddy and I keep trying to help other traders make more pips without having to pay for a bogus trading course. People on our thread have some experience to succeed. This thread is not meant for newbies. Our thread is not about learning the basics of forex trading but it's about teaching a method to traders who are no longer beginners... but intermediate+ I guess.

Any newbies here... please go to www.babypips.com and take some time to learn about the forex market and how it's traded. It's important.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting Tekkies
{quote} "is it really profitable" It is of no use members say it is profitable or not profitable. > Look at the trades Pips are posting. To reach that level of trading you need to understand how to use TDI with post#647 Are you willing to spend hours alone studying TDI green cross red setup signals. Are you willing to paper trade this method for a couple of month's with the only the advice BigE has posted in this thread? It all depends on the trader.

pips29 is no newbie today.

he has been actively trading since 2012 and I know him in the in the other threads by LE1 and X-Man. Price action is king.

he knows his price action for his trade setups and entries, he only use the TDI to confirm his entries.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Th
Quoting trader888888
///I would to receive an honest review of the strategy that is written in the first post, is it really profitable or at the end (after years) you will end on BE.
@trader888888

You want a honest review of Big E' 5-Method.

Is trading according to Post#1 really profitable? NO!.

You can simply scroll back to old charts for the past 10 years from the time the Big last post.... just do it from 2012 to 2021. For those same eight pairs he traded.
On your 4H charts, how many 4hr trade setups were there at Pacific 10PM and 2AM? How many setups closed at 6AM were profitable?

But if you are prepared to develop your own trading system based on his 5-Method, you will have your own winning systems when you have done your own trading system development.

Do you know How to Develop a Winning Trading System that Fits You?
It is what Big E said in his Post#296

I have done my own trading systems development over the past 20 years and I now have several systems based on the same 5-Method as the core trading methodology.

There are several good books out there you can study.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Post 134,749: My mistake is that I like to argue with TDI and normally that does not end well for me.

Got my ass wiped again.
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just gone short both cable and the dragon
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the cautious seldom err....C
Quoting Inthebox
{quote} {quote} well well well ...... SL hit. short again. {image}
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ITB - Seeing Orderliness amongst 'Randomness'
This was the only trade I took late yesterday evening and only took 1/2 out just now. I have moved the stop to -16
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the cautious seldom err....C
Quoting pips29
just gone short both cable and the dragon {image} {image}
wow! that was fast, taken 1/2 out on both..The M5 chart to show if you time your entry well you will hardly suffer any dd
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the cautious seldom err....C
closing the trade just over a pip ahead of target, I'm not greedy
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the cautious seldom err....C
Quoting pips29
{quote} wow! that was fast, taken 1/2 out on both..The M5 chart to show if you time your entry well you will hardly suffer any dd {image} {image}
I had closed cable trade but leaving the dragon to hit my target. I have made enough to cover tomorrow and possibly part of Friday's trading
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the cautious seldom err....C
price hit target, just another simple trade, no imaginary market timing is required
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the cautious seldom err....C
Quoting pips29
{quote} вау! это было быстро, на обоих ушло 1/2 ... График M5, чтобы показать, если вы правильно рассчитаете свой...
Hello pips29. What is your profit distance for 1/2 of open position. Its different points to each pair or fix pips to transfer another 1/2 position to b/e? Thx!
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ITB - Seeing Orderliness amongst 'Randomness'
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ITB - Seeing Orderliness amongst 'Randomness'
BE
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ITB - Seeing Orderliness amongst 'Randomness'
Quoting demon83
{quote} Hello pips29. What is your profit distance for 1/2 of open position. Its different points to each pair or fix pips to transfer another 1/2 position to b/e? Thx!
I'm experiencing problems with the internet especially chrome and FF and occasionally my trading platform as well. I'm a tech nerd and therefore have no idea what's happening..hi! 666 I'm scared of your name, anyway I have no fixed target for scaling and because of this sometimes my scaling can come at 20 or even 30..TBH I took 1/2 out of both GU and GY after my post on EG. I did not see the move down on the Gpairs as I was busy doing the EG posts. I type with 2 fingers and so I 'm very slow, moreover I use only 1 laptop to do every thing ,trading, posting,reading the newspaper and watching you tube..all on 1 laptop
the cautious seldom err....C
I was looking forward to trading black gold come NY session but it has started moving . I am looking at 86.50 as a target. I am not in the trade yet. If I do trade this it will either be on M5 or M1
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the cautious seldom err....C
nasdaq m5 short
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ITB - Seeing Orderliness amongst 'Randomness'
gj short
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ITB - Seeing Orderliness amongst 'Randomness'
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