Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

5 years experience of {sam seiden} on supply & demand trading 21 replies

Experience after 11 years of FX trading 3 replies

My Trading experience exceeds 5 years 25 replies

Results from traders with less than 2 years experience 1 reply

Attachments: 12 Years Experience System
Exit Attachments

12 Years Experience System

  • Post #1
  • Quote
  • First Post: Mar 10, 2014 3:41pm Mar 10, 2014 3:41pm
Dear Friends, welcome to my thread!

I have thing a long hours where is my forum place... I have decided to start here in the Trading System, because i hope i can help here the most to "newbie" to find the right way to success...

The most important thing before the journey: If you wan't to be successful in this bussiness and you are ready to LEARN a lot, this thread is yours, elsewere it's just waste of time... The next pages you can learn everything what you need to make consistent money, just listen to whispering of the charts!

What’s my goal by this forum?

I belive every people deserve an easy life… Every peolple in this world. You must know this forum and the forex don’t promise an easy life! It depends on you, i can show the way. At the first weeks, months, maybe years it will be very very hard. First time you have to come through some sh*t, some deep sh*t, i promise there is no other way. If you have decided you undertake the hard thinghs, you start this way, you have to be strong willed.

After these, you will be successfull, you can make money by the forex, DEFINIETLY. The minds of peoples need a goal and they achive it. You can see that is POSSIBLE, you can check by your own eyes the trading is working, some people – who has enough strenght- make a lot of money by trading. I want to show you to trade in a right way is possible, learnable! THIS IS MY GOAL BY THIS FORUM, BY THESE TRADES. You must see and belive the forex trading can be successfull! The first times you will have nothing else like the conviction, the conviction see you through defeats! After the initial difficulity you will learn the trading, you can make enough money easy way.

Never forget, the „EASY money making” comes after the HARD learning!!!



Visit me on facebook: https://www.facebook.com/pages/Traderprof/1396792113922374
Quoting TraderProf
Dear Friends, welcome to my thread! I have thing a long hours where is my forum place... I have decided to start here in the Trading System, because i hope i can help here the most to "newbie" to find the right way to success... The most important thing before the journey: If you wan't to be successful in this bussiness and you are ready to LEARN a lot, this thread is yours, elsewere it's just waste of time... The next pages you can learn everything what you need to make consistent money, just listen to whispering of the charts! What’s my goal by...
A new system is always wellcome,good luck in this tread,hope we can take advantage of some tips comming from a 12 years experient trader like you
  • Post #3
  • Quote
  • Edited Mar 11, 2014 1:55pm Mar 10, 2014 4:05pm | Edited Mar 11, 2014 1:55pm
About my trading system...

It’s the most hard question you can ask me. The trading (system) is like the painting… The painter can talk about her painting habits, her paintbrush, her paint what he used, about the geometry…etc for long hours if you want. BUT after at all you will be not a painter. You have to know about the geometry, paintbrush i mean it’s not the most important thing otherwise everybody will be a painter. The important part of painting the lines, the colors… etc, it have to do by YOURSELF. A painter can help you if he shows you some beautiful painting. I belive this way you can develop a new method of painting (trading) what is at least so successful. At first you try to copy the paints but after that you will know you can produce paints by your own way.

Let’s back the trading… At first I will talk about what is NOT my „system”: This is not a lot of well colored indicators. You have to delete almost all of them you don’t need them anymore. They are from the price they are slow and in late. Who talk about these they are not traders they are illusionist.

I can not say what’s my trading system exactly because there aren’t rules in stone. I try to explain what i am doing USUALLY (the usually and the sometimes will be the most common words):

Enter: I always thinking about support and resistance ZONES, never a specific price! If i will enter in a trade i marked a zone and in this zone I look for some price action. I pay attention the candles, the trendlines, the round numbers, fibonacci, etc… in this zone. I think the most people look for a specific price to enter but you have to think about S/R ZONEs. One of the most important thing is entering the trade. Don’t forget: If you get on the train in a correct way you will be closer to your destination like before that’s SURE. The enter levels are price ZONES these are the keys of the trading! I usually enter the trade by manual sometimes i use limit sell/buy.

Stop loss: My stop losses are 20-65 pips usually it depends on the market conditions.

Take profit: The take profit levels are 20-80 pips. I have more take profit levels (usually 2 TPs) I „feel” it is the end of a movement i close. The feeling is comes by the experience. At least i need a R/R=1/1. The first TP level is usually so many pips like the SL but as I told it no rules in stone… If the market doesn’t give more I take 0,8 RR. You have to improve your own skills to hear the whisper of market sometimes it’s better to close the position. Of course everybody have a lot of „wrong” decision nobody knows the future. Sometimes i quit to fast or too late… Don’t forget my fellow traders: In this bussiness are only ODDS!!!

Time fame: Mostly i look for the support and resistance zones in the 4 h chart, and my "action" chart is the 15 min or 30 min charts.

CAVE: One thing is the most important in this bussiness: Don’t give up too early!!! This is the key of success!!! At the first 8-20 months maybe you will feel you don’t know when to exit you don’t find the correct entry point in the zone, etc... After the practice it’s come by yourself.
Hi there,

well, what you just described is more/less what i am doing. I spot supply & demand zones and wait for some PA.
My SLs depend on the timeframe and the TPs are variable. I use to move my SL to b/e and then depending on the market i move it further or just TP.

Its all about practice i guess...
traderprof

excellent!
can't wait to learn from you
Subscribed!
I am not going to be left out
Hi traderprof

A new thread with a proven system is always welcome. Have subscribed, and will be learning.

Thanks.
good to hear that no indicator involve because all indicator are confusing the trader good luck
Following
put up a trade explorer so every one can see
  •  denozi
  • | Joined Aug 2012 | Status: trade with Patient & Discipline | 82 Posts
I am in and Subscribe.
I am a new 2 Forex- Your help would be greatly appreciated
Both of us have same mindset
I am in
-milkeyway
Here are my 2 trades...
Attached Image (click to enlarge)
Click to Enlarge Name: audjpym15.png Size: 35 KB
-milkeyway
I am impressed by your lots of Fibs chart.
You are the first one show us chart rather than the thread starter.
Quoting Balfx
I am impressed by your lots of Fibs chart. You are the first one show us chart rather than the thread starter.
Thanks. When you would give post in reply of someone, quote the post so the person to whom you replied can get notification on his profile.
-milkeyway
Subscribed ! Looking forward to learn something from you
Quote
Who talk about these they are not traders they are illusionist.

OH thanks god for your knowledges,
we, the stupid indicators users will can perhaps understand a little bit better the markets like you : our modest, omnipotent and omniscient god
subscribe
Quoting kumaramy
Here are my 2 trades... {image}
Update both SL moved to BE. Trade entry modified. When price bounced, 3rd Short entered and lowest short closed at BE.
Attached Image (click to enlarge)
Click to Enlarge Name: audjpym15.png Size: 28 KB
-milkeyway
0 traders viewing now