Trading Made Simple | Page 4166 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

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

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #83,301
  • Nov 9, 2017 2:34pm Nov 9, 2017 2:34pm
Quoting deltaone
{quote} best prove are those drawdowns you mentioned, followed by silence and soap stories
Quoting lisat
{quote} Try reading the post again. What I said was they don't care what they use to make money nothing about drawdown at all with regard to that.
Then you should try to read deltaone's post again because he was referring to the drawdown and you answered with this obviousness about pivots
and
I think most here can figure that out, without living with a 'prop trader' lol

It's obvious they don't care the what, but it seems according to Merlin they do care the how.

Quoting lisat
{quote} when all along they are suffering worse drawdown. Surely anyone with half a brain can see the irony?
LoL what someone with half a brain can see is that you came up with this statement out of your own imagination.

Here the trader's whole capital is not allocated only with one broker.

And there are two models: Insurance and Lottery.

In Insurance model there are:

1. Allocated amount of trading capital for trading each currency pair.
2. Technical stop loss.
3. %Risk and Position Sizing.
4. Minimum Take Profit and Profit Lock.

In Lottery model, basically the capital deposited in the account is the stop loss and the take profit is whatever the market will give us.

I think what Emmanuel has been criticizing about Pivot Cheerleader is not the amount of his drawdown
(we know he trades with very small Oanda lots),
but its duration,
according to Emmanuel, Davit waits weeks or months until he closes his trades with some gains showing lots of micro pips won but the money earned $ is lower than the floating losses he may have suffered.


P.S:

I am on your ignore list, I thought you were to supposed to ignore my posts...

Anyway I came to my own conclusion here: https://www.forexfactory.com/showthr...9#post10299999
  • #83,302
  • Nov 9, 2017 2:44pm Nov 9, 2017 2:44pm
Quoting Mundo
I have a PhD in Counseling so I can read into people more than I desire to do so. Which is why I decided to post here. I found that with Davit, his helpful insights and his Pivots method I have been able to say that now I can trade. It might not work for some because it might not be perfect, pretty or just simply he is a loser for not showing anything he, in reality, does not have to do. I don't have a TE either nor will I post it...But you are all welcome to come to my Bar in Puerto Vallarta, Mexico which was paid for with profits from using his...
What I think is you're using Davit's method to launder some white trading lol

By the way you should consider decorating the place with some of Davit's pieces of art:

Quoting Davit
{quote}I have painted over 1000 works from live models nude!!! (ohh gash)so to me human form is natural as breathing therefore please keep your reservations projections to yourself.
Regards.

  • #83,303
  • Nov 9, 2017 2:56pm Nov 9, 2017 2:56pm
Quoting Black
{quote} I think what Emmanuel has been criticizing about Pivot Cheerleader is not the amount of his drawdown (we know he trades with very small Oanda lots), but its duration, according to Emmanuel, Davit waits weeks or months until he closes his trades with some gains showing lots of micro pips won but the money earned $ is lower than the floating losses he may have suffered. P.S: I am on your ignore list, I thought you were to supposed to ignore my posts... Anyway I came to my own conclusion...
Your first mistake is listening to anything Emmanuel says.

Those long DD's never happen.
Trade with confidence, trade without fear.
  • #83,304
  • Nov 9, 2017 3:08pm Nov 9, 2017 3:08pm
Quoting Cryptosurf
{quote} Your first mistake is listening to anything Emmanuel says. Those long DD's never happen.
Hello thanks.

That's why I wrote: according to Emmanuel.

I assume to come to those conclusions, he must have studied Davit's method in depth.

Anyway, I don't want to be in the middle of this argument, so I will just move on.

As I stated in the link I sent to lisat, I prefer a single net position to avoid the floating drawdown.

Good luck to all of you!
  • #83,305
  • Nov 9, 2017 3:20pm Nov 9, 2017 3:20pm
Quoting Black
{quote} Hello thanks. That's why I wrote: according to Emmanuel. I assume to come to those conclusions, he must have studied Davit's method in depth. Anyway, I don't want to be in the middle of this argument, so I will just move on. As I stated in the link I sent to lisat, I prefer a single net position to avoid the floating drawdown. Good luck to all of you!
And to that he did absolutely not.

Ever
Trade with confidence, trade without fear.
  • #83,306
  • Nov 9, 2017 3:59pm Nov 9, 2017 3:59pm
Quoting Black
{quote} {quote} Then you should try to read deltaone's post again because he was referring to the drawdown and you answered with this obviousness about pivots and I think most here can figure that out, without living with a 'prop trader' lol It's obvious they don't care the what, but it seems according to Merlin they do care the how. {quote} LoL what someone with half a brain can see is that you came up with this statement out of your own imagination. Here the trader's whole capital is not allocated only with one broker. And there are two models:...
Sorry but his post was a personal attack on Davit as usual on this thread. I put you and Emmanuel both on ignore because then I can choose what I want to read and what not to. it makes it much easier and quicker to read the thread. Seems I made the right decision.
Success means going from failure to failure without loss of enthusiasm
  • #83,307
  • Nov 9, 2017 4:11pm Nov 9, 2017 4:11pm
Quoting Black
{quote} {quote} Then you should try to read deltaone's post again because he was referring to the drawdown and you answered with this obviousness about pivots and I think most here can figure that out, without living with a 'prop trader' lol It's obvious they don't care the what, but it seems according to Merlin they do care the how. {quote} LoL what someone with half a brain can see is that you came up with this statement out of your own imagination. Here the trader's whole capital is not allocated only with one broker. And there are two models:...
right you are, Black:

itīs all about the DD. i never critizied the used pivots, itīs just about risk. i really do not much care of chearleaders proclaiming "we live together" statements.
i know what i know from internal risk management in a bank. might have been different 20 years ago ("retired"...) might be different if youīre trading from vanuatu, seychelles or something like that. but now, from a well regulated, important bank, thereīs no way doing so.

he posted once a chart with a drawdown of -20% within a few days - totally unacceptable. what do those guys think what will happen if an insti would show that kind of result to a client? "youīre fired!" the really wealthy donīt wanīt to reach two-digit performance p.a. as a first order condition.
f.o.c.: r > 0 anything other is retail-nonsense.

forex facebook style members might donīt like it, but i donīt care

all the best
d1
fortis fortuna adiuvat
  • #83,308
  • Edited 5:02pm Nov 9, 2017 4:29pm | Edited 5:02pm
I have to say that I did try Davit's method for a short while (and many other methods), maybe too short, and I did not get good results. Does that make his method or the pivots a bad thing? Of course not, because you cannot tell a person that what he is doing is wrong, if he gets the desired results. I am happy for everyone who trades pivots and makes money with them. But there are also people who make money with TMS, be it the money management method called MEME or not. I just want to learn more from the charts posted here, but instead, I am somewhat compelled to read about all this nonsense for the last pages. It is a waste of time, and time is valuable to me.

Emm has NEVER EVER asked for anything else than to just put efforts into understanding the way he trades. If he had asked me for anything else for all the times I sent him PMs (and all of them got answered-FOR FREE), I would have stated it. I do not approve the way he makes many references to Davit and his pivot method, but then again, who am I to approve anything? I am just here to learn more from his charts and explanations. They are two traders who do well trading their own method.

My question is: if Emm left this thread and started his own, do you think it would survive? The same way Pips29 kept LE1's thread alive with his posts, the same way Emm is keeping this one alive. If he left, would you come here and trade and post charts about the original Big E's method? If you would, then why not do it right now? What or who stops you? Everyone is free to post here and, in all honesty, I would love to see some charts with the original method. Dimi's charts rocked! Too bad he doesn't post here anymore.

Please, do not feel free to reply to this post, because I will not answer to anyone! I have already lost valuable time writing it, but I just felt the need to express a personal opinion.
  • #83,309
  • Nov 9, 2017 5:47pm Nov 9, 2017 5:47pm
Hi Catalin Eros.

Excellent post and I agree 100%. Funny how some people appear when it’s holiday time for a certain member.
Trading thin liquidity at the boundary of the charts
  • #83,310
  • Edited 6:32pm Nov 9, 2017 6:09pm | Edited 6:32pm
Quoting deltaone
{quote} right you are, Black: itīs all about the DD. i never critizied the used pivots,
Except that you did.

Quoting deltaone
1) no prop trader in a bank would be allowed to trade that way. he would be fired. 2) if it would be a commercial product, it would be forbidden in germany for retail clients.
Professional traders have trading been pivots for decades. Its an old floor trading technique and plenty of prop traders use pivots.

Davit didn't create his own "pivots". His technique uses Fibonacci Pivots. One of many Pivot styles.

In fact it appears you use Pivots as well:
Quoting deltaone
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: Deltaone.PNG Size: 182 KB


Quoting deltaone
i really do not much care of chearleaders proclaiming "we live together" statements.
Its ironic you make that statement from within this largest FF cult thread. Apparently self awareness runs thin with you lot.

Quoting deltaone
i know what i know from internal risk management in a bank. might have been different 20 years ago ("retired"...) might be different if youīre trading from vanuatu, seychelles or something like that. but now, from a well regulated, important bank, thereīs no way doing so. he posted once a chart with a drawdown of -20% within a few days - totally unacceptable. what do those guys think what will happen if an insti would show that kind of result to a client? "youīre fired!" the really wealthy donīt wanīt to reach two-digit performance p.a. as a first...
You might want to scroll up to see evidence of your boy Emmanual getting washed out.
Trade with confidence, trade without fear.
  • #83,311
  • Nov 9, 2017 6:33pm Nov 9, 2017 6:33pm
Quoting Cryptosurf
{quote} Except that you did. {quote} Professional traders have trading been pivots for decades. Its an old floor trading technique and plenty of prop traders use pivots. Davit didn't create his own "pivots". His technique uses Fibonacci Pivots. One of many Pivot styles. {quote} Its ironic you make that statement from within this largest FF cult thread. Apparently self awareness runs thin with you lot. {quote} You might want to scroll up to see evidence of your boy Emmanual getting washed out.
ad 1) thatīs a fabrication, my dear. show me any post of mine i did so. you canīt - chearleader... it does not need YOU to tell me what floor traders do/did.
ad 2) if you want to take the trades he do, feel free to do so. your fixation on the method you described tells me more than you like to.
ad 3) q.e.d.: itīs a cult, and you are a believer. you are so hopeless...
ad 4) i never ever said something about Emmanual, thatīs another fabrication.

you are such a little brainless liar with so obvious fabrications, i ask you to comment my posts in the future, PLEASE. just for the fun of it, i like the blood of a pied piper follower dripping from my boots...
Attached Image (click to enlarge)
Click to Enlarge Name: Rattenfaenger_1.jpg Size: 298 KB
fortis fortuna adiuvat
  • #83,312
  • Nov 9, 2017 6:41pm Nov 9, 2017 6:41pm
you have been trying to post your lies to the wrong one, my dear:

"Wir (...) fürchten Gott, sonst niemanden auf der Welt!"

cu soon
fortis fortuna adiuvat
  • #83,313
  • Nov 9, 2017 7:14pm Nov 9, 2017 7:14pm
@crippled surf: if you want to dance with me, stop lying. even your cult-leader does not do the same. some people are born clients...
fortis fortuna adiuvat
  • #83,314
  • Nov 9, 2017 7:21pm Nov 9, 2017 7:21pm
i think you and yours have the dunning-kruger-effect. so sad
fortis fortuna adiuvat
  • #83,315
  • Nov 9, 2017 7:27pm Nov 9, 2017 7:27pm
Please does anyone here use FXChoice broker? If yes, please what has been your experience in terms of trading and withdrawal process. This is very important to me right now. Thank you.
  • #83,316
  • Nov 9, 2017 7:47pm Nov 9, 2017 7:47pm
Quoting mercie
Please does anyone here use FXChoice broker? If yes, please what has been your experience in terms of trading and withdrawal process. This is very important to me right now. Thank you.
I used FXChoice for about 2 years. Withdrawals were fine. Server performance and service is fine. I didn't have any issues.
  • #83,317
  • Nov 9, 2017 7:58pm Nov 9, 2017 7:58pm
Quoting trader248
{quote} I used FXChoice for about 2 years. Withdrawals were fine. Server performance and service is fine. I didn't have any issues.

Thank you so much. I really appreciate your response. God bless!
  • #83,318
  • Nov 10, 2017 1:32am Nov 10, 2017 1:32am
Emm, I have noticed that you have stopped posting. You normally post daily. I will assume you are not hiding out and waiting for things to cool off, because I know the innocent does not do this if they feel wronged. I will assume that you are not feeling well and I hope you feel better soon.
If you are good at something, never do it for free--Joker
  • #83,319
  • Nov 10, 2017 2:08am Nov 10, 2017 2:08am
Quoting Black
{quote} What I think is you're using Davit's method to launder some white trading lol
Not...lol

Quoting Black
{quote} By the way you should consider decorating the place with some of Davit's pieces of art: {quote} Regards.
Thanks for the great idea since we have an event called "Martes de Artes" for artists...lol

The world is beautiful, but the human defile its beauty.

Very fitting...

Regards
Invest in Life
  • #83,320
  • Nov 10, 2017 4:59am Nov 10, 2017 4:59am
Quoting RickM
Funny how some people appear when it’s holiday time for a certain member.
Holiday and Tactical Withdrawal are very different. It is like the difference between pedophilia and philadelphia.

Quoting jmn5611
Emm, I have noticed that you have stopped posting. You normally post daily. I will assume you are not hiding out and waiting for things to cool off
71 traders viewing now