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Buy low sell high with the trend

  • #21
  • Feb 14, 2018 4:47am Feb 14, 2018 4:47am
For reasons of practical application there is a need for a synthetic language of trading. On other words, there is a need to define what happens in the charts and put words, numbers or other symbols to it (Yes, words are sound-symbols). There is a need to define this language in as exact terms as possible, as easy to understand as possible. This is actually a lot easier to do then it is to define concepts and emotions in reality, such as "Freedom", "Love", "Intelligence" to name a few. Thats because in trading there is just two dimensions, in reality there is a near infinite amount of dimensions (when emotions, concepts and experiences and so on are included).

So therefore i say:

Price should be defined in one of three "modes".

Trend

Range

Trend reverse

More about that later.
My signature is: "Classified".
  • #22
  • Feb 15, 2018 3:01pm Feb 15, 2018 3:01pm
The "why" as in internal logic, not external reasons (fundamentals).
Meaning some people, lets call them "Ordinary" have these word they call "random" or "luck" and things like that.
Like leaves blowing in the wind.
Are they affected by this "random"?
"Ordinary" people say yes.
I say no.
If you collect a large enough set of data and apply an adequate way of presenting the data, patterns will emerge.
Otherwise... well... there would be no babies and no stars and no hydrogen and no animals and blah blah.
And price would be "random".
And there would be no ranges and no trends and no reversals.
And every morning you would do something random like take a chainsaw and cut off your foot and then eat cereal using a flamethrower.
At parties people would be making out, then stabbing each other with knifes, then painting the walls.
My signature is: "Classified".
  • #23
  • Feb 17, 2018 10:44am Feb 17, 2018 10:44am
Ok, because the gods deemed it so (or something like that):
Monday: Start trading at 9-10 AM London time. I will make an explorer.
Tuesday: Trading all day.
Wednesday: Trading until lunch and then rock band practice.
Thursday: Trading until 3 PM and then go work with disabled people.
Friday: Working with disabled people until lunch, then trading end of friday session. Not sure if there will be any trades though.

I might have open positions when i go to band practice or work, but i will bring my computer and a mobile modem, so things might get a little iffy at those times.

Next week i will concentrate on strategic trading. Meaning im not trying to catch ONE move and i wont use ONE position. I will sort of try to gauge the general mood of the market and go with that, sort of.

Each position will have a leverage of 2. This is pretty much tried and retried and calculated on data lets say since 2008.
Probably i wont use more then say 4 positions, meanings i wont go any higher then leverage 8. This is also precalculated. If thought there was any better way to do it, i would. Meaning if i thought it was a good idea to use lets say leverage 10 and just one position, i would.
And then lets see what happens. I might get a completely other idea and just change my mind, or some event might change circumstances.

If there is no completely strange thing that happend during the weekend i will buy on monday. Preferably at what seems like SR.
My signature is: "Classified".
  • #24
  • Edited 1:01am Feb 19, 2018 12:30am | Edited 1:01am
Explorer is live.
And like i said i bought.
Ill keep that one for todays session probably.
If it drops more i will buy at the next sign of SR.
Oh i closed that first buy and opened a new to get the explorer started.
TP 119 pips
SL 266 pips
SL and TP are mostly backup functions, IF there is a fire and/or a riot as well as general end times with raining sulphur and burning giants and so forth, THEN its nice to have a SL and TP.
My signature is: "Classified".
  • #25
  • Feb 19, 2018 3:01am Feb 19, 2018 3:01am
Almost time for another buy, depends on how M5 turns out...
Seems like the sellers have a hard time getting it lower...
My signature is: "Classified".
  • #26
  • Feb 19, 2018 4:51am Feb 19, 2018 4:51am
As long as you will not post a simple (and non-profitable)system like "buy when green arrow appear, sell this indicator colour change" peoples will not get interested.
Peoples are brainwashed thinking that trading is so simple. So so simple. By brokers , by aggresive advertisements, "it's eeasy, just buy and sell and become a millionaire over night by trading forex" , the internet is full of such stuffs.
Money moves the market, not an indicator.
  • #27
  • Feb 19, 2018 6:17am Feb 19, 2018 6:17am
Quoting andoseg2
As long as you will not post a simple (and non-profitable)system like "buy when green arrow appear, sell this indicator colour change" peoples will not get interested. Peoples are brainwashed thinking that trading is so simple. So so simple. By brokers , by aggresive advertisements, "it's eeasy, just buy and sell and become a millionaire over night by trading forex" , the internet is full of such stuffs.
I generally agree. There are uuhh... 2-3 people though, and i mean 2 or 3 people that i know that MIGHT read it and go: "Hmm thats kinda like i was thinking..." and they read it and then MAYBE someday they have some fun about it.
My signature is: "Classified".
  • #28
  • Feb 19, 2018 9:43am Feb 19, 2018 9:43am
Half a percent. Thats it for today folks.
My signature is: "Classified".
  • #29
  • Feb 22, 2018 6:31am Feb 22, 2018 6:31am
argh -4.7%
My signature is: "Classified".
  • #30
  • Edited 4:56am Mar 1, 2018 12:09am | Edited 4:56am
Attached Image (click to enlarge)
Click to Enlarge Name: fucking trading instructions.jpg Size: 419 KB

I hope my descriptions here are very full and... uuh... lively and that you really get the GIST and the geist of what im trying to convey here.
If there is any question about any of the trading rules i will be happy to work my ass off for nothing just to answer youre questions even though you sort of started trading like yesterday and never really felt like you had to work hard to achieve anything in life.
My signature is: "Classified".
  • #31
  • Mar 1, 2018 7:50am Mar 1, 2018 7:50am
Quoting yaed
Explorer is live. And like i said i bought. Ill keep that one for todays session probably. If it drops more i will buy at the next sign of SR. Oh i closed that first buy and opened a new to get the explorer started. TP 119 pips SL 266 pips SL and TP are mostly backup functions, IF there is a fire and/or a riot as well as general end times with raining sulphur and burning giants and so forth, THEN its nice to have a SL and TP.
Interesting thread. Looking forward to following your journey. Quick question though. Why do you hide your account balance? I always wonder why people are fine showing their trades but yet afraid to show their account balance. I just ask because returns only give part of the performance picture. Balance growth is another part.
  • #32
  • Mar 1, 2018 10:20am Mar 1, 2018 10:20am
Quoting Madinvestor
{quote} Interesting thread. Looking forward to following your journey. Quick question though. Why do you hide your account balance? I always wonder why people are fine showing their trades but yet afraid to show their account balance. I just ask because returns only give part of the performance picture. Balance growth is another part.
Erh well you can see balance growth, in %
There are several reasons, many of which i prefer not to talk about in public.
One reason i CAN talk about is that people lets say employers, my family, friends, banks, governments and a few general dorks get all their panties in a twist when they see dollar signs going "WOSH!" They start thinking about power and sex and cars and what not and its almost impossible to get them to look at the beauty of trading, the technical aspect. The math. The flow. The numbers.

Furthermore, this thread is NOT AT ALL about money. I will never start a thread about money. I dont care much about money. Money is really boring bits in databases. If i started trading JUST for the money, oh i would get nowhere. I would have blown my accounts and just continued with the other stuff i do. Its SOOOO much bigger then money. Money is just a little aspect of it: A state of being that knowledge moves through at a certain point.

What im trying to say is: Im trying to make it so it doesnt matter to my trading if its 1.000$ or 1.000.000 in the account. I dont close a trade based on what the balance says in nominal terms. If i thought like that i would have blown my accounts long time ago.
My signature is: "Classified".
  • #33
  • Mar 1, 2018 1:41pm Mar 1, 2018 1:41pm
Buying tomorrow.
And also go to kindergarden in the morning. And do laundry (I got a BIIIIG old pile). And drive through the forest with my son. And go see my brother. And go see people at the place where i go and see people some times.
My signature is: "Classified".
  • #34
  • Mar 1, 2018 8:07pm Mar 1, 2018 8:07pm
Quoting Madinvestor
{quote} Interesting thread. Looking forward to following your journey. Quick question though. Why do you hide your account balance? I always wonder why people are fine showing their trades but yet afraid to show their account balance. I just ask because returns only give part of the performance picture. Balance growth is another part.
Thank you for your transparent TE...win or lose ..
always appreciate a totally honest presentation.
Imho u r distracted and blindsided by trading too many pairs. Majors and crosses are totally different animals and should be tackled differently and separately. Hope u don't mind my unsolicited comments.

Wish you success in finding what you seek.

Cheers
GS
  • #35
  • Mar 2, 2018 2:06am Mar 2, 2018 2:06am
Quoting genghistar
{quote} Thank you for your transparent TE...win or lose .. always appreciate a totally honest presentation. Imho u r distracted and blindsided by trading too many pairs. Majors and crosses are totally different animals and should be tackled differently and separately. Hope u don't mind my unsolicited comments. Wish you success in finding what you seek. Cheers GS
Oh i dont seek anymore. I found it.
I traded Eur/gbp for a bit and i have had some good experience trading 6 pairs at the same time.
But mathematically there is no reason to. You spread the risks but you spread the profits just as much.
My signature is: "Classified".
  • #36
  • Mar 2, 2018 2:26am Mar 2, 2018 2:26am
Quoting yaed
{quote} Oh i dont seek anymore. I found it. I traded Eur/gbp for a bit and i have had some good experience trading 6 pairs at the same time. But mathematically there is no reason to. You spread the risks but you spread the profits just as much.
Well it's good to hear you said you have found success in your trading and no further need to seek anymore...
May you prosper always...Meanwhile I will leave you alone to reap all the forex wealths.

Cheers
GS
  • #37
  • Mar 2, 2018 5:03pm Mar 2, 2018 5:03pm
Sr Areas are dense with orders. Orders are generally 50/50. But if an order dense area, Aka SR, gets broken quickly, everybody sees that. Guess what happens? Do youre homework. Look it up. The data is there.
Attached Image (click to enlarge)
Click to Enlarge Name: sr map.jpg Size: 198 KB

So for instence, the black thicker lnes are DENSE with orders. That doenst mean it will turn the other way there, but WHAT EVER happens there its going to set the trend for some time. See?
My signature is: "Classified".
  • #38
  • Mar 2, 2018 5:07pm Mar 2, 2018 5:07pm
Raising leverage on monday.
Lowering amount of positions. I want to be comfortable with one.
Generally like SL management...
With the leverage i was using.

-0.25% Of total account. Starting to seem like i didnt quite get in at a good time.

-0.5% Of total account. Thats a good normal daily income. If im doing that in loss, probably best to be VERY cautious with more then that.
My signature is: "Classified".
  • #39
  • Mar 5, 2018 12:17pm Mar 5, 2018 12:17pm
Tomorrow i think i will stick with one position. Leverage 4.
My signature is: "Classified".
  • #40
  • Mar 5, 2018 6:40pm Mar 5, 2018 6:40pm
Quoting genghistar
{quote} Thank you for your transparent TE...win or lose .. always appreciate a totally honest presentation. Imho u r distracted and blindsided by trading too many pairs. Majors and crosses are totally different animals and should be tackled differently and separately. Hope u don't mind my unsolicited comments. Wish you success in finding what you seek. Cheers GS
Yeah thanks. This is what remains of an account I actually almost blew up. I am experimenting with a strategy right now that, like you said, trades all pairs. I am not sure if it will end that way, but I am seeing what works and what does not at the moment. It is definitely my first time trading exotics. I am going to try and grow it from nothing and see where it goes no matter how long it takes. I am in no rush. Impatience has hurt me badly in the past. Thanks for the well wishes and good luck to you as well!
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