Who influenced/inspired you the most in your trading? | Forex Factory

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Who influenced/inspired you the most in your trading?

  • #1
  • First Post: Edited 7:55pm Jul 1, 2018 4:09pm | Edited 7:55pm
Starting this thread because I feel it is important to acknowledge those who have helped us on our Forex Trading Journey.
It also helps to remind us that we are not islands and often do not achieve things on our own. This keeps us level headed which is important for long term success.
We don't want to get full of ourselves now do we .

When reflecting on strategy, it was undoubtedly Bones who set the direction there.
https://www.forexfactory.com/bones
Looking at higher TF's for more accurate and stress free trading was a revelation that fitted well with me. I would usually not look past the 1 hr chart and would constantly get it wrong. I remember thinking the 4hr chart was such a waste of time, such a huge 50-60-80 pip SL needed, "what was the point" lol...

Now I rarely even glance at anything below the daily....

When reflecting on my Mindset and Money Management, it was Davit of Pivot Trading who showed the way.
https://www.forexfactory.com/showthread.php?t=588764
Setting myself monthly/quarterly goals and trading small lots, while allowing the trade room to move, has been instrumental in turning a sound strategy into profit this past 6 months. It has been an enormous help.
Before I decided to set goals and reduce my lot size, I would rarely think beyond how much I could make on my current trade. This meant my lot size was too big ( trying to maximise THIS trades profit), then when it retraced 50-60 pips against me, I would bail on the trade as I got got nervous, only to see it turn around not long after. My targets were also too big. I would try and squeeze every last pip out of every trade. I would "assume" it was going to a particular price. So many times however, after being 200 or so pips in profit, it would turn and I would end up losing (so frustrating). Now my targets are more realistic, I think longer term in terms of result and goals. and have reaped the benefits.

Thanks Bones and Davit, you guys have been a great help
Come with me if you want to live....
  • #2
  • Edited 3:18am Jul 2, 2018 3:04am | Edited 3:18am
Although I don't use his strategy, what I find particularly inspiring about Davits' trading is the extremely low drawdowns.
I can't remember seeing a drawdown from him of more than 7%, not in the last 12 months anyway, (not sure about before then).

I have even seen 0% drawdowns for a given reporting period.

A true professional

This is despite the ill-informed views of traders over here: https://www.forexfactory.com/showthr...4#post11220984
Come with me if you want to live....
  • #3
  • Jul 2, 2018 3:38am Jul 2, 2018 3:38am
For me the biggest influence was Mark Douglas and his take on trading psychology.

He made me stop worrying about any particular trade, no matter how perfect it might seem, because everything can happen.
Letting go of trying to predict is liberating. Instead I now think in probabilities and series of trades. Accepting that even the most "sure" or perfect trade could easily be a loser, and that it is not personal, allows me to execute my plan without fear or any unnecessary internal debate. Eventually my edge will play out in a long term and I don't need to know in what sequence of winners/losers it will be. All I need to do is execute without reservation or hesitation.

Inserted Video
  • #4
  • Jul 2, 2018 4:21am Jul 2, 2018 4:21am
Hi mate! Many of us were influenced by traders who are not in FF either before we joined FF or since joining. Are you limiting your thread to only 'influencers' in FF?

Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #5
  • Jul 2, 2018 4:35am Jul 2, 2018 4:35am
Quoting KeenPips
Hi mate! Many of us were influenced by traders who are not in FF either before we joined FF or since joining. Are you limiting your thread to only 'influencers' in FF? Trade safe and prosper. KP
Hi KP, no mate, anyone at all.
Look forward to hearing from you.
☺
Come with me if you want to live....
  • #6
  • Jul 2, 2018 4:40am Jul 2, 2018 4:40am
Good for the clarification. For the thorough approach of using top-down multi--time frame analysis, Paul Frank.

Trade safe and prosper.

KP

Quoting Ill-b-back
{quote} Hi KP, no mate, anyone at all. Look forward to hearing from you. ☺
Do your homework, follow the footprints of smart money
  • #7
  • Jul 2, 2018 5:47am Jul 2, 2018 5:47am
lol – you made my day: within so many years, you could not make it – and you won´t make it within the next seven years. but thankfully (forex facebook), you can easily start up thread #5 to hail another peanut (small = mini? micro?) trader. hopeless case…can´t wait for your mt4 performance„proof“ muahahahaha
fortis fortuna adiuvat
  • #8
  • Jul 2, 2018 6:26am Jul 2, 2018 6:26am
yesterday I was inspired by the crowd movement in the subway

green pips
Bottomless wonders spring from simple rules, which are repeated without end
  • #9
  • Jul 2, 2018 7:19am Jul 2, 2018 7:19am
Quoting deltaone
lol – you made my day: within so many years, you could not make it – and you won´t make it within the next seven years. but thankfully (forex facebook), you can easily start up thread #5 to hail another peanut (small = mini? micro?) trader. hopeless case…can´t wait for your mt4 performance„proof“ muahahahaha
You truly are a numbskull, jealous of Davits' results.
Now, get out of my thread you envious moron...
Come with me if you want to live....
  • #10
  • Jul 2, 2018 7:21am Jul 2, 2018 7:21am
Quoting limprobable
yesterday I was inspired by the crowd movement in the subway green pips
Hey, whatever works lol..
Come with me if you want to live....
  • #11
  • Jul 2, 2018 7:24am Jul 2, 2018 7:24am
Quoting KeenPips
Good for the clarification. For the thorough approach of using top-down multi--time frame analysis, Paul Frank. Trade safe and prosper. KP {quote}
Thanks KP. I'll find out more about him.
I love top down, use it every day/week
Come with me if you want to live....
  • #12
  • Edited 7:53am Jul 2, 2018 7:26am | Edited 7:53am
Quoting jonivaio
For me the biggest influence was Mark Douglas and his take on trading psychology. He made me stop worrying about any particular trade, no matter how perfect it might seem, because everything can happen. Letting go of trying to predict is liberating. Instead I now think in probabilities and series of trades. Accepting that even the most "sure" or perfect trade could easily be a loser, and that it is not personal, allows me to execute my plan without fear or any unnecessary internal debate. Eventually my edge will play out in a long term and I don't...
That's awesome, heard a lot about him but never investigated.
Will get onto it.
Thx very much for the video
Come with me if you want to live....
  • #13
  • Jul 2, 2018 8:28am Jul 2, 2018 8:28am
Just sitting next to other traders, and talking to people about their own accounts 9 hours a day during the Euro session helped me mature a lot as a trader as well for sure.

Having someone else who knows what they are doing you can chat with, and get differing opinions on has massive value - so much so I had even considered setting up an office space specifically for traders so they can get the benefit of it.
  • #14
  • Jul 2, 2018 3:46pm Jul 2, 2018 3:46pm
Quoting Ill-b-back
{quote} You truly are a numbskull, jealous of Davits' results. Now, get out of my thread you envious moron...
What the F is wrong with you.... How can anyone be jealous of someone who trades little micro lots and still goes to work.... Jeez this place gets worse.

The average I.Q in this forum is less then 50.

Who influenced/inspired you the most in your trading? And you say Davit.....

His system might be O.K... Yes, I said it but it's the person.... A mega poster and wanting the followers and the likes.... Blocks anyone who questions anything..

Then goes to work..
The most violent element in society is IGNORANCE
  • #15
  • Edited 4:22pm Jul 2, 2018 4:04pm | Edited 4:22pm
Quoting neilsdigest
{quote} What the F is wrong with you.... How can anyone be jealous of someone who trades little micro lots and still goes to work.... Jeez this place gets worse. The average I.Q in this forum is less then 50. Who influenced/inspired you the most in your trading? And you say Davit..... His system might be O.K... Yes, I said it but it's the person.... A mega poster and wanting the followers and the likes.... Blocks anyone who questions anything.. Then goes to work..
Because he shows more than any of you guys do in terms of how he trades, and his results.
You conveniently decide to focus on his micro lot trade sizes and ignore the fact he makes many of these cumulative micro lot size trade entries for each trading decision,which together, add up to larger positions.

You also conveniently ignore that he made $9000 last month, which is $9000 more than any of you lot have shown.

I get it, you don't like the way he manages his thread, he kicked out your friend VEEFX ( a little harshly I agree), and now his butt hurts and he's still emotional about it.
He really should man up and just get over it by now though.

You say he only shows winners. In terms of individual trade outcomes, it seems true, he does.
But he shows that he takes losses in his statement results.

Why does this bother you? hmmm.....

Someone should tell VEEFX (and others) they shouldn't say things when they are upset or angry, because we say the most ridiculous things when we are emotional. Didn't his mum ever tell him that?

All these presumptions about Davit, his results, his art etc.....

You guys don't know how childish and ridiculous you all sound in your thread. It's like reading the verbal outrage of a 12 year old....

And you talk about love and peace???? Please, don't make me laugh, I've never read such vindictive garbage before as what I see you guys type about Davit.
Come with me if you want to live....
  • #16
  • Jul 2, 2018 4:08pm Jul 2, 2018 4:08pm
Quoting deltaone
lol – you made my day: within so many years, you could not make it – and you won´t make it within the next seven years. but thankfully (forex facebook), you can easily start up thread #5 to hail another peanut (small = mini? micro?) trader. hopeless case…can´t wait for your mt4 performance„proof“ muahahahaha
Can't wait for my performance proof?
What are you on about?

It's all in my journal, published each month this year.
Come with me if you want to live....
  • #17
  • Jul 2, 2018 4:29pm Jul 2, 2018 4:29pm
$9000 then why still go to work...

I made 30K in my last month before I gave it all up... I don't have to work.. He should just concentrate on his trading and not go round disliking all my posts.
He might learn a bit if he read some off my posts and not just instantly disliking them. I worked for Barclays Investment bank... I know what they do and how they do it on a day to day basis.. I know how they pry and trap the retail trader.. The company makes billions a year of little people. They love forums like this.

No one is ever going to succeed here. WHY? Because its based on the same thing.. Retail traps.

I follow no one. I don't care who they are. See my profile. I follow no one. Never have and never will..

Any way I'm out of here again.. I have a life now to do what I want, when I want.

Have a great day
The most violent element in society is IGNORANCE
  • #18
  • Jul 2, 2018 4:54pm Jul 2, 2018 4:54pm
Quoting neilsdigest
$9000 then why still go to work... I made 30K in my last month before I gave it all up... I don't have to work.. He should just concentrate on his trading and not go round disliking all my posts. He might learn a bit if he read some off my posts and not just instantly disliking them. I worked for Barclays Investment bank... I know what they do and how they do it on a day to day basis.. I know how they pry and trap the retail trader.. The company makes billions a year of little people. They love forums like this. No one is ever going to succeed here....
You're still mindlessly harping on about why he goes to work.

He has said that when he reaches 100K equity he will feel more comfortable about quitting his job and trading fulltime.

This very statement of his has been copied and pasted into your own thread and I even drew your attention to it.

yet you are still asking why he goes to work???

Are you being serious?

It's probably best you stop wasting your time in here, as you are also starting to look really stupid.

Don't let the door hit you on the way out....
Come with me if you want to live....
  • #19
  • Jul 2, 2018 5:08pm Jul 2, 2018 5:08pm
Quoting Ill-b-back
{quote} You're still mindlessly harping on about why he goes to work. He has said that when he reaches 100K equity he will feel more comfortable about quitting his job and trading fulltime. This very statement of his has been copied and pasted into your own thread and I even drew your attention to it. yet you are still asking why he goes to work??? Are you being serious? It's probably best you stop wasting your time in here, as you are also starting to look really stupid. Don't let the door hit you on the way out....
OMG why do you follow the guy.... It's you who are looking stupid.. The blind leading the blind again.

The first thing you should learn in forex is "Do the exact opposite of what every one else is doing"

Anyway not wasting anymore time with you and the cult leader.. And this cesspit of a forum.
The most violent element in society is IGNORANCE
  • #20
  • Jul 2, 2018 5:34pm Jul 2, 2018 5:34pm
Quoting neilsdigest
{quote} OMG why do you follow the guy.... It's you who are looking stupid.. The blind leading the blind again. The first thing you should learn in forex is "Do the exact opposite of what every one else is doing" Anyway not wasting anymore time with you and the cult leader.. And this cesspit of a forum.
Ha ha ha, I said in my post above, I don't use his strategy. At times I do actually do the opposite lol....

I implore you, please, take your own advice and just leave. With every post, you seem to just make a bigger fool of yourself.
Come with me if you want to live....
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