The Oracle Thread- Specify your current trading problem | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How do I specify trading hours for my EA? 32 replies

Running MT4 on Oracle VirtualBox reliably? 0 replies

How to specify to EA not to open new trades after London close 2 replies

Is there a Period Separator Indicator where I can Specify Start and End Time? 2 replies

How do I specify OrderopenPrice for two separate pairs? 2 replies

Attachments: The Oracle Thread- Specify your current trading problem
Exit Attachments

The Oracle Thread- Specify your current trading problem

  • #21
  • Aug 22, 2018 9:30am Aug 22, 2018 9:30am
Thanks for answering. But If you are not going to help us telling what you do I don't know how you can be of any help
  • #22
  • Aug 22, 2018 9:50am Aug 22, 2018 9:50am
Quoting emicovi
Thanks for answering. But If you are not going to help us telling what you do I don't know how you can be of any help
well its kind of a take it or leave it proposition. I bear no ill will if you stopped contributing, in fact Im already a little bored here.
  • #23
  • Aug 22, 2018 10:40am Aug 22, 2018 10:40am
Thank you for sharing some of your trades. Here is what is confusing and seemingly contradictory:

In the attached picture it looks like your stop was bigger than your eventual profit. Thought in an earlier post you said stop could be as big as 4X the profit potential and that you needed an extremely high win rate to be successful. You also state that you win 6/10 or 60% of the time. Not sure how you can be profitable with a 60% win rate and stops 4X profits?

These are sincere points and questions. Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: FX.jpg Size: 146 KB
  • #24
  • Edited 12:58pm Aug 22, 2018 10:57am | Edited 12:58pm
Sure, I can see the confusion.

We were talking about scalping. The trades I showed were obviously not scalping.
  • #25
  • Edited 12:59pm Aug 22, 2018 11:00am | Edited 12:59pm
actually that trade was a close call, the price made it to 1.4 pips of my stop, but thats no surprise since its designed based on the tightest, closest stop, so I often get those close calls.
  • #26
  • Aug 22, 2018 11:07am Aug 22, 2018 11:07am
Quoting richyRich27
Sure, I can see the confusion. We were talking about scalping. The trades I showed were obviously not scalping. The 25 pip strategy has a stop loss approximately the same size as the win because I designed it to reap the most amount of winners. That and the 28 pip stop is easily retrieved in the next trade, keeping me constantly in the game. And my losses are not 28 pips every loss. That is a catastrophic loss that happens 2 to 3 times per month. The average loss including the 28's is about 12 pips while the wins are a constant 25 I also have a...

Thank you.

Do you use indicators or a completely naked chart like in your posts?
  • #27
  • Aug 22, 2018 11:17am Aug 22, 2018 11:17am
I trade the velocity of the money, no indicators, just price.

assuming all facts are checked and confirmed, would you pay $12000USD to trade like this?
  • #28
  • Aug 22, 2018 11:33am Aug 22, 2018 11:33am
Quoting richyRich27
I trade the velocity of the money, no indicators, just price. assuming all facts are checked and confirmed, would you pay $12000USD to trade like this?

Not sure what you are asking; however, I would never pay anyone for their 'system'. #1 I am profitable, #2 anyone that is profitable would have zero desire to sell their system unless it was for possibly USD $50 million or whatever they deemed necessary to live the life they want and to never have to trade again. If profitable, don't waste time trying to sell a system and the hassle that comes along with it, simply trade and increase size / compound gains until you cannot stomach it anymore or until you are creating slippage (highly unlikely).
  • #29
  • Aug 22, 2018 11:34am Aug 22, 2018 11:34am
what would I care about 12,000 bucks right?


well I dont, I wouldnt do it. But, if we had a 100 strong cartel of takers, where I broke off a quick million, to a select group, (who have signed all the waivers, non disclosures and support limitation docs)

Sure, Id do that.
  • #30
  • Aug 22, 2018 11:40am Aug 22, 2018 11:40am
Quoting richyRich27
what would I care about 12,000 bucks right? well I dont, I wouldnt do it. But, if we had a 100 strong cartel of takers, where I broke off a quick million, to a select group, (who have signed all the waivers, non disclosures and support limitation docs) Sure, Id do that.
Which makes me think you don't have a system as you say. $1 million for a system that makes 25 pips daily is almost priceless - $1 million? Not a chance.
  • #31
  • Aug 22, 2018 11:44am Aug 22, 2018 11:44am
You seem to want it for free. So whats 12k eh?
  • #32
  • Aug 22, 2018 11:51am Aug 22, 2018 11:51am
Quoting richyRich27
You seem to want it for free. So whats 12k eh?
I actually never asked for your system, I began a conversation with you where you asked me questions, I responded and I asked you questions and you responded (none of which was asking you to give me your system) until reaching this point where you kind of seemed to test out a $12k price for your system and I declined based on answers that I gave above.


Think this thread may be done.
  • #33
  • Aug 22, 2018 12:02pm Aug 22, 2018 12:02pm
So...I've upset you princess?
  • #34
  • Aug 22, 2018 12:12pm Aug 22, 2018 12:12pm
Quoting richyRich27
So...I've upset you princess?

Prince, and I can assure you I am not upset.
  • #35
  • Aug 22, 2018 12:27pm Aug 22, 2018 12:27pm
Quoting SunSaltwater
{quote} Prince, and I can assure you I am not upset.
ok ...with all due respect prince, can that be your last post here. see you round the forums. thanks champ.
  • #36
  • Aug 22, 2018 1:00pm Aug 22, 2018 1:00pm
Quoting richyRich27
{quote} ok ...with all due respect prince, can that be your last post here. see you round the forums. thanks champ.

No problem. Stop trying to sell things though.
  • #37
  • Aug 22, 2018 1:43pm Aug 22, 2018 1:43pm
you're a pushy, frustrated little man aren't you. I suggest you go back to that profitable trading strategy you claim to have mate. $3 bucks profit for you this month !! who knows?? maybe even $4 !!
  • #38
  • Aug 22, 2018 3:52pm Aug 22, 2018 3:52pm
Hello richy, i would liek to ask you what is your usual target % wise per month and what is your average result as of now ? Thank you
  • #39
  • Aug 22, 2018 4:13pm Aug 22, 2018 4:13pm
Well. I opened this thread to give help and advice which Im confident would be of value because I know a lot.

But apart from posting a few trades, Im clamming up. Not interested in training people for free on my strategy.

If you already have a strategy you're working on and having problems, give me a shout. Otherwise, Im cool to let this thread die.
  • #40
  • Aug 23, 2018 9:37am Aug 23, 2018 9:37am
Quoting richyRich27
Well. I opened this thread to give help and advice which Im confident would be of value because I know a lot. But apart from posting a few trades, Im clamming up. Not interested in training people for free on my strategy. If you already have a strategy you're working on and having problems, give me a shout. Otherwise, Im cool to let this thread die.
You are right. You probably worked so hard for your strategy and people pretend the get it free with no efforts at all. I have a strategy I'm working on and I have also some problems with it . I will contact you and I hope you can help me
0 traders viewing now