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Trading Made Simple

  • #91,601
  • Oct 2, 2018 11:29am Oct 2, 2018 11:29am
Quoting jmn5611
{quote} Now it appears that there are two of you. Both trolling. Unless I get a lot of PM's to stop feeding you two, I can do this all day long. I am very time rich due to good decisions made earlier in life. I promise you both that I will keep it trading related and not be silly. In other words, every time you two post something stupid, I will redirect you back to sound trading.
Who is going to pm you (other than your colleagues). Man, you are the most fun I've had in ages.

I may have gone a bit far teasing you. But you deserved it, lets be serious now as you are clearly the one to get the thread back on track.
'in less than half an hour he made over 100 ticks'
  • #91,602
  • Oct 2, 2018 11:35am Oct 2, 2018 11:35am
@jmn5611

Could you be so kind and give me a reply on my last post. I finished watching the Mark Douglas training video you have recommended to me earlier.

Some parts of the training covered some interesting things which was a good refresher to me. However most of the stuff he talks about is not really new to me at all. All he is saying in a nutshell is that if you want to achieve constant profitable results for your trading the following needs to be mastered.

- Self discipline
- Flawless trade execution
- Trade every signal the strategy provides to you
- This means not NOT "trade by trade" (do not give any of the signals you get more or less attention because at the end every new trade could be a win or loss and you cannot say if the crossover 1 is that win or the crossover 12 will be the winner. Or even the first 12 signals in a row will be all losers right from the start, which is also possible for sure.
- Money management. Set a fixed stop loss for every trade and make sure the strategy will at least provide you a 1:2 risk:reward ratio on average so you become profitable in the long run

Now the last 3 points are interesting regarding to TMS. How you will ever going to achieve this and step away from executing each new signal differently, because this is exactly what will happen if you analyse each new TDI crossover signal from zero again. You understand this?

How do you make sure to achieve these constant results in a series of 100 trades if each new TDI crossover signal offers you a dozens of variables which are not fixed in advance ? (the basics you have to do manually afterwards the signal you got).

So all Mark Douglas is saying here is "trade like a robot". And it completely contradicts with the TMS strategy. Because with TMS you donīt have such fixed rule plan. You canīt trade this as a chart pattern without doing further manually analyse for each new trade which leads again to analyse on a trade by trade base. And who else "professional" you can count on if not a person like Douglas with lots of experience? BigE? You? Tekkies?...

In conflusion the ONLY THING that makes the difference wether or not you will achieve constant results comes from Risk/Money Management. And so it doesnīt really matter what technical strategy you use, because they can only give you a good guess of PROBABILITIES in the end.

So thats all what technical trading can provide to you. Finding a pattern that gives X results over a series of trades because you canīt predict a shit and do not move markets with your own trades therefor you need a SYSTEM following the rules EXACTLY the SAME over a SERIES of Trades.

Now thats completely what TMS doesnīt provide to you With TMS you do cherry pick the best TDI crossover signals. Where "best" is defined by pure luck of your individual skills. Thats also what i did mean in the past, that this is no system at all because it leaves tons of variables undeclared.
  • #91,603
  • Oct 2, 2018 11:37am Oct 2, 2018 11:37am
Quoting onejester
{quote} Who is going to pm you (other than your colleagues). Man, you are the most fun I've had in ages. I may have gone a bit far teasing you. But you deserved it, lets be serious now as you are clearly the one to get the thread back on track.
I have gotten a little heat about engaging trolls before, so I am conscious of that now. You did not go too far, you did the job of a Jester(The Royal Fool). You were good at it too.

The thread will get back on track when Tekkies gets back. I think he is in the EuroZone, and they are not trading right now.
If you are good at something, never do it for free--Joker
  • #91,604
  • Oct 2, 2018 11:42am Oct 2, 2018 11:42am
Quoting jmn5611
{quote} I have gotten a little heat about engaging trolls before, so I am conscious of that now. You did not go too far, you did the job of a Jester(The Royal Fool). You were good at it too. The thread will get back on track when Tekkies gets back. I think he is in the EuroZone, and they are not trading right now.
Youre just a tool. Good to know you have so much time on your hands since Kmart closed its doors.

You believe what you want on how I trade. I continue to add as price goes my way. Very rare it goes the other way. What do you know though. You don’t know how to trade.

Youre an old grumpy west coast bum who’s life decisions got you nowhere. We understand.
You will learn the most from your losing Trades
  • #91,605
  • Oct 2, 2018 11:42am Oct 2, 2018 11:42am
Quoting lddd
@jmn5611 Could you be so kind and give me a reply on my last post. I finished watching the Mark Douglas training video you have recommended to me earlier. Some parts of the training covered some interesting things which was a good refresher to me. However most of the stuff he talks about is not really new to me at all. All he is saying in a nutshell is that if you want to achieve constant profitable results for your trading the following needs to be mastered. - Self...
You have been given what constitutes signals. You have been given the ideal TF. You have been given the pairs to trade. You have been given where your stops should be. You have been given when to trade.

Now, do what Mark Douglas told you to do and put on your twenty trades. If you violate ANY of the rules you have been given, then the problem is with you, not the method.

Is there any way I can be more clear?

Quoting Chenzo25
{quote} Youre just a tool. Good to know you have so much time on your hands since Kmart closed its doors. You believe what you want on how I trade. I continue to add as price goes my way. Very rare it goes the other way. What do you know though. You don’t know how to trade. Youre an old grumpy west coast bum who’s life decisions got you nowhere. We understand.
Fiction may be a part of what makes you tick lil Chenzo, but at the end of the day, you have admitted to this forum that you are f*cked up in the head, and that you dropped 50k in trading. That alone makes you one of the more stupid traders on this forum. I will not tell you how to not repeat those errors. Study. You will find it.
If you are good at something, never do it for free--Joker
  • #91,606
  • Oct 2, 2018 12:00pm Oct 2, 2018 12:00pm
Quoting jmn5611
{quote} You have been given what constitutes signals. You have been given the ideal TF. You have been given the pairs to trade. You have been given where your stops should be. You have been given when to trade. Now, do what Mark Douglas told you to do and put on your twenty trades. If you violate ANY of the rules you have been given, then the problem is with you, not the method. Is there any way I can be more clear? {quote} Fiction may be a part of what make you tick lil Chenzo, but at the end of the day, you have admitted to this forum that you...
Yes, unlike you I have been trading since 2004. Joined forex factory in 2006. I've been around the block. I can spot a fake a mile away.

That's why I know what I'm doing. I have lost. I never gave up. I kept grinding like all successful people. You are a quitter. You've lost your ass and now you want to teach. Typical behavior from a loser. Blaming others for failures and thinking he knows a better way.

What you fail to realize is I have lost a total of 50k in 14 years. How much have I made?

Now, I have to get back to running my business so that I don't end up like you 20 years down the road on a forum. Thanks for motivating me to crush my numbers this year!
You will learn the most from your losing Trades
  • #91,607
  • Oct 2, 2018 12:03pm Oct 2, 2018 12:03pm
Quoting lddd
@jmn5611 Could you be so kind and give me a reply on my last post. I finished watching the Mark Douglas training video you have recommended to me earlier. Some parts of the training covered some interesting things which was a good refresher to me. However most of the stuff he talks about is not really new to me at all. All he is saying in a nutshell is that if you want to achieve constant profitable results for your trading the following needs to be mastered. - Self...
Give up and stick with PlayStation. Trading is not for you.
You will learn the most from your losing Trades
  • #91,608
  • Oct 2, 2018 12:05pm Oct 2, 2018 12:05pm
Quoting jmn5611
{quote} I have gotten a little heat about engaging trolls before, so I am conscious of that now. You did not go too far, you did the job of a Jester(The Royal Fool). You were good at it too. The thread will get back on track when Tekkies gets back. I think he is in the EuroZone, and they are not trading right now.
I think you may have gotten a 'little heat' for other reasons.

Less of the past tense 'were' good at it. Trolls exist here for a reason, and if you are as smart as you think you are you'll know why.

Lets see some trades, I'll look forward seeing them come from you maybe? But should that not happen, expect to be called on it (call it trolling if you like). You and your buddies.
'in less than half an hour he made over 100 ticks'
  • #91,609
  • Oct 2, 2018 12:05pm Oct 2, 2018 12:05pm
Quoting jmn5611
{quote} You have been given what constitutes signals. You have been given the ideal TF. You have been given the pairs to trade. You have been given where your stops should be. You have been given when to trade. Now, do what Mark Douglas told you to do and put on your twenty trades. If you violate ANY of the rules you have been given, then the problem is with you, not the method. Is there any way I can be more clear?
Im kind of agree with iddd in this.

For me this method is not really that simple. Yes the signal is simple, we only need a crossing and 1st or 2nd candle to open the trade, but there is so much more than that.

We still have to analyse the "basic" of forex as Tekkies has been saying, the post #647. Learning TDI crossing and Stoch and HA candles is easy, but all the rest of this method needs discretion as where is the nearest S&R, how strong is the last reversal, etc which for me is the hardest part and the ones that is rarely discussed in detail by Big-E.

Iddd, i think its not that the method doesnt work. Its just that we have to learn more about the basics.

Just my 2 cents.
Ask, and it is given. Every single time, no exceptions.
  • #91,610
  • Oct 2, 2018 12:09pm Oct 2, 2018 12:09pm
Quoting jmn5611
{quote} The last time I posted open positions, it was more like 200 pips, while you were busy bragging about 20. {quote} I am pleasantly surprised that the word "sanctimony" is in your vocabulary. Simply because you cannot see substance does not mean that there is none. It is kind of like that red/green color blindness that you have. {quote} I am not worried about you blowing up, that is a fait accompli. There was an entire system based on the way you trade. Of course, they blew up, and they sulked off to another forum. You are one who needs to...
What???, a fight without Tekkies and emmanuel involved But still is Entertaining Some call this thread the comedy thread. I understand why.
  • #91,611
  • Oct 2, 2018 12:18pm Oct 2, 2018 12:18pm
Quoting Chenzo25
{quote} Yes, unlike you I have been trading since 2004. Joined forex factory in 2006. I've been around the block. I can spot a fake a mile away. That's why I know what I'm doing. I have lost. I never gave up. I kept grinding like all successful people. You are a quitter. You've lost your ass and now you want to teach. Typical behavior from a loser. Blaming others for failures and thinking he knows a better way. What you fail to realize is I have lost a total of 50k in 14 years. How much have I made? Now, I have to get back to running...
I have been trading since 1999. You joined in 2006, I joined in 2012, so you have much more time on this forum than I do, but less time trading. And yet, here you are, still trolling, still seeking attention, still needing a cookie, still wanting someone to listen to you. I never was so stupid as to EVER lose 50K during AN
Y amount of time. When you are losing, you reduce risk. It ain't hard lil Chenzo. It has been nearly 20 years for me now, never needed a new account. I hope you don't run your restaurant like you run your trading. Food is a tough business to be in, but in evaluating your pics it would be something that your type of fella would be in. Even small losses will do you in. I wish you the best, I will be on a long haul flight so we will speak again if you continue to troll.
If you are good at something, never do it for free--Joker
  • #91,612
  • Oct 2, 2018 12:20pm Oct 2, 2018 12:20pm
Quoting kirinda
{quote} What???, a fight without Tekkies and emmanuel involved But still is Entertaining Some call this thread the comedy thread. I understand why.
Chenzo is a leader in comedy, I have never laughed so much. I'm paying for it now though cos I have to catch up with work...

The irony is what started it, I had a pretty thin morning and posted some entries and exits. Now I know what to do if things slow down.

Post a chart with no indicators...
'in less than half an hour he made over 100 ticks'
  • #91,613
  • Oct 2, 2018 12:20pm Oct 2, 2018 12:20pm
Quoting beefStew
{quote} Im kind of agree with iddd in this. For me this method is not really that simple. Yes the signal is simple, we only need a crossing and 1st or 2nd candle to open the trade, but there is so much more than that. We still have to analyse the "basic" of forex as Tekkies has been saying, the post #647. Learning TDI crossing and Stoch and HA candles is easy, but all the rest of this method needs discretion as where is the nearest S&R, how strong is the last reversal, etc which for me is the hardest part and the ones that is rarely discussed in...
I think that is fair. But, on the other hand, nowhere did Eric say that you did not have to know the basics. The assumption was on his part was that a trader risking real money should know the basics. Do not risk real money until you do.

Quoting onejester
{quote} Chenzo is a leader in comedy, I have never laughed so much. I'm paying for it now though cos I have to catch up with work...
I agree. I love a good troll!
If you are good at something, never do it for free--Joker
  • #91,614
  • Oct 2, 2018 12:22pm Oct 2, 2018 12:22pm
Quoting jmn5611
{quote} I have been trading since 1999. You joined in 2006, I joined in 2012, so you have much more time on this forum than I do, but less time trading. And yet, here you are, still trolling, still seeking attention, still needing a cookie, still wanting someone to listen to you. I never was so stupid as to EVER lose 50K during AN Y amount of time. When you are losing, you reduce risk. It ain't hard lil Chenzo. It has been nearly 20 years for me now, never needed a new account. I hope you don't run your restaurant like you run your trading. Food...
You can't lose if you don't trade
You will learn the most from your losing Trades
  • #91,615
  • Oct 2, 2018 12:23pm Oct 2, 2018 12:23pm
Quoting onejester
{quote} Chenzo is a leader in comedy, I have never laughed so much. I'm paying for it now though cos I have to catch up with work...
You will learn the most from your losing Trades
  • #91,616
  • Oct 2, 2018 12:25pm Oct 2, 2018 12:25pm
Quoting onejester
{quote} I think you may have gotten a 'little heat' for other reasons. Less of the past tense 'were' good at it. Trolls exist here for a reason, and if you are as smart as you think you are you'll know why. Lets see some trades, I'll look forward seeing them come from you maybe? But should that not happen, expect to be called on it (call it trolling if you like). You and your buddies.
That's the thing about trolls. They cannot, or they do not, read. Go back, Jester, and read yet again the answer to your questions.

Quoting Chenzo25
{quote} You can't lose if you don't trade
It's also hard to lose if you don't do stupid stuff like average down.
If you are good at something, never do it for free--Joker
  • #91,617
  • Oct 2, 2018 12:29pm Oct 2, 2018 12:29pm
Quoting onejester
{quote} Chenzo is a leader in comedy, I have never laughed so much. I'm paying for it now though cos I have to catch up with work... The irony is what started it, I had a pretty thin morning and posted some entries and exits. Now I know what to do if things slow down. Post a chart with no indicators...
Chenzo is a leader in comedy

I wonder if his car is his or his father

I'm paying for it now though cos I have to catch up with work...

I wonder how these trolls get time to trading . I have no time to participate even that it looks fun.
  • #91,618
  • Oct 2, 2018 12:35pm Oct 2, 2018 12:35pm
Quoting onejester
{quote} Chenzo is a leader in comedy, I have never laughed so much. I'm paying for it now though cos I have to catch up with work... The irony is what started it, I had a pretty thin morning and posted some entries and exits. Now I know what to do if things slow down. Post a chart with no indicators...
Don't forget to post a chart with no indicators in a totally unrelated thread with a totally unrelated market. That is the essence trolling. It's like bringing a cat to a dog show.

Quoting kirinda
{quote} Chenzo is a leader in comedy I wonder if his car is his or his father I'm paying for it now though cos I have to catch up with work... I wonder how these trolls get time to trading . I have no time to participate even that it looks fun.
Pretty sure it is in his name, but leased, he most likely grew up poor. People with money would never brag about an entry level luxury sedan. If he had a Maybach, well okay then, but he is bragging on a forum about a car that anyone in the States with a middle class job and good credit can get. The kid does not know what he does not know.
If you are good at something, never do it for free--Joker
  • #91,619
  • Oct 2, 2018 12:42pm Oct 2, 2018 12:42pm
Quoting jmn5611
{quote} That's the thing about trolls. They cannot, or they do not, read. Go back, Jester, and read yet again the answer to your questions. {quote} It's also hard to lose if you don't do stupid stuff like average down.
I know, I know - it is cheaper for forex factory to employ writers than traders to keep old well ranked threads going.

Never mind in a few years you'll be able to control what gets posted on your own thread https://www.forexfactory.com/showthread.php?t=494420 (free plug again).

Unless of course you haven't turned into a husk by then.

Have a good flight. But don't stand in the toilet for too long when you pull the lever. The toilet may get confused.

Talk too much, get called. Expect it.
'in less than half an hour he made over 100 ticks'
  • #91,620
  • Oct 2, 2018 12:46pm Oct 2, 2018 12:46pm
Quoting jmn5611
{quote} Don't forget to post a chart with no indicators in a totally unrelated thread with a totally unrelated market. That is the essence trolling. It's like bringing a cat to a dog show. {quote} Pretty sure it is in his name, but leased, he most likely grew up poor. People with money would never brag about an entry level luxury sedan. If he had a Maybach, well okay then, but he is bragging on a forum about a car that anyone in the States with a middle class job and good credit can get. The kid does not know what he does not know.
You know nothing about luxury. Stop being a fool.
You will learn the most from your losing Trades
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