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A brief summary of what I learned in the past 17 years

  • #21
  • Oct 7, 2018 6:10am Oct 7, 2018 6:10am
Quoting cpfleger
Heshuhan, I just wanted to say thanks for your trading story, life experiences and the information is vital to retails traders. I was not aware of a lot of the information you have stated and some like the weaknesses of MT4 is actually a given because anything that is free must be a weakness. But we all try to go forward with a dream and hopefully into a reality. I trade using Renko charts and try to do 3 trades a day and take my profits based on a 10 times lot size which gives me a great return...
Dear Sir,

I am glad that you are doing well. I am also glad that you found the above information useful, even just for knowledge purpose.

The process from losing to profits is the toughest part. Thus, the moment you can achieve the eureka moment, most likely over time you will turn from a thousandaire to a millionaire. Just a matter of time, practice, perseverance.

I understand that it can be extremely difficult for everyone (I myself included). It is much easier when you have friends and family to support your trading endeavours. However, when one does not have the luxury of that, the only way forward is to have a unyielding belief in oneself. Some people would call this "fooling oneself" because if one does not see profit, how can they believe in themselves? I would just phrase it as "positive mind framing", with a sole purpose of keeping oneself motivation. That also means that, the ideal goal is to not get too excited over profits or get too depressed over losses. It has taken me a lot of failure to learn just this simple thing in life.

Regards,
Mr. He
  • #22
  • Oct 7, 2018 6:13am Oct 7, 2018 6:13am
Quoting tetis
very well and thank you for sharing your knowledge and experiments to others.
Dear Sir,

You're welcome. Thank you for your kind words.

Regards,
MR. He
  • #23
  • Oct 7, 2018 7:53am Oct 7, 2018 7:53am
Quoting heshuhan
{quote} Hi Sir, This is the steps I do on a daily basis: 1. Check for prevailing economic sentiments (GDP, CPI etc) and assume that market is up or down trend according to global macro 2. Every 15 minutes, monitor for micro news that can affect the Global Macro trend. If necessary, switch direction bias. 3. Assuming nothing changes, trade in the direction of the renko that is in sync with the Global Macro trend. 4. Employ a script or EA that automatically places stops and trailing stops (everyone seem to have their own preference but mine is standard...
You trade all 28 pairs?
Can you upload your mt4 files(indicator, template)?
Anything above the line is an uptrend, below the line is a downtrend.
  • #24
  • Oct 7, 2018 8:04am Oct 7, 2018 8:04am
Quoting Degolep
{quote} You trade all 28 pairs? Can you upload your mt4 files(indicator, template)?
Hi Sir,

No I do not trade all pairs. As stated in a few post earlier I first find the pairs which I am most confident of the fundamental direction.

Thus it can be any pair, and changing from time to time.

A few tools that I use you can find online (either free or cracked?):

1. Renko Mean Live Chart Generator (4 pips Renko)
2. Jurik Moving Averages (and derivatives) [Try period 15 or 20]
3. Swiss Army Knife EA (For trade management) [Based on personal preferences, lots of settings]
  • #25
  • Oct 7, 2018 8:16am Oct 7, 2018 8:16am
Quoting heshuhan
{quote} Hi Sir, No I do not trade all pairs. As stated in a few post earlier I first find the pairs which I am most confident of the fundamental direction. Thus it can be any pair, and changing from time to time. A few tools that I use you can find online (either free or cracked?): 1. Renko Mean Live Chart Generator (4 pips Renko) 2. Jurik Moving Averages (and derivatives) [Try period 15 or 20] 3. Swiss Army Knife EA (For trade management) [Based on personal preferences, lots of settings]
i think we are more interested in how u analyze to get the fundamental direction
  • #26
  • Oct 7, 2018 8:46am Oct 7, 2018 8:46am
Quoting vladutz112
{quote} i think we are more interested in how u analyze to get the fundamental direction
Dear Sir,

Fundamental analysis is a very huge topic and its very contextual for each pair.

I have an idea though.

How about watching my screen using teamviewer as I trade live from tomorrow morning market open? I would talk through the mic. I think it would be substantially more practical that way, rather than to use historical charts and events to explain them. At least when doing live it is real time learning.

I think teamviewer free version supports up to 8 viewers. PM me I'll just give you my phone number and you can WhatsApp me a test message, I'll post the code when I start trading. Typically its 1hr after market opens. Not sure who will want in though, as it might be quite boring to some the way fundamentals is used for technical trading.

Major Disclaimer: No commercial stuff please. I'm not selling stuff either. Just sharing out of goodwill.

Regards,
Mr. He
  • #27
  • Oct 7, 2018 9:18am Oct 7, 2018 9:18am
what do you think of oanda's owned platform not the mt4 platform?
  • #28
  • Oct 7, 2018 9:21am Oct 7, 2018 9:21am
Quoting Superflex
what do you think of oanda's owned platform not the mt4 platform?
Hi,

I have only used Oanda's platform a few times before. I think its relatively stable for software, except that it certainly doesn't have all the attractive features that MT4 has.

Though I might want to hint to you that the main issue with them is not their client end platform.

Regards,
MR. He
  • #29
  • Oct 7, 2018 9:22am Oct 7, 2018 9:22am
Quoting heshuhan
{quote} Dear Sir, Fundamental analysis is a very huge topic and its very contextual for each pair. I have an idea though. How about watching my screen using teamviewer as I trade live from tomorrow morning market open? I would talk through the mic. I think it would be substantially more practical that way, rather than to use historical charts and events to explain them. At least when doing live it is real time learning. I think teamviewer free version supports up to 8 viewers. PM me I'll just give you my phone number and you can WhatsApp me a test...
i'm sorry but i can't be available maybe it's better to just record it and post on youtube or somewhere else
  • #30
  • Oct 7, 2018 9:23am Oct 7, 2018 9:23am
Quoting vladutz112
{quote} i'm sorry but i can't be available maybe it's better to just record it and post on youtube or somewhere else
Dear Sir,

Alright. I'll go figure how to record on teamviewer. Maybe have to upload the recorded file somewhere in dropbox or something, as I expect it would not be in MP4 format direct and probably some format where you can playback using a teamviewer client.

Regards,
MR. He
  • #31
  • Oct 7, 2018 9:34am Oct 7, 2018 9:34am
Quoting heshuhan
{quote} Dear Sir, Alright. I'll go figure how to record on teamviewer. Maybe have to upload the recorded file somewhere in dropbox or something, as I expect it would not be in MP4 format direct and probably some format where you can playback using a teamviewer client. Regards, MR. He
if you will stream on youtube i could watch you from the phone and there are no limits to who can see you
  • #32
  • Oct 7, 2018 9:36am Oct 7, 2018 9:36am
Sir HeShuhan, your politeness seems so unnatural to me.

Am I the only guy who is stopped reading your posts, cause I do feel your politeness to be completely artificial?

I simply cant read any of your polite posts...

Honestly, I read post no1, with great pleasure. Find it very interesting and informative, but then you started being polite and my brain refuses to read your posts further... once the politeness is being detected, in between the lines, my eyes simply cant look at the screen anymore. Very weird...
Maadik Hugiis. IQ 69.
  • #33
  • Oct 7, 2018 9:37am Oct 7, 2018 9:37am
Quoting MoneyZilla
Sir HeShuhan, your politeness seems so unnatural to me. Am I the only guy who is stopped reading your posts, cause I do feel your politeness to be completely artificial? I simply cant read any of your polite posts... Honestly, I read post no1, with great pleasure. Find it very interesting and informative, but then you started being polite and my brain refuses to read your posts further... once the politeness is being detected, in between the lines, my eyes simply cant look...
that's because you only have 2 neurons and can't understand educated people
  • #34
  • Oct 7, 2018 9:40am Oct 7, 2018 9:40am
Quoting vladutz112
{quote} that's because you only have 2 neurons and can't understand educated people
You are probably right. I was nearly homeless in my 20-22 age. Plus, I have no education. But still, value post no.1 as a very good one! Detected NO POLITENESS in there. That is why I like it...
Maadik Hugiis. IQ 69.
  • #35
  • Oct 7, 2018 9:42am Oct 7, 2018 9:42am
Quoting MoneyZilla
{quote} You are probably right. I was nearly homeless in my 20-22 age. Plus, I have no education. But still, value post no.1 as a very good one! Detected NO POLITENESS in there. That is why I like it...
we will see if he's gonna stream it or record it and put it online if he's a scam or not
  • #36
  • Oct 7, 2018 9:44am Oct 7, 2018 9:44am
Hi Heshuhan,

Truly amazing motivational thread.Thank you for sharing such kind of experience

Thanks
  • #37
  • Oct 7, 2018 9:47am Oct 7, 2018 9:47am
Quoting vladutz112
{quote} we will see if he's gonna stream it or record it and put it online if he's a scam or not
This politeness... Why be polite in a first place? This is so annoying. Why try to make people to like you? Instead of being just yourself?

I like people the way they are. Even when they are full of shit! If they tell you: "I am full of shit! How do you like that?' I will actually LIKE THEM, for being honest...

Lets hope he is not a scam.
Maadik Hugiis. IQ 69.
  • #38
  • Oct 7, 2018 9:52am Oct 7, 2018 9:52am
Quoting heshuhan
{quote} Hi, I have only used Oanda's platform a few times before. I think its relatively stable for software, except that it certainly doesn't have all the attractive features that MT4 has. Though I might want to hint to you that the main issue with them is not their client end platform. Regards, MR. He
what issue that might be?
  • #39
  • Oct 7, 2018 10:02am Oct 7, 2018 10:02am
Dear all,

Just finished a call with a fellow trader that PM-ed me. (From Spain).

I will host the teamviewer session roughly 1hr post market open (where liquidity is slightly better).

I will be trading on one of my IC market accounts and probably the session will last for 1-2hrs.

I have figured out how to record using teamviewer function so when done the file would be uploaded to a dropbox link.

Then just simply download the file and replay back in teamviewer.

Regards,
Mr. He
  • #40
  • Oct 7, 2018 10:10am Oct 7, 2018 10:10am
Quoting heshuhan
Dear professional traders and fellow learners of the market, I would like to take this opportunity to share with you what I've learned over the past 17 years of trading in a brief, easy to understand, point form. I started trading in the floor around 18, back in 2001. Now I'm 34, and doing my own prop shop. I'm not a commercial trainer. Most of my teaching is done at various Universities in Asia, primarily for students coming from central banks and commercial banks, specializing on the topic of using FX as means of treasury management, on an institutional/national...
Hello,
Thank you for sharing all the good information!
What do you think of trading currency futures instead of forex? Are you still trading futures products? What do you think pros and cons of trading currency futures? I would like to listen to your personal opinion.
Thanks,
Simplicity is the ultimate sophistication - Leonardo da Vinci
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