(binned per thread starter’s request) MM (Money Maker) Detective | Page 117 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Money management: Capital needed per 0.07 USD per microlot 0 replies

The Volume Detective 411 replies

Attachments: (binned per thread starter’s request) MM (Money Maker) Detective
Exit Attachments

(binned per thread starter’s request) MM (Money Maker) Detective

  • #2,321
  • May 31, 2019 5:20am May 31, 2019 5:20am
Quoting Robot Trader
{quote} It looks like you captured a 10 pip move with 5 positions nothing more
YES SIR!! I'm not taking away from anyone taking advantage of smaller moves (10-20p) as I do the same, but it is important for newer traders to understand that distinction when implementing the strategy and holding positions that they should have already taken profit on.
  • #2,322
  • May 31, 2019 5:23am May 31, 2019 5:23am
Quoting Hj72
I think I got it. If price hits certain levels, which you can call Supply/Demand, Support/Resistance or MM of Oz/Herd Mentality, it will either reverse or not. Easy peasy. {image}
I will simplify more price "just move up and down, one guy is lucky other one unlucky"
then luck guy said i am master of universe and he do not know he is lucky..................
  • #2,323
  • May 31, 2019 5:23am May 31, 2019 5:23am
Quoting Hj72
I think I got it. If price hits certain levels, which you can call Supply/Demand, Support/Resistance or MM of Oz/Herd Mentality, it will either reverse or not. Easy peasy. {image}
No you haven't got it but at least you're trying.
Open up a Daily chart and see which level they have just targeted...taken out by 6 pips..
Now that's just a fluke right.....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EG 15 MNT.png Size: 27 KB
Click to Enlarge Name: EJ DAILY.png Size: 24 KB
  • #2,324
  • May 31, 2019 5:25am May 31, 2019 5:25am
Quoting bfx17
@moody and @blue guys, why are you trolling this guy's thread? @moody - remember when some members posted on George's thread and you suggested them to move on? why is now that you keep taunting this really smart and hard working person? @blue - man, I'll just tell you this: you will be able to post on Fractal's thread due to the RED DIAMOND YOU GOT FROM THE OTHER MEMBERS, BECAUSE YOU FOUGHT SO HARD AGAINST FRACTAL. CAN YOU BELIEVE IT? ISNT IT IRONIC? so I suggest you go and post on that thread or come up with constructive posts. please, don't ruin...

You haven't read Steve's thread.
  • #2,325
  • May 31, 2019 5:25am May 31, 2019 5:25am
Quoting bfx17
@moody and @blue guys, why are you trolling this guy's thread? @moody - remember when some members posted on George's thread and you suggested them to move on? why is now that you keep taunting this really smart and hard working person? @blue - man, I'll just tell you this: you will be able to post on Fractal's thread due to the RED DIAMOND YOU GOT FROM THE OTHER MEMBERS, BECAUSE YOU FOUGHT SO HARD AGAINST FRACTAL. CAN YOU BELIEVE IT? ISNT IT IRONIC? so I suggest you go and post on that thread or come up with constructive posts. please, don't ruin...

Hi Bfx

We had a little fun tonight...yes...and I know Steve has been ok with it...ITs not being pushed anymore...

Ive actually had a nice chat with Steve on the phone.... Steves a nice guy with a good sense of humor..
And as Steve has posted on poking his son ...Well yes we have given Steve a few pokes... But what many dont
realize is I do respect Steve... I have made serious posts to help Steve with my opinions... And Steve has appreciated them
even this evening......

As for my red diamond...I dont think it has anything to do with Fractal...in fact I know exactly how i achieved it...Yes a few subscribers.
But all those that subscribed to me during that time can unsubscribe from me and I would still have my red diamond.


Cheers !
Blue
Master your Mind,,,Master the Market
  • #2,326
  • Edited 5:36am May 31, 2019 5:26am | Edited 5:36am
Quoting bluesteele
{quote} mmmmm............hang on...... Georges thread is chock full of goldnuggets... diamonds too ! Dont know what your talking about to be honest
Lazy Traders mining for Goldnuggets and Diamonds in Zimbabwe
Attached Image
  • #2,327
  • May 31, 2019 5:26am May 31, 2019 5:26am
Quoting Scott2locky
{quote} If that truly is a pic of @blue up thread, you can understand why this guy has nothing useful to say. That will haunt me for the rest of the day!
Thanks Scott ! And how is your trading ?
Master your Mind,,,Master the Market
  • #2,328
  • May 31, 2019 5:30am May 31, 2019 5:30am
Quoting Robot Trader
{quote} It looks like you captured a 10 pip move with 5 positions nothing more
Uhmm nooo

Not even close RT... you guys are missing the point.... But keep guessing....
Pips can be anywhere from a few pips scalp to 50+ on a single entry....
I only gave an example.... But i never trade static set numbers per se.


Cheers
Blue
Master your Mind,,,Master the Market
  • #2,329
  • May 31, 2019 5:31am May 31, 2019 5:31am
Quoting bfx17
@moody and @blue guys, why are you trolling this guy's thread? @moody - remember when some members posted on George's thread and you suggested them to move on? why is now that you keep taunting this really smart and hard working person? @blue - man, I'll just tell you this: you will be able to post on Fractal's thread due to the RED DIAMOND YOU GOT FROM THE OTHER MEMBERS, BECAUSE YOU FOUGHT SO HARD AGAINST FRACTAL. CAN YOU BELIEVE IT? ISNT IT IRONIC? so I suggest you go and post on that thread or come up with constructive posts. please, don't ruin...
Hello @bfx17 -- appreciate your support.

With regards to @moodybot and @bluesteele -- seriously, it's okay. I know and understand them both well enough by now, and everything is fine. As far as trading goes -- I can not hold a candle (pun intended) to them. And in the big picture I am indebted to both of them. They are in a difficult spot and, yet, they are still willing to engage with me. And I like that. We disagree, but I can still read between the lines and learn from the things they don't say. Plus, they can both turn on a dime and we all have a laugh. I've also done my share of insulting them.

I've gotten caught up running a 3-ring circus (where forex and this thread is only one ring) and have decided to let this chaos run it's course over the weekend and then beginning next week refocus on sharing ideas and observations for improving @Nih98's system, with an eye on developing indicators to automate the detection of candidate signals -- something like that.
  • #2,330
  • May 31, 2019 5:31am May 31, 2019 5:31am
Quoting bluesteele
{quote} Thanks Scott ! And how is your trading ?
Fine thanks.

13yrs full time trader, only source of income. Graduated from 50k positions many years ago.

Primarily trade ES mini now, but will do a little FX a couple of times per week. Same methodology for both.
  • #2,331
  • May 31, 2019 5:34am May 31, 2019 5:34am
Quoting bluesteele
{quote} Personally i dont think you have a clue what your talking about....and or how George or any of us trade. I know my pip counts are exact.... I enter 5 different trades.... Not all at the same time.. Can be 1,2,5 or 10 minutes apart. All at different entry and exit prices... So 5 trades with 10 PIP TP.... is it 50 pips or 10pips ? There is no inflated pip count. whatsoever... My baskets are not seconds apart on entries. They are calculated per trade...and not inflated for increased lot size either. Straight up pips. On an average night...
That is right.

IMHO additioned tour our born laziness, that is the main reason why we can not replicate the way you trade

Spoonfeeding is an absolute necessity for most of the readers of this thread !
  • #2,332
  • May 31, 2019 5:35am May 31, 2019 5:35am
Quoting bluesteele
{quote} Hi Bfx We had a little fun tonight...yes...and I know Steve has been ok with it...ITs not being pushed anymore... Ive actually had a nice chat with Steve on the phone.... Steves a nice guy with a good sense of humor.. And as Steve has posted on poking his son ...Well yes we have given Steve a few pokes... But what many dont realize is I do respect Steve... I have made serious posts to help Steve with my opinions... And Steve has appreciated them even this evening...... As for my red diamond...I dont think it has anything to do with...
Hi Blue,

sorry to tell you, but you got the red diamond PRECISELY for challenging Fractal and others alike.

So, DID FRACTAL CLARIFY THE RELATIONSHIP WITH TARMO?

Cheers,
B
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #2,333
  • May 31, 2019 5:38am May 31, 2019 5:38am
Quoting Scott2locky
{quote} Fine thanks. 13yrs full time trader, only source of income. Graduated from 50k positions many years ago. Primarily trade ES mini now, but will do a little FX a couple of times per week. Same methodology for both.
Congratulations ..Perhaps you can share with Steve some useful information to help him ?
Or what would be fun is come join us on Skype/Teamviewer with George..Talk charts ideas etc...
Perhaps we all can learn something !

All the best
Blue
Master your Mind,,,Master the Market
  • #2,334
  • May 31, 2019 5:39am May 31, 2019 5:39am
Quoting parisboy
{quote} Lazy Traders mining for Golnuggets and Diamonds in Zimbabwe {image}

There seems to be a an abundance of lazy fishermen and miners about. I do love Australian Opal and i ve heard the fishing is great there too.
Follow The Markets Structure - Patience and Discipline
  • #2,335
  • May 31, 2019 5:44am May 31, 2019 5:44am
Quoting robots4me
Sorry to interrupt this program with an important announcement. Check-out this screen shot that rosalieone sent to me a short time ago. The "indicators are useless" crew please close your eyes. The screen shots below do include indicators that may be harmful to your health. I'm not going to play games by "explaining" the chart by asking questions. I'm just going to tell you exactly what I see. {image} The chart above is from rosalieone. Pay attention to the green and purple price bars, the yellow circles and the MM-ADRHistIndi in the lower subwindow....
Indicators that provide insights into the past are useful.
You have done a fairly good job.
Now it is for a trader's EA that is planted in the brain to pick up signals . And ofcourse you need pockets (deeper ones preferred) to support your trading.
If you have done real trading or even simulated trading with full focus on risk managment for at least 3 years, you can pass your actual trading experience to an EA, and that also will work.
Indicators on their own can do nothing for you. If you don't have enough funds, are not aware of your risk tolerance , and have no inclination to practise risk managment, then it is better you keep practising your demo trading and don't waste money on hobby or casual trading.
Practice makes a person perfect
  • #2,336
  • May 31, 2019 5:45am May 31, 2019 5:45am
Quoting moodybot
{quote} You haven't read Steve's thread.
moody how would you know that?

I have to say, that indeed, you came up with some clarifying posts. to be more precise, you were the only one. I am sure everyone appreciated it.

but also, you came up with a lot of useless ones...

cheers,

B.
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #2,337
  • May 31, 2019 5:55am May 31, 2019 5:55am
Quoting robots4me
{quote} Hello @bfx17 -- appreciate your support. With regards to @moodybot and @bluesteele -- seriously, it's okay. I know and understand them both well enough by now, and everything is fine. As far as trading goes -- I can not hold a candle (pun intended) to them. And in the big picture I am indebted to both of them. They are in a difficult spot and, yet, they are still willing to engage with me. And I like that. We disagree, but I can still read between the lines and learn from the things they don't say. Plus, they can both turn on a dime and...
@robots4me - sorry for interfering...

just wanted to congrats you on the positive attitude, hard work...and nonetheless, for the way you manage this thread. I suppose it is one of the most followed threads on FF for the moment...because there is a significant exchange of positive ideas and a lot of energy. I suppose some, if not many, envy you for that

Keep the story on...

Best,
B.
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #2,338
  • May 31, 2019 6:00am May 31, 2019 6:00am
Quoting bfx17
{quote} @robots4me - sorry for interfering... just wanted to congrats you on the positive attitude, hard work...and nonetheless, for the way you manage this thread. I suppose it is one of the most followed threads on FF for the moment...because there is a significant exchange of positive ideas and a lot of energy. I suppose some, if not many, envy you for that Keep the story on... Best, B.

Bfx17 ,

Ditto , my thoughts exactly.

Peace

HUZee
  • #2,339
  • May 31, 2019 6:15am May 31, 2019 6:15am
Quoting bluesteele
{quote} Congratulations ..Perhaps you can share with Steve some useful information to help him ? Or what would be fun is come join us on Skype/Teamviewer with George..Talk charts ideas etc... Perhaps we all can learn something ! All the best Blue
I was sharing information concerning an important part of this profession of trading that is objective not subjective. Many new traders fail to factor in their capital, risk/drawdown, and required returns when they test a strategy. A realistic expectation of projected returns on an investment (pips in this case) is necessary to evaluate any method to see if it suits that individual. Unfortunately, what I got from you was a disjointed response that had absolutely nothing to do with the facts I presented in my original post but rather some braggadocios word vomit about how many pips you make without addressing any inconsistency with what I stated.

I don't pay your bills and you don't pay mine, so I don't care if you make $500/day or $50k/day. I wish you the best however you trade, but there simply are some truths in this business that don't lend themselves to personal interpretation. Try not to complicate something as simple a price averaging for pip calculation.
  • #2,340
  • May 31, 2019 6:22am May 31, 2019 6:22am
Quoting moodybot
No you haven't got it but at least you're trying. Open up a Daily chart and see which level they have just targeted...taken out by 6 pips.. Now that's just a fluke right.....
No fluke. I don't subscribe to the random walk bs, price can only go where orders are, and orders aren't placed randomly. But I'm missing the practical application. So the target wasn't .8842 or .8851, but .8862. How do you decide? Or maybe we're not done yet and it actually is .8986?
4 traders viewing now