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The Secret to Success and profitable trading - What is it?

  • #241
  • Aug 28, 2019 2:08am Aug 28, 2019 2:08am
Quoting robots4me
{quote} @MrBullBear -- you are totally clueless. The retail forex market is more than 5 trillion dollars per day. If every retail trader had a million dollar account and traded successfully it wouldn't even register on the radar. Furthermore, there is not some evil Swiss banker hiding in a cave who controls the price levels of all currencies. There is something called Global Commerce that also comes into play. You're just perpetuating a misconception that plays into the hands of the fraudsters and schemers.
Ive got to say I agree with you here. This guy has no clue.
  • #242
  • Aug 28, 2019 2:37am Aug 28, 2019 2:37am
Quoting Daniel2775
{quote} Ive got to say I agree with you here. This guy has no clue.
Hey @Daniel2775 -- I hadn't intended to interject into your thread but since @MrBullBear woke me up from my nap then I felt compelled to respond. My preference is to lurk in the background.
  • #243
  • Aug 28, 2019 2:44am Aug 28, 2019 2:44am
Quoting MrBullBear
{quote} Let me tell you why... if there is one system that is "really " working, don't you think big banks, brokers, firms wont notice it? If everybody will use it, it will crash right? The truth is, there is no technical system that works more than 50% of the time, otherwise it wont work coz every traders will use it. It will always crash. A system that doesn't work and nobody is using has a better edge.
i have a 99.6% win rate and do 30 trades on a slow day , do you think my broker notices me
people leave, but this thread will go on for ever
  • #244
  • Aug 28, 2019 3:20am Aug 28, 2019 3:20am
Quoting Daniel2775
{quote} lol no this is far from how I trade. Thats very risky trading. I dont trade a martingale
can you show list of your trades from history, not few hours
  • #245
  • Aug 28, 2019 4:41am Aug 28, 2019 4:41am
Quoting Daniel2775
{quote} You will blow many accounts with a martingale

Noted. will keep tracking your lead and follow, I had gotten the impression looking at the trades you had posted on post #156 and thought its that simple.
  • #246
  • Aug 28, 2019 8:41am Aug 28, 2019 8:41am
Quoting Aussi
{quote} i have a 99.6% win rate and do 30 trades on a slow day , do you think my broker notices me
  • #247
  • Aug 28, 2019 8:41am Aug 28, 2019 8:41am
Quoting Aussi
{quote} i have a 99.6% win rate and do 30 trades on a slow day , do you think my broker notices me
I notice You
  • #248
  • Aug 28, 2019 8:41am Aug 28, 2019 8:41am
Quoting gk111222333
{quote} can you show list of your trades from history, not few hours
Lol sorry I can’t. That’s not what this thread is
  • #249
  • Aug 28, 2019 8:43am Aug 28, 2019 8:43am
Quoting Ndabezinhle
{quote} Noted. will keep tracking your lead and follow, I had gotten the impression looking at the trades you had posted on post #156 and thought its that simple.
No these are trades on multiple time frames different strategy’s being tested but this isn’t my main account trading I displayed
  • #250
  • Aug 28, 2019 9:00am Aug 28, 2019 9:00am
Hi Daniel,

Interesting thread cheers! Could you please give us a visual example of your thought process during a potential entry and also the process you might use to hedge out of a trade that hasn't worked out as anticipated. I feel this might help a lot of us. Thx
  • #251
  • Aug 28, 2019 12:32pm Aug 28, 2019 12:32pm
Good thread Danniel - happy to be here!
  • #252
  • Edited 5:47pm Aug 28, 2019 5:35pm | Edited 5:47pm
Quoting Aussi
{quote} i have a 99.6% win rate and do 30 trades on a slow day , do you think my broker notices me
Hey Aussi

Please explain more because win rate doesn't tell us the full story.
I have a EA that wins 94% of times and another model that wins 99.4% of times HOWEVER the win amounts are small and the few loses can be very large so they
don't give the reader the full story.

High win rates are not hard to get, increasing your EQUITY at a high rate is extremely hard to do if not impossible.
My Goal is to run a EA with a return no less than 100% per year which would be the standard to aim for within my circle of EA building mates.
For Good Manual traders on small accounts 4 to 5 times Equity increase is achievable till they have a decent size holdings then it gets hard to double your account every year, if not impossible.

So manual traders win at the start however EA traders end up buying the nice cars (I still drive a 5 year old Honda).
Trading thin liquidity at the boundary of the charts
  • #253
  • Aug 28, 2019 6:05pm Aug 28, 2019 6:05pm
Quoting Daniel2775
{quote} I dont agree I know many systems that work much more than 80% of the time including mine. There are simple systems out there that will get you 60-70% working. So this really makes no sense. Not every system will alwasy crash and I would like to know what facts you have?
The fact that 90% loosers following a system according to wall street journal. Your 80% accuracy will bring you to the top notch traders in the world if thats true. But then again, must prove it. Or at least, get a trade explorer so people can see your progress to at least get credibility.
Only an idiot knows with certainty to where the market is going.
  • #254
  • Aug 28, 2019 6:12pm Aug 28, 2019 6:12pm
Quoting Aussi
{quote} i have a 99.6% win rate and do 30 trades on a slow day , do you think my broker notices me
Haha.. thats the most ridiculous claim i ever heard. 99.6 win rate? You must be taken out Bill Gates and Warren Buffet as the wealthiest man in the world. Or you would be working as Warren Buffet's Chief Executive FXTrader. Or Big Banks trader commisioning multi million dollar per trade. Or at least offered huge money to buy your system by Firms. No offer yet? Its because ots not true? Are you a millionaire by now given your 99.6 accuracy? If one have that figure, it can easily turn 500 to multi million in less than a year. Get that? Stop fooling your self.
Only an idiot knows with certainty to where the market is going.
  • #255
  • Aug 28, 2019 6:25pm Aug 28, 2019 6:25pm
Quoting Aussi
{quote} i have a 99.6% win rate and do 30 trades on a slow day , do you think my broker notices me
Nice win rate
ex nihilo
  • #256
  • Aug 28, 2019 6:28pm Aug 28, 2019 6:28pm
The secret is just tell the world I have 96.6% win rate.
Or follow kette's example, open 2 MT4 platforms 1 for sell 1 for buy whichever profit then post it in the forum.
This is the method also done by those in Pivot Trading thread, only post those in profit.

Anyway keep an arm length from those who made claimed only and those who post after the fact charts.

The real good one is Boulder from The Swamp.
  • #257
  • Aug 28, 2019 6:40pm Aug 28, 2019 6:40pm
Quoting MrBullBear
{quote} Haha.. thats the most ridiculous claim i ever heard. 99.6 win rate? You must be taken out Bill Gates and Warren Buffet as the wealthiest man in the world. Or you would be working as Warren Buffet's Chief Executive FXTrader. Or Big Banks trader commisioning multi million dollar per trade. Or at least offered huge money to buy your system by Firms. No offer yet? Its because ots not true? Are you a millionaire by now given your 99.6 accuracy? If one have that figure, it can easily turn 500 to multi million in less than a year. Get that? Stop...
Have you seen he’s thread? He seems to do really well.
ex nihilo
  • #258
  • Aug 28, 2019 7:05pm Aug 28, 2019 7:05pm
Quoting Oc6oph
{quote} Have you seen he’s thread? He seems to do really well.
Everyone can do that. Post only the one that wins.
Only an idiot knows with certainty to where the market is going.
  • #259
  • Aug 28, 2019 7:14pm Aug 28, 2019 7:14pm
Quoting MrBullBear
{quote} Haha.. thats the most ridiculous claim i ever heard. 99.6 win rate? You must be taken out Bill Gates and Warren Buffet as the wealthiest man in the world. Or you would be working as Warren Buffet's Chief Executive FXTrader. Or Big Banks trader commisioning multi million dollar per trade. Or at least offered huge money to buy your system by Firms. No offer yet? Its because ots not true? Are you a millionaire by now given your 99.6 accuracy? If one have that figure, it can easily turn 500 to multi million in less than a year. Get that? Stop...
you just do not get do you mate
you know nothing about me AT ALL , and yes i have turned $500 into $1000000 , ARE you saying no one makes 1 million dollars per year on forex , ARE you saying that everyone want to work for buffet who cheated all his life ,AND i do not have a system as such why would i sell it if i did , AND THE BIGGEST LAUGH OF THEM ALL , WHY WOULD I WORK FOR SOMEONE ON COMMISSION , You come here without knowledge and make allegations you sound like a CNN REPORTER
i am retired and 68 thats a start
people leave, but this thread will go on for ever
  • #260
  • Aug 28, 2019 7:16pm Aug 28, 2019 7:16pm
Quoting MrBullBear
{quote} Everyone can do that. Post only the one that wins.
is that so mrbull i do post my losses or did you not know this
people leave, but this thread will go on for ever
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