Hello FF community,
I am starting this thread not to present a new system but to check if I can stay consistent and grow a small account even when everyone is watching...
Some people think that if you show your trades to the people, it can ruin your performance, well, yes, that is true and also happened to me.
But I figured that sharing your trades to other people is not the reason why we fail to achieve consistency but the real reason is "WANTING TO BE RIGHT ALL THE TIME" So, if we change our mindset and accept losing trades as part of the game and we always control/minimize our risk and only trade when there's a trading opportunity using our system, then that's the time we can expect to achieve great results in the long run...
Remember: Trading is not a get rich quick scheme but this is a slow but sure approach to financial freedom.
You just have to be a sniper and take a shot when you have an edge on the market!
These are the 3 systems in a nutshell:
1. Low Hanging Fruit by Cryptosurf on Pivot Trading
- Summary: We look for opportunities during weekend where price performed a late markup/mark down using market structure. Price over-extended on that week, so we are looking to enter a counter trend trade which is usually just a minor pullback that we have to take advantage of. Price usually stalls at 38 zone on the following week where we enter the trade. We put our SL at 61 zone and our target at PP zone or we can also put the target on 38 zone provided we move our SL to our entry once price hits PP zone first.
2. Consistent 30 SMA on 4H by Andoseg2
- Summary: We only enter a trade on 4H and look for the price to pierce the 30 SMA on 4H chart. This looks like at first a counter trend trade from a 4H chart but if you will switch to higher TFs, it is actually a trend following trade where we are just entering on the continuation of the trend after a minor pullback.
3. Simple Trend Following on 4H chart.
- Summary: We use this strategy and is very easy and also profitable since we are trying to follow the trend but on a higher TF. So my approach on this is check Weekly and Daily for direction and use 4H as an entry point...
BTW, the reason why I decided to have 3 systems because not all the time our system will match the market condition.
So, it's good enough to look for 3 possibilities so we have more opportunities.
Below are the indicators and template:
***Will edit for more info later on***
I am starting this thread not to present a new system but to check if I can stay consistent and grow a small account even when everyone is watching...
Some people think that if you show your trades to the people, it can ruin your performance, well, yes, that is true and also happened to me.
But I figured that sharing your trades to other people is not the reason why we fail to achieve consistency but the real reason is "WANTING TO BE RIGHT ALL THE TIME" So, if we change our mindset and accept losing trades as part of the game and we always control/minimize our risk and only trade when there's a trading opportunity using our system, then that's the time we can expect to achieve great results in the long run...
Remember: Trading is not a get rich quick scheme but this is a slow but sure approach to financial freedom.
You just have to be a sniper and take a shot when you have an edge on the market!
These are the 3 systems in a nutshell:
1. Low Hanging Fruit by Cryptosurf on Pivot Trading
- Summary: We look for opportunities during weekend where price performed a late markup/mark down using market structure. Price over-extended on that week, so we are looking to enter a counter trend trade which is usually just a minor pullback that we have to take advantage of. Price usually stalls at 38 zone on the following week where we enter the trade. We put our SL at 61 zone and our target at PP zone or we can also put the target on 38 zone provided we move our SL to our entry once price hits PP zone first.
2. Consistent 30 SMA on 4H by Andoseg2
- Summary: We only enter a trade on 4H and look for the price to pierce the 30 SMA on 4H chart. This looks like at first a counter trend trade from a 4H chart but if you will switch to higher TFs, it is actually a trend following trade where we are just entering on the continuation of the trend after a minor pullback.
3. Simple Trend Following on 4H chart.
- Summary: We use this strategy and is very easy and also profitable since we are trying to follow the trend but on a higher TF. So my approach on this is check Weekly and Daily for direction and use 4H as an entry point...
BTW, the reason why I decided to have 3 systems because not all the time our system will match the market condition.
So, it's good enough to look for 3 possibilities so we have more opportunities.
Below are the indicators and template:
***Will edit for more info later on***
Attached File(s)
We're not here to be right, we're here to Profit Consistently!
