KISS (Keep it Simple, Stupid) | Forex Factory

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Simple trading but profitable 244 replies

KISS (Keep it Simple, Stupid)

  • #1
  • First Post: Edited 4:42pm Aug 21, 2019 12:34pm | Edited 4:42pm
Seems some people just forget the most basic trading systems of all.... Just put THE POSITION you believe to exploit the trend or future prices and WAIT...
Or project a trend-line.. or even better, find it from someone else... and SHORT above the projected (average) line and BUY above... Although.. should the trend be the (down)trend... SHORTing might be much "surer" trades, in case the price drops to fast to quick... BUYS are much riskier then.. assuming projected trend is correct...

So post here your SIMPLE trading systems please... because many rookies gets it so complicated... that they either do not have the ENERGY (pun intended) to trade.. or (over)complicate it so much that they think they found the HOLY GRAIL.. that might (appear) to be true, at least for some time, until (a few) margin call(s)
Have seen it happen before...

By the way, I started with BASIC, KISS method... didn't even know what "high-impact" news were... and didn't recognise (or be aware of) many of the "patterns".. aka technical analysis.. and I was doing good... but then, as it happens, had a little "dark times"... and thought... maybe I should "learn" some more "basics".. and (too) soon enough I was reading EVERY possible political article there was... about EU(R), US(D), watching all sorts of interviews... by experts... All sorts of "financial" channels... Gladly I never went too far into "indicators", patterns... but deep enough, specially volume (the least "toxic" of them all), orderbook (can be faked af, by HFs, ALGOs,...) And I as they save (wave after wave, washed my EDGE away).. and then I said.. back to BASICS.. how I started.. coming from IT this "mentality" helped me... "reset to last working state/version"... And it seems to be ok so far... But it is HARD work... not to be SUCKED into this analysis, articles, politics... because it might give an illusion to ADD to something.. but in reality... it just becomes one COIN-FLIP.. as one of the longer-term expert said.. that should you add too much (analysis)... they might never beat a single coin-toss, even

Take care man! And remind yourself time to time again.... RESET to last working state, assuming it worked in the first place Or be CONSISTENT... As I was explaining in some other threads.. some strategies are so high-risk but high-return.. that you only have to hit THE (GOLDEN or OIL) strike once!

So please, GIVE us the KISSes Bring it on!
Can you afford to take that chance?
  • #2
  • Aug 21, 2019 5:42pm Aug 21, 2019 5:42pm
i am a great fan of kiss , thats how i trade no noise get in get out of the trade move onto the next trade , people get to technical talking about risk reward work on big time frames do not trade news stay out of the market because its raining and trump tweets , ohhhhhhhhhhhhhh what a mess ,

auricforecas , went to a site last night they was charts from phones two people chating talking about a trade for 30 min then decided to wait i pulled up the chart did a trade from it , its like they convinced themselves a good trade was a bad trade , i shook my head i made a few dollars , any way your thread is a good one lets see what people say kindest regards
people leave, but this thread will go on for ever
  • #3
  • Aug 22, 2019 11:31am Aug 22, 2019 11:31am
Quoting Aussi
i am a great fan of kiss , thats how i trade no noise get in get out of the trade move onto the next trade , people get to technical talking about risk reward work on big time frames do not trade news stay out of the market because its raining and trump tweets , ohhhhhhhhhhhhhh what a mess , auricforecas , went to a site last night they was charts from phones two people chating talking about a trade for 30 min then decided to wait i pulled up the chart did a trade from it , its like...
tnx for the response... Yeah, that is how I recognise good traders from bad one... in my view anyway... if they talk too much, too certain.. to technical... like the market is (exact) science... I know who I am dealing with The true soldiers that came from this "war".. are aware of the random/gambling function.. sometimes more, sometimes less.. but it is there... Unless one is INSIDE Well there are many things that do work (some of the time or at certain times/conditions...)... but overall.. there are no fixed rules, otherwise we would already have at least one trillionaire... because all it takes is 35 TP20SL20 trades in a row with 100% winrate... but 30 trades is nothing.. to get to "THE Tillion" I mean, it might even pay off.. out of 190USD, https://www.wolframalpha.com/input/?i=190*1.9%5E35

And one more thing.. I would add that failure is not an option.. is a must.. one should just price it in properly... And one should be aware when to pull out, because ANY strategy/model.. has at least "dark times/ages" if not THE END But that is good, just have to be aware of it.. some people expect to find fix rules to get some FIX income.. consistently.. and I think they might be in the wrong market/racket for this Much better to EARN big here.. and than to PARK it somewhere more stable.. if FIX income is the main objective.. and of course, keep trading on the side
Can you afford to take that chance?
  • #4
  • Aug 29, 2019 11:21am Aug 29, 2019 11:21am
One more KISS rule is...
skip summer (what we are seeing now), if you can... and 2weeks before and 2weeks after NEW YEAR...
I just love autumn trading for example... FIRST working day of September to MIDDLE of DECEMBER. Pure gold... people chasing christmas bonuses, trying to save the year or trying to squeeze more drops out of it.. Also winter seems to be very good for trading, not so hot, shorter days... more inside trading, hah! no pun... Meaning trading indoors Spring is also nice, but I agree, it can not be compared with Autumn.... Yeah, there are always opportunities, but combined with low volume, we risk spikes.. as we are seeing now.. Many STALL weeks... this summer... FED/ECB tennis didn't help either...

Love this quote... "Sell in May and Go Away"
https://www.investopedia.com/terms/s...nd-go-away.asp

good article btw..
https://admiralmarkets.com.au/educat...to-trade-forex

My dream is to trade only MID JAN - END of MAY and BEGINNING of SEP to MIDDLE of DEC... It's nice
Can you afford to take that chance?
  • #5
  • Sep 9, 2019 1:29pm Sep 9, 2019 1:29pm
Quoting auricforecas
One more KISS rule is... skip summer (what we are seeing now), if you can... and 2weeks before and 2weeks after NEW YEAR... I just love autumn trading for example... FIRST working day of September to MIDDLE of DECEMBER. Pure gold... people chasing christmas bonuses, trying to save the year or trying to squeeze more drops out of it.. Also winter seems to be very good for trading, not so hot, shorter days... more inside trading, hah! no pun... Meaning trading indoors Spring is also nice, but I agree, it can not be compared with Autumn.... Yeah,...
I agree, summer trading is a bore. Do you dream about only trading part of the year because you live off or hope to live off of trading profits?
  • #6
  • Edited 1:55pm Sep 9, 2019 1:38pm | Edited 1:55pm
Quoting helgastrxd
{quote} I agree, summer trading is a bore. Do you dream about only trading part of the year because you live off or hope to live off of trading profits?
Well you nailed it I dream (still trading over the year, but I have almost decided to skip the next summer and would love to avoid 2 weeks before and after NewYear) about trading only part of the year I am sprinter, by nature, not marathoner.. Or like CHEETAH style.. rest a lot but when I RUN, I HUNT for the KILL When I trade I have it always in my mind.. no matter what I do, I have it in the background... so it is very exhausting.. I relax on weekends, much less if I have some position open but still... Would love to trade only like 3-4months a year (in season - now)... for the rest of the year I might just INVEST... but for ACTIVE trading... would love to shorten as much as possible.. If I am realistic... to do this for a long time... Have seen many implode/quit... No joke...
In fact, most of my trading friends... that started trading the same time that I did... quit already... burned.. got frustrated.. and they were watching market tick by tick, full market open times almost...
Can you afford to take that chance?
  • #7
  • Sep 9, 2019 2:42pm Sep 9, 2019 2:42pm
Quoting auricforecas
{quote} Well you nailed it I dream (still trading over the year, but I have almost decided to skip the next summer and would love to avoid 2 weeks before and after NewYear) about trading only part of the year I am sprinter, by nature, not marathoner.. Or like CHEETAH style.. rest a lot but when I RUN, I HUNT for the KILL When I trade I have it always in my mind.. no matter what I do, I have it in the background... so it is very exhausting.. I relax on weekends, much less if I have some position open but still... Would love...
Ahh I see. I have never dedicated myself to trading full time but based on my experience there is some risk of over analysis. It sounds like maybe some of your friends experienced this. Glad you’re still alive in this game though.
  • #8
  • Edited 12:04pm Sep 10, 2019 11:52am | Edited 12:04pm
Quoting helgastrxd
{quote} Ahh I see. I have never dedicated myself to trading full time but based on my experience there is some risk of over analysis. It sounds like maybe some of your friends experienced this. Glad you’re still alive in this game though.
yeah, some are changing system all the time, watching too many markets (by one trader)... pressing leverage to the tilt, watching too many "news" sources, indicators... I mean, there is some truth that you either find some coping mechanism.. or you implode... OR find some sort of schedule.. at least for high-performance, high-stakes focused high-energy trading I mean I know a guy that went nuts... double money per trade even.. at news and maximum leverage possible at the time... Couldn't handle, went on long vacation, came back, system was priced-in, never recovered And it also comes down to personality... Some are "coldbloded", or easygoing... some temperament.. Can you imagine some "high-energy" person watching market tick-by-tick non-stop.. Can't be done for too long.. I mean, they couldn't be able to handle PRESSURE of WINNING all the time let alone LOSES.. It looks like this... and that would be just a few minutes..

So yeah, for HIGH-PERFORMANCe, high-stakes, high-leverage.. aka CHEETAY style.. I would much prefer timeframes for that, if possible... Otherwise... I just can not think that can last for too long, without long pauses, without "help" and/or coping/compensation/toll My ideal trading months are SEP-(middle of DEC)... Spring not that bad either... but FALL is pure beauty

If you trade during the SUMMER, high-stakes style.. might be like this
Inserted Video
Can you afford to take that chance?
  • #9
  • Sep 10, 2019 4:29pm Sep 10, 2019 4:29pm
Quoting helgastrxd
{quote} Ahh I see. I have never dedicated myself to trading full time but based on my experience there is some risk of over analysis. It sounds like maybe some of your friends experienced this. Glad you’re still alive in this game though.
BTW when I watched this in the cinema... I knew who the (real) traders were in the cinema (not many), because they were laughing their asses off (the REAL traders that were in the game for a long time not some rookies that "found" the golden indicator/candle or whatever).. This scene is golden...
Inserted Video
Some "normal" people... were just watching, almost dead serious... at least at majority of "quotes".. With some the movie really hit the spot... Some traders/"insiders" almost DIED on the seat and other people just had this "what was so damn funny" look . I believe, sincerely, that MOST of what is said in this scene, is 99,X% truth (for most traders/brokers) But it is similar to many professions, glory on the outside... but once you are long/deep enough.. you might come to the "simple truths" that are sometimes just worth laughing at till pissing the pants, because they are so true/pathetic
Can you afford to take that chance?
  • #10
  • Sep 20, 2019 7:51pm Sep 20, 2019 7:51pm
Quoting auricforecas
{quote} BTW when I watched this in the cinema... I knew who the (real) traders were in the cinema (not many), because they were laughing their asses off (the REAL traders that were in the game for a long time not some rookies that "found" the golden indicator/candle or whatever).. This scene is golden... https://www.youtube.com/watch?v=wM6exo00T5I Some "normal" people... were just watching, almost dead serious... at least at majority of "quotes".. With some the movie...
I always prefer the ‘87 Gordon Gecko Wall Street film but Matthew McConaughey does play a great role there.
  • #11
  • Sep 23, 2019 12:47pm Sep 23, 2019 12:47pm
Quoting helgastrxd
{quote} I always prefer the ‘87 Gordon Gecko Wall Street film but Matthew McConaughey does play a great role there.
Yea... I wonder if Oliver Stone got the real message that was released (perceived not necessary projected/intended; even M. Douglas seems to be surprised) with the WS87... It sured as hell did inspired many people, but that was not his intention I believe I have been planing for quite some time to show my view on the characters... Was talking a little about it here... I mean Gekko was consistent through the movie, he had his beliefs and sticked to them.. Fox was the one with the identity crysis issues and f.up everyone at the end... Much to be discussed here... I think many got some sort of message (un)knowingly... Just not sure the O.Stone designed it to be as such.. or wanted to prove how corrupt WS is.. If that was the case, it backfired beyond imagination

Also this Matthew's guy in the Wolf of Wall Street (2013) movie... is based on a real character that knows what he's talking about. The funny thing is that many think it is a joke scene, but it is as legit as it gets, If I know anything anyway...
Can you afford to take that chance?
  • #12
  • Sep 26, 2019 12:00pm Sep 26, 2019 12:00pm
Quoting auricforecas
{quote} Yea... I wonder if Oliver Stone got the real message that was released (perceived not necessary projected/intended; even M. Douglas seems to be surprised) with the WS87... It sured as hell did inspired many people, but that was not his intention I believe I have been planing for quite some time to show my view on the characters... Was talking a little about it here... I mean Gekko was consistent through...
It definitely is legit and that scene is hilarious! It's surprising how people misunderstand paper profits vs realized profits. I too am a believer in KISS not just in trading but in life in general. people think too much and just complicate things unnecessarily.
  • #13
  • Nov 7, 2019 12:12pm Nov 7, 2019 12:12pm
So how to trade using kiss method sir? What are the rules? Where can I learn that? Any in ff forum? Or website? I wanna learn
  • #14
  • Nov 11, 2019 11:13am Nov 11, 2019 11:13am
Quoting Romeites
So how to trade using kiss method sir? What are the rules? Where can I learn that? Any in ff forum? Or website? I wanna learn
Tha basic idea is to, sure it is good to go DEEP into the subject, but the idea then... (if not at the beginning)... to CANCEL the unnecessary rules, formulas etc... and STICK to SIMPLE (and stupid) method, principles.. and JUST DO IT... or do the numbers game, meaning you repeat and repeat until it hits Something like that...
The idea is not to overcomplicate things... It is a general principle that can be of much help.. Because it is easy to (over)complicate... some of us learnt that the HARD way... HARD MONEY way When I started, for example.. I used rather SIMPLE but powerful (maybe, to be seen) parameters... then I went too much into "finer" parameters, geo-politics, economics, news... speeches, conferences.. so it became a mess... Ok you get the idea For other SYSTEMs.. to trade.. I suggest you check under "Trading Systems", like here https://www.energyexch.com/forumdisplay.php?f=71
Can you afford to take that chance?
  • #15
  • Nov 8, 2020 1:11am Nov 8, 2020 1:11am
Hello Auricforecas.
well said, system after systems Traders try again and again. after losing some trade change the system again and again. I was doing that for some years. Now I focused on one method. No matter what I do I will lose money. Now my goal is making money over a series of trade. Not in one trade. Keep doing what you're doing. I can see you doing well.
MA provides the market's current direction and strength.
  • #16
  • Jan 8, 2022 4:22pm Jan 8, 2022 4:22pm
Completely agree. The simpler your edge, the better it works.
  • #17
  • Jan 9, 2022 10:00am Jan 9, 2022 10:00am
Here is a good one
https://www.forexfactory.com/thread/...fe-kiss?page=1
  • #18
  • Last Post: Mar 24, 2022 3:55pm Mar 24, 2022 3:55pm
Quoting auricforecas
Seems some people just forget the most basic trading systems of all.... Just put THE POSITION you believe to exploit the trend or future prices and WAIT... Or project a trend-line.. or even better, find it from someone else... and SHORT above the projected (average) line and BUY above... Although.. should the trend be the (down)trend... SHORTing might be much "surer" trades, in case the price drops to fast to quick... BUYS are much riskier then.. assuming projected trend is correct... So post here your SIMPLE trading systems please... because many...
XLE or VDE for my portfolio that’s my KISS
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