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(binned per thread starter's request) Beat The Market strategy

  • #2,581
  • Sep 22, 2019 5:42am Sep 22, 2019 5:42am
Quoting Mundo
{quote} On my last week of vacation, still reading and trading system. Difficult reading through 6 pages of repeated questions and off topic issues though. IMHO I believe the best way to handle the situation with newbie questions and repeated questions might be to change settings of thread for only those with diamonds allowed to post. It will keep those folks with 1 or 9 posts only, just joined Aug 2019...etc....from posting. They can still read thread just not post, only members with diamonds can. It will not eliminate all unnecessary posts but...
I fully concur with Mundo's suggestion here, regarding newbies posting repeated questions again and again. Another suggestion I thought of recently is to provide a telegram channel for those who are serious in moving this strategy forward. We can share all our ideas and other stuffs in this telegram group which will exclude spammers and trollers...and what have you!!!
  • #2,582
  • Sep 22, 2019 5:54am Sep 22, 2019 5:54am
Quoting LivingCovers
{quote} I fully concur with Mundo's suggestion here, regarding newbies posting repeated questions again and again. Another suggestion I thought of recently is to provide a telegram channel for those who are serious in moving this strategy forward. We can share all our ideas and other stuffs in this telegram group which will exclude spammers and trollers...and what have you!!!
Great idea, I’ve read the thread from start to finish, whilst demo trading. Well worth the effort, you should fully understand it and IMHO you won’t get it just by reading page 1, you need to study the setups and charts people have posted throughout the thread.

Fro info my demo trading has been profitable so thank you BTM!
  • #2,583
  • Sep 22, 2019 6:02am Sep 22, 2019 6:02am
Quoting lddd
{quote} May i ask why do you need such large amounts of pips? I would be happy with 20 Pips a week. Do you trade with a $10 dollar account? a 100 Pips a month already would mean a 10-15% to my account. :-) The largest hedge funds probably do a 10-15% p.a at best.
do you know what is money management? i will teach you :

Trader A ==>
balance : 2.000.000$
contract % : 2%
trade : 100 pip sl - 300 pip tp
lot : 40
if win : 120000$
if loss : 40000$

this trader risk his balance 2% ,if his tp hit, the return will be 6% of his balance,if sl hit,he loss 2% of his balance . 1:3 risk-reward .


Trader lddd ===>
balance : 50$
contract % : 20%
trade : 10 pip sl - 10 pip tp
lot : 0.1
if win : 10$
if loss : 10$

this trader risk his balance 20%,if his tp hit, the return will be 20% of his balance,if sl hit,he loss 20% of his balance . 1:1 risk-reward.

-------------------------------------------------------------------------
based on statistics and probability study which trader will loss his money after 50 random trade ??

now you understand why 2000 pip is more important than 100 pips,right? NO? ok i will tell you, with 2000 pips it will need less risk to grow up account balance.
  • #2,584
  • Sep 22, 2019 6:05am Sep 22, 2019 6:05am
Quoting lddd
{quote} Banks enter the market at any time if they see some opportunity. You can't "wait" for them.
Do you know how and when banks open contract ? Do you know about market fractal ? Do you know about S/R area and market waves?
  • #2,585
  • Sep 22, 2019 6:19am Sep 22, 2019 6:19am
Quoting uksoundz
{quote} Great idea, I’ve read the thread from start to finish, whilst demo trading. Well worth the effort, you should fully understand it and IMHO you won’t get it just by reading page 1, you need to study the setups and charts people have posted throughout the thread. Fro info my demo trading has been profitable so thank you BTM!
yes, we all need the practice to understand this system,but as you can see im still teaching here about the very basic lesson of market . im surprised why they instead of their wrong knowledge after explanation by other,they insist in their wrong mind . i described the first lesson of the market in post 1 about what is waves and what we are trying to do,but still arguing about waves,or still make them understand what is money management .many gamblers and low knowledge are here which dont want to learn and correct themselves. its like im describing the sun , and they ask me to prove the sun is luminous and hot . what is our mission ? is to building a rocket and travel to the sun . what we are arguing? prove the sun is luminous and hot.
  • #2,586
  • Sep 22, 2019 6:28am Sep 22, 2019 6:28am
Quoting leppozdrav
let's solve this once and for all already. I don't know how hard it must be for some, but here is a schematic picture that might help some users to use the rules correctly. These are the basics. Don't jump into each trade following these basics. Each trade should be at your own risk and after your analysis of the market situation. But still, following these rules, will save you half of the trouble. {image}
Its possible to program dashboard to take only trades where stop loss is beyond the indicator? Like this picture
Attached Image
  • #2,587
  • Sep 22, 2019 6:32am Sep 22, 2019 6:32am
Hi everyone
For those, like me, trying to catch up with the thread a little tip. Put the thread into print mode and change to 40 posts per page. Hope that helps. I am going to try and download the whole thread, will see how long it might take.
Looks good from what I have seen. I will be trying on a demo next week. I have developed my own mtf system in the past but always failed with tp and sl settings. This one seems to have sorted that.
  • #2,588
  • Sep 22, 2019 6:50am Sep 22, 2019 6:50am
Quoting Brian214
{quote} Hi Mizi, I am one of the people having the problem with the RAR file ext. that is in post 1. When I attempt to use it it is just saying windows does not recognize this file. Do you know how to get around this??? Also the files A to f that were there earlier seem to be gone??? Are they consolidated or something. Appreciate any help with this. Brian.
I tested the two RAR files with 7-ZIP 4.65---NO GO!
Attached Image

Attached Image


But with WinRAR 5.21, no problem.
Attached Image


I unpacked using WinRAR and then repacked as ZIP using the default app in Windows 8.1
Attached File(s)
File Type: zip Beat The Market_repacked.zip   138 KB | 1,353 downloads
File Type: zip BTM DASH v1.02_repacked.zip   103 KB | 1,190 downloads
To free Gazans of Hamas, use whatever it takes.
  • #2,589
  • Sep 22, 2019 7:18am Sep 22, 2019 7:18am
Quoting stevecartwright
Hi everyone For those, like me, trying to catch up with the thread a little tip. Put the thread into print mode and change to 40 posts per page. Hope that helps. I am going to try and download the whole thread, will see how long it might take. Looks good from what I have seen. I will be trying on a demo next week. I have developed my own mtf system in the past but always failed with tp and sl settings. This one seems to have sorted that.
this is a very good idea.
  • #2,590
  • Sep 22, 2019 7:19am Sep 22, 2019 7:19am
Quoting DrDave
{quote} I tested the two RAR files with 7-ZIP 4.65---NO GO! {image} {image} But with WinRAR 5.21, no problem. {image} I unpacked using WinRAR and then repacked as ZIP using the default app in Windows 8.1 {file} {file}
thanks DrDave.i will add your post in post #1 . thank you again.
  • #2,591
  • Sep 22, 2019 9:43am Sep 22, 2019 9:43am
Hi BTM!
May i know what is the maximum value of Indicator D? If i put 7200 value is it still function well? Because i need the value higher than 1440(D1).
  • #2,592
  • Sep 22, 2019 10:00am Sep 22, 2019 10:00am
Hi everyone.
I am new here and I just started following this thread over the weekend. Thanks BTM for sharing this amazing thread and I am very excited for the market to open. Unfortunately, I am not able to run the dashboard and it shows only black screen. That's what make me think of if the dashboard will only appear once the market is open. If not, anyone have solution for this issue?
Attached Image (click to enlarge)
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  • #2,593
  • Sep 22, 2019 11:14am Sep 22, 2019 11:14am
Hi btm thanks for your strategy, i use the indi you gave to me, but i using with a little different way, i only use D indi and i use your system as counter trend.and i think its not a bad result from 1sept until now,so could you pleaseeeeeeee gave the alert on indicator D when the arrow appear in the upper or bottom band? pleaseeee.
thank you BTM.
GBU
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 38 KB
  • #2,594
  • Sep 22, 2019 12:08pm Sep 22, 2019 12:08pm
Quoting mpew
Hi btm thanks for your strategy, i use the indi you gave to me, but i using with a little different way, i only use D indi and i use your system as counter trend.and i think its not a bad result from 1sept until now,so could you pleaseeeeeeee gave the alert on indicator D when the arrow appear in the upper or bottom band? pleaseeee. thank you BTM. GBU {image}
Can you explain how do you trade?
Anything above the line is an uptrend, below the line is a downtrend.
  • #2,595
  • Sep 22, 2019 12:44pm Sep 22, 2019 12:44pm
Quoting Degolep
{quote} Can you explain how do you trade?
You need to start a new thread if you want to discuss that. Can't even get people to understand how to use the rules and tips in post #1.
To free Gazans of Hamas, use whatever it takes.
  • #2,596
  • Edited 4:41pm Sep 22, 2019 3:11pm | Edited 4:41pm
Quoting BTM
NO? ok i will tell you, with 2000 pips it will need less risk to grow up account balance.
The amount of Pips is totally irrelevant to the risk you take if you calculate risk in percentages to your accounts equity.

A Trader A could make 100 Pips a day and end up in 10% ROI
A Trader B could make only 10 Pips a day and end up in 10% ROI.

Both with exactly the same risk. Both could decide only to use 2% risk per trade to achieve that no matter how many pips the strategy CAN do.

Therefor "Pips" are an absolutely meaningless measure of a trading strategy. That's all i wanted to say, so more pips doesn't mean more success or less risk.

I understand the fact people like to have a strategy showing that it's able to generate thousands of pips per week (which is not needed to make a killing) just because they want to have a chance of growing their account ultra quick. Reality is that 99.9% of such people will wipe out their account ultra quick.
  • #2,597
  • Sep 22, 2019 7:50pm Sep 22, 2019 7:50pm
Quoting 788
Hi everyone. I am new here and I just started following this thread over the weekend. Thanks BTM for sharing this amazing thread and I am very excited for the market to open. Unfortunately, I am not able to run the dashboard and it shows only black screen. That's what make me think of if the dashboard will only appear once the market is open. If not, anyone have solution for this issue? {image}
market open now, so i believe your problem has been solved?
  • #2,598
  • Sep 22, 2019 7:52pm Sep 22, 2019 7:52pm
Quoting LivingCovers
{quote} I fully concur with Mundo's suggestion here, regarding newbies posting repeated questions again and again. Another suggestion I thought of recently is to provide a telegram channel for those who are serious in moving this strategy forward. We can share all our ideas and other stuffs in this telegram group which will exclude spammers and trollers...and what have you!!!
Yes, telegram group would be good.
  • #2,599
  • Sep 22, 2019 8:57pm Sep 22, 2019 8:57pm
New to this forum. Just spent the weekend reading the entire thread! Looking forward to this trading week and trying out this BTM strategy! I'll keep updates posted as I go!
  • #2,600
  • Sep 22, 2019 10:14pm Sep 22, 2019 10:14pm
Quoting LivingCovers
{quote} I fully concur with Mundo's suggestion here, regarding newbies posting repeated questions again and again. Another suggestion I thought of recently is to provide a telegram channel for those who are serious in moving this strategy forward. We can share all our ideas and other stuffs in this telegram group which will exclude spammers and trollers...and what have you!!!
Stop acting like an elitist, at one point you were a newbie. not everyone has months or years of experience trading Forex. People ask questions even silly ones that's literally how people learn. not everyone speaks English as a first language be kind and be patient or just keep scrolling.
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