Trading Truths | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Day Trading vs. Swing Trading vs. Position Trading 86 replies

Popular Trading Tips: Truths or Myths 36 replies

Inescapable Truths 143 replies

A collection of truths and proto-truths 5 replies

Attachments: Trading Truths
Exit Attachments

Trading Truths

  • #21
  • Oct 17, 2019 5:59pm Oct 17, 2019 5:59pm
Quoting AbbasRizvi
Hi Pipoholic1, good start. I am unable to understand why most of the traders/analyst, like you, oppose using of indicators while graph is also an indicator. The indicators opponents should directly trade from MARKET WATCH. Will you please differentiate between PRICE ACTION and LEVEL TRADING? Instead of writing long long paragraphs from you or us, I think we should come on practical aspect of trading. You take positions from smaller TF graphs like 5M/15M Gaph. If you want to help us and certainly you are eager to give us better learning, I am posting...
1. The graph in and of itself is not an indicator. It represents price in real time whereas indicators represent what has happened and are lagging behind the graph.

2. I don't know what you mean by "level trading". Perhaps you are referring to support and resistance or something similar. Price action refers to the ability to describe what price is doing on an individual bar/candle level, minor swing level and major swing level.

3. I think it's a bit arrogant for you to demand the thread starter to conduct his thread in any other way then he wants to.

4. Your 15 min chart of EURUSD is woefully limited and it's unreasonable to demand anyone to submit where and why they would buy or sell.

Get a grip!
Freedom is not free
  • #22
  • Oct 17, 2019 7:33pm Oct 17, 2019 7:33pm
Yes i am agree with u except few things.i am really looking for ur no 4 question answer..how the market actually move,who is controlling the market price..where can i get all of the answer let me know..thanks for ur topic..!!
  • #23
  • Oct 18, 2019 3:31am Oct 18, 2019 3:31am
As if it isn't hard enough to trade profitably, you have brokers/spread/CFD platforms increase spreads and margins when volatility increases. volatility is a day traders friend. RISK AND REWARD GO HAND IN HAND. But, most trading platforms portray volatility as a villain,
  • #24
  • Oct 18, 2019 6:57am Oct 18, 2019 6:57am
Quoting Zeus20
As if it isn't hard enough to trade profitably, you have brokers/spread/CFD platforms increase spreads and margins when volatility increases. volatility is a day traders friend. RISK AND REWARD GO HAND IN HAND. But, most trading platforms portray volatility as a villain,
Amen brother.
If in doubt, paddle out!
  • #25
  • Oct 18, 2019 11:27am Oct 18, 2019 11:27am
Abe16 - Thanks for the response there. You are correct! The graph as he calls it is not an indicator. It is an up to the minute (or 5min, 15m etc.) log of receipts of transactions. That is all the candles represent. All indicators are lagging. Because it takes something printing to draw it's indicator (10 SMA takes 10 candles to draw one dash of a line). So honestly they are useless and give people a false sense of security. I only use indicators to raise my confidence or should I say probabilities the trade will work. Basically to give me a warm fuzzy so to speak. I like when they line up with my trade logic. But I never just trade the indicator. Price action always leads the way.

I also am not sure what is meant by "level trading" I am unfamiliar with this term.

The 15m chart posted is only a snap shot in time. The only thing I could tell you from that small of a time is what might happen on the 5m or even tick chart. Which I do not use. I do take my trades on the 5m and 15m chart. But it is only after I know where I am in the story from the higher TF. Once I can predict the higher TF with good confidence then it makes it easy to go to the smaller TFs and extract a trade.

Auricforecas - What I am trying to offer here is a shift in mentality about trading. I know exactly what I am sitting on. It is based on logic and thinking as the aid to trading. That is the reason I am not posting any charts right now. You must have a shift in your approach and logic to trade successfully. The fact that you want so badly for me to show a chart tells me you have missed the little hints I have given you in my previous posts. Money has too much value to you at the moment. All you care about (not to be disrespectful, it is just the easiest way to say it clearly) is how do I take a trade that I can have a 5 to 10 pip stop and win a 20, 30, 70, or more pips on? How you would be rich! How? how? how? I have been telling you from the first post how. It starts with how you think about trading. The edge does not matter so much. I hope that makes sense. Like I said in the beginning I might hurt some feelings. But it is only because I am a straight shooter and say it without any candy coating. You must shift your thinking, so that you start from how the big player needs to move their money. Not from the edge up to the big boy. That is why trading is so hard for most people. It is not so much with their system/edge (like I have said they all can work). But with their thinking. When you know why the edge/system works is when you start to understand trading. My edge is designed to exploit what phase the big boy is at in their movement of money. It is designed to wait for that perfect amount of confirmation that they are showing up. And to identify when they are slowing down at the end of their move so I can get out. I could use any edge to enter the trade if I know where we are in the story from the big player. I hope that makes sense.

The higher TF is always the ruler and is what I follow. Notice I said follow. Why? I follow the transactions/receipts of the big players. And if you read every detail of those receipts, they start to give you information about what he/she needs to do to move their money. Or at what phase in their movement they are in. Let’s delve into that a moment. See they do not care if they make 20, 30. 50 pips here or there. Or if they lose some money. They are perfectly ok with taking losses. They have a certain amount of money that they must trade or move in and out of the market. So the key is how do they do that? Like I mentioned in an earlier post, they cannot just take a trade like we do. They cannot just make a large 500 million dollar order. The market could not handle it. So their strategy is different than ours. We as retail traders are reactionary traders and the larger player is action based. They have to take certain actions to get people like us to do what they need. Mainly they need us to execute orders that they can use to their advantage.

So with that in mind give me some ideas as to how you think they do that. There is always time for charts in the future. But for now let’s play this game. This is supposed to be educational right? Let’s move away from the charts and talk about the psychology of the larger traders. Put yourself in their shoes and give me some strategy ideas. I want to see what you come up with. This is step one.
  • #26
  • Edited 1:31pm Oct 18, 2019 12:51pm | Edited 1:31pm
Quoting Pipoholic1
Auricforecas - What I am trying to offer here is a shift in mentality about trading. I know exactly what I am sitting on. It is based on logic and thinking as the aid to trading. That is the reason I am not posting any charts right now. You must have a shift in your approach and logic to trade successfully. The fact that you want so badly for me to show a chart tells me you have missed the little hints I have given you in my previous posts. Money has too much value to you at the moment.
Inserted Video


Wow man, BINGO! How did you figured this one out? I thought it is obvious we are all here to save lives with non-profit motives. Yes, I can confirm, you "nailed it"... I trade 100% because of the money... No pun intended.. In fact I think if anyone here is for anything else... I already know his future... It is hard as it is, one of the hardest racket in the world.. as is, without adding anything else in the mix (ego, fillings etc..)...

Quoting Pipoholic1
All you care about (not to be disrespectful, it is just the easiest way to say it clearly) is how do I take a trade that I can have a 5 to 10 pip stop and win a 20, 30, 70, or more pips on? How you would be rich! How? how? how? I have been telling you from the first post how. It starts with how you think about trading. The edge does not matter so much. I hope that makes sense. Like I said in the beginning I might hurt some feelings. But it is only because I am a straight shooter and say it without any candy...
I do not care about your respect or disrespect man... I can't buy shit with respect... See here... Just give me the "whatever" so I can squeeze more from the market and we can be good "friends" We might both get something out of it... I am sure I can bring some value...

Quoting Pipoholic1
You must shift your thinking, so that you start from how the big player needs to move their money. Not from the edge up to the big boy. That is why trading is so hard for most people. It is not so much with their system/edge (like I have said they all can work). But with their thinking. When you know why the edge/system works is when you start to understand trading. My edge is designed to exploit what phase the big boy is at in their movement of money. It is designed to wait for that perfect amount of confirmation that they...
I have been in this business for 10+ years.. and I know bullshit when I see it... Have seen many "holy grail" traders.. In fact we have one very popular in here... For example, he was raping people with sharks and bulls for whole of the summer... now is so far into deep that seems to be no sunshine... Now he is SHORT (when the bulls, that he was calling for all summer, did arrive (for the moment at least)... So right there you had a success story.. using his trade and do the opposite=good money... Many are (still) walking around blind without a cane

Man.... since you went down to "no hard fillings", straight truth etc... I can tell you directly as well.. I think you are full of it...
You might WIN but then lose TWICE after

Quoting Pipoholic1
All you care about (not to be disrespectful, it is just the easiest way to say it clearly) is how do I take a trade that I can have a 5 to 10 pip stop and win a 20, 30, 70, or more pips on? How you would be rich! How? how? how? I have been telling you from the first post how. It starts with how you think about trading. The edge does not matter so much.
If you would actually red my post you would see how... SL5-10 would mean you could tune leverage up to 500:1 or even 1000:1.. and at TPs 20-70... Let's say TP50... since you brought factor 4-5 into this... Would mean.. SL10, TP50... at 500:1, account=position (you haven't mentioned win-rate or number of those in a row, average, low, max etc...)... But see, TP50, SL10, 500:1.. all account in (at every trade) would mean x3 (tripple per trade)... so that would mean 100USD (initial deposit) and after 10 trades of those you would get 1mio+ out!... https://www.wolframalpha.com/input/?i=100*3%5E9
BTW previous post was not about me actually get something out of you, but to politely show you that what you are trying to sell us here is impossible... unless you have some superpowers which would violate your Truth #4 “You will never move the market” from your first post in this thread. If you did imply in repeatable trading style as this... not like many that show massive profits and hide the loses that follow shortly

BUT! If I am wrong... and you PROVE it, without the crap... I would like to work with (any of) you and hope we can both bring more value to everyone Just don't threat (all of) us as fools... Because what you have just tried to say is impossible to add up... I have shown you why... How many those R:R in a row can you make in a row in a given time, even if it happens after n=20 trials... how far of n=X can you go with this? Don't know if you understand why this would be almost impossible or you are a billionaire already which I highly doubt...

P.S. Maybe troll army passed this one since they would overdose...

"P.S.2 " The "Truths" should be DEAD GIVEAWAY... There are no (absolute) truths in the market(s)... Just some temp rules that do appear to work some of the time... This is what most are best hope for... See/find something, exploit it, harvest it... gtfo with profits once your number is reached and be happy... still play on the side... Some did get high but were there for too long, brought everything back to the market... And if you maybe did find some "truths".. they are the ultimate truths of reality itself, not just market.. so again.. no absolute truths in market(s).. Not even just this one
Can you afford to take that chance?
  • #27
  • Oct 18, 2019 1:29pm Oct 18, 2019 1:29pm
haha, Wow touchy there buddy. So you have been in this for 10+ years! Excellent! Then you know everything. Why even come to my thread. I would venture to say you are not profitable consistently. I mean if you were why bother, begging me to prove something new to you. Look I have a method I want to present this material. If you don't like it or have doubts that is your choice. Don't visit my thread. It is obvious I cannot teach you anything anyway. You are not willing to step outside your box that you are in and look at something from a different point of view. We call this closed minded. And that is ok. But for those interested in seeing this from a different point of view other than the same old point of view that EVERYONE else explains it, welcome!

Now if you want to play along and be value added as you suggest you can be, then answer the questions. Help everyone else out. Give them the answers to the questions. I mean 10+ years in the market has taught you something about this way of thinking I hope.

And yes we are in it for the money. We all are! But any elite trader will tell you, that when you value money too much (like you obviously do) you never get it. Either you are trading scared on every trade, that you will lose your money because you have to make more, more, more. Or you are trading with money you cannot afford to lose. This means you are barely hanging on. It is perfectly ok if you want to bash me and think I am full of it. I mean what I have I even shown yet to give that impression? Does presenting info in a way that does not suit your ideals offend you? I am not sorry for that. I have taught people how to trade for years. I know what I am showing works. I don't need to share and I damn sure am not selling anyone anything. So relax! Sit back and be happy! I like helping people. I like giving back. I had people help me when I was learning so why not share. What you call crap is vital to being a solid trader. If you cannot see that than you are full of it brother.

Ok this will be the last email I will try to pull you back and slow you down. I will just ignore anymore post where you are trying to attack me and my presentation of material. I honestly don't care how you feel about my material. Again if you don't like it leave. Simple as that. If you want charts too bad. I am not at that point in presenting that I want to show charts. That is how everyone starts. Deal with it.

Also Thank you for your criticism and your opinion! I appreciate your concern.
  • #28
  • Edited 2:07pm Oct 18, 2019 1:50pm | Edited 2:07pm
Quoting Pipoholic1
haha, Wow touchy there buddy.
Still seems you do not understand... Physical/emotional sensations are irrelevant, or shouldn't be... in this racket... I confirmed a lot (about money motives etc...) that you said about me.. Mind you, confirmed, not fought! So you got your logic wrong...

Quoting Pipoholic1
And yes we are in it for the money. We all are!
Glad we solved this

Quoting Pipoholic1
So you have been in this for 10+ years! Excellent! Then you know everything. Why even come to my thread. I would venture to say you are not profitable consistently. I mean if you were why bother, begging me to prove something new to you.
No man, you are wrong again... Being in the business for 10+ years... one is beginning to realise how little one "knows".. The best insiders are 20+ years in it, to realise this simple "truth".. I myself scratched balls (of it) at best.. found some possible (co)relations in the market although I might not have a clue why/how the do seem to do so... At least in greater detail.. Have some theories but haven't confirmed and it is a long work to do so.. to lock something into "a law" or "fundamental rule".. and if managed.. it would be much wider than trading itself... Since everything is reflected in markets due to some "effect" But that is another topic...

Of course I am not profitable consistently.. Anyone that is claiming this is a fool or a wizard I was begging for the results (had strong reason to believe there is none)... But yes, I would beg for cooperation should you be able to provide 1/5 of what you claim.. I have no ego in this man... Here for the money... Would work with worst enemy if we can both make good money out of it... Found this is a requirement for this racket... Check WS culture... it is a requirement.. if you put anything above profit/money.. you are OUT... Many businesses went down due to ego, stubbornness... So again, if you really do share something... I would like to see.. but you convince me with every post that you have no clue what you are talking about. Hope I am wrong and all the rest can make good money out of this.. and hope I can join (later) and admit I was wrong.. No problem...

Quoting Pipoholic1
Look I have a method I want to present this material. If you don't like it or have doubts that is your choice. Don't visit my thread. It is obvious I cannot teach you anything anyway. You are not willing to step outside your box that you are in and look at something from a different point of view. We call this closed minded. And that is ok.
Again, your logic is flawed... I came because I am OPEN minded for anything.. I welcome any enterprise that will increase my stock... But also learned (over the years) when to CLOSE the mind so not to be infected with bad thoughts...
In case you are full of it, I try to "save" some rookies that you might follow into abyss like many gurus do already... What they do is up to them, just contributed if I can... The ones that needs shaving/shear will be shaved/sheared regardless... Some people just have itchy wool
This R:R 1:5, TP50+ at SL10- got my attention but now I see that you are just fooling around...

And do not bring this "kind" words to me.. I found out that POLITE and CAPABLE rarely meet... The best traders are horrible to work with... "terrible" people, personality.. nutcases, but also.. out of the box af... wizards... That is the price they pay for that... You strike me as a polite teenager that had too much time and lost some grandma deposits.. now came here to teach the others about the ultimate trading truths... disguised into some abstract language so that you are always right.. like those people who pick random number, draw a line and say.. "should reach.. bullshit, else... bearish" etc... So all correct

I timestamped my predictions... I won't mess with your thread man... Have your play The ones that will need to be sheared, will be..
But if you want to become serious, in case I am wrong and you are not a total bullshitter... can PM me... or QUOTE me here.. since I won't be tracking.. BTW if you mention my name, I do not see it unless I visit the thread... If you need my attention, learn how to quote Tnx! You can check my TP20SL20 thread, if you have this magic wand Can also check my predictions I have made (correctly) since 22JUN19, 25JUL19 in graphic... etc.. and WTI OIL, GOLD... blah blah.. Ok you got the picture, c u, maybe...

BTW I was polite until you attacked first!
Can you afford to take that chance?
  • #29
  • Oct 18, 2019 2:43pm Oct 18, 2019 2:43pm
Thx for the honesty. If you want to find out if I am fooling around then why not follow along and see what happens. Answer the questions and see what happens. By the way I have lived on my own since I was 18 years old. I am a 48 year old man and married my high school sweetheart a month after high school Not a teenager and not someone just starting out. I am a very profitable trader that has been trading full-time for 3 years now. This is my only job. I am still going strong and do not have a boss. And again, I am not here to sell anyone anything. I have some things that I have discovered as profound in my trading over the years and thought I would share.

I must disagree about having to have 20+ years in to be good. That is just incorrect. I also know a lot of great and very profitable traders who have great personalities. And are Awesome people. So this is WAY wrong. Anyone that knows me knows I like to help. Believe it or not.

So if you have come here to learn how I get high "R" trades then how about read, ask question, and trust the process for a little while. Why come at me? Makes no sense to me at all. And if as we progress if you think you find flaws lets discuss it as adults. But as of now I have not shown or presented anything to give you any reason not to just follow along and participate for a while. Not everything has to be charts and rules to execute a trade. There is far more to learn than when to pull the trigger.

Well that is it for the weekend. I will chat back on Monday. If people are interested I will continue. If not no worries I will just go about my business and not get involved with trying to help. Means nothing to me either way. I was not expecting to get attacked before I even get started.

BTW telling someone that they are full of it without even hearing what they have to say is not being polite brother. Just because I would not fall to your will and give you charts or prove something. You need to reevaluate what is polite. I mean we are only 28 posts in and most of them has been fussing with you. This is non-value added. Also I love how you only quote parts of what I say and then take them out of context. Nice work!
  • #30
  • Edited 5:39pm Oct 18, 2019 3:08pm | Edited 5:39pm
Quoting Pipoholic1
Thx for the honesty. If you want to find out if I am fooling around then why not follow along and see what happens. Answer the questions and see what happens. By the way I have lived on my own since I was 18 years old. I am a 48 year old man and married my high school sweetheart a month after high school Not a teenager and not someone just starting out. I am a very profitable trader that has been trading full-time for 3 years now. This is my only job. I am still going strong and do not have a boss. And again, I am not here to sell anyone anything....
Man, again, if you want to tell me something, please quote me.. I had the thread open this time so I saw you were telling me... But won't do the next time.. I don't want to mess with your thread but when I asked you simple thing here and you instead started to give me some "advices", mentality opinions, openmindness status, money value etc... instead of giving some example or just ANSWER what I was asking you... because the way you presented it seemed to be some very good potential... If you red closely.. BTW I was not aware of certain things when I started trading.. so under-harvested much of profits... One of the reason I opened TP20SL20 thread.. and when someone mentions TP50SL10 for example... would like to know how many in a row.. even if only for small amount of times and could crash afterwards.. because we would only need not many of those in a row to RETIRE...

Man, I glad you are honest about your life story and I do believe it... Except for the trading part And about your polite friends... I sure hope they are traders traders... not some called as such... Not many IB traders are traders this days.. they just provide liquidy, fill orders... And about 20+ years.. didn't say it takes that long to be good but to start realising some simplest "truths"... Read my quotes as I write them "The best insiders are 20+ years in it, to realise this simple "truth".."
Most traders either make it or they quit in a few years.. Was talking about insiders... People that have seen all the twists... Some older financial guys for example... But that is another story...

So you started this... I wanted simple answer or sample, whatever.. you started "teaching me" instead... I do not have time to check every thread to find it was all bull at the end... You have to present something, at least to me...

But man, do continue, if people seem to like it... Do not mind me, won't bother you, just do not teach/preach to my direct no-bull question... Just don't answer or state you won't instead of redirecting into some philosophy crap... prepare for responses... if this is tough... I do not know how you handle/d abuse from the market(s)...

BTW
Quoting Pipoholic1
But as of now I have not shown or presented anything to give you any reason not to just follow along and participate for a while.
That's what I'm saying! And till you do, I do not like the teaching/preaching/judging, specially to my direct, no-bull, down to business question...
Attached Image

Quoting Pipoholic1
Not everything has to be charts and rules to execute a trade.
Well then you really misrepresented yourself in the first post (or Thread TITLE) in the first/opening post when you gave us 6 "Truths". Is that the Truth number 7?

And you seem to be a fast learner... judging by your Truth #6 “Stop using indicators, Master the basics”, since you were using at least one indicator at least about a year ago, if I remember correctly...

And congratulations on your marriage, seriously, specially with high school sweetheart! I also respect anyone that is independent (regardless of the income), no boss etc... I also hope you did get my point... I do not regret my responses to your response! I started politely and was down to business.. but you turned it... so there you have it.. Ok, take peace man! Should you see value in me etc.. or if you really have something, can PM or QUOTE me... I am sure I can bring/increase value to both/all of us (What I want for myself, I want for everybody)... ELSE... take care.
Can you afford to take that chance?
  • #31
  • Oct 18, 2019 3:10pm Oct 18, 2019 3:10pm
Well I have some reading work over the weekend here.

Keep on going

A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
  • #32
  • Oct 18, 2019 3:10pm Oct 18, 2019 3:10pm
Quoting Abe16
{quote} 1. The graph in and of itself is not an indicator. It represents price in real time whereas indicators represent what has happened and are lagging behind the graph. 2. I don't know what you mean by "level trading". Perhaps you are referring to support and resistance or something similar. Price action refers to the ability to describe what price is doing on an individual bar/candle level, minor swing level and major swing level. 3. I think it's a bit arrogant for you to demand the thread starter to conduct his thread in any other way then...
Hi Abe16
1. It is right that graph is not indicator but graph contains candles and candles are also considered indicator so I collectively called graph an indicator.Candles represent
price and indicators show what has happened and what can happen next. Actually indicators are not lagging but the traders are lagging who various times do not
understand the indication. RSI, MACD, MOVING AVERAGES, are lagging indicators?
2. Level trading, very simple, when price reaches to a certain price level and returns from there that creates a price level. Mkt again approaches to that level of price
and either cross that level or return back. At this price level indicator aware us weather the level is going to be defeated or honored.
3. No dear mate I do not demand from thread starter to conduct the thread in any other way but requested to include only one graph stating reasons of buying/
selling and keep his thread going as he wishes.
4. If 15 min chart is limited it can be expand by joining with previous or any time frame can be selected. Dear mate if he can not teach us from where and why
we should take position of buy/sell then what is the use of this thread.
5. What do you mean by "Get a grip". Without knowing any thing how can any one get grip and you are not allowing the thread starter to let we know some.
It is all for learning purpose
Good wishes
  • #33
  • Oct 18, 2019 4:19pm Oct 18, 2019 4:19pm
I must say, I find myself agreeing with aspects of what Auricforcas says.

If you peruse this forum alone for one minute, you’ll find a wealth of individuals whom purportedly have the advice and knowledge to steer you on the path of success. I have read many a thread which has taken hundreds of hours here, there, everywhere only to find out it was a complete waste of time.

I’m not against participating in a meaningful way to this thread, in fact I would be more than happy to and I hope I’m not speaking out of turn when I say I think a lot of others would too. However, I’m sure you have to understand that it has to be equitable decision for people to really get stuck in based on just what exactly you’re purporting to offer. Drip feeding is great if you have a captive fresh audience, however if you’re looking toward people who have been in the game for more years than they care to remember, it’s worth noting that the truths you allude to are rather a given everyone accepts in some way or another. You should, in my opinion, be giving a factual reason (not necessarily charts, but something to distinguish you from those who have turned out to be snake oil salesmen) to give these truths more weight then they currently do.

I hope you understand the thrust of my post here is not to be negative or to tell you what you are doing is wrong, I’m just trying to highlight my belief that I suspect you would yield more fruits if you didn’t come at this with an angle that could be perceived as another self-proclaimed guru who knows the path to the holy grail if only you hold on and have faith - a reciprocal, and collaborative tone and presentation in my view would yield so much more in my view. It’s just the way of the world and more so the way of the game that we all play.

In essence, you need to throw a bone people can engage around and re-analyse the way they approach this business or it’s scepticism and misunderstanding abounds.

Just my take anyway.

LR
  • #34
  • Oct 18, 2019 5:39pm Oct 18, 2019 5:39pm
Great Thread! Very thoughtful!!! Man, I agree with everything you said. So much valuable knowledge for everyone to absorb. Price action is the key and understanding how and where buying and selling pressure is coming from!
  • #35
  • Oct 18, 2019 6:22pm Oct 18, 2019 6:22pm
good points Barry!

Can I ask do you trade via futures markets?
How many contracts do you have on a position

How much do you make per year? Millions?
Are you consistent every week? At the end of every week you are well in profits yeah?

Exciting to hear finally a real successful pro.
  • #36
  • Oct 18, 2019 7:43pm Oct 18, 2019 7:43pm
George in TMA thread have years of experience and had master a system that never fail. He stated that he will slowly disclose his method.
And get into all kind of argument so as to excuse himself from posting anymore.

Yes, the ever winning method by Davit, is the best, whenever he make a call just trade the opposite.

Heck, just master semafor, a unforgiving re-painter, and if you can resolve the puzzle that it present on the charts, it will be the only indicator you need.
  • #37
  • Oct 19, 2019 3:08am Oct 19, 2019 3:08am
Excellent thread.
By the way R:R 1:5 is ok. Try explaining 1:20+ to them.

Cheers
  • #38
  • Edited 6:12am Oct 19, 2019 6:01am | Edited 6:12am
Quoting AbbasRizvi
Hi Pipoholic1, good start. I am unable to understand why most of the traders/analyst, like you, oppose using of indicators while graph is also an indicator. The indicators opponents should directly trade from MARKET WATCH. Will you please differentiate between PRICE ACTION and LEVEL TRADING? Instead of writing long long paragraphs from you or us, I think we should come on practical aspect of trading. You take positions from smaller TF graphs like 5M/15M Gaph. If you want to help us and certainly you are eager to give us better learning, I am posting...
my fiend we do not do analysis from a single time frame especially smaller time frames, you cant just place piece of graph and expect to know were the market is going.... we check multiple time frames to get idea where the market is going... smaller time frame is just for entries after we have known the direction of the market from bigger time frames and not time frame!
the guy is speaking the truth if you really want to understand the market that is the path
  • #39
  • Oct 19, 2019 7:43am Oct 19, 2019 7:43am
Quoting Pipoholic1
haha, Wow touchy there buddy. So you have been in this for 10+ years! Excellent! Then you know everything. Why even come to my thread. I would venture to say you are not profitable consistently. I mean if you were why bother, begging me to prove something new to you. Look I have a method I want to present this material. If you don't like it or have doubts that is your choice. Don't visit my thread. It is obvious I cannot teach you anything anyway. You are not willing to step outside your box that you are in and look at something from a different...

Hi Pipoholic1

I fully understand what you have said on first post. I find this thread could be interesting for all. I would like to ask you not to get into fights with people that will not bring anything positive into your thread.

Looking forward to seeing more posts from you
  • #40
  • Oct 19, 2019 10:14am Oct 19, 2019 10:14am
Hi
Thank you for all your time and great insights. Looking forward to hear from you soon. Greatly appreciated.
Keep alive a genuine winning attitude
0 traders viewing now