has anyone EVER seen a successful trader/trading system?

Perhaps, but this one, even by my standards (which are very, very low (: )
, is a bit odd ...

you forgot just one thing...to trade! you have a chart and lines and mathematics etc. but you are not trading, all about trade is a sentiment of the market, any market, when did you take 5 hours from your day to understand where the market spouse to be? without a chart! you cant win this game with statistics when 90 percent of the market is psychology.for example, the coronavirus will bite all the technical programs you will put against them. good luck in the future mate.

seems i got davit worked up on his thread LOL...keep posting chess exercises you pick off the internet and keep claiming they real games youve played LOL....if it was me you were playing against id have gone Bxf5 and let you stew LOL

this is the last post about david cause i dont want to publicize or help him with his viewer drive to his thread LOL david crawls out from under his rock as regularly as the swallows returning to capistrano to start a viewer drive of new members so he can get his jollies banning them from his thread LOL....what a dipshit

faithful soldier of david. this is how you end up playing with lighters. Anyone who trades in real money knows that the broker can bill for losses. The bailiff knocks on the door. but what do I care let them play with the lights.

That's why I'm saying this guy teaches people bad things. Even if they earn for a moment they land in hell.

looks like hes deleted his posts about me LOL..... I WON

he'll complain to admin that im picking on him for no reason and ill have to explain to twee about the deleted posts on his thread

I WON I WON I WON LOL

you are right david manipulating people. Once it shows a lot of pips, other times it takes pity. Because it's overcharged. Pathetic

Hutch, I couldn't agree more with your post... I am not a fan of Nietzsche's philosophy also except for this quote
I day trade (setup TF is 30M) in the direction of HTF but I also take counter-trend trades during the day. When my pattern is invalidated, it means the market proved me wrong (no argument here) and I move to the next trade...That's how my chart will look like when the market opens at 5 p.m NY time.

Interesting discussion you have there... I like to see traders talk their mind, unfiltered.. Much to be learned that way.
Also, I might add that during my active trading years (10+) there were quite some changes... I believe that the problem some might have that they are looking for
BANK DEPOSIT equivalent in trading, for example... "If I deposit 10k in bank account I get %/year" + "But if I trade, I can make %/year"... I believe that is the source of many disappointments... The best systems, crazy profitable ones, are the ones that saw the WINDOW OF OPPORTUNITY, exploited it to the hilt and re-invest in some other investment or different strategy... Some here are mentioning YEARs.. Do you know how much can change? I mean I knew of a strategy that worked top-notch till it didn't But it was tech-wise, IT style... The ones that are in the trading 10+ years can recognise what it was... It was possible to earn money by tech advantage, one would still have to know the market, in a way what kind of "deviations or deltas" can be expected... As I said many times.. even if one would have the "insides", if that is possible in fx/energies/metals anyway... one would still have to know how to make money out of it... Most people (non-traders) wouldn't get a penny out of the info at best, at worst they would blow the house (their own )

Ok so in the 11 years markets changed much.. Liquidity/volume dropped quite a bit, with an exception of some central banks or twitter dramas... not much is going on...
Market is very slow... For example, 11years ago, 20PIP movement in EURUSD was a JOKE... 200PIP moves were happening within days (at rather normal trading).. I particularly remember epic "cycle" when market was swinging 200PIP up/down for few weeks, it was epic opportunity... Today we are happy if it moves at all, by "its own", without some SPIKEs...

So if anyone has been CONSISTENTLY profitable in the last 10 years... there might be something he is not telling... Haven't seen strategy that would work in all occasion, consistently.. over longer (years or even 10+ years).

Also it is funny that some that think they are traders are just liquidity providers or filling orders... Not real trading at all, at least not the trading as is understood/sought here...

Saw a rather informative clip recently... It is funny how WS trading "dried up".. The one that we are looking for at least...
What is even more/most funny is that trading "moved" to NJ WS can say... "what I feared came upon me "

I grew up with the WS hype as many do... only to realise that (physical) presence on WS is no longer needed because the mountain came to us To our home (computers)... We (traders) are now being limited by the year, hope it sticks as it is and not worsen... We have seen leverage limits and many more rules and more in the talks already but for now we have been pushing it back...

Here is the informative clip of massive changes in market/s... that one have to count or price-in.. otherwise strategy that once worked, might be obsolete... or at least heavily affected... So "adapt or die" is strongly true in the markets... We (if we are honest) never know if the next trade will lead to B... or B... road
Best is to get profits asap/quick and park them somewhere but keep trading with the rest Some base all their VAR expenses to VAR profits... and if they think this can last for the next 40 years, specially relatively unchanged... they might think they really found holy (something).

With all that being said, I believe there are crazy opportunities for PRIVATE market vs INSTITUTIONS... since earnings dried up quite a bit... compared to HFs for example where there is basically no limit of how much you can make, IF! you have "THE JUICE" The days where Investment Bankers would play "Patrick Batement "and earn crazy money for doing power lunches are basically over... And for filling orders, liquidity... computers (HF style specially) can do much better/cheaper job You either PERFORM (if they give you the opportunity even) or you are out... Unless you can bring some serious business to the table, but that is not the trading as we are talking about here right.

So I wonder if the private funds catch this potential (trading) talents that were laid of the banks... There might be epic opportunity there...

P.S. that above is my view alone. I do not claim it is correct and I do not claim there are any rules in the markets and saying there are no rules either If you do not agree, great, that makes the market. See you on the other side ppl. Just stopped by in this thread since saw much of the activity and decided to drop my 2 b

BTW much more interested in WTI, GOLD this days...

I wanna reply to your post auricforecas
Truly trading is about adapting. Now, some of the simple shit that worked back in the days doesn't work now.
But there are trading methods that has worked forever. It takes a lot of hard work to start developing your method, system & strategy and preferably you'd wanna have multiple, for different market conditions, or one overall method that applies to all market conditions.
As long as you're continuously improving & adapting your overall method, then you can definitely be profitable for the long run. I mean you should think of trading like a skill, not just a system where you click buy based on some indicator crossover shit. That's what tends to fade away over the long term, but if you genuinely have the skill of trading you can be profitable forever.

I completely concur man I would go even a step further... If one has a SKILL aka THE JUICE in trading... not only that one can be potential profitable forever (if they do not close aka slowly move/price us out; with reducing leverage options etc, limiting users from certain areas etc, as we now see that many brokers do not accept people from certain GEO areas)... one could be "profitable" in many things.) Similar to what Sinatra sang about NYC.. if you can make it there, you can make it anywhere... I would say this, if one can be profitable (specially consistently in trading, he can be successful at almost anything he/she puts his mind too BTW Arnold said that "all" he did was applying what he learned in bodybuilding to acting... Yeah there are much differences but the SKILL (discipline, dedication, repeat till success, visualisation etc... is interdisciplinary)...


Also this might be the reason why I trade "a little" differently than most.. In fact, I haven't found anyone that trades the same way honestly... I used the (potential... still unverified) skills from much different area to trading... And it appeared to work Still trying to "prove" it

BTW if you want to reply to me, it would be better to QUOTE my post so that I can see it I saw your post almost by accident now since I am not notified if you do not quote/reply me Just click "Quote" above my post, right corner above my post, next time

BTW I am just preparing certain strategy (one of them) that I KNOW it will fail at some point, but I intend to pull-out in time since I estimate the point of failure...
This strategy is about SHORT-TERM maximum overload, full thrust... to get to substantial multiplication factor on deposit... But it can not run for long, because it is intense AF So apart of my overall trading, I prepared PARALEL trading strategy to TURBO BOOST the (parallel) deposit and then STOP... Do not care what happens after... To outside observer that might track it further it would appear "fail" but no matter, will be long gone by then, hopefully For example, depositing something and getting x20-50 out of it... Hopefully by (early) MAY and enjoy the summer There is also some ULTRA-(short-term)-intense (sprinting) strategy that I am describing here, called CHEETAH, if anyone is interested... The idea is to ATTACK and RETREAT... as cheetah do As oppose to trade it till death.. I have other strategies for "smaller" but more stable gains but even at them... I prefer to skip certain periods as "learn when not to trade". So if we are able to reach the target, we stop BEFORe potential SWAN As oppose to different strategies that others might be looking that would work for YEARS and YEARS... Every strategy is different... Some are "designed" for short bursts and some fore more "retirement" aka mutual fund style And I do not think they overlap much, if at all Even Usain Bolt said he would suck at 800m or something... Hope you get the picture.

So yeah "timing is everything"... and also "window of opportunity"... as if... evaluating TIMEFRAME for certain strategy... But yes, REAL SKILLS could be timeless and interdisciplinary

Trading="Mission Impossible"
Everything Else=Difficult ... as... Walk in the park

I know a fair amount. I'll say this none of them use indicators or an EA though including myself. Strictly PA. Same high probability setups around the same time of day/week. Can find a setup everyday if looking at all the pairs.

Good. Oil is easier to trade than some pairs such as EURUSD because it has more than twice the ATR and trends better. This Renko chart has 5¢ bricks.

yes, there are strategies that worked for >200 years.

"a 2013 study looked back 215 years and confirmed that the ability to earn premiums from momentum strategies existed not just in U.S. stocks but in foreign markets, bonds, currencies and commodities."

https://www.anderson.ucla.edu/facult...eview/momentum

it still work in 2020... backtested personally in fact I'm using it to trade stocks.

Thank you for this nice article very interesting. Momentum has always come from the ability of buyers/sellers to affect the market. No momentum no price changes

I took a look at the picture and it did not offend me since this is art. Of course I can understand why some FF members would be offended.

Hutch I think it's ok, we have to to understand,that not all men like women, some of us might like something else

Thanks for the "Decline of Wall Street Traders" video. It was very interesting. I'll be adding it to my private server collection on trading videos.

For sure. We make money when the market goes up or when it goes down so you might say that we swing both ways. If we can swing both ways when trading nothing stops us from doing this also for other activities