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has anyone EVER seen a successful trader/trading system?

  • #1,401
  • Apr 3, 2020 6:28pm Apr 3, 2020 6:28pm
Quoting ecryptom
claims without proofs are just claims and i dont see any successful trading system
Exactly buddy! That's what I always say.

There is a lot of people here claiming being profitable, showing screenshots of their trades.

It is just easier to upload a trade explorer or myfxbook using a regulated broker of course.

GMD
  • #1,402
  • Edited 9:12pm Apr 4, 2020 5:08pm | Edited 9:12pm
Quoting HeyYou
{quote} {image} just kidding. I don't give a f about your lies / TEs... facts don't matter on planet earth
Sure... A screenshot is much more reliable... right...

There is 2 type of people in here..

The ones who can upload a Live TE from regulated broker... and the ones who can't because of many different excuses..


I am just talking about people who claim to be so profitable, but as soon as you ask for TE or myfxbook tracker.. they say so much bullshit.

GMD
  • #1,403
  • Apr 5, 2020 4:11am Apr 5, 2020 4:11am
Q: Successful trading system? A: NO
We are system. Everything is about money, we need huge accounts. I started live Forex trading in 2008, wasn't profitable till 2010 then I earned $100 000 in 6 months, trading 34 EMA on 30 min chart, leverage 1:500..... price is closed above put buy stop 2 pips above closed candle, sell vice versa, 30 pips TP and SL, win/loss ratio 50% but I doubled positions after loss (martingale).
After 6 months been profitable I lost 30% of earned in 2 weeks and I stopped trading. I get back trading in 2013 till then I tried over 50 strategies and realised we need at least $100 000 account, and we can make 3% monthly it is $3000 with any strategy. Problem is small account, over trading and extremely high risk.
  • #1,404
  • Edited 5:42am Apr 5, 2020 5:13am | Edited 5:42am
BUY SELL or WAIT
yes We are the system.

Attached Image (click to enlarge)
Click to Enlarge Name: photo_2020-02-08_04-18-32.jpg Size: 87 KB


by a successful trader/trading system
i mean a trader that follows the rules of a specific trading system = trading plan for good amount of time* (example 1 month of trading or 100 trades )
( and not do anything else like gambling style expecting good luck because will stay with the expectation in the end with only losses )

* 1 day of trading a system or 1 - 10 trades are not enough statistic sample (even 1 month or 100 trades can be consider bear minimum no good enough statistic sample ) so when you decide that a system is no good you may not follow the system rules ! for a good amount of trades ... = that makes you a bad trader ! and it is not the system fault but yours. (have you thing of that ? )

so we need 2 things:
a) following the rules of our trading plan = specific trading system
b) specific successful trading system (trading plan= money management, specific setup of indicators**, when enter, when exit, etc)

**please dont start the song i use only price action lalala ... for me everything is indicators period.

successful = giving more profits than losses (after 1 month ? after 100 trades ? .. or more = long run)

so i keep asking do you know a successful trading system ?
Everything flows. Learn to Earn.
  • #1,405
  • Apr 5, 2020 5:48am Apr 5, 2020 5:48am
Quoting ecryptom
BUY SELL or WAIT yes We are the system. by a successful trader/trading system i mean a trader that follows the rules of a specific trading system = trading plan for good amount of time* (example 1 month of trading or 100 trades ) ( and not do anything else like gambling style expecting good luck because will stay with the expectation in the end with only losses ) * 1 day of trading a system or 1 - 10 trades are not enough statistic sample (even 1 month or 100 trades can be consider bear minimum no good enough statistic sample ) so when you decide...

I think you should stop asking, because no one is fool to post it here, why should he/she do it to expose his golden eggs, they do not spend time here. I know a team of 5 people very profitable (personally I know only one of them), they now run brokerage business I was even offered to work for them back in 2010, but in the start they told me forget about our trading strategy, do not ever ask us to show you our strategy. Only what told me, they do D1 trading (they hold positions for months) and sometimes H4.
  • #1,406
  • Apr 5, 2020 5:59am Apr 5, 2020 5:59am
Someone has probably posted this link (wasn't going to check 71 pages).

https://www.forexfactory.com/showthread.php?t=402253

He has posted many many live trades in the forum and explained them. He has created videos and live sessions explaining the market and proving 1+1 does actually =2. In all the years I have followed not once has he asked for payment or advertised subscriptions and has pointedly stated he makes enough with trading (live proof has been seen) and remembers all the BS he had to go through to get to where he is now (which I'm sure any here can vouch).

I traded for about 6 years until I started making break even. I stood at break even for about 6 months it was the greatest feeling. More practice, more training, work harder, analyse history, get your head around it, it can be done.

I took a bit of a beating at the beginning of this Coronavirus debacle, as I have with a few of the episodes the markets have had but I am now determined to switch it up a gear and to be able to go to the forefront of the battleground and to create order out of the chaos.
As the lights go by so too do the shadows move
  • #1,407
  • Apr 5, 2020 6:31am Apr 5, 2020 6:31am
Every market is constantly changing due to many different factors. This is why most traditional trading systems/methods will not work long term, and cannot be proved to be profitable or repeated.

The only way to be successful is to take in new information as it comes, and use it to your advantage. Staring at charts and trying to find patterns will not work long term, and is a complete waste of time.

As the market changes and adapts, you also need to change and adapt your bias towards said market. Your risk management can stay the same but your strategy should be very simple and not to over complicated. People over complicate trading but it really is very simple.
  • #1,408
  • Edited 7:16am Apr 5, 2020 6:44am | Edited 7:16am
Quoting Forestralia
{quote} I think you should stop asking, because no one is fool to post it here, why should he/she do it to expose his golden eggs, they do not spend time here. I know a team of 5 people very profitable (personally I know only one of them), they now run brokerage business I was even offered to work for them back in 2010, but in the start they told me forget about our trading strategy, do not ever ask us to show you our strategy. Only what told me, they do D1 trading (they hold positions for months) and sometimes H4.
easy answer .. before i give you the answer

what is the most precious thing for a person ? is time (not money). *
people think that is money and all their lifes looking for money loosing time...
ok you make more than enough money (if you make) now, so what ? Can you take that Money in your grave ? take then put them all in your grave (=selfish and greed)
so what happen .. some not all, that have that (more than enough) money understand that basic truth .. time. (and try to live money free, some alone other with family only , other with family and friends ..= less but still selfish - greedy people)
and a fewer of them thing a little bit more .. what i leave behind ... to the community (a good name after death= and yes that is a good thing beacuse give the opportunity to others not only survive but have a good live..) so
we all win , all survive , all live a good life, all live a happy life , money worry free life and keep doing that help other selfless, these few of the few share that will leave this info.

" no one is fool to post it here" = yes they are selfish - greedy people and selfish and greedy are not a good things.* (that people that like Scroutz character die alone and other will be happy with their money .. )
selfish - greedy people are the people that fuck other people lifes, include your one way or the other (politics, economical, wars, banks, corporate, scammers, brokers, corona virus few example that where you will find selfish - greedy people) *

" no one is fool to post it here, why should he/she do it to expose his golden eggs" = golden eggs ? no (its very narrow mind idea that i found something that is working and i will not share it - evolve it with help of others for the common good include me)*

Remember that a successful trading system may work for you buy may not work for me or you for many reasons*
i have write that one reason i looking this successful trading system is to comparison every time with every strategy i make.

something to think about..
how much money is enough for a lifetime ?

Poverty is involuntary and debilitating, whereas simplicity is voluntary and enabling. Poverty is mean and degrading to the human spirit, whereas a life of conscious simplicity can have both a beauty and a functional integrity that elevates the human spirit. Involuntary poverty generates a sense of helplessness, passivity, and despair, whereas purposeful simplicity fosters a sense of personal empowerment, creative engagement, and opportunity. — Duane Elgin

The difference between earning $20,000 and $40,000 is huge and life-changing. The difference between earning $120,000 and $140,000 means your car has slightly nicer seat heaters. The difference between earning $127,020,000 and $127,040,000 is basically a rounding error on your tax return. — Mark Manson

and yes the cost of live for a family of 4, care free for money, happy with family and friends, helping their community ..
can be less than $70.000 per year** more or less (there are many real examples in life)

selfish - greedy people are never happy with anything .. relations , work , life , money.

make your own research.

* i dont care if you agree or not
** this number is from a happy family their story is somewhere in internet , sorry i dont have the link now to share.
Everything flows. Learn to Earn.
  • #1,409
  • Apr 5, 2020 6:59am Apr 5, 2020 6:59am
Quoting ecryptom
{quote} easy answer .. before i give you the answer what is the most precious thing for a person ? is time (not money). * people think that is money and all their lifes looking for money loosing time... ok you make more than enough money (if you make) now, so what ? Can you take that Money in your grave ? take then put them all in your grave (=selfish and greed) so what happen .. some not all, that have that (more than enough) money understand that basic truth .. time. (and try to live money free, some alone other with family only , other with family...


" no one is fool to post it here" = yes they are selfish - greedy people and selfish .... Maybe you do not understand, (I do not know have you ever been profitable), they are not selfish, if they post it here in less than 1 year millions of traders will use the same strategy and it will not work, market will be different, they will push market that's point, not greedy and selfish.
  • #1,410
  • Apr 5, 2020 7:05am Apr 5, 2020 7:05am
Quoting Forestralia
{quote} " no one is fool to post it here" = yes they are selfish - greedy people and selfish .... Maybe you do not understand, (I do not know have you ever been profitable), they are not selfish, if they post it here in less than 1 year millions of traders will use the same strategy and it will not work, market will be different, they will push market that's point, not greedy and selfish.
People post their strategies on forums because they know it don't work. If those posted strategies work we will all be rich. Simple logic. Only the naive and stupid think otherwise.
Know what you trade
  • #1,411
  • Apr 5, 2020 7:09am Apr 5, 2020 7:09am
Quoting Forestralia
{quote} " no one is fool to post it here" = yes they are selfish - greedy people and selfish .... Maybe you do not understand, (I do not know have you ever been profitable), they are not selfish, if they post it here in less than 1 year millions of traders will use the same strategy and it will not work, market will be different, they will push market that's point, not greedy and selfish.
That's not how this works...There is no "strategy" that can be repeated in exactly the same way to achieve consistent profitable results. If there was, the market would have run dry a long time ago. The market is constantly changing due to supply and demand. There is no secret strategy that if you share and everyone copies it will stop working. Speculative traders make up an extremely small percent of the Forex market. Even if every speculative trader used the exact same strategy it would make little to no difference on the price lol.

The only way you would be able to move the market is if you controlled over 50% of it, or if you owned over 50% of a countries currency. That will never happen, and you will never get that many people to agree on one thing, even if it proves to be profitable. That is the beauty of markets, and people.
  • #1,412
  • Apr 5, 2020 7:12am Apr 5, 2020 7:12am
Quoting viptrading
{quote} That's not how this works...There is no "strategy" that can be repeated in exactly the same way to achieve consistent profitable results. If there was, the market would have run dry a long time ago. The market is constantly changing due to supply and demand. There is no secret strategy that if you share and everyone copies it will stop working. Speculative traders make up an extremely small percent of the Forex market. Even if every speculative trader used the exact same strategy it would make little to no difference on the price lol. The...
One constant daily high/low no matter what changes.
You figure how to make money on that.
In trading, you have to be defensive and aggressive at the same time
  • #1,413
  • Apr 5, 2020 7:32am Apr 5, 2020 7:32am
Quoting Davit
{quote} One constant daily high/low no matter what changes. You figure how to make money on that.
What's your point? Daily high/low is just a time based way to interpenetrate price. There is a high/low for any bar that you can construct based on a specific time.
Can you use daily high/low to make money? Probably, but you will not be right every time, and depending on how you use this information you can also lose money. It is nothing new or secret. Some people trade breaks of the high/low, bounces of the high/low etc, but in the end it is still limited to the chart. The reason why the price moved above or below daily high/low has nothing to do with why or when you entered the market. That is not enough information to base a trading decision off.

Also, the daily high/low constantly changes throughout the day until the day is done, at that point there is a new daily high/low so it actually is not constant, it is the opposite of constant, daily high/low is never the same.
  • #1,414
  • Apr 5, 2020 7:45am Apr 5, 2020 7:45am
people share their strategy for many reasons..
one maybe to evolve it to something better, more profitable
consistency

many examples here
https://www.forexfactory.com/forumdisplay.php?f=71
Everything flows. Learn to Earn.
  • #1,415
  • Apr 5, 2020 8:06am Apr 5, 2020 8:06am
Order flow, supply and demand. These things will never change. Even the roughest markets can these things be traced. Being able to trade it is obviously not easy. If you trade you should be able to read charts. It is a language that can reveal the right side of the chart before it happens and that is the ultimate aim for any trader. If you can't say with a greater expectation than 50% that the next candle will be up or down then stop what you are doing and figure it out.

GL.
As the lights go by so too do the shadows move
  • #1,416
  • Apr 5, 2020 9:20am Apr 5, 2020 9:20am
Quoting BWilliam
{quote} People post their strategies on forums because they know it don't work. If those posted strategies work we will all be rich. Simple logic. Only the naive and stupid think otherwise.
The way I see it all FF members are here to help other traders. Maybe I'm too optimistic but it looks like that you are too pessimistic. Only stupid people would post strategies that don't work and only stupid traders would follow these strategies without testing them using demo accounts There are lots of good strategies posted in FF and the trick is to find the one that best suits your trading style. You can also take a good strategy and marry it with another good strategy to produce an even better strategy. I'm using the TMT Scalping System for day trading (https://www.forexfactory.com/showthr...77639&page=142) along with a Renko System (https://www.forexfactory.com/search?searchid=24863576) and there are many of them. There are also many iterations of the TMT Scalping System. The chart below shows a few trades with the TMT Scalping System using Renko bricks of 50 pips (5¢) instead of using normal time frames. The red trend lines show profits from arrow to arrow while the aqua trend lines show the best profit that was available. Like all system it will also produce low winning trades and a few losing trades
Attached Image (click to enlarge)
Click to Enlarge Name: WTI Renko 50 Pips (5¢).png Size: 47 KB
  • #1,419
  • Apr 5, 2020 11:13am Apr 5, 2020 11:13am
Quoting TourajTrader
Hidden
calling this a big, big scam...
  • #1,420
  • Apr 6, 2020 4:35am Apr 6, 2020 4:35am
Quoting Hutch
{quote} The way I see it all FF members are here to help other traders. Maybe I'm too optimistic but it looks like that you are too pessimistic. Only stupid people would post strategies that don't work and only stupid traders would follow these strategies without testing them using demo accounts There are lots of good strategies posted in FF and the trick is to find the one that best suits your trading style. You can also take a good strategy and marry it with another good strategy to produce an even better strategy. I'm using the TMT Scalping...
Could you tell us which tf are you using and which pair
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