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Gold Nugget For You!

  • #21
  • Aug 15, 2020 2:14pm Aug 15, 2020 2:14pm
Quoting kuroro001
{quote} Lately, forex forex has full of people claiming to make more money than Buffet, GM, MS, all united I don't see the point of saying such things, then saying "its private", bla bla bla People just love to brag lately, or is it a new COVID infection consequence?

Maybe, you first give them YOUR MONEY? Then, ask them anything you want to see? They will have no rights not to honour any of your requests regarding being transparent... but until
that moment?
Maadik Hugiis. IQ 69.
  • #22
  • Aug 15, 2020 2:28pm Aug 15, 2020 2:28pm
Quoting MoneyZilla
{quote} Maybe, you first give them YOUR MONEY? Then, ask them anything you want to see? They will have no rights not to honour any of your requests regarding being transparent... but until that moment?
They won't get a penny, i'd rather give my pennies to the market
COT: The precious data ignored
  • #23
  • Aug 15, 2020 3:02pm Aug 15, 2020 3:02pm
Quoting tetis
{quote} OK buddy if you don't want to share your strategy only share your 5 percent daily real result in this thread. it is enough for everybody. as you know this site has a Trade explorer and you can link it to your account
I didn't know this was possible. I had not used FF before, Just decided to signup recently. So I will sign in with Investor password, or maybe I just open an account for this thread to follow. Good idea
  • #24
  • Aug 15, 2020 3:04pm Aug 15, 2020 3:04pm
Quoting kuroro001
{quote} Lately, forex forex has full of people claiming to make more money than Buffet, GM, MS, all united I don't see the point of saying such things, then saying "its private", bla bla bla People just love to brag lately, or is it a new COVID infection consequence?
There's nothing private about it because going forward when I share my strategy, you will realize that it is part of it
  • #25
  • Aug 15, 2020 3:05pm Aug 15, 2020 3:05pm
Quoting kuroro001
{quote} They won't get a penny, i'd rather give my pennies to the market
No one needs your money, you are probably on the wrong thread
  • #26
  • Aug 15, 2020 3:25pm Aug 15, 2020 3:25pm
Quoting tetis
Another rookie with new ideas!!
Quit the negative attitude loser.
  • #27
  • Aug 15, 2020 3:30pm Aug 15, 2020 3:30pm
Quoting kuroro001
{quote} Lately, forex forex has full of people claiming to make more money than Buffet, GM, MS, all united I don't see the point of saying such things, then saying "its private", bla bla bla People just love to brag lately, or is it a new COVID infection consequence?
That's dumb.

Trading with $5000 or 50k is totally different than trading with millions of dollars. The people that you mentioned play a completely different game than any retail trader and therefore are not up for comparison with the random Joe sitting at home playing with his mt4 RSI indicator sipping on Mountain Dew Baja Blast.
  • #28
  • Aug 15, 2020 3:42pm Aug 15, 2020 3:42pm
Like has been alluded to, the big boys taking $10 million dollar + trades are not going to use a stop loss and lose $10 million +, they have strategies to prevent losses and get successfully out of "losing" trades at break even. Even the small retail trader can take these same principles and apply them to their small account. I personally rarely ever use a stop loss -- I follow these hedging principles in a much tighter way. See video below. (the really good stuff starts about the 40:00 mark).
Inserted Video
  • #29
  • Aug 15, 2020 4:11pm Aug 15, 2020 4:11pm
Quoting de5151
See video below. (the really good stuff starts about the 40:00 mark). https://www.youtube.com/watch?v=6a5BUstu5yk

You should not post this video! Now trading mystery is all solved! Hedging mystery, too! Only because of you!

Everyone will watch the hedging secret in the video and the winning traders will become 95% vs just 5% of losers! Poor MM, pro-traders, last but not least BROKERS...
Maadik Hugiis. IQ 69.
  • #30
  • Aug 15, 2020 4:32pm Aug 15, 2020 4:32pm
Quoting MoneyZilla
{quote} You should not post this video! Now trading mystery is all solved! Hedging mystery, too! Only because of you! Everyone will watch the hedging secret in the video and the winning traders will become 95% vs just 5% of losers! Poor MM, pro-traders, last but not least BROKERS...
LOL! Thanks!

I say I rarely use a stop loss because I follow these rules. When I do use a stop loss is when I am in profit, I will let myself get stopped out in profit. Where I differ from this guy's zone recovery system is that when I am up 10 or so pips I will place a stop loss slightly above break even so I don't have to go through the "zone recovery" steps after I was up 50 pips and everything reversed on me before I hit my target. Then I can take a closer look at what is going on. But, that's just me and what I do.
  • #31
  • Aug 15, 2020 5:04pm Aug 15, 2020 5:04pm
An idiot with an idea is dangerous.. no stop loss and wait until it get positive? Do not be fooled by example of their own, it favors them. Here's real chart... and many of them.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200815-145813_Gallery.jpg Size: 667 KB
pick your own real chart as an example, not what the chart they provide that favors their fairytale. Beware!
Only an idiot knows with certainty to where the market is going.
  • #32
  • Aug 15, 2020 5:19pm Aug 15, 2020 5:19pm
Quoting MrBullBear
An idiot with an idea is dangerous.. no stop loss and wait until it get positive? Do not be fooled by example of their own, it favors them. Here's real chart... and many of them. {image}pick your own real chart as an example, not what the chart they provide that favors their fairytale. Beware!
Hahahaha clearly you are the idiot here. Your mind is locked u can't even see potential. Go trade your charts, do not think that by the time I came up with this I did not consider all these situations. My God, people are stupid and quick to judge!
  • #33
  • Aug 15, 2020 5:22pm Aug 15, 2020 5:22pm
Quoting edwinjil
{quote} Hahahaha clearly you are the idiot here. Your mind is locked u can't even see potential. Go trade your charts, do not think that by the time I came up with this I did not consider all these situations. My God, people are stupid and quick to judge!
Show me your fairytale chart, and I will show you another real one.
Only an idiot knows with certainty to where the market is going.
  • #34
  • Aug 15, 2020 5:25pm Aug 15, 2020 5:25pm
Threads like these are the best for weekends with a beer in the recliner. Keep 'm coming!
  • #35
  • Aug 15, 2020 5:27pm Aug 15, 2020 5:27pm
Quoting edwinjil
{quote} Hahahaha clearly you are the idiot here. Your mind is locked u can't even see potential. Go trade your charts, do not think that by the time I came up with this I did not consider all these situations. My God, people are stupid and quick to judge!
This forum is full of naysayers and frustrated negative narcissistic people. If they can't do it, they assume nobody else can.

Thanks for wanting to share something with the rest of us for free. I use a SL so I can't add to this, but I'm happy to read your strategy once you post it and maybe incorporate some of the ideas.
  • #36
  • Aug 15, 2020 5:27pm Aug 15, 2020 5:27pm
Quoting de5151
Like has been alluded to, the big boys taking $10 million dollar + trades are not going to use a stop loss and lose $10 million +, they have strategies to prevent losses and get successfully out of "losing" trades at break even. Even the small retail trader can take these same principles and apply them to their small account. I personally rarely ever use a stop loss -- I follow these hedging principles in a much tighter way. See video below. (the really good stuff starts about the 40:00 mark). https://www.youtube.com/watch?v=6a5BUstu5yk...
People are blind bro. They don't see such wisdom, they are like sheep that go with what the masses tell them which is, youll never make it in Forex. Someone once said, no one can know where the market is going. So the trick is in other things like MM, No SL and Hedging etc
  • #37
  • Aug 15, 2020 5:46pm Aug 15, 2020 5:46pm
The truth is that the problem in trading is not losses or "where the market is going", the problem is that is very difficult to share ideas that work, because on the other side you don't know if there is someone who will keep your ideas for himself or if he will share improvements in turn. Statistics say he will not share in turn. Together we could all be rich, but the problem is not "losses", is human weakness.
  • #38
  • Aug 15, 2020 5:49pm Aug 15, 2020 5:49pm
Quoting de5151
Like has been alluded to, the big boys taking $10 million dollar + trades are not going to use a stop loss and lose $10 million +, they have strategies to prevent losses and get successfully out of "losing" trades at break even. Even the small retail trader can take these same principles and apply them to their small account. I personally rarely ever use a stop loss -- I follow these hedging principles in a much tighter way. See video below. (the really good stuff starts about the 40:00 mark). https://www.youtube.com/watch?v=6a5BUstu5yk...
and what a good start
Attached Image
Uncertainty of the market must be embraced and accepted.
  • #39
  • Aug 15, 2020 6:44pm Aug 15, 2020 6:44pm
Quoting MrBullBear
An idiot with an idea is dangerous.. no stop loss and wait until it get positive? Do not be fooled by example of their own, it favors them. Here's real chart... and many of them.
Your example is so easy to disprove (the claim that it would be a disaster) if you understand the zone recovery concept.

To use your example: I buy one lot, going long, at 1.67000 -- no stop loss. The market goes against me.

Now, using zone recovery -- when price reaches 1.66500, I enter a 1.4 lot short.

When price reaches 1.65000 I exit both positions with a profit.

No stop loss and no disaster -- just a small profit.

Watch the video for a zig-zag scenario -- what happens in that situation.
  • #40
  • Aug 15, 2020 7:11pm Aug 15, 2020 7:11pm
Quoting de5151
{quote} Your example is so easy to disprove (the claim that it would be a disaster) if you understand the zone recovery concept. To use your example: I buy one lot, going long, at 1.67000 -- no stop loss. The market goes against me. Now, using zone recovery -- when price reaches 1.66500, I enter a 1.4 lot short. When price reaches 1.65000 I exit both positions with a profit. No stop loss and no disaster -- just a small profit. Watch the video for a zig-zag scenario -- what happens in that situation.
I enter a 1.4 lot short (1.66500) and the market goes back to 1.67000. What do you do ?
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