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Trading Made Simple

  • #111,501
  • Nov 20, 2020 7:56pm Nov 20, 2020 7:56pm
Quoting Tekkies
{quote} Tommy, read that post carefully. Post 111,378 All that I did was to count 20 lot size together. {image}What is the difference trading with one lot size of $1.30 or 20 lots with each lot the size of $0.06? What is the difference trading with one lot size of R20.00 or 20 lots with each lot the size of R1.00? Steve has been flapping lips that Tekkies dare to trade with a lot size as large as $1.30. or Steve has been flapping lips that Tekkies dare to trade with a lot...
@Tekkies -- I'm glad we can finally focus on this. In the screenshot below I show that your 20 EURUSD 1-lot trades dropped like a rock. You don't show it on your chart, but I show it on mine. The red rectangles represent a drop of around 33 Pips. I was giving you the benefit of the doubt. The price dropped further -- around -90 Pips from the price you bought at.

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After 5 years one would think you would have learned how to read a simple chart. In your chart the red and green rectangles are called "candles". In my chart the candles are white and gray. Just to be clear -- the color doesn't affect the price. The color simply is your clue the candle is bullish (i.e. price is increasing) or bearish (price is decreasing).

@Tekkies -- you ask: "What is the difference trading with one lot size of $1.30 or 20 lots with each lot the size of $0.06?"
Are you pulling my leg? You can't be serious. What is the difference? You have to take into account the cost per Pip which, evidently, you are not familiar with. This proves you only trade demo -- after 5 years you have no clue how to compute the cost of a trade.

@Tekkies -- you ask me to link to a post where you state your profit / loss. I can't do that -- because you never post your profit / loss. You only post trades in hindsight and only the winning portion. In the chart above I caught you lying. Those 20 EURUSD 1-lot BUY trades turned into a tremendous loss. The fact you can't see it proves you are an idiot. And the fact you deny it even after being shown the evidence a few times proves you are a liar.

Hey @Tekkies -- deep thinker -- keep asking me questions about your trading habits. Interacting with you is like picking low-hanging fruit...
  • #111,502
  • Nov 20, 2020 7:59pm Nov 20, 2020 7:59pm
Quoting Tekkies
{quote} I have inner peace with the angle of TDI above 2 with stoch confirm direction.

Tekkies

- needs to get rid of his many self sabotage in trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,503
  • Nov 20, 2020 8:13pm Nov 20, 2020 8:13pm
Quoting Tekkies
{quote} Tommy, read that post carefully. Post 111,378 All that I did was to count 20 lot size together. {image}
I see. Then I have a quick question hope wont move this thread to rookie talk or broker discussion.

Which broker you are using? I wanna use it too because it will make my life much easier without conversion of currencies when trading crosses.

Currently I have USD acc in IG and Rakuten, demo and live for both. Bnd wherever I trade crosses like EURGBP, I buy 1 lot and is always 1 lot of EUR (€100,000) worth... I want to buy 1 lot of USD ($100,000), and it can show as lots in USD on my trading charts.

thanks!

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  • #111,504
  • Nov 20, 2020 8:24pm Nov 20, 2020 8:24pm
Quoting robots4me
{quote} @tommydoginti -- yes -- thank you for pointing this out. @Tekkies believes the value of his trade is the y-axis on the right-hand side of the chart. That's why he believes that 20 EURUSD 1-lot BUY orders has a value less than $1.30 USD.
Losing 33 Pips for $1.30 USD = 0.004 lots not 20.00 lots, period.

Smallest position size that i can trade with my type of trading account is 0.01 lots where losing 33 Pips would equal to losing $3.30. Actually a bit more as i also pay a commission on each particular trade.

So it is obviously not a standard type or trading account, but that Tekkies also never said i think.

Hope it helps.
  • #111,505
  • Nov 20, 2020 8:26pm Nov 20, 2020 8:26pm
Quoting emmanuel7788
{quote} Tekkies - needs to get rid of his many self sabotage in trading.
@emmanuel7788 -- I think I'm done. I now realize that with @Tekkies I'm interacting with an idiot -- which makes me an idiot.

@emmanuel7788 -- my sympathies for you having to put up with this for so long. And, yet, you are like the Eveready battery that keeps on ticking, and with a heart of gold. You've earned way more gold stars than anyone else ever at FF. And, no doubt, BigE is smiling on you. You are carrying a large burden with @Tekkies and @DrDicks always sniping at your heals, but you do a very fine job and most members appreciate it though they may be too timid to acknowledge it.
  • #111,506
  • Nov 20, 2020 8:33pm Nov 20, 2020 8:33pm
Quoting lddd
{quote} Losing 33 Pips for $1.30 USD = 0.004 lots not 20.00 lots, period. Smallest position size that i can trade with my type of trading account is 0.01 lots where losing 33 Pips would equal to losing $3.30. Actually a bit more as i also pay a commission on each particular trade. So it is obviously not a standard type or trading account, but that Tekkies also never said i think. Hope it helps.
@lddd -- look closer at the chart. Along the left-hand side each horizontal, blue dash line is labeled with 1.00 lot.

In other charts @Tekkies shows single, 0.1 lot trades -- which is standard. So, is @Tekkies switching between standard and non-standard charts each time he posts? Come on @lddd -- now it appears your brain, too, is entering @Tekkies twilight zone... Don't try so hard to make @Tekkies thinking make sense. If it doesn't make sense on the surface then, you know, it might be that it really doesn't make sense.
  • #111,507
  • Nov 20, 2020 9:04pm Nov 20, 2020 9:04pm
Quoting robots4me
{quote} @lddd -- look closer at the chart. Along the left-hand side each horizontal, blue dash line is labeled with 1.00 lot. In other charts @Tekkies shows single, 0.1 lot trades -- which is standard. So, is @Tekkies switching between standard and non-standard charts each time he posts? Come on @lddd -- now it appears your brain, too, is entering @Tekkies twilight zone... Don't try so hard to make @Tekkies thinking make sense. If it doesn't make sense on the surface then, you know, it might be that it really doesn't make sense.
I like your kind or humor. But yes, it looks a bit strange, but these are not my charts i‘ve posted,
cant say much about it, don‘t want to.

In my galaxy over here a 20 Lot trade for -33 Pips means i am down -$6.600,00.

You guys are really killing it for the last days here :-)
  • #111,508
  • Nov 20, 2020 9:30pm Nov 20, 2020 9:30pm
Quoting lddd
{quote} I like your kind or humor. But yes, it looks a bit strange, but these are not my charts i‘ve posted, cant say much about it, don‘t want to. In my galaxy over here a 20 Lot trade for -33 Pips means i am down -$6.600,00. You guys are really killing it for the last days here :-)
@lddd -- it's not so much "humor" as sarcasm, but thanks.

And though I've given you a hard time from time-to-time and you do receive your share of criticism, I haven't lost track of the fact you always carry yourself as a gentleman. You are definitely a better man than me...
  • #111,509
  • Edited Nov 21, 2020 1:40am Nov 20, 2020 11:26pm | Edited Nov 21, 2020 1:40am
Quoting DrDave
Isn't this just THE GREATEST THREAD EVER?? A thread where anyone can come and dump all the toxicity that he desires with no consequences at all! Think what it would be like here at FF if EVERY thread were like this! Total freedom to dump what ever you feel like, as long as it would not be a TOS violation that might have legal repercussions. Would there be even ONE thread here that focused on TRADING, or would TOXICITY run rampant, as it does on this thread? Well, remember that one bad apple spoils the barrel, and then come to a conclusion.
Hey @DrDick -- isn't it ironic you are so concerned about toxicity. Looks like your buddy from The Netherlands who speaks Pidgeon English, @ivan9578, has been suspended. You should know better that FF frowns on fake aliases. And you (and @Tekkies) accuse @emmanuel7788 of Goebbelesque propaganda. Shame, shame on you. So deceitful...

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@DrDick -- I don't think that "dick" does you justice or fully captures the level to which you will stoop to pursue your agenda. So, with that in mind and taking into account your contributions to this thread, your new alias is @DrDeceit. Welcome aboard, @DrDeceit...
  • #111,510
  • Edited 5:42am Nov 21, 2020 2:45am | Edited 5:42am
Quoting tommydoginti
{quote} up to the people. I simply provide a quick solution so the fight can be over quickly and back on track. esp seeing some claiming their variations are better/ real with no P/L ever seen, you never know by any fact they are more right / others are wrong, etc, which is so boring.
some claiming their variations are better/ real with no P/L ever seen
As I said before, BigE never posted P/L to use as a baseline for comparison. The nearest thing we get is that beginners can expect about 65% success rate by following the rules, and within another 2 months, can expect it to increase to about 75%. No data at all were provided to support this.

So, unless someone does a comparative analysis by trading according to the rules presented by BigE as the baseline and approximately simultaneously trades by a variation of the baseline method, then all this talk is yet another waste of time.

Even if TEs are presented, there is no way to verify that the trading criteria being used with that TE conform to the corresponding trader's trading plan. Mainly because, I don't expect to see anyone present their detailed trading system, including money management, to use to judge if that system is even being followed with that TE.

So the whole "prove that your system is better than mine with a TE" is so much brouhaha.

EDIT:
Oh, and I forgot to mention that according to some people, unless you are going to run the TEs for 2-3 years and have a minimum of 1000 trades posted, the results are meaningless. So with expectations approaching zero of those requirements being met, why bother with such a time-waster that proves nothing in the end? Unless, of course, the main purpose is just to provide more daily entertainment on this thread.
To free Gazans of Hamas, use whatever it takes.
  • #111,511
  • Nov 21, 2020 8:49am Nov 21, 2020 8:49am
Quoting DrDave
{quote} some claiming their variations are better/ real with no P/L ever seen As I said before, BigE never posted P/L to use as a baseline for comparison. The nearest thing we get is that beginners can expect about 65% success rate by following the rules, and within another 2 months, can expect it to increase to about 75%. No data at all were provided to support this. So, unless someone does a comparative analysis by trading according to the rules presented by BigE as the baseline and approximately simultaneously trades by a variation of the baseline...
I agree with you about entertainment. People come here for entertainment purpose only, Lot of experience trader come and a lot of new traders also come but Experience trader doesn't care about New traders and they give lots of misleading Information, Read this read that, read 1000000 posts read 60000 posts before commenting about TMS and so on. I concept is very simple to install all the indicator and backtest by your self if you fill like have an edge then try to improve that edge by adding for removing some of the indicators. Don't think anyone is trading for 20 years it means his system will work for you. New traders, You need a system that is working for you. This thread becomes the largest thread in FF but Now this Thread becomes Fighting ground. No serious trader post here now Previously a lot of good people came here and share their ideas and thought. Now all gone.
MA provides the market's current direction and strength.
  • #111,512
  • Nov 21, 2020 9:29am Nov 21, 2020 9:29am
Quoting Tekkies
{quote} Hey, Knucklehead, you can found those mq4 over at: Post 2,013, Post 3,512, Post 2,013 While you try your Goebbels deceive tactics on readers that Tekkies decompled TMSTDIWatchDog, explain to them that Tekkies used a time machine to travel from 2016 back to 2012,at the same time jump back few days Remember you will have...
@Tekkies -- I desire to back away from this thread and discussion. I don't like conversing with you. But before doing so I wish to get things out in the open with full disclosure:

1. Recently you challenged me to state whether I was "Man or Mouse". I stated I was a man. When I asked whether you were "Man, Woman or Mouse" -- you kept finding excuses not to answer. Eventually you said "i am man". But many of us know you are not -- you're a woman. And I suspect @emmanuel7788 has known that for years but has been too much of a gentleman to call you out on that deceit. FF doesn't care whether you are a man or woman, but your whole presence here is predicated on deceiving traders that you are someone who you are not.

2. You trade demo accounts. That has been revealed many times -- most recently the chart showing you had 20 EURUSD 1-lot trades open at the same time. And, I might add, I showed the charts where those trades dropped like a rock. But you keep making excuses to avoid addressing the evidence that you and others can obviously see.

3. You don't have the slightest clue how to calculate the value of an open trade. Your insistence that 20 EURUSD 1-lot BUY positions that have dropped a minimum of 33 Pips has a value of only $1.30 USD is off by more than 3 orders of magnitude -- i.e. 1000x. You confuse the exchange rate displayed on the Y-axis as the value of your trade. This is more than mind boggling.

4. Many times you boast that your TMS trading skills have provided financial freedom -- another lie. You trade from South Africa -- I assume it requires more than Monopoly money to get by. Trading a demo account wouldn't come close to providing financial freedom in South Africa. Your husband supports you and you trade to fill the empty time.

5. Most traders go through a period of exploring and learning new strategies -- their current state is never good enough. Consider @hasib -- sort of an extreme -- he's all over the place. Good for him -- he will learn a lot and eventually settle on one or more approaches that work for him. But not you -- from day one it has been TDI "green-cross-red". That's it. Carved in stone. That's not how a real trader thinks. That's not how most men think -- we have egos.

6. You've been shown to be a fool many times -- but rather than reflect a bit to avoid making a (bigger) fool of yourself again, you just can't shut up. You keep talking and making things worse. Common sense would advise you to take a step back and recompose yourself for the next round -- if you wish to continue.

@Tekkies -- you've been used by @DrDeceit to get back at @emmanuel7788. He knows how to calculate the value of a trade. And I'm pretty sure he trades a real account from time-to-time. @DrDeceit doesn't trade like you -- he has a few tricks up his sleeve. But he has no interest in helping you improve. Rather, he prefers to use you against @emmanul7788. Since @DrDeceit has arrived your status has dropped and it's clear from your posts you are a very unhappy person. Yet -- you haven't made the connection and probably never will.

@Tekkies -- considering the number of members who have visited this thread and were fooled by your claims of "financial freedom" and struggled to learn how you advised them to trade runs into the hundreds or, maybe, thousands. It's difficult to quantify the harm and wasted time you have caused them with your deceiving ways.

When Sir Walter Scott wrote his famous quote (1808) he must have been thinking of you:
"Oh, what a tangled web we weave, when first we practice to deceive!"
  • #111,513
  • Nov 21, 2020 10:48am Nov 21, 2020 10:48am
Quoting robots4me
{quote} @Tekkies -- I desire to back away from this thread and discussion. I don't like conversing with you. But before doing so I wish to get things out in the open with full disclosure: 1. Recently you challenged me to state whether I was "Man or Mouse". I stated I was a man. When I asked whether you were "Man, Woman or Mouse" -- you kept finding excuses not to answer. Eventually you said "i am man". But many of us know you are not -- you're a woman. And I suspect @emmanuel7788 has known that for years but has been too much of a gentleman to call...
"I desire to back away from this thread and discussion. I don't like conversing with you. But before doing so I wish to get things out in the open with full disclosure:"
And here you are, posting in this thread, conversing with Tekkies, giving full disclosure based on your assumptions.

Steve, belief what you want, post what you want and please don't slam the door close on your way out.
You tried to walk on water and sunk like the TITANIC.
Cheers and good riddance.
  • #111,514
  • Nov 21, 2020 12:09pm Nov 21, 2020 12:09pm
Quoting hasib
{quote} I agree with you about entertainment. People come here for entertainment purpose only, Lot of experience trader come and a lot of new traders also come but Experience trader doesn't care about New traders and they give lots of misleading Information, Read this read that, read 1000000 posts read 60000 posts before commenting about TMS and so on. I concept is very simple to install all the indicator and backtest by your self if you fill like have an edge then try to improve that edge by adding for removing some of...
of course full of bully...they always find a way to criticize traders...you are doing this you are doing that and mostly not contributing much to help new comers...fighting ground indeed...
  • #111,515
  • Nov 21, 2020 12:16pm Nov 21, 2020 12:16pm
Quoting robots4me
{quote} @Tekkies -- I desire to back away from this thread and discussion. I don't like conversing with you. But before doing so I wish to get things out in the open with full disclosure: 1. Recently you challenged me to state whether I was "Man or Mouse". I stated I was a man. When I asked whether you were "Man, Woman or Mouse" -- you kept finding excuses not to answer. Eventually you said "i am man". But many of us know you are not -- you're a woman. And I suspect @emmanuel7788 has known that for years but has been too much of a gentleman to call...
Don’t leave...just take a break from the drama and check in more often...maybe you will meet new traders without ego..
  • #111,516
  • Nov 21, 2020 12:36pm Nov 21, 2020 12:36pm
Quoting akwunomy
{quote} Don’t leave...just take a break from the drama and check in more often...maybe you will meet new traders without ego..
But that is EXACTLY what he looks for. Then he can start a tirade as soon as one steps over HIS line in the sand. Those with small egos don't even post: They are of no value in feeding his attention deficit.
To free Gazans of Hamas, use whatever it takes.
  • #111,517
  • Nov 21, 2020 2:20pm Nov 21, 2020 2:20pm
Inserted Video
  • #111,518
  • Nov 21, 2020 5:58pm Nov 21, 2020 5:58pm
Quoting robots4me
{quote} @emmanuel7788 -- I think I'm done. I now realize that with @Tekkies I'm interacting with an idiot -- which makes me an idiot. @emmanuel7788 -- my sympathies for you having to put up with this for so long. And, yet, you are like the Eveready battery that keeps on ticking, and with a heart of gold. You've earned way more gold stars than anyone else ever at FF. And, no doubt, BigE is smiling on you. You are carrying a large burden with @Tekkies and @DrDicks always sniping at your heals, but you do a very fine job and most members appreciate...

@robots4me

No worries. I have been here since 2012 and I know my way in this jungle well. Its all a part of my trading journey and it get tougher every day.

Usually we see one man street busking and now we have two.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,519
  • Nov 21, 2020 6:07pm Nov 21, 2020 6:07pm
Quoting tommydoginti
{quote} I see. Then I have a quick question hope wont move this thread to rookie talk or broker discussion. Which broker you are using? I wanna use it too because it will make my life much easier without conversion of currencies when trading crosses. Currently I have USD acc in IG and Rakuten, demo and live for both. Bnd wherever I trade crosses like EURGBP, I buy 1 lot and is always 1 lot of EUR (€100,000) worth... I want to buy 1 lot of USD ($100,000), and it can show as lots in USD on my trading charts. thanks! ...

very good ! get back to the basics for newbie trading with demo money

which makes you more money ? same standard lot trade.

1) USDCAD +10pips win

2) USDCHF +10 pips win
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,520
  • Nov 21, 2020 6:18pm Nov 21, 2020 6:18pm
Quoting fddisaster
@emmanuel7788 can you show me some good setup of PA? I have relied on TDI too much. It seems like the best system is using TMS with Price action

@fddisaster

sure I can show you many price action setups **LIVE** when the market is open.

but for now, I can show you the OP training charts and how to learn the PA on his training charts.

we shall start with the OP' Post#2 Training chart.

Attached Image (click to enlarge)
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Next, we learn by taking 'baby steps' ... one step at a time and try to achieve what he wrote in his Post#2617.
First 'baby step' is trade without the TDI!

When you focus on the price chart - the PA and not the TDI, what do you see?

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart not TDI.png Size: 125 KB

Stay Tuned for more /...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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