Billytt Die happy trading e/j daily breakout | Page 2745 | Forex Factory

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Attachments: Billytt Die happy trading e/j daily breakout
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Billytt Die happy trading e/j daily breakout

  • #54,881
  • Dec 16, 2020 5:11am Dec 16, 2020 5:11am
The Billy bar rides again! Gotta love it, thanks billytt. Now if I can just stop over-trading...
  • #54,882
  • Dec 16, 2020 5:50am Dec 16, 2020 5:50am
Quoting billytt
{quote} Funny thing is A, i thought you were one of those guys? It really is like an xbox game when i scalp and that is all i am saying. Look up James Simons, mathematician, i have a lot in common with him. Look up, Law of Large Numbers. this wording is new to me, but i have taken those stats for years. As for the bot/ea they have had it working... Trading (i think) cable, e/u, e/j and one other, and it works . which i knew it would. and thats the last i speak of it as it doesnt belong to me now {image}
This guy allegedly saw trading as a video game ?

Highly intelligent, Sarao has the autism spectrum disorder Asperger's syndrome, and saw beating the markets "like winning a video game," his defence team said.

https://www.bbc.co.uk/news/explainers-51265169
every Saint has a past. Every Sinner has a Future
  • #54,883
  • Dec 16, 2020 5:53am Dec 16, 2020 5:53am
Quoting billytt
{quote} Funny thing is A, i thought you were one of those guys? It really is like an xbox game when i scalp and that is all i am saying.
No, i am not. Yes i think i do understand what you mean by playing it like an xbox game. It is obviously needed to make this kind of trading/method work. By work i mean profitable after a larger number of trades counting in trades lost vs trades won after a certain period like the end of a day, week, month or year.

But now if it would be "easy" as do step 1, step 2, step 3 every day you get the setup and do execute plan b if having to counter while not reached +5% at a glance.

Well than you would have such "systematical approach" i talk of and could actually sell this to everyone interesting in printing money and deliver the ATM machine right with it. Because then how could any John Doe retail trader, your grandma, child or the professional goldman sachs trader fail at executing these "simple" steps or letting a program execute it based on what ever comes next day in day out.

You could then bring up a price tag for such bot/ea for of like what? A 30k would be nothing... Maybe more like millions/billions. If it can´t lose? A investment fund of large size probably could easily afford to pay it.

In conclusion the markets would pretty much soon stop to exist if anyone could print money in such "easy" way.
  • #54,884
  • Dec 16, 2020 6:52am Dec 16, 2020 6:52am
Quoting turnip15
{quote} This guy allegedly saw trading as a video game ? Highly intelligent, Sarao has the autism spectrum disorder Asperger's syndrome, and saw beating the markets "like winning a video game," his defence team said. https://www.bbc.co.uk/news/explainers-51265169
WOW Mr T, i hope you are well.
autistic people are very bright.
i am not going to explain how i mean , scalping like playing an xbox game?
i am trying to convey the idea of lines and execution of trades, and playing it.
yaaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,885
  • Dec 16, 2020 6:59am Dec 16, 2020 6:59am
Quoting Avery
{quote} No, i am not. Yes i think i do understand what you mean by playing it like an xbox game. It is obviously needed to make this kind of trading/method work. By work i mean profitable after a larger number of trades counting in trades lost vs trades won after a certain period like the end of a day, week, month or year. But now if it would be "easy" as do step 1, step 2, step 3 every day you get the setup and do execute plan b if having to counter while not reached +5% at a glance. Well than you would have such "systematical approach" i talk...
Just a quick one and it'll be the last time i speak of this.
I originally made my money compounding several times, and did it 3 times.
i then bought property....
My method was then sold for £30k and then another variation for £30k, i wasn't going to give it away.
i only started trading again because i came back on FF looking for someone.
One of the companies that i sold method to, built the first bot for me as way as part payment...

So meanwhile a few years later.. i was approached and i have had another ea/bot built,
My sole intention was for it to be able to be traded by traders with small bank roll.
and its good, my ideas, stats , method they have the know how. £100k kerching, and no, i don't need it.
Trade well. and as i say, this is last time i speak about it.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,886
  • Dec 16, 2020 11:42am Dec 16, 2020 11:42am
Quoting billytt
{quote} Just a quick one and it'll be the last time i speak of this. I originally made my money compounding several times, and did it 3 times. i then bought property.... My method was then sold for £30k and then another variation for £30k, i wasn't going to give it away. i only started trading again because i came back on FF looking for someone. One of the companies that i sold method to, built the first bot for me as way as part payment... So meanwhile a few years later.. i was approached and i have had another ea/bot built, My sole intention was...
Your local Billy
Attached Image
every Saint has a past. Every Sinner has a Future
  • #54,887
  • Dec 16, 2020 4:45pm Dec 16, 2020 4:45pm
Quoting billytt
{quote} Just a quick one and it'll be the last time i speak of this. I originally made my money compounding several times, and did it 3 times. i then bought property.... My method was then sold for £30k and then another variation for £30k, i wasn't going to give it away. i only started trading again because i came back on FF looking for someone. One of the companies that i sold method to, built the first bot for me as way as part payment... So meanwhile a few years later.. i was approached and i have had another ea/bot built, My sole intention was...
Yes, its all good. I love the simplicity which is spread here. I don't want to sound negative at all. I just say that there is more to it to end up net profitable if you trade the BillyBar setup like its laid out in the beginning of this thread. Even with good statistics in your favor that the setup will provide you with +5% more often than not, taking a few losses of bigger size will probably eat that up just as quick. Statistics provide the range is often at least 15, so 1:3.

So i guess the missing link is quiet simple to understand. DON´t take these losses

On your first post it says,

"BUT WE HAVE PROGRESSED INTO OTHER METHODS BUT THEY ALL WORK.

So not sure what is meant by "work" here then? I guess its different if you want to trade to have consistent profitable results you can rely on to pay the bills by after a given period (take out of your account) or want to compound (grow your account).

For a lot of people trading seems to be more like a hobby than anything else.

You will easily hear people screaming all over the place on the internet how good they are at trading. This forum is no different. Yes they all make tons of money and that tooth paste smile, nor anyone of those can explain to you how they do it. If you then confront them with a few facts you get blamed for spreading negative vibes hah.

I did +5 too today on your setup, so thanks for that Charming evening. Trade well.
  • #54,888
  • Edited 3:01am Dec 17, 2020 2:43am | Edited 3:01am
BillyBar triggered short. I am in. Currently -6.

08:47 | Price broke the high trigger. I am now 1x short, 1 x long. Floating loss is $ -1120 at the time i write (10 Lots).

Now starting the xbox without plan/cheat, or wait for tomorrow morning to take the break again and hopefully reduce the countered size to $-500-600 ?

Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 171 KB
  • #54,889
  • Dec 17, 2020 3:12am Dec 17, 2020 3:12am
Quoting turnip15
{quote} Your local Billy {image}
yaaaaaaaaaaaaaaaaaaaaaaaaaay, hic
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,890
  • Dec 17, 2020 3:17am Dec 17, 2020 3:17am
Cable 00-00 4 hour bar break.
Chart below shows 15 minute bar. 00-00 area is 45, that black line is 70 range.
Just a thought, high broke and you decide to compound. ( its up to you the scale).
you are chasing 25 points. same happened with e/u
Attached Image (click to enlarge)
Click to Enlarge Name: gu 17 12 20 A.png Size: 27 KB

what if it retraced?????? YOU CLOSE THE COUNTER.

edit, i am not saying what i did because it doesn't matter.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,891
  • Dec 17, 2020 3:19am Dec 17, 2020 3:19am
Cable 08-00 break.
low broke and failed.

we did have retrace which would of been good, that i didnt do.
High broke, what do we do ????????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,892
  • Dec 17, 2020 3:36am Dec 17, 2020 3:36am
VERY INTERESTING.

i do not trade arbritrage nor will.
BUT,,,,,,, it is getting close to having counters.
That is something else to think about.
Attached Image (click to enlarge)
Click to Enlarge Name: AAA 17 12 20 B.png Size: 44 KB
only read the underlined part.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,893
  • Dec 17, 2020 3:47am Dec 17, 2020 3:47am
Quoting billytt
VERY INTERESTING. i do not trade arbritrage nor will. BUT,,,,,,, it is getting close to having counters. That is something else to think about. {image}only read the underlined part.
I save the money and the Mrs SPENDS the money. It never works even if I do it at the same time...!
  • #54,894
  • Dec 17, 2020 3:48am Dec 17, 2020 3:48am
Quoting Avery
BillyBar triggered short. I am in. Currently -6. 08:47 | Price broke the high trigger. I am now 1x short, 1 x long. Floating loss is $ -1120 at the time i write (10 Lots). Now starting the xbox without plan/cheat, or wait for tomorrow morning to take the break again and hopefully reduce the countered size to $-500-600 ? {image}
without plan/cheat

You are toast without a plan. You are better off reading Claudia and Lem's horse tips..
  • #54,895
  • Dec 17, 2020 4:08am Dec 17, 2020 4:08am
Quoting Fagin
{quote} without plan/cheat You are toast without a plan. You are better off reading Claudia and Lem's horse tips..
some people just want want want without doing.
I will never ever spoon feed anyone.

We need to work at anything we do, it is the same as going to college, studying lifes skills, studying for employment etc.
i am actually currently running at a loss on 08-00 break, but counters are holding it, and i will fix it.
I just need my next break OR i have tomorrow to fix.
It will happen yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,896
  • Dec 17, 2020 4:11am Dec 17, 2020 4:11am
Quoting billytt
VERY INTERESTING. i do not trade arbritrage nor will. BUT,,,,,,, it is getting close to having counters. That is something else to think about. {image}only read the underlined part.
i did the same when i was a hedgefund manager. for example when i bought apple shares for 100.000, at the same time i opened a short the same amount SP500 ETFs or futures to be "equity neutral".

that smoothed the equity-curve or call it perfomance, and the drawdonws were much smaller. the disadvantage is the performance was also smaller.
trading is like dancing, don't think and just listen to the music!
  • #54,897
  • Dec 17, 2020 4:14am Dec 17, 2020 4:14am
Quoting billytt
{quote} some people just want want want without doing. I will never ever spoon feed anyone. We need to work at anything we do, it is the same as going to college, studying lifes skills, studying for employment etc. i am actually currently running at a loss on 08-00 break, but counters are holding it, and i will fix it. I just need my next break OR i have tomorrow to fix. It will happen yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay


edit, i actually made a mistake today. the 08-00 range is 13, i should of adjusted this 13 to 15.
it has just broke my 15 a few minutes ago.

it'll still be fixed.
t 10-14
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,898
  • Dec 17, 2020 4:15am Dec 17, 2020 4:15am
i only took the longside of the 08-00, because i saw a "long-freight train"...waiting for my +5;-)

edit:
i am well, thx billy.
trading is like dancing, don't think and just listen to the music!
  • #54,899
  • Dec 17, 2020 4:16am Dec 17, 2020 4:16am
Quoting birdland
{quote} i did the same when i was a hedgefund manager. for example when i bought apple shares for 100.000, at the same time i opened a short the same amount SP500 ETFs or futures to be "equity neutral". that smoothed the equity-curve or call it perfomance, and the drawdonws were much smaller. the disadvantage is the performance was also smaller.
Hi B, hope you are well.

i am aware of this happening as it is part of the game.
Some people cannot comprehend though.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #54,900
  • Dec 17, 2020 5:06am Dec 17, 2020 5:06am
Quoting birdland
i only took the longside of the 08-00, because i saw a "long-freight train"...waiting for my +5;-) edit: i am well, thx billy.
+5, thx.
trading is like dancing, don't think and just listen to the music!
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