My Way

nice reading, i hope none of us need to lose a million dollars to learn these kinds of lessons.

i have lose some bucks, but i still have the hope can recover in a near future

Trading journal

Please complete this book, it has very good knowledge.
Best trading book in my opinion.

Good material for keep me busy on weekend.

Have a nice weekend, read you on monday!!!

@hasib -- I subscribed to you and this thread because in post #1 you promised to share your trading system. I did not subscribe to be assigned a list of books to read and videos to watch. I completed grade school decades ago. I can choose what I need and want to read -- I'm done with reading assignments. We all have our favorite references -- why not make a list of recommended reading / videos and add it to post #1. Forcing us to spend time on this shit before sharing your system is not right. Besides -- it is no longer clear you even intend to describe your system. So, this is just toying with us.

@hasib -- for a few days you received a lot of positive feedback and encouragement. You had momentum but delayed. I've lost patience and interest. I'm outta here...

Pity this post wasn't a PM only ...
Makes me wonder, what kind of effect your post will bring... will be good or bad for all this waiting guys ?

@BlackNapkins -- I considered that. But knowing @hasib I figured I'd go with the pressure. Besides, if he is going to flake out everytime someone says something that ruffles his feathers, either intentionally or unintentionally, then I want to know in advance. And that's because I don't want to spend time learning and testing and experimenting a new system only to have the OP suddenly decide he doesn't want to finish describing it. Once you start a Trading Systems thread and you pull people in then you should be committed to carrying it through to the end. And if that isn't his style then I prefer to know that sooner than later...

Hi hasib

I have been busy with learning a new trading platform to trade E-Mini Futures and also with my own trading and preparations for the next 3-years trading cycle.

I just read all the posts in this thread and want to say this:

You do not need 50 members to give you support to continue with what you started out to do. All I need is just one member who appreciates what I do in the Trading Made Simple thread and that is enough to keep me going. I get one PM post every month from members who share their thoughts and appreciation during the past 9 years, that is more than enough for me to continue posting in the TMS thread to help members who read my posts. I know who they are and that is all important.

Just think of that one member whom you want to help him/her learn to trade and to help him/her develop his/her own trading systems that fit that one person and it would be enough as your personal goal for 2-3 years.

My decision was also not to share my system development materials and resources in Forex Factory because people will steal them and sell them. I learned this lesson in the TMS thread with one member in 2014. Forex Factory has become too toxic public forum. There are other better managed forums out there.

It is your decision how you want to proceed. You have my support and when you need anything my PM is open.

Take Care! Stay Safe.

Thanks, Brother for your inspirational post. I will love to share some of my concepts here. I will try to discuss some of the trading concepts here so that few traders can benefit from them, I will also not share all of my ideas techniques some of the members always ready to steal ideas and try to fool other new traders. They have bad intentions in their mind. They try to make money from new traders rather than making money from the market. I hope if new traders can follow my ideas they will be profitable and they will not need any other course to buy. I have done many price action courses I get no benefit from them. Most of the things I learn from backtesting in simulations and trading demo and live and reading your, BigE's, RH post and all other good peoples post. I really respect all of them.

Ok guys you have waited a long time.

Let's discuss the trading system, First of all why we need a trading system most of us already know it.
Trading a clean chart and trading our feelings is not a good idea. Because when we face DD we can't understand what is the reason behind this and we will not understand what we need to improve. Do I think people can trade clean charts successfully, Yes it is possible but those who are using clean charts their using many techniques that they will never discuss publicly. Some of the course sellers give us some ideas most of them are not work or maybe subjective, not objective.
In trading, if we become 100% objective my opinion it is a problem if will become too much subjective it is also a problem. We need a repeatable set up so that we could follow it without feelings
Just trading pin bar and engulfing bar is not a trading system.
Ok
The trading system has some limitations I know it, if your trading you also know it. If our trading system has a 37% win rate in manual trading we could achieve more than a 50% win rate there are many reasons behind this.

we could filter out some of the bad trade from our system with our experience with the same system and same market. Professional coders always complain that some of the technical tools don't have enough edge but experienced traders use these bad tools but they are making money why?
because of practice and experience with the system.
Most of the systems you will find not profitable if you objectively backtest them. I will share some techniques on how you could eliminate bad trade from the system how you can by doing this can make a profit from a bad system.

So, we all need a system, we have to have a system that we believe will give us an edge. For developing that belief we have to backtest many indicators and many systems, only backtesting, and forward testing give us confidence.

In trading system development what are the things we should focus on that is big questions!!
Just add 3 or 5 indicators together is not a trading system. Let's learn together, Let's collect 10 best indictors that we tested 100 times minimum and we found them give us above average results. I have tested at least 200 indicators in the last 20 days. I want you to do the same.
once we found some indicator that gives us good results then we will integrate them together. once we go to final trading system integrations we will see, some of the good indicators have no use in our trading system. After all the hard work we have to do more hard work, we have to backtest our full system together. we have to find out our system's weakness and we have to understand what is our system's overall win rate in our selected trading pair or instrument. One for simplicity we will use one pair in the beginning and one or two timeframes. I recommend using H4 and H1. but you can select your tf and your pair. My pair is Gbpusd some time gold.
Ok enough for the day, I want to see some hard-working individual, who really wants to build a trading career. I love to read your comment and your recommendations. If you think we should follow any additional rules you can say it here. If you have any system development handbook or method you can share it too. I will share some in the upcoming days.

(If you do any personal attack I will put you on my ignore list you can't post here anymore)

Thanks all

You ask for comment from a hardworking trader.

That bolded sentence is way too little to find anything useful.

You have to learnt to code.
You have to learn and understand the math behind the code.
You have to test each indicator, eg. RSI for a large spectrum of it's parameter limits.
You have to test it over many pairs from the volatile to the quiet market.
You have to test it over all TFs, from 1m to monthly.
Each for the entire spectrum of the parameter limits.
You have to carry out each test over a wide data range 3months data for 1m, 3years data for 1hr as example.
For ALL the pairs.
You have to clock live testing for this entire spectrum of the parameter limits of your selected indicator for significant data sample, eg 1month for 1m.
Do this for ALL the standard MT4 indicators.
Write down the result and your conclusion what have you learnt about your selected indicator.

Simple question, are you prepared to do this level of proper testing that take years of hard work or do what most people do the same that you do ?

Bruce Lee said practice one kick for 10,000 times.

What he did not say is to practice 100 type of kicks 10,000times, then decide on the 1kick to practise for 10,000times.

Anyway if any member has not conducted this thorough, robust and complete testing of indicators, their comment is useless.

Edit - You ignore me because of my post. That means you don't want real feedback. You just want yes man to gain attention.

why do you think I did not do test default indicators. I don't have to test every TF to understand an indicator. I know what to look for and what not to look for.
Yes, coding helps traders but to become successful traders we don't have to be coders. don't make comments that don't make sense. If you don't have the experience you should act politely rather than trying to be smart. You lost your privilege to post here.

Hi Abdul Hasib

hope you’re doing well, i would like to you to not spend time on indicators, yes indicators helps as confluence.

like if price move above MA100 and upon pullback when Rsi touches 30 buy.

Using Macs cross over, MA200 on M1...

all strategies are good but fail at some point and in those time people their accounts because not maintained risk management and move to another strategy with new accounts and search for some new holy grail method and life goes on and on.

To be successful stick to one method but risk management keep us stays longer in the game.

I would like to advise you if you look for only price and manage to learn how price moves and why it rebounds, why and where it will do SL hunting, where it dont ... trust me you will see forex as a whole new world. You’re free to choose your way but indicators are lagging and are retailers trap most of the time.

look at my few entries you will astonished i am not saying i am something you should follow. But only look for price action market structure.

execution of entry
https://www.forexfactory.com/thread/...2#post13372782

long term outlook
https://www.forexfactory.com/thread/...9#post13373479

i shared some material for free as well for free learning.

good luck for your future and safe trading.
regards
bilal

I know order block
I know fair value gap
I know smart money

I know EW, I know S&D

Yes, still I choose to trade with the system.

let's say your a great supply and demand trader or support and resistance trader. you know that market in a downtrend. all the Trend line and everything saying market in a down trend, so as guru said to wait for a pullback and after that sell from supply level or resistance level. Lets do it now.

look at that we have got everything aline. the trend is in our favor, we have got a candlestick pattern. there is support and resistance, There are supply and demand. Let's open a sell trade. we open a trade.

Look beautifully hit stop loss. Welcome to the real world. there is another level lets see it hold or not.

ok, now we will sell because we have got supply level, order block, resistance level. candlesticks give a sell signal too. they call it a high probability trade. Let's see the results.

Oh another loss, price actions reversal traders lose again and again this way, if they win one or two trade the post it in forum. they demonstrate how good they are.