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The brutal truth of day trading

  • #1,541
  • Jun 25, 2021 12:39am Jun 25, 2021 12:39am
The problem is, most people are trying to find the simplest way to get from point A to Point B in a straight line in the trading world, which is built on the principle of constant vs variable. In my experience this is a recipe for insanity. You're choosing to remove integral pieces of the situation while believing you're still observing the entire situation. It's similar to ordering a large pizza cut into 12 even pieces, then removing multiple pieces and still calling it a whole pizza. It's insane and works until it doesn't, where the operator will then try to do the same thing with something else. And so the cycle is self perpetuating.

Peter
Real Trading is not gambling.
  • #1,542
  • Jun 25, 2021 12:42am Jun 25, 2021 12:42am
Quoting bilal1947
Is it just a fluke, M1 zero draw down entries consecutive times ? {image}
Hi Bilal

For you it’s no fluke, nice trading.
Can I ask why you didn’t exit after that bearish spike where all those pinbars are at the bottom?.
Do you have a larger profit in mind?.

Cheers
Trading thin liquidity at the boundary of the charts
  • #1,543
  • Jun 25, 2021 12:54am Jun 25, 2021 12:54am
Quoting RickM
{quote} Hi Bilal For you it’s no fluke, nice trading. Can I ask why you didn’t exit after that bearish spike where all those pinbars are at the bottom?. Do you have a larger profit in mind?. Cheers
Hi RickM

I was not on the screen later when i saw i closed two of the position and taken off 80% of the first one, i want Gold to dip to 1700, but if it hits BE i am all good.

Thank you
Cheer
"Exchange of hands"
  • #1,544
  • Jun 25, 2021 2:49am Jun 25, 2021 2:49am
Could it be a coincidence ?? Mmmmm.

Gold and GBPUSD.

Attached Image (click to enlarge)
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Real Trading is not gambling.
  • #1,545
  • Edited 3:03am Jun 25, 2021 2:49am | Edited 3:03am
Quoting PeterCaleb
The problem is, most people are trying to find the simplest way to get from point A to Point B in a straight line in the trading world, which is built on the principle of constant vs variable. In my experience this is a recipe for insanity. You're choosing to remove integral pieces of the situation while believing you're still observing the entire situation. It's similar to ordering a large pizza cut into 12 even pieces, then removing multiple pieces and still calling it a whole pizza. It's insane and works until it doesn't, where the operator will...
It was in 1918 when I went to New York. There I had had my first pizza. Back then it was very difficult to divide the pizza to 12 pieces because usually when you ordered a pizza it will be for a gathering of 120 people or so.

Hence, we will leave the pizza intact and just enjoy our beers. I find the most simplest way for me to have the pizza and have it whole is to add heroin and morphine into 119 glasses of beer. I could see constant result with this method by observing the entire situation.

Sorry, if you read this far you had just wasted a few minutes of your life.
  • #1,546
  • Jun 25, 2021 2:52am Jun 25, 2021 2:52am
Quoting PeterCaleb
Could it be a coincidence ?? Mmmmm. Gold and GBPUSD. {image}
I love that 3. Can you see what I see?
  • #1,547
  • Edited 4:19am Jun 25, 2021 4:02am | Edited 4:19am
We should post here occasionally some shit so Peter stays here... but we know this thread is scammed now and the author of the thread doesn't care.

maybe can make a bot so it posts here some automated random stuff for Peter?

bot could be an EA which every day get the current price for an symbol and post here message:

-----------
Peter, why GBPUSD yesterday at 10:00 was 1.2456 but today at 11:00 it is 1.2489 ? How you could describe that move? How you would relate this to concepts you describe?
-----------

So we have every day unique message text... bold texts would be replaced each day with different values.
  • #1,548
  • Jun 25, 2021 4:49am Jun 25, 2021 4:49am
Quoting mixedbags
{quote} It was in 1918 when I went to New York. There I had had my first pizza. Back then it was very difficult to divide the pizza to 12 pieces because usually when you ordered a pizza it will be for a gathering of 120 people or so. Hence, we will leave the pizza intact and just enjoy our beers. I find the most simplest way for me to have the pizza and have it whole is to add heroin and morphine into 119 glasses of beer. I could see constant result with this method by observing the entire situation. Sorry, if you read this far you had just wasted...
Thank you mixedbags for the trade report indicator, it helps me see how bad i am in risk management where my pips are green but amount is loss

the person i like to challenge is myself only.

however below green pips and amount for 24.06, 25.06
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25.06
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"Exchange of hands"
  • #1,549
  • Jun 25, 2021 5:09am Jun 25, 2021 5:09am
Quoting bilal1947
{quote} Thank you mixedbags for the trade report indicator, it helps me see how bad i am in risk management where my pips are green but amount is loss the person i like to challenge is myself only. however below green pips and amount for 24.06, 25.06{image} 25.06 {image}
wow impressive if I took you for challenge I will need to hide.
You really master market structure and all the zones.

The comment can set to false.
  • #1,550
  • Jun 25, 2021 5:14am Jun 25, 2021 5:14am
Quoting mixedbags
{quote} wow impressive if I took you for challenge I will need to hide. You really master market structure and all the zones. The comment can set to false.
noted and found the comments option set to false.
thank you mate
"Exchange of hands"
  • #1,551
  • Jun 25, 2021 5:59am Jun 25, 2021 5:59am
Quoting bilal1947
I was not on the screen
Quoting bilal1947
later when i saw i closed
Quoting bilal1947
i want Gold to dip to 1700
100% super professional approach
Observer effect
  • #1,552
  • Edited 2:30pm Jun 25, 2021 9:08am | Edited 2:30pm
Quoting mixedbags
{quote} It was in 1918 when I went to New York. There I had had my first pizza. Back then it was very difficult to divide the pizza to 12 pieces because usually when you ordered a pizza it will be for a gathering of 120 people or so. Hence, we will leave the pizza intact and just enjoy our beers. I find the most simplest way for me to have the pizza and have it whole is to add heroin and morphine into 119 glasses of beer. I could see constant result with this method by observing the entire situation. Sorry, if you read this far you had just wasted...
He is an old fella mate don't waste his time It is running out so fast

Before you anyone that this is way too offensive, i would like to remind all of the people here that Peter Caleb is a scam who tries to rip you off and cost you lots of money and time. So don't be naive, don't symphatize with Peter.

I increased the size font so Peter can see it

Peter, these are your trading results buddy. I guess you should increase the font size of the numbers & charts too because you can't see how unsuccessful your trading system is. Learn before teaching.

The Brutal Truth of PeterCaleb Trading:

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HE IS A SCAM. HE ALMOST BLEW UP GEPARD'S ACCOUNT. DON'T TAKE HIS COURSE IF YOU DON'T WANT TO GET SCAMMED.
You have to have an IQ higher than 90 to interact with this user.
  • #1,553
  • Edited 1:20pm Jun 25, 2021 11:12am | Edited 1:20pm
Quoting Nordling00
{quote} He is an old fella mate don't waste his time It is running out so fast Before you anyone that this is way too offensive, i would like to remind all of the people here that Peter Caleb is a scam who tries to rip you off and cost you lots of money and time. So don't be naive, don't symphatize with Peter. I increased the size font so Peter can see it Peter, these are your trading results buddy. I guess you should increase the size of the numbers & charts too because you can't see how unsuccessful your trading system is....
After reading this post, I took a few minutes to look a little closer into Peter's past on FF. First, to everyone on George's thread, you have my deepest sympathies, since you have been dealing with Peter's BS since last November. His MO there is exactly what we have seen here. Peter portrays himself as the most experienced, knowledgeable, and wise trader on earth, but when he speaks to others, either directly or indirectly, he always talks down to them, explaining his rude and cruel comments as "being honest" or 'being real" (this is a tool he uses to maintain his self image of being superior to everyone).

The material he presents is amateurish at best, and is certainly not material that a real trader would present. He doesn't talk like a real trader. His ideas are basic, his observations are obvious. He thinking and presentation are, quite frankly, beginner at best. Case in point: he presents ideas using 5 or 6 different charting layouts, finally settling on a single style, as if he were testing or dry-running his version of "New Trader Training 101" material. There is nothing new, unique, or enlightening about his material, ideas, comments, or observations (for example from the other thread, "fill the holes"). In the other thread, as with this thread, he never posts an analysis of what might happen, and he never posts a trade, but can post lots of historic charts to tell you what happened. This is the pattern of a scammer. And he has proclaimed in both threads that he will not mentor anyone, which is exactly what all scammers say.

As a forex trader, I have learned that anyone who posts a 1M chart is a beginner trader. That's not to say this is a wrong approach, but long-term traders know that trading for just a few pips/trade is the kiss of death. In my experience, actual traders never go to the 1M chart, for any reason ("actual trader" means someone who trades for 75 to 150 pip targets or more at a time, not 3-5 pips), Peter says that he will risk 10 pips to get 4 or 5, which is another sign that he is not a real trader. (Let me say directly to RickM, I am not talking about you, because I understand that your approach is geared to that timeframe due to the nature of the data you analyze, which is completely different from the charts that everyone else is using). But Peter posts 1M charts on the other thread, as if the 1M is the key to trading. Armature, newbie, or scammer setting up his trap?

Peter's MO is to disrupt the thread, then present a lot of long-winded crap about things that are unrelated to the forex, then insert topics as if he were questioned about them when in fact no one asked about them, then talk down to everyone who objects or challenges, then frequently drive productive discussions into the ditch where he can sling mud and spout irrelevancies. He uses long, rambling posts to impress people (if this impresses you or if you think this makes Peter someone worth following, you are not understanding his words, which lead to know where), when in fact, he says nothing or is intentionally obfuscating.

Peter's response to this will be a repost of, yet again, his long, say nothing post. Peter, maybe you could start next week with a pre-trade analysis, then a as-close-as-contemporaneous-as-possible actual trade, then a post-trade chart. But after seeing what kind of "trader" you've portrayed yourself to be, the challenge is now OFF THE TABLE. You are a waste of time. You are fake.
  • #1,554
  • Jun 25, 2021 12:57pm Jun 25, 2021 12:57pm
Quoting GEfx
{quote} After reading this post, I took a few minutes to look a little closer into Peter's past on FF. First, to everyone on George's thread, you have my deepest sympathies, since you have been dealing with Peter's BS since last November. His MO there is exactly what we have seen here. Peter portrays himself as the most experienced, knowledgeable, and wise trader on earth, but when he speaks to others, either directly or indirectly, he always talks down to them, explaining his rude and cruel comments as "being honest" or 'being real" (this is a...
Well said, i couldn't agree more
You have to have an IQ higher than 90 to interact with this user.
  • #1,555
  • Jun 25, 2021 3:57pm Jun 25, 2021 3:57pm
Quoting GEfx
{quote} After reading this post, I took a few minutes to look a little closer into Peter's past on FF. First, to everyone on George's thread, you have my deepest sympathies, since you have been dealing with Peter's BS since last November. His MO there is exactly what we have seen here. Peter portrays himself as the most experienced, knowledgeable, and wise trader on earth, but when he speaks to others, either directly or indirectly, he always talks down to them, explaining his rude and cruel comments as "being honest" or 'being real" (this is a...

I have been searching for a while to see if he has any 'previous' on FF.
Certain ways to check, humans always make the same, consistent mistakes.
To be honest I haven't really found anything apart from his psychological rambling 'looked' similar to that shown on TraderTim website and the format of Calebs images, drawings, general piss take pictures certainly looked familiar hence my initial interest in checking. A good mate of mine on here when I spoke to him with a name was pretty sure he wasn't who I thought Caleb was although the door on that is still open.
Is Caleb a scammer, to be honest unless someone on here can show proof of paying for a product, service etc then I don't know.
He certainly disrupts, leading the thread off on a tangent and by that itself there may be an ulterior motive.
The OP would be the only one who can stop him posting on here so unless some concrete evidence is presented then he will continue to spam the thread.
In fact perhaps spamming is now his only way in as he is on the 'potential scam' list.
  • #1,556
  • Jun 25, 2021 4:33pm Jun 25, 2021 4:33pm
Quoting moodybot
Is Caleb a scammer, to be honest unless someone on here can show proof of paying for a product, service etc then I don't know. He certainly disrupts, leading the thread off on a tangent and by that itself there may be an ulterior motive. The OP would be the only one who can stop him posting on here so unless some concrete evidence is presented then he will continue to spam the thread. In fact perhaps spamming is now his only way in as he is on the 'potential scam' list.
Noticed FF put the status "Additional username"...

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Then I noticed Peter "style" became less rude than it was some weeks ago. Maybe several people as a group do some stuff... manipulate bundle of profiles. Imitate demand... we live in a fake news era... a lot of money is made by selling courses/signals.. or scammed money as "investments". Peter is going to become red diamond... you will see...
  • #1,557
  • Jun 25, 2021 5:10pm Jun 25, 2021 5:10pm
Quoting joyny
{quote} Noticed FF put the status "Additional username"... {image} Then I noticed Peter "style" became less rude than it was some weeks ago. Maybe several people as a group do some stuff... manipulate bundle of profiles. Imitate demand... we live in a fake news era... a lot of money is made by selling courses/signals.. or scammed money as "investments". Peter is going to become red diamond... you will see...
Out of interest, the names on that pic, have you been looking at that group in association with Caleb?
  • #1,558
  • Jun 25, 2021 6:30pm Jun 25, 2021 6:30pm
Quoting PeterCaleb
Welcome to the 21st century. Peter
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this 3 seconds better than this scalping system -The Equilibrium, a key to success!
  • #1,559
  • Edited 7:23pm Jun 25, 2021 7:09pm | Edited 7:23pm
Quoting mixedbags
{quote} {image}this 3 seconds better than this scalping system -The Equilibrium, a key to success!
Nice chart mixedbags.


Last night I was trading AUDUSD last night where I was looking at the volume levels and signs of the big players were filling their orders.
Here we can see at 76.07 (Price on SpotFX was 76.05) we can see a big player absorbing price while they continued to get more long orders filled.
When I saw that second big Buy of 219 Lots and the Absorption signal, I also placed a Buy limit order which got hit immediately.

Once in I was looking for a Volume signal to get out, those Buyers imbalance signals didn't shake me out and I achieved a win 20 minutes later of 0.13% rise in equity.

As you showed, data of Delta & Volume enables us to see what needs to be seen.
Day Trading on the M1 chart shows us the big players thinking and execution - their intentions
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Trading thin liquidity at the boundary of the charts
  • #1,560
  • Jun 25, 2021 9:39pm Jun 25, 2021 9:39pm
Quoting RickM
{quote} Day Trading on the M1 chart shows us the big players thinking and execution - their intentions {image}
Yes it's like playing chess in anticipation of the move
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