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Trading Made Simple

  • #122,361
  • Jul 12, 2021 5:24am Jul 12, 2021 5:24am
Quoting qasmanc1
{quote} He has his own thread since 2019 but only 19 page. all spam he put here.

Spot on.

Its all his daily diarrhea and no trading skills.

You nailed it!

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,362
  • Jul 12, 2021 5:28am Jul 12, 2021 5:28am
Quoting qasmanc1
{quote} why you even here?
To keep Vincent in check so traders like you don't immediately trash their accounts.
"After all, we need to feed on losers in the market, and this thread is a good place to lure people to donate money to the market."
To free Gazans of Hamas, use whatever it takes.
  • #122,363
  • Jul 12, 2021 5:30am Jul 12, 2021 5:30am
I'm not against anyone.
Big E use to say Post chart and other trader will help you if setup need attention.
I see EU, GU,AU,EJ,GJ short opportunity.
If im not right do help to get right thanks
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: AU4hr.png Size: 122 KB
Click to Enlarge Name: EJ4hr.png Size: 115 KB
Click to Enlarge Name: GJ4hr.png Size: 123 KB
  • #122,364
  • Jul 12, 2021 5:30am Jul 12, 2021 5:30am
Quoting qasmanc1
Have no idea who to follow or not in this thread anymore. Can we try to keep clean this thread for us new people?
There is only one person that you should and need to follow: BigE. Start reading from post #1, take notes, and study his training charts. Remember, he made it clear that if you add things, your trading will suffer.
To free Gazans of Hamas, use whatever it takes.
  • #122,365
  • Jul 12, 2021 5:30am Jul 12, 2021 5:30am
Quoting qasmanc1
{quote} why you even here?
You can ask the same question to Emmanuel.
Nothing that Emmanuel post is remotely based on what BigE has posted.

The reason he refers to BigE's posts is to mislead readers to the fact that he is pushing HIS method above that of BigE's TDI.
  • #122,366
  • Jul 12, 2021 5:31am Jul 12, 2021 5:31am
Quoting DrDave
{quote} To keep Vincent in check so traders like you don't immediately trash their accounts. "After all, we need to feed on losers in the market, and this thread is a good place to lure people to donate money to the market."
Bloked!
  • #122,367
  • Jul 12, 2021 5:33am Jul 12, 2021 5:33am
Quoting Tekkies
{quote} The classic floating man is back. Sweet Emmanuel, every time a member show readers the errors you post you respond with that picture. How many have you posted? 100? 200? 300? over the years.
How many have you posted?
It's difficult to get an accurate count because he has his smoke and mirrors set up so often that many of those images are just multiple reflections of a single real image.
To free Gazans of Hamas, use whatever it takes.
  • #122,368
  • Jul 12, 2021 5:37am Jul 12, 2021 5:37am
Quoting tommydoginti
{quote} My objective in this thread is to learn and share how BigE's TMS 5-method works for me. I respect this TMS thread and the OP (BigE) by following the below rules laid out by him. If I had another strategy, I would open a new thread The way I practice TMS can be found in the following posts by BigE, not made up by me 1. TDI is heart of the TMS 5-method --- #261, #2617 All trades I share here are...

I see some traders curious about the original TMS. BigE is the one who developed the TMS system and opened this thread.

The way I practice TMS can be found in the following posts by BigE, not made up by me

1. TDI is heart of the TMS 5-method --- #261, #2617
All trades I share here are signaled by TDI green cross /bounce red

2. I work with time frames and time of day that suits me --- #644, #1170, #4470
I usually trade during work hour because of my privilege at my job which I have a lot of free time. Sometimes at night because it is London/NY market time when volatility is high. I like Lower Time Frame because I prefer quick-in-quick-out.

3. I use simple PA analysis that everyone can learn --- #276, #647
I prefer leading ones which I can anticipate TMS TDI cross/bounce setups to catch the swing in early stage like BigE demonstrated in his charts

4. Aligning with the discussion of this thread during BigE's time, entries are the main focus --- #495
If I have other aspect of trading to share, I would go to other related threads. I hope readers in this thread can receive concise and relative information in respective thread for efficient learning

5. I apply the correct use of TDI Green & Red lines --- #11
#11 has clearly shown that BigE refreshed his chart before viewing the chart. Traders who want to learn and practice the TMS should 1) refresh the chart before analysis, or 2) use a non-repainting TDI Green Red indicator. I chose the later.

6. Absolutely no EA --- #802
Two reasons: 1) To respect the thread rule. 2) If you need to rely on EAs to help you become profitable, i) Your trading skill is so-so at this stage, and ii) you will never learn the discretionary analysis that can further improve your trading skills

7. Most importantly, I participate the forum with respect --- #486


As member Kirinda and many other FF members mentioned in this thread, the aim of posting here is to adhere to the TMS strategy.
  • #122,369
  • Jul 12, 2021 5:38am Jul 12, 2021 5:38am
Quoting tommydoginti
Ok ok let’s focus on trading Sell GU on TDI green bounce red. TP hit. {image}
That's a good place to sell if you're a momentum trader that takes reversals rather than a continuation trader because that is the H2 turning down.
To free Gazans of Hamas, use whatever it takes.
  • #122,370
  • Jul 12, 2021 5:46am Jul 12, 2021 5:46am
Quoting hasib
Here is few of my Opinion, Feel free to disagree with me. 1. Trade one strategy. 2. Trade one method. 3. Trade one style. 4. Trade one market. 5. Don't mix other method with in your method when you trade. 6. Don't change your trading system until you open 1000 trade with your system. I am sure you will solve your 70% of trading problem with in 6 month.

Totally agree. Trading Made Simple is a system with simplicity. All the tools and rules are laid out by BigE and is still very easy to follow and practice after all these years.

I see some mediocre traders with years of experience messed up “learning about trading” and “applying unnecessary tools into a system”

some symptoms include.
1: need to rely on EAs when using a supposedly discretionary system.
2: use fix pips for trade management instead of market context
3: inconsistency: switching between indi and even entire system from time to time. Occasionally coming to this thread and naysaying “TMS don’t work”
4: Believe in quick rich fantasies, and some got scammed, once or “1000 times!”.

Bless them
  • #122,371
  • Jul 12, 2021 5:49am Jul 12, 2021 5:49am
Quoting DrDave
{quote} That's a good place to sell if you're a momentum trader that takes reversals rather than a continuation trader because that is the H2 turning down.
The popular statement “buy low, sell high” is a reversal trading style, how it can be applied into a trend following/countertrend/price level trading systems are the work for the traders.

TMS green cross red are reversal signals. Traders can review BigE’s charts to see how it is used in both trend following and countertrend trades.
  • #122,372
  • Jul 12, 2021 5:52am Jul 12, 2021 5:52am
Quoting DrDave
{quote} To keep Vincent in check so traders like you don't immediately trash their accounts. "After all, we need to feed on losers in the market, and this thread is a good place to lure people to donate money to the market."
"traders like you don't immediately trash their accounts"

LOL.

You mean traders will eventually thrash their accounts like you and @Tekkies....

traders are smart enough to read Big E Post#1 and they won't lose any real money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,373
  • Jul 12, 2021 5:54am Jul 12, 2021 5:54am
Quoting tommydoginti
{quote} Totally agree. Trading Made Simple is a system with simplicity. All the tools and rules are laid out by BigE and is still very easy to follow and practice after all these years. I see some mediocre traders with years of experience messed up “learning about trading” and “applying unnecessary tools into a system” some symptoms include. 1: need to rely on EAs when using a supposedly discretionary system. 2: use fix pips for trade management instead of market context 3: inconsistency: switching between indi and even entire system from time to...

"Trading Made Simple is a system with simplicity."

Trading Made Simple aka TMS is not a system.


Big E Post#296. He knew that from his very start in 2006.

"Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice. When your confident... go live."
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,374
  • Jul 12, 2021 5:57am Jul 12, 2021 5:57am
Quoting tommydoginti
{quote} The popular statement “buy low, sell high” is a reversal trading style, how it can be applied into a trend following/countertrend/price level trading systems are the work for the traders. TMS green cross red are reversal signals. Traders can review BigE’s charts to see how it is used in both trend following and countertrend trades.

what about in trending market type conditions - buy the dips and sell the rallies ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,375
  • Jul 12, 2021 6:02am Jul 12, 2021 6:02am
Quoting Tekkies
{quote} You can ask the same question to Emmanuel. Nothing that Emmanuel post is remotely based on what BigE has posted. The reason he refers to BigE's posts is to mislead readers to the fact that he is pushing HIS method above that of BigE's TDI.

"Nothing that Emmanuel post is remotely based on what BigE has posted."

@Tekkies

But you said that Big E left a void and Emmanuel filled that void.....
Your post#716,129
Quoting Tekkies
{quote} Hi marionetka BigE have left a void behind that members need to full on their own. Emmanuel filled that void and did it very good. ...
here,
"
Hi marionetka
BigE have left a void behind that members need to full on their own. Emmanuel filled that void and did it very good. Somewhere along the way he lost track that he is dealing here mostly with members that do not know how to trade at all. Members that have learned from BigE and emmanuel have moved on and left this forum. Most probable successful traders in own right. Those old members are replace by new members that do not know how to trade. Every couple of days / weeks the cycle repeat it self. So after many years the level of traders in this thread is still at the level of a new member. The subject / topic's that emmanuel is posting now is advance forex trading.
How long did it take you to understand all the point's in post#647. I did not even looked at ME/ME for that level of trading is above me and the little I know.
Do I enjoy those post fighting with emmanuel about keeping it BigE's way. No I do not.

Anway, yes let us discuss #647 in a way the members new to this thread can understand
"
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,376
  • Jul 12, 2021 6:03am Jul 12, 2021 6:03am
Quoting emmanuel7788
{quote} what about in trending market type conditions - buy the dips and sell the rallies ....

It is the same.

A dip is a low in an uptrend. A trend exhaustion downswing makes up the low. Buy at dips put odds in your favor and can have better risk:reward ratio setups


Unlike some mediocre traders chasing the swing, may hit a 10pip TP with partial close, but then price hit the SL. Pretty unskilled management with poor RR.

Newbie question.
  • #122,377
  • Jul 12, 2021 6:06am Jul 12, 2021 6:06am
Quoting tommydoginti
{quote} Totally agree. Trading Made Simple is a system with simplicity. All the tools and rules are laid out by BigE and is still very easy to follow and practice after all these years. I see some mediocre traders with years of experience messed up “learning about trading” and “applying unnecessary tools into a system” some symptoms include. 1: need to rely on EAs when using a supposedly discretionary system. 2: use fix pips for trade management instead of market context 3: inconsistency: switching between indi and even entire system from time to...

1. Trading Made Simple is not a system ever, because it has no money management and exit rules. It is pretty simple system to find entry points only. It can be replaced with MACD with default settings and they entries will be exactly the same.
2. There is nothing to learn.
3. It will fail in ranging market and ranging market is ~86% all the time.
4. TDI can be replaced with any other oscillator it doesn't matter.
5. Trading can't be simple. It is not.
6. Max winrate of the original TMS is 47% max. All that 86% is not true, just spend 30$ and create simple EA to check it. That's why EAs are prohibited here, because it will show the real things.

It is possible to increase TMS winrate over 50%. It need some enhancements must be maid first.
But hey, I hear angry voices about originality, respect, that we can't change the settings and must only follow the original TMS rules. Personally I don't see any purpose to ride the dead horse. Remember: old systems can't be good just because they are old. Old people are not always smart just because they are old.
Observer effect
  • #122,378
  • Jul 12, 2021 6:07am Jul 12, 2021 6:07am
Quoting DrDave
{quote} There is only one person that you should and need to follow: BigE. Start reading from post #1, take notes, and study his training charts. Remember, he made it clear that if you add things, your trading will suffer.

"he made it clear that if you add things, your trading will suffer."

That is correct. If you add IMT you will lose money.

"After all, we need to feed on the IMT traders losers in the market, and the IMT thread is a good place to lure people to donate money to the TMS traders."
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,379
  • Jul 12, 2021 6:11am Jul 12, 2021 6:11am
Quoting tommydoginti
{quote} It is the same. A dip is a low in an uptrend. A trend exhaustion downswing makes up the low. Buy at dips put odds in your favor and can have better risk:reward ratio setups Unlike some mediocre traders chasing the swing, may hit a 10pip TP with partial close, but then price hit the SL. Pretty unskilled management with poor RR. Newbie question.
TMS will fail in narrow range sideways market. Buying dips in narrow range sideways market will kill many accounts. Big E taught us to pick the best trade setups and his training charts show us the market type where he would trade the 4hr TDI green line slope at 10PM and 2AM . he was no good trading anything below H1. He was honest about that.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,380
  • Jul 12, 2021 6:12am Jul 12, 2021 6:12am
Quoting ryuryu
{quote} 1. Trading Made Simple is not a system ever, because it has no money management and exit rules. It is pretty simple system to find entry points only. It can be replaced with MACD with default settings and they entries will be exactly the same. 2. There is nothing to learn. 3. It will fail in ranging market and ranging market is ~86% all the time. 4. TDI can be replaced with any other oscillator it doesn't matter. 5. Trading can't be simple. It is not. 6. Max winrate of the original TMS is 47% max. All that 86% is not true, just spend 30$...

Hi Ryu,

you may have missed BigE’s #647.

if you write an EA to execute trades whenever a TDI green cross red occurs, I agree with you that the entry accuracy is <50%

But PA analysis is applied in Trading Made Simple to filter out the bad entries. So the odds is on your side.

Trading is not easy at all. The essence of successful trading is to know a lot, but also able to distill the knowledge into a simple trading approach.

Yes there is nothing to learn in this thread after BigE’s departure. So reading until BigE’s last post would suffice.

trade well
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