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Wisdom, Motivation & Success

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  • #1
  • First Post: Edited Oct 30, 2021 4:42am Jul 12, 2021 3:12pm | Edited Oct 30, 2021 4:42am
Why this thread?

Spiritual rule: give to others what you want for yourself.

Want more wisdom? Teach.
Want more motivation? Motivate.
Want success? Help others to be successfull.

Rules of this thread:

1. Posting allowed only to traders with real account positive results TE attached in signature - at least 3 months results

2. All those who have no real results to show can ask questions in other threads (for example ask here) with quoting this thread. But let's keep this thread clean and easy to read.

Possible content of this thread:

Excellent trades - screenshots from TE history and explain why entry, why exit.
The wisdom you think is important to learn to be a successful trader.
Anything you are proud of - show your success.

We are like candles - we can enlight others and might happen that our own flame disappears. There should be always some person with a successful flame burning bright at some moment - let's share that flame of energy to inspire others and to make some insurance for ourselves. There is up and downs in trading for all of us.

When you posted because had positive results in TE and then drawdown or wipeout - then stop posting. Fight back confidence. Get back on the track. And post again when have good results.

Let's make this thread motivational storage.

Imagine - all posts have signatures with positive real trading results. What a thread that could be!
  • #2
  • Jul 12, 2021 3:31pm Jul 12, 2021 3:31pm
As the first example will post my good and audited forecast of Tesla stocks drop. See here my post on February 10, 2021. After that post, Tesla drops 32%.

Quoting gepards
I am now considering to short TSLA
Attached Image (click to enlarge)
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My observations regarding Tesla were right. You can check my original post and learn how I made a decision by using common sense.
  • #3
  • Edited 1:30am Jul 17, 2021 1:15am | Edited 1:30am
Quoting gepards
Recently set up 60 EAs with various setups on 1 account to hunt for very rare but profitable entries. Each of EA setup individually was winner historically in 20 years backtests
My fluctuations EAs account starting to produce profits - already 3rd profitable trade:

Attached Image (click to enlarge)
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It was 31. EA with SL20 and TP20.

The deal was according to the probabilities fluctuation rule. Implemented moving average of positive deal success rate fluctuations.

Entry for BUY:
TimeFrame: 1h
RSI period: 4
RSI below: 25
Entry hours allowed: 8am to 15pm (London time -2h)
Fluctuation moving average period: 18
Fluctuation moving average below: 30 (possible probability values from 0 to 100)

This example illustrates the proper usage of any indicator. You must use a statistical approach to any indicator. Measure probabilities fluctuations and enter deals on extremes.

Indicators must be used to make identical statistical conditions to measure probabilities. You can use any indicator and fixed SL/TP to prepare statistical conditions to measure.

Learn this very important statistic concept about extremes.
  • #4
  • Jul 17, 2021 2:05am Jul 17, 2021 2:05am
Quoting gepards
Why this thread? Spiritual rule: give to others what you want for yourself. Want more wisdom? Teach. Want more motivation? Motivate. Want success? Help others to be successfull. Rules of this thread: 1. Posting allowed only to traders with real account positive results TE attached in signature - at least 3 months results 2. If no TE - banned from posting (without warning - straight to ignore list) 3. All those who have no real results to show can ask questions in other threads (for...
Hi gepards, did you check out the trades section of FF?
If you are good at something, never do it for free--Joker
  • #5
  • Jul 19, 2021 11:03am Jul 19, 2021 11:03am
Quoting gepards
My fluctuations EAs account starting to produce profits - already 3rd profitable trade
Again profitable trade - now 4 in a row from 2 EAs:

Attached Image (click to enlarge)
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That particular EA had 40 deals in 20 years. Very rare entries. But highly profitable - see here 20 years history:

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For SL20 and TP20 it is a very high-profit %.

All you need is to use an indicator, get statistics of probabilities fluctuations, when seeing extremes - turn on real deals. Yes, you need an EA for that for sure... not possible to trade this manual.
  • #6
  • Jul 21, 2021 8:45am Jul 21, 2021 8:45am
Closed FB with 3.2% profits in 2 days:

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You can follow my manual stocks trading with this trade explorer - all exposed.

I trade manually to learn and maybe somehow get new ideas on how to improve my EAs. Manually I trade SELL too on stocks. Sometimes using hedge (2 different stocks).

I use finviz for fundamentals info. Mostly to see the reason of dip or why up - then decide to go against it. Sometimes scalping. Just learning and observing.
  • #7
  • Jul 21, 2021 9:11am Jul 21, 2021 9:11am
Already 6 profitable deals in a row - start to feel like holly grail creator joking... there might be ~20% account drawdown with those 60 EAs... so I just enjoying a profitable period now.

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The last 2 deals were opened at the same time by 2 different EAs setups.

But overall - yes I am geting more confidence that hunting rare but profitable extremes could be a good idea. I Will work more on those EAs... create additional setups. Ideally would be 1000 EAs.. If those 60 EAs will be profitable for 3 months maybe consider developing "master EA" to run all desired 1000 setups as 1 EA instance (load .set files in arrays).
  • #8
  • Jul 22, 2021 8:57am Jul 22, 2021 8:57am
OK... 8 profitable deals in a row... start worry... maybe too many deals from 2 EAs...

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Here backtest for EA with magic 202031 (naming of magic TP/SL/Nr so this EA have TP 20 pips, SL 20 pips and it is Nr 31 EA on account):

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In backtest history, we see the same happens in 2006. and also was serie of deals.

So this EA Nr31 produced 40 deals in 20 years history but actually, there were only 7 time spans several days for series of tradings - but with highly probabilities of profitable deals.

For now EA Nr 31 will still open some deals. If next deal profitable - it will shut down trading. If not profitable we can expect to see several other deals.
  • #9
  • Edited 2:09pm Jul 28, 2021 10:23am | Edited 2:09pm
Quoting gepards
So this EA Nr31 produced 40 deals in 20 years history but actually, there were only 7 time spans several days for series of tradings - but with highly probabilities of profitable deals. For now EA Nr 31 will still open some deals. If next deal profitable - it will shut down trading.
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It is done. From 2 EAs 10 profitable trades in a row. Now EAs will shut down real trading and wait for the next extreme time span - those 60 "silent hunters" for extremes.
  • #10
  • Jul 28, 2021 2:17pm Jul 28, 2021 2:17pm
Another EA started good - buy the dips of FB stock. First 3 trades and all profitable. This is also safe approach - using averaging but limited with SL. Entries made 2 hours before market close - the bet is on the positive gap.

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EA account attached to this thread TE.
  • #11
  • Aug 16, 2021 7:00am Aug 16, 2021 7:00am
Here some nice account results so far:

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This setup was backtested 10 years. So far running accordingly.
  • #12
  • Aug 17, 2021 1:34pm Aug 17, 2021 1:34pm
Quoting Wags
I think its time to cut to the chase here A great author can write the perfect story about winning the world cup final, the heavy weight boxing title, beating usain bolts 100m record and the list goes on But can that great author score a hatrick against brazil and lift the world cup above their head, knock out ali or tyson, run faster than 9.58 seconds over 100m Words are meaningless without something to back it up, without real actual proof you will always be the doubt in the other persons head
Good point. Quoting this post here to collect success. Your TE is very good and motivating! Thank you for sharing

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  • #13
  • Aug 17, 2021 2:26pm Aug 17, 2021 2:26pm
Quoting gepards
{quote} Good point. Quoting this post here to collect success. Your TE is very good and motivating! Thank you for sharing {image}

Thanks

I haven't been taking many trades on this strategy for a while as i am trading something else atm, but i took the trades on my TE on market/volume profile for about 10/20 pips TP

Wags
  • #14
  • Aug 19, 2021 2:04pm Aug 19, 2021 2:04pm
Like that EA very much - it use hedge of MSFT and IBM. If all stock market crash - it still profitable. Here recently was 1 month in dd. Yesterday went out. Now made 3 good entries in a row.

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  • #15
  • Edited 12:30pm Aug 20, 2021 12:19pm | Edited 12:30pm
Here is my best account so far.. MSFT buy the dips. 1 manual deal was by mistake with TSLA sell... all other MSFT buy only fully automated. Optimized/backtested with 8 years history. Now 6 months working.

Possible dd might be about 26%, using SL on 13% dd, so far max dd was ~5%. While no SL hit enjoying good run-up period.

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Thinking "maybe turn off EA trading, wait stocks crash and then turn on back" ... but in 8 years was periods when 1-3 years without SL. And yes all waiting for stocks crash now... but was in 1 webinar where hear this: out of 20 forecasted stocks crash actually happened only 2. There are many who speculate that stocks "must crash now"... but what I see today - MSFT broke 300 USD price And why not? It is good company.

This account opened in base currency ETH when ETH price was ~1800 USD. Today's ETH price is ~3260 usd..

And yes... by the way... Microsoft plans to use the Etherium blockchain to develop software anti-piracy solutions. Super bullish for ETH.
  • #16
  • Aug 22, 2021 5:04am Aug 22, 2021 5:04am
As this thread is not only about motivation storage and moments of success but some wisdom too...

Go here to this awesome post. Great wisdom. Fully agree.

Quoting BWilliam
There are 3 huge stumbling blocks that prevent you from learning something this simple.
Dear future gepards, when your awesome EAs will experience unexpected DD... read that post and re-think what/why/how you are doing.
  • #17
  • Aug 24, 2021 4:19am Aug 24, 2021 4:19am
Some good news from another extremes trading 12 EAs account - it get out of dd.

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Idea of those extremes is this: trade virtual with risky strategy using averaging. When averaging dive deep in opened levels then on level N (different for each EA) enter 1 real trade with SL and TP. Not much deals but high probability to be profitable.
  • #18
  • Aug 25, 2021 12:37am Aug 25, 2021 12:37am
A systematic approach should be taken to secure knowledge of Forex Trading to avoid the mishap of many heartbreaking experiences involved when learning it alone.
  • #19
  • Aug 30, 2021 1:21pm Aug 30, 2021 1:21pm
Here another good setup for FB stocks. I named it "Allways trade" - when BUY closed then opened SELL and vice versa. Surfing on waves

For now 58% growth in 4 months.

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Here last 3 profitable trades in a row. EA catched waves quite good.

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Was thinkking that only with high leverage (1:500) possible to earn something.. But hey... here I have only 1:10 leverage and still can earn.
  • #20
  • Sep 21, 2021 10:22am Sep 21, 2021 10:22am
Quoting gepards
Here another good setup for FB stocks. I named it "Allways trade" - when BUY closed then opened SELL and vice versa. Surfing on waves For now 58% growth in 4 months. {image} Here last 3 profitable trades in a row. EA catched waves quite good. {image} Was thinkking that only with high leverage (1:500) possible to earn something.. But hey... here I have only 1:10 leverage and still can earn.
Still good results - now 73% after last SELL deal closed with profits.

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