Many opportunities in a day, now back to my usual 3 - GBPUSD, AUDJPY and US30.
2
The truth about trading 161 replies
Truth about trading 9 replies
Truth about online trading...Is this us also? 5 replies
Pulos Bill - The Truth About Fibonacci Trading (Attached) 4 replies
The Bonehead Trader..please be brutal!! 47 replies
Disliked{quote} Let's make this SIMPLER for all the REAL trolls on this thread and elsewhere shall we .... You have a $100 USD account (SO that the idiots in the crowd don't try to argue over primary account denomination). And you want to aim to return 5% per day THAT IS WORTH TRADING. I'm NOT talking about a 5-7pips ranging day with very little volatility. Seeing as so many LOVE arguing over scalping issues and topics. What is $100 divided by 5? 20. So you can have 20 pieces of 5 that evenly go into $100. This means that $5.00 USD is your 5% net target...Ignored
Disliked{quote} Bad place indeed. But enough for a hefty big breakfast for my family. Many opportunities in a day, now back to my usual 3 - GBPUSD, AUDJPY and US30.Ignored
DislikedIt is an interesting experiment - open 10 mini-accounts ($100 each). Each account execute 10 trades of 0.01 on the same pair (GBPUSD). And place the stop loss 15 pips away from price. That is a total of 100 SLs. Do you think market will take out those SLs? A great strategy is there for those who try it out.Ignored
DislikedIt is an interesting experiment - open 10 mini-accounts ($100 each). Each account execute 10 trades of 0.01 on the same pair (GBPUSD). And place the stop loss 15 pips away from price. That is a total of 100 SLs. Do you think market will take out those SLs? A great strategy is there for those who try it out.Ignored
DislikedVolume is useful if you know how to use it. Of course from the Wyckoff perspective you have to use it with price (and more importantly the context or background). Manipulation is also there and Wyckoff touched on it. Why would you look at volume if you are not looking for possible manipulation? In all there is a lot of useful information on FF - from RickM, George_AUS, profitfarmer, bilal1947Ignored
Disliked{quote} Hi kette! Could you please explain why to trade crypto on forex with max 50 leverage nominated in dollars if you can trade perpetual futures with 100x leverage nominated in btc? There are no risk with 1x leverage on shorts ever, and it is 2 times less risky (2x times more margin). {quote} It works great. But the main problem here that it is impossible to test it "at once". There are no such a feature in strategy tester to test >1 account at once. I have custom strategy tester for that kind of trades but on crypto and it works good. But my...Ignored
DislikedI have shared this before "You have to ask yourself why the members of the self-regulated Exchanges around the world like to keep true volume information away from you as far as possible. The reason is because they know how important it is in analysing a market!" - an extract from the late Tom Williams' "The Undeclared Secrets that dive the stock market" (later called Master the Markets). I believe it is not a coincidence. This is part of the reasons why retail traders lose. I do understand that the Forex market is decentralized.Ignored
Disliked{quote} simplement parce que je ne me soucie pas de l'argent. Ce qui compte pour moi, c'est que je peux toujours répéter cette opération. sur le graphique btcusd j'ai fait toutes les ventes partielles 0,01 est le symbole de ce qui est possibleIgnored
Disliked{quote} True! Real truth of Trading. {quote} I'm terribly sorry if don't believe in your abilities. Just a friendly remark. Since brokers, exchanges and the whole world are against us - the traders, why not try to use any, even thin advantage against them? They will change the game rules soon. So why not to use it? (p.s. little example. In 2017 we were able to place fill or kill orders with any volume we wish. Even we have no money for that. Imagine the opportunities. And then...Ignored
Disliked"If you are following a future, remember that the future is a derivative of the cash market - the equity lies in the cash market and not the future. The future will move first, however, because the main players will know in advance if the cash market is becoming either weak or strong and will trade the future accordingly." This is an extract from the late Tom Williams' TradeGuider Software indicator information (VSA Guide). It is what I'm currently studying (the Wyckoff and VSA). This just reminded me of some of RickM's past posts about the Futures...Ignored
Disliked{quote} It works great. But the main problem here that it is impossible to test it "at once". There are no such a feature in strategy tester to test >1 account at once. I have custom strategy tester for that kind of trades but on crypto and it works good. But my strategy is a little bit different. If you have 100 accounts you are trading for example with 10 only and if any big DD found you fund it using another account. And so on. The strategy seems to be complicated but it is very interesting.Ignored
DislikedWhile I appreciate and try to learn from others strategies , I do find that some are really over complicated. Many use MA - when MA7 cross MA20. How many does an averaging of how many pips have moved away from MA 7 (or whatever setting) when price reverse? How many average up H4 fractal legs? While the algo of the MM or whoever they are, is a complex algorithm BUT it is still based on math, it will still be reduced to 1 + 1.Ignored
DislikedThis should be enough for me this morning, and I'm free now to tend my small garden.Ignored