Is this motivating? TDI is not even mentioned in that post. Remain unanswered :WHERE DID BIGE POSTED THAT TDI CONFIRM SETUP's?? Just drop it, chalk it up one notch as thumb sucking by a member.
3) You do not understand what are rollover trades. Even better!!! Two massive wins and Trade Report show USDCHF had a losing month. {image}Where is the Trade Explore to verify Trade Report? HANG ON > Much better to use Tekkies TE, that way there is no need for own personal TE. ------ > Rollover traders? BigE posted this: #11.... close all trades at that time and go back to sleep... > The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. BigE posted...
General Question to everyone : How many instruments do you trade? Personally I find it easier to focus on only one, but you know trading is fun and only one instrument can be boring time to time. From what I've seen on really succesfull portfolios, they usually traded 3-4 instruments or 2. What are your thoughts guys?
{quote} {image} Simply following BigE's Trading Made Simple. Simple entry and exit rules Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning. 1. TDI green red line (#647 PA analysis) 2. Previous High/Low 3. Rejection at previous High/Low 4. Trend, long and short term 1. Cross down 2. Price retest previous high and resistance. 3. Rejection from range high 4. Range & Before news. {image} Adding crap EAs does not help...
{quote} Simply following BigE's Trading Made Simple. Simple entry and exit rules Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning. 1. TDI green red line (#647 PA analysis) 2. Previous High/Low 3. Rejection at previous High/Low 4. Trend, long and short term GU Monday Asia Session. Slow and above previous higher lows. {image} Adding crap EAs does not help improve your trading. Set and forget SLTP you can maximise...
{quote} {image} Slow day. Sell to Previous Low. TP hit. {image}
{quote} The following may represent more reality. This is verified result and this trader is ranked at top in fundseeder.com (which is similar to myfxbook.com for stocks and futures traders). For 99% of people in FF, it may look too 'boring' as they are here to gamble and become a rich quick. To make 60% gain, yes, you should be ready to lose 60% as well. For most serious people, that falls in gambling territory. That doesn't impress anyone in Wall Street. {image} {image}
{quote} Trading performance usually use % for evaluation. Simply because capital size is irrelevant in how good the trading is. When looking at %, the Gain/Loss can be one simple way to look at. For some metric such as FTMO, that is the (average closed trade) Risk:Reward heispark once shared a performance graph of a well performing trader. The Gain/Loss is 2~10. My last month’s gain/loss was 7 (4.9% / 0.7%). You can do your calculation to look at your performance trade well {image}{image}{image}
{quote} The following may represent more reality. This is verified result and this trader is ranked at top in fundseeder.com (which is similar to myfxbook.com for stocks and futures traders). For 99% of people in FF, it may look too 'boring' as they are here to gamble and become a rich quick. To make 60% gain, yes, you should be ready to lose 60% as well. For most serious people, that falls in gambling territory. That doesn't impress anyone in Wall Street. {image} {image}
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{quote}Surely the only difference between the 2 is that 1 of you shows the money. Both show the percentage profit and drawdown. Your profit is 10 x higher than his, but then your drawdown is over 10 x higher than his, so that is down to personal risk appetite. Percentage figures should show all that is needed to know if something is profitable? or am I missing something?
model?
If you don’t know how to interpret price action, the TDI is a pretty useless tool. Someone with experience can draw a few trend lines, support and resistance levels, gauge current price volatility, and be able to place their trades with stop-loss and take-profit. Those criss-crossing green and red signal lines will confuse too many naive people that are looking for an easy way to win at trading, since most of them do not have much of an idea how prices flow.
