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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #125,361
  • Sep 23, 2021 6:59am Sep 23, 2021 6:59am
Done for the day. Trade safe.
I know lot of barking you will see about me. All are false acquisitions.
I don't take more than 1% risk at a time. All my open positions never exit more than 1% risk.

You know it right, Lot of Barking people can't get 272 pips in a month, I gain it in a day. You know the difference. You will never see their open trade, you will never see their stop and take profit. You will see Trading view drawing in the chart.

Any one can design their risk reward and trade in Trading view. Very few can execute their trade in live market.

I am not perfect, I make mistake too. Mistake is part of trading. Just keep growing your account slowly. Don't listen to barking dog. After losing few trade they become mad and come here to attack others.
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MA provides the market's current direction and strength.
  • #125,362
  • Sep 23, 2021 7:04am Sep 23, 2021 7:04am
Quoting tommydoginti
{quote} Living in 2018... Even that account EQ is really bad. Huge DD when losing trades. Very risky strategy. I would prefer Trading Made Simple and focus on solid path of growing account size and controlling risk.
He chose not to use BigE's trade management of exiting if the move starts giving back 15 or so pips. Instead, he goes with that risky averaging down and "position building" when a swing reverses and has to go with hope&pray that the direction change is just a pullback that will recover before his drawdown limit is reached and not an actual true trend reversal. This is one of the reasons why we will never see a live revealing TE from him: it would expose all of these instances of adding on to negative positions as well as revealing the huge losses that eat up those alleged $1000 daily average profits.

More likely he makes $1000 in average PROFITABLE trades a day, but then when the average of the LOSING trades per day (conveniently never shown) is factored in, the net result is mainly losing days.
To free Gazans of Hamas, use whatever it takes.
  • #125,363
  • Sep 23, 2021 7:06am Sep 23, 2021 7:06am
Quoting emmanuel7788
{quote} LOL. @tommydog you are very good at writing stories "Even that account EQ is really bad. Huge DD when losing trades. Very risky strategy." that's is verbal diarrhea with no proven trading skills. { here } instead of writing hindsight analysis of charts and posting fake trades you simply need to do the right thing and to show people here that your account can survive 12-months. So far you have not done that.
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To free Gazans of Hamas, use whatever it takes.
  • #125,364
  • Sep 23, 2021 7:07am Sep 23, 2021 7:07am
Quoting emmanuel7788
{quote} hey @tommydog risking 15% to 30% was Big E. I risk 3% of banked-in profits per trade aka 'free trade'. Eelfranz: "I've never used money management rules like most people use it... 2-3% on a trade... never seemed to fit my personality and I'm sure it's frustrated more than a few of you out in Forex Land... Most of my trades use from 15-30% of my account... why? That's where I feel most comfortable trading.... and why one of MY PERSONAL RULES is to exit the trade at the 12-15 pip pullback region... Regardless of the time frame... It's always...
Good. Finally you have read correctly about BigE’s Trading Made Simple and what he posted.

I am risking less than 1%. The capital growth in last 7 months is pretty good. Slow and steady.

My advise to you is stick to the original TMS. If you risk 3% and trade TMS well and comparable to me in terms of performance, you probably have doubled your account size in 7 months.

trade well. You have detoured for too long. Time to get back on the right track of TMS.

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  • #125,365
  • Sep 23, 2021 7:15am Sep 23, 2021 7:15am
Quoting emmanuel7788
{quote} hey @tommydog risking 15% to 30% was Big E. I risk 3% of banked-in profits per trade aka 'free trade'. Eelfranz: "I've never used money management rules like most people use it... 2-3% on a trade... never seemed to fit my personality and I'm sure it's frustrated more than a few of you out in Forex Land... Most of my trades use from 15-30% of my account... why? That's where I feel most comfortable trading.... and why one of MY PERSONAL RULES is to exit the trade at the 12-15 pip pullback region... Regardless of the time frame... It's always...
15 to 30% risk in a trade,
Come-on BigE

Read some risk management book, You need to improve your trading. O I forgot BigE is no longer with us.
RIP Man.
MA provides the market's current direction and strength.
  • #125,366
  • Sep 23, 2021 7:24am Sep 23, 2021 7:24am
Quoting tommydoginti
{quote} Good. Finally you have read correctly about BigE’s Trading Made Simple and what he posted. I am risking less than 1%. The capital growth in last 7 months is pretty good. Slow and steady. My advise to you is stick to the original TMS. If you risk 3% and trade TMS well and comparable to me in terms of performance, you probably have doubled your account size in 7 months. trade well. You have detoured for too long. Time to get back on the right track of TMS. {image}
I have a little different strategy. When I have a new account, I risk 1% on every trade. After the equity has grown a certain amount, I then risk 1/3 of the accumulated PROFITS, up to a maximum of 5% of the initial stake (not 5% of the entire account). This ensures that other than the initial "breaking in" period, I never risk losing the initial stake that I made.

I withdraw funds only if the point is reached where 1/3of the profits exceeds the 5% of initial stake limit. If I don't make a withdrawal then, then I make a "reset" and treat the current balance as a new account and start the system over again.

Works for me to achieve exponential growth curve. Many people are too impatient to work through the initial stages where the slope of the equity curve is very small, so they never get to see the rewards from where the curve "turns the corner" from that nearly baseline segment.
To free Gazans of Hamas, use whatever it takes.
  • #125,367
  • Sep 23, 2021 7:28am Sep 23, 2021 7:28am
Quoting hasib
{quote} 15 to 30% risk in a trade, Come-on BigE Read some risk management book, You need to improve your trading. O I forgot BigE is no longer with us. RIP Man.
@hasib

Big E was a very rich man. A member who live near him told me that Big E contributed money to his community church regularly. Although his Las Vegas #557 talked about USD10,000 as entertainment money he would take to Las Vegas, I do not believe he would gamble with his money. He taught people about the huge risk in trading and that people should accept the risk when they trade. He advised people at stay away trading the M5, M15, M30 and even H1 but people did not listen and they will lose money. His reason in starting this new thread is to show people to trade the 4hr and Daily.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,368
  • Sep 23, 2021 7:30am Sep 23, 2021 7:30am
Quoting DrDave
{quote} I have a little different strategy. When I have a new account, I risk 1% on every trade. After the equity has grown a certain amount, I then risk 1/3 of the accumulated PROFITS, up to a maximum of 5% of the initial stake (not 5% of the entire account). This ensures that other than the initial "breaking in" period, I never risk losing the initial stake that I made. I withdraw funds only if the point is reached where 1/3of the profits exceeds the 5% of initial stake limit. If I don't make a withdrawal then, then I make a "reset" and treat...

LOL.

All theory talk goes on and on and on for years.

Please show us how that work in realtime trading.

You can write good trading books and how to get rich fast trading retail spot forex.

Show us a Demo account how you do all these theory stuff.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,369
  • Sep 23, 2021 7:34am Sep 23, 2021 7:34am
Quoting emmanuel7788
{quote} @hasib Big E was a very rich man. A member who live near him told me that Big E contributed money to his community church regularly. Although his Las Vegas #557 talked about USD10,000 as entertainment money he would take to Las Vegas, I do not believe he would gamble with his money. He taught people about the huge risk in trading and that people should accept the risk when they trade. He advised people at stay away trading the M5, M15, M30 and even H1 but people did...
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #125,370
  • Sep 23, 2021 7:41am Sep 23, 2021 7:41am
Quoting tommydoginti
{quote} Good. Finally you have read correctly about BigE’s Trading Made Simple and what he posted. I am risking less than 1%. The capital growth in last 7 months is pretty good. Slow and steady. My advise to you is stick to the original TMS. If you risk 3% and trade TMS well and comparable to me in terms of performance, you probably have doubled your account size in 7 months. trade well. You have detoured for too long. Time to get back on the right track of TMS. {image}
@tommydog

You do not have any sound advice with proven track record. You only started trading TMS in Feb 2021. I wait for your 12 -months track record.

I stick to my trading business based on Big E' 5-Method and I have my own Money Management strategies which I have already shared here since 2012.
I risk 3% per currency pair basket I trade. I trade 5 basket each time and have my 20-trading days cycle. Profit is 10% per cycle. I can grow an account 8 times in 3 years/36 months. and it is low risk trading strategy.

Trading Made Simple TMS for me is 4H Short Swing Trading and Daily/Week Long Swing Trading. Both systems are CashFlow generating.

You have not done any trading systems development yet. You need to have a Blueprint for Trading Success which you do not have yet.

Watch this video on Mastering Risk Management :
Learn both the Lotto Model and Insurance Model, then ask me what is my CashFlow Model which I shared here years ago.

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,371
  • Sep 23, 2021 7:48am Sep 23, 2021 7:48am
Quoting DrDave
{quote} He chose not to use BigE's trade management of exiting if the move starts giving back 15 or so pips. Instead, he goes with that risky averaging down and "position building" when a swing reverses and has to go with hope&pray that the direction change is just a pullback that will recover before his drawdown limit is reached and not an actual true trend reversal. This is one of the reasons why we will never see a live revealing TE from him: it would expose all of these instances of adding on to negative positions as well as revealing the huge...

A long time loser write good stories from his own imagination and own trading experience.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,372
  • Sep 23, 2021 7:58am Sep 23, 2021 7:58am
125 369 post's about what?
------
It aren't for sure about what BigE has posted although the post does read like that.
-----
Anyway 125 369 post's summed up in a nutshell:
a - Refresh chart before even looking at the chart.
b - Did TDI green crossed red > Yes.
c - Is Stoch confirming TDI green direction > Yes.
d - Confirm crossover with post#647
e - Place a trade or not and walk away.
f - Come back when new bar has opened and repeat a, b, c, d, e, f.

Why is it so difficult to get Trading Made Simple right?
Look at alert given at London open look at what price did with TDI green cross red.
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One of the kind, messed up even a simple place and forget trades.

Hi Tekkies what is wrong with you?????
>>> Can I take a rain check on that one!!!!
  • #125,373
  • Sep 23, 2021 8:07am Sep 23, 2021 8:07am
Quoting emmanuel7788
{quote} @tommydog You only started trading TMS in Feb 2021. I wait for your 12 -months track record.
@tommydog I wait for your 12 -months track record.
Please do! Oh, and make that "wait SILENTLY for your 12 -months track record.
To free Gazans of Hamas, use whatever it takes.
  • #125,374
  • Sep 23, 2021 8:10am Sep 23, 2021 8:10am
Quoting Tekkies
125 369 post's about what? ------ It aren't for sure about what BigE has posted although the post does read like that. ----- Anyway 125 369 post's summed up in a nutshell: a - Refresh chart before even looking at the chart. b - Did TDI green crossed red > Yes. c - Is Stoch confirming TDI green direction > Yes. d - Confirm crossover with post#647 e - Place a trade or not and walk away. f - Come back when new bar has opened and repeat a, b, c, d, e, f. Why is it so difficult to get Trading Made Simple right? Look at alert given at London open look...

Good @Tekkies you got question.

Big E knew people would have questions even after he passed away.
#160
Unless you mastered this method already... keep the questions or concerns coming. Post your Demo trades too.

Continue making Demo trades to build your confidence and study old charts where the TDI gives clean signals... it will pay you in spades... well, pips in our case...

You ask : "Why is it so difficult to get Trading Made Simple right? "


My answer : You still did not learn what the 5-Method is. Go back to the old thread and start all over again. Big E made the jump from his old thread to this new thread to discuss only his 5-Method. Trading Made Simple is just this thread' title and Big E explained how he trade his 10PM and 2AM 4hr candles and close at 6AM using his 5-Method. He also traded H1 during NY session 2 to 3 hours only.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,375
  • Sep 23, 2021 8:13am Sep 23, 2021 8:13am
Quoting emmanuel7788
{quote} hey @tommydog risking 15% to 30% was Big E. I risk 3% of banked-in profits per trade aka 'free trade'. Eelfranz: "I've never used money management rules like most people use it... 2-3% on a trade... never seemed to fit my personality and I'm sure it's frustrated more than a few of you out in Forex Land... Most of my trades use from 15-30% of my account... why? That's where I feel most comfortable trading.... and why one of MY PERSONAL RULES is to exit the trade at the 12-15 pip pullback region... Regardless of the time frame... It's always...
We can take an example of this from the first entry in Post 2 (check image). If we
put stop loss at swing point the distance is 106 pips to the entry price (remember the ATR in 2011 was close to twice the size it is today).
We can say that the risk on this trade was 30%. If we pretend that the price was going against the entry BigE would exited the trade after -15pips.
If we do the calculation he would lose 4.24% of his account on this trade. If he won 80% of his trades and his average risk:reward was better than 1:1 that
is not a problem since the price will never hit the stop loss at the swing point. But if you do not exit the trades like BigE you would have blown you account after some time.
  • #125,376
  • Sep 23, 2021 8:14am Sep 23, 2021 8:14am
Quoting emmanuel7788
{quote} @tommydog You do not have any sound advice with proven track record. You only started trading TMS in Feb 2021. I wait for your 12 -months track record. I stick to my trading business based on Big E' 5-Method and I have my own Money Management strategies which I have already shared here since 2012. I risk 3% per currency pair basket I trade. I trade 5 basket each time and have my 20-trading days cycle. Profit is 10% per cycle. I can grow an account 8 times in 3 years/36 months. and it is low risk trading strategy. Trading Made Simple TMS...
I stick to my trading business ...
LOL. Why are you wasting your time with that??? You already posted that you average $1000 per day with your $10,000 account. With about 200 trading days in a year, that is 200,000 added by the year end. That is a 20X account growth in just ONE YEAR!! So why so pleased about a mere 8X growth in 3 years????

ask me what is my CashFlow Model which I shared here years ago
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No one cares. If someone did care, he has already searched and found it.
To free Gazans of Hamas, use whatever it takes.
  • #125,377
  • Sep 23, 2021 8:18am Sep 23, 2021 8:18am
Quoting emmanuel7788
{quote} A long time loser write good stories from his own imagination and own trading experience.
Although I do indeed have a good imagination and trading experience, I don't need to use either to provide narrative for this thread, because you provide MORE THAN ENOUGH material to work with--makes my writing that much easier.
To free Gazans of Hamas, use whatever it takes.
  • #125,378
  • Sep 23, 2021 8:20am Sep 23, 2021 8:20am
"I wait for your 12 -months track record"
Tekkies is waiting for Vincent's Trade Explorer now at 8 months and counting.
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"much jealousy, hatred and anger bottled up inside"
Yep you can read all about it here:
Post 125,371
jealousy: You do not have any sound advice with proven track record
hatred: You only started trading TMS in Feb 2021
anger: I wait for your 12 -months track record
  • #125,379
  • Sep 23, 2021 8:20am Sep 23, 2021 8:20am
Quoting DrDave
{quote} I stick to my trading business ... LOL. Why are you wasting your time with that??? You already posted that you average $1000 per day with your $10,000 account. With about 200 trading days in a year, that is 200,000 added by the year end. That is a 20X account growth in just ONE YEAR!! So why so pleased about a mere 8X growth in 3 years???? ask me what is my CashFlow Model which I shared here years ago {image} No one cares. If someone did care, he has already searched and found it.
Now you expose how little you know about the markets.

It a very simple answer.

You don't find Trending Market Type every week that run 3 to 8 candles in one month.

Sometimes, you only find one trending pair that run 3 to 8 candle in 12 months.

Market is sideways most of the time. To have more trades, you need to look at more pairs. There are 20 to 28 pairs to consider.

Thanks for the laughs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,380
  • Sep 23, 2021 8:28am Sep 23, 2021 8:28am
the yellow metal looks like trending down since it was rejected on the weekly chart at a sell zone yesterday. Today's range is also done..will leave this aside for now
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the cautious seldom err....C
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