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Trading Made Simple

  • #126,461
  • Oct 10, 2021 12:59am Oct 10, 2021 12:59am
Thank you for that image, Vincent, used it to double check the lies you have posted.
>>> There is no error what so every.
You are using Tekkies Broker and you have been deceiving readers with lies about this:
Attached Image
Why?
You made only: $108.26
Attached Image (click to enlarge)
Click to Enlarge Name: usa11.PNG Size: 12 KB

Here is a little spread sheet for those that want to check how Vincent achieve everyday BigE's benchmark.
Attached File(s)
File Type: xlsx US30.xlsx   12 KB | 291 downloads
Exchange rate at: https://wise.com/gb/currency-convert...te?amount=1000
  • #126,462
  • Oct 10, 2021 1:01am Oct 10, 2021 1:01am
After completing study of Boris Schössberg seminar yesterday I developed a few new trading ideas.

A brand new fresh trading idea to scalp M5 using Big E' 5-Method.

Those with lots of chartist experience will have little problem to see the reasoning and logic here,

Boris trade this on his Indices Future on M1 and we can do this on M5 5-Method template.

Attached Image (click to enlarge)
Click to Enlarge Name: UCad M5 scalping Day hi - low.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,463
  • Oct 10, 2021 1:04am Oct 10, 2021 1:04am
Quoting Tekkies
Thank you for that image, Vincent, used it to double check the lies you have posted. >>> There is no error what so every. You are using Tekkies Broker and you have been deceiving readers with lies about this: {image}Why? You made only: $108.26 {image} Here is a little spread sheet for those that want to check how Vincent achieve everyday BigE's benchmark. {file}Exchange rate at: https://wise.com/gb/currency-convert...te?amount=1000

@Tekkies is still wrong with his trading mathematics.

It is USD trading account and trading standard lot and leverage 25:1.

#7555
Good Morning all you fabulous traders....

I started trading full lots last year... tiring of $1 a pip. Takes the same amount of work... why not get paid for it? Often shooting for $500-$1,000 PER EVENING.

iT'S NOT UNCOMMON TO FIND 3-6 TRADE SET UPS PER EVENING.

Sometimes I would set the TP to 20 pips. 3-6 pairs hitting 20 pips... a few losers maybe... made for a handsome profit.

If I put all of my eggs in one basket... it was hit or miss....

I trade both ways with success...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,464
  • Oct 10, 2021 1:06am Oct 10, 2021 1:06am
Quoting Tekkies
Thank you for that image, Vincent, used it to double check the lies you have posted. >>> There is no error what so every. You are using Tekkies Broker and you have been deceiving readers with lies about this: {image}Why? You made only: $108.26 {image} Here is a little spread sheet for those that want to check how Vincent achieve everyday BigE's benchmark. {file}Exchange rate at: https://wise.com/gb/currency-convert...te?amount=1000
@Tekkies

this is Friday Oct 08 NFP trade,

pay attention to entry and exit price and learn something.

the money is less important.
Attached Image (click to enlarge)
Click to Enlarge Name: US30 Oct 08 trade closed 10-10-2021 4-04-59 pm.png Size: 87 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,465
  • Oct 10, 2021 1:16am Oct 10, 2021 1:16am
Quoting emmanuel7788
{quote} There are two important information when we follow the market, on that chart we see : 1) the previous price action 2) the behaviour of the RSI momentum i.e. the RSI(13) /M1(2) green price line with reference to its volatility and its volatality band (same as Bollinger Band studies) {image}
In my case, under strict rules, I need to see the next HA candle open get below the 5 ema. If it does I will go max size. If it does not, but I sense weakness, I will go .25 size and let the market prove me right. Then I will add as appropriate.

Quoting emmanuel7788
After completing study of Boris Schössberg seminar yesterday I developed a few new trading ideas. A brand new fresh trading idea to scalp M5 using Big E' 5-Method. Those with lots of chartist experience will have little problem to see the reasoning and logic here, Boris trade this on his Indices Future on M1 and we can do this on M5 5-Method template. {image}
This is where people get annoyed. Big E broke away from Craig Harris. Do you have the power to break away from Big E? I am not attacking you Vince, but who is Boris, and how does this impact the way we trade?
If you are good at something, never do it for free--Joker
  • #126,466
  • Oct 10, 2021 1:24am Oct 10, 2021 1:24am
@Tekkies is still wrong with his trading mathematics.
It is USD trading account and trading standard lot and leverage 25:1.

Am I Vincent???
Lot size of $5 will never give a trader what you are posting.

https://www.tradeforextrading.com/in...x-125-and-1100

So easy to spot a lie
Attached Image
  • #126,467
  • Oct 10, 2021 1:26am Oct 10, 2021 1:26am
Next week I will start my new small Prop challenge account. Those who are interested to become prop trader for Big capital. I have few suggestions, you can add your point here.

1. when you start prop challenge, start small even your good profitable trader in your live account.
2. Have good strategy, write down all the rules of the strategy. Don't focus on new strategy when you trade challenge account. Try to execute your strategy over and over with proper skills.
3. Lose less, Cut your loss, cut your loss.
4. have a good money management strategy. Don't increase lot size after few win or few loss.
5. Journal your trade, Think in probability not certainty
6. Don't over analyze, if you over analyze it means you are afraid to lose, you think you can predict what will happen next. Truth is you don't know what will happen next, you can have a good educated predictions that is it.
7. Don't complicate your strategy.
8. If you fails don't become angry, don't become emotional. Prepare your self.
9. Every day write down your plan of actions. what will you do when certain loss limit hit.
10. After passing the challenge don't think you have done it trading is easy. Be focus on proper execution of trading plan and strategy. Remember trading is not easy and is not difficult. your emotions will make it easy after losing money your emotion will make it difficult.
11. Try to have good RR.
12. Lots of prop trader trade smart money, you don't have to do that, you don't have to follow others, you have to follow your own style.
13. Focus on few market, at most 3 market. It will help you.
14. Take screen short when you analyze, set alert. Understand PA.
15. First month you don't have to pass, Just familiar your self with platform and other environment, you will get retry next month if your positive.
16. 95% of prop traders fail, probability is against you so accept it, if you have good fund don't trade for prop firm trade your own money it is the best.
17. Focus on one trading style, if you decided to trade trend continuations trade only trend continuations don't' trade reversal. if you decided to trade reversal, focus on reversal entry don't trade trend continuations, you know what I mean.
18. Trade less, Don't over trade. To control over trading have a demo account beside your challenge account. More trade you open more you expose your self towards risk.
19. Don't day dream. Be logical.
From my experience, passing challenge is challenging and keeping that account is also challenging. Many prop trader lose their live account with in few months after passing the challenge. so Everything is experience, stay positive and stay focus on process and continuous improvement.
who knows you could be the next millionaire trader.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 16 KB
MA provides the market's current direction and strength.
  • #126,468
  • Oct 10, 2021 1:27am Oct 10, 2021 1:27am
Quoting emmanuel7788
{quote} good job! @Tekkies you found a few posts.... now you can study your old charts for those m2m3m15 trade setup on your H1 charts, when you see a m2m3m25 candle , what do you see on your H1 and the Stoch and your favourite TDI? These m2m3m15 are important price action when you want to pick the better* trade setup when trading H1 chart timeframe. *> better is not the best. * >> the best is yet to come.
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To free Gazans of Hamas, use whatever it takes.
  • #126,469
  • Oct 10, 2021 1:28am Oct 10, 2021 1:28am
Quoting emmanuel7788
{quote} @Tekkies wrote: "When are you going to explain how it is possible that a ZAR 100:1 account has the same profit as an USA 25:1 account." I don't need to explain the basics of trading. If you want to learn the basic, there is babypips.com School of Pipsology. That is very simple. Every trader knows how to calculate - Entry, Stop Loss and Take Profit using a USD10,000 account with Leverage 25:1 and do the trade Positions Size. Poor @Tekkies does not use Position Sizing when trading and his losses Drawdown is often out of his control when he...
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To free Gazans of Hamas, use whatever it takes.
  • #126,470
  • Oct 10, 2021 1:29am Oct 10, 2021 1:29am
Quoting emmanuel7788
{quote} that was another fantastic one half hour session by Kathy Lien. learn a few more simple strategies which reaffirms what I am doing is in the right direction. starting next week, I will share a few more trade ideas here.
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To free Gazans of Hamas, use whatever it takes.
  • #126,471
  • Oct 10, 2021 1:30am Oct 10, 2021 1:30am
Quoting emmanuel7788
{quote} try this! {image}
try this!
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To free Gazans of Hamas, use whatever it takes.
  • #126,472
  • Oct 10, 2021 1:34am Oct 10, 2021 1:34am
Quoting hasib
{quote} As a beginner, Trader will lose money that is normal, To become good at trading traders need to work hard on 4 aspect. 1. Strategy 2. Money management 3. Emotions and psychology management 4. Executions of entry, exit and continuous improvement with proper journal. Takkies and DrDave is not good trader, they can't be a good trader. They spend their most of the time to prove other people wrong here, Instead of self improvement. They argue again and again with meaningless topic. It proves after...
DrDave is not good trader, they can't be a good trader.
They spend their most of the time to prove other people wrong here
OOPS! Hasib, you are wrong--AGAIN!!
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To free Gazans of Hamas, use whatever it takes.
  • #126,473
  • Oct 10, 2021 1:35am Oct 10, 2021 1:35am
Quoting jmn5611
{quote}This is where people get annoyed. Big E broke away from Craig Harris. Do you have the power to break away from Big E? I am not attacking you Vince, but who is Boris, and how does this impact the way we trade?
Well asked question jmn.

What Vincent is about to post has nothing in common with any of BigE's posts.
  • #126,474
  • Oct 10, 2021 1:36am Oct 10, 2021 1:36am
Quoting emmanuel7788
{quote} did you watch today Asian Trader Festival online seminars? Follow the weekly heatmap for market fundamentals. swing traders we follow three things - Fundaments, Technicals and Sentiments.
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #126,475
  • Oct 10, 2021 1:37am Oct 10, 2021 1:37am
Quoting emmanuel7788
{quote} did you watch today Asian Trader Festival online seminars? Follow the weekly heatmap for market fundamentals. swing traders we follow three things - Fundaments, Technicals and Sentiments.
No, I did not watch that.
MA provides the market's current direction and strength.
  • #126,476
  • Oct 10, 2021 1:38am Oct 10, 2021 1:38am
Quoting emmanuel7788
{quote} There are two important information when we follow the market, on that chart we see : 1) the previous price action 2) the behaviour of the RSI momentum i.e. the RSI(13) /M1(2) green price line with reference to its volatility and its volatality band (same as Bollinger Band studies) {image}
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #126,477
  • Oct 10, 2021 1:41am Oct 10, 2021 1:41am
Quoting Tekkies
@Tekkies is still wrong with his trading mathematics. It is USD trading account and trading standard lot and leverage 25:1. Am I Vincent??? Lot size of $5 will never give a trader what you are posting. https://www.tradeforextrading.com/in...x-125-and-1100 So easy to spot a lie {image}

@Tekkies

You still do not know the difference trading spot forex and market indices like DOW US30.

Stop making a bigger fool of yourself here. Open up your mind and your brain will not fall out. Learn with an open mind. And you will find what works for you. So far, nothing has worked for you since 2016.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,480
  • Oct 10, 2021 1:51am Oct 10, 2021 1:51am
Quoting jmn5611
{quote} In my case, under strict rules, I need to see the next HA candle open get below the 5 ema. If it does I will go max size. If it does not, but I sense weakness, I will go .25 size and let the market prove me right. Then I will add as appropriate. {quote} This is where people get annoyed. Big E broke away from Craig Harris. Do you have the power to break away from Big E? I am not attacking you Vince, but who is Boris, and how does this impact the way we trade?

"who is Boris, and how does this impact the way we trade?"

Boris Schlössberg has been know for many years even during the time when Big E was trading Synergy.

He is a scalper and what I shared is how he scalp M1 with the Daily' dynamic support and resistance selling new tops and buying new bottoms . But I can do the same on my M5 for scalping.
What I show on my M5 is using Big E APB/HA candles and 5EMA for the setups. You don't need any Stoch and RSI or TDI, but if you have them on your M5 charts, both Stoch and TDI will conform with Big E' Post#261.

It is that simple as in Post#647.

The strategy requires a 5 trades cycle and money management which Boris explained in his video Mastering Management Techniques which I posted long time ago.
Some people will shout it is Martingale but it is not. It is the same what Big E did when he was trading Craig Harris GU 15-min back in 2009 but he did that with 2 trades cycle only.

I remember Phx62 also traded this highs and lows of the London open session. Quite similar approach using 5-Method.

Attached Image (click to enlarge)
Click to Enlarge Name: UCad M5 scalping Day hi - low.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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