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Trading Made Simple

  • #131,521
  • May 3, 2022 7:18am May 3, 2022 7:18am
Quoting Tekkies
{quote} Other toxic post Vincent? > You are quite good at posting those type of posts.

what is toxic?

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,522
  • May 3, 2022 7:35am May 3, 2022 7:35am
Quoting emmanuel7788
{quote} with your £40,000 account deposit and UK regulatory leverage 1:30, you can make average 10% every 20 trading days trading conservative money management , you can start with TMS MEME. there are several UK traders wanting to trade privately in a small group and not waste their time with all the noise in this thread. PM each other and get organised among yourself. {image}
there are several UK traders wanting to trade privately in a small group and not waste their time with all the noise in this thread. PM each other and get organised among yourself.
LOL
What's wrong with this???
Let's analyze ...
1. there are UK traders that want to trade in a small group
OK, a statement of fact.

2. PM each other
OOPS!! Who, if anyone, has the usernames of these UK traders so that it would be possible for someone to PM them?

3. IF these UK traders actually exist, why in the world hasn't Vincent or one of them ALREADY organized a trading group??? Or even opened a thread for UK traders that would like to join a trading group?


I am sure that you can all see that this is as full of holes as a strainer and how this is just more PURE FANTASY that Vincent has created to try to get other people's attention.
To free Gazans of Hamas, use whatever it takes.
  • #131,523
  • May 3, 2022 7:43am May 3, 2022 7:43am
Quoting emmanuel7788
US Markets May03 NYSE Chicago 9am - the Weekly is clear for me - NYSE M30 opening range also quite clear - you can have different setup with this M30 - be focus, keep quiet and wait for the setups {image} {image}
LOL. The W1 TF is essentially of NO VALUE at the present. In fact, it's not until you move down to the H8 is there anything to be interested in. But of course, you do something absurd like go all the way down to M30, trying to figure out what to do based on the first 30 minutes range. Thanks for more laughs!
To free Gazans of Hamas, use whatever it takes.
  • #131,524
  • May 3, 2022 7:47am May 3, 2022 7:47am
Quoting DrDave
{quote} LOL. The W1 TF is essentially of NO VALUE at the present. In fact, it's not until you move down to the H8 is there anything to be interested in. But of course, you do something absurd like go all the way down to M30, trying to figure out what to do based on the first 30 minutes range. Thanks for more laughs!
Do you SELL yet on the US markets?
To free Gazans of Hamas, use whatever it takes.
  • #131,525
  • May 3, 2022 8:20am May 3, 2022 8:20am
Quoting emmanuel7788
{quote} what is toxic? {image}
??????
That explain the low mentality found in many of your postings.
  • #131,526
  • May 3, 2022 9:16am May 3, 2022 9:16am
Quoting DrDave
{quote} Do you SELL yet on the US markets?
Hmmm. Let's see how that worked out selling.

in: 33077.1
out: 32950.0

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To free Gazans of Hamas, use whatever it takes.
  • #131,527
  • May 3, 2022 9:40am May 3, 2022 9:40am
OK, to answer your question (you know who you are), here is yet another example of an IMT indicator that mirrors the TDI except it is not an oscillator but is open ended. As I have said many times, many, many common indicators can be adjusted to display essentially the same thing.

You can see how close the red cross green is as well as red and green crossing 0 in the upper window and red and green crossing 50 in lower window.
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To free Gazans of Hamas, use whatever it takes.
  • #131,528
  • May 3, 2022 9:45am May 3, 2022 9:45am
Quoting DrDave
{quote} Hmmm. Let's see how that worked out selling. in: 33077.1 out: 32950.0 {image}
You were just lucky!!!!!

Nobody can trade like that except Vincent.
  • #131,529
  • May 3, 2022 11:09am May 3, 2022 11:09am
Careful Snake, you have to live in the past to get that 10%.
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  • #131,530
  • May 3, 2022 11:22am May 3, 2022 11:22am
Quoting Tekkies
Careful Snake, you have to live in the past to get that 10%.
Attached Image
Yes, it does raise questions as to why Vincent has to keep referring to OLD results from as far back as 5 years ago when according to the tabs on the image, there are results for 2021 and 2022. Two obvious answers come to mind: 1. The results after 2019 are even worse than before that; 2. there are no results because he has mainly fake trades.
To free Gazans of Hamas, use whatever it takes.
  • #131,531
  • May 3, 2022 11:25am May 3, 2022 11:25am
Quoting snakecharmer
{quote} Definitely considering it now, but...win rate has to be spot on with 10 pips a trade... otherwise 40 pip loss is all you need twice the other way.
Unless MT4 is upside down on how points a pip is, 10 pips really does not seem a lot.
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  • #131,532
  • May 3, 2022 11:33am May 3, 2022 11:33am
Quoting Tekkies
{quote} You were just lucky!!!!! Nobody can trade like that except Vincent.
But you can see that it is not QUITE like Vincent trades, because when it went into drawdown, I did not add on more short positions and drive the trade even further negative to "build a position" and then enter "Hope&Pray" mode that price will come back like Vincent does. LOL.

Do you think that he sold when I asked the question? Really, this was a a risky COUNTER-TREND trade to the H8. Even the H1 was starting to return up, so I had to go all the way down to M1 to see how the move progressed to the entry.
To free Gazans of Hamas, use whatever it takes.
  • #131,533
  • May 3, 2022 11:34am May 3, 2022 11:34am
Guys you are funny, you are taking my focus off the charts
I am trying to see if this system can work for me based on the original rules.
Stay tuned for some more emotional damage tomorrow I will be posting two charts per trade one for entry one for exit.
  • #131,534
  • May 3, 2022 11:38am May 3, 2022 11:38am
Quoting Tekkies
{quote} Unless MT4 is upside down on how points a pip is, 10 pips really does not seem a lot. {image}
But a lot of pips are not required if the lot size is large enough.

Anyway, when an H1 TF has ATR running about 20 pips for most of a swing, how hard do you think it would be to hit a 10 pip TP before hitting a 20 pip (or even 10 pip) SL?
To free Gazans of Hamas, use whatever it takes.
  • #131,535
  • May 3, 2022 11:41am May 3, 2022 11:41am
Quoting snakecharmer
Guys you are funny, you are taking my focus off the charts I am trying to see if this system can work for me based on the original rules. Stay tuned for some more emotional damage tomorrow I will be posting two charts per trade one for entry one for exit.
Guys you are funny, you are taking my focus off the charts

It has been well established for several years now that this is the thread to visit for daily laughs, not for worthwhile trading discussions. Sure, there are a few posts with some worthwhile trading content, but few people are willing to wade through the other posts to try to find them.

Of course, you could be sure to read all of Tommydoginti's posts in the thread for some quick guidance.
To free Gazans of Hamas, use whatever it takes.
  • #131,536
  • May 3, 2022 11:44am May 3, 2022 11:44am
Quoting DrDave
{quote} Guys you are funny, you are taking my focus off the charts It has been well established for several years now that this is the thread to visit for daily laughs, not for worthwhile trading discussions. Sure, there are a few posts with some worthwhile trading content, but few people are willing to wade through the other posts to try to find them. Of course, you could be sure to read all of Tommydoginti's posts in the thread for some quick guidance.
Nothing wrong with having having a laugh that's for sure.
I will look into him right away.
Thanks
  • #131,537
  • May 3, 2022 11:59am May 3, 2022 11:59am
Quoting tommydoginti
{quote} Your trading is too complicated. I just entered as price made a higher low and TDI green cross up red. Maybe you should review your poor entries - buying as price make LH LL is definitely a poor analysis remember to cut loss fast {image}
Hi Tommy,
I hope you can give me some advice, I would like to ask you a couple of questions.
What do you mean here when you say "cut loss fast"?
And also...
Can I ask for some advice regarding exiting the trade?
Thank you.
  • #131,538
  • May 3, 2022 12:13pm May 3, 2022 12:13pm
Quoting snakecharmer
{quote} Hi Tommy, I hope you can give me some advice, I would like to ask you a couple of questions. What do you mean here when you say "cut loss fast"? And also... Can I ask for some advice regarding exiting the trade? Thank you.
What do you mean here when you say "cut loss fast"

He means don't let the move go very far negative before you kill the trade. That doesn't necessarily fit with your technical trading style though, because you made it clear that you prefer to set a SL and not intervene. But note that if you cut a trade that has gone a bit negative and price then turns around, no need to kick yourself; you can always make a new entry if the setup conditions are met.

tommy was commenting on Vincent's bad habit (system, whatever) that when a trade goes negative, he adds on MORE entries which, of course, drives the trade even further into the negative. Vincent claims that is is "building a position". LOL. He has posts that show his account was trashed more than once doing that.

This is one of the reasons that he can't get past a 65% success rate.

As for exiting, tommy also has comments about what he looks for. For example, before entering, he checks for recent swing high and swing low or consolidation that his winning trade could run into, so often sets TP close to that area.
To free Gazans of Hamas, use whatever it takes.
  • #131,539
  • May 3, 2022 12:26pm May 3, 2022 12:26pm
Quoting DrDave
{quote} What do you mean here when you say "cut loss fast" He means don't let the move go very far negative before you kill the trade. That doesn't necessarily fit with your technical trading style though, because you made it clear that you prefer to set a SL and not intervene. But note that if you cut a trade that has gone a bit negative and price then turns around, no need to kick yourself; you can always make a new entry if the setup conditions are met. tommy was commenting on Vincent's bad habit (system, whatever) that when a trade goes negative,...
How far would you cut your loss....A third negative? Half negative? would be good to know this from people who done it.
Market structure is definitely what I need to work on, identifying consolidation, s/r etc...
  • #131,540
  • May 3, 2022 12:47pm May 3, 2022 12:47pm
Quoting DrDave
{quote} But a lot of pips are not required if the lot size is large enough. Anyway, when an H1 TF has ATR running about 20 pips for most of a swing, how hard do you think it would be to hit a 10 pip TP before hitting a 20 pip (or even 10 pip) SL?
I don't need ATR to hit a 20 pip SL.
Price does it automatically for me.
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