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Highest Open / Lowest Open Trade

  • #16,681
  • Jun 18, 2022 11:46pm Jun 18, 2022 11:46pm
Quoting TooSlow
{quote} You received feedback. You decided to be defensive. If none of your "students" are learning, it is their fault? Engage people where they are at, on their level rather than communicating in a condescending manner. Emotional intelligence (otherwise known as emotional quotient or EQ) is the ability to understand, use, and manage your own emotions in positive ways to relieve stress, communicate effectively, empathize with others, overcome challenges and defuse conflict.



All I can say here is this - Real Life is nothing like any textbook. Nor is any website. I have found that people who try and twist things by changing it into the blame/fault laying game are themselves, lacking an understanding of something basic. I did not (And never did) say it's someone's fault, I said it is their personal responsibility. This is one problem all here need to face. If you are unaware of the basics then showing a chart is pointless.

Blame. Personal responsibility.

I have written a post that will help you learn instead of defacing your thread.

https://www.forexfactory.com/thread/...4#post14037684

I do not blame people for being ignorant of something. I will again say they are 100% responsible for never seeking out a way to learn and understand.


Peter
Real Trading is not gambling.
  • #16,682
  • Edited 11:59pm Jun 18, 2022 11:49pm | Edited 11:59pm
So there is no need for me being defensive or avoiding the question or making excuses. Ignorance is a choice not a regulation, law or prerequisite.


Thinking precedes doing. Doing precedes reaction vs response. People these days do not need to address the imitation, they need to address the thinking. Always has been and will be.

Real Life does not usually give it to you "in order/sequence" so you need to be a detective instead of a lemming.

Peter
Real Trading is not gambling.
  • #16,683
  • Jun 19, 2022 4:41am Jun 19, 2022 4:41am
Quoting PeterCaleb
So there is no need for me being defensive or avoiding the question or making excuses. Ignorance is a choice not a regulation, law or prerequisite. Thinking precedes doing. Doing precedes reaction vs response. People these days do not need to address the imitation, they need to address the thinking. Always has been and will be. Real Life does not usually give it to you "in order/sequence" so you need to be a detective instead of a lemming. Peter
Dont you have anything better to do?
  • #16,684
  • Jun 19, 2022 10:36am Jun 19, 2022 10:36am
Quoting FundedCoffee
{quote} Dont you have anything better to do?
My mistake was to assume someone who possesses knowledge and skill also has the ability and desire to teach and communicate clearly. That is not always the case.

Let's give the benefit of the doubt and assume they are trying their hardest, doing their best and have good intentions.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #16,685
  • Jun 19, 2022 8:34pm Jun 19, 2022 8:34pm
Quoting FundedCoffee
{quote} Dont you have anything better to do?


Well it's interesting because what I am finding is people are basically the same offline as they are online....

It's either "Oh you're trolling" AKA "I don't like what you're saying! or

"I don't believe you!" AKA "I don't have the backbone to admit I have no idea what you're talking about!"

Of course people say other things but it's usually the same overall.


Peter
Real Trading is not gambling.
  • #16,686
  • Jun 19, 2022 9:43pm Jun 19, 2022 9:43pm
Quoting TooSlow
{quote} My mistake was to assume someone who possesses knowledge and skill also has the ability and desire to teach and communicate clearly. That is not always the case. Let's give the benefit of the doubt and assume they are trying their hardest, doing their best and have good intentions.


I can say it in A+B+C+D fashion. I tried that. And to no avail.

Too Slow. Let's get really real here. Like so many threads or conversations or whatever you want to call them on here, they begin, they serve their purpose then they falter, they wain and then they go past their expiry date. Out of well over 200 or more people who have contacted me for help, there is a resounding theme - no information or technique or structural training or "teaching" will replace healthy thinking.

If a person wants a "course" then go pay some douche to take your money. The problem is - what should only take someone reasonably prepared (mentally and emotionally) a few hours to look at, make notes on and then place in practice a strategy seems to resemble more like a bunch of gossiping women sitting around a table at Starbucks drinking coffee and talking about the same things over and over and OVER again. That's not learning, it's just entertainment.

After me saying this a person has two options - react based on your assumption that I'm being disrespectful and rude OR, choose to go the other way and choose to follow the OTHER assumption ..... that what I said is real and true and you need to understand why.

The difference = Child of the world vs Adult in the world. This is basic Human Psyche 101. One is the ball in a pin ball machine and the other is the ball, the observer AND the machine in action.

My suggestion - Genuinely spend some time wrapping your head around that.

Oooor, go back to your charts and pretend the big world out there simply doesn't exist.


From day 1 being on this site, I have seen people revered, "followed" and praised for knowing the most ridiculous things, the most simple and basic things.

I don't comply with social media and the status quo because you cannot learn anything doing anything that way.

The basics are not complicated - there's YOU, the "trader" and then there's "the outside world".

I could easily teach someone but most are not worthy of teaching because their motives are screwed up and backwards. AND want to argue that "that's not true" and "oh there's nothing wrong with me!" Hehehehe. People are shameless about the lies they tell.

Everything I wrote or write about is not for fake traders or people 'kicking the tyres' with trading. Nor for socialites. It is for a person who sees how sick the "crowd" is and chooses to keep their distance and genuinely learn something. And it only happens through independent research and personal introduction to knowledge. NOT via any kind of conveyor belt approach.

Unfortunately as I have found so many times, people want something without earning it. People right here for eg, have a big problem even recognizing the order of layered learning and thinking. AND want to argue and make up crap to cover up their "situation". A person doesn't continue to eat the poison unless they believe they will "get something" in return.

There is knowledge that predates the "internet revolution" re: trading.

So I choose to let each person judge themselves FOR themselves. A far better way to determine who will learn and who wants without doing.

DOING. Not forum stuff and "chit chat".

If I said to you, Too Slow, stop everything you're doing re: trading and clear your schedule. Now go and spend the next 11 out of 12 months doing nothing but research and seeking to create a real life blueprint of the world markets, their asset classes, the money system, the derivative system and the brokerage industry ..... would you do it? Or, would you falter and be weak willed and give in to that urge to "make money"? If after the 11 months you returned with your best efforts shown in your blueprint, then you have shown that you are willing to begin the learning process. To will yourself out of bed to do it. To use your will to be motivated inline with a genuine interest in learning.

It's funny when one strips away all the worldly bullshit (Re: personal / professional / spiritual developments) and you just lay it all out like that.

So what is the point in going any further when the "student" refuses to even see and acknowledge that the learning process has ALREADY begun AND THEN wants to refute anything put in front of them?

This is why I started the threads I have.

So you see (hopefully by now) .... "classical" classroom teaching simply does not work for the real world.

Every time 100 people tell me "I can't teach" or "I'm full of BS" or some other thing, is proof that they are assuming "I" am the knowledge. That "I" am the gatekeeper. A good excuse but it wears thin after some time passes.

In this very post are the basics. Learn or don't learn. It's you life.

Trading is an activity. If you do not put it in its appropriate context/place, then it consumes you.

Seek to learn not to get or gain. That is one surefire trick to trading and the one lesson most people fail to learn because they're "too busy" with the outer layers eg charts, indicators, EA's, fake or real accounts and on and on it goes.

In simple terms, the way "you want it delivered" should have no bearing on and carry no weight towards your own learning UNLESS there is another reason.

I know I am not "perfect" and it is because of that NOT in lieu of it (As some feeling of guilt or misconception about myself) , that I can appreciate the learning process. These two things are sometimes independent of each other for long enough to see the option to learn.

Ultimately, that's the difference between classroom learning and real world learning.


Peter
Real Trading is not gambling.
  • #16,687
  • Jun 19, 2022 11:58pm Jun 19, 2022 11:58pm
amém
  • #16,688
  • Jun 20, 2022 12:08am Jun 20, 2022 12:08am
Quoting PeterCaleb
{quote} ...I could easily teach someone but most are not worthy of teaching because their motives are screwed up and backwards..
That says it all about you, Peter.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #16,689
  • Jun 20, 2022 1:11am Jun 20, 2022 1:11am
Quoting TooSlow
{quote} That says it all about you, Peter.


Indeed it does. I am simply not afraid to put in print what really is happening in specific areas. You can think whatever you want about me, that will never change particular things. Classroom teachers hand over textbooks but real life sometimes gives you the answer before you've asked the question. And so, the HOLO strategy is a good one and works well, in the right hands.

What you quoted is not my personal judgment, it's merely a sandpaper reality check. We all have opinions, but sometimes Life asks us to grow up.


Peter
Real Trading is not gambling.
  • #16,690
  • Jun 20, 2022 4:09am Jun 20, 2022 4:09am
USDJPY TS +13
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  • #16,691
  • Jun 20, 2022 4:54am Jun 20, 2022 4:54am
Quoting PeterCaleb
{quote} Well it's interesting because what I am finding is people are basically the same offline as they are online.... It's either "Oh you're trolling" AKA "I don't like what you're saying! or "I don't believe you!" AKA "I don't have the backbone to admit I have no idea what you're talking about!" Of course people say other things but it's usually the same overall. Peter
Why are you quoting me while writing about something that has nothing to do with my question?

I wondered if you have nothing better to do in your life than being on this forum 24/7 writing in every thread you can find.

You are right though. You dont have to answer.

Quote
but real life sometimes gives you the answer before you've asked the question
  • #16,692
  • Jun 20, 2022 7:09am Jun 20, 2022 7:09am
Quoting nonibadsha
USDJPY TS +13 {image}
@nonibadsha, are we copying signals or what? I got 16 pips out of it, manual SL.
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  • #16,693
  • Jun 20, 2022 7:22am Jun 20, 2022 7:22am
Quoting lbtrader
{quote} @nonibadsha, are we copying signals or what? I got 16 pips out of it, manual SL.{image}
Its bound to happen.. right
Confirmation of the trades from TS, you and rest are a confidence booster.
  • #16,694
  • Jun 20, 2022 7:25am Jun 20, 2022 7:25am
Quoting nonibadsha
{quote} Its bound to happen.. right Confirmation of the trades from TS, you and rest are a confidence booster.
great mate. keep it up.
  • #16,695
  • Jun 20, 2022 7:40am Jun 20, 2022 7:40am
Quoting FundedCoffee
{quote} Why are you quoting me while writing about something that has nothing to do with my question? I wondered if you have nothing better to do in your life than being on this forum 24/7 writing in every thread you can find. You are right though. You dont have to answer. {quote}



I merely go where the breeze takes me.

I think you need to work on your ability to being accurate in what you say. Many things I say and talk about are what other people I know have been thinking or saying to me in real life. I don't particularly care whose feathers it ruffles. I don't at all like private agendas and everything I write is for the real person who can still think. People who just want to be a clone of someone else always have silly things to say. Don't they Fundedcoffee.

Ciao


Peter
Real Trading is not gambling.
  • #16,696
  • Jun 20, 2022 7:47am Jun 20, 2022 7:47am
GBPJPY SL +1
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  • #16,697
  • Jun 20, 2022 8:20am Jun 20, 2022 8:20am
GBPCAD TS +15
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  • #16,698
  • Jun 20, 2022 8:45am Jun 20, 2022 8:45am
Quoting PeterCaleb
{quote} I merely go where the breeze takes me. I think you need to work on your ability to being accurate in what you say. Many things I say and talk about are what other people I know have been thinking or saying to me in real life. I don't particularly care whose feathers it ruffles. I don't at all like private agendas and everything I write is for the real person who can still think. People who just want to be a clone of someone else always have silly things to say. Don't they Fundedcoffee. Ciao Peter
"Tiny Thought

Humans are animals. The word “animal” is important because animals are biologically wired to be hierarchical. I believe that we often unconsciously rearrange the world into arbitrary hierarchies to make sense of the world, maintain our beliefs, and feel better.
My first memory of doing this was working in a grocery store when I was 16. One particular regular customer would come into the store and treat everyone who worked there poorly. He’d drive up in his fancy car, park it illegally outside, and run in to get something. He'd rudely comment and raise his voice telling everyone to hurry up. One day when he was waiting in my line he told me to “hurry the F* up because this Rolex doesn’t pay for itself.” I’ll leave my reply out but let’s just say that was my last shift.

He organized his unconscious hierarchy by money and status. Those were the ways he kept the score to come out on top. He wasn't the only one that did this. We all do this all the time. In fact, we do it several times a day. We constantly organize the world in a way that lets us come out on top.
I remember walking home that night thinking that while I might not have a job, at least I wasn't like him. And at that moment I rearranged the world in such a way that I, the unemployed high school student without a job, car, or Rolex, came out on top. Changing the reference point made me feel better.
Rearranging the world wasn’t conscious and neither was my reaction. What I said is less important than the fact that I said it without thinking. I reacted without reasoning, just like an animal.

Once you see this idea, you can’t unsee it. It’s everywhere. You see it politically on the left and right, in food choices, and possessions. You see it in the books you buy, trips you take, and subtle words people use when gossiping. You see it in values, education, and houses.
While we don’t always need to come out on top, we often organize the world in a way where we are always better than someone else. When someone infringes on our unconscious sense of hierarchy it triggers an instinctive, animal-like, response."

- farnamstreetblog
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #16,699
  • Jun 20, 2022 11:18am Jun 20, 2022 11:18am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #16,700
  • Jun 20, 2022 11:32am Jun 20, 2022 11:32am
Quoting TooSlow
{quote} {image} 1-2-3 was posted before HOLO because it only has 3 rules. The wait times can be brutal. 1-2-3 only happens after a breakout. HOLO can happen anytime.
What is the actual difference?
If by the rules we should avoid trades where a H1 bar has made a new high/low and then wait for the next H1 bar before we can enter from the AOI, then does this not become a 1-2-3 trade? What makes HOLO unique. Would really appreciate something with an example. Thanks.
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