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Trading Made Simple

Emma Ii learnt something from this post and I have saved it on my laptop for study,so dont stop posting things like this its really helping me to learn, God bless you and happy weekend
Quoting tommydoginti
{quote} Dude. We know you are mental. But wow I don't expect your intelligence level is also matching. I can see from your past performance, demonstrating how a HUGE Standard Deviation would turn out in an account performance {image}{image} You don't have consistency in trading. Develop your risk management and exercise discipline to stick to the rules. Keep standard deviation reasonably low Trade Well.
Hey Tommy, Vincent has made plenty of posts in this thread that demonstrate his low intelligence. His statement indicating that a standard deviation greater that $1000 is a good thing just adds to the evidence that he hasn't a clue.

Most likely he will stand behind that statement, just as he stands behind his statement where he wrongly claims repeatedly that there are no mistakes in this:
Quoting emmanuel7788_ToxicFakeTrader
TMS_V19 Q&As
TMS_V19 setting for HA Candlestick Trailing Stop
- trailing is previous 2 HA candles high
- minimum profit is 2 pips
- these settings will activate when price move +20pips
No matter, really, because today he let everyone know that he learns his mistakes, but does not learn FROM his mistakes: And stays firmly down in his FailurePit despite 30 years of trying to escape from it.
The markets are speaking to you. Do you know their language? I M T
Quoting Chenzo25
{quote} WOW! You're Still around?! Little poop stain just wont wash away. Still hating on @emmanuel7788 when he pretty much owns this thread. You never give up. Seriously, get a life or a boyfriend and move on
WOW Chenzo, you're Still around?!
Huge poop stain just wont wash away. Still hating on anyone that calls out your sugar daddy emmanuel7788 that usurped this thread and perverted it into something unrecognizable from BigE's 5-method, and fools newcomers into believing that his perversions have produced a winning system. You never give up. Seriously, get a life or maybe move in with your boyfriend emmauel7788 or just move on
The markets are speaking to you. Do you know their language? I M T
Quoting tommydoginti
{quote} Dude. We know you are mental. But wow I don't expect your intelligence level is also matching. I can see from your past performance, demonstrating how a HUGE Standard Deviation would turn out in an account performance {image}{image} You don't have consistency in trading. Develop your risk management and exercise discipline to stick to the rules. Keep standard deviation reasonably low Trade Well.

Alright guys, just leave Emmanuel alone, his mental issues are affecting him pretty seriously. My advice is to go out and enjoy life while still can.

Back to trading. Trading 101

Profit factor and standard deviation are two performance parameters.

profit factor is higher the better, it is direct correlation to expectancy.

standard deviation is volatility of trade outcome. It is best to keep it reasonable low based on your risk per trade.

when you have standard deviation that is high, that is likely you have big losses associated with low / negative profit factor.

The most important thing is the two values are more accurate as number of trade accumulated. It is best to keep track of it with track record.


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Eg #130,851
https://www.forexfactory.com/thread/...0#post13972950
Quoting tommydoginti
{quote} Alright guys, just leave Emmanuel alone, his mental issues are affecting him pretty seriously. My advice is to go out and enjoy life while still can. Back to trading. Trading 101 Profit factor and standard deviation are two performance parameters. profit factor is higher the better, it is direct correlation to expectancy. standard deviation is volatility of trade outcome. It is best to keep it reasonable low based on your risk per trade. when you have standard deviation that is high, that is likely you have big losses associated with low...

Short term PF can be unrealistic because of few data points.

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Quoting tommydoginti
{quote} Alright guys, just leave Emmanuel alone, his mental issues are affecting him pretty seriously. My advice is to go out and enjoy life while still can. Back to trading. Trading 101 Profit factor and standard deviation are two performance parameters. profit factor is higher the better, it is direct correlation to expectancy. standard deviation is volatility of trade outcome. It is best to keep it reasonable low based on your risk per trade. when you have standard deviation that is high, that is likely you have big losses associated with low...
hey TMS Folks

Alright guys, just leave @tommydog alone, his mental issues is rather serious and have affected his judgement seriously,
we have seen he posted many fake TMS trades in this thread. He is an expert in a lot of things including the use of photoshop editing tool to cut-and-paste MT4 trades objects on old charts to change losing trades to look like winning trades.
A normal person would simply explain why he posted fake trades on old charts. But @tommydog still thinks he can fool people that he is a profitable trader in s short time of less than 2 years.


It is weekend and we spend time with family and enjoy the great outdoors.

Have fun!

Examples of @tommydog posts with fake trades.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting tommydoginti
{quote} Alright guys, just leave Emmanuel alone, his mental issues are affecting him pretty seriously. My advice is to go out and enjoy life while still can. Back to trading. Trading 101 Profit factor and standard deviation are two performance parameters. profit factor is higher the better, it is direct correlation to expectancy. standard deviation is volatility of trade outcome. It is best to keep it reasonable low based on your risk per trade. when you have standard deviation that is high, that is likely you have big losses associated with low...

LOL @tommydog

Back to trading. Trading 101

Profit factor and standard deviation are two performance parameters.
> PF and SD are just two system performance parameters and there are many more to consider the overall system performance

profit factor is higher the better, it is direct correlation to expectancy.
> True, a profitable trading systems must show positive PF and increasing progressively.

standard deviation is volatility of trade outcome. It is best to keep it reasonable low based on your risk per trade.
> Correct. SD is the volatility from a certain mean. A reasonable low value does not necessary mean a good system performance over a large number of trades closed. I said a SD of > $1000 is a good thing. A small SD of $100. is also a good thing. You have to look at the trades closed and the overall account size and the Position Size of all trades.

when you have standard deviation that is high, that is likely you have big losses associated with low / negative profit factor.
> This is not accurate to say high SD reflect big losses. I see a PF of 6.4 and SD $1200 is a growing account.

The most important thing is the two values are more accurate as number of trade accumulated. It is best to keep track of it with track record.
> There are more system performance parameters to consider other than PF and SD, and it is good to define a longer trading period to see a true system performance. Big E' TMS has less than 3 years trading history in this thread. He did not show any statistics between 2009 and 2011. People assume based on that short 3 years and his claims.
Therefore for a start, I used a 3 years trading cycle and then analyze the trading system performance progressively every 20-trading days during a 3 year cycle. A few profitable weeks does not prove a winning system.

stay tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
{quote} LOL @tommydog Back to trading. Trading 101 Profit factor and standard deviation are two performance parameters. > PF and SD are just two system performance parameters and there are many more to consider the overall system performance profit factor is higher the better, it is direct correlation to expectancy. > True, a profitable trading systems must show positive PF and increasing progressively. standard deviation is volatility of trade outcome. It is best to keep it reasonable low based on your risk per trade. > Correct. SD is the volatility...

you are correct, a few trades with profit factor of 6 or 244 do not reflect the long term performance


you have blown accounts recently and started another account just this Friday, trading for 1 day with profit factor of 6 does not mean anything.


Let’s see your profit factor after trading >1 year with the same account.

today is market close. I am heading off for free diving.
You too, go out and get a life, this is good for your OCD and schizophrenia. I will share some photos when you are still stuck in front of your pc on holidays.

have a nice weekend

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Quoting tommydoginti
{quote} you are correct, a few trades with profit factor of 6 or 244 do not reflect the long term performance you have blown accounts recently and started another account just this Friday, trading for 1 day with profit factor of 6 does not mean anything. Let’s see your profit factor after trading >1 year with the same account. today is market close. I am heading off for free diving. You too, go out and get a life, this is good for your OCD and schizophrenia. I will share some photos when you are still stuck in front of your pc on holidays. have...

LOL. @tommydog


first, you post many fake trades in a dead OP' thread. what caused you to do that?
I know people cheat, steal, lie, etc. because of bipolar disorder. Better have a medical check next week.
it only can be your fast deteriorating mental conditions that makes you think and write such post. you are the same psycho like your buddy @Fake'Dr'Dave.
both of you fit in the same asylum.

enjoy your dives today.

take care!

there's enough room for one more like you.
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Quoting tommydoginti
{quote} you are correct, a few trades with profit factor of 6 or 244 do not reflect the long term performance you have blown accounts recently and started another account just this Friday, trading for 1 day with profit factor of 6 does not mean anything. Let’s see your profit factor after trading >1 year with the same account. today is market close. I am heading off for free diving. You too, go out and get a life, this is good for your OCD and schizophrenia. I will share some photos when you are still stuck in front of your pc on holidays. have...
@tommydog : "Let’s see your profit factor after trading >1 year with the same account. today is market close"

LOL. I can already show you my PF> 6.0 and SD> $1000 example as of Friday New York Close 5pm Jun24

But better wait till 24/36 when I close end Sep 2022.
Be patient as I have another quarter to meet my personal system trading goal.

it is running 21st month in my TMS MEME EVO 2020/2021/2022 3-year-trading cycle.



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
Trading Made Simple semi-auto Expert Advisor
I am happy to share with you the results of my TMS MEME expert advisor which I have adapted to trade US Indices.
Forward tested live this week from Jun 14 to 17
More forward testing next week until the month-end June 30... just to see confirm 99.999% error free coding logic ... "five-nines"
I will release more good news soon!
Any volunteers to do more live testing?

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{image} Stay Tuned!

Trading Made Simple semi-auto Expert Advisor Update: Jun 25

- this is second week forward testing Jun 20 to 24
- so far the EA is running very stable and no bugs encountered this week, but had to resolve the price re-quotes and widen spread
- handling of broker re-quotes worked well during volatile periods
- another week forward-testing till Jun30

thanks for the many PMs of members wanting to volunteer to test this new EA.
so far, I have a few of my regular trading buddies to help me out now. they have been trading TMS MEME for years since 2015.

June 14 to June 24 NY Close
> note the number of trades seems high and it is because of multiple entries in one basket of 5 positions.
> the average is 3.5 positions per basket
> the average win rate per basket is 60:40, this mean when there is an open basket with 5 open positions, 3 will be winners and 2 losers using individual Position Sizing per position and the baskets.


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting Enagy
Emma Ii learnt something from this post and I have saved it on my laptop for study,so dont stop posting things like this its really helping me to learn, God bless you and happy weekend

which post?

is this the recent post: #131,845

«
well, after more than 10 years following this thread and all the traders who came and gone,

my conclusion is still the same:

  1. Too much time is being spent on TDI and Stochastics,
  2. Too little time on Price Action and Support/Resistance.
  3. And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run.
  4. You need to find your WINNING EDGE and the TDI is not in the winning edge equation.

≈

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Hey TMS Folks

Do you know what happened in this same Week 25 ... 7 years ago?

Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • Post #132,434
  • Quote
  • Edited Jun 25, 9:32am Jun 25, 8:53am (32 hr ago) | Edited Jun 25, 9:32am
Quoting emmanuel7788
Hey TMS Folks Do you know what happened in this same Week 25 ... 7 years ago? Stay Tuned!
Hey Folks

Do you know what happened in this same Week 25 ... 1 year ago?

Stay Tuned!
The markets are speaking to you. Do you know their language? I M T
  • Post #132,435
  • Quote
  • Edited Jun 25, 9:32am Jun 25, 8:53am (32 hr ago) | Edited Jun 25, 9:32am
Quoting emmanuel7788
Hey TMS Folks Do you know what happened in this same Week 25 ... 7 years ago? Stay Tuned!
Hey Folks

Do you know what happened in this same Week 25 ... 100 years ago?

Stay Tuned!
The markets are speaking to you. Do you know their language? I M T
  • Post #132,436
  • Quote
  • Edited Jun 25, 9:31am Jun 25, 8:54am (32 hr ago) | Edited Jun 25, 9:31am
Quoting emmanuel7788
Hey TMS Folks Do you know what happened in this same Week 25 ... 7 years ago? Stay Tuned!
Hey Folks

Do you know what will happen in this same Week 25 ... 1 year from now?

Stay Tuned!
The markets are speaking to you. Do you know their language? I M T
Hi again. Very glad to be here with the experienced and successful traders despite arguments tossed around on here

I am still a work in progress. Here is kind of what I came up with and let me know should I get a new thread cuz I don't want to permutate what has been handed down but at same time trying to do what's best for my trading but I think this is where the people are who trade the Big E method.

So after analyzing my trades this week I have this plan for entries and exits and only trading H4

Entry - green HA, decent candle size, close above 5EMA, Dark green Waddah Attar explosion (from TV, helps me confirm), >>>then zoom into TDI and see angle of cross, steepness of cross, I generally see 12 noon as high probability, sometimes also green and red already crossed but 12 noon direction present in both colors but super important is the actual cross and steepness vice versa for short. I have to wait until that candle complete close and try to enter as quickly as possible after analysis. Chop conditions loses me trades despite following these rules.

I am going to restrain my exit to attempt to not take trade off until I see opposing signals i.e. red HA, close below 5ema, TDI cross also I have the REX on my chart for exit which NNFX mentions for exit indicator.

Also going to check line chart on H4 for trend bias, possible keep a notebook paper with pairs with obvious bias, and trade in that direction for better results. Would consider a reversal trade after M/W formation in line chart as well. This I could do at start of week preparation.

risk will remain at 40 pips and this is where I will be paying attention, do I get reversal signs before or after that 40 pip SL that make it obvious the trade is wrong? or not?

Any input is appreciated,

I signed on with my myfxbook, it was simple just a few clicks to attach my Oanda TV account, it will take quite a bit to turn this ship around I see

Thanks in advance
The post where you talked about inside bar before the last post you posted that I commented on, that post refreshed my brain so dont stop posting,your post is very useful to many but they may not talk about it
Quoting kenergy1
Hi again. Very glad to be here with the experienced and successful traders despite arguments tossed around on here I am still a work in progress. Here is kind of what I came up with and let me know should I get a new thread cuz I don't want to permutate what has been handed down but at same time trying to do what's best for my trading but I think this is where the people are who trade the Big E method. So after analyzing my trades this week I have this plan for entries and exits and only trading H4 Entry - green HA, decent candle size, close above...
Would love to see some charts from you, either here or as a new thread.

Cheers!
Quoting Enagy
The post where you talked about inside bar before the last post you posted that I commented on, that post refreshed my brain so dont stop posting,your post is very useful to many but they may not talk about it
hi Enagy

you can simply click the “Quote icon to reply any post and make it easier to discuss any old post

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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