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  • #5,241
  • Dec 15, 2022 9:53pm Dec 15, 2022 9:53pm
Quoting bilal1947
https://www.worldcupchampionships.co...ship-standings {image} Episode - 020: Larry Williams: Tips and Insights from 50 Years of Trading https://youtu.be/AnEfV0S2KTY?t=2232
Thanks for the vid link B ! Larry is a legend to say the least.

Funny you posted the Robbins World Cup Championship results....

I see such HYPE on social media of huge returns etc...Twitter is a good one of late with a particular fella LOL...touting 7% a week for 77 weeks is easy LOL.

I think to myself when I see that Hype... How about put that 10k into Robbins cup and show the world how good you are lol... I know I can make absolutely
mind boggling gains short term as Ive done it a number of times..But over the long haul I havent been able to sustain Larry returns lol..

Anyhow I just cant help to think of Larrys phenomenal returns that year...Ive actually got all his trades he took somewhere in a folder along with some real gems of info he shared with some close personal students...which one of my old friends was personally as In Person mentored by Larry. (seasonal stuff)

Anyways to all the Big Balled Punters touting incredible returns....Sign up for the Robbins world cup...You will of course win it...And the private funds that will flow to you will be more than you can imagine...LOL... Funny how NONE put their money where there mouth is

All the best to you B

Blue
Master your Mind,,,Master the Market
  • #5,242
  • Dec 17, 2022 5:54am Dec 17, 2022 5:54am
Quoting bluesteele
{quote} Thanks for the vid link B ! Larry is a legend to say the least. Funny you posted the Robbins World Cup Championship results.... I see such HYPE on social media of huge returns etc...Twitter is a good one of late with a particular fella LOL...touting 7% a week for 77 weeks is easy LOL. I think to myself when I see that Hype... How about put that 10k into Robbins cup and show the world how good you are lol... I know I can make absolutely mind boggling gains short term as Ive done it a number of times..But over the long haul I havent been able...
What Larry Williams did it was not a straight curve, as per below interview of his friend Ralph his Draw down was 90% but he survived

Inserted Video



and look at tom Hougaard he turns 5k to 186k in three months time that some 3,620% wow.

Below his post from his TG channel

FROM £5,000 to £186,000

I did a speech in Denmark earlier this year. After the talk I got talking with a man from the audience about trading size. He argued that it was easier to make money if you had money. I agreed with him. When you have money, it seems opportunities come to grow your money, as opposed to living from paycheque to paycheque.

He argued that my success as a trader though was the result of having a larger account. Naturally I argued that I didn’t always have a large account. I also argued that if I had a small account, my “process” would be the same. I would follow my daily routine, and I would be patient, focusing on applying my process, such as School Run Strategy, Double Tops, and my favourite entry technique which I call “laddering”. I will not have time to talk about either, but I will discuss all of it at length when I publish my report on the account progress.

Essentially we were at an impasse, the audience member and I, and I felt myself wanting to prove to him and to myself that I could do it. The audience member brought up the conversation again in July and we agreed that it had to come down to a challenge. Could I grow a small account into a big account?

Challenge accepted.

On the 9th August I deposited £5,000 with TD365.com. I have attached a screenshot from my bank deposit. I don’t know why I deposited it at that time because I was about to go on holiday and I didn’t actually trade the account until late August.

My first trade was a short position in FTSE in £25 a point, with a 30 point stop loss. I quickly added another £25 the day after, and the trade ran for 3 days. When I closed it, I had doubled my account. I have copied in the first trade.

My intention is to go through all the major essential trades over the last 2 months. Today the account stands at £186,000. I am not too sharp on percentages, but I think it makes for a decent return.

Now I will enjoy my holiday. I hope to see you Monday. Have a wonderful weekend.

Tom Hougaard "
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"Exchange of hands"
  • #5,243
  • Edited 4:40pm Dec 17, 2022 3:27pm | Edited 4:40pm
Quoting bilal1947
{quote} What Larry Williams did it was not a straight curve, as per below interview of his friend Ralph his Draw down was 90% but he survived https://youtu.be/7b2BJtQBWBY and look at tom Hougaard he turns 5k to 186k in three months time that some 3,620% wow. Below his post from his TG channel FROM £5,000 to £186,000 I did a speech in Denmark earlier this year. After the talk I got talking with a man from the audience about trading size. He argued that it was easier to make money if you had money. I agreed with him. When you...
Hi Bilal....
Very true ! Larry had his moments and one could argue that it was luck..but then his daughter repeated his performance....

I guess what I was getting at..is a somebody on twitter talking about getting a whole gang of traders/followers to do "X" which amounts to a 10,000% return... Hype IMO as it's one thing to do on an individual basis but hyping a whole bunch of people to make 10,000% is wrong IMO...

Even with hard set rules individual execution is never the same as we all deal with our own inner voices..our own psychology. Which is where Trader Tom excels in helping traders with mindset

I watched everyday his 5k account stats when he would post it (it is now over 200k) Let alone 100k from the start of Jan to over 2+++million the other day to close out the year.
Amazing eh ! He's a stud for sure in the trading arena.

You might recall I posted a chart of the ES tapping 4180 last week... I made that call privately to Tom end of November.. I only say this as it was Toms teachings that helped me be able to do that...Lots to learn from Tom and with that he just published his School Run strategy yesterday... Although I have downloaded I haven't looked at it yet... I Am sure there is a few nuggets of gold in their to adapt to our own methods.

Cheers
Blue
Master your Mind,,,Master the Market
  • #5,244
  • Dec 18, 2022 4:26pm Dec 18, 2022 4:26pm
Quoting bluesteele
{quote} Hi Bilal.... Very true ! Larry had his moments and one could argue that it was luck..but then his daughter repeated his performance.... I guess what I was getting at..is a somebody on twitter talking about getting a whole gang of traders/followers to do "X" which amounts to a 10,000% return... Hype IMO as it's one thing to do on an individual basis but hyping a whole bunch of people to make 10,000% is wrong IMO... Even with hard set rules individual execution is never the same as we all deal with our own inner voices..our own psychology....
I looked on his site but couldn't find it ?
every Saint has a past. Every Sinner has a Future
  • #5,245
  • Dec 18, 2022 4:44pm Dec 18, 2022 4:44pm
Quoting turnip15
{quote} I looked on his site but couldn't find it ?
Hey T... What are you looking for ? Something from Larry W ?
Master your Mind,,,Master the Market
  • #5,246
  • Dec 18, 2022 5:09pm Dec 18, 2022 5:09pm
Quoting bluesteele
{quote} Hey T... What are you looking for ? Something from Larry W ?
"School run" by Tom -or did I misread your post ?

"Lots to learn from Tom and with that he just published his School Run strategy yesterday."
every Saint has a past. Every Sinner has a Future
  • #5,247
  • Dec 20, 2022 7:05am Dec 20, 2022 7:05am
Quoting bluesteele
{quote} Hi Bilal.... Very true ! Larry had his moments and one could argue that it was luck..but then his daughter repeated his performance.... I guess what I was getting at..is a somebody on twitter talking about getting a whole gang of traders/followers to do "X" which amounts to a 10,000% return... Hype IMO as it's one thing to do on an individual basis but hyping a whole bunch of people to make 10,000% is wrong IMO... Even with hard set rules individual execution is never the same as we all deal with our own inner voices..our own psychology....
Hi Kevin

Well for Larry it was luck or not but her daughter should have made more than 1000% since Tom Hougaard had made 3k+ % even better than the trading champions.

hyping a whole bunch of people to make 10,000% is wrong:
100% - Spot on as GREED to do miracles will eat anyone in this business slow and kind of trying to be steady only survives.

yes i watch his School bus strategy where in the intro he share the milestone of 5k to 200k it is super amazing how he did that, perhaps the only guy who do it live and seeing his excel of trades with link to telegram shows his genuineness and dedication hope we can learn from him too.

just by chance i open the November full months statement where he did 122K in full month but noticed how the first week went -50k - suppose if i had 100k i would be down 50%, that is not the case in October perhaps i cheery picked unintentionally from best losers win.
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Perhaps what it's boiled down to the number of available chances one have to trade, the more the chance the greater the chances to survive.

Best regards
bilal
"Exchange of hands"
  • #5,248
  • Dec 20, 2022 7:27am Dec 20, 2022 7:27am
Quoting bilal1947
{quote} Hi Kevin Well for Larry it was luck or not but her daughter should have made more than 1000% since Tom Hougaard had made 3k+ % even better than the trading champions. hyping a whole bunch of people to make 10,000% is wrong: 100% - Spot on as GREED to do miracles will eat anyone in this business slow and kind of trying to be steady only survives. yes i watch his School bus strategy where in the intro he share the milestone of 5k to 200k it is super amazing how he did that, perhaps the only guy who do it live and seeing his excel of...
No cherry picking on his part. All his trades are shown hence you're being able to pick those you have posted. What must be clear though is that he does not over trade ( he manages his risk). What is dangerous is if new people try to achieve his level of professionalism in a short space of time. It won't happen - Tom has years of experience and money behind him. We can learn from him but only at our individual pace within our financial means. Demo might be a good place to try and emulate Toms approach to trading.
every Saint has a past. Every Sinner has a Future
  • #5,249
  • Edited 8:09am Dec 20, 2022 7:56am | Edited 8:09am
Quoting bilal1947
{quote} What Larry Williams did it was not a straight curve, as per below interview of his friend Ralph his Draw down was 90% but he survived https://youtu.be/7b2BJtQBWBY and look at tom Hougaard he turns 5k to 186k in three months time that some 3,620% wow. Below his post from his TG channel FROM £5,000 to £186,000 I did a speech in Denmark earlier this year. After the talk I got talking with a man from the audience about trading size. He argued that it was easier to make money if you had money. I agreed with him. When you...
Tom works for so-called Bahamas recognised market maker company and does not hv to worry about losses. The broker does not pass the trades to any liquid provider. Tom plays the sport with no fear of losing money. Undoubtedly he shows the known tactis of scalping and any trader with that kind of mindset and efficiency, including you can use. If you can find a market maker as your financier there is nothing to lose.

Can he play the same way on Interactive Brokers platform? No IB is not going to finance him.

He is part of an orchestra or what you call a marketing campaign of a broker who offers no bid ask spreads , encourages scalping in a big way, collects crowds of GBP 1500 paying subscribers for a 3 day seminar. His orchestra consists of well known non trading Gurus.

Free videos and blogs generate leads of gullible traders who are happy to play with tight stop losses and 95 pc of them gladly do. Such is the power of subliminal advertising that focusses on a trader who can take big bets to imply he makes big money and that is more than ownin big villas, yachts etc.

Undoubtedly, Tom is a good writer and speaker. But he is not really making big money .
Practice makes a person perfect
  • #5,250
  • Dec 20, 2022 8:34am Dec 20, 2022 8:34am
Quoting turnip15
{quote} No cherry picking on his part. All his trades are shown hence you're being able to pick those you have posted. What must be clear though is that he does not over trade ( he manages his risk). What is dangerous is if new people try to achieve his level of professionalism in a short space of time. It won't happen - Tom has years of experience and money behind him. We can learn from him but only at our individual pace within our financial means. Demo might be a good place to try and emulate Toms approach to trading.
I didnt say he cheery picked, rather unintentially i chose the recent closed month i.e., Nov. and how it starts but to analyse and make it our own is what i was looking at not to discredit him.


Quoting simnz
{quote} Tom works for so-called Bahamas recognised market maker company and does not hv to worry about losses. The broker does not pass the trades to any liquid provider. Tom plays the sport with no fear of losing money. Undoubtedly he shows the known tactis of scalping and any trader with that kind of mindset and efficiency, including you can use. If you can find a market maker as your financier there is nothing to lose. Can he play the same way on Interactive Brokers platform? No IB is not going to finance him. He is part of an orchestra or what...
Seems you have studied him too, however, what matters to me most is what he says with reference to risk management is very right! he may not have the best strategy, but to build on positive positions and cut your losses this itself will build the psychology, pain tolerance and the right mindset.

so take what is beneficial.
"Exchange of hands"
  • #5,251
  • Dec 20, 2022 9:02am Dec 20, 2022 9:02am
Lesson # 11 Reference to COT

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"Exchange of hands"
  • #5,252
  • Dec 20, 2022 9:49am Dec 20, 2022 9:49am
Quoting bilal1947
{quote} I didnt say he cheery picked, rather unintentially i chose the recent closed month i.e., Nov. and how it starts but to analyse and make it our own is what i was looking at not to discredit him. {quote} Seems you have studied him too, however, what matters to me most is what he says with reference to risk management is very right! he may not have the best strategy, but to build on positive positions and cut your losses this itself will build the psychology, pain tolerance and the right mindset. so take what is beneficial.
We misunderstand one another. I do not think you are trying to discredit him and we seem to agree on most things here. I personally would not trade like him because I would have no hair left

You offer sound advice when you say,"Take what is beneficial."
every Saint has a past. Every Sinner has a Future
  • #5,253
  • Edited 11:35am Dec 20, 2022 9:49am | Edited 11:35am
https://twitter.com/MacroAlf/status/...CjVmGZHRA&s=19

What The Heck Is Happening In Japan?
https://open.substack.com/pub/themac...utm_medium=web
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"Exchange of hands"
  • #5,254
  • Dec 21, 2022 9:14am Dec 21, 2022 9:14am
Neuroscientist Andrew Huberman explains how adding certain habits in your day to day life can HELP you stay motivated and disciplined.

Andrew Huberman is an American neuroscientist and associate professor in the Department of Neurobiology at the Stanford University School of Medicine who has made many contributions to the brain development, brain plasticity, and neural regeneration and repair fields.


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"Exchange of hands"
  • #5,255
  • Dec 21, 2022 11:36am Dec 21, 2022 11:36am
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"Exchange of hands"
  • #5,256
  • Dec 22, 2022 1:37am Dec 22, 2022 1:37am
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RedcaT 3003
25k Return This Week: na
  • #5,257
  • Dec 22, 2022 6:58am Dec 22, 2022 6:58am
Quoting bilal1947
{image}
i salute for what u share with FF and for ICT followers and .. thankx alot for ur effort and hard work
  • #5,258
  • Dec 22, 2022 7:00am Dec 22, 2022 7:00am
Quoting bilal1947
{image}
if u can develop SMT overlay indicator divergence which can be handy and easy to identify where is Divergence?
ICT overlay doesnt show Divergence .. if a coder can make its divergence automatically it should be much helpful for us
  • #5,259
  • Dec 22, 2022 12:17pm Dec 22, 2022 12:17pm
Quoting lostup
{quote} i salute for what u share with FF and for ICT followers and .. thankx alot for ur effort and hard work
Thank you

Quoting lostup
{quote} if u can develop SMT overlay indicator divergence which can be handy and easy to identify where is Divergence? ICT overlay doesnt show Divergence .. if a coder can make its divergence automatically it should be much helpful for us
I am not a coder buddy, need to check some one to code it at the moment bare eyes enough.
"Exchange of hands"
  • #5,260
  • Dec 22, 2022 12:21pm Dec 22, 2022 12:21pm
Charts transformation !!!

Please dont skip a chart move one step up:

1. Blank chart - with sessions separators, weekly, daily high/low and open line, asian range and ADR.
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2. Above chart + H4 highs and lows only:
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3. Addition of FVGs on above chart
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4. Making chart dirty:
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"Exchange of hands"
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