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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #137,201
  • Dec 23, 2022 4:54am Dec 23, 2022 4:54am
DrDave

you mean eelfranz its Vicent ?that he lied? And his system didn't work?

emmanuel7788
I would like to play cryptocurrencies or TDI Suitable for playing them? or something else will be better
  • #137,202
  • Dec 23, 2022 4:56am Dec 23, 2022 4:56am
Quoting Fake'Dr'Dave
{quote} Just because HE cannot trade a specific instrument using TDI (or the 5-method) does not meant that YOU cannot trade it successfully. If you have done your homework and read the entire thread, then you would know that Vincent posts a LOT of nonsense that leads to draining of your account. Look at his posts and see for yourself how he lost 30,000 dollars VERY quickly on just one account. Plenty of other examples that he posted of his losing efforts, as well as plenty of blatant lies to try to trick folks like you. Bottom line: Whatever "advice"...
@DrDick

It is exactly people like you here in Forex Factory who post nonsense and garbage making false claims.

Why 99% of retail traders lose money { here }

and hanover gave a long list why { here }

take note of No.7 and No.35

 

  1.  No proven methodological edge
  2.  Lack of knowledge and experience
  3.  No trading plan
  4.  Failure to accept losses (causes recovery systems, irrecoverable open losses, revenge trading)
  5.  Poor or non-existent risk management (i.e. focusing on return over everything else)
  6.  Making decisions based on P/L rather than market probabilities/behavior (focusing on the money, rather than the process)
  7.  Undercapitalization (causes greed, overtrading, overleveraging) -- [NOTE: according to many br0kers, this is the most common cause of failure]
  8.  Over-reliance on money management (including ideas like same-pair hedges, baskets, grids, averaging down recklessly, martingale variants)
  9.  Complacency: a lack of respect for the market
  10.  Laziness: trying to find a color-by-number shortcut to riches (i.e. make the most money in the shortest time with the least effort)
  11.  Adherence to "$250 to $100,000 in 6 months" type notions
  12.  Adherence to trading myths
  13.  Lack of discipline
  14.  Lack of patience
  15.  Lack of resilience (unable to bounce back after losses)
  16.  Lack of composure/nerve (afraid to "pull the trigger")
  17.  Lack of stamina (quit too quickly)
  18.  Lack of dedication (failure to put in the required number of hours of study)
  19.  Failure to understand the importance of statistical validity, and the nature of statistical fluctuation
  20.  Failure to keep a journal
  21.  Over-reliance on automated systems (EAs)
  22.  Over-reliance on technical analysis (using tools that "don't work")
  23.  Exiting too early (should take higher RR trades)
  24.  Exiting too late (should take lower RR trades)
  25.  Hindsight bias
  26.  Confirmation bias
  27.  Recency bias
  28. Apophenia
  29.  Curve fitting
  30.  Strategies that test profitably, but are not grounded in real market inefficiencies
  31.  Randomness of price movement
  32.  Letting outside noise affect your decision making
  33.  Underestimating the effect of br0ker costs
  34.  Underestimation of the amount of expertise that is required
  35.  TDA with IMT

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,203
  • Dec 23, 2022 5:02am Dec 23, 2022 5:02am
Quoting emmanuel7788
{quote} AN Dec23 9 minutes to the next 4hr trade window - potential good tweek from 1.0 to ??? but must wait for it to Close {image} ...
Attached Image (click to enlarge)
Click to Enlarge Name: AN Dec23 H4 tweek 1 to 7 23-12-2022 2-17-03 pm.png Size: 29 KB


AN Dec 23 update:

- tweek 7.0 to 1.3 as price pulled back



Attached Image (click to enlarge)
Click to Enlarge Name: AN Dec23 H4 update tweek 7.0 to 1.3 23-12-2022 6-20-36 pm.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,204
  • Dec 23, 2022 5:05am Dec 23, 2022 5:05am
Quoting mateusz2351
DrDave you mean eelfranz its Vicent ?that he lied? And his system didn't work? emmanuel7788 I would like to play cryptocurrencies or TDI Suitable for playing them? or something else will be better
'DrDave' with his Fake 'Dr' 'PhD' etc. and he is also @DrDick

Attached Image (click to enlarge)
Click to Enlarge Name: FakeDr #109,290 2-10-2020 4-46-56 pm.png Size: 218 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,205
  • Dec 23, 2022 5:08am Dec 23, 2022 5:08am
emmanuel7788


you think you can rely on TDI Playing crypto?
  • #137,206
  • Dec 23, 2022 5:12am Dec 23, 2022 5:12am
Quoting mateusz2351
emmanuel7788 you think you can rely on TDI Playing crypto?
I have not seen anyone here made money trading crypto with the lagging TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,207
  • Dec 23, 2022 5:15am Dec 23, 2022 5:15am
Quoting mateusz2351
DrDave you mean eelfranz its Vicent ?that he lied? And his system didn't work? emmanuel7788 I would like to play cryptocurrencies or TDI Suitable for playing them? or something else will be better
No. Vincent is the real name of Emmanuel7788. As I said, read the thread and you will read how Vincent's lies have been exposed many times. But because he knows almost no one will read the thread, he knows there is little danger in newcomers learning that he is a liar and scammer until he has already hooked them and brought plenty of misery to them.

BigE's 5-method can be used to trade successfully. Read tommydoginti's posts and pips29's posts and see for yourself. But just as BigE said, when you start adding things, such as other indicators, EAs, and parts from other systems, your results will suffer. Why do you think that Vincent has a RECORD in this thread of repeated huge losses, posts that he cannot trade the 5-method successfully below the H1 TF, and the BEGINNER'S 65% success rate despite at least TEN YEARS of trying to figure out the 5-method? If you read the thread, you will see the answer: Because shortly after BigE died, Vincent started to ADD things and pervert the 5-method! And just as BigE said would happen, bad results. And despite this result that BigE warned about, instead of abandoning all of this additions, Vincent added EVEN MORE perversions!! He thought that because he cannot figure out how to trade the 5-method successfully that MAYBE by letting an EA replace his faulty thinking that he would finally find success. But instead of the success that he continues to seek, he plunges deeper into his FailurePit.
To free Gazans of Hamas, use whatever it takes.
  • #137,208
  • Dec 23, 2022 5:19am Dec 23, 2022 5:19am
emmanuel7788

ie not suitable

I understand, so it is not suitable and there are some indicators that are less delayed, e.g. or which one would you recommend?
  • #137,209
  • Dec 23, 2022 5:23am Dec 23, 2022 5:23am
Dr.Dave
Thank you for your answer and you think that the eelfranz system will not work in Crypto trading either
  • #137,210
  • Dec 23, 2022 5:40am Dec 23, 2022 5:40am
Quoting Fake'Dr'Dave
{quote} ///.

_______________________________________________________
The markets are speaking to you. Do you know their language? I M T {nonsense!}
LOL. Fake'Dr' aka @DrDick

TDA with IMT is a failed system.
Attached Image (click to enlarge)
Click to Enlarge Name: FakeDr GU sell 40 weeks DD update.png Size: 73 KB

Your 2020 TE is evident here. That's your experience .... poor track record.

Have you tried pips29 template?

https://www.forexfactory.com/thread/...6#post14262906





...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,211
  • Dec 23, 2022 5:42am Dec 23, 2022 5:42am
Quoting pips29
{quote} Hi! Trishana, I am using both the 5 ema and tdi as Big E did but added a few indicators in to help me in my trading. Unless you understand the workings of my other indicators they will not be of much help to you, anyway, my template is below {file}
hey pips29

I use your template today.

Its simple too. 3 winners 1 loser.


Attached Image (click to enlarge)
Click to Enlarge Name: CADCHF Dec23 trades closed 23-12-2022 7-39-21 pm.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,212
  • Dec 23, 2022 5:51am Dec 23, 2022 5:51am
Quoting Fake'Dr'Dave
{quote}//// ... BigE's 5-method can be used to trade successfully. Read tommydoginti's posts .

_______________________________________________________
The markets are speaking to you. Do you know their language? I M T {nonsense!}
Fake'Dr' aka @DrDick

More of your nonsense!

LOL . I read @tommydoginti' posts and I learn he posted many fake trades using photoshop edited MT4 charts to make losing trades look like winning trades.

Here are just a few of @tommydoginti' fake trades posts

Attached Image (click to enlarge)
Click to Enlarge Name: tommydog #123,927 fake trade 20-5-2022 7-42-18 pm.png Size: 48 KB


Attached Image (click to enlarge)
Click to Enlarge Name: tommydog #124,788 fake trades 20-5-2022 7-55-56 pm.png Size: 74 KB


Attached Image (click to enlarge)
Click to Enlarge Name: tommydog #124,771 fake trades 20-5-2022 8-01-41 pm.png Size: 63 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,213
  • Dec 23, 2022 5:57am Dec 23, 2022 5:57am
Quoting pips29
first trade of the morning {image}
I managed to get some pips out before being stopped out on the other half. I will be using M5 going into the New Year as I'm looking for scalps
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY.pM5.png Size: 24 KB
the cautious seldom err....C
  • #137,214
  • Dec 23, 2022 5:59am Dec 23, 2022 5:59am
Quoting emmanuel7788
{quote} hey pips29 I use your template today. Its simple too. 3 winners 1 loser. {image}
Yes, it's simple trading
the cautious seldom err....C
  • #137,215
  • Dec 23, 2022 6:00am Dec 23, 2022 6:00am
Quoting mateusz2351
Dr.Dave Thank you for your answer and you think that the eelfranz system will not work in Crypto trading either
BigE's 5-method will work in essentially any market with good liquidity.

LAGGING indicator's are actually an ASSET for most new traders, because they TELL you the direction that price is ALREADY going, making it easier to take trades with the trend. Vincent attacks the TDI as lagging because he keeps trying to PREDICT when a swing will end and reverse, enters too early, and then makes many add-on trades to a NEGATIVE position (claiming that he is "building a position", LOL), and this is just one of many reasons that he has such an abysmal trading record.

I started live trading the S&P 500 e-mini and later switched to Forex. I have no interest in trading crypto.
To free Gazans of Hamas, use whatever it takes.
  • #137,216
  • Dec 23, 2022 6:00am Dec 23, 2022 6:00am
Quoting Fake'Dr'Dave
{quote}//// BigE's 5-method can be used to trade successfully..
_______________________________________________________
The markets are speaking to you. Do you know their language? I M T {nonsense!}

" BigE's 5-method can be used to trade successfully.. "

@DrDick

Yes. After more than 10 long years you have been jumping from from thread to thread looking for the holy grail system and finally now are now saying that Big E' 5-Method can be used to trade successfully.

The fact is your TDA with IMT is a failed system and your thread is DEAD.

Attached Image (click to enlarge)
Click to Enlarge Name: TDA with IMT thread dead.png Size: 198 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,217
  • Dec 23, 2022 6:02am Dec 23, 2022 6:02am
Quoting pips29
{quote} Yes, it's simple trading



indeed it is simple when we have mastered Big E' 5-Method
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,218
  • Dec 23, 2022 6:07am Dec 23, 2022 6:07am
Quoting Fake'Dr'Dave
{quote} BigE's 5-method will work in essentially any market with good liquidity. ///.
_______________________________________________________
The markets are speaking to you. Do you know their language? I M T {nonsense!}


"BigE's 5-method will work in essentially any market with good liquidity."

@DrDick

Of course Big E 5-Method will work without the TDI.

Big E himself said so:

Big E : you can trade without the TDI


Jan 20, 2011
#3044
Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.

Jan 26, 2011
#3103
I almost always have the tdi & stoch on all my charts regardless of the method being used.

However, it's not necessary on the 5 method for me. It gives people more confidence when they have it on their charts it seems.... and it's a good confirmation to the current PA and possible trade.


Feb 12, 2011
#3418
You can trade the 5 method without the TDI if it's a problem...

PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close.

The TDI just gives me a lot more information for making my entries & exits decisions.


May 16, 2011
#2617
2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?

Read above...

I can take you to water but I can't make you drink... follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too...

#296 (Nov 4, 2008)
I profit every day by using Stochastics. I hope you will too. It's just part of the puzzle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,219
  • Dec 23, 2022 6:15am Dec 23, 2022 6:15am
Quoting emmanuel7788
{quote} LOL. Fake'Dr' aka @DrDick TDA with IMT is a failed system. {image} Your 2020 TE is evident here. That's your experience .... poor track record. Have you tried pips29 template? https://www.forexfactory.com/thread/...6#post14262906 ...
Another good post to try to fool the naive, Vincent.

Here is a reminder to this year's live IMT account progress.
To free Gazans of Hamas, use whatever it takes.
  • #137,220
  • Dec 23, 2022 6:23am Dec 23, 2022 6:23am
Quoting Fake'Dr'Dave
{quote} /// I started live trading the S&P 500 e-mini and later switched to Forex. I have no interest in trading crypto.

_______________________________________________________
The markets are speaking to you. Do you know their language? I M T {nonsense!}
"I started live trading the S&P 500 e-mini and later switched to Forex."

@DrDick

So after you lost all your money trading S&P 500 and blown account after account ... then you switched to trading retail spot forex thinking this is a get rich quick market.

And your TDA with IMT failed system still have not made any money so far. You are still deep failure pit with all you lagging indicators.


Attached Image (click to enlarge)
Click to Enlarge Name: TDA with IMT thread dead.png Size: 198 KB



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