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Trend following system is dead

  • #101
  • Feb 27, 2023 9:40pm Feb 27, 2023 9:40pm
Quoting RickM
{quote} Heispark I agree that counter trend systems work very well, actually they are brilliant. However I am not talking about price, I am talking about the mass of traders. One should always be on the other side of the mass of traders. Actually I can go one step further by suggesting we find the 5 worst traders on Forex factory and ask them collectively to pick which direction GBPUSD is moving this week. We will of course trade against their decision and I would suggest that we would win in 80% of occasions. Now can we all vote on the 5 worst...
And here's a post as a good example for people paying attention. Rabid dogs should simply be put down. Hihihihi. Good one. Now all non fools have a good baseline to work off.

The opposite to common sense always seems to show up so you can learn. Happy learning.


Peter
Real Trading is not gambling.
  • #102
  • Feb 27, 2023 9:44pm Feb 27, 2023 9:44pm
Quoting PatienceFx
{quote} even stocks like google are a pussy cat {image}
Hi Patience fx,

Awesome.
A quick 2 part question for you. Are you using weekly for trend then entering at any point thereafter using any number of timeframes? Or are you entering based purely on the weekly candle once triggered?
  • #103
  • Feb 27, 2023 10:04pm Feb 27, 2023 10:04pm
Yes, I agree to your statement that trend following system is dead. People are not in profit due to this malpractice. But only expert traders follow trends in their trading but the remaining traders are quite unaware of this.
  • #104
  • Feb 27, 2023 11:38pm Feb 27, 2023 11:38pm
Quoting FocusWinReal
{quote} Hi Patience fx, Awesome. A quick 2 part question for you. Are you using weekly for trend then entering at any point thereafter using any number of timeframes? Or are you entering based purely on the weekly candle once triggered?
Purely weekly for Trend and then entry on 1 hour
  • #105
  • Feb 27, 2023 11:51pm Feb 27, 2023 11:51pm
Quoting PatienceFx
{quote} Purely weekly for Trend and then entry on 1 hour
Cheers mate. All the best.
  • #106
  • Feb 28, 2023 1:52am Feb 28, 2023 1:52am
Quoting RickM
{quote} Heispark I agree that counter trend systems work very well, actually they are brilliant. However I am not talking about price, I am talking about the mass of traders. One should always be on the other side of the mass of traders. Actually I can go one step further by suggesting we find the 5 worst traders on Forex factory and ask them collectively to pick which direction GBPUSD is moving this week. We will of course trade against their decision and I would suggest that we would win in 80% of occasions. Now can we all vote on the 5 worst...
For sure Peter C! I don't know if anyone can even understand the dribble he writes, let alone stay awake long enough to get past the first sentence.

Add RossEdwards to the list. He admitted in writing here on FF that he does not trade.

Pat Chiko, this thread's op.
  • #107
  • Feb 28, 2023 2:41am Feb 28, 2023 2:41am
Quoting CashBox
{quote} For sure Peter C! I don't know if anyone can even understand the dribble he writes, let alone stay awake long enough to get past the first sentence. Add RossEdwards to the list. He admitted in writing here on FF that he does not trade. Pat Chiko, this thread's op.
I highly doubt that he himself understands what he writes, beside the hihihihehehehahahas. I suspect that he was here before under different username(s). His specialty is to hijack threads with high traffic for gaining visibility, first one being GeorgeAus's.

Just another cuckoo on FF.
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #108
  • Feb 28, 2023 3:33am Feb 28, 2023 3:33am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 30 KB

Trend trading is not possible anymore.
Perfection is the enemy of good enough!
  • #109
  • Feb 28, 2023 10:11am Feb 28, 2023 10:11am
Quoting MichaelSch
{image} Trend trading is not possible anymore.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2023-02-28 at 11.09.04 AM.png Size: 25 KB

looks like a several trends or 3 big trends to me. one day you'll figure out how to make this screen work in your favor
  • #110
  • Feb 28, 2023 11:22am Feb 28, 2023 11:22am
Quoting beastwork
{quote} {image} looks like a several trends or 3 big trends to me. one day you'll figure out how to make this screen work in your favor
LOL .. my posts here are ironic ... sorry i trade trends and have good result doing it.
Perfection is the enemy of good enough!
  • #111
  • Feb 28, 2023 11:26am Feb 28, 2023 11:26am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 33 KB


.. and the non trend trade to the line with the "?" mark as you can find in my last chart. Trend trading is impossible for sure!
Perfection is the enemy of good enough!
  • #112
  • Feb 28, 2023 11:43am Feb 28, 2023 11:43am
Quoting MichaelSch
{quote} LOL .. my posts here are ironic ... sorry i trade trends and have good result doing it.

lol sorry....you had me going.. i thought I was losing my mind
  • #113
  • Feb 28, 2023 7:38pm Feb 28, 2023 7:38pm
Quoting bfx17
{quote} I highly doubt that he himself understands what he writes, beside the hihihihehehehahahas. I suspect that he was here before under different username(s). His specialty is to hijack threads with high traffic for gaining visibility, first one being GeorgeAus's. Just another cuckoo on FF.


Average people always assume they're smarter.... of course that's why they invent everything, generate consistent returns far beyond average industry standards, disclose everything about themselves on a public forum 'trading' website (that has no resemblance to trading at all). I could do this for hours with all the deadheads around. Average people have swarmed to "social media" like the moth to the flame without one iota of thought to anything. So please, keep going, every time deadheads open their mouth and type what you do, is proof of certain things. Only stupid or insipid average people fester in their problems. So keep going. Everything and anything I write is for the real person who will learn to use real money with real accounts in real markets. Not deadheads online who don't know the difference between mastication and masturbation.

I would love to see ff setup a real world conference for all you "people" and let me stand on the side verandah and just smile and shake my head and then just walk away. Not because "I'm better" but that's the only response available. Because that is all one could do.

So everything you have written is a lie. Is deceptive and misdirecting. But you already know that.

I LOVE IT when dickheads can't or won't see the connectors. It gives the people who just want to learn and get on with their lives, minus all your useless input, a chance to learn about people, personas and real life. So thank you.

Immature or stupid people can change or learn. But you'd first have to have enough common sense to realize what you are.

Be thankful you and I don't ever meet in real life. I don't spar with people. I like to use my time better than that.

So ...... was all of that in plain enough english for you? Yeah I thought so too.

And no, I don't play the alias username game ..... there's no need. I can comfortably handle dickheads as myself.


Peter
Real Trading is not gambling.
  • #114
  • Feb 28, 2023 8:08pm Feb 28, 2023 8:08pm
Quoting OutThere
Well Bruce, I took a cursory look at the Vegas system. One of the questions that came to mind was that why if it is such a good system, none of those traders commenting on it are around. .
//------

hey ot...... that dang little rug rat pulled it off..... this is febuary only...... if similar trends are available next month, her account metrics should be similar...... my money is own her......


the difficulty in trend trading , at least for me, is denying the trend has changed..... its easy to get carried away......

a 240 countertrend during a daily downtrend can really hurt.....

sometimes its best to drag up and watch......h
//-----

Attached Image (click to enlarge)
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//----

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//-----

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to trade and code, keep both simple... no call to impress....h
  • #115
  • Feb 28, 2023 10:00pm Feb 28, 2023 10:00pm
Quoting hayseed
{quote} //------ hey ot...... that dang little rug rat pulled it off..... this is febuary only...... if similar trends are available next month, her account metrics should be similar...... my money is own her...... the difficulty in trend trading , at least for me, is denying the trend has changed..... its easy to get carried away...... a 240 countertrend during a daily downtrend can really hurt..... sometimes its best to drag up and watch......h //----- {image}//---- {image} //----- {image}
Is that all manual trading?
  • #116
  • Feb 28, 2023 10:52pm Feb 28, 2023 10:52pm
Quoting OutThere
{quote} Is that all manual trading?
//-----

all trades show up in the accounts history as being placed manually...... there are no trade placing or trade managing ea's used .....

just colors, numbers and push notifications......

trend trading with out all the drama......h

//-----

Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-h4-oanda-division1-my-forex-fund-filter-2-7-23-1021am.png Size: 26 KB

//-----

Attached Image (click to enlarge)
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to trade and code, keep both simple... no call to impress....h
  • #117
  • Mar 1, 2023 12:53am Mar 1, 2023 12:53am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 27 KB


.. another "trend is impossible" trade. What is this? Trend trading is coming back? :O)
Perfection is the enemy of good enough!
  • #118
  • Mar 1, 2023 1:12am Mar 1, 2023 1:12am
Quoting PeterCaleb
{quote} Average people always assume they're smarter.... of course that's why they invent everything, generate consistent returns far beyond average industry standards, disclose everything about themselves on a public forum 'trading' website (that has no resemblance to trading at all). I could do this for hours with all the deadheads around. Average people have swarmed to "social media" like the moth to the flame without one iota of thought to anything. So please, keep going, every time deadheads open their mouth and type what you do, is proof of...
Mr. crucialpoint wannabe,

We wont meet, 'cause probably you are locked up in a cuckoos' cage . Or you should be.
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #119
  • Mar 1, 2023 1:32am Mar 1, 2023 1:32am
Quoting Pat Chiko
Trend following system is dead. There is no black and white in this thread....just different shades of grey. I believe that the era of trend following is over unless there is a particular imbalance in a market that overrides everything else. Another exception would be if we were to enter a major inflationary or deflationary environment. In other words, unless there is some very powerful force that can overwhelm everything else. The markets have changed during the past five to ten years because professional money managers now account for a much greater...
https://www.tradingview.com/x/dGM1mGxy
Bro it still is ok. The only issue i see is there's no 100% strategy
Trading is gambling. So gamble responsibly.
  • #120
  • Mar 1, 2023 1:47am Mar 1, 2023 1:47am
Quoting Sovy
{quote} https://www.tradingview.com/x/dGM1mGxy Bro it still is ok. The only issue i see is there's no 100% strategy
Well we'll see about that..
You have an IQ lower than 90 if you interact with this user.
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