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Trading Made Simple

  • #140,021
  • Edited 6:21pm May 12, 2023 6:09pm | Edited 6:21pm
There is this thread :

Show Trade Explorer, why Yes or why Not...
https://www.forexfactory.com/thread/...yes-or-why-not

many different members all have different views.

Lets hear from you here @Trading Made Simple, do you have something to say?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,022
  • May 12, 2023 6:12pm May 12, 2023 6:12pm
The harsh truth is :
99% of retail forex traders lose money?

Why 99% of retail traders lose money { here }
and hanover gave a long list why { here }

 

  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
  • #140,023
  • May 12, 2023 6:16pm May 12, 2023 6:16pm
Quoting emmanuel7788
{quote} AU May12 TMS-II trades update - 2nd batch re-entry - TP1 +10pips, TP2 +25pips - now wait and see if TP3 +50 pips ... {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: AU May12 H4 TMS-II trades closed TP2 12-5-2023 10-08-33 pm.png Size: 26 KB

AU May12 TMS-II trades closed

- got my 50pips TP3 Fantastic! Go Go Go!

> what is next?

> I see BRN 66000 and also the WCC Low

Attached Image (click to enlarge)
Click to Enlarge Name: AU May12 H4 TMS-II trades update TP3 13-5-2023 5-52-22 am.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,024
  • May 12, 2023 6:56pm May 12, 2023 6:56pm
Quoting eelfranz
Divergence, That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.
I think @Tekkies still find it hard to accept that this thread is about trading the 5 method.

and the OP did say this:
#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.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #3418 trade without TDI.png Size: 26 KB



...

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,025
  • May 12, 2023 9:08pm May 12, 2023 9:08pm
Quoting emmanuel7788
The harsh truth is : 99% of retail forex traders lose money? Why 99% of retail traders lose money { here } and hanover gave a long list why { here }  No proven methodological edge  Lack of knowledge and experience  No trading plan  Failure to accept losses (causes recovery systems, irrecoverable open losses,...
The one that is not listed that should be is the retail trader not having a mentor. Institutions train their staff so why should retail by-pass this important step? Oh, because there are no mentors. (not referring to youtube self-proclaimed one style candlestickers) Real mentors that know how it all works. There is a very large void otherwise there would be a very large group of profitable retail traders and Hint factory would be very quiet.

All the best.
  • #140,026
  • May 13, 2023 1:35am May 13, 2023 1:35am
Quoting emmanuel7788
There is this thread : Show Trade Explorer, why Yes or why Not... https://www.forexfactory.com/thread/...yes-or-why-not many different members all have different views. Lets hear from you here @Trading Made Simple, do you have something to say?
Post 10 > Now get this: A Trade Explorer proves only 1 thing.....that the owner of the TE can trade his system. That's all it proves......nothing else.

Come Vincent, prove to the readers that you can trade the bullshit you post here?
  • #140,027
  • May 13, 2023 2:01am May 13, 2023 2:01am
Quoting emmanuel7788
The harsh truth is : 99% of retail forex traders lose money? Why 99% of retail traders lose money { here } and hanover gave a long list why { here }  No proven methodological edge  Lack of knowledge and experience  No trading plan  Failure to accept losses (causes recovery systems, irrecoverable open losses,...
See you made a web-page link for Apophenia.
> He defined it as "unmotivated seeing of connections [accompanied by] a specific feeling of abnormal meaningfulness".

Well Vincent your post's are filled with Apophenia.
How many times have you posted Post 140,015?
You surely spend time to hunt for those post's where BigE posted to trade without TDI. Post 139,424
Got stuck on "go live with USD10,000 real money" because BigE posted that, the very same BigE you said that posted bullshit in Post 140,011
Does not want to give concert evidence that statistic posted can be validated with a Trade Explore. Post 140,011
(Post 140,026)

Hey Alice in wonderland, stop chasing bunnies, they are not your type.
  • #140,028
  • May 13, 2023 3:42am May 13, 2023 3:42am
Quoting Tekkies
{quote} Post 10 > Now get this: A Trade Explorer proves only 1 thing.....that the owner of the TE can trade his system. That's all it proves......nothing else. Come Vincent, prove to the readers that you can trade the bullshit you post here?

@Tekkies

I agree with realjumper' post#10.

I already posted my TE live for my system develop TMS EVO in 2019- to 2019.
The live trading result for 15 months us here:
#788

The screenshot taken then is this below:
+94% profit for 15 months live trading just trading one pair.

Attached Image (click to enlarge)
Click to Enlarge Name: VDM TMS EVO 2018 2019 13-5-2023 4-30-59 pm.png Size: 100 KB


TMS EVO is exactly what Big E mentioned we can trade his 5-method without the TDI and Stochastics.
I have proven that in 2018/2019. No need to prove that again.

Since I am not selling anything here, I do not need to make my TE public.
See FerruFX post#7.
<quote>"The only case where a trader would have to prove that he is (or his system is) profitable, is for commercial purpose. If nothing is to be sold, nothing has to be proved."<unquote>


Goodluck to you with TDI cross M15H1 VLine trading. That has not been profitable for 7 long years. You still have a long way to go to show proof. Jus show readers here a 12 months profitable trading. That is all required.


Have Fun!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,029
  • May 13, 2023 3:51am May 13, 2023 3:51am
Quoting Tekkies
{quote} See you made a web-page link for Apophenia. > He defined it as "unmotivated seeing of connections [accompanied by] a specific feeling of abnormal meaningfulness". Well Vincent your post's are filled with Apophenia. How many times have you posted Post 140,015? You surely spend time to hunt for those post's where BigE posted to trade without TDI. Post 139,424 Got...

Nice work @Tekkies with all the crap you post here.

These evidence of your fragile mental condition because of the void in your life and your long time deep in your failure pit and not able to make money trading TMS the way the OP has laid out in all his posts here.

You make all kinds of excuses for your own failures and looking for excuses.

Attached Image (click to enlarge)
Click to Enlarge Name: ReverseFlash 81,686 on Tekkies since Sep 2017.png Size: 171 KB


7 years is record time for anyone here not able to make money.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,030
  • May 13, 2023 3:58am May 13, 2023 3:58am
Quoting korosh1350
{quote} hi emmanuel thanks alot i will check i think its no1 i changed time frame

hi @korosh1350

Your post #140,001 just turn the page for Trading Made Simple.

Attached Image (click to enlarge)
Click to Enlarge Name: Trading Made Simple hot 7000 pages 140001 posts.png Size: 27 KB



Big E would be happy to see the amount of traffic to his thread otherwise he would have close this thread too like his old thread.
..#162

What do members want to share and discuss from here onwards?

Any suggestions?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,031
  • May 13, 2023 7:10am May 13, 2023 7:10am
Quoting emmanuel7788
{quote} @Tekkies I agree with realjumper' post#10. I already posted my TE live for my system develop TMS EVO in 2019- to 2019. The live trading result for 15 months us here: #788 The screenshot taken then is this below: +94% profit for 15 months live trading just trading one pair. {image} TMS EVO is exactly what Big E mentioned we can trade his 5-method without the TDI and Stochastics. I have proven that in 2018/2019. No need to prove that again. Since I am not selling anything...
Oh, you are selling Vincent.
Everyday you post how good is your VDM-TMS Evo with nice looking pictures of profitable trades after the fact.
Your sale pitch is "price action, price action is the way to go."
---
The best part Vincent. You contradicted yourself by posting a proof of an very old TE ( kind of fit in with > "specific feeling of abnormal meaningfulness") from many years ago
(Go one step further, make the whole TE visible)

Wake up, Vincent, wake up.
  • #140,032
  • May 13, 2023 7:12am May 13, 2023 7:12am
Quoting emmanuel7788
{quote} Nice work @Tekkies with all the crap you post here. These evidence of your fragile mental condition because of the void in your life and your long time deep in your failure pit and not able to make money trading TMS the way the OP has laid out in all his posts here. You make all kinds of excuses for your own failures and looking for excuses. {image} 7 years is record time for anyone here not able to make money. ...
You supplied the link Vincent.
I merely connected the dot's.
  • #140,033
  • May 13, 2023 12:09pm May 13, 2023 12:09pm
Quoting emmanuel7788
{quote} hi @korosh1350 Your post #140,001 just turn the page for Trading Made Simple. {image} Big E would be happy to see the amount of traffic to his thread otherwise he would have close this thread too like his old thread. ..#162 What do members want to share and discuss from here onwards? Any suggestions?
hi emmanuel
i assure you i still need your lessons and experience . now with pa and tms i have enough confident to trade and now i want to configure cave manger to solve my mental problems for the first try i want to adjust capital protection to 10-20 depends on pair . half profit exit R=1 and other half trail with h4 candles . what are you thinking?i think i am your first student from iran

best wishes
  • #140,034
  • May 14, 2023 2:30am May 14, 2023 2:30am
Quoting Tekkies
{quote} Oh, you are selling Vincent. Everyday you post how good is your VDM-TMS Evo with nice looking pictures of profitable trades after the fact. Your sale pitch is "price action, price action is the way to go." --- The best part Vincent. You contradicted yourself by posting a proof of an very old TE ( kind of fit in with > "specific feeling of abnormal meaningfulness") from many years ago (Go one step further, make the whole TE visible) Wake up, Vincent, wake up.

and the OP also 'selling' and 'promote' his PA with lots of his training charts which are PA on old charts after-the-fact and with no TE to show trading performance ...


Attached Image (click to enlarge)
Click to Enlarge Name: Big E #701.png Size: 88 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Big E #3287.png Size: 89 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,035
  • May 14, 2023 2:37am May 14, 2023 2:37am
Quoting Tekkies
{quote} You supplied the link Vincent. I merely connected the dot's.

Hey @Tekkies

let me provide you these five(5) links and you can connect them as your 'dots' and you will learn something about live trading in this thread and unlike you who post only winning trades after the market had moved in your favour for breakeven. Try harder next week and post live charts with live trades taken with market order.

https://www.forexfactory.com/thread/...4#post14423454

https://www.forexfactory.com/thread/...6#post14423456

https://www.forexfactory.com/thread/...0#post14423640

https://www.forexfactory.com/thread/...1#post14424321

https://www.forexfactory.com/thread/...4#post14424794


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,036
  • May 14, 2023 9:59am May 14, 2023 9:59am
Quoting emmanuel7788
{quote} and the OP also 'selling' and 'promote' his PA with lots of his training charts which are PA on old charts after-the-fact and with no TE to show trading performance ... {image} {image}
And this one?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 3 KB
  • #140,037
  • Edited 11:34am May 14, 2023 11:02am | Edited 11:34am
Quoting emmanuel7788
{quote} Hey @Tekkies let me provide you these five(5) links and you can connect them as your 'dots' and you will learn something about live trading in this thread and unlike you who post only winning trades after the market had moved in your favour for breakeven. Try harder next week and post live charts with live trades taken with market order. https://www.forexfactory.com/thread/...4#post14423454 https://www.forexfactory.com/thread/...6#post14423456 https://www.forexfactory.com/thread/...0#post14423640...
Oh you mean like them weather forecasting > Tomorrow will be sunshine and it rains the next day.
The problem with that Vincent is
> How many of your forecasting did you actually acted on?
Forecast five pairs and post two winning pairs.
(Hoping that readers will not ask you about the other three forecasting pairs.)

"unlike you who post only winning trades after the market had moved in your favour for breakeven"
You forgot Vincent, that everyone that use post#14/25 TDI see the same crossover on the chart before them.
> a Crossover is a crossover
They apply the same rules they get the same results.
(The difference between TDI users will be, is the understanding and applying post#647 basic price action)
It is immaterially if I post after crossover, wait for a breakeven.
> I am only showing readers that I agreed with that particular TDI crossover on that pair/chart/time/price level and placed a trade.
  • #140,038
  • Edited 11:38am May 14, 2023 11:20am | Edited 11:38am
Quoting emmanuel7788
{quote} and the OP also 'selling' and 'promote' his PA with lots of his training charts which are PA on old charts after-the-fact and with no TE to show trading performance ... {image} {image}
Vincent why did you Photoshop ((insert) with the same front, size, colour) this on that image of Post 701?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB
Did you really hope readers will not fact check you.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB


Shame on you Vincent!!!!
By the way, the grammar is totally wrong to boot.
(One of the point's to spot a scammer)
>Take time to learn to read your candles and what their trying to shout at you as well as your TDI signals... follows price action is lagging
should be
>Take time to learn to read your candles and what their trying to shout at you as well as your TDI signals which lag price action

Wake up Vincent Alice, stop chasing bunnies, they are not your type.
  • #140,039
  • May 14, 2023 6:14pm May 14, 2023 6:14pm
Quoting Tekkies
{quote} ...

>"Take time to learn to read your candles and what their trying to shout at you as well as your TDI signals... follows price action is lagging "

> "Take time to learn to read your candles and what their trying to shout at you as well as your TDI signals which lag price action "
@Tekkies

Thanks for confirming that your Holy Grail TDI signals lag price action.

Now we can continue to trade the Price Action reading the candles on our charts.

Remember these posts:

> pay attention to the S/U candles and the entry candle

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #3287.png Size: 89 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #3145 setup candle.png Size: 107 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,040
  • May 14, 2023 6:32pm May 14, 2023 6:32pm
Quoting Tekkies
{quote} Oh you mean like them weather forecasting > Tomorrow will be sunshine and it rains the next day. The problem with that Vincent is > How many of your forecasting did you actually acted on?....
hey @Tekkies

Today and tomorrow I base my trading pairs selection on this Forecast and I also check other market analysts' reports.
Forecasting is an important factor to see if there is potential for a 5R to 9R trade outcome.

Remember, I have 28 pairs in my market watchlist.
These 28 pairs are assigned into 7 groups.
From each of the 7 groups, pick only the best setups.
Trade only 5 pairs with allocated margin. Do not overtrade.

Big E' advice #7555 - "do not put all my eggs in one basket".


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