Trading Made Simple

I also want to join but not against you people instead I will trade in the direction where you people trade

Not going to argue with you, Vincent.
----------------
Do you understand the words in red and blue?
> My TE will be visible 01 Jan 2024 without the restriction you want to place on the challenge.

Now answer the question in magenta"
The question is now > Will you have your TE visible?

@Tekkies

I read your nonsense in red

Attached Image (click to enlarge)

and I only see red in your TE.

Attached Image (click to enlarge)

and Big E was right.

@Tekkies

Where is your TE starting 01/12/2020 with all options open ?

...

"Where is your TE starting 01/12/2020 with all options open"
The same place where your TE's are.
----------------
Stop making excuse Vincent.
>>> Will you have your TE visible?

@Tekkies

Why do you keep lying ?

You do not have TE with all options open.

My TE has all options open and I posted that in this thread

https://www.forexfactory.com/thread/...1#post12182551

> 1073 TMS EVO trades closed that year.

> profit 94%

> based account AUD10,000

Attached Image (click to enlarge)

...

the OP mentioned PA candle

> what is that PA candle

> I spent my time and learned to read the candles know the basics of forex trading he mentioned in his other post #647

> these are what I see in the PA candles highlighted in yellow

Attached Image (click to enlarge)

> and I was still not satisfied and I did more study ...


> I did more study and dig deeper ...


...

I dug deeper and went on reading and studying the OP's post ... I learn to read more candles and what the candles are yelling at me ...

#701

> yet another training chart examples only with no real trades taken ...
> is this hindsight paper trading? NO.
> you need to take notes and write your exit strategy rules with these in mind when trading LIVE.

>>> your entry and exit rules list just get longer and longer

Attached Image (click to enlarge)

....

#701

Learn from the OP' posts and training chart

zoom in 3X and see more details of the price OHLC and the HA candles

- every swing high candle has 2 lower high candles on its left and 2 lower high candles on its right
- every swing low candle has 2 higher low candle in its left and 2 higher low candles on it right
- these are 5bars swing high / swing low ... FRACTALs

- note the big candle and small candle one of the Three Powerful Forex price action pattern





Three Powerful FOREX Price Patterns >>>click to { download }

see my old post and learn more on forex trading basics post #647

https://www.forexfactory.com/thread/...2#post14564702

Are you still hungry for more Trading Made Simple knowledge?
Let me know ....


...

Big E' post #2776

Take note of and learn how he would use the candles for exit too.

There is really a lot to read, study and take notes....and practice, practice, practice .... DEEP PRACTICE ...

and progress on to DELIBERATE PRACTICE ...




...

What happened to this one, Vincent > Post 95,602
------
"My TE has all options open"

Why do you post a lie?
Readers can go to your profile right now and see for themself that there is currently no TE open.
-----
Don't change what you have posted Vincent.
> I did not ask for a challenge, you did.
> I ask you why so many excuse to show your TE's
--------
Post 144,640
Okay, do you agree to start in Jan 2024 with USD10,000 Leverage 1:30 and members that flap their lips in this thread including @tommydoginiti, @DrDave, @Tekkies and ...
we trade USDCHF H4 and follow post #2 Price Action with Stoch and TDI.
----
USD10,000 > ZAR184 680.40. (About 3 year's salary for many South African citizens)
Leverage 1:30 > Best leverage in forex trading depends on the capital owned by the trader. It is agreed that 1:100 to 1:200 is the best forex leverage ratio.
@tommydoginiti, @DrDave > Cannot be held responsibly of other members
USDCHF H4 > Post#63.... I'd say pick the charts you like to trade.......
post #2 Price Action with Stoch and TDI > post#2 1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle...
No mention of any Price Action
-------
> My TE will be visible 01 Jan 2024 without the restriction you want to place on the challenge.

You did not expected that Tekkies will post such a response.
Now you are running around, posting all sorts of excuse not to continue with the challenge.
------
Let's try again Vincent > Will you have your TE visible?

hey Folks

Poor @Tekkies still not happy when he read old posts and where my system development project CI500 failed.
I am happy even when that project failed and I learn a few more lessons even I had to pay a very small price losing most of the profit and kept only +5.3% which is not bad for the number of trade baskets and duration of 141 trades..

Project CI500 was an EA development for TMS MEME where some members here back in 2016/2017 requested and to demonstrate how the EA trade in real-time live market and I have my TE open to them for comparison.

There was no request to show the Balance, Unrealised P&L, Equity by the members who took part in the system development and live testing. What was important was the date and iime trade were open and closed. Different members have different account deposits and they know what their trade basket lot size were based on their own account type and deposits.

What were some of the lessons learned just to name the top five,

- expert advisor parameter setting maximum trades per basket
- dynamic stop loss based on average entry price of positions in a basket
- volatility based stop-loss based on @Tymen' recommendation 2CLB rule
- Equity protection based on percent of account starting balance and not equity
- basket percent risk based on one hundred percent balance is more risky

Attached Image (click to enlarge)

Do Not be bogged down with past performance and failures.
Learn to accept failures and learn from failures.
Be forward looking and work harder.





...

@Tekkies

Just keep it simple.

Go back to your post #114,405
You started the challenge in Nov 2020..... not me.

You want to show your TE on 01 Jan 2024...

we shall see your TE when the time comes.

I can predict your future with your next TE ... it will be the same as in 2017 and 2018, and again in 2021, 2022 and also 2023 when market closes on 31 Dec this year.

Your past performance is strong indication of future performance ....see this link < here > and <here > and < here >


...

@Tekkies

Tell us what is your best 3 years salary?

I am not interested in those many South African citizens who are not forex traders.

You made a very serious mistake most forex trader newbies make using high leverage account. You want to get rich fast then follow Big E posts #557 and #7555.

Learn to trade with Money Management strategy using Leverage 1:30 or 1:25. This is the future.
We are going back to the future.
....

@Tekkies

I want to trade TMS 5-Method and buy one of this EQC SUV in the next 36 months.

What should be my trading account deposit?

I think I need to deposit AUD150,000 and double my account within 36 months.

I know I can do it from my past performance. All I need is to pick the correct Market Type conditions and hit many +9R to +12R trades during the next 36 months trading cycle.






...

An old post by eelfranz and his trading coach.

Big E and I both have this same trading coach who taught us the basics of price trading which became the core of his 5-Method.


Sad to say Lance has decided to close down his school and retire this month.


[quote=eelfranz;2288808]From: Your Trading Coach Three Losses in a Row Three losses in a row are tough. That’s about the most consecutive losses that novice traders are psychologically prepared to accept before they feel compelled to take action and ‘correct’ the situation. If you’re anything but a total newbie, I’m sure you’ll recognize the symptoms: • Frustration – Why me? I’ve worked so hard. Everyone else in the forum appears to be getting good results with this strategy? Nothing ever works out for me. • Anger – That strategy developer is a liar and a crook. My broker is running my stops. Someone should be held accountable for this. • Doubt – What if the strategy doesn’t work? What if I can’t trade? How am I going to support my family? • Fear – I can’t lose more money, what will everyone say about me when they know I’m a loser? How can I tell my wife/husband that I’ve lost again? And if that’s not enough, the novice trader will likely be afflicted with the crippling inability to pull the trigger on the next trade, in fear of hitting a fourth loss in a row. Usually, there is one of two responses: 1) The strategy is tweaked to ensure that the modified version would not have triggered these losing trades, through: a) Swapping one indicator for another, b) Optimising indicator parameters, or c) Adding an additional filter. or 2) Totally abandoning the strategy, usually followed by returning to their favourite forum to find the next Holy Grail strategy that is designed to make their dreams come true. Is this the right response though? Typically, trading decisions which are influenced by emotions rarely result in the right action. So, what should be done? First, before we continue, you need to confirm that you do have a valid, proven trading strategy. Have you conducted appropriate testing to satisfy yourself that it provides a positive expectancy? If not, stop trading it right now and return to testing. I don’t care what reason you had for jumping straight into a live trading environment, but the fact is that it’s difficult to psychologically trade a strategy in a consistent and disciplined manner when you don’t have complete confidence in its rules. You need to conduct thorough testing. But assuming you have a strategy that has proven itself through positive results either in a testing or live trading environment, simply refer to your testing results or past trading history, and you’ll confirm that three losses in a row is a quite normal occurrence. In fact, it’s quite normal to have a lot more than three in a row. And it does not mean that your strategy is flawed. Let’s look at this from a purely statistical perspective. (a) Win% = 40%; Probability of seeing at least 3 consecutive losing trades within a 50-trade period = 100% (or so close that it may as well be 100%) (b) Win% = 50%; Probability of seeing at least 3 consecutive losing trades within a 50-trade period = 99.8% (c) Win% = 60%; Probability of seeing at least 3 consecutive losing trades within a 50-trade period = 95.8% (d) Win% = 70%; Probability of seeing at least 3 consecutive losing trades within a 50-trade period = 73.1% The table above shows that given a trading strategy with a 50% win/loss ratio, the probability that you’ll get a string of three losses in a row somewhere within your next 50 trades is 99.8%. Even if you’re achieving a win/loss ratio of 70%, you’ve still got a 73.1% chance of having a string of three losses somewhere within your next 50 trades. It’s going to happen. It’s a normal occurrence. Accept it. So, based on this, what’s a reasonable response from a trader following three losses in a row? The first thing is to confirm all three trades were entered and managed in accordance with your plan. You should be doing this for every trade anyway, but if you’re a very short term trader then perhaps you don’t get an opportunity till after the session is over. If that’s the case, and you’ve get three consecutive losses which appear to be worrying you, pause to review them now. If they’re not valid trades, find out why you entered them, refocus on your plan and your goals and then continue trading. However, if they’re valid trades, you might want to consider the following action: 1) If you’re a mechanical trader, keep trading. 2) If you’re a discretionary trader, check to see if each entry is actually at the same setup area. If so, you’re possibly just not reading the market right at the moment. Consider halting your trading until the market action has changed and a new setup has developed. 3) If you still find yourself experiencing difficulty in pulling the trigger, get away from the markets for a while. a) It’s time to take a break – relax, refresh and recharge yourself. b) Review your trading plan and your historical results (either live or testing). c) Carry out some visualisation and affirmation sessions, to prepare yourself for pulling that trigger once your break is over. d) Return to the markets with the goal of correct application of your plan – don’t focus on the dollars won or lost, instead focus on the process of trading. 4) And if on returning you still find problems, well you’ve got some more serious issues that need to be worked through. I don’t mean that in a bad way, but you need to take a longer break to seriously review both your trading plan and yourself: a) Are you taking too much risk per position? Reducing your position size can often make an incredible difference in your ability to trade in a relaxed and confident manner. b) Do you really understand and accept the probabilistic nature of the markets? I’d suspect not. Read “Trading in the Zone” by Mark Douglas for a brilliant insight into these issues. c) Are you consumed by fear of loss whenever it comes time to enter a trade? What is it you fear exactly? Maybe it’s time to delve into the world of trading psychology. “The Psychology of Trading” and “Enhancing Trader Performance” by Dr Brett Steenbarger would be my recommended starting point. One final thing! If three losses in a row does not necessarily equate to a flawed strategy, then at what point should you stop trading and review your plan? Well, I don’t base this on a particular number of losses in a row, but rather on a level of drawdown. Only you can determine what should be considered a normal level of drawdown, based on your historical performance. But certainly, if you equal the historical maximum drawdown for your strategy (if not sooner) then you should be reviewing your strategy to confirm it’s based on sound fundamental principles that still apply to the current market environment. And at some stage of drawdown beyond this point, you need to have clearly defined STOP criteria. Don’t bleed your account to death. Stop, take a break if necessary, reassess the situation, conduct further testing and return stronger than ever before. Happy trading, Lance Beggs


[quote]

Do Not be bogged down with past performance and failures.
Learn to accept failures and learn from failures.
Be forward looking and work harder.
Nice empty meaningless words from a member that post on a daily base Tekkies past performance and failures.
When his own past performance and failures come to light every excuse imaginable is used for explanation.
------
Post 144,640
Okay, do you agree to start in Jan 2024 with USD10,000 Leverage 1:30 and members that flap their lips in this thread including @tommydoginiti, @DrDave, @Tekkies and ... > we trade USDCHF H4 and follow post #2 Price Action with Stoch and TDI.
What are the reasons why Vincent is afraid to accept his own challenge without the stipulated conditions.

Must be because that Trade Explorer will show the truth how he really trade.
------
The more excuse Vincent post the more this sentence is emphasized.
Post 144,374
> He is not willing to do so by making any excuse for not showing those Trade Explorers you can consider it as a serious warning not to trust this person at all.

Hi Tekkies,

At first I thought you two were fighting for who being a better TMS trader, turns out he is just a non-TMS trader trolling here disputing the TMS method (a very idiotic act in this thread all about TMS).

he is just a piece of ______. No need to entertain his personal agenda to promote his scam.

trade well.

Hi Brabus8001,

I am on the way summarising my TMS trades for the last 3 years.
https://www.forexfactory.com/thread/...6#post14687696

I am slowly writing up something to share. This includes how TMS performs, from statistics how much some comments of BigE on TMS are valid, etc.
for example with >1600 TMS setups the entry accuracy is 60-65% if following BigE’s rules. Something BigE mentioned “start with 65%”.
https://www.forexfactory.com/thread/...8#post14687718

Lastly, as of TDI smoothing out, I assume you referring to repainting. TDI green and red lines values are fixed once a candle close, so the nature of TDI is non-repainting. I also provided a few solutions to those using MT4 and TDI indicator from BigE in post #647
https://www.forexfactory.com/thread/...9#post14670369

Anyway. Trade well and enjoy the Festive December. Going for the 1st of 4 trips

YES! @Tekkies

Good job you spent your time digging deep in this thread because of your jealousy, anger and hate .

Just do it... read some more down until post # __________ ... you will see how I exposed several fake traders in this thread after Big E died and how I learned to spot those photoshop edited charts like those @tommydoginti posted in this thread. ...

much further down from #71,635 ....

and you will come to the invitation to this thread : https://www.forexfactory.com/thread/723914-verbal-diarrhea-matches-trading-skills

and my TE I shared in that thread.... TMS EVO 94% profit





...