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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

  • #144,741
  • Dec 18, 2023 6:22am Dec 18, 2023 6:22am
Quoting rehmatkhan00
Please can anyone tell me how can I make my account live like other traders do on FF?

IF you mean you want to show your trading account with FF Trade Explorer,

@Tekkies has the most experience.

@Tekkies has the most times MARGIN CALL with different brokers in the last seven(7) years. On an average 3 MARGIN CALLs per year, and he then change brokers every year. Every time MC happens he remove his TEs and then open another one.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,742
  • Dec 18, 2023 6:24am Dec 18, 2023 6:24am
Quoting rehmatkhan00
{quote} I do understand difference between live and demo account but I was trying to ask something else and sorry I am new and don’t have much experience that’s why my questions maybe little bit confusing…… anyway I will try to figure out by another way……thanks once again

I am sure you do understand the difference between Live and Demo account. @Tekkies thinks he the smartest person here.
But he does not know the difference between demo and Demo type accounts.


You can also use Myfxbook and FXBlue

https://www.myfxbook.com/

https://www.fxblue.com/
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,743
  • Dec 18, 2023 6:30am Dec 18, 2023 6:30am
Quoting emmanuel7788
{quote} I am sure you do understand the difference between Live and Demo account. @Tekkies thinks he the smartest person here. But he does not know the difference between demo and Demo type accounts. You can also use Myfxbook and FXBlue https://www.myfxbook.com/ https://www.fxblue.com/
yeah, this is what I was trying to ask…… thanks a lot for it
  • #144,744
  • Dec 18, 2023 6:33am Dec 18, 2023 6:33am
Quoting rehmatkhan00
{quote} yeah, this is what I was trying to ask…… thanks a lot for it



@Tekkies will show you .... he has the most experience creating new TE and then removing them when he suffers MARGIN CALL.

He also does no understand the difference between hedging and kedging, Live account and Kedge account.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,745
  • Dec 18, 2023 6:51am Dec 18, 2023 6:51am
Quoting emmanuel7788
{quote} @Tekkies will show you .... he has the most experience creating new TE and then removing them when he suffers MARGIN CALL. He also does no understand the difference between hedging and kedging, Live account and Kedge account.
I hope my trading doesn’t get worse I have already tried some other systems but those were not successful and lost like more than 3000 dollars. Now I am trying to learn by myself and I can clearly see the the difference.
  • #144,746
  • Dec 18, 2023 6:58am Dec 18, 2023 6:58am
Quoting rehmatkhan00
{quote} I hope my trading doesn’t get worse I have already tried some other systems but those were not successful and lost like more than 3000 dollars. Now I am trying to learn by myself and I can clearly see the the difference.
The best way you can improve is to take from this thread what you think is worthy and ignore everything else. You can tell by the posts that neither ~Tekkies or Emmanuel are trying to help anyone new, they are simply trying to score points off of each other, yes both are guilty of it.
  • #144,747
  • Dec 18, 2023 7:04am Dec 18, 2023 7:04am
Quoting lynnc
{quote}The best way you can improve is to take from this thread what you think is worthy and ignore everything else. You can tell by the posts that neither ~Tekkies or Emmanuel are trying to help anyone new, they are simply trying to score points off of each other, yes both are guilty of it.
yeah, I would agree with you that we should only pick things that suits best to us and ignore others which maybe not useful. I think as a new trader, we only need help from seniors and if they start to criticize each other then we will get nothing except disappointment.
  • #144,748
  • Dec 18, 2023 7:10am Dec 18, 2023 7:10am
Quoting rehmatkhan00
{quote} yeah, I would agree with you that we should only pick things that suits best to us and ignore others which maybe not useful. I think as a new trader, we only need help from seniors and if they start to criticize each other then we will get nothing except disappointment.
You can't class Tekkies as a senior because he mostly loses trades and money and scalps a lot. Emmanuel does his best to get people to give up the TDI and just look at price action, so really the best thing to do is to look at Eelfranz's posts and see if the system suits you, it does some and not others.
  • #144,749
  • Dec 18, 2023 7:19am Dec 18, 2023 7:19am
Quoting rehmatkhan00
{quote} I hope my trading doesn’t get worse I have already tried some other systems but those were not successful and lost like more than 3000 dollars. Now I am trying to learn by myself and I can clearly see the the difference.
You won't find it in this thread unless you are really willing to put time / effort into it.
TDI indicator is a repainting indicator that move the green cross red on some candle's one bar back with chart refresh > Post 144,238

In a nutshell all of BigE's post can be summarized into a few points.

=== When TDI give a setup signal > (It only means that this candle is the place where you can start to look for a potential placement of an order)
> Refresh chart.
> Did TDI green cross red (green bounce red)?
> TDI green angle above 2 / below 4?
> Stoch confirming TDI green direction?
===Use post#647 to confirm TDI signal
> Enter at the beginning of candle 1 or 2.

What catch many traders is how to apply the basic price action mentioned in post#647 to avoid not so good setup signals.

That is basically all of what Trading Made Simple consist of.
  • #144,750
  • Dec 18, 2023 7:21am Dec 18, 2023 7:21am
Quoting lynnc
{quote}You can't class Tekkies as a senior because he mostly loses trades and money and scalps a lot. Emmanuel does his best to get people to give up the TDI and just look at price action, so really the best thing to do is to look at Eelfranz's posts and see if the system suits you, it does some and not others.
thank you for guidance …… actually I’m following BigE steps and trying to make everything simple and avoid trade in useless time as it only ends up in loss. This is my second day to trade with BigE method and both days are green and I’m happy that I found this system.
  • #144,751
  • Dec 18, 2023 7:32am Dec 18, 2023 7:32am
Quoting Tekkies
{quote} You won't find it in this thread unless you are really willing to put time / effort into it. TDI indicator is a repainting indicator that move the green cross red on some candle's one bar back with chart refresh > Post 144,238 In a nutshell all of BigE's post can be summarized into a few points. === When TDI give a setup signal > (It only means that this candle is the place where you can start to look for a potential placement of an order) > Refresh chart. > Did...
as far as I know it says when green crosses red we should only get long or short when it’s 1st or 2nd candle but the price should be also considered for example we should see if it is near to resistance or support? Are previous candles small or not ? What’s the overall direction of the trend?
I haven’t included stochastic to my system because I don’t see much benefits and for me TDI is enough if it’s use with HA and PA correctly
  • #144,752
  • Dec 18, 2023 7:33am Dec 18, 2023 7:33am
Quoting rehmatkhan00
{quote} thank you for guidance …… actually I’m following BigE steps and trying to make everything simple and avoid trade in useless time as it only ends up in loss. This is my second day to trade with BigE method and both days are green and I’m happy that I found this system.
Perfect
  • #144,753
  • Dec 18, 2023 7:36am Dec 18, 2023 7:36am
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

EURCHF Dec 18

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GBPCAD Dec 18


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,754
  • Dec 18, 2023 7:39am Dec 18, 2023 7:39am
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

EURGBP Dec 18

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,755
  • Dec 18, 2023 7:42am Dec 18, 2023 7:42am
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

USDCHF Dec18

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,756
  • Dec 18, 2023 7:43am Dec 18, 2023 7:43am
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,757
  • Dec 18, 2023 7:46am Dec 18, 2023 7:46am
Quoting Tekkies
{quote} You won't find it in this thread unless you are really willing to put time / effort into it. TDI indicator is a repainting indicator that move the green cross red on some candle's one bar back with chart refresh > Post 144,238 In a nutshell all of BigE's post can be summarized into a few points. === When TDI give a setup signal > (It only means that this candle is the place where you can start to look for a potential placement of an order) > Refresh chart. > Did...

@Tekkies

You did not learn from your mistakes?

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,758
  • Dec 18, 2023 8:13am Dec 18, 2023 8:13am
Quoting rehmatkhan00
{quote} as far as I know it says when green crosses red we should only get long or short when it’s 1st or 2nd candle but the price should be also considered for example we should see if it is near to resistance or support? Are previous candles small or not ? What’s the overall direction of the trend? I haven’t included stochastic to my system because I don’t see much benefits and for me TDI is enough if it’s use with HA and PA correctly
> PA correctly
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  • #144,759
  • Dec 18, 2023 8:14am Dec 18, 2023 8:14am
Quoting emmanuel7788
{quote} @Tekkies You did not learn from your mistakes? {image} ...
Grow up Vincent.
  • #144,760
  • Dec 18, 2023 8:55am Dec 18, 2023 8:55am
Quoting rehmatkhan00
{quote} as far as I know it says when green crosses red we should only get long or short when it’s 1st or 2nd candle but the price should be also considered for example we should see if it is near to resistance or support? Are previous candles small or not ? What’s the overall direction of the trend? I haven’t included stochastic to my system because I don’t see much benefits and for me TDI is enough if it’s use with HA and PA correctly
Be careful of HA candles, they are to an extant misleading.
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