Believe in what you do | Forex Factory

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Believe in what you do

  • #1
  • First Post: Edited 10:13pm Apr 29, 2024 9:26pm | Edited 10:13pm
If we do not believe we can make money in trading than we should stop and think.
Why we are trading and for what reason we are trading.

No one can predict market movement and no one can stop market from moving.

When we believe we can do it put all your Energy and Focus on 1 goal 1 target.
How to make money from this market.

I 100% believe that we can make money from this market if you know what we are doing and we should that do lot of research on our strategy before we ask anyone to code, reason what we saw in history is not wrong but it is not 100% correct as well.

Reason 70-75% trades repaint.
Reason of repaint : Current candle only 1 point do not repaint when candle OPEN.
No one can tell when candle is going to close and what will be the high and what will be the low.

Now you have to focus on re paint signals because they are more than signals you can see on charts.

25-30% signals what we see on chart also all do not hit profit.
out of them 30-40% hit profit.
Means overall out of 100 trade 70 repaint which means they all hit loss.
Balance 30 trades also have 50% ++ loosing trades.
15 more losing trades.

Out of 100 85 ++ trades are loosing trades and we are focusing on 15% trades which which end our account to Zero now or then.

We should focus on 85% which is majority.

How these loosing trades react in history can than we can forward test on live market do they react same way in live market again and again because they are re paint signals and they always hit SL.

look on that side of the charts not where you get only 15% trades which make win for you.
We can not filter 15% winning trades out of 100 trades.
But we can filter 15% from 85% loosing trades.
Because they are design to be lost.
There is no other way for these loosing trades, these losing trades react the same way by hitting SL every time and make signal re paint.
  • #2
  • Apr 29, 2024 9:55pm Apr 29, 2024 9:55pm
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  • #3
  • Apr 29, 2024 10:02pm Apr 29, 2024 10:02pm
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  • #4
  • Apr 29, 2024 10:18pm Apr 29, 2024 10:18pm
Note to the uninitiated:

There is a difference between a random market and price movement and a stochastic market and price movement, though both terms are sometimes used interchangeably and wrongly.

The definition of a random price movement is such that the movement is unpredictable. This means that anybody using a forecast of a random price movement in his trading would be correct in 50% of the cases and would be wrong in the other 50% of the cases. That is a definition of gambling. Without going into the mathematics of the calculation of risk, it is safe to say that nobody could make money trading in a random market.

Luckily, we are not gambling as the market is not random but it is STOCHASTIC. In a stochastic market and price movement there are repeatable patterns and structures that can be uncovered and verified by scientific research. These patterns and structures can then be used for the forecasting of both the short-term as well as the long-term movement of price and can be used in profitable trading.

Thus, the Profit to Loss ratio in our manual and/or automatic trading algorithms is 70%, 80% or even 90% with an average of over 80%.
  • #5
  • Apr 29, 2024 10:26pm Apr 29, 2024 10:26pm
Quoting Eurorally
Note to the uninitiated: There is a difference between a random market and price movement and a stochastic market and price movement, though both terms are sometimes used interchangeably and wrongly. The definition of a random price movement is such that the movement is unpredictable. This means that anybody using a forecast of a random price movement in his trading would be correct in 50% of the cases and would be wrong in the other 50% of the cases. That is a definition of gambling. Without going into the mathematics of the calculation of risk,...
Great my friend you have 70% win rate you must be Millionaire by now.
in 3 years Math says you will be Billionaire.
Congratulations for your success in advance.
  • #6
  • Apr 29, 2024 10:29pm Apr 29, 2024 10:29pm
No need to be facetious.
  • #7
  • Apr 29, 2024 10:44pm Apr 29, 2024 10:44pm
Quoting Eurorally
No need to be facetious.
My Friend I am not facetious, You mention above
--------------------------------------------------------------------------------------------------------------
Without going into the mathematics of the calculation of risk, it is safe to say that nobody could
make money trading in a random market.

Thus, the Profit to Loss ratio in our manual and/or automatic trading algorithms is 70%, 80% or
even 90% with an average of over 80%.
---------------------------------------------------------------------------------------------------------------

I only use your Lowest win rate 70%
If I use 90% than you are Going to be Trillionaire soon.
Please my friend teach me I also want to become Trillionaire.
Teach me 90% winning trades Logic and strategy.
you can post here your secret recipe, We also can make some money, do not worry you will be the No 1 Rich and Successful trader of all times.
We just follow your footsteps.
  • #8
  • Apr 29, 2024 10:48pm Apr 29, 2024 10:48pm
Please see in my image i mention clearly 85% are loosing trades because 70% are re paint trades.
So what ever strategy you use keep in mind there are always re paint trades.

I have done lot of research so I am telling you from years of Experience.
I have spend time and lot of money.
I do not know and I have never seen straight 90% winning trades until and unless it is arbitrage or HFT trading.
No broker allows these trading systems.
  • #9
  • Apr 29, 2024 10:52pm Apr 29, 2024 10:52pm
As a second thought, Mike 1108: How did you calculate all this?

BTW, I said over 80% average Profit to Loss ratio, not 70%.

At any rate, it is entirely sufficient to make 5 to 15 trades in the first 90 to 120 minutes of trading in New York and make a few hundred dollars a day.
There are about 22 trading days a month.

The whole thing multiplies if you have both the guts and the funds.

You do the math. So much for being a millionaire, a billionaire, a trillionaire or whatever the faulty math tells you.

As a side issue: Please realize that with the 15% success rate you propose on your trades, you would generate only losses.
It is a simple math: (The average size of your Profit Target per trade times 0.15) minus (the size of your Stop Loss times 0.85) equals your Net Profit or Loss
Thus, your average Profit Target you would have to consistently hit would have to be 5.67 times (0.85 divided by 0.15) bigger than your Stop Loss just to break even, never mind making any profit.

I am sorry I cannot sound more encouraging. Good luck in your trading!
  • #10
  • Apr 29, 2024 10:55pm Apr 29, 2024 10:55pm
Quoting Eurorally
Note to the uninitiated: There is a difference between a random market and price movement and a stochastic market and price movement, though both terms are sometimes used interchangeably and wrongly. The definition of a random price movement is such that the movement is unpredictable. This means that anybody using a forecast of a random price movement in his trading would be correct in 50% of the cases and would be wrong in the other 50% of the cases. That is a definition of gambling. Without going into the mathematics of the calculation of risk,...
Your this line is clearly telling you sell systems.
----------------------------------------------------------------------------------
Thus, the Profit to Loss ratio in our manual and/or automatic trading
algorithms is 70%, 80% or even 90% with an average of over 80%.
----------------------------------------------------------------------------------

If you are selling system which can make so much money please you should earn and become billionaire yourself
why you sell your secret so cheap.
or
you can start copy trading make money and people copy you and share profits or monthly fees.

I respect people who are Honest.
If you are making money we all can follow your footsteps.
Please let us know.
We will wait for your kind reply.
  • #11
  • Apr 29, 2024 10:57pm Apr 29, 2024 10:57pm
Quoting Eurorally
As a second thought, Mike 1108: How did you calculate all this? BTW, I said over 80% average Profit to Loss ratio, not 70%. At any rate, it is entirely sufficient to make 5 to 15 trades in the first 90 to 120 minutes of trading in New York and make a few hundred dollars a day. There are about 22 trading days a month. The whole thing multiplies if you have both the guts and the funds. You do the math. So much for being a millionaire, a billionaire, a trillionaire or whatever the faulty math tells you. As a side issue: Please realize that with the...
I never mention above my trading is having 80% or 90% win rate.
I never mention use my strategy.
I am saying I would Love to follow your system.
Please guide us.
  • #12
  • Apr 29, 2024 11:01pm Apr 29, 2024 11:01pm
Quoting Eurorally
As a second thought, Mike 1108: How did you calculate all this? BTW, I said over 80% average Profit to Loss ratio, not 70%. At any rate, it is entirely sufficient to make 5 to 15 trades in the first 90 to 120 minutes of trading in New York and make a few hundred dollars a day. There are about 22 trading days a month. The whole thing multiplies if you have both the guts and the funds. You do the math. So much for being a millionaire, a billionaire, a trillionaire or whatever the faulty math tells you. As a side issue: Please realize that with the...
If you are smart you must have understood what i am trying to tell in my Logic.

You are super smart you are making too much money, you should not waste your time on reading people post and reply them and message them.
You must focus on NY morning session and make your money my friend.
If you want people to make money start copy trading, We will happy make money following your trading.
  • #13
  • Apr 29, 2024 11:06pm Apr 29, 2024 11:06pm
Quoting Eurorally
As a second thought, Mike 1108: How did you calculate all this? BTW, I said over 80% average Profit to Loss ratio, not 70%. At any rate, it is entirely sufficient to make 5 to 15 trades in the first 90 to 120 minutes of trading in New York and make a few hundred dollars a day. There are about 22 trading days a month. The whole thing multiplies if you have both the guts and the funds. You do the math. So much for being a millionaire, a billionaire, a trillionaire or whatever the faulty math tells you. As a side issue: Please realize that with the...
You are very good in Math.
Your average ratio to your winning profits are over 80%
Not your winning trades.

My friend winning trades can make small profits but you have the HOLY grail.
80% over profit ratio wowwwww.
You can become Billionaire within 1 year my friend.
Means I can make 80% ++ profits than my losses are as low as 20%
If I risk 1% on each trade I can earn 8K with 10K account because 80% is profit ratio.
  • #14
  • Edited 12:42pm Apr 30, 2024 6:32am | Edited 12:42pm
Read carefully this system alone can not make profits, you can use it with your existing trading system.
  • #15
  • Apr 30, 2024 6:50am Apr 30, 2024 6:50am
You can use this step in your current strategy to get high profitable trades.
  • #16
  • Apr 30, 2024 8:26am Apr 30, 2024 8:26am
Quoting Mike1108
{image}
put/ show horizontal lines for entries and exits (sl & tp) please
  • #17
  • Apr 30, 2024 8:32am Apr 30, 2024 8:32am
Quoting oo7rai
{quote} put/ show horizontal lines for entries and exits (sl & tp) please
My friend
This system or any system alone can not make profits, this system also have losses, If you have any system than you can add this as a filter to your system and see when you have a buy or sell if this system match on that buy or sell you can open that trade/

this system will help you to filter selected winning trades.

I will mark SL and TP in the image as you have mention.
  • #18
  • Edited 9:16am Apr 30, 2024 8:41am | Edited 9:16am
Quoting oo7rai
{quote} put/ show horizontal lines for entries and exits (sl & tp) please
Attached Image (click to enlarge)
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  • #19
  • Apr 30, 2024 8:54am Apr 30, 2024 8:54am
Quoting Mike1108
{quote} {image}
still not very clear with #0 and #1 candles

do they need to have any specific color or length?
  • #20
  • Apr 30, 2024 9:16am Apr 30, 2024 9:16am
Quoting oo7rai
{quote} still not very clear with #0 and #1 candles do they need to have any specific color or length?
#1 Candle total pips from high to low = 921 Points
#0 Candle total pips from high to low = 684 Points
When #0 Candle low breakout I open sell using #0 Candle high as SL
SL = 684 points
I use R R 1 : 1
Than target will be 684 points as well.
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