Trading Made Simple(r)

Quoting Webb1003

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{quote} Damnit, I really don't want to do this with you again Did I do something wrong in your eyes by taking his template and turning it into an indicator with alerts? What rules did I break? Isn't this a method free for all to use, however they would like and possibly add to it from that in the future? He left the door wide open for innovation, not flat out changing everything, which it seems like you seem to think I am. Did you read my post? Did you read that I took the original template and made it into an indicator...

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Quoting pipcruiser

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{quote} This guy is an absolute plague to this forum, I had him on ignore list for as long as I remember, he destroys most threads here on FF. Just ignore the fckr.. PC

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Quoting Tranqility

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I took this EU trade in the Asian session. It broke the rule of the slow stochastic being over the green line, but the blue stochastic was trending down from NY close, RSI and orange stochastics were under 50 and the 8 and 21 MAs had crossed and were under Roscearm's 69 HMA so thought it was worth a shot - almost +2. {image}

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Quoting Roscearm

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{quote} That's a cracker. Nice one

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Quoting Donsama

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"Treat Trading like a business and It will eventually pay you like one".

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Quoting Tranqility

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{quote} Thanks for sharing your trades, it is much appreciated and has been very inspiring. I have had great results with Trading Made Simple(r) over the month and my P/L% is 40% for April. I had a couple of bad days when old habits resurfaced but recouped those losses fairly quickly. Now I am focusing on keeping to the rules, risk management and looking for ways to simplify things further. {image}

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Quoting Roscearm

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{quote} Thanks for sharing your trades, it is much appreciated and has been very inspiring That was one of the reasons for sharing, which is to inspire others to take to this method as I feel it can be life changing. The other reason to share is for myself to evaluate each trade and be accountable (now and also further down the line), and to learn from it, on what works and what doesn't. Really happy to hear about your progress. Only way is up from here. Good on ya my friend!!

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Quoting TraderInTune

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I love the simplicity of this method, but decided to ditch it after a bit of testing as I cannot seem to get the high win rate I would like. I have another method that works with over 90% win rate, but with only 1:1 (Risk:Reward) and a little more analysis, so decided to stick with that one for now. I think Roscearm has hit the sweet spot with this method.

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Quoting emmanuel7788

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{quote} When trading TMS(r) we do not need Win Rate over 90%. You need to achieve positive system Expectancy. You need to develop your Trading System with Statistical Edge ... i.e. Positive Expectancy. {image} Below is how a Risk to Reward 1 to 3 would help you grow an account. You risk $500 per trade and do Position Sizing. The win rate is only 40%. EU Trade once a day, {image} Stop Thinking of and Looking for high win rate ... that only sounds good. ...

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Quoting EK-Trader

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{quote} Good evening, Emmanuel. What tool was used to test the system and on which TF was the test performed? Is it H4?

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Quoting emmanuel7788

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Reply to one PM today: >>> When not to trade ? EU Apr30 ... "its on thin ice" Using the same template#1 look at the Weekly, then the Daily, then the 4Hr When the Daily show big candle, small candles,... that is CONSOLIDATION, when your trading chart show price is in CONSOLIDATION or near a CONSOLIDATION, this is the same you read the two Big E pdfs on Trading Made Simple attached in post #1. {image}

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