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Indicator Free Trading - Skunny

  • #1,501
  • Jan 10, 2008 10:00am Jan 10, 2008 10:00am
Quoting price
You should retrade an entire year when you have time.

All of you that haven't retraded a year or better need to make it job 1.
***************************
Hello Skunny,
Retrade an entire year, how do you go about doing that? I'm with oanda, and I would love to retrade a year. I got a couple ideas but I'd like to hear yours. Thanks, Price
You can retrade by opening a free demo at any mt4 broker( I have 5) IBFX, Alpari are a few. I prefer a broker that opens at 0:00GMT.

After that you need to follow the instructions in the beginning of the thread about vHands. Blueruby also put a thread together on how to do this. Link is in the first 10 pages I think.
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  • #1,502
  • Jan 10, 2008 10:01am Jan 10, 2008 10:01am
Quoting Skunny
I have a question for anyone viewing this thread.


What is the definition of a "professional trader"? I ask this in all seriousness.

Do you need to manage client funds? Do you need to graduate from some course? Is there a code of ethics? Do you need to be successful or just professional? An adviser? I know of some self proclaimed professional traders, but I wanted to know if there is something that qualifies a trader as a professional. I have no intention on being one or calling myself one, I just wanted to know

Thanks in advance.
My answers are No,no,no, ya you need to be successful and earn a living at it, no(don't have to be an adviser but it's usually pretty helpful in becoming a pro
  • #1,503
  • Jan 10, 2008 10:02am Jan 10, 2008 10:02am
[quote=Skunny;1795513]I have a question for anyone viewing this thread.


What is the definition of a "professional trader"? I ask this in all seriousness.

Do you need to manage client funds? Do you need to graduate from some course? Is there a code of ethics? Do you need to be successful or just professional? An adviser? I know of some self proclaimed professional traders, but I wanted to know if there is something that qualifies a trader as a professional. I have no intention on being one or calling myself one, I just wanted to know

Thanks in advance.[/quo

Firstly skunny, congrats on your 1500 posts!!!

I heard a definition that a professional was anyone who was making money at trading. That came from some trading school. If you think about it, they even used to call some women "professionals" if you know what I mean.
  • #1,504
  • Jan 10, 2008 10:04am Jan 10, 2008 10:04am
[quote=macbow;1795525]
Quoting Skunny
I have a question for anyone viewing this thread.


What is the definition of a "professional trader"? I ask this in all seriousness.

Do you need to manage client funds? Do you need to graduate from some course? Is there a code of ethics? Do you need to be successful or just professional? An adviser? I know of some self proclaimed professional traders, but I wanted to know if there is something that qualifies a trader as a professional. I have no intention on being one or calling myself one, I just wanted to know

Thanks in advance.[/quo

Firstly skunny, congrats on your 1500 posts!!!

I heard a definition that a professional was anyone who was making money at trading. That came from some trading school. If you think about it, they even used to call some women "professionals" if you know what I mean.
LOL, nice Mac
Robonacci com
  • #1,505
  • Jan 10, 2008 10:05am Jan 10, 2008 10:05am
Quoting Skunny
You can retrade by opening a free demo at any mt4 broker( I have 5) IBFX, Alpari are a few. I prefer a broker that opens at 0:00GMT.

After that you need to follow the instructions in the beginning of the thread about vHands. Blueruby also put a thread together on how to do this. Link is in the first 10 pages I think.
OK thanks, yea I've seen the vHands, boy I sure wish I could retrade my charts - the ones that I look at everyday. But I 100% agree with you, gotta be done. I think backtesting doesn't hold a 'candle' to retrading .
  • #1,506
  • Jan 10, 2008 10:19am Jan 10, 2008 10:19am
Quoting Skunny
I have a question for anyone viewing this thread.


What is the definition of a "professional trader"? I ask this in all seriousness.

Do you need to manage client funds? Do you need to graduate from some course? Is there a code of ethics? Do you need to be successful or just professional? An adviser? I know of some self proclaimed professional traders, but I wanted to know if there is something that qualifies a trader as a professional. I have no intention on being one or calling myself one, I just wanted to know

Thanks in advance.
What is a professional "anything"?
Most career "professionals" have some kind of tertiary education, degrees, professional qualifications, etc. etc.

Personally, I don't like to call myself names {just other folks :}, so I'm not going to say I am one.
But it is in the conduct for me, and to a degree, time spent becoming "professional"/"proficient" in what you do, not just trading.
Being diplomatic, objective, having empathy, the list goes on, but basically, "the way one conducts ones self", I think makes you professional, not A PROFESSIONAL.

Another one is "Expert"
An old boss of mine used to say, "...don't call me that. Do you know the definition of an expert? Let me tell you:
An EX is a hasbeen
A SPURT is a drip under pressure
You calling me a hasbeen-drip-under-pressure?!" {and then proceed to kick @ss all round the office}

Coincidentally, he really was very good at what he did.
So, makes you think though, no?
{Again with the brain-strain Skunny!}

Carpe Divitiae
  • #1,507
  • Jan 10, 2008 10:20am Jan 10, 2008 10:20am
Quoting Skunny
I have a question for anyone viewing this thread.


What is the definition of a "professional trader"? I ask this in all seriousness.

Do you need to manage client funds? Do you need to graduate from some course? Is there a code of ethics? Do you need to be successful or just professional? An adviser? I know of some self proclaimed professional traders, but I wanted to know if there is something that qualifies a trader as a professional. I have no intention on being one or calling myself one, I just wanted to know

Thanks in advance.
IMHO I think that a person who knows ins and outs of his doingness and apply it successfully and consistently is a Professional of what ever he is doing.
Any other words just significances and have nothing to do with being a Professional!
thanks
  • #1,508
  • Jan 10, 2008 10:44am Jan 10, 2008 10:44am
Quoting fsiltd
What is a professional "anything"?
Most career "professionals" have some kind of tertiary education, degrees, professional qualifications, etc. etc.

Personally, I don't like to call myself names {just other folks :}, so I'm not going to say I am one.
But it is in the conduct for me, and to a degree, time spent becoming "professional"/"proficient" in what you do, not just trading.
Being diplomatic, objective, having empathy, the list goes on, but basically, "the way one conducts ones self", I think makes you professional, not A PROFESSIONAL.

Another one is "Expert"
An old boss of mine used to say, "...don't call me that. Do you know the definition of an expert? Let me tell you:
An EX is a hasbeen
A SPURT is a drip under pressure
You calling me a hasbeen-drip-under-pressure?!" {and then proceed to kick @ss all round the office}

Coincidentally, he really was very good at what he did.
So, makes you think though, no?
{Again with the brain-strain Skunny!}

Well..... this was along the lines of what I was thinking as well.

To me, professional isn't something you label yourself with. It is more how you are perceived. If one is courteous, helpful and ethical others might suggest he/she is a professional. Thus my original question. When someone calls themselves a professional, what does that mean? Why do they tell me that? I can tell you I'm a Broker, but I can prove it with a license/certifications and the department of commerce is happy to share that info with anyone. But, I don't have any certifications that I'm a professional (although I hope my clients think so).
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  • #1,509
  • Jan 10, 2008 10:49am Jan 10, 2008 10:49am
Quoting Skunny
Well..... this was along the lines of what I was thinking as well.

To me, professional isn't something you label yourself with. It is more how you are perceived. If one is courteous, helpful and ethical others might suggest he/she is a professional. Thus my original question. When someone calls themselves a professional, what does that mean? Why do they tell me that? I can tell you I'm a Broker, but I can prove it with a license/certifications and the department of commerce is happy to share that info with anyone. But, I don't have any certifications that I'm a professional (although I hope my clients think so).
Along those lines, a professional trader would have to prove it with his account statement.
  • #1,510
  • Jan 10, 2008 10:51am Jan 10, 2008 10:51am
Quoting fsiltd

Another one is "Expert"
An old boss of mine used to say, "...don't call me that. Do you know the definition of an expert? Let me tell you:
An EX is a hasbeen
A SPURT is a drip under pressure
You calling me a hasbeen-drip-under-pressure?!" {and then proceed to kick @ss all round the office}

Coincidentally, he really was very good at what he did.
So, makes you think though, no?
{Again with the brain-strain Skunny!}

From now on..I'm an expert at NOTHING!
  • #1,511
  • Jan 10, 2008 11:02am Jan 10, 2008 11:02am
Quoting macbow
Along those lines, a professional trader would have to prove it with his account statement.
I'm thinking in the "trading world" that if your tax return suggest you trade for a living, you might suggest you are a professional. I'm still unclear on why you would call yourself one if there is no official certification.
Robonacci com
  • #1,512
  • Jan 10, 2008 11:08am Jan 10, 2008 11:08am
Quoting Skunny
I'm thinking in the "trading world" that if your tax return suggest you trade for a living, you might suggest you are a professional. I'm still unclear on why you would call yourself one if there is no official certification.
The same concept could apply to us horse trainers. Can just anyone hang their shingle out ? In our game it is clarified as receiving any monies for either training horses or giving riding lessons, to distinguish from those who are eligible to enter non-professional classes.

There are plenty of professionals that you wonder why they do it , but bottom lines is they must be making some money out of it.

If you would like a certificate I could make one up for you Skunny...make if real official looking!!
  • #1,513
  • Jan 10, 2008 11:08am Jan 10, 2008 11:08am
Quoting Islander
Might it be better just to stay with the major pairs rather than any crosses?

I would suggest GU and UJ as that allows us to interpolate GJ - adding € would allow the same for EJ.

good idea gu uj

GJ! GJ! GJ!!!!

WOOHOO!!!!!!


  • #1,514
  • Jan 10, 2008 11:16am Jan 10, 2008 11:16am
Quoting Skunny
What is the definition of a "professional trader"? I ask this in all seriousness.
Hmmm.....a little philosophy break......cool...

From a KISS perspective, it would seem to me that being a professional (in any occupational endeavor) would come down to having a skill-set and being able to get paid for it's utilization. There are a lot of folks with skills and training that they don't use.

I may be a better golfer than Tiger Woods but if I don't join some tour or teach and earn a check.....do I call myself a pro?

I may be a better hitter than A-Rod but if I never play baseball....do I call myself a pro?

I may have a realtor's license but if I've never sold a house.....am I a professional or just a guy who passed a test?

Along that line of thought.....anyone who has developed a skill-set as a trader and can earn a consistent income is a "professional trader" in my book......IMHO.
  • #1,515
  • Jan 10, 2008 11:16am Jan 10, 2008 11:16am
Quoting dagoods
good idea gu uj

GJ! GJ! GJ!!!!

WOOHOO!!!!!!

Another dragon slayer.
Yeah, bring it!
Carpe Divitiae
  • #1,516
  • Jan 10, 2008 11:19am Jan 10, 2008 11:19am
So let's end this conversation on a serious note:

What we've come up with is.......you can be Bo'bokus (seen here) and call yourself a professional trader if you make money and/or assist/manage...... or whatever.
Attached Image
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  • #1,517
  • Jan 10, 2008 11:20am Jan 10, 2008 11:20am
Quoting Brunite
Hmmm.....a little philosophy break......cool...

From a KISS perspective, it would seem to me that being a professional (in any occupational endeavor) would come down to having a skill-set and being able to get paid for it's utilization. There are a lot of folks with skills and training that they don't use.

I may be a better golfer than Tiger Woods but if I don't join some tour or teach and earn a check.....do I call myself a pro?

I may be a better hitter than A-Rod but if I never play baseball....do I call myself a pro?

I may have a realtor's license but if I've never sold a house.....am I a professional or just a guy who passed a test?

Along that line of thought.....anyone who has developed a skill-set as a trader and can earn a consistent income is a "professional trader" in my book......IMHO.
Well said Brunite
Robonacci com
  • #1,518
  • Jan 10, 2008 11:22am Jan 10, 2008 11:22am
Quoting Skunny
So let's end this conversation on a serious note:

What we've come up with is.......you can be Bo'bokus (seen here) and call yourself a professional trader if you make money and/or assist/manage...... or whatever.
Do you still want you certificate?
  • #1,519
  • Jan 10, 2008 11:25am Jan 10, 2008 11:25am
Quoting macbow
Do you still want you certificate?
I'll wait for a bit.
Robonacci com
  • #1,520
  • Jan 10, 2008 11:28am Jan 10, 2008 11:28am
Quoting Skunny
So let's end this conversation on a serious note:

What we've come up with is.......you can be Bo'bokus (seen here) and call yourself a professional trader if you make money and/or assist/manage...... or whatever.
I hope that Bo has a nice bathing suit to fit into.....

....for when we all meet in a year or two at "SKUNNYFEST".....to be held at some lush tropical, sea-side resort.
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