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Ultimate Successful Trading Technique

  • #41
  • Mar 16, 2007 10:09pm Mar 16, 2007 10:09pm
Quoting parlenk
'Emm..I always.."Huu?" each time i read your post Mr.Scoot. I read it a lot but still...or should i say "Ohh yes that's him again..and again..

Btw..I hold my self not to click on this thread since it 100% yada2..but i saw the last post present by Mr.Bemac thats why i hop in...darn i hope u tired soon enough of finding your 100% and join the flow.C'mon stop it..it's hurting u again and again...Have fun all
I know I often post cryptic clues and perhaps there are some hidden clues in your post, but, as yet, I haven't found them.

ps. actually I'm glad I incited you to speak up. so to speak.
Forums are made of Speakers and Listeners. Take your pick.
  • #42
  • Mar 17, 2007 10:12am Mar 17, 2007 10:12am
FXTERMINATOR. That is sucker bait you are reading. A planted article by the trading powers. Its impossible for any system to be profitable over time of more than 50 50 break even less costs/fees/charges. Proven by math, has been done. You do the math. If it were possible the wealthy would have that system and take all the money from the mkt. The wealthy can hire men/knowledge/systems/hold thru losses/handle draw downs/can experment/can research/have time/can corrupt the mkts/can fade others trades/etc. Hey! there is no highly/lowley profitable system that will be good for any time. The little guy's system will always go broke. Their own broker will fade them out of their money.
# 2. For a system to work the mkts would need be RANDOM...they are NEVER random...they are rigged by Banks/News/ speakers/timing/ wars/peace/politics/ elections/etc./etc. Then any system only sets up after-the-fact and after the fact stuff misses the big runs...its all over baby. ever hear of GAPS/huge moves in seconds/whip saw/etc. Your systems are, always based, in arrears with its signals. Your system will lose its @$$ & so will you. Go google the natural gas guy trader here about six months ago...the big brokers even admitted that three big brokers got togather & broke him. He operated for two /three years then they broke him by several billion...his loss their gain. Also see wall St Journal on same guy & the three articles in journal, on the same date, where the admission were made. (They said they diden't do it on purpose...just was business as usual...yea, really.?) Can't remember the guys name but, look under Natural Gas futures loss billions. Its o.k. to fool others as your article is doing for the sake of the trading business but, do not fool yourself. (Trader volume must be dropping off to have an article like that planted at this time...)
  • #43
  • Mar 17, 2007 11:07am Mar 17, 2007 11:07am
Quoting jose
FXTERMINATOR. That is sucker bait you are reading. A planted article by the trading powers. Its impossible for any system to be profitable over time of more than 50 50 break even less costs/fees/charges. Proven by math, has been done. You do the math. If it were possible the wealthy would have that system and take all the money from the mkt. The wealthy can hire men/knowledge/systems/hold thru losses/handle draw downs/can experment/can research/have time/can corrupt the mkts/can fade others trades/etc. Hey! there is no highly/lowley profitable system that will be good for any time. The little guy's system will always go broke. Their own broker will fade them out of their money.
# 2. For a system to work the mkts would need be RANDOM...they are NEVER random...they are rigged by Banks/News/ speakers/timing/ wars/peace/politics/ elections/etc./etc. Then any system only sets up after-the-fact and after the fact stuff misses the big runs...its all over baby. ever hear of GAPS/huge moves in seconds/whip saw/etc. Your systems are, always based, in arrears with its signals. Your system will lose its @$$ & so will you. Go google the natural gas guy trader here about six months ago...the big brokers even admitted that three big brokers got togather & broke him. He operated for two /three years then they broke him by several billion...his loss their gain. Also see wall St Journal on same guy & the three articles in journal, on the same date, where the admission were made. (They said they diden't do it on purpose...just was business as usual...yea, really.?) Can't remember the guys name but, look under Natural Gas futures loss billions. Its o.k. to fool others as your article is doing for the sake of the trading business but, do not fool yourself. (Trader volume must be dropping off to have an article like that planted at this time...)
Jose, what works then? I just follow what the chart does... will following the price fail one day?
The market is my nation. Traders, my family. Hello, brothers and sisters!
  • #44
  • Mar 17, 2007 12:23pm Mar 17, 2007 12:23pm
The best trading system comes with a price..... Lots of capital and thats why none of us can perfect it, because we as individuals don't have the amount capital involved. I am going to explain the system here, so if any of you make a million dollars from this idea, please let me know and I will pick my rolls royce up.
The system is as follows:
1.Secure lots of cash.
2. Trade any pair, but mainly gbp/jpy
3.Just take a position either buy or sell, but you got to maintain that position.
4. If you decide to buy, then straddle buy orders every 50 pis the market is moving against your position.
5. take profit every 100 pips.
6. get a full time job to keep you away from the computer.
7. have patient.
8. lastly, remember, whatever goes up must come down, even it takes 10 years.

Guys, I tried this on a $50,000 demo and doubled the account in 4 months just trading the gbp/jpy.

kingmaker
  • #45
  • Mar 17, 2007 12:52pm Mar 17, 2007 12:52pm
Quoting kingmaker
The best trading system comes with a price..... Lots of capital and thats why none of us can perfect it, because we as individuals don't have the amount capital involved. I am going to explain the system here, so if any of you make a million dollars from this idea, please let me know and I will pick my rolls royce up.
The system is as follows:
1.Secure lots of cash.
2. Trade any pair, but mainly gbp/jpy
3.Just take a position either buy or sell, but you got to maintain that position.
4. If you decide to buy, then straddle buy orders every 50 pis the market is moving against your position.
5. take profit every 100 pips.
6. get a full time job to keep you away from the computer.
7. have patient.
8. lastly, remember, whatever goes up must come down, even it takes 10 years.

Guys, I tried this on a $50,000 demo and doubled the account in 4 months just trading the gbp/jpy.

kingmaker
Hi Kingmaker

Can you please say more about this system and is this the same system as Zeekans oringinal post
It's All About Attitude ...
  • #46
  • Mar 17, 2007 2:19pm Mar 17, 2007 2:19pm
Dear Colleagues,

I will give little more insight of my trading technique during this reply,so please keep reading.

I tend to disagree with king maker that you need a lot of capital, you can be successful with a small capital, thats what my technique is about. The growth is steady & you know you are not going to lose.

I had two more successful trades closed last week making it 55 wins out of 55 without a loss. 100% success rate.

I wanted to share my technique with individuals but i was advised not to do so, because people come to forex with wrong expectations, to achieve their wishes of overnight riches they become impatient & take risks, that leads to failure. I do not want my technique to go that way & i will keep my technique in its original form

I am amazed that so many traders think that their is only one way of trading forex, i.e. enter, have a stop in place, have a limit set & risk 2% of your account on each trade & have a good money management system in place. That is all perfect, but i want to introduce to the traders a technique where all these terms do not exist. I still want to stress on this point, that there are systems advertised which are better then mine, might have better returns & which make you rich much earlier. I am not competing against anybody. I only want to bring to the attention of traders an alternate technique that exists which people can benefit from. I think i should have called it an ULTIMATE TRADING REVOLUTION.

TRADING INSIGHT:

First i call it a Technique not a system, though it is based upon an indicator. My trading terminology is different from everybody.

I wait for a pair to reach a price, which i call a TRADING ZONE. How do i determine it, i will dwell on it at a later time. Unless the price is in a trading zone there is no need to trade it.

Once a trading zone is reached then my indicator can give me a Trigger, to buy or sell a pair. It could be one trigger or 10 triggers, i will take them all as long as the currency stays within the zone. All these triggers within a zone are called Trade Complex.

My minimum target is 100 pips, or when the currency pair exits the trading zone. Again i do not stress on pips. I stress on Position sizing. I use mathematical formula i have devised to calculate position sizing.

For my technique you need a broker that allows you to trade different lot sizes. Only mini position(1 pip equals 1 dollar) or 100K (1 pip equals 10 dollars) want do.

I look at the chart once a day at 5:00 pm EST, it takes me 20 minutes, if my pair is in trading zone & there is a trigger, i will do mathematical calculations to determine position sizing which will take me another 20 minutes, & after that i have nothing to do with the computers or charts till the next day. I dont even care about all news that come out, not even non-farm pay roll bother my positions.

I will not go into more specifics at this time. I will first try to prove to every body that some thing revolutionary like this exists, but to do this, i will let every body here on forex factory know when a pair enters a trading zone, & when it is going to exit. Once it exits i will post the results of all my triggers for every body to see.

At present time EUR/USD only is in trading zone. I have only one trigger at present, i dont know how many more triggers i will get, but i know all of these will be successful. The EUR/USD will exit the zone at 1.3220. Once it reaches this level you will see the results of all triggers.

Again my technique key words are discipline & patience. I will close at a light note, i am a surgeon by profession. I still remember our six years of hard & rigorous training during residency. One of my colleague had an an idea that surgery is technical & if you learn how to operate it should not take 6 years. One day during an operation he mentioned to our Professor, that it should not take six years to learn surgical operations, once you have seen & assisted in one you should be able to perform it, so why keep on assisting in the same procedure year after year. The Professor, looked at him, stopped doing what he was doing & said, look my son the answer to your question is " SEE ONE, ASSIST ONE, DO ONE & KILL ONE".

So my friends the key word is patience. Please wait for EUR/USD to hit 1.3220 & my results.

I will attach copy of my past trades with this post. Actually i saved it on Word so it looks odd but at least it conveys the message

ZeeKans
Attached File(s)
File Type: zip Trade History.zip   158 KB | 792 downloads
  • #47
  • Mar 17, 2007 2:32pm Mar 17, 2007 2:32pm
Quoting zeekans
...

So my friends the key word is patience.

ZeeKans
On a lighter note I would say the Keyword is "Patients" :
  • #48
  • Edited 2:57pm Mar 17, 2007 2:43pm | Edited 2:57pm
hi zeekans

when it reaches this 1.3220,
are you shorting or longing?
sorry to be skeptical,
I've seen numerous traders like yourself, on numerous forums,
who come on, and say how great there new system is, cause a stir,
then never reveal how they trade, and just end up arguing with everyone they can.

I sure hope you are not one of these jokers that likes to waste peoples time.

oh and no i don't personally care if you ever post your system, as I have
good teacher here on FF and dont' need anything else, i just hope you
don't waste a whole bunch of peoples time, if i have you wrong, I apologies.

Regards westie

"So my friends the key word is patience. Please wait for EUR/USD to hit 1.3220 & my results"
  • #49
  • Mar 17, 2007 3:20pm Mar 17, 2007 3:20pm
Quoting kingmaker

Guys, I tried this on a $50,000 demo and doubled the account in 4 months just trading the gbp/jpy.

kingmaker
If you can double an account in 4 months.. why do you need a lot of capital to start with? And if I am not mistaken you are speaking of an average down or grid system right? If you added to the gbp/jpy LONG every 50 pips starting in January you would be down many thousands right now.

I dont necessarily disagree with you, I just think you need to do more than just put in a dozen or so limit orders with 100 TP. What if the market goes to 2002 levels?
The market is my nation. Traders, my family. Hello, brothers and sisters!
  • #50
  • Mar 17, 2007 4:16pm Mar 17, 2007 4:16pm
Quoting zeekans
Dear Colleagues,

I will give little more insight of my trading technique during this reply,so please keep reading.

I tend to disagree with king maker that you need a lot of capital, you can be successful with a small capital, thats what my technique is about. The growth is steady & you know you are not going to lose.

I had two more successful trades closed last week making it 55 wins out of 55 without a loss. 100% success rate.

I wanted to share my technique with individuals but i was advised not to do so, because people come to forex with wrong expectations, to achieve their wishes of overnight riches they become impatient & take risks, that leads to failure. I do not want my technique to go that way & i will keep my technique in its original form

I am amazed that so many traders think that their is only one way of trading forex, i.e. enter, have a stop in place, have a limit set & risk 2% of your account on each trade & have a good money management system in place. That is all perfect, but i want to introduce to the traders a technique where all these terms do not exist. I still want to stress on this point, that there are systems advertised which are better then mine, might have better returns & which make you rich much earlier. I am not competing against anybody. I only want to bring to the attention of traders an alternate technique that exists which people can benefit from. I think i should have called it an ULTIMATE TRADING REVOLUTION.

TRADING INSIGHT:

First i call it a Technique not a system, though it is based upon an indicator. My trading terminology is different from everybody.

I wait for a pair to reach a price, which i call a TRADING ZONE. How do i determine it, i will dwell on it at a later time. Unless the price is in a trading zone there is no need to trade it.

Once a trading zone is reached then my indicator can give me a Trigger, to buy or sell a pair. It could be one trigger or 10 triggers, i will take them all as long as the currency stays within the zone. All these triggers within a zone are called Trade Complex.

My minimum target is 100 pips, or when the currency pair exits the trading zone. Again i do not stress on pips. I stress on Position sizing. I use mathematical formula i have devised to calculate position sizing.

For my technique you need a broker that allows you to trade different lot sizes. Only mini position(1 pip equals 1 dollar) or 100K (1 pip equals 10 dollars) want do.

I look at the chart once a day at 5:00 pm EST, it takes me 20 minutes, if my pair is in trading zone & there is a trigger, i will do mathematical calculations to determine position sizing which will take me another 20 minutes, & after that i have nothing to do with the computers or charts till the next day. I dont even care about all news that come out, not even non-farm pay roll bother my positions.

I will not go into more specifics at this time. I will first try to prove to every body that some thing revolutionary like this exists, but to do this, i will let every body here on forex factory know when a pair enters a trading zone, & when it is going to exit. Once it exits i will post the results of all my triggers for every body to see.

At present time EUR/USD only is in trading zone. I have only one trigger at present, i dont know how many more triggers i will get, but i know all of these will be successful. The EUR/USD will exit the zone at 1.3220. Once it reaches this level you will see the results of all triggers.

Again my technique key words are discipline & patience. I will close at a light note, i am a surgeon by profession. I still remember our six years of hard & rigorous training during residency. One of my colleague had an an idea that surgery is technical & if you learn how to operate it should not take 6 years. One day during an operation he mentioned to our Professor, that it should not take six years to learn surgical operations, once you have seen & assisted in one you should be able to perform it, so why keep on assisting in the same procedure year after year. The Professor, looked at him, stopped doing what he was doing & said, look my son the answer to your question is " SEE ONE, ASSIST ONE, DO ONE & KILL ONE".

So my friends the key word is patience. Please wait for EUR/USD to hit 1.3220 & my results.

I will attach copy of my past trades with this post. Actually i saved it on Word so it looks odd but at least it conveys the message

ZeeKans
Eagerly looking forward to results and future information!!
I will not judge or try to guess what you are doing at this point...I will exercise my own patience and wait for your next post.
  • #51
  • Mar 17, 2007 7:18pm Mar 17, 2007 7:18pm
I'm not buying any of this.
  • #52
  • Mar 17, 2007 8:06pm Mar 17, 2007 8:06pm
As much as I love enticing newbies with perfect systems... since you are not going to share it to them and have intentions of only posting your trades, I think this thread should be moved to Journal Factory.

Anyway, good job on your trades! Hope you can keep it up.

Regards,

Kevin
  • #53
  • Mar 19, 2007 9:41pm Mar 19, 2007 9:41pm
i guess he/she aim rebound from heavy movement,
  • #54
  • Mar 20, 2007 1:22pm Mar 20, 2007 1:22pm
" SEE ONE, ASSIST ONE, DO ONE & KILL ONE".
Zeekan! I'm curious! You May have patients (patience) now (excuse the pun) But did you kill one?
  • #55
  • Mar 20, 2007 2:12pm Mar 20, 2007 2:12pm

i bow to your willl....hihihhi....
what are doin here?

To The Sea My Friend....oh we already on the sea!!!!
  • #56
  • Mar 21, 2007 5:00am Mar 21, 2007 5:00am
dear zeekan, we are in the modern world where information can be gotten under seconds without problem. knowledge comes from information, and knowledge in-addition with wisdom =success. yesterday information is today`s knowledge which is success.and today`s information is tomorow`s knowledge leading to success. give out the information.
  • #57
  • Mar 21, 2007 5:29am Mar 21, 2007 5:29am
Hello Zeekans,

Is that the difference between Physician and Surgeon?? The philosophy has always been "See one, do one, TEACH one" for physicians....hehe...
We don't want to kill people and we do teach~~ Teach is part of the job.

Good luck with your ultimate system anyway. If you are confident about your technique, you should start to earn real $$$ rather using demos. DEMO doesn't slip price. Demo has no "technical" issues of random/news disconnection. Demo's spread is better than real and demo's excution is faster.
  • #58
  • Mar 21, 2007 5:35am Mar 21, 2007 5:35am
Dear Friends,

Please refer to my previous post # 46 in this thread, to familiarize yourself with the terminology i use in this method.

Over the last couple of days i closed two more profitable trades on AUD/CAD (short) & GBP/AUD (long). Now i have 57 trades without a loss with this method.

I have been asked why i dont post signals here in thread, my answer is i want to prove that something like this exists. I not here to fool around & i dont want people to jump in thinking they can very much throw caution to the wind. If people are not convinced then they are not going to follow the rules.

According to my technique AUD/USD is now in trading zone & i have got a single trigger to short. My take profit is at .7930. I am still in EUR/USD, in that pair i still have only one trigger. There the limit is 1.3220. I know that these two triggers will be successful. I dont know how many more triggers i will have on these pairs, before they hit my limit.

Once people are convinced about the system, i might start posting some live signals

Regards,

Zeekans
  • #59
  • Mar 21, 2007 6:09am Mar 21, 2007 6:09am
Hi Zeekans

I am certainly interested in learning more about your system, so I would appreciate more details about your zones, indicator and money management calculation

Looking at the information you have supplied and your trade journal, I would guess that you do not have any stop losses on your positions. I can't see any trades where you have taken a loss. This presumably means that you need sufficient capital to ride out any temporary adverse swings

You must therefore have figured out a way to calculate an area where there is going to be a sufficient reversal to achieve your take profit target at some point in the future ie a pair moves a sufficient distance/to/through a support line that is "guaranteed" a retracement at some point of at least 100 pips

interesting concept!
  • #60
  • Mar 21, 2007 9:21am Mar 21, 2007 9:21am
Quoting NKE
Hi Zeekans

I am certainly interested in learning more about your system, so I would appreciate more details about your zones, indicator and money management calculation

Looking at the information you have supplied and your trade journal, I would guess that you do not have any stop losses on your positions. I can't see any trades where you have taken a loss. This presumably means that you need sufficient capital to ride out any temporary adverse swings

You must therefore have figured out a way to calculate an area where there is going to be a sufficient reversal to achieve your take profit target at some point in the future ie a pair moves a sufficient distance/to/through a support line that is "guaranteed" a retracement at some point of at least 100 pips

interesting concept!
or in the case of certain past times, you will either kill your account or position size yourself so small that you mightas well invest in T-Bills.
Man who scratches ass should not bite fingernails
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