LOHAD Scalping system looking for V2.0 | Page 18 | Forex Factory

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LOHAD Scalping system looking for V2.0

  • #341
  • Mar 15, 2009 9:05pm Mar 15, 2009 9:05pm
Quoting pjo
The chat room I am in does allow anybody to join in, so you do not have to worry about adding users to your chat room by yourself.

Skype is for everybody and it is easy to use. mIRC is a little difficult for non IT oriented people.

pjo
PJO,

I have no problem with Skype, I just cannot figure out how to do it easily without having to add people manually. And I know I can go the ircforex and set up a dedicated room right now. I have been in the #forex chatroom quite a bit it and it seemed fine. But if anyone can walk me through the Skype setup, I have no problem setting this up.


Thanks,

Lohad
  • #342
  • Mar 15, 2009 9:08pm Mar 15, 2009 9:08pm
Quoting lohad
Hey Dean,

Yes I am going to be updating VERY shortly post #1.

I had the other system that I was using posted, but it never got any interest. I think it is in the recycle bin now. Not sure. But it was based M1. I did do alright on it, but not nearly as good as this system.

Lohad
Oh, ok. cool

So you have only been scalping for about 6 months. That's a pretty quick turn around time to go pro.

You must be very confident in your abilities.

Cheers,

Dean
  • #343
  • Mar 15, 2009 9:18pm Mar 15, 2009 9:18pm
I'm in

-Ian
  • #344
  • Mar 15, 2009 9:28pm Mar 15, 2009 9:28pm
hI lOHAD

The room you joined using mIRC is in irc.ircforex.com server
So room has already created. just go there and stay there..

MIRC is just a soft to enter the server. There are lot of other soft around.
mIRC give 30 day free trial but after that u guys can still use it.
I'v been using mIRC for 3 years without even buy or cracking it.



guys if u wanna join there is a room called LohadScalping in irc.ircforex.com server
feel free to join.. .


NOTE: Server address irc.ircforex.com
channel #lohadScalping


Cheers
  • #345
  • Mar 15, 2009 9:42pm Mar 15, 2009 9:42pm
Hey Lohad, if you are interested here is a link where you can create your own chatroom


http://www.chatzy.com


+ http://www.google.ca/search?hl=en&sa...t+room&spell=1

let me know what you think
  • #346
  • Mar 15, 2009 11:27pm Mar 15, 2009 11:27pm
thanks for the open honesty, Lohad.
so easy to get stressed out of control trading.
adrenalin...
been reading more about adrenaline and how it is very strong physiological influence. A chemical that once it is set loose into the system has profound affects on thinking and sensual experience.
Not a good friend for the trader!!!!
A high for sure but not a profit maker. Like a drunk blowing a wad.
So developing a good system that I am confident in is essential to keep Mr. Adrenaline away... I want to trade successfully enough to stop the time clock job.
Let's go.
I hope I am welcome here. I am 62. work nights on a motel check in desk (with wireless access ) so I can trade a bit Asian market and London open if it is slow, but never know when there'll be a walk in or a phone call so have to be careful. Mostly I am following the US market. Live in Tennessee, USA. and oh yes, I am woman.
I have been trading and studying for 4 years with not much success, until now. Trying system after system, indicator after indicator, lost a bit of money here and there.
Now I am using FXCM micro account. Which is perfect for me. Huge leverage 400:1, but small lots 10,000 and small investment $25 to open. Perfect for learning and scalping. Demo accounts don't carry the same intensity of concentration for me because there is nothing of value on the line for practice trades. But a few real pennies or dollars increases the attention.
So that is who I am more or less. Looks like you have the right idea Lohad for building something of a trading community.
Thanks for your efforts. I'm a bit of a slow learner but let's go... I'm not giving up.
Meena (jiva34)
will you keep the tread on forexfactory if you set up skype?
  • #347
  • Mar 16, 2009 1:11am Mar 16, 2009 1:11am
Quoting lohad
PJO,

I have no problem with Skype, I just cannot figure out how to do it easily without having to add people manually. And I know I can go the ircforex and set up a dedicated room right now. I have been in the #forex chatroom quite a bit it and it seemed fine. But if anyone can walk me through the Skype setup, I have no problem setting this up.


Thanks,

Lohad
I am happy to walk through with you.

Pls install Skype v4 and add my name pjomtfuji.

pjo
  • #348
  • Mar 16, 2009 2:13am Mar 16, 2009 2:13am
Quoting deang001
Oh, ok. cool

So you have only been scalping for about 6 months. That's a pretty quick turn around time to go pro.

You must be very confident in your abilities.

Cheers,

Dean
HeHe,

Yup, I demoed for a for a good 9 months with the person that got me into forex, and like any other aspiring trader, I was killing it on demo, so I thought it was time to go live.

Jumped in, got a big draw down built up the account again, doubling it and then I found this cool idea of the martingale system. I thought oh cool basically I will neve be wrong, just keep opening trades. My leverage blew up. I had all kind of trades left open and swap was killing. Closed all of those trades, went back to scalping kicked around another system which evolved into this system and now yes, I am very confident of my abilities scalping this sstem. And that it what I found out. No matter what system anyone uses, you need to be confident. If not you just sit on your thumbs and watch the trade go bye.

Also, I do have other duties. I am an independent contractor in the construction industry, but lately there is not much cooking there, so I have been basically doing this a lot more.

Hope that answers your questions,

Thanks man!

Lohad
  • #349
  • Mar 16, 2009 2:16am Mar 16, 2009 2:16am
Quoting i79coop
Hey Lohad, if you are interested here is a link where you can create your own chatroom


http://www.chatzy.com


+ http://www.google.ca/search?hl=en&sa...t+room&spell=1

let me know what you think
Thanks Ian, I will check out today.

Lohad
  • #350
  • Mar 16, 2009 3:11am Mar 16, 2009 3:11am
excuse me Lohad,but there are so many scalping systems..everybody believes in his own system..just live calls can tell if the system is worth watching or not....i wish you would post at least 20 live calls (if possible)

cheers
  • #351
  • Mar 16, 2009 3:18am Mar 16, 2009 3:18am
Quoting jiva34
thanks for the open honesty, Lohad.
so easy to get stressed out of control trading.
adrenalin...
been reading more about adrenaline and how it is very strong physiological influence. A chemical that once it is set loose into the system has profound affects on thinking and sensual experience.
Not a good friend for the trader!!!!
A high for sure but not a profit maker. Like a drunk blowing a wad.
So developing a good system that I am confident in is essential to keep Mr. Adrenaline away... I want to trade successfully enough to stop the time clock...
Of course Jive,

You are welcome here. Please keep me posted on how you are doing. If you have any questions, please do not hesitate on asking. I will see if I can offer any answers.

And yes, I will keep the thread here on FF. There are too many valuable traders here with a ton of input to offer.

Look forward to working with you.

Thanks!

Lohad
  • #352
  • Mar 16, 2009 3:30am Mar 16, 2009 3:30am
Quoting vivadaha
excuse me Lohad,but there are so many scalping systems..everybody believes in his own system..just live calls can tell if the system is worth watching or not....i wish you would post at least 20 live calls (if possible)

cheers
Hey Vivadaha,

Look man you already said the system is useless to you. And I respect that. There are a ton of systems around that I am sure are good, but useless to me as well. The person I was first working with has a good system.... for him, I couldn't trade it, but he did well on it. I could not be confident in it and it effected my trading. So I needed to find something that I was comfortable with.

Scalping can be stressfull enough. I will not worry about your account when I am scalping. If you look back through the thread I have offered some market analysis. I have offered some live analysis to Hoichoi in a chat room. I am not afraid of giving my analysis, but I am not going to sit here and give live calls to tell people to buy now or sell now. Because even if I was right 90% of time, if you are not comfortable with it, you are not going to pull the trigger anyways.

I feel like you are wanting me to sway you into believing in my system. And I am not going to do that. If you are uncomfortable with this method, there is nothing I can do about. Even 50 calls will not sway you.

I would suggest if you want to put the time into it, watch and follow the system and see if it works for you. If not I understand. I have been there.

I have nothing to sell here. I actually posted this system looking for help from my fellow traders. I am not doing this for some ego trip.

Thanks again for your interest. But you still haven't answered my question from earlier of wanting to know why this system is useless for you. Maybe you found a hole in it. If so, please bring it to the table so I can see if there is a solution. Instead of coming here is asking me to validate my system to you by telling you how to trade.

Lohad
  • #353
  • Mar 16, 2009 3:31am Mar 16, 2009 3:31am
Did anyone hit this last run up?

Let's get em guys!

Lohad
  • #354
  • Mar 16, 2009 3:37am Mar 16, 2009 3:37am
hey lohad two bad signals today
Attached Image (click to enlarge)
Click to Enlarge Name: 1 miinute.gif Size: 15 KB
  • #355
  • Mar 16, 2009 3:39am Mar 16, 2009 3:39am
Quoting piplover143
hey lohad two bad signals today
Piplover.

Where were the bad signals? I see it trending nicely. Please let me know. I will look into it.

Thanks,

Lohad
  • #356
  • Mar 16, 2009 3:57am Mar 16, 2009 3:57am
Hey Lohad.

How come you are looking to push the original system in another direction? You said your goal was to get 150 pips per week.

Before starting the thread the three weeks previous you scored 606, 282 & 359 pips respectively. Last week you harvested 352pips.

It seems to me it crazy to want to modify your original system as it was netting you way more pips than you were after anyway. What's the use of putting your system out there and get everyone involved as your system worked fine in the first place as you were beating all your targets? Wouldn't you be better off just trading your system and using it as it was as there was nothing wrong with it? If anything modifying it may reduce your pips and lead you to your goal of 150 pips per week! LOL

Also, it is very easy to drag trades to the chart - all you do is go to the account history tab at the bottom of IBFX click on a completed trade and drag it to the chart.

Cheers,

Dean
  • #357
  • Mar 16, 2009 4:03am Mar 16, 2009 4:03am
lohad do you set chat room? if yes please post the link here or in your first post
  • #358
  • Mar 16, 2009 4:08am Mar 16, 2009 4:08am
Quoting deang001
Hey Lohad.

How come you are looking to push the original system in another direction? You said your goal was to get 150 pips per week.

Before starting the thread the three weeks previous you scored 606, 282 & 359 pips respectively. Last week you harvested 352pips.

It seems to me it crazy to want to modify your original system as it was netting you way more pips than you were after anyway. What's the use of putting your system out there and get everyone involved as your system worked fine in the first place as you were beating all your targets?...
Hey Dean,

As I mentioned in my first post. I am looking for a V2.0 because I am having issues with exits.

Thanks for telling me how to drag trades on the chart. I have posted a picture of the last trade I just took. You will see what I mean about leaving too much on the table.

Also, I posted this system becuase I learned a lot from the other systems on FF and I just wanted to show people what has been working for me. And also, I am looking for better ideas on exits.

Thanks for the questions,

Lohad
Attached Image (click to enlarge)
Click to Enlarge Name: last trade.gif Size: 41 KB
  • #359
  • Mar 16, 2009 4:16am Mar 16, 2009 4:16am
Seein bearish Div on M1

Again not sure how reliable Div is on M1
  • #360
  • Mar 16, 2009 4:31am Mar 16, 2009 4:31am
Quoting piplover143
hey lohad two bad signals today
Hey Piplover,

I see your picture now. For sime reason it did not show up when I responded earlier.

What I see here (again hindsight) is that it was a countertrend situation. The QQE was pretty flat. I almost got into this one as well, but the QQE was too flat for me to trade against the trend.

Thanks for posting this though.

Lohad
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