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Trade what you see NOT what you expect

  • #8,781
  • Apr 20, 2009 5:18am Apr 20, 2009 5:18am
Quoting riggster
Know what you mean, like they fix it against you!! But i truly dont believe that. I traded for quite a while just writing my trades down (not actually trading) and it still happened. Though they could fix it for the masses.
As for that H&S i believed it would play out, my target was 14620 and i exited there.....bit early in hindsight but still good pips.
i am talking about consistency like a safe plan that works every month every year. i had one before but now after depression in august 2008 it doesn't work so i am checking new ones... but still not convinced...
When life gives you lemons, make lemonade
  • #8,782
  • Apr 20, 2009 5:21am Apr 20, 2009 5:21am
Quoting micho
i am talking about consistency like a safe plan that works every month every year. i had one before but now after depression in august 2008 it doesn't work so i am checking new ones... but still not convinced...
Looking for the Holy Grail, are ya? Good luck!
Hi, my name is Barry and you can keep your doctor...
  • #8,783
  • Apr 20, 2009 5:25am Apr 20, 2009 5:25am
Quoting cisco
Looking for the Holy Grail, are ya? Good luck!
i had a holy grail before, so yes unlike most of the traders in the world i believe in that because i had it
it gave me 25% of my account monthly while i slept... and i worked since 1999 but i only started it in 2008. then it stopped working in august after the big fall the patterns got fucked up...
When life gives you lemons, make lemonade
  • #8,784
  • Apr 20, 2009 5:32am Apr 20, 2009 5:32am
Quoting micho
i had a holy grail before, so yes unlike most of the traders in the world i believe in that because i had it
it gave me 25% of my account monthly while i slept... and i worked since 1999 but i only started it in 2008. then it stopped working in august after the big fall the patterns got fucked up...
Good on ya mate, you'll find another diamond of a grail.
Probability Professor
  • #8,785
  • Apr 20, 2009 5:35am Apr 20, 2009 5:35am
Quoting Galation
Good on ya mate, you'll find another diamond of a grail.
i hope so... but its an unconventional strategy
When life gives you lemons, make lemonade
  • #8,786
  • Apr 20, 2009 5:40am Apr 20, 2009 5:40am
Quoting Galation
Good on ya mate, you'll find another diamond of a grail.
Yep good on you. You dont look for a holy grail...you develop one! Sure you'll come up with another
  • #8,787
  • Apr 20, 2009 5:41am Apr 20, 2009 5:41am
Quoting riggster
Yep good on you. You dont look for a holy grail...you develop one! Sure you'll come up with another
i miss the old days
When life gives you lemons, make lemonade
  • #8,788
  • Apr 20, 2009 5:48am Apr 20, 2009 5:48am
Quoting micho
i miss the old days
MOrning Everyone, hope you all had a good weekend!

Micho have you tried out the methods described in this thread? You can get some pretty consistant results with them! And the thing i like most is you dont have to be correct in your trade, (its very difficult at the moment to predict long term direction) as long as your taking profits along the way and locking at BE you come out winning most times.
  • #8,789
  • Apr 20, 2009 5:59am Apr 20, 2009 5:59am
Quoting PipLand
MOrning Everyone, hope you all had a good weekend!

Micho have you tried out the methods described in this thread? You can get some pretty consistant results with them! And the thing i like most is you dont have to be correct in your trade, (its very difficult at the moment to predict long term direction) as long as your taking profits along the way and locking at BE you come out winning most times.
well im a very systematic person, i dont leave anything to chance in life. i need to have facts to succeed. unless i can code a logical expert advisor, test it over the years, study all aspects of it like i did with my last one... i will not be able to trust the markets with big money.
i think if god wanted me to be rich, he wouldn't have changed the patterns in august 2008. maybe he is just teasing me...
When life gives you lemons, make lemonade
  • #8,790
  • Apr 20, 2009 6:04am Apr 20, 2009 6:04am
can someone give me a number for the broken 4h channel? About 4620?
  • #8,791
  • Apr 20, 2009 6:07am Apr 20, 2009 6:07am
Quoting ezodisy
can someone give me a number for the broken 4h channel? About 4620?
maybe 1.4596??
When life gives you lemons, make lemonade
  • #8,792
  • Apr 20, 2009 6:09am Apr 20, 2009 6:09am
Quoting micho
well im a very systematic person, i dont leave anything to chance in life. i need to have facts to succeed. unless i can code a logical expert advisor, test it over the years, study all aspects of it like i did with my last one... i will not be able to trust the markets with big money.
i think if god wanted me to be rich, he wouldn't have changed the patterns in august 2008. maybe he is just teasing me...
If your Holy Grail failed in August 2008 then you never really had a Holy Grail, did you? Trading is hard work. You can't rely on some EA to make your decisions for you. When you rely on something other than your own brain, you'll get burned badly.
Hi, my name is Barry and you can keep your doctor...
  • #8,793
  • Apr 20, 2009 6:10am Apr 20, 2009 6:10am
4600? maybe. Some charts posted earlier were looking different from mine and I wanted to get some other opinions if we go up to retest it
  • #8,794
  • Apr 20, 2009 6:17am Apr 20, 2009 6:17am
Quoting cisco
If your Holy Grail failed in August 2008 then you never really had a Holy Grail, did you? Trading is hard work. You can't rely on some EA to make your decisions for you. When you rely on something other than your own brain, you'll get burned badly.
yes you can, it worked for 10 years and in the end it jumped over the max draw down. that would give you millions in 10 years and in the end would take 1 million from you which means you have 9 millions left

you cant rely on brain in market cause market is not predictable, you always have "if then or else" so a random statistical code will make you rich in this random market
When life gives you lemons, make lemonade
  • #8,795
  • Apr 20, 2009 6:22am Apr 20, 2009 6:22am
Quoting micho
well im a very systematic person, i dont leave anything to chance in life. i need to have facts to succeed. unless i can code a logical expert advisor, test it over the years, study all aspects of it like i did with my last one... i will not be able to trust the markets with big money.
i think if god wanted me to be rich, he wouldn't have changed the patterns in august 2008. maybe he is just teasing me...
Thats the problem the patterns are always going to change, no automated system lasts forever it constantly needs tweaking. Its unfortunate that your system didnt last long enough to make you bundles. At least you realised in time and was able to pull out a decent amount of money still.

Im sure he doesnt want you to give up though!! If I listend to that I would have given up a long time ago . Hope you find a new system soon!
  • #8,796
  • Apr 20, 2009 6:27am Apr 20, 2009 6:27am
Quoting micho
yes you can, it worked for 10 years and in the end it jumped over the max draw down. that would give you millions in 10 years and in the end would take 1 million from you which means you have 9 millions left

you cant rely on brain in market cause market is not predictable, you always have "if then or else" so a random statistical code will make you rich in this random market
I guess its "Horse's for courses" I prefer to make my own decisions. Id love to have an EA that I trusted but dunno if that will ever happen.

Banks use both manual traders and automated systems too so i guess theres merits in both
  • #8,797
  • Apr 20, 2009 6:35am Apr 20, 2009 6:35am
well ill not defend my theory, take it or leave it
When life gives you lemons, make lemonade
  • #8,798
  • Apr 20, 2009 6:48am Apr 20, 2009 6:48am
Quoting micho
well ill not defend my theory, take it or leave it
  • #8,799
  • Apr 20, 2009 6:55am Apr 20, 2009 6:55am
Good morning again everyone.

Macc have you taken the written test yet?
  • #8,800
  • Apr 20, 2009 6:56am Apr 20, 2009 6:56am
Quoting PippiNole
Good morning again everyone.

Macc have you taken the written test yet?
Morning to you too......

HOLLA
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