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The System II (Yes with irony)

  • #12,161
  • Dec 2, 2009 11:25am Dec 2, 2009 11:25am
Quoting fxachilies
I am all for that making the assesment based on what u see... I am not sure if i can trust even if bernaky will whisper in my ears about what he will do next.. but what i see infront of my eyes.. yes all for that.. for eg. if u see the chopp monster then stay put.. no strategy in the world will help there.

about the 1000 post... feb forget all that... u told me not to long ago this a family and its our legacy and more than just trading happening here.. i took those words to heart and came back.. now ur gonna leave me hanging and you brothers in...
I totally second this about "forgetting the 1000 posts"....

To be with the family is gonna help your health as well...
  • #12,162
  • Dec 2, 2009 11:42am Dec 2, 2009 11:42am
Still in the long trade and hoping -

I remember you doing the exact same thing a couple months ago. In that case you managed to come out with a profit as you held on to the trade. I'm pretty sure right now if I was in your shoes - I would be desparate, and really mad at myself for doing the same thing again where it really put serious cash at risk.

I do have a question - When you are waiting for the market to wake up again with a FCR or 123 or an entry based on price action in your favor - will you "take the trade" putting more money on the table?
I make money anywhere in the world by taking orders
  • #12,163
  • Dec 2, 2009 11:47am Dec 2, 2009 11:47am
Hi Y'all,

Sorry to have been absent but I have been dealing with my health issue - rather than dealing on the market, whihc has hit me harder than I had anticipated. But I've been watching - and it's been a tough one.

Feb - you have given so much already that it would be understandable for you to feel that there is no more obligation, no more expectation, nobody relying on your wisdom...I can understand that, especially when you have teh health issues that you carry as your life-burden. 1000 posts is a phenomenal achievement when you consider that on this thread alone yours have spawned 11000 plus posts from others, many of whom have had their lives, characters and wellbeing transformed by your input, one of whom has performed beyond the call of expectation (dear Fx). You don't owe anyone anything my dear friend - you have already given to excess, and we have an embarrassment of riches... thanks seem insufficient.

But I do want to say this - it seems that having created this oasis in the desert now you could enjoy it, rest kick back and have it give back to you. What would you like from us? How can you be around in a way that feeds you? How can we take care of you as our elder statesman, the elder of the village, the family? It's not that we need you - it's that we love you...a few words from you can calm, excite, inform, drive self-reflection, reassure, entertain...always relevant to the situation, always a contribution. But how can you continue to be a part of our lives without it costing you time, energy, health? I don't expect an answer to thses questions - I just want you to know that you are a part of who I am now - an addict, happy to be so, and a pracititoner of your art. That really means something.

Anyway, I send you love and my deep wishes for your recovery. I am not religious but if I thought prayer would do it, I'd pray.
$urvive, Pre$erve & RESPECT THE TEACHER
  • #12,164
  • Dec 2, 2009 11:56am Dec 2, 2009 11:56am
Quoting SedonaPipper
Still in the long trade and hoping -

I remember you doing the exact same thing a couple months ago. In that case you managed to come out with a profit as you held on to the trade. I'm pretty sure right now if I was in your shoes - I would be desparate, and really mad at myself for doing the same thing again where it really put serious cash at risk.

I do have a question - When you are waiting for the market to wake up again with a FCR or 123 or an entry based on price action in your favor - will you "take the trade" putting more money on the...
yes.. but as a totally separate trade.. my next trade has nothing to do with the previous one..

for the stupid long trade i got a 100pips sl for it now.. and i will not lose any more than that.. thats a enough punishment.. and i will go to bed in about an hour.. and tomorrow I trade like this one does not exist.. and just go about my business and follow my plan.. if i get lucky and get out of this, fine then.. if not, and sl is hit so be it.. i fucked up and thats that.

but be sure that i mean what i say and I do what i mean..
  • #12,165
  • Dec 2, 2009 11:57am Dec 2, 2009 11:57am
ah! ok.....I'll scratch the 1000 post thingy!!!!!


awww it feels good to have people that love and care about you....

Mcaddy, I swear if U ever write a novel, essay or something I will be the first in line to buy.....

You're one of a few people around that i read the post at least twice just to enjoy the writing

Anyone with me on this??
Peace
  • #12,166
  • Dec 2, 2009 12:02pm Dec 2, 2009 12:02pm
With you 100% Feb.
  • #12,167
  • Dec 2, 2009 12:03pm Dec 2, 2009 12:03pm
I second McDaddy. Everyday I learn more about myself and the market. I am gratefull for you because you started a thread with a trading style that makes sense to me. What could happen in your life that would just torch your shorts? - torch your shorts I love that - don't ask me why it just has a nice ring to it. Anyway, I am sure as a group of people from around the world, we could find a way for you to have that experience.
I make money anywhere in the world by taking orders
  • #12,168
  • Dec 2, 2009 12:11pm Dec 2, 2009 12:11pm
Quoting fxachilies
yes.. but as a totally separate trade.. my next trade has nothing to do with the previous one..

for the stupid long trade i got a 100pips sl for it now.. and i will not lose any more than that.. thats a enough punishment.. and i will go to bed in about an hour.. and tomorrow I trade like this one does not exist.. and just go about my business and follow my plan.. if i get lucky and get out of this, fine then.. if not, and sl is hit so be it.. i fucked up and thats that.

but be sure that i mean what i say and I do what i mean..
Thank you for clarifying that important point. I find it hard to let go of the last stupid trade when it costs me more than a normal loss. I like to punish myself a little longer than a day. Sleep well.
I make money anywhere in the world by taking orders
  • #12,169
  • Dec 2, 2009 12:12pm Dec 2, 2009 12:12pm
Quoting feb2865
ah! ok.....I'll scratch the 1000 post thingy!!!!!


awww it feels good to have people that love and care about you....

Mcaddy, I swear if U ever write a novel, essay or something I will be the first in line to buy.....
You're one of a few people around that i read the post at least twice just to enjoy the writing
Anyone with me on this??
Sheer delight!!!!!!
$urvive, Pre$erve & RESPECT THE TEACHER
  • #12,170
  • Dec 2, 2009 12:14pm Dec 2, 2009 12:14pm
Quoting feb2865
ah! ok.....I'll scratch the 1000 post thingy!!!!!


awww it feels good to have people that love and care about you....

Mcaddy, I swear if U ever write a novel, essay or something I will be the first in line to buy.....

You're one of a few people around that i read the post at least twice just to enjoy the writing

Anyone with me on this??
not i only second that but just can't say enough about it..

he gave me tear drops (and i ain't afraid to say it) afew weeks back in his post about me.. and i just got very emotional again about this post to you feb..
this thing right here.. with many good people such as Sir.Mac its worth more than life itself..

Thank you Macdaddy for being our true friend..

and feb i knew u could not say no to that.. how could u.. I know i couldn't.
love to see u around my friend.
  • #12,171
  • Dec 2, 2009 12:41pm Dec 2, 2009 12:41pm
Oh man!

I am very new here, and I havent exactly found my true role on the thread yet, but I wanna say I support and stand by everything being said in last few posts. This thread is not only about trading, losing or winning. It is much more than that.

I am still reading the thread, and just now I am at page 444 with Moneda`s trading station and FX response about predicting the market, and I cant stop laughing. My family thinks I am crazy but I am having the time of my life.(OK maybe you think I am crazy too).

You understand?

This is not about trading at all!!!

Everyone keep up the good work!
You wont survive without preserving!!!
  • #12,172
  • Dec 2, 2009 1:25pm Dec 2, 2009 1:25pm
Quoting feb2865
............

3) You don't like to play ping pong but as you see....in this market becomes handy.....
Dear Feb!!!

At first - I want to thank You for all Your wisdom that You have given here to us in so gentleman manner!!!

Your all (4) threads are like bright stars in the dark night! Yes, I can tell you this with all respect to You. I have not told this here, but I am trader since some time already, even more early than I am here at FF-forum, and I trade something very same like First strike (I sure You know this method), this is something about Opening Range Breakout. But this one is based on weekly. Since I have made some money with it I am very certain - the trader can make succesful only with pure price reading. Not prediction, not guessing, not indis, not this all shit from internet. But, when I have seen once Your thread "system I" - since that time I follow only Your threads. Like I have said already - I am newbie in case of this thread about 5 minutes, but not newbie in case about trading in general. And waht I certainly know from my little experience is - the market can reward the trader ... may be with big profits very rarely, but with little losses mostly of the time. And - we have to be smarter than other.., we have to stick with our own trading plan. We have to not worry about sometimes many little losses in a row, they are given, they are like "indi" - not to predict, but to test every enter in order to not let go this one valid trade. Our job - survive these losses and battle forward to catch our goal!!!!!

Now about cycles - GBP/USD had a period of 40 trades (40 weeks) which were very-very-very bad. No profit at all during 2007 year with this pair. I did make some profits only with other pairs (like GBP/YPJ and others). So - I think I know cycles in face.

... Karma.... I think - I know it too... may be I am wrong now, but.... I am sure - I am not wrong...
In "real" life - I am a teacher. I have a lot of pupils... a lot of "little friends", they are kids mostly. I am still young teacher, and sometimes it did happend that I did think "my kids" ask me too many questions... Of course - I answer it every time, with all my effort - this is my job!
When I did start to read about trading, market, Forex, I have read a lot of books - L. Williams, L. Rashke, B. Williams, Joe Ross, Shwager etc. I was just like crazy about all this stuffs, indis and other shit... and all my friends did talk to me, that these all books will not help me in trading..... And some day I did find a little article about weekly trading - Firststrike.... What is it??? I think - my Karma. My friends still are struggling with all those books, and I just trade. Who cares - right or not right form thieir look (of my friends)????
It makes me money. this is my goal!!!!! So - all my efforts with my kids-pupil are now looking for me.... And I still work with my pupils... And... Guess what - at the end of year 2008 I did find Your great threads!!!! What is it???? ...??? I think - you all know the answer...

Now... I want to say You - THANK YOU MY FRIEND!!!!! Thank You for all Your efforts, for all Your answers to me and other.... It is only Your own decision to give some of Your wisdom to anyone, or not... but - You did take the choice - to give to people.... and I am sure - Your Karma will reward You...if is not still... You, and all Your familie!!!!!!!!!

Thank You, and good health!!!!!!

P.S. I still work with my pupils and.... you know waht it means



  • #12,173
  • Dec 2, 2009 2:53pm Dec 2, 2009 2:53pm
As corona mentioned he was reading post 444, I kinda went back and....this is interesting guys..

I can't recall the post # but I said back then that I felt I won't get to pass christmas 2008. I tell U I really felt like shit back then.,....

what do you know?? it's December 2 2009.....I am here

I think the post is close to #444....
Peace
  • #12,174
  • Dec 2, 2009 2:53pm Dec 2, 2009 2:53pm
Quoting mac1956
Hi Y'all,

Sorry to have been absent but I have been dealing with my health issue - rather than dealing on the market, whihc has hit me harder than I had anticipated. But I've been watching - and it's been a tough one.

Feb - you have given so much already that it would be understandable for you to feel that there is no more obligation, no more expectation, nobody relying on your wisdom...I can understand that, especially when you have teh health issues that you carry as your life-burden. 1000 posts is a phenomenal achievement when you consider...
Hey Mc....

We were missing your words buddy...

I add me to what FEB has said... It is so good to read your posts, even when mostly of the times I have to use an online dictionary to fully understand them.... lol.....

I hope you recover from your operation as soon as possible...
  • #12,175
  • Dec 2, 2009 2:57pm Dec 2, 2009 2:57pm
Quoting feb2865
As corona mentioned he was reading post 444, I kinda went back and....this is interesting guys..

I can't recall the post # but I said back then that I felt I won't get to pass christmas 2008. I tell U I really felt like shit back then.,....

what do you know?? it's December 2 2009.....I am here

I think the post is close to #444....
Much more Christmas to share with your family in here FEB, as far as you want, you can be totally sure about that..... All the good Karma is with you..

Doesn't it make you feel so good?, Looking back and seeing you right now feeling much better and better?....
  • #12,176
  • Dec 2, 2009 3:22pm Dec 2, 2009 3:22pm
FX, i feeling your pain buddy!!!!! i in same position. like a total idiot i got bored and went off-plan. now hoping and praying to the forex gods!! boohoo hoo poor me. So, anyone new to this way of trading, if you dont want to end up in a big pile of shit like FX and myself do yourself a favour. stick to the plan, take the many, many small loses and stay in control. maybe one day i can do the same too, who knows.

glad you sticking around FEB. Heres to many more decembers!
  • #12,177
  • Dec 2, 2009 3:35pm Dec 2, 2009 3:35pm
Quoting iak
FX, i feeling your pain buddy!!!!! i in same position. like a total idiot i got bored and went off-plan. now hoping and praying to the forex gods!! boohoo hoo poor me. So, anyone new to this way of trading, if you dont want to end up in a big pile of shit like FX and myself do yourself a favour. stick to the plan, take the many, many small loses and stay in control. maybe one day i can do the same too, who knows.

glad you sticking around FEB. Heres to many more decembers!
Any Mark Douglas reading can help with a lot of those "negative emotions." After I read his Disciplined Trader book a couple of times I feel much more confident in what I see and know.

Have a nice X-mas and staying with a plan is the hardest part so keep plugging away.
  • #12,178
  • Dec 2, 2009 3:49pm Dec 2, 2009 3:49pm
Quoting fxcatty
Any Mark Douglas reading can help with a lot of those "negative emotions." After I read his Disciplined Trader book a couple of times I feel much more confident in what I see and know.

Have a nice X-mas and staying with a plan is the hardest part so keep plugging away.
Thanks fxcatty. will look him up. merry xmas to you too
  • #12,179
  • Dec 2, 2009 9:09pm Dec 2, 2009 9:09pm
Quoting feb2865
.... it's December 2 2009.....I am here....
... don't lead a lonely life, stay around with this family Feb ...
  • #12,180
  • Dec 2, 2009 10:09pm Dec 2, 2009 10:09pm
good morning traders!!!!!

I am here and my orders are now in place.... plan!
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