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The System II (Yes with irony)

  • #12,221
  • Dec 3, 2009 8:41am Dec 3, 2009 8:41am
Feb!

Some thoughts about ping pong and System 2!

I do not know about any other ways to trade. You can either trade System 2-like way, or ping pong. In a way if you manage your trades properly, over the long run you can be succesfull with trading either of these two. But you must stick to the way you chose, at least at the stage where I am now.

The main reason I havent been consistently profitable I find in my endless scrolling between the two. The moment one stopped working I would jump to the other and so back and forth.The market cycle idea, you introduced me to some posts ago, and which I strongly believe in now, in my mind is the biggest secret in trading so far. That combined with the one pair, one time frame philosophy I believe is the right way to success, at least for me. I said once, I am so convinced in this that I do not feel the urge to test it or demo trade it, I go with it live and naked so be it.

I think this is very important too. So far, I am only trading here two weeks and it looks bad. But as with today I am only 1 % down on my account, and it has been a very tough time for System 2 + I made a lot of mistakes. Still I am not shaken and I continue tommorow with the same belief and confidence that I am on the right path.

P.S I ve sent you request for the class too, but I did not get response. Am I signed?
You wont survive without preserving!!!
  • #12,222
  • Dec 3, 2009 8:58am Dec 3, 2009 8:58am
Attached Image


took +20 after surviving pullback. would have maybe left it longer but news in a couple minutes making me nervous. happy with 20 on day like today though
  • #12,223
  • Dec 3, 2009 9:03am Dec 3, 2009 9:03am
Quoting feb2865
isn't that weird?? some people still have bankers in the 21 century.... "oh, I have to call my banker"...good lord that's one of the highest level of ignorance you'll ever find...and wall street is full of them....

They have a new-fancy name now....."wealth management something" I forgot....

its called the "wealth builder Fooker man"..
  • #12,224
  • Dec 3, 2009 9:07am Dec 3, 2009 9:07am
GUYS I DO LIKE PING PONG...










but.. only with a paddel..
  • #12,225
  • Dec 3, 2009 9:30am Dec 3, 2009 9:30am
Quoting coronajazz
Feb!

Some thoughts about ping pong and System 2!

I do not know about any other ways to trade. You can either trade System 2-like way, or ping pong. In a way if you manage your trades properly, over the long run you can be succesfull with trading either of these two. But you must stick to the way you chose, at least at the stage where I am now.

The main reason I havent been consistently profitable I find in my endless scrolling between the two. The moment one stopped working I would jump to the other and so back and forth.The market cycle idea,...
Yes you're signed - I am just collecting e-mails so I can notify you up and personal all the details. I'll shut the subscription by mid-december...

The ping pong trade is just another animal.....I don't want to go deeper 'cause this is the thread for the system II.......actually the ping pong trade is not a system...really.......but it has it's manners...it has it's own market conditions...

It's fun for me......I trade for fun honestly...... and to be around you guys talking about stuff....

Gotta get something to eat....

Keep and eye on Uncle ben......
Peace
  • #12,226
  • Dec 3, 2009 10:49am Dec 3, 2009 10:49am
Hi Feb,
Can you please also add me in your january class. I had pm you my email it is [email protected]
I will be very thankful to you if you allow me to add your class.

With best regards.


Quoting feb2865
Yes you're signed - I am just collecting e-mails so I can notify you up and personal all the details. I'll shut the subscription by mid-december...

The ping pong trade is just another animal.....I don't want to go deeper 'cause this is the thread for the system II.......actually the ping pong trade is not a system...really.......but it has it's manners...it has it's own market conditions...

It's fun for me......I trade for fun honestly...... and to be around you guys talking about stuff....

Gotta get something to eat....

Keep and eye on...
  • #12,227
  • Dec 3, 2009 12:40pm Dec 3, 2009 12:40pm
Can I please be added to the class Feb?

I read the your first thread "The System (Irony Included)" and really like your style of trading. You and J16 are all I follow. I would consider it an honor to be a part of the class.

Thanks in advance
Mike (Tubguy)
[email protected]
  • #12,228
  • Dec 4, 2009 12:06am Dec 4, 2009 12:06am
I had been following this thread for a few months now and only till now started to post after reading through the 700 over pages. My email is [email protected]
Don't stop believing
  • #12,229
  • Dec 4, 2009 12:15am Dec 4, 2009 12:15am
Hello to all!!!

Have pending orders already... Sell 5042, and Buy 5070.... I have a trap for the market



  • #12,230
  • Dec 4, 2009 1:00am Dec 4, 2009 1:00am
Quoting makemillions
I had been following this thread for a few months now and only till now started to post after reading through the 700 over pages. My email is [email protected]
I bet you have.. lol


tell me... what is a fcr?
  • #12,231
  • Dec 4, 2009 1:26am Dec 4, 2009 1:26am
hi all,

Friday night, nfp night. What a great night I can stay up

can trade eur with you woohoo
Survive and Preserve
  • #12,232
  • Dec 4, 2009 1:30am Dec 4, 2009 1:30am
Good morning!


Anybody long here on the bracket?

I am long from 1.5071. My stop is now 1.5065.

Oh. My eyes go blind. First time I see green pips on my screen for this week of fakeouts.
You wont survive without preserving!!!
  • #12,233
  • Dec 4, 2009 1:46am Dec 4, 2009 1:46am
I am in at 5070
  • #12,234
  • Dec 4, 2009 2:26am Dec 4, 2009 2:26am
Quoting fxachilies
I bet you have.. lol


tell me... what is a fcr?

its fxachilies crazy reversals, reverse of the 123 continuation trade. Sorry I posted primarily because I could not pm Feb to join the class.
Don't stop believing
  • #12,235
  • Dec 4, 2009 2:31am Dec 4, 2009 2:31am
Stopped out brakeeven.
You wont survive without preserving!!!
  • #12,236
  • Dec 4, 2009 2:56am Dec 4, 2009 2:56am
Quoting coronajazz
Good morning!


Anybody long here on the bracket?

I am long from 1.5071. My stop is now 1.5065.

Oh. My eyes go blind. First time I see green pips on my screen for this week of fakeouts.
coronajazz & afew others..
stop damaging yourself with negativity.. it will do you no good and whole bunch of harm.. thats how market is sometimes.. its DEC.. end of the yr.. its expected to be like this.. you got two choice brother.. one, you can close ur system and come back on Jan.. two, you can keep on trading and "make out with the fakeout" (refer to Macdaddys rap post).. but whatever you do, don't express displasure and complaining.. I have been watching your post this week along with other and i am not singeling you out by no means..

this thread is for winners.. and winners think positive at all times.. and even more positive and optimistcs when matters are at its worst..
just remember that, at all times affairs are never as bad as they seem like and never as good as they seem like.. they can only be as good and as bad when and only when you make the seem to be to yourself.. so why not make it seem good at all times.. and i promise you better things will happen to you.. for eg. you will lose less vs more.. you will make less mistakes then vs more.. and all of sudden u will capitalize bigtime on the one and only long runner of the week.. good things comeout of positivity and never off the negativity.

this is just a humble advise from your little brother as member of you system II family..


ps) this goes for everyone in here aswell... please stop the complaining.. December will be tough eitherway.. I suggest to sit back this weekend as decided whether u want to be part of dec or not and whatever decision you come up with be willing to live and die with it.. this is not a plasurable business.. unless ur in a 50+ pips runners, and that happens only about 15% of the times and rest of the times is all agonies and constant survival.. now.. Dec could be even worse.
I am just pointing out some facts.
feb said something very important yesterday.. i dont know howmany of you took notice of it.. but i for sure did..
Quote: siting on your hands sometimes is the best "system" of all.
  • #12,237
  • Dec 4, 2009 3:20am Dec 4, 2009 3:20am
Quoting fxachilies
coronajazz & afew others..
stop damaging yourself with negativity.. it will do you no good and whole bunch of harm.....
Oh no FX, I am as positive as you can get. Believe me, positivity and optimism is my edge, not only in trading but in everyday life. People who know me in person are even sometimes annoyed by that. But I am sorry if something I said sounded like I am complaining, I will check out my recent posts. Maybe sometimes something I try to say in humorous way sound like pessimistic.

As for the sitting on your hands system I tottally agree. I had my quiet time last night as you suggest to us many times, and went to my trades for last week. I admit to myself and to you and everyone here. I got caried away a little bit with the way you, Paul Landgam, Feb were testing mini,micro levels in the past and I overtested the market too much. What I realised is that I am not up to that task yet, so I will stick to more "loopy" like entries for the time being.I can post it all here, charts and everything if you allow, but I do not want to saturate the thread.

But one thing I am sure. I am not gonna sit on my hands bcz its december. I dont care if I lose. My bets are small at the moment (1 mini lot 1 pips= 1 USD). How the hell am I gonna know how to trade the next December, and the next if I do not gain experience now with small size.

High respect!

Coronajazz
You wont survive without preserving!!!
  • #12,238
  • Dec 4, 2009 3:42am Dec 4, 2009 3:42am
Quoting coronajazz
Oh no FX, I am as positive as you can get. Believe me, positivity and optimism is my edge, not only in trading but in everyday life. People who know me in person are even sometimes annoyed by that. But I am sorry if something I said sounded like I am complaining, I will check out my recent posts. Maybe sometimes something I try to say in humorous way sound like pessimistic.

As for the sitting on your hands system I tottally agree. I had my quiet time last night as you suggest to us many times, and went to my trades for last week. I admit to myself...
atta way.. thats the way to be positive..
i can only get a cetain impression from your posts comments.. so no more posting about your record breaking fakeouts.. ..


do me one more favor plz.. don't ever put I and feb in the same line as PaulL in anyways.. he was a ungrateful follower at best.. and i got good reasons to say that about him besides what u all know in here.
end of discussion about that.

and if i have to ask you one more favor that would be, please finish reading the whole thread before talking about some stuff.

Thank you.
  • #12,239
  • Dec 4, 2009 3:54am Dec 4, 2009 3:54am
Quoting makemillions
its fxachilies crazy reversals, reverse of the 123 continuation trade. Sorry I posted primarily because I could not pm Feb to join the class.
very good.. i hope it "makemillions" for you.. lol.
  • #12,240
  • Dec 4, 2009 3:54am Dec 4, 2009 3:54am
Quoting fxachilies
atta way.. thats the way to be positive.....
Understood!!!

I promise now I will keep my mouth quiet until I finish with the thread, which will be this weekend I think (I am at page 615).
You wont survive without preserving!!!
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