Threads I Avoid | Forex Factory

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Threads I Avoid

  • #1
  • First Post: Aug 3, 2009 9:10am Aug 3, 2009 9:10am
I have a specific way I trade, but I enjoy evaluating other methods.

I'll comb FF a couple of times a day to see if there is anything new and interesting to look at.

Over time I've set a few rules for myself to quickly filter out worthless methods, so I won't spend any time looking at them.



Here are a few of the big ones.


1. Any mention of a moving average cross.

2. A chart that looks like a Christmas tree- loaded down with indicators.

3. The use of the Zig-Zag or Solar Wind or any other notorious repainters.

4. A system that starts with a set of rules and immediately violates them.

5. Systems that have the time screwed up from the beginning.
Example- a method for the London open that gives trading times inconsistent with the London open.

6. Long rambling posts that have to be combed over for any meat.
There is one gentleman who posts here who does this. He may be the world's best trader, but I'll never know because he posts in long winded riddles.

7. EA threads or decent system threads that degenerate into EA threads.
There is one great example of this on the board now.


Those are a few of mine.
Does anyone have others?
  • #2
  • Aug 3, 2009 9:30am Aug 3, 2009 9:30am
One I forgot:

Wide images that make you scroll back and forth.
It may be good stuff, but I don't take the time to mess with them.
  • #3
  • Aug 3, 2009 3:40pm Aug 3, 2009 3:40pm
The simpler the better for me.

I avoid TA so involved you can't possibly understand it and definitely avoid short scalping time frame analysis.
History is written by the victors.
  • #4
  • Aug 3, 2009 4:22pm Aug 3, 2009 4:22pm
hi bill,

how about threads to expose oneself, i mean, why bother with things you don't like or care anyway? there are thousands of them, just ignore it and move on.
Invincibility lies in the defence, the possibility of victory in the attack
  • #5
  • Aug 4, 2009 1:09am Aug 4, 2009 1:09am
Over the past several months, I try to avoid any threads that have anything to do with trading. Tough, I sometimes get sucked in.

The treads I like now, are what you would call the kooky threads, "The Comedy Thread" "Ask Jay Anything" etc.

Just tired of the BS.
  • #6
  • Aug 4, 2009 2:32am Aug 4, 2009 2:32am
I know what you're saying but avoiding doesn't make FF a better place. It's because good traders won't add positive and constructive criticism that some threads (and we know what we're talking about here) become corrupted.

Don't just give up! On the other hand don't go in with guns blazing.

Good thread.
Gone to a better place
  • #7
  • Aug 4, 2009 5:31am Aug 4, 2009 5:31am
i also don't consider EA threads and MA crosses. From my experience EAs and MAs don't work in the long run. Tried it,doesn't work
Twitter: @forexpokerpro
  • #8
  • Mar 19, 2010 4:05am Mar 19, 2010 4:05am
Quoting billbss
Over time I've set a few rules for myself to quickly filter out worthless methods, so I won't spend any time looking at them.

Here are a few of the big ones...........

Does anyone have others?
Any hint of Martingale, averaging down without limit, no stoplosses, or MM-dependency has me running for the hills........ fast.

At the other end of the scale, I'm a candle and S/R junkie. Anything that relates to profitable entry patterns, or new price action based entries that might be worth adding to my arsenal, catches my attention. This thread is a recent case in point.
  • #9
  • Mar 19, 2010 4:27am Mar 19, 2010 4:27am
Threads where the poster has found another grail, but this time its going to work (after falling for previous gurus). Any questioning of the poster will get you banned from that thread.

There a good example of this now, the poster is predicting his trade will turn using nothing more than hope.
Economists have forecast 9 out of the last 5 recessions
  • #10
  • Edited Mar 20, 2010 2:21am Mar 19, 2010 4:48am | Edited Mar 20, 2010 2:21am
Quoting markmm
Threads where the poster has found another grail, but this time its going to work (after falling for previous gurus). Any questioning of the poster will get you banned from that thread.

There a good example of this now, the poster is predicting his trade will turn using nothing more than hope.
yeah, you did a good job of avoiding that thread by posting in it 88 times in 3 days.
Anything with currency baskets or the classic 10,000 pips per Month.
.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #11
  • Mar 19, 2010 5:41am Mar 19, 2010 5:41am
--> Threads with lot of repainters ...

--> I also even dont bothar to see trading systems which are based on lower timeframes like 15-minutes or lower than that tf...
  • #12
  • Mar 19, 2010 8:41am Mar 19, 2010 8:41am
Almost all the threads that are not in the Members' Lounge
Getting it right is NOT as important as not getting it wrong.
  • #13
  • Mar 19, 2010 12:45pm Mar 19, 2010 12:45pm
Quoting hanover
Any hint of Martingale, averaging down without limit, no stoplosses, or MM-dependency has me running for the hills........ fast.

At the other end of the scale, I'm a candle and S/R junkie. Anything that relates to profitable entry patterns, or new price action based entries that might be worth adding to my arsenal, catches my attention. This thread is a recent case in point.
I agree with that 100%.
  • #14
  • Mar 19, 2010 1:01pm Mar 19, 2010 1:01pm
It's not the threads per se, it's the posters. If you hang around long enough you start to recognize new waves of opinionated idiots messing up threads, though to be fair, sometimes the threads deserve nothing better.
The breaking of a wave cannot explain the whole sea.
  • #15
  • Mar 20, 2010 1:53pm Mar 20, 2010 1:53pm
Quoting Mysticdiver
Over the past several months, I try to avoid any threads that have anything to do with trading. Tough, I sometimes get sucked in.

The treads I like now, are what you would call the kooky threads, "The Comedy Thread" "Ask Jay Anything" etc.

Just tired of the BS.
I'm flattered in a way and I know you're enjoying it because it is kooky. But part of me is also hoping that "Ask Jay Anything" isn't an example to some of what a trading thread is. Otherwise, we're in trouble fellas!
Not all sins are created equal
  • #16
  • Mar 20, 2010 5:09pm Mar 20, 2010 5:09pm
anything discussing fundamental analysis, technical analysis, or gambling............at least this is the ambition, i'm wheening myself off slowly
  • #17
  • Mar 20, 2010 5:24pm Mar 20, 2010 5:24pm
Any "Hey let's throw these three indicators on a chart and wait until they all tell you to buy" - Threads

Usually they go like this.

- Start Post
- First N00b: Looks great!
- Second N00b: What Timeframe?!
- Third N00b: Could someone write an EA?
- Fourth N00b: Let's add more indicators to filter out the losing trades.
- Oblivion
  • #18
  • Mar 20, 2010 7:36pm Mar 20, 2010 7:36pm
Quoting TJPLD
Any "Hey let's throw these three indicators on a chart and wait until they all tell you to buy" - Threads

Usually they go like this.

- Start Post
- First N00b: Looks great!
- Second N00b: What Timeframe?!
- Third N00b: Could someone write an EA?
- Fourth N00b: Let's add more indicators to filter out the losing trades.
- Oblivion
After Oblivion

-Return after "having an experience" and replenishing the account.

-Rinse, lather, repeat step 1 to 6 as described by TJPLD.

-Return under another nickname.

-Begin a thread and gather up a huge following.

-Have N00bs and B00bs come and complain that they got ripped off.
Not all sins are created equal
  • #19
  • Mar 20, 2010 7:39pm Mar 20, 2010 7:39pm
Thread I avoid is

"So and so is a bad broker". I went long on he Zimbabwe dollar and they closed my account because of a margin call, can you believe what these so-and-so's did?

Or the equally annoying "[insert broker's name here] is down, do you guys have any problem?". I have my broker's number on speed dial on 2 phones and all their details in triplicate why? SO I CAN CONTACT THEM DIRECTLY!
Not all sins are created equal
  • #20
  • Mar 20, 2010 10:04pm Mar 20, 2010 10:04pm
I confess I'm a glutton for punishment as evidenced by my repeated forays to the EU thread which I can't seem to stop (most recently to annoy that skizzer guy, and on a saturday evening no less) so therefore am not qualified to post in a thread titled "Threads I avoid" as I clearly don't avoid any of them.

Someone wanna start a thread titled "Threads I Wish I Could Avoid?"



I probably need help.
FUBAR...
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