A trader does not have to lose before you make profit in the Forex market | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Why you lose money and will always lose 44 replies

Does being a Good Chess Player make you a better FX Trader 59 replies

If you make money, does Oanda make money? 35 replies

how many pips did you lose before becoming a succesful trader? 19 replies

Do you have the balls to Lose, But not the balls to Win? 63 replies

Attachments: A trader does not have to lose before you make profit in the Forex market
Exit Attachments

A trader does not have to lose before you make profit in the Forex market

  • #101
  • May 20, 2010 3:39am May 20, 2010 3:39am
Quoting Trad3r
This is not the forum for trading journals, when are you going to reveal us the secret code of Matrix, I say, Forex?
+1

this needs to be moved to the journal section!

if there was something to show then there has been plenty of time to show it. weeeeee
Congratulations ScalaFX for coming out of the closet!
  • #102
  • May 20, 2010 3:44am May 20, 2010 3:44am
Quoting The Helper
First, I use 6MAs to trade. I trail my SL with the 10 and the 15 MAs mainly. TF does not matter. The method works on every TF. Atimes, I discard the method myself and try to trade based on what I fell the market is saying fundamentally. Unfortunately, i end up loosing because it always revertsed back to the system. From then, I just learned to follow it even when I do not believe it is right. And 80% of the time, probably more than 80%, it is right. I believe in fundamentals, but I think it is true that technicals already reflects the fundamentals....

more details?

like "when i see XXX happens, I enter, but not if YYY is also happening, with the exception of when ZZZ also occurs. I then trail my exits when AAA occurs, or when BBB crosses CCC"

the devil's in the details=0
  • #103
  • May 20, 2010 3:55am May 20, 2010 3:55am
and BAAM theres goes my interest in this thread with the mention of mas see yas. lagging pieces of junk can tell you nothing about the market

regards damien
i pull the trigger when others are fearful---me
  • #104
  • May 20, 2010 4:03am May 20, 2010 4:03am
So, your "cracked code" is MA's? This is entirely different than what you described in previous posts.

Quoting The Helper
First, I use 6MAs to trade. I trail my SL with the 10 and the 15 MAs mainly. TF does not matter. The method works on every TF. Atimes, I discard the method myself and try to trade based on what I fell the market is saying fundamentally. Unfortunately, i end up loosing because it always revertsed back to the system. From then, I just learned to follow it even when I do not believe it is right. And 80% of the time, probably more than 80%, it is right. I believe in fundamentals, but I think it is true that technicals already reflects the fundamentals....
  • #105
  • May 20, 2010 4:17am May 20, 2010 4:17am
Point of Correction. There was never a time during the lifetime of this post so far that I mentioned anything about any system that I use until I mentioned the MAs. All the while, I only stated that I have cracked the code. I will definitely not start explaining how it is cracked here. The thread about market players profiting altogether was simply for information. You may need to go back to the start of the thread to confirm this. Hopefully, we should continue to see the effect of the "code" cracking in our profits. Of course, there will be losses, but, any system that can give you precise entry and exit with 80% or more accuracy which results in good profit over time in this deadly market is surely a good and adorable system. Most of the time, I try not to trade heavily on Fridays for many reasons. So, next time I will be on the forum may be Monday night or sometimes over the weekend.

May you continue to trade profitably. Amen.

Happy trading day and God bless u all.
  • #106
  • May 20, 2010 4:22am May 20, 2010 4:22am
"The Helper", please explain more in detail, how you use your MA's.
  • #107
  • May 20, 2010 4:35am May 20, 2010 4:35am
mr moderator now i agree recycle bin it. do we really need another ma system taking up valuable space on this lovely site?

regards damien
i pull the trigger when others are fearful---me
  • #108
  • May 20, 2010 4:38am May 20, 2010 4:38am
you seem to hold a grudge against ma systems that run deeper than most

care to share your story?
heh
  • #109
  • May 20, 2010 4:46am May 20, 2010 4:46am
Dear Sir

I guess if FF does not like these posts, they reserve the right to shut it or any other one indeed down completely. I am indifferent anyway. I have never been on any forum. I believe if you don't know what you are doing, you should not even contribute to a forum in terms of giving to it. I think a person should do his home work very well before contributing to any forum. There is surely diversity of opinion, and so, if somebody does not like any postings on any forum, then, he moves on. I think everyone that has been on this thread is also entitled to dropping off it. Why don't we let FF decide who stays and who goes and who occupies space on their server and who does not. Please, this is not being taken personal at all. far from it please. It only gives me an opportunity again to probably remind us all of our diverse nature as human beings originating from different backgrounds and having one common goal of making profit in the Forex mkt. That is our world. Remain blessed.

I may try and move the postings to another forum if they will appear real time.
  • #110
  • May 20, 2010 4:46am May 20, 2010 4:46am
May be trading Journal forum as somebody suggested.
  • #111
  • May 20, 2010 5:08am May 20, 2010 5:08am
you have a good way of putting things i give you that the helper. the reason i hate mas is because they lag and they only work in trending markets and then they still dont work very well missing a 200 pip move waiting for a cross to grab 20 or 60 think about it? you could be learning to grab the full or close to 200. and dont say thats being greedy we all trading for one thing and thats money. and the most we can get why cut your profit potential short when you could be sitting in pip paradise.

regards damien
i pull the trigger when others are fearful---me
  • #112
  • May 20, 2010 4:28pm May 20, 2010 4:28pm
Quoting damosdmf
you have a good way of putting things i give you that the helper. the reason i hate mas is because they lag and they only work in trending markets and then they still dont work very well missing a 200 pip move waiting for a cross to grab 20 or 60 think about it? you could be learning to grab the full or close to 200. and dont say thats being greedy we all trading for one thing and thats money. and the most we can get why cut your profit potential short when you could be sitting in pip paradise.

regards damien

What is wrong with you people the trade he made where good

I can not believe why people dont have respect
  • #113
  • May 20, 2010 6:34pm May 20, 2010 6:34pm
Quoting ingmarforex
What is wrong with you people the trade he made where good

I can not believe why people dont have respect
well said..
  • #114
  • May 20, 2010 6:53pm May 20, 2010 6:53pm
ok go through this site find every ma system you can find tell me how many ppl are consistently winning in all market conditions? ranging and trending we r in a trending market at the moment. any ma system will work to a degree until we hit ranging again then all your wins are wiped out in that time. why because mas arent meant to be used the way there used in most ppls systems.

regards damien
i pull the trigger when others are fearful---me
  • #115
  • May 20, 2010 7:07pm May 20, 2010 7:07pm
Quoting damosdmf
mr moderator now i agree recycle bin it. do we really need another ma system taking up valuable space on this lovely site?
Im so glad that another newbie is able to make such a distinction between what they think is good and what they think is rubbish. How would you like it if someone went over to your trading journal and said it was garbage just because they didn't like S&R?

Quoting damosdmf
you have a good way of putting things i give you that the helper. the reason i hate mas is because they lag and they only work in trending markets and then they still dont work very well missing a 200 pip move waiting for a cross to grab 20 or 60 think about it? you could be learning to grab the full or close to 200. and dont say thats being greedy we all trading for one thing and thats money. and the most we can get why cut your profit potential short when you could be sitting in pip paradise.

regards damien
This would also depend on how you are using them. Sounds like you tried trading crosses and yes, they do tend to lag. But there are also other uses. I wont bore you with details since you've already made up your mind though.

Your sig is pretty accurate though, Silence IS deadly, but then again, so is arrogance when you are a trader (or wannabe as the case may be).
  • #116
  • May 20, 2010 7:37pm May 20, 2010 7:37pm
im not arrogant i just don't want newbies coming here thinking there's a code you can break in trading when there isn't. trading is a lot of hard work do you think the most successful traders came to forex factory and looked up miracle strategys or the code is broken never lose again no they didnt they learnt the hard way reading books watching other traders. learning the psychology doing the economics classes. blood sweat and tears. nothing was handed to them easy so why would any newbie be any different? learn the hard or way or there will be no way you will make it in this business. im a newbie myself im just not blinded by the illusion of m.as or any other indicator for that matter. i know i have to work hard to make it not chuck a couple of indicators on my chart and say im a trader.

regards damien
i pull the trigger when others are fearful---me
  • #117
  • May 20, 2010 7:56pm May 20, 2010 7:56pm
first of al it i wanna say mas are the 2nd most used indicators banks etc use them.

2nd i wanna say that you are a ridiculous person, people like you destroy this forum.

he wanted to share something he also said he has lossed, but why you nail him beforr he even said something.

hate noobs like you
  • #118
  • May 20, 2010 8:02pm May 20, 2010 8:02pm
seriously can you see a bank sitting there saying oh well the 20ma has crossed the 50 ma buy. can you see microsoft sitting in a boardroom saying well the cup and handle has formed or the head and shoulders pattern has formed we better load up. THINK ABOUT IT. hate me at least i know im doing something right lol

regards damien
i pull the trigger when others are fearful---me
  • #119
  • May 20, 2010 8:08pm May 20, 2010 8:08pm
oh and im not the one wrecking this forum its ppl coming here with the get rich quick mentality ruining this forum. but oh well keep using your m.as and indicators and thanks in advance for your money lol

regards damien
i pull the trigger when others are fearful---me
  • #120
  • May 20, 2010 11:47pm May 20, 2010 11:47pm
what a discussion this has turned out to be ,, can not wait till this MR helper
get back from Dublin. this Code Iwant to see.Cannot work out his SL with the 10 / 15 MAs. Has any body esle try to work out his code or method?????

Good trading Kawerau
0 traders viewing now