My trading journey

I trade medium to long term and same Plan since 4 weeks same SL , TP.
It's matter of Pick up an entry and MM to me
So far Plan go nice.

Hello Dongsky,

I'd like to thank you for sharing your experiences - it is very inspiring seeing your execution of TAF ideas.

I hope you don't mind me asking you a question on your journal. I thought to ask you as you have seemingly kept things quite simple, and your posted results are quite amazing.

I've been working through the FTI TAF thread and am nearing 200 pages, but have yet to see much elaboration on - "How to learn to dance?"

As you seem to have picked up the skill, I was wondering if you have advice for how to learn it?

Do I just get on demo, look for a direction, enter a scout and FEEL what's going on? I have been doing this with some success. And figure my next step is to fund a small account and repeat the process.

I was just wondering if you can share your progression, and/or if this is all that needs to be practiced to improve. Any advice you have is appreciated.

Thanks again for your journal, its been truly valuable.
Joe

Hi Joe,
Thanks for yor kind words, and glad that you find this thread educational and entertaining

For me, reading and understanding fti's dance method needs a lot of practice... you have to read and re-read the thread along the way as you are dancing.

i can summarize the dance in my own way:
-the dance is fighting a battle front
-you are the general- who leads and plan the attack and be responsible of
the outcome of the battle
-therefore your main goal is victory
-victory can be forecasted with high degree of certainty
-and knowing when to attack or retreat is to your advantage
- must have the correct running battle mindset

to dance with the market is to feel her... by deploying a scout of whatever bias you may have after as short anlaysis of the chart of the pair of your choice. and when the scout(s) are on the right direction then as a commander you have to implement your battleplan(s) swiftly i.e. MO, MM ....

it will be beneficial to anybody to just dance with one currency pair when dancing. just like in real life, when you have a long lasting relationship with a woman you will know, learn and feel all that she is... you will know what her mood, if she's happy, sad... angry...

just like your favorite currency pair... as you gain a lot of experience (through screen time of demoing) you will know if the market is active, dead, up, down or sideways... you will know all these thourgh feeling...

this is the purpose of the scout... to feel the market.. and to know her... what she's like ...

if she's active (volatile) and there is speed leading to the direction then attack is good,

you must also understand basic candlestick reading and it's behaviour, patterns, support and resistance. these will help you more to feel the market on your dance.

and when you have the time, try to study market structure... of who owns the market and you will understand forex better...

and lastly, it is best to start with demo account for one month... if you manage to be profitable for a month then you can open a micro mini account where you can trade as low as 10cent per lot...

however if you go the other way, you loose on your demo acct on the first month, then you have to start all over again... do this until you will be profitable... and only then you will have a micro mini live account...

goodluck and be safe.

regards

Thanks Dongsky I appreciate your feedback!

Joe

deployed short scout...3168

squared........3151
190pips

long scout....
bx1x3150

bx3x3161

killed troops & scout... 3160

just curious why did you get out?

twas a mistake... that's why i'm furious... i'm looking for another good entry... sidelines for now...

i'm just dancing on a range bound market... just for a few pips...

okay, thanks

short scout... 3168

just reached my 6% qouta

....
here's my current statement of acct...

squared for the moment... need a breather twas a wild dance ...

Morning Eddy and Friends!

Just got info from VG, that the only non-trading days are 24.12 and 31.12. All other days are counting for the challenge according to market opening times ...

That may cause some discussion with my family ...

CU,
Niels

tsk! that's sad to know... since me and my wife are already booked some events... and we're gonna travel on the 26 until 28 outside victoria... and 100% no trading for me...

family first no worries!!!

3kings not aligned... be watchfull...

sx1x3157

sx3x3150

Does fti go into detail about the 3 kingdoms in his thread? i'm on page 114 and not much so far