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The Newbie System (a faster way to success)

  • #61
  • May 23, 2011 9:43am May 23, 2011 9:43am
Quoting Favorite
This one is a good one too!

But don't you think that you should open a thread "The Newbie System a faster way to success" (what a name!) ONLY if you're a VERY SUCCESSFUL TRADER yourself?

Can you teach somebody to be successful if you are not successful?
thats a fair question.. but you must be thinking of success in different contexts..

I have successfully began to understand the 5 steps I listed in my initial post.. its a huge progress for me compared to when I used to look for a system I could just follow blindly (buy and sell when indicators did etc..)


but your on the right track.. I like your questioning shit.. idk how to explain this without seeming weird.. but your kinda like me in a way where I used to be.. im kind of at the point now where I successfully analyze things in fuller context..

like I tried to be understanding of why you are so defensive or aggressive towards my posts.. and I think its because you felt attacked in my first post towards you.. rather than just go off on you I'm trying to be understanding and see things in a fuller light

idk thats just the point im at now.. whether its the market or life.. I find you kinda treat the markets how you treat life.. see its my guess when the market goes against you.. do you find yourself acting aggressive and defensive similar to how you are acting in the past posts..


like I said tho I probably cannot shed any light.. like I said about the holy grail example.. I could make something so clear to some people they probably would not be able to accept it..

it took me a long time in life to admit when Im wrong and such.. I'm not saying your wrong but thats just an example of the kind of shit i've found I had to overcome in order to make better decisions

in most ways my actual life experiences have taught me more about the markets than anything else.. like my military experience, and my talents and trades..
  • #62
  • May 23, 2011 9:53am May 23, 2011 9:53am
Quoting newyear498
another revelation I made a while back via FF.. is that even if I did know the holy grail of trading.. if I told it directly on a thread.. i'd probably be called an idiot or something and few would know how to use such information properly..

just my findings...
I'm sorry, but you're wrong.

When BigE created a thread "Trading Made Simple", nobody called him an idiot. People saw that he knew what he's talking about and that his system's really good. That's why in 4 weeks his thread become a 240 pages monster and people keep thanking BigE because they started making money.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #63
  • May 23, 2011 10:01am May 23, 2011 10:01am
Quoting newyear498
I find you kinda treat the markets how you treat life.. see its my guess when the market goes against you.. do you find yourself acting aggressive and defensive similar to how you are acting in the past posts..
First, I'm not acting defensive against you.

Second, when the price goes against me, I write off this lost and that's it.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #64
  • May 23, 2011 10:07am May 23, 2011 10:07am
Quoting newyear498
thats a fair question.. but you must be thinking of success in different contexts..

I have successfully began to understand the 5 steps I listed in my initial post.. its a huge progress for me compared to when I used to look for a system I could just follow blindly (buy and sell when indicators did etc..)
Well, you'll probably say again, that I'm aggressive against you, but I think 99.9% of the traders think: you're a successful trader if you make good money.

Another measure: do you have 70-80% profitable trades? BigE has 85%...

And I think 99.9% of the traders don't care whether you understand 5 steps. You either make money or don't make money - that's it!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #65
  • May 23, 2011 10:08am May 23, 2011 10:08am
i think we've established that this thread is not a system, is not the grail, and seems to royally annoy favorite.

regardless of what this thread does and does not do, i believe the reality of it all is that people have to learn the hard way regardless of what they are told.
Congratulations ScalaFX for coming out of the closet!
  • #66
  • May 23, 2011 10:21am May 23, 2011 10:21am
Quoting Favorite
Well, you'll probably say again, that I'm aggressive against you, but I think 99.9% of the traders think: you're a successful trader if you make good money.

Another measure: do you have 70-80% profitable trades? BigE has 85%...

And I think 99.9% of the traders don't care whether you understand 5 steps. You either make money or don't make money - that's it!
if BigE has 85% profitable trades.. and it sounds like you trade his system... and you yourself don't have close to 85% profitable trades... then something is wrong with this picture ROFL!

and idk dude.. do we really need to go down the story path of win ratio to gain ratio... why is winning more often more important to you rather than gaining more profit?



Quoting nubcake

regardless of what this thread does and does not do, i believe the reality of it all is that people have to learn the hard way regardless of what they are told.
anyways I'll just end here as nubcake has an agreeable conclusion
  • #67
  • Edited 11:09am May 23, 2011 10:50am | Edited 11:09am
Quoting newyear498
if BigE has 85% profitable trades.. and it sounds like you trade his system... and you yourself don't have close to 85% profitable trades... then something is wrong with this picture ROFL!
I'm sorry to disappoint you, but so far I have zero losses with this system, 35 winning trades out of 35.

But I changed this system a little bit, my entries are a little bit "pinpointed"...
Gentlemen always play by the rules. If they can't, they change the rules.
  • #68
  • May 23, 2011 10:54am May 23, 2011 10:54am
Quoting newyear498
and idk dude.. do we really need to go down the story path of win ratio to gain ratio... why is winning more often more important to you rather than gaining more profit?
I never said that winning more often was more important to me than gaining more profit.

But as far as I understand, you don't have neither profits nor a good ratio.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #69
  • May 23, 2011 10:56am May 23, 2011 10:56am
Quoting newyear498
anyways I'll just end here as nubcake has an agreeable conclusion
I'm for a agreeable conclusion too, but I had to answer your posts, right?
Gentlemen always play by the rules. If they can't, they change the rules.
  • #70
  • May 23, 2011 11:07am May 23, 2011 11:07am
Quoting Favorite
I'm sorry to disappoint you, but so far I have zero losses with this system, 35 winning trades out of 35.
lol. and you are serious too.

why you haven't taken the time to backtest this a little more than just 35 measly trades is hilarious, just in case you don't get the joke here.
Congratulations ScalaFX for coming out of the closet!
  • #71
  • May 23, 2011 11:17am May 23, 2011 11:17am
Quoting nubcake
lol. and you are serious too.

why you haven't taken the time to backtest this a little more than just 35 measly trades is hilarious, just in case you don't get the joke here.
Yes, it is hilarious. And yes, it IS funny. But NOT funny-ha-ha...

You guys are amazing.

One is teaching how to be a successful trader while don't make any money.

Another one... I'd better not to say anything... The smart ones will understand me...
Gentlemen always play by the rules. If they can't, they change the rules.
  • #72
  • May 23, 2011 11:25am May 23, 2011 11:25am
Quoting Favorite
You guys are amazing.
oh, you are too kind. you are amazing as well. we are grateful that you have given so much wisdom to us all here. we salute you and your 35 trades.

see you in a few months when you come back in tears wondering how it all went wrong.
Congratulations ScalaFX for coming out of the closet!
  • #73
  • May 23, 2011 11:29am May 23, 2011 11:29am
Quoting nubcake
see you in a few months when you come back in tears wondering how it all went wrong
That's what usually the losers say while the winners just keep making money.

People tested this system for 9 months LIVE - isn't it enough?
Gentlemen always play by the rules. If they can't, they change the rules.
  • #74
  • May 23, 2011 11:37am May 23, 2011 11:37am
Quoting Favorite
That's what usually the losers say while the winners just keep making money.

People tested this system for 9 months LIVE - isn't it enough?
oh my mistake. your 35 trades and the words of some randoms online must be good enough. see you in a few months and then you can gloat all you like about your wicked profits and set up trade explorer so we can see how much you are profitable and worship your elite skills. and we can all eat humble pie and like it.

until then... lol. good luck bro.
Congratulations ScalaFX for coming out of the closet!
  • #75
  • May 23, 2011 11:37am May 23, 2011 11:37am
Quoting Favorite
People tested this system for 9 months LIVE - isn't it enough?



Isnt that what the turtles said too?
  • #76
  • May 23, 2011 11:45am May 23, 2011 11:45am
Quoting nubcake
oh my mistake. your 35 trades and the words of some randoms online must be good enough. see you in a few months and then you can gloat all you like about your wicked profits and set up trade explorer so we can see how much you are profitable and worship your elite skills. and we can all eat humble pie and like it.

until then... lol. good luck bro.
I see! Another "successful" trader who thinks that to be successful means "to understand 5 rules"...

Why are YOU so upset? It is not your thread, it is newyear498's thread, isn't it? Or it is? Some kind of a newyear498-nubcake venture?
Gentlemen always play by the rules. If they can't, they change the rules.
  • #77
  • May 23, 2011 11:48am May 23, 2011 11:48am
Quoting traderjai_inhi


Isnt that what the turtles said too?
God, I love this thread!

Are you against the great turtles now?

Don't you know that they are untouchable?
Gentlemen always play by the rules. If they can't, they change the rules.
  • #78
  • May 23, 2011 11:51am May 23, 2011 11:51am
Quoting Favorite
I see! Another "successful" trader who thinks that to be successful means "to understand 5 rules"...

Why are YOU so upset? It is not your thread, it is newyear498's thread, isn't it? Or it is? Some kind of a newyear498-nubcake venture?
for someone so wanting to be clever, you have failed to read the self-labelled title under my username. i'll give you a moment to let it register...

...

...

ok, read it? good. now when you have done a few more trades come back and let us know. let's say around.... 200 trades. by then you will start to get a better feel for where you are going to end up. i'm hungry for that humble pie.

p.s. i'm not upset about anything. you are great entertainment. your naivety tickles my soul just right. thanks for that btw.
Congratulations ScalaFX for coming out of the closet!
  • #79
  • Last Post: May 24, 2011 12:43pm May 24, 2011 12:43pm
Quoting Favorite
jmtini, thank you for the answer.

20 pips SL for H-4 - it is great! I use 25-30 pips SL for H-1, so you must be really good at setting stop-losses.

Dopey is right: we have to keep learning and exploring!

jmtini, I would really appreciate some examples, thank you.
Have a look on GBPUSD on central european time zone - at least 7 bars since 12.00am on 20th May
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