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CHOROS System

  • #6,061
  • Aug 19, 2011 12:59pm Aug 19, 2011 12:59pm
Quoting kk007
Thanks for your comment, tonny.

Deadline? I don't how to define a time...

For each step in my journey, I set a deadline, cannot achieve, delay the deadline, still cannot achieve, delay again....

I think the stage of taking only AAA will come naturally, after (not before) my discretionary ability completely mature.
well at least for me, i would like to start being really selective (AAA trades only) within next week. hopefully, the more picky i will be, the more consistent my performance will become. and hopefully i will soon start trading live very small account with this strategy.
then again, i am not good with deadlines in this sence either i was just curious

its just amazing how Kostas trading performance changed more or less overnight
  • #6,062
  • Aug 19, 2011 1:02pm Aug 19, 2011 1:02pm
Quoting cosgrove
The futures trade lower than spot because there is no carry cost in futures. To get equivalent spot prices, you factor in the interest rates as seen at:

http://www.cmegroup.com/equivalents

and you'll get the spot price.


  • #6,063
  • Aug 19, 2011 8:28pm Aug 19, 2011 8:28pm
Quoting Whenever
...I know that's fully overtraded (demo) but just let me share with you a 2,5 hours trading results just for fun.

Surely not only AAA Trades (I MUST learn to not follow temptations of overtrading).


So I agree: 2, max 3 AAA Trades in the day (they mostly happen during London / US Sessions) would be MORE than enough for doing great.
Would you please show your whole account in FF trade explorer? then we will know your overall performance.
I can make a 100 trades performance with no single loss in this kind of screenshot...It's very easy in mt4 platform.
  • #6,064
  • Aug 19, 2011 8:59pm Aug 19, 2011 8:59pm
Would you please show such a screenshot, if it is so easy in mt4 platform?

Quoting bobowang
Would you please show your whole account in FF trade explorer? then we will know your overall performance.
I can make a 100 trades performance with no single loss in this kind of screenshot...It's very easy in mt4 platform.
  • #6,065
  • Aug 20, 2011 3:23am Aug 20, 2011 3:23am
Quoting tonny47
its just amazing how Kostas trading performance changed more or less overnight
Tonny,
It's not exactly overnight if you take into account that I had a little over 2yrs of Forex experience before that. I guess all the pieces of the puzzle fell together at that point. Since you also have previous forex experience, I think your progress will be fast.
By the way, can you give us some insider info about a professional trading environment (e.g. what kind of methods they are using, what short of training you get there, etc.)?

Kostas.
  • #6,066
  • Aug 20, 2011 3:52am Aug 20, 2011 3:52am
Quoting bobowang
Would you please show your whole account in FF trade explorer? then we will know your overall performance.
I can make a 100 trades performance with no single loss in this kind of screenshot...It's very easy in mt4 platform.
Bobowang,
I found your t-shirt....
Attached Image
  • #6,067
  • Aug 20, 2011 4:13am Aug 20, 2011 4:13am
Quoting kk007
Would you please show such a screenshot, if it is so easy in mt4 platform?
What he means is the old trick of opening buy and sells at the same time on a trade, then close only the trades in profit. You then show account history tab which looks brilliant because there are only profitable trades in there, but in the trades window there could be loads of unprofitable trades still running.

BUT if he had bothered to read whenever's posts in this threade he will see the type of honest trader he is, posting good and bad trades so its laughable that he would waste his time doing something like that. The only people that do that kind of thing are people that want others to invest in them in some way.
  • #6,068
  • Aug 20, 2011 4:18am Aug 20, 2011 4:18am
Quoting kostas1
FXPro. Seriously considering FXPro ECN, if they implement fixed scale charts.
I use fxpro mt4 charts to look at and the ecn platform to place the trades, much faster execution.
  • #6,069
  • Aug 20, 2011 4:31am Aug 20, 2011 4:31am
Quoting kostas1
Tonny,
It's not exactly overnight if you take into account that I had a little over 2yrs of Forex experience before that. I guess all the pieces of the puzzle fell together at that point. Since you also have previous forex experience, I think your progress will be fast.
By the way, can you give us some insider info about a professional trading environment (e.g. what kind of methods they are using, what short of training you get there, etc.)?

Kostas.

good morning Kostas,

when i said overnight i was referring to your post 1 of this thread with myfxbook equity curve. surely your previous experience was absolutely necessary. i am currently re-reading links in DanceTOC document so i can put it together faster.

working for a firm has advantages - you have speedy connection to exchanges, very fast trading software, fast access to information. but thats absolutely essential to trading that most of the people did there - which is scalping. if you do that way 15-30 trades you would be quite selective. but then again i knew guys who did even 100 trades on some days. when i said scalping i meant that probably around 80 per cent of my trades were lasting less than a minute. often only 10-15 seconds. the good part also is that you can hear a noise on a trading floor (i.e. people swearing, shouting) which made you think even more or gave you some sort of warning. the most important bit was i think having a routine. you tend to have a coffee more often when you are at home , or you realise you have something `more important` to do. dont get me wrong, i still work hard even now, but when working for a firm, i was working on average 14 hours a day monday to friday plus you would read something trading related on weekend or news.

the training included mostly teaching about fundamentals and news. from technical perpective you mostly used support, resistance levels. pretty much nobody uses any indicators. maybe volume, 1 or 2 moving averages. unfortunately you are not directly taught strategies or any systems and its all really discretionary. or what you learn from other traders talking to them.

nevertheless, i strongly believe trading can be done from home. and you proved it. you have more freedom when trading from home. you can choose a clearly defined strategy from forum and discuss it with people who are willing to discuss it (otherwise they wouldnt write on forums such as forexfactory )
perhaps you will not be able to do super short term scalping (either way, i prefer not to), but 10-20 pips should be very achievable.

fuuuf i just realised i wrote a lot and somebody will get pretty bored
  • #6,070
  • Edited 5:22am Aug 20, 2011 5:08am | Edited 5:22am
Quoting tonny47
good morning Kostas,

when i said overnight i was referring to your post 1 of this thread with myfxbook equity curve. surely your previous experience was absolutely necessary. i am currently re-reading links in DanceTOC document so i can put it together faster.

working for a firm has advantages - you have speedy connection to exchanges, very fast trading software, fast access to information. but thats absolutely essential to trading that most of the people did there - which is scalping. if you do that way 15-30 trades you would be quite...
keep it going ... I think all of us like to hear it!!! it's very important to know how big guys play! because they have the ability to move the market!
I also heard most big guys play scalping!
and would you please tell me what's your average trading size (lot)? and How about their performance?
I heard from dukascopy that 50 millions dollars is normal and can be executed immidiately. and 100 or 200 millions will be harder to executed?
scalper need fast execution.
  • #6,071
  • Aug 20, 2011 5:18am Aug 20, 2011 5:18am
Quoting kostas1
Bobowang,
I found your t-shirt....
Don't laugh..

I really found some guy in other threads doing this kind of thing(only close the winning trades and show it to us) to cheat others and support the starters of that threads.

So, when I read this kind of screenshots in FF, I always doubt it and wanna see the whole performance.

BTW, I really wanna see your account history, from 400 to 2XX,XXX. That will encourage me and others to struggle in this field.
if you think it's not safe to link your account to FF's trade explorer or myfxbook, you can PM me your investor password(you can change it after that), just let me take a look! I may report back here.
  • #6,072
  • Aug 20, 2011 5:52am Aug 20, 2011 5:52am
Quoting tonny47
fuuuf i just realised i wrote a lot and somebody will get pretty bored
Great info, thanks Tony. Nobody is bored with these stories. When you feel like giving more, please feel this thread as you psychologist.....
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  • #6,073
  • Aug 20, 2011 5:53am Aug 20, 2011 5:53am
So many guys are here!!!
It is saturday, you should all be having fun now
  • #6,074
  • Aug 20, 2011 5:53am Aug 20, 2011 5:53am
Quoting bobowang
Don't laugh..

I really found some guy in other threads doing this kind of thing(only close the winning trades and show it to us) to cheat others and support the starters of that threads.

So, when I read this kind of screenshots in FF, I always doubt it and wanna see the whole performance.

BTW, I really wanna see your account history, from 400 to 2XX,XXX. That will encourage me and others to struggle in this field.
if you think it's not safe to link your account to FF's trade explorer or myfxbook, you can PM me your investor password(you...
Asking for somebody's account password is rude and stupid. Stop it!!
  • #6,075
  • Aug 20, 2011 5:57am Aug 20, 2011 5:57am
Quoting kostas1
Great info, thanks Tony. Nobody is bored with these stories. When you feel like giving more, please feel this thread as you psychologist.....
I have a front office trading firm working experience too, working in a stock option trading as supporting staff. Trading methods more emphasze is on quantitative rather than visual judgement.
  • #6,076
  • Aug 20, 2011 5:59am Aug 20, 2011 5:59am
Quoting ohammond
What he means is the old trick of opening buy and sells at the same time on a trade, then close only the trades in profit. You then show account history tab which looks brilliant because there are only profitable trades in there, but in the trades window there could be loads of unprofitable trades still running.

BUT if he had bothered to read whenever's posts in this threade he will see the type of honest trader he is, posting good and bad trades so its laughable that he would waste his time doing something like that. The only people that do...
cheers, I know how to do it now.
  • #6,077
  • Aug 20, 2011 6:02am Aug 20, 2011 6:02am
Quoting Greenhill
Asking for somebody's account password is rude and stupid. Stop it!!
That's investor's pw, not trade pw. hope you know it.

I just wonder why you don't wanna see that great performance? So weird!
  • #6,078
  • Edited 6:24am Aug 20, 2011 6:10am | Edited 6:24am
Quoting kk007
cheers, I know how to do it now.
If you really read this kind of screenshots carefully in FF, you will find some guys do cheat in this way in FF.

After I found it again and again, I started a thread to copy what they do and let others know it. so funny that few people know it.
http://www.forexfactory.com/showthread.php?t=287469

If you wanna learn trading from others, first, you really need to make sure he is a successful traders. look at myfxbook, how many cheaters there? There are 1800 systems in FF, none of them can show a trustworthy performance, including james16, jacko(is he in jail?), why? maybe you just wonder they don't have it?
(Actually some people showed live trading results, but all of them are not successful.)
  • #6,079
  • Aug 20, 2011 6:10am Aug 20, 2011 6:10am
Quoting Greenhill
Asking for somebody's account password is rude and stupid. Stop it!!
Thanks....
Attached Image
  • #6,080
  • Aug 20, 2011 6:11am Aug 20, 2011 6:11am
Quoting bobowang
Don't laugh..

I really found some guy in other threads doing this kind of thing(only close the winning trades and show it to us) to cheat others and support the starters of that threads.

So, when I read this kind of screenshots in FF, I always doubt it and wanna see the whole performance.

BTW, I really wanna see your account history, from 400 to 2XX,XXX. That will encourage me and others to struggle in this field.
if you think it's not safe to link your account to FF's trade explorer or myfxbook, you can PM me your investor password(you...
lol would you personally really give your account password to anybody?!?!?!? especially when you have some decent size on your account?
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