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CHOROS System

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  • Post #6,081
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  • Aug 20, 2011 7:18am Aug 20, 2011 7:18am
  •  kk007
  • Joined Feb 2009 | Status: Commercial Member <- Don't trust me | 2,976 Posts
Quoting bobowang
Disliked
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
Ignored
Interesting thread!

Anyway, no one has a responsibility to prove anything to other on FF. Free help is offering here.

The thing I can share is when I practise more and more, I find price movement more and more predictable. And based on this, I think it is completely possible for a person to earn a few percents per day consistently (even I can't achieve it now).
  • Post #6,082
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  • Aug 20, 2011 7:22am Aug 20, 2011 7:22am
  •  tonny47
  • | Joined Apr 2008 | Status: Member | 1,306 Posts
Quoting bobowang
Disliked
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.
Ignored
well again it depends on traders experience what size they trade. i only traded very small to tell you the truth, but there are guys who used to trade over 1000 lot positions. that would go through slower
how much position moves the market depends on the thickness(volume traded at each price) of the market.
this is a great article to read and he writes about differences between pro and self taught traders
http://www.nobrainertrades.com/2011/...ort-hedge.html
  • Post #6,083
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  • Aug 20, 2011 7:24am Aug 20, 2011 7:24am
  •  tonny47
  • | Joined Apr 2008 | Status: Member | 1,306 Posts
Quoting kk007
Disliked
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.
Ignored
that had to be an interesting experience!

there are so many different ways these firms trade and operate
  • Post #6,084
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  • Aug 20, 2011 7:25am Aug 20, 2011 7:25am
  •  tonny47
  • | Joined Apr 2008 | Status: Member | 1,306 Posts
Quoting kostas1
Disliked
Great info, thanks Tony. Nobody is bored with these stories. When you feel like giving more, please feel this thread as you psychologist.....
Ignored

hehe, ok, thank you Kostas
  • Post #6,085
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  • Aug 20, 2011 7:29am Aug 20, 2011 7:29am
  •  bobowang
  • | Joined Jun 2008 | Status: Member | 350 Posts
Quoting Greenhill
Disliked
Asking for somebody's account password is rude and stupid. Stop it!!
Ignored
I find some funny thing!!! you are a group! look at all your posts! normal members didn't do it in this way!!! too obvious!!!! what's your purpose???? waste others time!
  • Post #6,086
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  • Aug 20, 2011 7:33am Aug 20, 2011 7:33am
  •  kk007
  • Joined Feb 2009 | Status: Commercial Member <- Don't trust me | 2,976 Posts
Quoting bobowang
Disliked
I find some funny thing!!! you are a group! look at all your posts! normal members didn't do it in this way!!! too obvious!!!! what's your purpose???? waste others time!
Ignored
Perhaps, a single person behind all these usernames...
  • Post #6,087
  • Quote
  • Aug 20, 2011 7:58am Aug 20, 2011 7:58am
  •  tonny47
  • | Joined Apr 2008 | Status: Member | 1,306 Posts
Quoting kk007
Disliked
Perhaps, a single person behind all these usernames...
Ignored
  • Post #6,088
  • Quote
  • Aug 20, 2011 8:03am Aug 20, 2011 8:03am
  •  tonny47
  • | Joined Apr 2008 | Status: Member | 1,306 Posts
Quoting bobowang
Disliked
I find some funny thing!!! you are a group! look at all your posts! normal members didn't do it in this way!!! too obvious!!!! what's your purpose???? waste others time!
Ignored
i can understand that you want to see some solid proof, but then again the more time you spend studying this method the more confidence you will get.
Plus what kind of person would really spend so much time and effort to fool you for so long (even if you dont have confidence in the method) - this thread was established year and half ago.

Kostas is not charging for his time and teaching and thats why i dont think its reasonable to push him.
  • Post #6,089
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  • Edited at 1:39pm Aug 20, 2011 11:04am | Edited at 1:39pm
  •  Binyamin
  • Joined Jun 2011 | Status: Consistency With Discipline | 1,036 Posts
When I graduated a smart classmate of mine that did civil engineering conjoint with a finance degree, got a trading job at Macquarie Investment bank of Australia. About 2 years ago I got a chance to ask him about it. He said something along the line that the banks allow their traders to be flexible in their trading and each trader will be responsible for a few markets. However the banks are very very strict with certain rules concerning risk and are not afraid to fire on the spot for any mistakes.

The sticking point he told me was, it is not unusual for successful bank traders to quit their job thinking they can duplicate their success at home. When they become a home trader they usually don't adhere to the strict trading rules set by the banks like money management etc. They lose enough money at home to give up and apply for their job back again. When they are at their job the second time they suddenly start making money because they are bound by the strict rules. Irony at its finest.

It was certainly a defining point for me in my own trading.

Edit: Oh yeah he did say that he can make much much higher percentage of returns if he was trading at a smaller size and not with the kind of volume imposed by the bank. So I really think the small boys like us have some advantages.

Edit: I just remember another thing he told me, the bank impose a rule on him, he cannot have more than X% of his funds being risked at any one time from his total open trades. After Y% amount of lost in a day which he said at that time haven't happen to him yet, he have to stop trading for some time.
Riding the order flow
  • Post #6,090
  • Quote
  • Aug 20, 2011 11:36am Aug 20, 2011 11:36am
  •  Binyamin
  • Joined Jun 2011 | Status: Consistency With Discipline | 1,036 Posts
Quoting bobowang
Disliked
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
Ignored
HAHAHAHAHA I can't stop laughing! That has got to be one of the funniest thread on FF!
Riding the order flow
  • Post #6,091
  • Quote
  • Aug 20, 2011 12:11pm Aug 20, 2011 12:11pm
  •  Favorite
  • | Membership Revoked | Joined May 2011 | 2,976 Posts
Quoting bobowang
Disliked
BTW, I really wanna see your account history, from 400 to 2XX,XXX.
Ignored
We all want something that we can't get...

For example kostas1 wants you to leave him alone. I want you to leave this thread alone... Can kostas1 and I get what we want? I doubt it...
Gentlemen always play by the rules. If they can't, they change the rules.
  • Post #6,092
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  • Aug 20, 2011 12:17pm Aug 20, 2011 12:17pm
  •  Favorite
  • | Membership Revoked | Joined May 2011 | 2,976 Posts
Quoting Binyamin
Disliked
HAHAHAHAHA I can't stop laughing! That has got to be one of the funniest thread on FF!
Ignored
Yes, that's a good one!!!
Gentlemen always play by the rules. If they can't, they change the rules.
  • Post #6,093
  • Quote
  • Aug 21, 2011 6:15am Aug 21, 2011 6:15am
  •  tonny47
  • | Joined Apr 2008 | Status: Member | 1,306 Posts
haha, this bobowang never gives up on other threads either

http://www.forexfactory.com/showthre...62#post4884962

and some answer he got

http://www.forexfactory.com/showthre...66#post4885966

sorry Kostas that i am posting links to other threads but find it a bit amuzing
  • Post #6,094
  • Quote
  • Aug 21, 2011 8:17am Aug 21, 2011 8:17am
  •  bobowang
  • | Joined Jun 2008 | Status: Member | 350 Posts
Quoting tonny47
Disliked
haha, this bobowang never gives up on other threads either

http://www.forexfactory.com/showthre...62#post4884962

and some answer he got

http://www.forexfactory.com/showthre...66#post4885966

sorry Kostas that i am posting links to other threads but find it a bit amuzing
Ignored
yes,yes! I wanna find some real successful trade performances, and apply Nobel prize for them.
But as all the economists expected, no one can show it! all the economists believe they are just cheaters! they should be put into jails!
It's true there are a lot of successful traders in the world, but all of them are trying their best to hide their system, correct?
  • Post #6,095
  • Quote
  • Edited at 11:41am Aug 21, 2011 11:30am | Edited at 11:41am
  •  neomn
  • | Joined Jan 2010 | Status: Member | 86 Posts
K guys, let's concentrate on trading.

Talk about position management, we can open two position. But I find one position is easier to manage. The problem with my broker is that you cannot manually close partial position.

Attached is the script to close the opening position partially. You can activate it when your trade is 10/15 pips into profit, and left the leftover position ride.

I tested earlier, it was working, but later on added user input without testing. Hope it do what it is supposed to do.
Attached File
File Type: mq4 ClosePartial.mq4   2 KB | 266 downloads
  • Post #6,096
  • Quote
  • Aug 21, 2011 11:40am Aug 21, 2011 11:40am
  •  neomn
  • | Joined Jan 2010 | Status: Member | 86 Posts
Just to clarify on the use of script:
You don't have to change the input. If you don't provide the ticket #, the script will get the most recent trade, and close half of it.
Optionally, You can manually choose the ticket#, and percent of position to close (have to be less 1.0).

Demo it first before use in real account.
  • Post #6,097
  • Quote
  • Aug 21, 2011 10:03pm Aug 21, 2011 10:03pm
  •  kk007
  • Joined Feb 2009 | Status: Commercial Member <- Don't trust me | 2,976 Posts
Quoting Favorite
Disliked
We all want something that we can't get...

For example kostas1 wants you to leave him alone. I want you to leave this thread alone... Can kostas1 and I get what we want? I doubt it...
Ignored
Sure, kostas1 can put bobo on ignore list, and bobo can never post here again.
  • Post #6,098
  • Quote
  • Aug 21, 2011 10:11pm Aug 21, 2011 10:11pm
  •  Favorite
  • | Membership Revoked | Joined May 2011 | 2,976 Posts
Quoting kk007
Disliked
Sure, kostas1 can put bobo on ignore list, and bobo can never post here again.
Ignored
Gentlemen always play by the rules. If they can't, they change the rules.
  • Post #6,099
  • Quote
  • Aug 22, 2011 1:35am Aug 22, 2011 1:35am
  •  kostas1
  • Joined Mar 2009 | Status: I know that I know nothing | 2,724 Posts
Quoting kk007
Disliked
Sure, kostas1 can put bobo on ignore list, and bobo can never post here again.
Ignored
I am always open to critique but NOT open to bullshit. So, bobo is free to post here if he decides to work with the method, but one more effort to sidetrack our discussions will probably result in a ban.
  • Post #6,100
  • Quote
  • Edited at 3:18am Aug 22, 2011 2:03am | Edited at 3:18am
  •  Binyamin
  • Joined Jun 2011 | Status: Consistency With Discipline | 1,036 Posts
Does anyone here start their trading day with Choros by marking previous price actions for the day before?

Update: I guess no one does.
Riding the order flow
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